and it s this idea that senior citizens who decide to continue to work after age 65 and don t retire early, that they wouldn t have to pay the payroll tax after certain age, after age 60. it make a lot of sense. that whey you incense at this vise people to continue work. they are not going to spend their social security benefits past age 100 if they are lucky, so i think there are some things public policy wise that we could do that would make taxes make a lot more sense for everybody involved. lastly, hasn t the irs suffered a lot. it s hard for us to take them seriously when they are asking for our money. when they are asking federal employees to get out of paying 3.5 billion. let s pay what president obama pays. 19.1%. i ll pay that tomorrow. let s keep this in mind, more money is deducted than is
and it s this idea that senior citizens who decide to continue to work after age 65 and don t retire early, that they wouldn t have to pay the payroll tax after certain age, after age 60. it make a lot of sense. that whey you incense at this vise people to continue work. they are not going to spend their social security benefits past age 100 if they are lucky, so i think there are some things public policy wise that we could do that would make taxes make a lot more sense for everybody involved. lastly, hasn t the irs suffered a lot. it s hard for us to take them seriously when they are asking for our money. when they are asking federal employees to get out of paying 3.5 billion. let s pay what president obama pays. 19.1%. i ll pay that tomorrow. let s keep this in mind, more money is deducted than is
now we re going to bring in 19.1. the problem is we re spending more, you know, it s sort of curious that the president says, you know, his door is always open and he s willing to talk and everybody on capital hill willing to talk to the president and he s on the road show. i mean, what seems to be the problem? and what, and four days from the, you know, this deadline? you know what the biggest problem is, we don t have enough buses to move congress 150 miles to show up at the campaign rallies and he needs to start leading in this process, remember what he did. he came one this idea the sequestration of the way to cut. right? and then he tried to disown it, and then he tells you after it s passed if you pass a bill i will veto it. the house passes bills that makes the cuts in better places and the senate won t take it up. now we re four days away from it. now he thinks oh, this might be an issuen he goes and tries to create hysteria and go across the country. that s wrong. is there
now we re going to bring in 19.1. the problem is we re spending more, you know, it s sort of curious that the president says, you know, his door is always open and he s willing to talk and everybody on capital hill willing to talk to the president and he s on the road show. i mean, what seems to be the problem? and what, and four days from the, you know, this deadline? you know what the biggest problem is, we don t have enough buses to move congress 150 miles to show up at the campaign rallies and he needs to start leading in this process, remember what he did. he came one this idea the sequestration of the way to cut. right? and then he tried to disown it, and then he tells you after it s passed if you pass a bill i will veto it. the house passes bills that makes the cuts in better places and the senate won t take it up. now we re four days away from it. now he thinks oh, this might be an issuen he goes and tries to create hysteria and go across the country. that s wrong. is there
i think americans want to see us work together. he need to stop campaigning. one of the tricky things with the tax reform issue that i see is that early on in the process of trying to come in with a way to bring in more revenue republicans said we are willing to do it, we d like tow do it through tax reform,ee lame nature some of the loopholes, talk about capital gains. they raised taxes initially as part of the fiscal cliff bargain, now they are coming back for more and saying we also want what you suggested the first time around. if you read the congressional budget office latest report over the last four decade the average amount of money that the president got coming in was 17.9% of gdp. it says this president is going to get 19.1%, it s going to take from the economy, from the gdp. he already has more revenue on average than the last 40 years. his problem is spending. if you just look at the first