differently than president obama has? one of the things that were said was not only would they temporarily leave the bush tax cuts in line for now, they do not want to take them away. they want to go to a more sleeping tax reform. that means that he want to cut taxes more for the rich. they believe more of a trickle down approach, if you will. so that will be the defining issuings. how do you reform the tax code? look, we have an incumbent pthd. the democrats are going to try to make this about romney and ryan. they re going to say they want to favor the rich and cut medicare. we do have an incumbent president of the united states. the history tells you ask the voters anywhere around 2 world. when you have an incumbent and the times are tough, issue number one is the encouple bantd. so that s the biggest i shall shoe. that s a very con ttroversial choice. if we can have a policy debate, maybe whoever wins will actually have a mandate to govern? yeah, even for bid an actua
economy differently than president obama has. well, one of the things they have said, and one of the things that will be a deciding issue right now is they will say not only will they temporarily leave the bush tax cuts in place for now, i say temporarily because they do not want the take them away. the president has said you need to take them away for anybody who make morse than $250,000 a year. but the republicans have said they want to go to a more sweeping tax reform that cuts rates for everybody and would allow democrats is that means they want to cut taxes more for the rich. they believe cutting taxes on the wealthy more of a triple-down approach if you want to good back to the reagan day language. that will be one of the defining issues. how do you reform the tax code. the current state of the economy, look we have an incumbent president. and the democrats everyone has noted are going to try to make this about romney and ryan. they re going to say they want to favor
2010. in that deal, korea got access to american markets. the united states did not demand that korean companies choose between doing business in the u.s. or iran. and there s another loophole that congress could close when it comes to u.s. sanctions. did you know that overseas subsidiaries of american companies can do business in iran? sanctions may not be a good idea, they hurt regular people and try to have them halt an alleged nuclear program in iran may never be totally effective. the united states has put their reputations on the line. the u.s. is implementing the toughest sanctions in history on iran. that s true. but all these loopholes still exist. they exist because the u.s. governments lets them. is the u.s. afraid that standard charter, the bank in the headlines this week for doing business with iran or a company like samsung would choose iran over the united states? outfront tonight, an attorney who specializes in international business law. he also served in i
white house correspondent for the huffington post sam stein with us, msnbc political analyst and former chairman of the republican national committee, michael steele, and nbc chief foreign affairs correspondent and host of andrea mitchell reports, andrea mitchell. and in new york, we have msnbc and time magazine we do not. yeah, we do. no, we don t. that is just obamaloney. there s no way we have him. mark halperin with us. also at the london olympics, willie geist. we have him too. yeah, we do. i m feeling so selfish. i feel like romneyhood. okay. i mean seriously. willie, david brooks, this past week, wrote a column talking about what a stupid campaign this is. mika a few weeks ago was saying it s a seinfeld campaign, campaign about nothing. evan thomas said it was pathetic. evan thomas, a guy we all like and respect and has been covering these, said these campaigns are pathetic. and i mean seriously. romneyhood, obamaloney? is this like four
legitimate fif sofcle differences between both parties that have gotten obscured by obamaloney. it s not fourth grade, it s kindergarten. you know, what fourth graders would behave this badly? it is really not just annoying, but now it is corrosive to everything that needs to be done in this country. we have a drought, farmers are desperate, and congress went home. yeah. i mean that s and both parties to blame. yeah. mark halperin, what do the campaigns think about the fact that that they are viewed and their messages are viewed as essentially meaningless? just that they re taking politics to the lowest common denominator? i thought yesterday was a low point of what has been a pretty low campaign so far. both sides did things that were borderline outrageous or over the line into outrageous. you ve got campaigns here being run by people like stuart stevens and matt roads for the republicans and david axelrod and robert gibbs and others for the president who not o