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caller: i listened to the interview with grover norquist. asked, he he was pivoted. the debt is so terrible, creating a burden on the future. any time it is brought up they move to the side. the reality is the reagan years, jumpw the biggest initial in this trillion dollar debt. reagan, we had an increase in the. in the reagan years, it doubled. trillionsnto the during the reagan time. 43% increase in data debtg george bush's -- in during george bush's years. debt is a problem. it seems to only be a problem when it is a democratic president. ebt.blicans create more d this republican president should have more debt. the reality of cutting taxes, the government is not a bogeyman. we are the government. the government is the people. when the government has less money the people get less money than they need. they want to make the reagan years sound like prosperity. in reality, it didn't work for most people. the created more debt. host: for republicans. go ahead. caller: the only thing i would agree with with the last caller government -- i had three points of wanted to
caller: i listened to the interview with grover norquist. asked, he he was pivoted. the debt is so terrible, creating a burden on the future. any time it is brought up they move to the side. the reality is the reagan years, jumpw the biggest initial in this trillion dollar debt. reagan, we had an increase in the. in the reagan years, it doubled. trillionsnto the during the reagan time. 43% increase in data debtg george bush's -- in during george bush's years. debt is a problem. it seems to only...
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Sep 28, 2017
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host: always good to have grover norquist with us. we have a major new tax reform plan to sort through. is this a plane you were getting behind? grover: this is what president trump ran on, what the republicans have been organizing for the last two years. there aren't surprises here. this is a dramatically progrowth piece of legislation. this in addition to doing some of that that's everybody's rates and brings down the business tax rate. over the last 20 years the united states had one of the lower taxes, now we have one of the highest. the rest of the world is bringing it down and we did not keep up. we tax at 35%. is 21, 22.erage the communists in china are 25. the canadians have a lower tax than we do. an american company is more valuable if he gets purchased. just being owned by a canadian or a belgian company makes the for more valuable. $600 billion of american firms have been purchased and it is going to go more if we don't get this passed. this will reverse that flow and make the united states to invest and build in. host: a l
host: always good to have grover norquist with us. we have a major new tax reform plan to sort through. is this a plane you were getting behind? grover: this is what president trump ran on, what the republicans have been organizing for the last two years. there aren't surprises here. this is a dramatically progrowth piece of legislation. this in addition to doing some of that that's everybody's rates and brings down the business tax rate. over the last 20 years the united states had one of the...
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Sep 29, 2017
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grover norquist. good to see you. >> good. cheryl: well, president trump's pushing big tax cuts and tax reform but can he sell it like president reagan did back in the day? why not stick to tax cuts instead of doing both? steve forbes will be back with his take. david: the president facing growing pressure sure to scrap the iran nuclear deal over the coming weeks. former ambassador john bolton writing a big "wall street journal" editorial about this today. he said the deal isn't worth saving. he will join us later in the hour. cheryl: and a show of unity on lambeau field during the anthem last night but what was different here, everyone was standing. what players and owners are saying will happen this sunday. former arkansas governor mike huckabee sounded off. >> you want to protest, don't do it on your boss's time. don't do it on my time. >> i've been through much, seen too much. i'm a disabled vet actually. i took three shots for this country. i still stand for the flag. ♪ strategy the same way to create a financial plan bui
grover norquist. good to see you. >> good. cheryl: well, president trump's pushing big tax cuts and tax reform but can he sell it like president reagan did back in the day? why not stick to tax cuts instead of doing both? steve forbes will be back with his take. david: the president facing growing pressure sure to scrap the iran nuclear deal over the coming weeks. former ambassador john bolton writing a big "wall street journal" editorial about this today. he said the deal isn't...
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abby: joining us president for americans of tax reform grover norquist. i'm doing very well. those three statements were written not only before this tax plan was put forward, but those are the same statements they put out when reagan cut taxes and when bush cut taxes and they would have said the same thing when john f. kennedy cut taxes. at some point the democrats have got to acknowledge that their policy of higher taxes have slowed and hurt the economy. and we need to get tax rates down to be competitive internationally. steve: i know, grover, you spoke to the vice president yesterday in anticipation of this tax cut and tax reform bill. but you say the plan, with the administration is this is just phase one. this is going to be one tax cut. and tax reform phase. but there are going to be more during the administration. >> well, certainly. we had a tax cut every year that we had a republican president and a republican congress under bush. republican states like florida and texas and north carolina you have a tax cut every year. with trump, as long as the
abby: joining us president for americans of tax reform grover norquist. i'm doing very well. those three statements were written not only before this tax plan was put forward, but those are the same statements they put out when reagan cut taxes and when bush cut taxes and they would have said the same thing when john f. kennedy cut taxes. at some point the democrats have got to acknowledge that their policy of higher taxes have slowed and hurt the economy. and we need to get tax rates down to...
