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He did well. i think his plan is a good one. there is an argument it could be bolder. bret: we have some proposal in a graphic here. basically, eliminating capital gains tax. dividend taxes. estate taxes. reducing the rates of individual this can taxes. top rate of 10%. lowest rate top rate 20% and lowest rate of 10%. what is interesting is the way he wove in the presentation of the numbers. the policy specifics. again the attack on the way the president sees america. pawlenty said he has a fundamentally world view, different world view than americans do. bret: did friday job numbers change the tone in the race to be? ....
Prosperity? this is the exact opposite of his entire career. as a politician, professor and community organizer. senate senator and u.s. senator and candidate. did he discover can u.s. politics 101 or did he read election returns? you know he has to hate himself for saying that. here is the story. we have $200 billion stimulus bill two years ago. we talked about this many times. it didn t create a single new job because government spending doesn t create jobs. now they have to revert to tax cuts. i agree with charlie. this is essential that we get this done and we keep the capital gains and the dividend taxes where they are. i want to say one thing if i may on the issue of the earmarks. i agree it s small part of the budget. the way they bully through the spending bill is buying off the republican senators with pork projects. ....
Prosperity? this is the exact opposite of his entire career. as a politician, professor and community organizer. senate senator and u.s. senator and candidate. did he discover can u.s. politics 101 or did he read election returns? you know he has to hate himself for saying that. here is the story. we have $200 billion stimulus bill two years ago. we talked about this many times. it didn t create a single new job because government spending doesn t create jobs. now they have to revert to tax cuts. i agree with charlie. this is essential that we get this done and we keep the capital gains and the dividend taxes where they are. i want to say one thing if i may on the issue of the earmarks. i agree it s small part of the budget. the way they bully through the spending bill is buying off the republican senators with pork projects. ....
January 1st. 300% increase in dividend taxes. the united states has the second highest capital gains tax in the world. under the helt health care bill went un4% and president wants an increase by 75%. we want taxes to be left alone. let people figure out where they stand. don t let washington get in their billfold anymore. harris: what might really happen, real quickly, ten seconds each what do you think will really happen? one-year extension on personal income tax rates and interest and dividends and i think that is exactly what we ought to have and let the next congress figure it out. i agree with that. i m hopeful it will be two years instead. harris: good to see you both. ....
1st. now anyone who pays taxes. reporter: anybody who pays taxes will see their taxes go up on january the 1st if there is no deal. megyn: i want to show our viewers. we made a graphic so you can see how this may affect you if this happens, okay. look at it here. the bottom tax bracket goes from 10% to 15% . the top goes to 35% to 39.6%. married couples lose 43% of their standard deduction, which is something that president bush took away. capital gains tax you pay 15% now it goes up to 20%. dividend taxes go from 15% to 39.6%. that i think is for the top earners. nonetheless a bunch of people will get hit. reporter: everybody who pays tax will see their taxes go up on january the 1st if there is no deal. before the election it looked like there was a deal. megyn: we talked about that. ....