>>CHRIS STEWART IS FROM UTAH, HE WANTS TO TELL THE AMERICAN
PEOPLE, THESE TAX CUTS THAT ARE GOING TO THE RICH AND TO
CORPORATIONS, THEY ARE REALLY FOR YOU.
AS I'VE TOLD YOU
NUMEROUS TIMES, IT TURNS OUT THAT 80% OF THE TAX CUTS ARE
GOING TO THE TOP 1%.
SO HOW IS IT FOR ME?
SOUNDS LIKE IT IS
MAINLY FOR THE TOP 1%.
HE WILL BE ASKED ABOUT THAT ON MSNBC, HE
WON'T HAVE A GOOD ANSWER.
THIS WILL BE FUN.
>>IN TERMS OF SIMPLIFYING THE TAX CODE, WHAT SIMPLIFICATION,
LOOPHOLE, IS BEING CLOSED FOR CORPORATE AMERICA?
I AGREE OUR
TAX RATE IS TOO HIGH AND TOO COMPETENT, LET'S LOWER IT AND
CLOSE THE LOOPHOLES.
LOOPHOLES FOR CORPORATIONS WILL BE CLOSED?
>>THERE WILL BE DOZENS.
>>LIKE WHAT?
PLEASE TELL ME ONE?
>>WITH INTEREST INDUCTIONS, WITH EXPENSING ACCOUNTS, THERE'S
ALSO THE DEDUCTIONS.
>>JUST ONLY ONE, ONE EXAMPLE OF A LOOPHOLE BEING CLOSED.
>>I JUST DID.
>>YOU DIDN'T.
>>BUT PRIMARILY WE ARE FOCUSED ON THOSE LOOPHOLES FOR
INDIVIDUALS AND SIMPLIFYING FOR INDIVIDUALS.
>>OH, FOR INDIVIDUALS.
LET'S CLARIFY A COUPLE THINGS.
HE
LISTS A COUPLE OF LOOPHOLES BEING CLOSED NOT FOR
CORPORATIONS, BUT FOR YOU.
THEY ARE GOING TO TAKE AWAY A LOT OF
THINGS YOU USED TO DEDUCT, STATE AND LOCAL TAXES, A NUMBER OF
OTHER EXEMPTIONS.
THAT IS WHY ONE THIRD OF THE MIDDLE CLASS
WILL INSTANTLY PAY MORE IN TAXES, NOT LESS.
BY 2027, IN
OTHER WORDS 10 YEARS FROM NOW, EVERYONE MAKING UNDER $75,000
WILL PAY MORE, NOT LESS.
SO HE IS RAISING TAXES ON YOU GUYS.
BY
THE WAY I DON'T AGREE WITH HER, I DON'T THINK CORPORATE TAXES
ARE TOO HIGH, THAT IS JUST NOT TRUE.
THEIR EFFECTIVE TAX RATE
IS DOWN TO 22%, IT IS NOT AMONG THE HIGHEST IN THE WORLD IN A
SENSE, SO I THINK THERE IS A LOT OF MISCHARACTERIZATION THERE BUT
SHE IS DOING A GREAT JOB OF ASKING EVEN IF THAT WERE TRUE --
I DON'T KNOW WHETHER SHE ACTUALLY BELIEVES IT OR NOT, BUT
IN OTHER INTERVIEWS SHE SEEMS TO INDICATE THAT SHE DOES -- THAT
THE CORPORATE TAX RATE IS TOO HIGH, WE CAN LOWER IF WE TAKE
AWAY THE LOOPHOLES SO IS REVENUE NEUTRAL.
BUT WE KNOW IT ISN'T
REVENUE NEUTRAL, THIS TAX PLAN COST AT LEAST $1.5 TRILLION AND
THEY PUT THAT ONTO THE DEBT.
SO WHERE ARE THE LOOPHOLES THEY ARE
CLOSING?
SHE WILL ASK ONE MORE TIME.
>>WHY WOULDN'T WE CLOSE THE LOOPHOLES FOR CORPORATE?
THE
ARGUMENT WAS YOU HAVE TO LOWER THE TAX RATE AND GET RID OF ALL
THESE LOOPHOLES THEY GO THROUGH.
>>AND BROADEN THE BASE SO EVERYONE PAYS LOWER.
>>LOOPHOLES ARE BEING CLOSED FOR CORPORATES?
IF YOU DON'T
CLOSE THE LOOPHOLES YOU LOWER THE BASE SO THAT IN OPINION
LESS.
GIVE ME AN EXAMPLE OF ONE.
>>THAT IS OUR POINT, FOR CORPORATIONS TO PAY LESS.
THAT
IS THE POINT, THAT'S HOW YOU GET ECONOMIC GROWTH.
WE AREN'T
TRYING TO ACHIEVE HIGHER TAXES ON CORPORATE GROWTH, WE ARE
TRYING TO HAVE THEM PAY LESS.
>>YOU DIDN'T ANSWER THE QUESTION.
>>HE DID ANSWER THE QUESTION, YOU GOT HIM.
THAT'S OUT OF A FEW
GOOD MEN, YOU'RE GODDAMN RIGHT I DID.
WATCH IT AGAIN
>>THAT'S THE POINT, FOR CORPORATIONS TO PAY LESS.
>>THOSE CORPORATIONS, BECAUSE OF OUR PRIVATE FINANCING SYSTEM
OF ELECTIONS, PAY IN CAMPAIGN CONTRIBUTIONS, LOBBYING, THEY
PAY POLITICIANS AND FUNNEL THAT MONEY TO THEM, AND OFTEN AFTER
THE POLITICIANS STOP BEING IN CONGRESS THEY WILL THEN BECOME
LOBBYISTS AND GET LITERAL PAY FROM THESE SAME CORPORATIONS,
AND WHAT ARE THEY PAYING THE POLITICIANS FOR?
