individuals. the amount of money we will collect is a drop in the bucket. it is $90 billion a year. if you put the wealthy and small business back to where they were in the clinton administration. you generate not much money. however, if you do tax capital gains which means your profits on savings and tax wins, if you do that, then investment drops. there is a pool of capital in the world and there are tens of trillions of dollars floating around. there is plenty of capital shor. the proof is the return on capital is almost nil and yet there is a tremendous amount of capital flowing into the united states. and $90 billion may seem like little to you, and i am impressed it seems like little, but i have tried to cut it out of the social welfare spending. i agree with you. if you start to constrict investment into the united states.
republicans being with both sides being unwilling to touch entitlements, defense spending, democrats willing less willing to touch domestic spending, social welfare spending, you see where the challenge is. the president told ann curry is that the republicans are resistant to any talk about revenue. they ve made that clear on the record, off the record. the democrats don t want to go for some of these big budget cuts. one thing that does strike me as maybe we re all being spun, maybe each sides wants to avoid being blamed for the failure, the breakdown that leads to a debt ceiling crisis. so everyone s talking about being cozy many the room, but they really aren t getting anywhere. i don t know. that seems to be sort of the standard thing. there are these very hard positions that we ve seen. you don t have to look any further than the breakdown, the impasse that was reached by this gang of six that looked like
individuals. the amount of money we will collect is a drop in the bucket. it is $90 billion a year. if you put the wealthy and small business back to where they were in the clinton administration. you generate not much money. however, if you do tax capital gains which means your profits on savings and tax wins, if you do that, then investment drops. there is a pool of capital in the world and there are tens of trillions of dollars floating around. there is plenty of capital and no shortage of capital. the proof is the return on capital is almost nil and yet there is a tremendous amount of capital flowing into the united states. and $90 billion may seem like little to you, and i am impressed it seems like little, but i have tried to cut it out of the social welfare spending. i agree with you. if you start to constrict investment into the united states.
collect is a drop in the bucket. it is $90 billion a year. if you put the wealthy and small business back to where they were in the clinton administration. you generate not much money. however, if you do tax capital gains which means your profits on savings and tax wins, if you do that, then investment drops. there is a pool of capital in the world and there are tens of trillions of dollars floating around. there is plenty of capital and no shortage of capital. the proof is the return on capital is almost nil and yet there is a tremendous amount of capital flowing into the united states. and $90 billion may seem like little to you, and i am impressed it seems like little, but i have tried to cut it out of the social welfare spending. i agree with you. if you start to constrict investment into the united states.