THEY
ARE
MAKING GREAT PRODUCTS AND DELIVERING SERVICES
AND NOT SCREWING OVER PEOPLE AND PAYING A LIVING WAGE AND NOT
READING THE SYSTEM, BUT STILL I WANT TO THEIR PROFITS TO GO UP
EVENTUALLY.
BUT HE WAS SAYING CORPORATIONS ARE GETTING TOO BIG.
CORPORATIONS ARE GETTING TOO BIG BECAUSE I GUESS BECAUSE THE
FINANCIAL SYSTEM IS GETTING TOO COMPLICATED, AND THEREFORE
CORPORATIONS ARE GETTING TOO BIG BECAUSE THE COMPLICATIONS OF THE
FINANCIAL SYSTEM, AND I PRESUME THE OVERREGULATION, WHICH IS A
JOKE, ARE CAUSING A DECLINE IN NEW BUSINESS STARTUPS, THE KIND
OF NEW BUSINESSES THAT WOULD EXCITE YOUNG PEOPLE.
AND THAT IS A THRILL.
YOU WOULD LIKE TO BE ABLE TO HAVE A CONVERSATION PAUSE FOR A
SECOND SO YOU COULD LET ME UNDERSTAND YOUR ARGUMENT.
CORPORATIONS ARE TOO COMPLICATED, THEY HAVE GOTTEN
TOO BIG, AND YOUNG PEOPLE NOW CAN'T GET INTO THAT, THEY CAN TO
GET INTO THE THING THAT EXCITES THEM.
THEY USED TO BE THRILLED FOR AMERICA.
NOW THEY CAN'T BE THRILLED BECAUSE THERE ARE NO STARTUPS
BECAUSE WHY, REGULATION?
LOOK, IT SOUNDS LIKE WE ARE BEING CRITICAL, AND WE ARE,
BECAUSE I THINK HE IS CONFUSED ABOUT HIS OWN POSITION.
IF HE IS SHIFTING HIS POSITION, AND I DON'T BELIEVE HE IS,
THEN I WOULD ACCEPT WHAT HE IS SAYING.
I THINK HE SHIFTED BECAUSE HE HEARD YOUNG TURKS ONLINE AND
THOUGHT HE SHOULD GIVE AN ANSWER ABOUT YOUNG PEOPLE, AND HE
STARTED TALKING.
AND GIVE HIM A BREAK.
WHEN HE SAID I AM FROM THE YOUNG TURKS -- WHO?
I KNOW IT IS
NOT GUARANTEED THAT HE HAS HEARD OF THEM, BUT I HAVE A
FEELING, AFTER ALL THIS TIME, HE FOLLOWS POLITICS EVERYDAY --
HE DOESN'T KNOW.
BUT LET'S TALK ABOUT -- ONE MORE THING BEFORE WE TURN TO THE
DETAILS OF HIS TAX PLAN, THAT I THINK ARE RELEVANT WHEN YOU
COMPARE THEM TO WHAT HE SAID THERE, I LOVE THAT APPARENTLY
JOB MAKERS HAS LOST ITS CACHET, JOB CREATORS, SO THEY HAVE
SWITCHED TO DISRUPTORS, THE CHALLENGERS.
THAT WAS THE TERM HE USED, THAT IS WHO WE NEED TO BE
HELPING OUT.
JEB BUSH SAID THAT?
THE DISRUPTORS, THE CHALLENGERS.
HE IS NOT STEVE JOBS.
NICE JOB JORDAN.
I LOVE THAT HE IS FEARLESS, HE IS TENACIOUS, HE IS GOING
TO SO MANY DIFFERENT RALLIES, LATER WE WILL TALK ABOUT
HIM FOLLOWING DONALD TRUMP.
IOWA OR NEW HAMPSHIRE?
I THINK THAT WAS NEW HAMPSHIRE.
HE WAS RECENTLY IN
MASSACHUSETTS AND VERMONT AS WELL.
WE WILL GIVE YOU A COUPLE
MORE DETAILS ABOUT WHAT HIS TAX PLAN WOULD DO, BECAUSE THERE,
JORDAN WAS IMPLYING IT WAS DESIGNED IN A WAY THAT WILL HELP
NOT THE DISRUPTORS BUT THE RICHEST PEOPLE IN THE COUNTRY.
