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And it s this idea that senior citizens who decide to continue to work after age 65 and don t retire early, that they wouldn t have to pay the payroll tax after certain age, after age 60. it make a lot of sense. that whey you incense at this vise people to continue work. they are not going to spend their social security benefits past age 100 if they are lucky, so i think there are some things public policy wise that we could do that would make taxes make a lot more sense for everybody involved. lastly, hasn t the irs suffered a lot. it s hard for us to take them seriously when they are asking for our money. when they are asking federal employees to get out of paying 3.5 billion. let s pay what president obama pays. 19.1%. i ll pay that tomorrow. let s keep this in mind, more money is deducted than is ....
And it s this idea that senior citizens who decide to continue to work after age 65 and don t retire early, that they wouldn t have to pay the payroll tax after certain age, after age 60. it make a lot of sense. that whey you incense at this vise people to continue work. they are not going to spend their social security benefits past age 100 if they are lucky, so i think there are some things public policy wise that we could do that would make taxes make a lot more sense for everybody involved. lastly, hasn t the irs suffered a lot. it s hard for us to take them seriously when they are asking for our money. when they are asking federal employees to get out of paying 3.5 billion. let s pay what president obama pays. 19.1%. i ll pay that tomorrow. let s keep this in mind, more money is deducted than is ....
it probably won t be there for you. i would give up my social security right now even after paying all that, and say that will be my tax, how s that? call it even? call it even because i know i m not going to see. eric, we talked about it before, isn t there a better way or a more fair way to deal with taxes? yeah, the last line in your mondo log is a fair way. the fair tax for me is the one that s most fair that would make the most sense. you eliminate the irs completely. there s no federal income tax whatsoever. it s a 23% or so consumption tax. you pay it whether you are a businessman, talk show host or pimp on the street. everyone pays. you pay 22%. you don t have an irs. you keep your full paycheck and the other thing, it takes the power away from government. it takes that force, that axe you are talking about, it ....
Something like a 3-5ths vote of the parliament to change that. talking to some people today, you could actually implement this in three to five years, and we wouldn t have to all of the headache that we deal with every april 15th. address the flat tax. do you still need the irs, do you still need for them to decide which deductions are fair which are going to get approved or aren t, and so you are going to have your whole lobbying group doing that as well. what do you mean? you can t really lobby. if there s three separate brackets if people put in their plans, are you saying there s a reality of getting rid of the irs? yes. that s exactly again, we re talking like like fantasia land, that would be great in theory. it s not going to happen. let s see what we can do and democrats and republicans get together and said that there s ....
Dealing a heavy blow to the irs s credibility. why this could pose major difficulties for president obama s new health care law which is just months away from coming into full implementation. heather: and scare in the skies for former president george w. bush. why his plane was forced to make an emergency landing last night. gregg: pope francis blessing an american icon today. why all these harley-davidsons were on hand in rome. we ll tell you about it. get on the highway looking for adventure whatever comes our way . [ acoustic guitar: upbeat ] [ dog ] we found it together. ....