Flat Taxer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This will create almost one million new jobs. >> laura: why change it today? >> that's a manager's amendment. he applied feedback. >> laura: it will be retroactive? >> we are looking at all sorts of things and taking feedback from colleagues. >> laura: do you think rates are too high in the united states? >> of course i do. >> laura: what should they be? >> i am an old flat taxer. >> laura: i think any individual can spend this much time working this hard and saying 46% in a certain income bracket. >> we are simplifying the tax system. 90% of americans will get to use this. getting rid of loop...

This will create almost one million new jobs. >> laura: why change it today? >> that's a manager's amendment. he applied feedback. >> laura: it will be retroactive? >> we are looking at all sorts of things and taking feedback from colleagues. >> laura: do you think rates are too high in the united states? >> of course i do. >> laura: what should they be? >> i am an old flat taxer. >> laura: i think any individual can spend this much time working this hard and saying 46% in a certain income bracket. >> we are simplifying the tax system. 90% of americans will get to use this.

Private sector jobs every month since he has been in. can you tell us how these tax cuts have produced one job from mitt romney or newt gingrich? you have your leading candidate or at least he was, can you tell us how that has created jobs for anybody? >> look, here's the issue with taxes. the tax code is not there to enforce social justice, it is to correct -- collect the money the government needs to work. i got to tell you as far as a fairness issue goes, the first year bill clinton was in office his first full year as president, he and i earned exactly the same amount of upon knee. he paid...

Are being nibbled to death by ducks. with all the tax increases coming down. i'm a flat-taxer at heart but it may never happen. the mortgage reduction is a 16th of the stimulus package. it's hundreds of billions in economic activity. many middle cla people enjoy the mortgage deduction. two-thirds, taken by 60,000 and the $200,000 income brackets. i just feel like let's just keep this one last vestige of what we can, what can protect people's income from taxation. >> david: steve, people feel like they're being nibbled to death by piranhas, not only ducks. >> why insult ducks? >> david: exactly...