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Reform who received a 73% cut in her taxes, her taxes are going to go back up by 73%. neil: a bad idea in your eyes? >> that does not sound like-- does not sound like a tax on the wealthy to me, it sounds like a tax on someone making $40,000 a year. neil: well look at it closely. senator, thank you again. have a good weekend. thank you, neil, have a great day. neil: to the senators point on the quid pro quo thing. constitutional lawyer, katie. does it have to be something like a financial item r...

Anybody? >> sure. one thing that obama care did is that it had younger enrollees subsidize -- the senate and house bills are rolling that back, so you have a 27-year-old in south carolina making $40,000 a year theyre going to pay there $1500 or 38% less. thats a good benefit. you also have healthy people who dont want all of this coverage. they dont take prescription drugs, they dont need mental health care, for instance, maybe they dont want maternity, so they wont have to buy these robust plan...

Were going to get rid of all these horrible regulations. were going to open up, do business, were going to have fun, create jobs, be taking jobs back from all over the world. >> you can see that this tax plan, the simple flat tax would produce 4.9 million new jobs, increase capital investment by 44% and every income group in america would see your after-tax income grow by at least 14%. so if youre a single mom making $40,000 a year, it means your after-tax income is an additional $5,600 a year. ...

10% flat tax rate on personal income. eliminate all corporate taxes. 16% business flat tax, universal savings accounts by the way and the death tax which is double and triple taxation. would that come into balance in your view and how does it get into balance and what would the percentage of growth need to be for it to be in balance? >> so it absolutely comes into balance. i would encourage your viewers if you go to our web site, tedcruise.org we have detailed numbers there. you can see this tax...

10% flat tax rate on personal income. eliminate all corporate taxes. 16% business flat tax, universal savings accounts by the way and the death tax which is double and triple taxation. would that come into balance in your view and how does it get into balance and what would the percentage of growth need to be for it to be in balance? >> so it absolutely comes into balance. i would encourage your viewers if you go to our web site, tedcruise.org we have detailed numbers there. you can see this tax...

Happens. up until now, until about 2035, this issue is because of baby boomers. from now until 2035, the number of people who will depend on social security will jump from just over 30 million that you see here to over 50 million people who will rely on social security, draw the bulk of their income from that. for about the last 20 years or so, there have been, ah, at least three people for every retiree. three people in the work force. when it gets to 2035, only two workers to support every ret...

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>> the speaker says we cant have it my way or the highway. >> taking a fight to the republicans. >> and then basically says, my way. or the highway. >> republicans are already picking it apart. >> theres no education the second kick of a mule. >> republicans saying this is dead on arrival. >> dead on arrival. >> you do understand, congressman, the average person out there whos making $40,000, $50,000, $60,000 a year, when they hear you have $400,000 left over, its not exactly a sympathetic posit...