Page 9 - Tax Decrease News Today

Writes from a center left perspective, are you happy that that would be the turf the republicans are staking, or at least this one leading republican candidate is staking for the big argument of the election? >> oh, yeah. this is a tough environment for obama or any democrat to win in in event. and the republicans are just, from their perspective, fouling things up fairly well. you have someone like romney talking about this invisible boot and talking about the need to get rid of regulations and...

Will have to forgive me for a minute because im. >> going to talk out of both sides of my mouth on this issue. when you put money in peoples pockets it is a good thing. generally im in favor of any kind of tax decrease. people are bound to spend the money more eye fibbently than we do in washington. on the other hand, that money is being borrowed and there will come a time when the bill has to be paid and the rest of us have to figure out how to pay the bill. notice barney frank left this week a...

He has an optional 20% flat tax. he keeps the standard deductions. is he making it two complicated to appeal to those who like 9-9-9? >> it is more complicated than herman cains 9-9-9 for that reason. his attack is that herman cain has a new national sales tax. what rick perry is doing is proposing an enormous tax cut for people at the top. he is also ensuring that nobody gets a tax increase. there are many middle income that would get a tax decrease. nobody has their taxes go up. the deficit im...

>> we are inside the sands convention center in las vegas. seven gop contenders wrapping up their debate moments ago, the tone this time, contention, personal at times, especially between herman cain and other candidates on tax, you might have seen, talking about already. there was also the explosive encounter between a very aggressive rick perry and counter punching rick perry over illegal immigration. our panel has plenty to talk b before bring them back in i want to bring in key mom...

illegal immigration. our panel has plenty to talk b before bring them back in i want to bring in key moments about the debate, began with an all-out assault on herman cains 9-99-9 plan. we will talk to him in a moment lets take a look. >> herman, i love you, brother, but you dont need to have a big analysis to figure this thing out. go to new hampshire where they dont have a sales tax and youre fixing to give them one. theyre not interested in 9-9-9. >> herman, are you saying the state...

Republicans to try and talk america into raising taxes when he signed on august 13 of 1981 at the ranch in santa barbara the largest tax decrease in american history. megyn: the economy was in trouble. your dad takes office. he passes this huge tax reduction. but they were being phased in in over time so the relief was felt instantly. there is pressure on him to raise tax. the deficit is ballooning. he says ill raise in particular corporate taxes. im going to raise them modestly in exchange for ...

Thats only 4,500 dlrs$4,500 d.z if you go and look at what they -- how much of it they would probably spend on sales taxes for new goods, not used, used goods, they dont pay sales tax, they are still going to have money left over, chuck. so what i asked people to do. go through the math for your situation, because not all situations are the same, and for most people, theyre going to have a net-net tax decrease because weve expanded the base. >> now, how do you handle this issue with demand? by e...

What is your take away? >> i think he looks strong. there have been no gaffes, no stumbles of any significance by mitt romney in any of the debates weve had thus far. a long process, slow and steady wins this race. ive often said that he doesnt need to win the debates. he just needs to survive this whole primary process and so far he is doing that. >> he is doing that. something else getting a lot of buzz is herman cain getting attacked for his 999 plan to fix the economy. he defended it on the ...

Servant. he doesnt represent the government. he represents the beauty of-- >> and i hear double pizza expert, double cheese, peppero pepperoni. >> i got a free pizza out of that. >> i hear a guy who start add business who has right and only person in the field on the right or left, obama right idea in taxes, 999, 9% personal income tax, 9 percent capital gain tax, 9 income tax. >> what happens with the next president? the next administration? >> then the next president and the-- >> and goes in t...

Servant. he doesnt represent the government. he represents the beauty of-- >> and i hear double pizza expert, double cheese, peppero pepperoni. >> i got a free pizza out of that. >> i hear a guy who start add business who has right and only person in the field on the right or left, obama right idea in taxes, 999, 9% personal income tax, 9 percent capital gain tax, 9 income tax. >> what happens with the next president? the next administration? >> then the next president and the-- >> and goes in t...