I'VE BEEN SAYING ALL ALONG THAT THE ONE THING I GUARANTEE
REPUBLICANS WILL DO, AND EVEN DONALD TRUMP IN HIS
INCOMPETENCE, WILL GET DONE IS TAX CUTS FOR THE RICH.
>> ONE LAST REVIEW GUYS AND IT INVOLVES THE DEMOCRATS.
SO I
HAVE BEEN SAYING ALL ALONG THAT I GUARANTEE THE REPUBLICANS WILL
DO ñ GIANT TAX CUTS FOR THE RICH.
THEY DON'T SAY IT'S GOING
TO BE TOUGH CUTS FOR THE RICH.
WHEN YOU WERE THE
PROPOSALS YOU'LL SEE IT AS.BUT IN ORDER TO MAKE IT SOUND BETTER
THEY CALL IT TAX REFORM.
HAVE THEY EVER REFORM TAXES AND MOVE
THEM UP?
NO.
TAX REFORM MEANS WE MOVE THEM DOWN FOR THE RICH AND
DOWN FOR CORPORATIONS.
SOMETIMES THEY WILL THROW A SMALL TAX CUT
FOR THE MIDDLE CLASS.
BUT TAX REFORM DOES NOT MEAN INCREASES,
IT DEFINITELY MEANS CUTS.
WE HAVE ALREADY SEEN THE PROPOSALS.
WHAT ARE DEMOCRATS GOING TO DO?
THEY ARE BRAGGING ABOUT
HEALTHCARE.
THE REPUBLICAN PROPOSAL IS HOLDING AT 17%.
BUT
GIVE THEM CREDIT, THEY DID HOLD.
ARE THEY GOING TO CONTINUE TO
RESIST ON TAX CUTS?
LOOKS LIKE NO.
I TOLD YOU.
LET'S GO TO
REUTERS
FOR THE STORY.
LAUGH ALONG WITH ME.
WHICH REPUBLICAN
TAX PROPOSAL DOESN'T CUT TAXES FOR THE RICH?
THIS IS A
PREPOSTEROUS STATEMENT.
I HOPE THE REPUBLICAN COVER-UP.
OKAY,
CONTINUE.
NO ONE IN THEIR RIGHT MIND BELIEVES THAT.
REALLY CHUCK
SCHUMER?
NO TAX CUTS FOR THE RICH?
THAT IS WHAT THE
REPUBLICAN PROPOSAL IS?
HELPING TAX REFORM IS TO HELP THEIR
COVER-UP.
WE KNOW IT IS TRILLIONS OF DOLLARS OF TAX CUTS
FOR THE RICH.
WHAT IS THE BIPARTISAN PART OF THAT?
OKAY,
US SENATE DEMOCRATS IN THE LETTER SAID THIS.
OKAY, THEY ARE
NOT
GOING TO FIGHT HIM.
IT GETS WORSE.
THEY ARE SAYING I WON'T
EVEN SIGN A LETTER SAYING I WANT TO BE REVENUE NEUTRAL.
THOSE
THREE ARE SAYING I AGREE WITH REPUBLICANS, I DON'T MIND IF
THERE ARE TAX CUTS FOR THE RICH.
OF COURSE THEY ARE GOING TO PASS
IT.
IT IS INCREDIBLE NAœVET…
TO UNDERSTAND THIS IS THE ONE THING
THAT DONORS WANT.
THERE IS NO WAY THEY DON'T GET WHAT THEY
WANT ON THIS ISSUE.
THIS IS WHY I ALWAYS TELL YOU AHEAD OF TIME.
IT IS NOT MONDAY MORNING QUARTERBACKING.
I TOLD YOU FROM
DAY ONE, SOME DEMOCRATS WILL HELP THEM AND WILL SIGN IT.
EVEN
DEMOCRATS SAY WE NEED TAX REFORM BECAUSE CORPORATE TAXES ARE SO
HIGH.
THAT IS GROSSLY MISLEADING.
LET ME SHOW YOU ñ
THE REALITY IS THEY DON'T PAY ñ LET ME SKIP TO GRAPHIC 12.
THIS
IS QUOTING A REPORT IN THE NEW YORK TIMES.
IN OTHER WORDS THEY
ARE NOT PAYING 35%, IT IS A LIE.
THEY ARE PAYING ABOUT HALF OF
WHAT THEY CLAIM THEY ARE PAYING.
SOME DEMOCRATS SAY THIS IS WHY
WE ARE GOING TO REFORM, WERE GOING TO TAKE AWAY THE LOOPHOLES
SO IT'LL BE A REAL 20 OR 25%.
