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Cato Institute Senior Fellow Dan Mitchell and Americans for Tax Reform’s Mattie Duppler on the fiscal cliff negotiations.
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I don't obstacles.
Here -- and I get this next one to you -- -- -- what Boehner said about raising taxes because frankly I think he was referencing your boss listen to this.
-- of the perception.
Created that that that vote last night was going to increase taxes.
-- I disagree with that what that.
Characterization of the bill but that -- -- impression was out there.
Now we -- a number of our members.
Who just really didn't want.
To be perceived as having to raise taxes that was the real issue.
Well and -- I think he in some -- you talk about Grover.
Grover Norquist who -- your organization very outspent in the man -- Who -- -- this tax pledge that he had Republicans sign on to not to raise taxes there's this picture like there.
How do we get past this.
The prelude to raise taxes republic especially Tea Party -- don't they've sign pledges not to do it where is the common ground there.
All the reason that we have plan B that -- plans -- plan B now is because the house is already voted to pass.
All of the that bills that way to extend all the tax rates for Americans back in July they pass legislation that would extend all these rates so that -- -- -- -- -- -- -- -- we know that's a no go where is the common ground how can you have common ground.
When the president wants to raise taxes and many in the Republican Party do not want -- How do you -- you know -- there.
But what that's -- the speaker was trying to do here is trying to come -- table to at least keep taxes that the rates they are now for as many Americans as possible.
As you aside the president and we've had the house now reject that plan so where we go from here as we need Republicans who are serious about cutting the size of government.
Looking at their options and deciding that they're going to do something to -- -- all for it.
But sandy not going forward Republicans seem to have a serious conversation with -- solved as to what they think the plan is not because laughter -- new year with all these taxpayer is going to fact we've got a couple other battles that are very important -- -- the debt ceiling coming up.
You've got funding for the government that's going to expire figure out why I think the president really cares about Republicans -- use their leverage in those battles and make sure that they're making the right lives there.
Well you know it's interesting Grover came out for banners planned to raise taxes only on people making a million dollars or more.
And he was not followed by the Tea Party so Allison and well I think did you get here.
Right right let's move on now because -- do you wanna talk about.
All -- hot -- Washington.
Nancy Pelosi who can be counted on for saying something that's incendiary was added again today here's if people -- -- -- Terry we don't have -- -- -- read it GO.
She -- Republicans are like a reverse Robin Hood taking food out of amounts of baby -- and seniors to get tack of tax cuts for the well say.
Dan what do you say that.
Well first she is obviously not a literary genius -- as if you read the Robin Hood story Robin.
Was taking money back from the tax collectors and returning it to the people.
And so he was a Tea Party -- What 700 years before the Tea Party even exist input output.
Polo season not relevant you know of the the only -- say about Paris as she got Obama -- -- and we're seeing how well that turned out.
This is ultimately a fight between Boehner.
And Obama what the breed of course being a water carrier for Obama and Boehner to be fair and I don't like some good things he's done but to be fair.
There's a big automatic tax increase that happens January 1 -- and -- terrorist trying to.
Stop it from happening to minimize what would have been for -- lower the amount -- -- have a point challenging position.
Manny I want you talked about the look I don't think all Americans quite have their arms around what we're facing here what -- be the real world.
Change for most Americans when these new taxes go into effect.
Well there's you know there's a lot that we're not even talking about we're focusing a lot on these rate hike that are coming down the pipe but you've got the AMT coming into back that's gonna start hitting 31 million families right now -- really only -- for.
I you're also looking at something that hasn't really got a lot of attention -- -- -- slew of Obama -- tax hikes that are hitting on January 1 you've got a larger tax on investment coming on the -- A lot of other surtax is that are going to hit Americans when they can least afford it so if you look at the rate -- -- one of the problems of the fiscal clap.
Got fully right that that's going to affect American families and -- -- ads but there's a lot of other tax increases that are really going to hit the economy hard.
I and we need to be it means he talked about what -- of went -- And it looks like we're gonna be in a recession if it does -- -- you know last night we reported Fox News reported that a Republican freshman named.
Mike Kelly yelled into a microphone.
And an emergency meeting on plan B last -- he said really.
We can't support our speaker.
What's going on here so.
The big question now I think is -- John Boehner keep his job on January 3 the house will reconsider.
-- the speaker should be do you think they'll make a change.
I don't think there's a an alternative as of right now and I say that as someone who thinks John Boehner -- big mistake wasn't planned -- As big mistake was going after some of the conservatives and stripping them from their committee assignments and that was a signal that he was sort of siding.
With the establishment crowd in Washington a lot of people like me can forget -- are.
For playing the cards the very poor cards he's an adult on the fiscal -- he doesn't really have a winning strategy because one doesn't exist.
But it punished the conservatives.
Who are trying to fight that I think got a lot of people upset -- -- I think he'll still be there at the end of the day because.
Right now it's there's just no.
Big name out there willing to challenge -- we'll have to.
Wait and see but it's an interesting question -- seems like anybody who has that job is really hurting cats because everybody's all over the place and it's so hard to get them together.
Given daddy thanks for coming on tonight we really appreciate it hope you have a happy holiday in a Merry Christmas thank you so much -- -- -- begins -- Thank you well.
