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Judge Napolitano: Taxes Are Too High
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FOX News judicial analyst Judge Andrew Napolitano on Hillary Clinton's remarks on taxing the rich.
- Duration 2:43
- Date Sep 26, 2012
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FOX News judicial analyst Judge Andrew Napolitano on Hillary Clinton's remarks on taxing the rich.
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-- thank you Hillary Clinton wants to tax -- eight around the world.
The secretary of state making those remarks that the Clinton Global Initiative where she said there -- -- -- everywhere.
And they don't that he did not contribute enough to the growth of their -- country -- Judges here judge -- -- town -- Fox News senior judicial analyst in a segment that has been.
-- -- for the last two days people bidding on the tax the judge had a conflict yesterday scheduling conflict -- Twitter -- bought it.
-- of what is the judge had to say about this Hillary Clinton story or bad they can't predict when minute set up.
Actually Ashley -- just so nicely said it for us with those pictures of what's going on in -- the problem is not that taxes are too -- are too low it's that they're too -- -- that the government is taking too much money.
And that money is not available for investment in the private sector.
Hillary Clinton must know this you must understand economics one -- one.
I think she's doing some bidding for her -- somebody gets reelected in -- probably hopes that he -- -- and nevertheless she is a part of the team like her husband.
Is a part of the team.
But if she is suggesting that some.
International authority like the UN.
Could Levy taxes on these leaks depending -- -- -- you find them all over the world that would violate the constitution with respect to Americans so I don't know that she's.
Going that far.
But when she says he leads don't pay enough taxes if you define any -- as a personal earns a million dollars a year or has a million dollars in assets.
Those folks paying 50% of the taxes so I don't know where she's getting her figures from -- -- don't know where she's getting the legal authority for him to make this absurd argument what.
What's scary and some -- you have a wealth tax which is attacks on -- wealth not own and calm not on realized gains from any investments not on dividends.
It just tax taxes what your work and I didn't have one but it done raising money for -- had when he got rid of it correct.
Either -- won't raise money or people will leave the country or would reduce the number of people who are wealthy.
For every dollar that the government takes from any person that's a dollar less available to invest.
Government loses money investment makes money it's pretty basic.
Hillary Clinton must know that therefore she's cooperating with that gaggle in Chicago that's -- the president's campaign.
And people some people some people known to Bermuda felt like that -- -- -- fall into the same I -- imagine the reaction in this country if you got a tax bill from the UN how many UN can't even hold a meeting when our clock hit the streets in New York City.
Much less tax.
Access as rough out there today -- -- traffic thoughts he could walk outs only next to the Warwick and we cash flow yet solvent the other day no that's -- we're gonna be getting back -- -- anyway and the markets will ruin the already forgiven you.
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