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seeing. you do marketing survey they said no people don't know what we want until we show them. put it out there and see if they like it. often times we fail. that's what freedom is about. take a chance, learn, do it better next time. if we accept the conventional wisdom we would still be living in caves. >> we are going to try to show them tonight. do you have more historical perspective? >> the high spending. >> they had high spending. >> evaluation of currency. >> the empire so-called silver coin was only two percent silver. that's how they devalued it. it got to the point that the roman government would not accept its own sur ren ksee in tax -- currency in taxes. it was in goods.
prosper and they did what politicians do. >> their empire kept expanding and they were bringing in more people you can bring money back to rome. in # 100 ad they hit the maximum extent of the empire. then they started resorting to other ways to raise money which was de basing their currency taking silver out of the coins raising tax rates and there was the down fall of rome where the big government destroyed romes. the bar pair bare ons came after they were collapsing under their own weight. >> the next emperor this is one of those it was 85 percent. all of the way down to>> you have got a good one 85 percent silver. it ended up becoming one five thou tho thousand sands. >> they start to debate the currency. what has been going on in this
1915 the income tax rate was 20 percent. in ten years it went from 20 percent to 70 percent. that is why i believe steve forbes had it right go to 18 percent flat tax get rid of all of the deductions and loopholes. 9 people most opposed to the flat tax. people are opposed to the flat tax are people in washington, d.c. you take the power away from washington. >> when we went into revolt in 1774, americans were paying two percent. our oppressors the brits in london were paying 20 percent. it is expensive running an e empire. we need to go back to 2 percent. i like 2 percent better than 18. >> to be clear we are at 40
Detailed text transcripts for TV channel - FOXNEWS - 20140106:03:03:00 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - FOXNEWS - 20140106:03:14:15 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.