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

Privilege. they are the supreme court. i am curious, is this a tax or not? >> absolutely it's a tax. it's nearly a trillion dollars worth of tax via levies, fines, tariffs, whatever anybody wants to call them. this is a penalty and it is a tax on the people. it is a tax on states. itit is a raiding of medicaid funds which will result in states having to find other funds to supplement their medicaid budgets. overall this is about a trillion dollars more tax put on the american people. do people think, greta, that there really is anything such as a free lunch? there is no such thing as a free lu...

Privilege. they are the supreme court. i am curious, is this a tax or not? >> absolutely it's a tax. it's nearly a trillion dollars worth of tax via levies, fines, tariffs, whatever anybody wants to call them. this is a penalty and it is a tax on the people. it is a tax on states. itit is a raiding of medicaid funds which will result in states having to find other funds to supplement their medicaid budgets. overall this is about a trillion dollars more tax put on the american people. do people think, greta, that there really is anything such as a free lunch? there is no such thing as a free lu...

But these do require a lot of money to make. they require risk. there has to be incentive for the risk. we will have a shortage of machines. say there is a tax put in to be passed on to the hospitals that are then not able to afford to buy cat scan or mri. the doctors will be forced to use it. patients will hear about it and a lot is i'll issues if they use another stent, which may be acceptable but not the fancy one and the patient has a complication, they get sued. right now there are no clear-cut guidelines. we need doctors to get together and make clear-cut guidelines. that's better than i...

Other countries and groups of countries that were put together in order to take advantage of the united states. we don't want that to happen. we're not going to let that happen. it's probably one of the reasons i was elected, maybe one of the main reasons. >> so let's go to jim tinkersley, tax and economics reporter for "new york times." to be precise, we saw the president today talking about how he's going to, you know, slap these tariffs in the ballpark of $50 billion on chinese imports but what i want to know is for people watching, why do they care? how does this impact everyday americans?...