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Sep 27, 2017
09/17
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reagan's tax cuts and heavyweight democrat liberals like ted kennedy went for it and let's bring in grover norquist america's tax reform president and joins me now. grover this is harder for trump than reagan, right? what should trump do to build a bipartisan coalition? the messaging needs to get done, right grover? i mean the democrats are killing the democrat policies killing killing the middle class. >> they are, and if the democrats cared, they would stop it, but they don't. the democrat parties move significantly to the left from when ted kennedy and tip o'neill and rostenkowski were in congress. the new setup leadership is way to the left and the republicans have moved towards where reagan was. there used to be republicans to the left of reagan but most republicans are now and the democrats have gone way to the left of where ted kennedy was. >> liz: but they're lying about it and the democrats are lying about it and misleading the american people. reagan didn't have to deal with the lies that chuck schumer and nancy pelosi are saying now about tax cuts. >> well, there was a fair amount of opp
reagan's tax cuts and heavyweight democrat liberals like ted kennedy went for it and let's bring in grover norquist america's tax reform president and joins me now. grover this is harder for trump than reagan, right? what should trump do to build a bipartisan coalition? the messaging needs to get done, right grover? i mean the democrats are killing the democrat policies killing killing the middle class. >> they are, and if the democrats cared, they would stop it, but they don't. the...
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david: grover norquist, good stuff, appreciate it. melissa. melissa: hurricane irma a monster category 5 storm. it is barreling across the atlantic. we're tracking her path from the weather center as florida dechairs a state of emergency. david: meanwhile obamacare insurers facing a major deadline today, they say will cost americans big time. the latest how higher rates may go next year. melissa: and president making a controversial move ending the program protecting young immigrants who came here illegally but giving congress six months to save the program. texas attorney general ken paxton was threatening to sue the white house today, along with nine other states if the president did not end daca. what does he plan to do now? we're going to ask him. >> we are people of compassion and we are people of law. but there is nothing compassionate about the failures to enforce immigration laws. enforcing the law saves lives. rethink what's possible. rethink your allergy pills. flonase sensimist allergy relief helps block 6 key inflammatory substance
david: grover norquist, good stuff, appreciate it. melissa. melissa: hurricane irma a monster category 5 storm. it is barreling across the atlantic. we're tracking her path from the weather center as florida dechairs a state of emergency. david: meanwhile obamacare insurers facing a major deadline today, they say will cost americans big time. the latest how higher rates may go next year. melissa: and president making a controversial move ending the program protecting young immigrants who came...
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thank you. >> maria: grover norquist. at the top of the hour media buzz. >> good morning maria president trump dancing with the democrats as friends chuck and nancy getting rare positive press except from conservative pundits getting betrayed and espn boxing the situation after one of the host calls them the white supremacist and some blame the white house and that hillary tv blitz for her new book seems to be a lot of slowpitch softball coming up on mediabuzz. >> maria: we will see you in 15 minutes thank you meanwhile the president meeting with those top democrats talking immigration reform our panel will break down the potential deal over daca when we come back looking ahead on sunday morning futures back in a moment. what started as a passion to make something original... ...has grown into an enterprise. that's why i switched to the spark cash card from capital one. now, i'm earning unlimited 2% cash back on every purchase i make. everything. which adds up to thousands of dollars back every year... ...and helps keep m
thank you. >> maria: grover norquist. at the top of the hour media buzz. >> good morning maria president trump dancing with the democrats as friends chuck and nancy getting rare positive press except from conservative pundits getting betrayed and espn boxing the situation after one of the host calls them the white supremacist and some blame the white house and that hillary tv blitz for her new book seems to be a lot of slowpitch softball coming up on mediabuzz. >> maria: we...
