About this. you look at how the past 20 years russia has convinced the world we re an open place to do business, they have made themselves this modern place, as modern as new york or london or other big stable stable international centers. and if this goes through as these draft laws suggest, it would send a chill through and actually hurt even people like vladimir putin, if he has any investments in his own companies. let me show you this. there is europe would really be hurt. $462 billion in trade between e.u. and russia. that s way more than u.s. trade, right? so that s how you have to go after those multinational companies to really hurt the u.s. russia is important to u.s. companies, because, look, u.s. foreign direct investment into russia, $14 billion. those are companies who have invested $14 billion. that s even more than the e.u. does. look at these american companies that do business there. boeing, cargill, ford, general motors has a big plant in st. petersburg. exxo
You know what the u.s. did not become? greece. you know why we did not become greece? because we are not greece. it s a tiny economy that doesn t control its own currency and can t raise taxes on its people because they won t collect. we are the largest economy the world has ever known. we control our own currency. you know what that currency is? the dollar. the currency the rest of the world relies on. we re not part of the euro, which is at the core of greece s problems, here s one more reason we re not greece. we re running a much lower deficit than expected than all those predictions expected. according to the congressional budget office, the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to 462 billion. so why bring all this up? why bring up the ancient history of the greece scare? the republicans have had to move
We re becoming greece. the country will burn. you know what the u.s. did not become? greece. you know why we did not become greece? because we are not greece. it s a tiny economy that doesn t control its own currency and can t raise taxes on its people because they won t collect. we are the languagest economy the world has ever known. we control our own currency. you know what that currency is? the dollar. the currency the rest of the world relies on. we re not part of the euro, which is at the core of greece s problems, here s one more reason we re not greece. we re running a much lower deficit than expected than all those predictions expected. according to the congressional budget office, the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to 462 billion. so why bring all this up? why bring up the ancient history of the greece scare? the republicans have had to move
Trillion in debt that puts us on a path to becoming greece. the country s going to burn. what s calamitous is that we re becoming greece. the country will burn. you know what the u.s. did not become? greece. you know why we did not become greece? because we are not greece. it s a tiny economy that doesn t control its own currency and can t raise taxes on its people because they won t collect. we are the largest economy the world has ever known. we control our own currency. you know what that currency is? the dollar. the currency the rest of the world relies on. we re not part of the euro, which is at the core of greece s problems, here s one more reason we re not greece. we re running a much lower deficit than expected than all those predictions expected. according to the congressional budget office, the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to 462 billion. so why bring all this up? why bring up the ancient histo
The president has to give and go to thenate bill for 20% tax and gain and dividends. the next place and big one is how you deal with deductions then, reforming that. my idea is capping all of them at 28%. let the deductions stay the same. take deductions but you can t lower tax rate below 28%. no matter how many you take. decent idea. top tier. democrats might go for it. this isn t an attempt to get more revenue. if you raise top rates back to where they were under clinton you can get $462 billion. if you do what joe suggested top rates you can only deduct 28 cents of each dollar that