Page 9 - Middle Class Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trillion dollars. guess what, we do in one regard . we want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the buren of all of that money going to the super wealthy. >> steve: in politician school. within a month of an election done tell them you are raising taxes . >> brian: if you buried the middle class which he did. >> gretchen: entering he used the word buried. you got to wonder if paul rhine will use buried or one trillion tax coming up a week from yesterday. >> steve: mr. biden has been busy this electionn cycle. it was a month or half ago in the com...

He's not going to raise the rates, meaning he is not going to raise taxes on anyone. but he is going to lower the deduction capability at the upper levels, not the middle class, and he is saying he is -- by putting people to work with dynamic scoring, which i think is very important, and that brings in the revenue, the old fashioned way with people working. >> dynamic scoring. that's always the bane of the congressional budget office existence. senator kay bailey hutchinson republican from texas always a pleasure to talk to you in the morning. thanks for coming on. >> thank you, chuck. >> wall...

To make, a deficit to close. so what the vice president was saying is that the bush tax -- we want to continue middle class tax cuts. the republicans want to hold them hostage so we continue tax cuts for the wealthy. that is a fundamental difference. by the way with today's economic news we should continue to make progress. one thing we can do right away is pass a middle class tax cut so that, you know, 98% of the american people will have the confidence that their taxes won't go up next year. very important for consumer confidence. very important for our economy. and, you know, governor romne...

The costs and taxes in obama care. like the over regulation that is stifling small business. like the constant talk of new taxes on small business. i think he is saying we're going to stop that. we're going to stop the over regulation. we're going to stop the taxes. we're going to get this economy jump-started. we're going to open markets in trade in central and south america where we have real opportunities. but on the tax reform, i think it is important that he is pretty bold in his specifics in saying he is going to limit upper income people's ability to get all the deductions. but he is no...

Use, obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do, in one regard. we want to let that trillion-dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super wealthy. that's not a tax raise. that's called fairness where i come from. >> mike, we love him. >> okay. >> i'm just wondering, because i'm not sure, it didn't work for mondale in '84 in san francisco, but should joe biden, our dear friend, be promising a trillion-dollar tax increase? >> well, you know, the sound bite is not going to work. yes, we will r...