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Keith Fitz-Gerald of Money Map Press argues that higher taxes on America’s highest earners won’t fix the economy.
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The -- that is the message we're hearing from Washington and some rich people or even on board where -- earlier this week we spoke to Eric show -- berg is a wealthy guy.
Who is willing to pay more taxes if everybody else does take a look.
If you want people like me to pay higher taxes okay.
People all you people -- yourself by higher taxes did you bring your checkbook today.
I don't have my checkbook -- you -- to check to the government and pay the taxes voluntarily -- -- public taxes.
-- -- not a voluntary process.
Joining us now is Keith FitzGerald of money map press -- Thank -- for the emails by the way you love that segment a lot of people wrote in a hunt the second I was lucky enough to be here Ford is as -- a member of the company.
-- but the thing about this guy the bugs Stewart in the rest of -- was he'd already made his money.
That is he he had already banked his millions -- what he was doing is forcing those people struggling to make their first million.
Putting the burden on -- Yeah it's easy to be a liberal when -- -- got a million dollars in the perhaps it's unbelievable to me the schedule.
Nobody stopping in the doesn't need union for rich people if he feels that way in Warren Buffett some of these guys the guys feel that way captured checkbook and write a check -- -- what's your work.
Do your math send it and you can take half of all the money from anybody in this country earning one dollar to ten million dollars in.
And you still wouldn't -- the budget needle by 1% well that's what actually could raise.
You know the president is always talking about math and how.
He does the math while he hasn't done the math because the most she could possibly get.
From increasing taxes on the -- is eighty billion dollars his deficit over for years been a trillion dollars -- a trillion dollars.
Every single year.
And that's because that 800 billion stimulus which was supposed to be one shot deal has become repetitive it's every year we have the sex trade -- billion.
Well you know what makes matters worse if what the president in -- evidently these people inside Washington all 535.
Of inside a certain institution that we call our congress and house.
They don't understand is -- 60%.
Of the income in private business world comes from those folks who are making over a million dollars over 200000 dollars all of whom run private businesses.
And have sole proprietorship or partnership.
They get tax that there effective personal rate people donors the -- they may feel good that they don't understand how wide this dragnet actually it's gonna her job -- -- you know above all else what Bob.
As me about this is the name.
Economic patriotism is the name that the president use and his economic plan these are called patriotic millionaires.
The idea that I can you can send -- son to war you can pay 50% of your income in taxes.
And if you don't agree with taxing the rich more -- unpatriotic.
That is -- sign.
And evidently it's insult that.
No it is it's it's it's belittling it majorities insulting the fact that those of us who pay money into the system and I don't care if you're a dollar -- -- million dollar you pay money into the system yet skin in the game.
We have huge portions this -- to pay no taxes whatsoever as far as I'm concerned have no skin in the right.
I don't care what the radiates with pay and if -- -- and entitlements fine get those back we want to help those who do not have as much that's.
I -- issue with that but the country needs to understand the taxing the rich.
Doesn't solve the mathematical dog -- we -- years of bad fiscal policy do not call me.
On -- -- -- because I think the government gets enough money as it is or too much -- is Keith FitzGerald great to see again -- thanks very much for coming in appreciate it.
Thanks there to.
