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Sen. Rand Paul on Tax Reform

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    Sen. Rand Paul, (R-Texas), on the Presidential race and the need to reform the tax system.

  • Duration 5:10
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-- have some doubts about it but that does not mean Rand Paul does and approve his legions the Tea Party Kentucky Republican senator is storm.

This weekend a state where his dad is very popular big government is not senator it's always a pleasure to have you thanks for joining us.

-- -- -- New Hampshire obviously guided by where Mitt Romney naturally I want you there -- you're very popular very father certainly popular there you're you're.

Your libertarian view -- and conservative view of limited government extremely popular there.

Is that a sign that Mitt Romney is worried there.

Well you know I don't think so necessarily I think they've just asked me to go to -- replaces Ohio New Hampshire.

Nevada some of these places have some appeal to.

Libertarian minded Republicans.

And I think I can help to get the enthusiasm going -- get our base energized.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- It's still been -- you know.

That's a peachy keen on on Mitt Romney certainly not to educate not on Barack Obama I would know -- votes whereas he told you immunities.

Not aggressively supporting -- around -- what is he doing.

You know I'm not authorized to speak on his behalf I have to talk to the Thanksgiving and see what I'm allowed to say -- -- Right now he hasn't told me one way or another.

So he doesn't mind not to you would you -- -- provision doesn't -- -- to going and on the stump for Mitt Romney.

And add to the degree you had -- your support.

No -- he realizes that we're different people there are many things that I will support many causes that I would champion that he is champion for years.

But we won't always be the same.

And I consider the politics of the election to be the strategy for trying to get the best person we can to get elected.

And I think the difference between President Obama and governor Romney is stark and I do worry about 23 million people out of work -- worry about.

That businesses are terrified of this president and I think we've got to have a change in direction for the country.

And so while you know Ron Paul was my first pick I am very happy -- governor Romney and I think he will make a difference.

Do you think he is the better shot at at getting serious tax budget reform the argument war.

So.

Getting an extension senator Indian and and not all -- -- tax rates have expired spending cut since.

Is that it if you could be cobble together with a deal to -- -- reform the tax code the whole budget process Mitt Romney's a guide to do it but conversing they say.

Punting on this isn't the answer and it would hurt president elect Romney about murder come to pass -- he -- You know I'm of the opinion that rather than trying to get -- -- tax reform in one big huge package.

That'll take a year after Romney's elected.

My advice to them is break it up into pieces and it's immediately start passing something to show the American people that we will help them.

Corporate income tax many Democrats agree that we should -- lot of we just lower the corporate income tax and not -- it make it part of some 2000 page bill let's just lower the corporate income tax.

In of people -- -- that allowed to the deficit.

Let's all said it was spending cuts.

All right now what.

That the what about Dave Romney positioned when it comes to what -- lowering taxes across the board predict would for the -- That will wait and it will be revenue neutral I think is taking as I take enough credits deductions allowances way.

It's a why -- other words the ritual remaining paying 60% of the taxes as they do now.

But his big emphasis seems to be in these debates senator its revenue neutral -- that struck.

Many as a surprise there it's certainly a big tax cut.

And that now that they fear they're not going to be looking at a big tax cut might be a simpler taxes them but it won't be a big tax on any field up.

Revenue neutral tax cuts don't excite me very much I want to stimulate the private sector about leading more money in the private sector when -- campaign around Kentucky.

Or Ohio or New Hampshire I say I want more money left in the pockets of the people who earned it.

That will stimulate -- he's not doing that is not -- going to be.

Well I mean I will have my voice but that will be my voice because Bob always will be we balance it I don't wanna add to the deficit either but we balance to a spending cuts I'm also -- Any sort of -- he doesn't I didn't want to bury him but senator I'm sorry he doesn't talk much about that be -- I'm -- they needed vaguely don't know what specific little commodities have.

DBS that I know is one of the reason it -- it.

The reason -- make the point is that everybody's hassling governor Romney over.

Will your deductions add up to enough to balance about balance the tax reform -- -- revenue neutral.

My -- would be first we want more money left in the private sector so -- have to be neutral but if you wanted to balance so it doesn't add to the deficit let's cut government spending.

That should be our message because.

Whenever we've -- the economy it's what we've lowered rates for everybody.

We've got rid of some deductions -- when Reagan lowered the rate we cut the unemployment rate in half and we had several years we had growth of five and 6%.

To create twelve million jobs you can't have just revenue neutral.

I say lower taxes for everybody.

And offset it with government spending cuts there's a concept or -- sit around so.

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