comprehensive tax reform that has a lower tax code, sure. as a single, i want to raise taxes, no. the government has grown over this government where it s going to overwhelm the american economy. nobody else running for president has done that. i m the only candidate. i ve cut my state budget 26%. everybody else talks about it. we have done it. there s a part of overall tax reform that cuts rates, lowers the tax code, sure. i m not for raising taxes on anybody. we already have too much money going to d.c. i want to bring in my colleague dana bash. senator santorum, you just heard governor jindal and governor pataki talk about tax reform. jeb bush has proposed a tax reform plan and in it he limits deductions, including the popular home mortgage deduction. would you do the same as president? actually, i m going to be proposing a plan, i call it the 20/20, a 20% flat tax on income, 20% flat tax on capital gains
the answer is, we re going to lower and flatten taxes, put government on a budget, a 10% across the board time is up, senator. we ve got a lot of plans. governor, just to bring you back into this, you said that you would be okay with what is effectively raising taxes on a hedge fund manager as part of a tax reform plan. would you also be for doing away with people s deductions for their mortgage interest? no, i would not. i would keep that deduction. i would lower the rates dramatically. yes, that route would pay more but everybody else is going to pay less. i would keep the home mortgage deduction, the charitable deduction and others. by the way, i agree with rick on manufacturing but my approach is different. i would pass a rate on manufacturing of 12%, the lowest in the developed world so we can make things in america again. i know how important those jobs are. when i went through college, christmas and summer vacations, i worked in a factory. my grandparents worked in a
i have a few suggestions for greater accountability to taxpayers. how about a morality clause when they take the home mortgage deduction this year a huge taxpayer giveaway to the wealthy. if you take that deduction, no netflix rentals, no wine with dinner this year while we re at it let s make sure all the corporations are also on the straight and narrow. no massages or tattoos for any ceo of any company getting tax relief this year. to truly ensure the ethical use of tax dollars, i propose you, your staff and all elected officials who draw salaries from hard working taxpayers refrain from purchasing any video games or taking any family vacations while you re on the public dole. after all, those are our tax dollars, governor. sincerely, melissa.
quoted in there talks about the submerged state. she did this great research. have you used a government program? right? all these people said no. people reported never having used a government program. 57%. actually people who have not used a government program is 4%. if you look at the different kinds of government programs, the more submerged it is, the less likely. if you re on food stamps, people know that s a government program. only 25% of people say i haven t gotten a federal program. if you look at unemployment insurance, 43%, the home mortgage deduction, okay, 60% of people getting the home mortgage deduction which is just another way of the government writing you a check. i hate to tell you this. it s just the government writing you a check. 60% are like, i haven t used a government program. i think part of it, chris, you can look to today to the passage of the farm bill is the goal posts have been moved so far right when it comes to government and earned benefit programs.
people on s.n.a.p. could get more money for food assistance. and the fact that democrats are now using the word fraud and abuse to describe people who have run out of money and are living at the federal poverty line, who are trying to get enough money to eat, somehow that is bad asocial fraudulent behavior is a testament to how far right we ve gone nationally in terms of the conversation. and no one ever is going to look for fraud and abuse in the home mortgage deduction. no one we i forget how many billions of dollars in this country we spent on the home mortgage deduction for second homes. okay? no state legislator, drug tests, if you want the home mortgage deduction, you should have a drug test. it disproportionately goes to richer people like the mortgage interest deduction. we have a weak middle class today. we used to invest more in levittowns for working class people. now most of our investments for asset development is for higher income people. that s right. the inter