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Americans for Tax Reform President Grover Norquist on potential tax hikes and their impact on the Presidential election.
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Of the nonpartisan group warned the UR -- faces a fiscal crisis.
Unless congress make significant changes in both tax and spending policies joining me now is Grover Norquist president of Americans for Tax Reform Grover.
Are you excited.
About that surplus back on April or is that just.
Is at a distant memory now.
That they had unfortunately government -- spending so much money.
Look we need to reduce spending.
The problem -- all the administration wants to do is imagine ways to raise taxes to pay for their higher spending.
And -- we look at the -- happening right now in Washington DC the president is made it clear he's not preparing to make any changes.
In his administration's position on the payroll tax holiday.
On the bush era tax cuts 20012003.
-- the very idea that we're going to see new taxes come beginning the first of next year.
For obamacare.
The list goes on and on the increase in taxes on dividends which is you know obviously -- treasured by this administration.
Well or are we -- Well interestingly most Smart politicians try and put tax increases.
And Election Day six months apart that's -- April 15 is a long way away.
From November.
What Obama is done by mistake.
Is will go ahead and vote in November and 56 days later.
There's a 500 billion dollar 500 billion dollar tidal wave of tax increases hitting the American people.
So while not we're talking about a lot of different things fast and furious very serious.
Abuse of power does -- government.
As we get into Election Day you walk and you vote for Obama you get a 500 billion dollar tax increase you vote for Romney he's committed to extending.
All of the two -- -- 12003 out for a year so we can do tax reform that's revenue neutral.
Not a 500 billion dollar tax increase.
The president sometimes that's all I -- and continue some of those lower taxes really.
He was -- United States all of 2009.
All of 2010.
Every day he woke up and didn't extend any of them permanently that he wasn't -- at night woke up the next day -- didn't extend any of them permanently.
Why were -- president's been.
-- he wants to raise taxes.
He wants to raise taxes.
Yeah what we don't have is any assurance.
That congress and a new president -- -- can come to any kind of rational policy judgment.
Even after Election Day.
And that is the most disturbing aspect of all of us.
And and we've got some.
Who think that they can.
In a bipartisan manner fashion a compromise.
We have a number people have been suggesting underwear we're gonna have to raise taxes because -- a sixteen trillion dollar.
National debt as if there -- problem is after all of the -- led by -- boards of those interest being but you're his.
I that we have a in our tax problem instead of a spending -- I mean this is crazy stuff.
Senator Graham of South Carolina said.
That he would trust Obama.
To cut spending if and he would agree to raise taxes.
I don't think senator Gramm has been paying attention -- last three years of the Obama administration.
You know for him to take the position.
That he would raise taxes and just trust -- -- -- -- cut spending.
That would ultimately got word that -- or whatever one harbor one would construct his remarks and in some would construct Minnesota earlier rational.
-- you it's very clear one thing which I'm sure our -- have suspected.
Lindsey Graham is not up for election this year.
That's -- He gets up in 2004 or anything but I don't think he would vote for a tax increase I think you is talking about a weird hypothetical but imagine how hypothetical that are -- you -- good but now you're starting to divine.
And that's getting me a little -- I think were gonna continuous I'm trying to be generous side you are and I've always thought a view as a man with a generous spirit.
If you have not fill those again it's great to have you.