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Sep 17, 2017
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thank you. >> maria: grover norquist.he hour media buzz. >> good morning maria president trump dancing with the democrats as friends chuck and nancy getting rare positive press except from conservative pundits getting betrayed and espn boxing the situation after one of the host calls them the white supremacist and some blame the white house and that hillary tv blitz for her new book seems to be a lot of slowpitch softball coming up on mediabuzz. >> maria: we will see you in 15 minutes thank you meanwhile the president meeting with those top democrats talking immigration reform our panel will break down the potential deal over daca when we come back looking ahead on sunday morning futures back in a moment. today, we're out here with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and w
thank you. >> maria: grover norquist.he hour media buzz. >> good morning maria president trump dancing with the democrats as friends chuck and nancy getting rare positive press except from conservative pundits getting betrayed and espn boxing the situation after one of the host calls them the white supremacist and some blame the white house and that hillary tv blitz for her new book seems to be a lot of slowpitch softball coming up on mediabuzz. >> maria: we will see you in 15...
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we will talk more about it with grover norquist. we will be right back. words,"ay night on "after a report on the mental health industry in the book "mental health incorporated: how corruption lax oversight and failed reforms endanger our most vulnerable citizens." we will also speak to the author rinks: we untold story of psychiatry." anit is often per trade as dutch portrayed as -- or trade as an alloyed good. the current health care system is such a fiasco that even having insurance -- you are saying basically that funding needs to be submission -- sufficient to provide services to the people, but needs to be good quality care, which most of it now is not. would as well as anyone know there have been discussions over the decades of various panels and over and -- organizations -- how do we have meaningful quality outcome measurements, and keep offering new methods to measure, but it is not really implemented and there is no culture of enforcement. that is why i have argued that what we all -- what we are amounts to country an amount of behavioral health
we will talk more about it with grover norquist. we will be right back. words,"ay night on "after a report on the mental health industry in the book "mental health incorporated: how corruption lax oversight and failed reforms endanger our most vulnerable citizens." we will also speak to the author rinks: we untold story of psychiatry." anit is often per trade as dutch portrayed as -- or trade as an alloyed good. the current health care system is such a fiasco that even...
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oh yeah and you know that every mafia in ralph reed and grover norquist were all part of the part of rose group in the young republicans the college republicans so they've been together a long time and all of them were involved in of funneling laundering illegally twenty million dollars of indian casino money into the state to defeat me in two thousand and two the second revelation is from a republican lawyer who was a member of the republican national committee. tommy gallion goes on air in the documentary and says that he was summoned by the republican party chairman to a meeting where it was discussed how they were going to use the department of justice to prosecute me in the middle of the election. to ensure that i wasn't elected let me argue right here ok first of all we have this sense that the department of justice is out there to protect us that they're going to do the right thing we've just come for example through a department of justice that let wall street crooks steal millions billions trillions of dollars from the american public and not one of them in the burned out of
oh yeah and you know that every mafia in ralph reed and grover norquist were all part of the part of rose group in the young republicans the college republicans so they've been together a long time and all of them were involved in of funneling laundering illegally twenty million dollars of indian casino money into the state to defeat me in two thousand and two the second revelation is from a republican lawyer who was a member of the republican national committee. tommy gallion goes on air in...
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american dream house government often kills us as it does it keeps growing and it depresses me bed grover norquist americans for tax reform has fought that tax simplification for 30 years and you have failed. is less simple than it ever was taxes are higher why are you so cheerful? >> the majority of the members of that task -- of the house we have not had a tax increase as long as the republicans controlled the house we stopped the bleeding as long as they can hold up one part of the government. obama what did trillions of higher taxes and republicans said no tax increase period we have to run a half trillion of spending restraint with 23 percent of gdp that is the federal government to stop the bleeding and it takes new leadership. john: politician say we have to get rid of this. >> is the one big victory the american people have against illicit and obamacare. but look to the states to see freedom flourish. home school was illegal and allstate's 30 years ago ted million are now being home school that is breaking into the monopoly. [applause] thirty years ago nowhere did a government have to give
american dream house government often kills us as it does it keeps growing and it depresses me bed grover norquist americans for tax reform has fought that tax simplification for 30 years and you have failed. is less simple than it ever was taxes are higher why are you so cheerful? >> the majority of the members of that task -- of the house we have not had a tax increase as long as the republicans controlled the house we stopped the bleeding as long as they can hold up one part of the...