KNOW YOU'RE NOT.
YOU'RE GOING TO
KEEP MOST OF THE LOOPHOLES.
THEN YOU WILL CHEAT ON THE 20 OR 25%
AND BRING IT WAY DOWN.
THIS IS ALL A GIANT SCAM.
WHO IS PAYING
MORE?
THIS IS ALL ABOUT WEALTH REDISTRIBUTION.
THEY
REDISTRIBUTE THE WEALTH TO THE TOP.
BACK IN 1952 HERE IS WHAT
TAXES LOOKED LIKE.
CORPORATIONS PAID 32.1% OF ALL THE TAXES?
IN
2015, THEY REDISTRIBUTED THE WEALTH TO THEM AND MOVE TAXES TO
YOU.
IF YOU THINK TAXES ARE HIGH IT'S BECAUSE THEY ARE, ON YOU.
THAT IS THE MOST REGRESSIVE TAX WE HAVE HAD.
CORPORATIONS NOW
PAY LESS THAN 11%.
THEY ARE NOT TAXING AT A HISTORICALLY HIGH
RATE, THEY ARE TAXED AT A LOW RATE IN REALITY.
FOR DEMOCRATS
TO HELP REPUBLICANS WITH THAT NONSENSE TALKING POINT IS ONLY
BECAUSE THEY WANT TO HELP THEIR DONORS.
THERE IS NO
JUSTIFICATION FOR IT.
YOU CAN SAY CORPORATE DEMOCRATS ALWAYS
TELL ME CENK, YOU HAVE TO BE PRACTICAL.
SOMETIMES YOU JUST
HAVE TO TAKE REFORM A LITTLE BIT AT A TIME.
FIRST OF ALL THIS IS
NOT MOVING THE BALL IN OUR DIRECTION SO WHY DO I HAVE TO
MOVE THE BALL IN THE WRONG DIRECTION A LITTLE BIT AT A
TIME?
DID YOU EVER LOOK AT THE POLLING OR ARE YOU JUST LYING TO
HELP YOUR DONORS?
WHAT ABOUT CORPORATIONS?
THOSE POOR
CORPORATIONS, THEY TELL US THEY PAID TOO MUCH TAXES. 67% SAY
CORPORATIONS PAID TOO LITTLE IN TAXES.
IT HELPS REPUBLICANS IN
CUTTING TAXES ON CORPORATIONS.
IF YOU CARED ABOUT WINNING
ELECTIONS IT IS A DISASTROUS IDEA.
BUT THEY CARE MORE ABOUT
MAKING SURE THEIR DONORS ARE HAPPY.
ANY WELL-MEANING
PROGRESSIVE WHO SIGNED THAT LETTER TRYING TO MAKE SURE THEY
DON'T GIVE TAX CUTS TO THE RICH ñ GET OUT, IT IS A TRICK AND A
TRAP.
THIS IS THE CORPORATE DEMOCRATS EFFORTS TO HELP
REPUBLICANS ACTUALLY PASS TAX CUTS.
GET YOUR NAME OFF THAT
LETTER IMMEDIATELY.
THEY ARE GOING TO DO IT, AND DEMOCRATS
WILL HELP.
MAYBE I AM WRONG?
THIS IS A FAIRLY LARGE
PROGRESSIVE AUDIENCE, AND MAYBE YOU GUYS DON'T AGREE.
SO I WILL
ASK IT ñ IN THE MOST REPUBLICAN FRIENDLY WAY, IN THE SPIRIT OF
BIPARTISANSHIP SHOULD DEMOCRATS WORK WITH REPUBLICANS ON TAX
REFORM?
SO I'M CURIOUS WHAT YOU WILL SAY?
ANYWAY I LOOK FORWARD
TO YOUR RESPONSE, TYTNETWORK.COM/TAXES.
MY GUESS
IS THAT YOU ARE WATCHING ONLINE YOU REALIZE EXACTLY WHAT THIS
GAME IS, RESIST.
REALLY?
IF THIS IS YOUR IDEA OF RESISTANCE, NO
THANK YOU.
IF THIS IS YOUR IDEA OF PARTY UNITY, NO THANK YOU.
I
WILL FIGHT THIS SO-CALLED TAX REFORM TO THE VERY END AND YOU
ALL SHOULD AS WELL BECAUSE THIS IS THE GREATEST AMERICAN ROBBERY
YOU WILL EVER SEE.