let's just start right out with phil kirk unease in economic policy analyst
now because vice president policy
over americans for prosperity that would be the uh... organization are run by
multi millionaire dick armey and funded by the cobra distasteful what the
welcome back
uh... dick armey a different group that freedom or we'd all that's pretty works
well thank you for correcting me i i make supper always ought but the correct
my units of these groups all sound so surrender white and blue but somehow
seems a mostly advocate for billionaires
uh... in and itself reports back on the if you disagree with that
characterization
well i think that that with fault but think word were standing up for basic
print wanted government support portability of economic freedom so that
everyone can critical but with their grandparent america ok well general
electric yday coca-cola verizon boeing prudential
and capital water certainly getting their dream in america
now these companies
paid a penny in taxes all of them pay their c_e_o_s
more than they paid in u_s_ taxes last year in fact twenty five the biggest
multi-billion dollar corporation sky huge checks the cheap c_e_o_'s bond
dodging on-call sam i can give you a list i'm sure you're quite familiar with
it
on the average u_s_ tax filers the average
person listening to this program is painted ditional four hundred thirty
four dollars this year in income taxes so that uh... g_e_ being coca-cola
verizon boeing provincial capital one
him pay no taxes whatsoever
tell me about american character i don't really connected to it pretty clear that
patrick and we've got a congress spend every single penny they can get there
and parliament another trillion up a borrower so i don't think that that the
track linus estella policy since reagan became president but
hiding i didn't know we're going to be
reaganomics where are you you're brought up the tractor carrot
that company not paying practically that individual they're paying more i don't
think the tuner fairly equate i've been treated me i think the f_b_i_ corrupt
special interest incorrect card up giveaway credit the rep that much of it
in the name of clean energy renewed supposedly or from the opening round out
the way the tree adapter hooked into the administration of court there's pretty
for-profit armed real bomb administration of all of their many many
connections and their special-interest uh... untenable in nineteen indulging in
the nineteen sixties during the eisenhower administration
corporations paid roughly forty percent of total
the the total cost of doing of government in the united states
twenty-some-odd percent was paid for by terrace another forty percent was paid
by the personal income tax
generally speaking
f forty percent of corporations are paying is now eleven percent flew in
nineteen sixty one he was worked because the practical mission globally envy the
whole world
has become intensely competitive in the in the intervening decade sister numbers
you mentioned
and that we're in a global environment right now and frankly our corporate tax
rate they're very uncompetitive there the hayek
in the world other than japan and uh... that one of the reasons that difficult
for company in right now i'm really really actually not raise taxes clumsy
only analysis was on the world were that were the second lowest in the world
among the o_e_c_d_ countries in taxes collected
but not in the corporate correcting corporate access that's exactly what i'm
talking about
second out second lowest and the world
in the interim mark for that particular quicker or a comment on a marginal tax
anti my taxes actually collected
you've got the wrong thirty five thousand while this was tiring writing
legislation
to carve out
i he had
all right on the floor of the house say
i stand here to speak on behalf of s_c_ johnson turns out it's is large campaign
contributions
contributor he wanted to cut their taxes specifically just down just for
companies that import that if you dare fresheners really co-op right now i
think you and i can agree that having a higher marginal rate that are
competitive but them
function all conflict people than that
it very unfair to poke you don't have that kind of act weapon that that uh...
very inefficient economics so how do we get back to the point phil
where the amount of the cost of the comments
imo the cost of of providing a public education for our workforce the cost of
providing a court system so that our businesses can use it uh... and
disproportionately seventy percent of our total court system more than seventy
percent are to a court system in united states is used by corporations
uh... darpa our prisons that enforce the the outcomes of the court systems our
police and fire so that we can protect buildings from bangles and things and
and feeds
how do we get to the back to the point
or corporations are paying forty percent because the commons
and we the people are paying forty percent like we did during the
eisenhower years rather than corporations paying eleven percent and
the rest of us pain like seventy percent of how we get back to my idol of god
i don't feel it and i caught anything you do between the people in
corporations i think the corporation for a way of organizing pete inc argued
collected no i think their way of organizing it let me finish comp
but the character builder collected by corporations confrim one of three place
to be they come from worker can afford or compensation and worker career people
or they come pick up here in the form of higher prices or they come in for
shareholder control but the real people bill in fact uh...
herbert america at work we backed by pension fund people retirement david but
i want them no matter how
impacted the corporation perry uh... or r_-rated every r_n_c_ of a company we
forgot to call the house you free i mean i think he has two fifty different
things a corporation can spend that shit you know if they got busy with a new
taxes on day at the end of the day of corporate
formed but they organized a production
for the betterment upbeat people for cop but it's not it's a way of organizing
it's a it's a way of organizing capital for the purpose of making more capital
two months sold out but a lot of the capital the shareholder share over the
country about fifty people on the potty
server and then and they're making a maximum fifteen percent that have been a
max of fifteen percent tax on the dividends in a house that kerrigan
say the capital gathered evidence factor the double pack on already packed
income before with the best advice
so so you're saying that the war in the air senator levin sitting on their butts
waiting for the dividend check to arrive from walmart the company that they're
getting started
that those that those areas those five people who have heard of the richest
people the world
the that they're paying a maximum fifteen percent income tax on on them on
the ban on them hundreds of billions and billions dollars they make
every year is charged fine thank you very much
their janitors should continue to pay up to thirty six and i think i think we can
have a uh...
we could have a discussion from sort of a date social policy perspective whether
we want to have a double pack additional air taxation
uh... i would prefer not to other thing you can get the great deferment simple
question i think there is no double taxation him amboy double taxation has
won a double taxation is when i go to a store and i buy something that the s_l_
sex
easy money that i really paid income tax on
that's the whole taxation
double taxation is when i pay and a bar property tax on my home
using dollars that i a ready spent
uh... the the the or r_d_ tax right up my income s double taxation
double taxation is not a corporation the uses police and fire services pays for
those police and fire services at saint double taxation
well i think that perry
only human beings they packed at the end of the day the crop of the court
nonsense bomber like that he had bigger workers
nonsense barrier worker doctor kirschner robert human being a crappy and repair
it
aacorporation pains it would be a good credit welfare or making a big to you're
telling me the headquarters building a general electric is made up of this was
this is a stack human beings
now but if it's not fair all this out using the comments
it or whether she redesign the aerostat building design use the fire department
it does appear without a pay cut for that particular marked that with a
return of all the kids in the bed to see it wasn't a fifteen percent well ok and
we're back live back in a circle here
uh... and and maybe in some areas were not quite as far far is the same
although i thanks suspect not most
therefore phillips always been talking with both of them powerful kirkman dot
com actually for himself once in writing was present policy americans for
prosperity thank you for
the group