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A Flat Tax The Solution to Fiscal Cliff?

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    Former Rep. Dick Armey, (R-Texas), on efforts to avoid the fiscal cliff.

  • Duration 3:43
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That's and so to be speaker Boehner right now you've got a lot of Republicans running good tail between their legs here.

Humble on the election now feeling that they're on defense on.

Is is like taxes immigration reform signed tonight dictating -- -- -- that certainly Tea Party is held near and dear little more than.

Weeks ago former Republican House majority leader.

Dick Armey of big -- Freedom marks the chairman.

-- how do you feel about that for want of a better term dressing down of the part of speaker Boehner.

Two Republican troops Tea Party is included many of whom -- there -- sent.

The capital two years ago made in the speaker.

Well first of all let me just -- of John -- like -- brother and I don't envy him a position Asia.

But I'm also reminded of what Ronald Reagan -- -- years ago.

Good policy makes good politics John Boehner needs to be emphasize.

Economic growth is a way to get increased revenue.

And there's two ways to you two imperatives for economic growth you -- dressed down re do's and discipline.

Or government run -- so that there's confidence to grow and a private sector.

And and you gotta have a tax.

System that -- agro let me just -- -- If you're gonna address attacks of the system of this country.

From the point of view of what's fair you've taken the most simple minded way to address taxes taxes are about raising -- that's there.

Necessary revenue to fund the minimum effective government that does not interfere with the growth of the private sector.

And to do so in such a way as to.

Encouraged the maximum growth in the private sector that's where you get maximum reverend.

But here we are at this cliff possibility and so Republicans are an enormous pressure because the president has said.

As a as a not a budge on this now he's left opens of the details but he certainly wants -- raise taxes on the rich I guess they -- decide whether it's going to be done by.

Resurrecting the old top rate of 39 point six present.

Or closing no loopholes that sort of thing.

How would you feel.

If if they did the latter in other words they close loopholes credit special breaks allowances.

And that's how they got at least -- the cliffs.

I had of what would presumably be -- the promise -- to reform the tax go next to him.

Well remember -- -- have -- -- flat -- back in 1994.

-- that that is that correct answer.

But -- the problem is you start doing a piece -- on -- thing.

You really rather have a difficult time getting in right it's no policy for the -- -- the whole hall.

Do the flat tax totally reform.

Advocate that within the context of growing in the private sector.

If you are right -- every hour and I think you should talk to your colleagues -- say you know man up because they're they're they're folding like.

Like nobody's business.

-- this is -- three hours have what I used all the bad Reuters doctors.

And a bit of bad news causes them as target my -- rallies.

And they go to the speaker and I understand the pressure he's under there also him please mr.

Custer I don't wanna go get us off the hawk.

Make a deal never mind all of those -- -- the speaker has got to understand.

Where he sits down and negotiates assuming the president will in fact show up and negotiate from -- -- or have you.

His bottom line is do I have about our votes to pass a.

Well I don't know that this valuable it's -- exactly right but.

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