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we're joined by grover norquist. not stuck in the traffic jam.ax reform, especially if the democrats are involved are you could --? >> it does not make sense, only reason you would want any democrat is to get to 60 votes, so you could have as large a tax cut as possible, and dramatic tax reduction in year 11-50. those tax cuts would disappear in year 11, like bush tax cuts unless they were paid for through growth, which is important. tor by making assumptions on present policy versus presence law. you can get several trillion in decade with that strategy. are 8 democrats going to walk over and help us have a larger tax cut in the future, i don't count any. i do not count 8. would one democratic the one democrat who gave us 50 votes, no. you could get after you got 51 republicans in the senate, you could have one or two democrats trying to save their back side for 2018 election saying me too. but no one will be there to make the difference, you might get 7 to agree to a big tax cut in theory, knowing you don't have 8. all those of going down lined
we're joined by grover norquist. not stuck in the traffic jam.ax reform, especially if the democrats are involved are you could --? >> it does not make sense, only reason you would want any democrat is to get to 60 votes, so you could have as large a tax cut as possible, and dramatic tax reduction in year 11-50. those tax cuts would disappear in year 11, like bush tax cuts unless they were paid for through growth, which is important. tor by making assumptions on present policy versus...
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i'm sure every person in this room knows the name grover norquist. well, grover norquist is my oldest friend in washington. i've known him since 1974. and back in the early 2000s, when they were enacting these bush tax cuts with expiration dates, i said to grover, this is a terrible tax policy. why are we doing this? and he said, don't worry. they'll never allow them to expire. they'll just extend them forever and eventually people will figure out that they're more or less permanent, and that's our plan. and i thought that was just the height of irresponsibility. and keep in mind, i was on his side in those days. >> yield back to the chair. >> thank you very much. mr. laurel, two minutes. >> thank you, very much, mr. chairman. and madam leader. just a note to my colleagues. there's a report out called corporate tax cuts boosts ceo pay, not jobs. it's a study done by the institute of politics. and it addresses the issue of lowering the tax burden, and whether or not it will lead to more and better jobs. they looked at 92 publicly held corporations, re
i'm sure every person in this room knows the name grover norquist. well, grover norquist is my oldest friend in washington. i've known him since 1974. and back in the early 2000s, when they were enacting these bush tax cuts with expiration dates, i said to grover, this is a terrible tax policy. why are we doing this? and he said, don't worry. they'll never allow them to expire. they'll just extend them forever and eventually people will figure out that they're more or less permanent, and that's...
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Sep 12, 2017
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grover norquist with americans for tax reform joins us now. good to now. good to see you grover. >> it to be with you. liz: getting the centrists and moderates on board tell us exactly what will the tax cut package look like? >> we know what it's going to looked like to the president has made it very clear in the house and senate agree. they want to take the business tack corporate income tax as close to 15 as they can. they want to take tax on subchapter x corporations people who pay their business taxes through their personal income tax also is close to 15 as possible. the debate is can you get all the way the 15 r.a. dickey get stuck at 20? is a move towards full business expensing to speed up depreciation drop the cost may be less expensive for new business investment. they are going to allow the income companies that of earned overseas to be brought back to the united states in the future welcome back tax-free. once by a once by friends and once by the united states. that would bring about $2.5 trillion back to the united states and the first year afte
grover norquist with americans for tax reform joins us now. good to now. good to see you grover. >> it to be with you. liz: getting the centrists and moderates on board tell us exactly what will the tax cut package look like? >> we know what it's going to looked like to the president has made it very clear in the house and senate agree. they want to take the business tack corporate income tax as close to 15 as they can. they want to take tax on subchapter x corporations people who...
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Sep 14, 2017
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it's your position and grover norquist's position that taxes reason anything is bad. ow you don't work for grover anymore. you're the national taxpayer's union which is not a real union just to be clear. that it's a bad idea to raise taxes on the wealthy, and we trust that the policy -- >> you're coming at me from all angles. i will reiterate what i believe is a mischaracterization of the conservative principle position for tax reform. that is not preserving the tax reform for the upper class. it's flattening out tax rates, getting rid of the obscurity that we have. house republicans have been working on for years, senator republicans have been working on it for years. this fits neatly into what the republicans and conservatives have been saying for some time, the tax code is broken and only benefits the upper elite. >> if you take down the top right now it's 39 pshs. the president said the corporate rate is 15 and i want to bring it lower than that for individuals. so definition nally, if you were to bring the top bracket from 39 to 15, people who make a loi at money
it's your position and grover norquist's position that taxes reason anything is bad. ow you don't work for grover anymore. you're the national taxpayer's union which is not a real union just to be clear. that it's a bad idea to raise taxes on the wealthy, and we trust that the policy -- >> you're coming at me from all angles. i will reiterate what i believe is a mischaracterization of the conservative principle position for tax reform. that is not preserving the tax reform for the upper...
