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Lower Tax Rates, Cut Regulation to Fix Fiscal Cliff?

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    Wayne Rogers & Co. chairman Wayne Rogers on solving the fiscal cliff.

  • Duration 3:34
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Telling you all -- -- here on now markets now that Wayne Rogers would come in and to solve the whole fiscal mess but it's we'll -- We'll see if we -- right -- -- he's here now so.

It's time what do make of all that I think that part you got right -- yeah I got a half of south pick anything yet here's.

One serious part about that and I don't know what you think of this but if you if the bunch of us got the room together -- -- -- here's the issues.

Bullets come together and -- it's been done already by a couple commissioned some samples.

Have been -- Rivlin and incorrect be solved if you wanna -- that is correct it's already been embraced by body.

Solve did you review would -- by Simpson Bowles and only have to do is embracing c'mon if they can read they can read that -- and followed that.

Senator cork from Tennessee he's done a study to he's put it altogether -- -- It -- take that -- has the book has 200 pages followed that are you okay with that -- have -- not big into raising taxes as much certainly is the president well some I don't care I mean but what's the magic of 2% for example what does the magic of 250000.

Prices in two and 88270.

-- every.

-- this is all made up stuff this is just grabbed out of the sky.

Why not one and a half percent to two and three -- -- you know he's just saying.

They're just grabbing it numbers they haven't done this in any kind of methodical -- Ian Simpson Bowles has and that's what they should -- your rom a solution that we just put on the screen there is -- -- -- -- I guess in terms say hey let's cut the rates.

I see that needs to broaden the base close some of these loopholes up and cut regulation yes so -- -- -- and simple enough it's not gonna happen now well.

Go ahead that -- -- because they're politicians they.

Can't they can't agree and why they can't agree is just idiotic to me I mean.

It seems simple that you and I have a difference about something we sit down and we work it out we trade -- that's what they Avaya for that's what they get elected to do we don't know how much does -- matter.

Do you think if we go off the quote -- quote -- front -- -- -- -- so cliched at this -- we keep saying -- so much that.

But if these automatic spending cuts and tax increases go not a good -- at the end of the not a disaster at all in the following sense it was they have before.

And before bush bush came in they had tax cuts.

We have an economy that works very well prior to that it'll work well again wouldn't it -- digit.

Money into the economy before year's and it didn't work that is to say it hasn't created job so you gotta try to do so melts a one and just idiotic.

With you where restarted the hour Monica Crowley was -- and she'd medications not the only one thing but she -- the case that the president essentially wants to go over the fiscal cliff.

That you did the things that he would get if he went over the fiscal cliff for the things that he wants anyway first among them.

Higher taxes do you believe that or do you think the president because of legacy concerns wants to get this whole things.

Now I think it's tough footing when you say -- -- with the fiscal cliff TV once again that that depth but everybody that may work I don't know but I know this the congress is not going to be happy with the that may force them to do something later raw.

But you have to have -- it some time.

Comprehend Steve.

Policies that say we've got to rein in the the entitlement programs and all of those things you've got to do it in a composite -- and Simpson Bowles does that it's a blueprint they don't have to follow what exactly but certainly rational people could sit down -- -- do that.

The -- only problem and that final senselessly rational people thought I understood it hurt for the relax and let viewers read your rational -- is all -- not told your weight rod for Obama thanks a -- and think that's a great weekend we have -- to --

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