Page 2 - Tax Cold News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Middle class so they would get a tax cut, too. in the end, that's what's going to happen. one big question is whether the republicans will try to rewrite the whole 60,000-page irs tax code. i'd love to see that happen. but i don't think there's a lot of time to do it or a consensus -- >> wasn't the president himself one that said he wanted to see an entire rewriting of the tax code? >> sorry, say it again. >> was it the president who wanted to see the tax cold rewritten. >> he's talked about -- >> overhauled. >> well, he's said that he wants to get rid of loopholes and bring rates down. i'm ju...

Agenda is, let's face it, taking things away in the sense of eliminating obamacare or, you know, overhauling the tax cold. it's a much more complicated operation by its nature. that little sound bite you showed of tom cotton versus paul ryan demonstrated that this border adjustment tax plan for corporate taxation that's been germinating in the house was always going to be a heavy lift in the senate. there was always a lot of pushback -- chris: and it's the idea that you're going to tax imports coming into the country, you're not going to tax exports and thereby supposedly you're going to creat...

And what the trump and gop agenda is, let's face it, taking things away in the sense of eliminating obamacare or, you know, overhauling the tax cold. it's a much more complicated operation by its nature. that little sound bite you showed of tom cotton versus paul ryan demonstrated that this border adjustment tax plan for corporate taxation that's been germinating in the house was always going to be a heavy lift in the senate. there was always a lot of pushback -- chris: and it's the idea that you're going to tax imports coming into the country, you're not going to tax exports and thereby suppo...

And what the trump and gop agenda is, let's face it, taking things away in the sense of eliminating obamacare or, you know, overhauling the tax cold. it's a much more complicated operation by its nature. that little sound bite you showed of tom cotton versus paul ryan demonstrated that this border adjustment tax plan for corporate taxation that's been germinating in the house was always going to be a heavy lift in the senate. there was always a lot of pushback -- chris: and it's the idea that you're going to tax imports coming into the country, you're not going to tax exports and thereby suppo...

Cut a trillion dollars. not so. it's all postponed to 2013. governor romney has said we're going to do things with the tax cold, cut everyone's taxes and get more money. not clear how that's going to happen. i hope in the coming debates the people who are the moderators, who are very smart and policy savvy won't let them just give an answer and -- you have to follow up and say, now wait a minute, that doesn't square. how are you going to do this? what is the expectation the public can have? i mean, this is most interesting. if you think about who is going to become president. they are going to...