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>> the folks i talk to that isish grover norquist, might stem the bleeding. back. 20% only will bring them that. >> grover is hard negotiator. if he had his way we're down to 10. david: you're comfortable with 25, that is what i'm hearing? >> we to figure out how we can get there. you have to be realistic about numbers you can make match. david: i would start with 15, settle for 20. 25 is too high for us. pat meehan, wish you very best of luck. it will be a tough pull. we hope you pull it through. melissa: settling for 20? i'm not settling for 20. i'm settling for 15. >>> free speech under attack. jeff sessions announced that does just department will enforce federal law on free speech, protect student's right to expression no matter where they fall on the political spectrum. these comments come after protests shut down conservative speakers at campuses, most notably at berkeley. david: about three hours left until the polls close. the alabama special election is currently underway, it is pitting the president against some of his own allies. ♪ what did we do b
>> the folks i talk to that isish grover norquist, might stem the bleeding. back. 20% only will bring them that. >> grover is hard negotiator. if he had his way we're down to 10. david: you're comfortable with 25, that is what i'm hearing? >> we to figure out how we can get there. you have to be realistic about numbers you can make match. david: i would start with 15, settle for 20. 25 is too high for us. pat meehan, wish you very best of luck. it will be a tough pull. we hope...
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. >> ron, does this show that grover norquist digit pen theory doesn't work?think he thought trump would use his digits to work the twitter machine. it is very hard to pass health care legislation without presidential leadership. hard to do tax reform without presidential leadership. while paul ryan was busy throwing mitch mcconnell tunneled bus last night, the real problem is donald trump. the weekend before graham/cassidy went down in the senate, was he lobbying senators? no. he was busy tweeting about the nfl that weekend. so he has to get in the game. he has to provide the leadership if he is going to get these things done. otherwise, it is a blame game. and ryan mcconnell can blame all he wants. >> your boss is giving to it mitch mcconnell. what is the strategy to blame the obvious lack of legislation on mcconnell? >> well, i think, one of the things that's happening is that paul is defending the house and the fact they have been doing things. and that's an important thing to do. i don't think there's much throwing mcconnell under the bus, saying they hav
. >> ron, does this show that grover norquist digit pen theory doesn't work?think he thought trump would use his digits to work the twitter machine. it is very hard to pass health care legislation without presidential leadership. hard to do tax reform without presidential leadership. while paul ryan was busy throwing mitch mcconnell tunneled bus last night, the real problem is donald trump. the weekend before graham/cassidy went down in the senate, was he lobbying senators? no. he was...
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a discussion on the republican with grover norquist, president of americans for tax reform. be sure to watch c-span's washington journal, live at 7:00 eastern thursday morning. join the discussion. the senate banking committee will the hearing on the effectiveness of sanctions and diplomacy with north korea with testimony from state department officials at michael and 30 am eastern on c-span3. , ande at c-span.org streaming on our free c-span radio app. next week, former equifax chair and ceo over to smith will testify about the hacking that exposed personal information of 143 million customers. mr. smith will testify before the house energy and commerce tuesday,, live starting at 10:00 a.m. eastern on c-span3. c-span studentcam video competition is in full swing. this is the competition and you and we are asking students to choose a provision of the u.s. constitution and create a video illustrating why it is important. our competition is open to all middle school and high school students, grades six through 12. students can work alone in a group of the three to produce a fi
a discussion on the republican with grover norquist, president of americans for tax reform. be sure to watch c-span's washington journal, live at 7:00 eastern thursday morning. join the discussion. the senate banking committee will the hearing on the effectiveness of sanctions and diplomacy with north korea with testimony from state department officials at michael and 30 am eastern on c-span3. , ande at c-span.org streaming on our free c-span radio app. next week, former equifax chair and ceo...
