Aei Study News Today

this before they head to the august recess on friday. im john roberts in washington. this is "america reports," a slimmed down version of build back better estimated, listen to this, to raise taxes on millions of americans across every income bracket, including, yes, those making under $400,000 a year. this despite president biden repeatedly claiming that it would do no such thing. >> one thing we are trying to get done in congress, pass legislation that wont raise taxes a single penny...

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97% of the small business in america pay -- make less than $250,000. let me tell you who some of the other small businesses are, hedge funds that make $6-says $800 million a year. they are pass-through. lets look at how sincere they are. governor romney on "60 minutes" about 10 days ago, was asked, governor, you pay 14% on $20 million, someone making $50,000 paid more than that. do you think thats fair? he said, oh, yes, thats fair. thats fair. they are going to talk -- you think they are going ...

Number 2, 97% of the small businesses of america pay less than -- make less than $250,000. let me tell you about the other small business, hedge funds that make $6- $800 million, they count those as small businesses because they are pass-through. lets look at how sincere they are. governor romney, on "60 minutes" about 10 days ago was asked, governor, you pay 14% on $20 million, someone making $50,000 paid more than that, do you think thats fair? he said, yes, thats fair. thats fair. you think t...

Notice that both the republican and democratic lines score quite high. lets take a look. >> there is not enough -- the reason why the aei study, american intersurprises two study, tax policy center study, the reason they all say its going to -- taxes are going to go up on the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle class people, cut the health care deduction, middle class people. take away their ability to get a tax break to send ...

Let me tell you who some of those other small businesses are. hedge funds. that make $600 million, $800 million a year. thats what they count as small business because theyre pass-through. look at how sincere their are. ronald -- excuse me, governor romney on "60 minutes" ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 pays more than that. do you think thats fair? he said, oh, yes, thats fair. thats fair. and theyre going to talk -- you think these guys are g...

Number 2, 97% of the small businesses of america pay less than -- make less than $250,000. let me tell you about the other small business, hedge funds that make $6- $800 million, they count those as small businesses because they are pass-through. lets look at how sincere they are. governor romney, on "60 minutes" about 10 days ago was asked, governor, you pay 14% on $20 million, someone making $50,000 paid more than that, do you think thats fair? he said, yes, thats fair. thats fair. you think t...