FOR THEIR
HEALTH?
NO, THEY ARE LOOKING FOR A RETURN ON INVESTMENT, AND THAT
INVESTMENT IN SLEAZY POLITICIANS IS A PRETTY GOOD INVESTMENT.
AND
HERE IS REPRESENTATIVE CHRIS STEWART SAYING THE ENTIRE POINT
IS TO LOWER TAXES FOR CORPORATIONS.
NOT FOR YOU GUYS.
HE FORGOT TO ADD THE LAST PART, IF YOU LOWER TAXES FOR
CORPORATIONS NOT ONLY DO WE CREATE A $1.5GUY HE FORGOT TO
ADD THE LAST PART, IF YOU LOWER TAXES FOR CORPORATIONS NOT ONLY
DO WE CREATE $1.5 TRILLION DEFICIT PROBLEMS DOWN THE ROAD,
WE ALSO HAVE ANOTHER $4.5 TRILLION THAT WE HAVE TO MOVE ON
TO OTHER PEOPLE.
SO THAT IS WHY IF YOU MAKE LESS THAN $75,000.10
YEARS FROM NOW, YOU WILL ALL GET YOUR TAXES INCREASED.
WHY?
BECAUSE THE WHOLE POINT WAS TO LOWER CORPORATE TAXES.
WHY?
YOU
DON'T DONATE TO THESE GUYS, THE CORPORATIONS DONATE TO THE TUNE
OF BILLIONS OF DOLLARS.
THEY BOUGHT THEM ALL.
SO SOMETIMES
OUR CONSERVATIVE BROTHERS AND SISTERS WILL COME OUT AND SAY
GOVERNMENT IS CORRUPT.
I COMPLETELY AGREE WITH THEM, I
THINK IT IS SYSTEMICALLY CORRUPT.
I THINK WE HAVE CREATED
THE WRONG INCENTIVES, WE ALLOW PRIVATE FINANCING, THEY WORK FOR
PRIVATE INTERESTS.
WOLF-PAC.COM TO GET THE MONEY OUT.
TO
CONSERVATIVES, LET ME ASK YOU SOMETHING -- THE POLITICIANS,
THEY ARE ALL CORRUPT AND THEY ARE ALL BOUGHT AND THEY WORK FOR
THEIR DONORS.
BUT TO CONSERVATIVE VOTERS, WHO DO YOU
THINK CORRUPTED THEM?
YES THEY ARE CORRUPT, WHO CORRUPTED THEM?
DID YOU CORRUPT THEM, IF YOU GAVE ANY POLITICIAN $27?
THEY
DON'T CARE ABOUT YOUR $27.
I THINK THERE IS ONE GUY WHO CARES
AND THAT'S WHY HE COLLECTED A LOT OF $27, BUT NO POLITICIAN,
EVEN THE BEST MEANING ONE, BERNIE SANDERS IS NOT LIKE, BOB
FROM NEBRASKA GAVE ME $27, I WILL CALL HIM AND ASK WHAT HE
WANTS, AND DELIVER FOR HIM.
NO, THEY DO THAT FOR PEOPLE WHO GIVE
THEM MILLIONS OF DOLLARS.
THEY WORK FOR THEM AND EVERYBODY
KNOWS IT.
IF YOU WANT TO KNOW WHO CORRUPTED THEM, IT'S THESE
CORPORATIONS THAT ARE ALLOWED TO GIVE NOW UNLIMITED MONEY THROUGH
DARK MONEY, INDEPENDENT EXPENDITURES, ETC., AND THAT
JUST FLAT-OUT BROUGHT ALL OF CONGRESS.
THEY BOUGHT OUR
DEMOCRACY, THEY BOUGHT OUR GOVERNMENT.
IF YOU ARE MAD AT
THE POLITICIANS, AS YOU CAN TELL, I'M RIGHT THERE WITH YOU,
BROTHER, BUT YOU SHOULD ALSO BE MET AT THE GUYS WHO BROUGHT THEM
IN THE FIRST PLACE, CORRUPTED THEM IN THE FIRST PLACE.
AND THE
ANSWER IS TO GET THE MONEY OUT OF POLITICS.
IT'S TO MAKE SURE
WE DON'T DO PRIVATE FINANCING, OTHERWISE THEY WILL ALWAYS WORK
FOR THEIR PRIVATE DONORS.
THIS SYSTEM IS INSANE.
UNFORTUNATELY
WE HAVE MADE AMERICA ARGUABLY ONE OF THE MOST CORRUPT
COUNTRIES IN THE WORLD.
WHY?
BECAUSE WE MADE BRIBERY LEGAL.
AT LEASE AND OTHER COUNTRIES YOU HAVE TO COME IN SURREPTITIOUSLY
WITH A BAG FULL OF MONEY AND YOU MIGHT GET ARRESTED AND GO TO
PRISON FOR IT.
HERE WE JUST LEGALIZED THE BRIBERY SO CHRIS
STEWART CAN COME OUT AND GO, TAKE AWAY LOOPHOLES FROM
CORPORATIONS?
NO, THE POINT IS TO GIVE YOUR MONEY TO
CORPORATIONS, WE WILL LOWER THEIR TAXES AND IT WILL FALL
YOU.
THANK YOU VERY MUCH FOR AT LEAST ADMITTING IT.
YOUNG TURKS.
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