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. >> it is what grover norquist said. just to sign it. and, jared bernstein, it should be remembered none of the current republican congressional leadership on tax policy had any of these jobs when the bush tax cuts were going through as have them now and none of them have experience with any of this. and the president himself being the one to spot that bottom tax rate an say, what are we doing, it's by the way also the simplest thing in the bill to spot. it's not one of the more complicated ones. >> yeah. i've been astounded to hear the commentary coming out of these rookies. so, for example, today, steve munchin, treasury secretary, he didn't just say this tax cut is going to be definite neutral. not encrease the deficit. we have heard that lie already. and i guarantee you as would any other economist on both sides of the aisle not getting paid by the trump administration guarantee you the same thing, of course, the deficit is going do go up if you cut taxes this deeply. they used to say, no, it is not going to increase the deficit. tod
. >> it is what grover norquist said. just to sign it. and, jared bernstein, it should be remembered none of the current republican congressional leadership on tax policy had any of these jobs when the bush tax cuts were going through as have them now and none of them have experience with any of this. and the president himself being the one to spot that bottom tax rate an say, what are we doing, it's by the way also the simplest thing in the bill to spot. it's not one of the more...
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joining us now is grover norquist. great to have you on the show, thank you.hat do you think will be the turbocharge the economy needs as a result of this plan? are you worried we do not have a way to finance it? droppinghree things, the corporate rate from 35% to 20% makes us competitive with most of the rest of the world. 15% would have been better. but i met today with vice president pence. he reiterated, 20%, not going higher. 20%, red line on 20% for the top corporate rate. of huge increase in the after-tax cash flow for every american company. added that the for the first time since 1931, we have dramatic reduction in the tax subchapter for certain corporations. there are 30 million different small businesses that are subchapter, partnerships, sole proprietorships, they will all see a top rate not of the 40%, but of 25%. that is 30 million small businesses that can hire, invest, and have more after tax cuts. add to that that they have a full business expensing for five years. they say that is temporary to make it fit in the box. i do not believe for a se
joining us now is grover norquist. great to have you on the show, thank you.hat do you think will be the turbocharge the economy needs as a result of this plan? are you worried we do not have a way to finance it? droppinghree things, the corporate rate from 35% to 20% makes us competitive with most of the rest of the world. 15% would have been better. but i met today with vice president pence. he reiterated, 20%, not going higher. 20%, red line on 20% for the top corporate rate. of huge...
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sure everyone knows grover norquist. he is my oldest friend in washington. in the early 2000's when they were and acting bushes tax cuts with expiration dates, i said to him, why are we doing this? don't worry, they'll never allow them to expire, they will just spend them forever and eventually people will figure out that they are permanent. that is the plan. and i just thought that was the height of irresponsibility. and i was on his side in those days. >> just a note to my colleagues. --re's a report out called it is a study that stun by the institute of politics and adjust as the issue of lowering the tax burden and whether it will lead to utter jobs. they looked at 92 publicly held corporations and reported a 2015 paidween 2008 at less than 20% of their earnings in federal income tax. -1% betweenas a 2008 in 2015. it is important to get a hold of this report. ms. boucher, in your testimony you encourage policymakers to focus on the youngest children. evidence suggests a better income. the child tax credit improvement 90% -- by 90 of our democrats. -- it
sure everyone knows grover norquist. he is my oldest friend in washington. in the early 2000's when they were and acting bushes tax cuts with expiration dates, i said to him, why are we doing this? don't worry, they'll never allow them to expire, they will just spend them forever and eventually people will figure out that they are permanent. that is the plan. and i just thought that was the height of irresponsibility. and i was on his side in those days. >> just a note to my colleagues....
