Page 24 - Loop Holes News Today

Uncomfortable with a moment from earlier in this debate cycle when everybody said they would reject even a 10:1 ratio of cuts to new taxes. >> it was a silly format. i mean, it was an important question, and they asked us to raise our hands. i mean for heavens sake, we didnt get a chance to talk about it. i put a tax reform proposal on the table, endorsed by "the wall street journal," that goes farther than anybody elses on this stage. it calls for what absolutely needs to be done and everybody ...

You seemed to be a little bit uncomfortable with a moment from earlier in this debate cycle when everybody said they would reject even a 10:1 ratio of cuts to new taxes. >> it was a silly format. i mean, it was an important question, and they asked us to raise our hands. i mean for heavens sake, we didnt get a chance to talk about it. i put a tax reform proposal on the table, endorsed by "the wall street journal," that goes farther than anybody elses on this stage. it calls for what absolutely n...

You seemed to be a little bit uncomfortable with a moment from earlier in this debate cycle when everybody said they would reject even a 10:1 ratio of cuts to new taxes. >> it was a silly format. i mean, it was an important question, and they asked us to raise our hands. i mean for heavens sake, we didnt get a chance to talk about it. i put a tax reform proposal on the table, endorsed by "the wall street journal," that goes farther than anybody elses on this stage. it calls for what absolutely n...

Job creation going. thats what 9-9-9 does. this isnt about arguing over which set of loop holes you want to take out and put in. and if you look at a lot of the other discussion, its all about tweaking a broken tax code. 9-9-9 throws it out so we replace it with a much more effective structure. >> mr. cain, i want to ask you a little bit about what your former fellow republican candidates have been saying about the working class and poor. specifically minorities. rick santorum said on sunday tha...

Thats what 9-9-9 does. this isnt about arguing over which set of loop holes you want to take out and put in. and if you look at a lot of the other discussion, its all about tweaking a broken tax code. 9-9-9 throws it out so we replace it with a much more effective structure. >> mr. cain, i want to ask you a little bit about what your former fellow republican candidates have been saying about the working class and poor. specifically minorities. rick santorum said on sunday that black peoples live...

1% getting more taxes a at letter rate and more fairly if we eliminate loop holes. i think thats what most of them are saying. more importantly wbt pay for on these bills, we need to make sure that in fact we understand that government cannot simply collect less an be able to spend more. that has to change. thats what we are hoping to do in this bill. >> congressman darrell issa, thank you for your time. we look forward to having you on this show again. >>fully time. >> coming up, what do cracke...

I think we have a chart of them, that will give a huge tax breaks to the top 1%. i think newt gingrich has one that will give the average millionaire a tax break of $650,000 in 2015. yet theres no dialogue about sort of where that money comes from. i wonder what you make of the current field, vis-a-vis, struggles going on in the hill right now. >> i will try to be succinct in my answer. first of all, these tax proposals coming out of candidate for president, in most places where they want to low...

Coming together on what a sensible deficit reduction plan is about. and all of the polls say the exact same thing. the american people whether they are republicans, democrats, independents, conservatives, progressives, they say that when the wealthiest people are doing phenomenally well, when their effective tax rate has gone down, youve got to ask the wealthy to pay more taxes. the american people are saying, when you have these huge corporate loop holes so the companies made billions of dollar...

In 16 years and led an effort that led unemployment to drop from 5.6 to 4.2 percent and create a national majority for the first time in four years and first reelected national majority. >> cut taxes. take out the loop holes and cut the federal spending, balance the budget by 2020 by those spending cuts and pro growth policy a balanced budget amendment. >> two candidates. mitt romney and herman cain did not attend. they are actively competing in the state. they gave economic speeches in washingt...

situation room." herman cain has been flying high. a leader in the republican nomination. suddenly there are stunning allegations of sexual misconduct, threatening to potentially dramatically hurt his campaign. they date back to the 1990s, brought by two women who reportedly received a financial settlement. herm yan cane flatly denies the jl gagss. they were first reported in politico. he says the allegations are totally false but why was his campaign seemingly caught flat-fooded by ...