THIS IS BASED ON A WASHINGTON POST ANALYSIS IN THE MONTHS
COMING AFTER HIS PLAN WAS ANNOUNCED, IT WOULD ADD 1.2
TRILLION TO THE DEFICIT EVEN WHEN USING A SYSTEM FAVORED BY
REPUBLICANS THAT TAKES INTO
ACCOUNT ANY POTENTIAL GROWTH FOR TAX CHANGES COULD ENCOURAGE,
ACCORDING TO THE REPUBLICAN ECONOMISTS.
SO THEY SAY THAT IT
WOULD DO THIS.
IF YOU DON'T USE THEIR PREFERENTIAL SAVINGS THAT
THEY ESTIMATE, IT WOULD ADD 3.4 TRILLION DOLLARS.
IN ANYONE'S
DEFENSE, GROWTH MATTERS.
3.4 TRILLION VERSUS 1.2.
THAT IS $2
TRILLION THAT WOULD EVAPORATE IF IT WASN'T THAT GROWTH.
3.4 IS A
LOT OF MONEY, BUT STILL FAR LOWER THAN SOME OF THE
REPUBLICAN CANDIDATE TAX PLANS, INCLUDING DONALD TRUMP.
I THINK
IT IS DONALD TRUMP, BEN CARSON AND TED CRUZ, WOULD COST OVER
$13 TRILLION.
IT IS REALLY STAGGERING, I DON'T KNOW IF IT
IS US, OR DEMOCRATIC CANDIDATES, OR DEMOCRATS IN CONGRESS, WHERE
THE PRESIDENT, OR THE MEDIA FAILED TO DRIVE THIS POINT HOME.
GOING AFTER REPUBLICANS ON THEIR DEFICIT HAWKS, THEY ALWAYS SAY
LOOK AT THE DEFICIT.
IT ACTUALLY STRINGS UNDER DEMOCRATIC
PRESIDENTS AND GROWS UNDER REPUBLICAN PRESIDENTS, AND THERE
WAS AN INTERESTING PIECE TODAY IN 538 ABOUT TO GO TO THE
UNINFORMED, AND MISINFORMED.
THERE WAS NOT MUCH EVIDENCE IN THAT PIECE IT WAS AN INTERESTING
ARGUMENT I THINK WHAT'S MISINFORMED IS MORE DANGEROUS,
UNINFORMED IS WHAT YOU THINK IT IS, DON'T KNOW.
MISINFORMED, YOU
CAN'T GIVE THEM THE INFORMATION.
CAN'T SAY TO PEOPLE THAT YOU ARE
RIGHT, WHEN YOU SAY YOU CAN'T KEEP PASSING A BILL ON TO
CHILDREN AND GRANDCHILDREN, AGREED.
SO WHAT'S NOT.
SO I HAVE
A PLAN TO REDUCE IT BUT IT WILL REQUIRE THE RICHEST PEOPLE TO
PAY MORE MONEY.
YOUR THING WON'T WORK.
[COULDN'T GET THIS PART]
THAT WOULD BARELY LEAVE 20 OR $30 BILLION.
THIS PLAN MAKES A
MOCKERY OF WHAT HE SAID THERE.
HE WOULD SEEK TO CONVINCE SEVEN
TAX BRACKETS INTO THREE --
HE
WOULD ALSO CUT THE
ALTERNATIVE MINIMUM TAX, THE
ESTATE TAX.
THE ESTATE TAX, HE'S DOING IT FOR YOU PEOPLE.
AND
FINALLY, BRING UP THIS CHART, IT WILL SHOW YOU WHERE THE GAINS GO.
IT IS BIGGER FOR THE TOP AND TO.
THANK YOU FOR JORDAN FOR DOING THAT REPORTING.
THE SUBSTANCE OF
THE ANSWERS IS JUST NOT GOOD.
TED CRUZ, MARCO RUBIO, DONALD
TRUMP, ALL BETTER IN THAT SITUATION.
I PRESUME PAUL AND
CHRISTIE ALSO, BETTER AT ANSWERING THAT I THINK EXTRA IS
BETTER AT GIVING A SUBSTANCE FREE ANSWER.