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Sep 27, 2017
09/17
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his name is grover norquist. americans tax reform. to play six overview.hat you make of this proposal that there might be a new higher tax bracket for top income earners? >> two things. this is a proposal going to the house and the senate. it is true that they can do anything they want. they can put 25 raids on if they want. if there's going to be some suggestion here at three, what about for. that is awfully odd in 2003. president george w. bush cut the capital gains tax cut in the dividend tax. we have strong economic growth. four years in a row because the very serious tax cut targeted towards higher income people but give us growth for everybody. i don't think trump is worse than george w. bush, but this proposal comes up with that idea the idea comes across as weak as, bad economics and a lousy, lousy politics is not a single democrat who will vote for a significant tax cut. they are not one. stuart: you're on the inside of politics. you know the republican party. from what you know about party in what you know of these three tax bracket than 20% corp
his name is grover norquist. americans tax reform. to play six overview.hat you make of this proposal that there might be a new higher tax bracket for top income earners? >> two things. this is a proposal going to the house and the senate. it is true that they can do anything they want. they can put 25 raids on if they want. if there's going to be some suggestion here at three, what about for. that is awfully odd in 2003. president george w. bush cut the capital gains tax cut in the...
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Sep 28, 2017
09/17
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host: always good to have grover norquist with us. we have a major new tax reform plan to sort through. is this a plane you were getting behind? grover: this is what president trump ran on, what the republicans have been organizing for the last two years. there aren't surprises here. this is a dramatically progrowth piece of legislation. this in addition to doing some of that that's everybody's rates and brings down the business tax rate. over the last 20 years the united states had one of the so an american company that does international work is actually more valuable. if it gets purchased by a foreign -- nothing moves. you don't have to move a victory. just being on onde by a canadian or belgian company makes the firm more valuable. that's why $600 billion of american firms have been purchased over the last 15, 20 years and it will get a lot more if we don't get this passed. this will reverse that flow and make the united states the place to invest in, build in, hire in. host: a things to hash out including the cost of this. want to
host: always good to have grover norquist with us. we have a major new tax reform plan to sort through. is this a plane you were getting behind? grover: this is what president trump ran on, what the republicans have been organizing for the last two years. there aren't surprises here. this is a dramatically progrowth piece of legislation. this in addition to doing some of that that's everybody's rates and brings down the business tax rate. over the last 20 years the united states had one of the...
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i take a page out of the book of grover norquist. remember when he got a bunch of politicians to say, to sign an agreement they would not raise taxes? i think go to corporate america, you just walk your way down the fortune 500 to start, look, corporate america, ceo's, if i give you a tax cut, will you raise the wages of your lowest, bottom 10% of your employees? i don't want to see this going to stock buybacks. i don't want to see this -- neil: how can you dictate that, right? there is no way -- >> get them to commit. yeah there is. you call them up. he is a salesperson. you say look, this is what he does. you want corporate tax cuts down to 20%, 25% is improvement if you want that i need commitment this is not going into your shareholder pocket. i need commitment i will -- neil: what would be wrong if it went into the shareholder's pocket? >> what is that? neil: what would be wrong if went into the shareholder's pocket? >> because number of people owning stocks is declining. that is not something wrong but if your goal is to help w
i take a page out of the book of grover norquist. remember when he got a bunch of politicians to say, to sign an agreement they would not raise taxes? i think go to corporate america, you just walk your way down the fortune 500 to start, look, corporate america, ceo's, if i give you a tax cut, will you raise the wages of your lowest, bottom 10% of your employees? i don't want to see this going to stock buybacks. i don't want to see this -- neil: how can you dictate that, right? there is no way...
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Sep 26, 2017
09/17
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i always think that money is treated better in the private sector and if you can, you know, grover norquist'sthere's less -- at less to spend, that the government, you know, if they have less to work with, maybe they actually will cut some spending here does it make sense to exclude the top 10% of taxpayers from any tax cuts when that's where you get 60e% of the individual revenue? why is that now in this bill is it because it's too hard to pay for the tax cuts for the corporation so you can't go -- or is it appeasing -- is it just too hard to sell in this day and age that it's another tax cut for the rich >> well, first of all, there is no bill, okay? i'm talking about what the president's team is laying out i have no idea what senate finance and house weighs and means is going to do there is no bill at present. all i'm saying is that in order to achieve the goals that they have laid out, you've got to have $4 trillion in base broadening to make this work they need to show some growth above where we are that's realistic and i think most people here do not want to increase the debt. joe, part
i always think that money is treated better in the private sector and if you can, you know, grover norquist'sthere's less -- at less to spend, that the government, you know, if they have less to work with, maybe they actually will cut some spending here does it make sense to exclude the top 10% of taxpayers from any tax cuts when that's where you get 60e% of the individual revenue? why is that now in this bill is it because it's too hard to pay for the tax cuts for the corporation so you can't...