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Road and that is why as much as anything else this election in november is so critical. >> mike: the president talked about the need to raise taxes. he has never really settled on a figure. how much do we need to raise. what is the percentage. how does -- how high does it need to be in order to be fair. let's talk about that because you will be faced in the united states senate with questions about should we raise taxes. are the rich americans paying their fair share? if they are, great. if not, how much should they be paying. >> i always felt that is the wrong way to examine it it. two choice...

Wrong way to examine it it. two choices. either create new taxes oar work on creating new taxpayers. more people working and more people paying taxes. the people working making more money which means they will pay more on hopefully that will be a flat tax rate. that is what we should be aiming at. instead the president is saying let's raise taxes on people that create middle class jobs. why would we discourage people from investing in america's economy? without access to money you can't start and grow a business and that creates middle class jobs. goes back to a failed ideology that the presid...