and back in 2009, the national tax foundation, found that 2 out of 3 people thought that probably 20% is as much as the government should take from you including all your taxes, your federal, your state, and your local. 20%, if that was the top, that would be great for a lot of people. i think the other message, though, that if you re mitt romney and you re going up against this, you have to point out that this kind of attacks is not going to do anything to cut the deficit. i think it was going to raise $46 billion over 10 years which would be less than 1% of the deficit right now. so then the president changed the message that it would be the fair thing to do, you know, so you really have to come up if you re mitt romney with showing the details on this and now it s the growth thing so the president is on to the third example or explanation about why he feels the buffet rule should pass. by the way, the senate did not pass it on monday. right, they didn t get close. meanwhile, wha
about a few weeks ago that would be more likely to garner bipartisan support and actually get done? the problem the president is facing republicans have said no to basically everything so far. i think they will agree to certain provisions, certain tax cuts in the president s plan but it s going to be like pulling teeth for the president. when i said republicans want a lousy economy on election day, i certainly didn t want to paint with too broad a brush. it s not every republican. but undoubtedly the just say no policies of the republican party do tend to lead one to believe that a lot of republicans wouldn t mind a bad economy on election day because that is almost a sure way to get rid of president obama. there is a danger, though, with that. if this economy, which is shaky right now, takes another turn, another clear turn down ward shall the next president of the united states, if it is not barack obama, is going to have a worse situation that they inhair ilt that they
the economy lousy through election day. let me ask you, if the president is really serious about fixing this economy, wouldn t he have drafted a jobs plan he spoke about a few weeks ago that would be more likely to garner partisan support and get done. the problem the president is facing republicans have said no to basically everything so far. i think they will agree to certain provisions, certain tax cuts in the president s plan but it s going to be like pulling teeth for the president. when i said republicans want a lousy economy on election day, i certainly didn t want to paint with too broad a brush. it s not every republican. but undoubtedly the just say no policies of the republican party do tend to lead one to believe that a lot of republicans wouldn t mind a bad economy on election day because that is almost a sure way to get rid of president obama. there is a danger, though, with that. this economy, which is shaky right now, takes another current, a clear turn do
committee would be empowered to consider. and i think we could do something substantial on the tax side by november 23rdrd. it wouldn t be easy but none of this work is going to be easy. my own personal hope is that we will do something on the tax front because i think the most pro growth thing we can do would be to reform the tax code, simplify it, get rid of some of the unfair deductions and special interest loopholes and lower marginal rates so we would have a surge of investment and job creation and growth. so i m hopeful that we ll be able to take a serious look at that. i m glad you re in the super committee. interesting to see if you can meet the deadline, if you guys can come together. thanks so much for joining us, senator. thanks for having me. coming up next on the rundown, a high school teacher takes on a party leader in front of his students. say what you are, a nazi. great. the tea party president live to respond to being called a nazi and talk about a real clif