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They don t have the business to hire. one thing to take a lock at is at what the congressional budget office did. the very worst of the 14 ways they looked at was extending all the 2001, 2003 tax cuts, particularly for the wealthy. jenna: bob, wait a minute they also said the most effective impact for creating jobs would be an immediate payroll tax holiday and that would affect the same businesses, that would put more money quickly into the hands of executives who are higher. the subject there isn t income taxes. what is the point of raising taxes. i ll tell you, we can be assured that politicians really won t be honest about this, any politicians, but we can, this is about income and equality which is something that became a bad problem over the past let s say 20 years, we could pick a different time period. whenever adam talks about income and equality he doesn t factor in the 401k and health benefits that show that income ....
Owe quality in this country is not the issue. the issue is jobs and would hiking taxes on the fish fix it? it would not. jenna: is all of this for not the president is putting out the initiatives e has to get them through congress, do we see any change before the midterms. i agree with adam at this point it s all politics. i believe we will have to extend all of the tax cuts, even democratic economists believe that and the reason is uncertainty. if you talk to actual real life small business people the second biggest cause for the reason they are not hiring is uncertainty. we are creating uncertainty by making this tax debate go on for so long. let s extend the tax cuts for at least a year or two, reduce the uncertainty that small business says is one of the major barriers to their hiring. jenna: all right, elizabeth, john, bob and adam, thank you so much for joining us today, we ll continue to work through some of these issues and look forward to having you back. jon: jen a we have ....
Does he say about financing, where the money is coming from, how close they are to even having the money to build this project? reporter: it was not there was not a great deal said in this article about money. essentially, i think, one sentence, let s bring this quote up on the screen as well, he said i know there will be interest in our financing, and so we will clearly identify all our financial backers. and this is something that, of course, you will expect to see a great deal more of in the next few days, weeks and months ahead, jenna. jen yuen that s for sure jenna: that s for sure, thank you for breaking this down for us. david lee miller, thank you. jon: as we have long been telling you, al-qaeda s influence in the country of yemen is growing. the pentagon has a program to try to counter the threat. could this be the model for how the u.s. fights terror around the world? should it be? it is a little bit controversial. major bob bevelaqua is a former green beret and joins u ....
People in the middle of a weak economy. and the problem with the richest getting their tax cuts extended is about half of small businesses file tax returns on income tax forms. 750 small businesses are not going to be hiring as much, expanding their businesses as much if their taxes go up. it s easy to say they are for the wealthy but they are also for small business people who create jobs and we are not creating jobs lately. jenna: bob, the president is putting out all these bills for small businesses to help them in this time and give them tax breaks. if they get those initiatives and get the higher taxes how does that help anybody? small businesses don t hire because they have more or less tax, they hire because they need workers to produce their products to sell in the marketplace. if they don t have demand for their goods and services they are not going to hire new workers regar regardless of whae ....