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Schwab: I'm Ok With Paying Higher Taxes If It Helps Economy
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Charles Schwab chairman Charles Schwab explains why Mitt Romney will turn the economy around.
- Duration 2:29
- Date Oct 16, 2012
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Charles Schwab chairman Charles Schwab explains why Mitt Romney will turn the economy around.
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In the -- done.
Back to our guests and their thoughts on what's at stake.
Charles Schwab the money Bogle the man -- -- the huge financial concern known as -- -- company big mutual fund that the personal investing.
Average investor saying how he is -- -- Romney because he things.
Well you exhibit Robin we'll turn things around.
Tax cuts are part of the reason but -- goes about them.
Part of the reason because they're not gonna be a drain on the treasury things in the end the governor's right they are gonna be revenue neutral I answer to explain that.
Here's that we did.
I think.
The more successful people of our society will probably place.
Slightly more in the way of taxes I think it's just fine I think -- 100 slightly more success of people would -- more.
We'll we'll be happy to pay some more in the way of taxes.
In my case abducted -- Romney -- very carefully and yes so be reduction on the tax rate but don't.
Certainly take away.
Paul is so you Charles Schwab will end up paying more under Romney I probably wouldn't -- -- -- -- gave -- I'm.
It's perfectly fine if we can get this country turned around and get back to where.
Innovation counts were.
-- counts.
-- success counts as good things not as negative things.
Finally.
While looking in -- the administration at the next.
Treasury Secretary or Federal Reserve Chairman fellow can be very thank you for the compliment but that's about not good about.
-- one of those jobs entice him.
Things -- very confident younger men and they can take that roll over and probably do very good job I'd like to maybe.
-- -- -- -- Sure but it invites.
-- that at this issue though about -- the national through savings for seniors is really important issue to me and that's.
Really one of the key reasons -- really supported the Romney Ryan -- -- because I think they will get the economy moving.
You hear Ben Bernanke talking about until employment gets.
Less.
Increase employment reduce unemployment that rates won't go up and that's that's this.
The secret sauce that needs to happen and that's what is not happening with the present administration.
All right Charles Schwab and and that they argue could have a prominent role and Robbie administration if one were to come they have treasuries -- some -- even that is the possible Federal Reserve Chairman -- exceed both.
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