Tax Code Inflation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation and index tax code inflation and i think that this can and i believe it will work and secondly we can never deal with the deficit with a weak economy. if we are going to have a european economy, we are going to have european debt and we are going to have european taxes and also, remember, obama raised taxes on high-income individuals, he was going to get 690 billion of taxes, well, what happened? what happened was we ended up with slow growth and so we lost $3.2 trillion in revenues. paul: and with faster grow to 2% to 3% we will get a lot more of that back. thank you, senator for be...

Effect on distribution of the tax burden, it ought to be preobama and not post obama or do we have to enshrine what obama did in the tax code, i don't think so. paul: i'm with you on that one, senator and just about everything else but i want to ask you about the deficit charge because a lot of people are saying, hey, this is going to increase the deficit, there's no plan right now in the details to pay for that, finance the rate cuts, you're a spending hawk, been a deficit hawk, what do you make of that charge? >> well, first of all, well in the hell were the people when obama doubled the deb...