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-- -- and only happen if we make a big change in Washington not surprisingly Americans -- tax reforms.
Ryan Ellis -- so you know it does get back to a fundamentally I got I was thinking about it indeed.
If you re -- the incumbent.
Aren't you more or less -- what you've got.
And and taking.
A hunch that you'll get warm what you've got but certainly not a revolution lead in in in -- tax -- or spending as we don't.
Right and then if you take a look at what we've got for the last four years this president hasn't wanted anything to do with tax reform.
He had a super majority in congress for the first two years that he was there -- around the house -- sixty votes in the senate most of the time.
He didn't put forward a tax reform plan.
To the extent these before -- corporate tax reform plan earlier this year he walked away from it didn't say a word about it until the debate last week.
So this guy hasn't been serious about tax reform -- entire time in office thus far.
And I wonder then -- what the appetite would be at its fiscal cliff we talked so much about -- addressing it.
Even with a short term solution let's -- you extend all the -- and delay all that.
The spending cuts part of sequestration for six months the idea being the two the two sides that will that in the new year cobbled together.
A big deal that will include tax reform.
But it's having those prisons against the president I I I don't see the -- and his art to do that.
Especially when he would find his reelection.
As a repudiation to do that.
Well below a look let's put it all the table here with the president really wants is he wants taxes to go up.
Because he thinks the government should be spending a lot more than the American -- Madonna whatever portraying now income taxes now and I'm not disparage those who -- I think I don't think I would -- Wright is no there's no interest in addressing that.
-- he doesn't care where the money comes from he just wants to make sure that the government is getting enough money to spend.
Historically tax revenues have been between eighteen and 19% of GDP that's historically the last fifty or sixty years we've collected.
This president's budget aims to have tax revenues be closer to 21% Agee -- What that means is that he wants taxes three to 400 billion dollars a year with a be higher.
Than they have historically been and he wants to keep it there.
Why does he want to keep it there because he wants government spending to be a record 23 year 24% of GDP -- Here but right it would have to be much greater than that to support the spending -- that it has.
Your group and others have alluded -- the fact that just to keep pace of that spending and paying for through taxes even -- -- never got to that point we will always on these -- out of -- we would be approaching the upper twenties in short order.
Well I mean that's exactly right if you look at his budget it only goes out for the next ten years which doesn't account for much of the effect.
Of the baby boomers retiring -- have Medicare and Medicaid and Social Security.
Exploding out of control we have to pay for obamacare.
You're gonna see government spending if that's not arrested.
Easily getting federal government spending easily over 30% of GD -- which means that it is the tax increases he's running on now are merely a down payment.
What he really needs to have a massive tax increases on the middle class that he isn't talking about.
So forget about trying to go after the 47% he's going after everybody that's listening to this program right now.
That's that's actually accurate -- Brian thank you very very much.
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