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“Tax the Rich” a Theme at the DNC

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    Sen. Kay Bailey Hutchison on the impact of higher taxes on economic growth.

  • Duration 4:26
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Then let's bring in and joining the company from Dallas is senator Kay Hutchison Republican from Texas.

So -- I'm sort of kick it off on this notes commenting on the Eva Longoria bonds she went right out there the DNC last night and said look I'm rich I don't mind paying a higher tax rate.

Well you're a Republican you don't want anybody to pay -- higher tax rate how do you react to the Eva Longoria is of this well.

Well just the way you have you know to hear people like Warren Buffett an Eva Longoria say fine -- -- new taxes happy to do it.

Shows is the wrong.

Solution it doesn't.

It if she and Warren Buffett paid a 100% of taxes it wouldn't make any difference in the deficits.

But we've got to do is put people back to work by encouraging small business to hire.

You know that was the difference Stuart that I saw in their convention and the Republican Convention.

You heard at the Republican Convention the people who are really standing up for the middle class the people who can create an economy.

Or the small business people.

And you heard story after story about them just getting demoralized and dropping out because of Obama care and the fines with that.

In constant talk of new taxes and more regulations.

What we -- of three people to hire people.

And create more revenues through people working.

What what is your response to the jobs report this morning.

President Obama says it is a signal that the economy continues to recover I think that's almost precisely what he said in a statement this morning.

You shaking your head that -- I've set things this is a very bad report to put it mildly I think it is what worries us.

Of course it is that's -- It's always for them how -- we communicate better.

It's not the reality.

People know that over 8% employment.

Is a disaster for this country that winning -- paid millions of people aren't working but just digit numbers.

I'm sorry to interrupt you senator.

I know -- wanna do polyps fights -- enter politics.

But the number that we've been concentrating on is 368000.

Americans just dropped out of the -- -- that they just again probably hope.

Now that is incredible moment to me.

That is an incredible number that's what I was about to say when you lowered the unemployment by two notches because people have just topped out -- given up.

Is that really a success is that their definition of success.

It's unbelievable.

It's.

Like Paul Ryan said when I told the president this bad news he said oh my gosh we really aren't communicating well enough.

No it's the policies that are the problem not the communication.

You I believe are retiring from the senate is -- that is -- can I perhaps Europe perhaps your -- -- to speak more freely so let me ask this question.

Do you believe that the Republican Party has been taken -- by those extremists in the teapot.

You know I think that Tea Party has had a positive influence in this respect.

People are scared they're scared of the deficits the debt there's they're scared that America is losing its edge of entrepreneurship.

And the spirit -- can do that we can do this together.

And because they have.

Just -- risen up and said we're not gonna take this I think is a good thing now we have to channel list in two.

I think a way to go forward.

And do what Ronald Reagan dead and that is work across the -- And let's get that deficit down -- President Obama is saying is you know what.

We're just gonna keep on doing what we've been doing in.

You know we're -- to slowly make progress but his actions are.

Over one trillion dollars in deficits every single year in the Obama budgets.

He can't -- the deficit down by increasing it every year and that's what we got ten.

Make sure people understand it's the policies that matter not communication.

I close this by saying I'm very sorry that I interrupted you senate I everything -- have I know who you laws I don't know if it's that's your job.

I made the for the you're about to make -- -- about -- -- what a pleasure it is to have you with as I do -- you can come again soon thank you.

I thank you -- update thank you --

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