from you. it fair that tim geithner, tom daschle, charlie rangel and other people that preach tax fairness under paid their taxes? it s a hypocrisy element to this. everybody says you should pay more taxes, head of the ways and means committee, these people aren t paying their fair share of taxes. i think they were cheating on their taxes. how dare they say i should pay more? john: all good new ways of thinking about fairness and we re going to return to some of these ideas at the end of the show. before you go, i want to thank you on appearing on all these shows where i don t have to where you explain markets to the left-u go on bill maher and colbert and michael moore s movie. sometimes i wonder if i m
masks that are ugly and good athletes need tendons cut it s amazing wonderful story by vonnegut. it s where we are headed. that is whole reason for plastic surgery, now covered by obamacare. hello? john: thank you. my take, lots of people say it s unfair the rich have so much money but is income the way to measure fairness? what about good looks or social skills? how do we judge what is fair? i habe a cohd. i toog nyguil bud i m stild stubbed up. [ male announcer ] truth is, nyquil doesn t un-stuff your nose. really? [ male announcer ] alka-seltzer plus liquid gels fights your worst cold symptoms,
death if the president and vice president comes to visit your company. but it is true. john: it s not just solyndra. there are many other ones. beacon energy, other places where they received a significant amount of taxpayer largesse and had ties to the administration and have given big bonuses to their executives before they went bankrupt, it s a scary story line because it s so much rewarding your friends and punishing your enemies. john: what is fair about that? let me ask you, speaking of fairness. your bosses are being viciously attacked by the president himself in some cases. i m told they secretly funding the climate denial machine. people resent them. they have number 12 in the forbes richest list. so they must be bad guys?
government control. you need a tax system that is fair. there are millions that aren t paying their fair share. john: taking from people that have a lot and giving to those that make less. or giving it to those things they like, like solyndra. or giving it to old people. older people vote. but even with those scams, the idea that government can make life more fair appeals to people. at least it does until they really think about it. so the president says fairness requires higher taxes. is it fair that the rich e-10% of americans already pay more than of the nation s income tax than the richest 10% of every industrialized nation? is it fair that art laffer said that corporations pay the highest corporate taxes in the world. beyond taxes, school touchers
less than 2% of our energy. john: they just need a little more. teenagers will be paying for them until they are 60. john: isn t there a fairness element companies get so much? i don t think you layer bad government on it. i think we should clean up the entire tax code. john: just to be clear, my understanding is per kilowatt hour energy produced the oil subsidy is 1% to a hundred that solar and wind get? well, the amount of subsidies that have gone in politically correct energy. john: they are pulling back. john: they felt ripped off? in spain, it cost them 2.2 jobs that of the jobs created and it was $700,000 per job created. those jobs had one in ten hung around. john: we re in agreement we