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Reforms he made on the tax spending side. this guy is calling estes the brownback republican. that s that. in georgia, that is much more of a nationalized race. ossoff s money is disproportionately from out of state. ridiculous amount of funds, $8.3 million. he is in the mid to high 40s but is only 1% of the second choice for these candidates which means he likely has a ceiling and it s unclear if that ceiling will get up to 40%. admiral bill mccraven, who went viral after his 2014 commencement speech, joins us with his thoughts on seyria, russia, and what he calls the greatest threat to democracy in his lifetime. morning joe is back in a moment. think again. ....
Tax geeks call tax expenditures. i propose that from now on we call them tax spending. the government does a great deal of intellectual spending through the tax code. if you are taking the full mortgage deduction on over a million dollars of mortgage, you can be getting from the government in effect $50,000 or more in a year to pay for your housing. the president wants to go in to the tax spending side of our spending. do you think he could actually start to make some sense to the public in that area, which is not an easy area to follow? i m not sure. you re absolutely right. tax expenditures, tax spending is over $1 trillion a year, it costs more than social security, more than medicare and medicaid combined. it s very big. it s easier to talk about tax spending in the abstract. the minute you start talking ....
The government does a great deal of actual in effect spending through the tax code. the mortgage deduction is one that everyone s familiar with. if you are taking the full mortgage deduction on over a million dollars of mortgage, you can be getting from the government in effect $50,000 or more in a given year to pay for your housing. the president wants to go in to the tax spending side of our spending. do you think he can actually make some sense to the public in that area, which is not an easy area to follow? i m not sure. you re absolutely right. tax expenditures, tax spending is over $1 trillion a year, it costs more than social security, more than medicare and medicaid combined. it s very big. it s easier to talk about tax spending in the abstract. the minute you start talking about particular breaks, if they re corporate breaks, armies of lobbyists defending them. the mortgage interest rate, ....
I propose that from now on we call them tax spending. the government does a great deal of inetech tulle spending through the tax code. if you are taking the full mortgage deduction on over a million dollars of mortgage, you can be getting from the government in effect $50,000 or more in a year to pay for your housing. the president wants to go in to the tax spending side of our spending. do you think he could actually start to make some sense to the public in that area, which is not an easy area to follow? i m not sure. you re absolutely right. tax expenditures, tax spending is over $1 trillion a year, it costs more than social security, more than medicare and medicaid combined. it s very big. it s easier to talk about tax spending in the abstract. the minute you start talking about particular breaks, if ....