in government and among nations. we take you seriously. seriously, that president pena decided not to come to the united states. n it was not a mutual decision. it was our president s decision because we are offended, because we being harmed and because you re affecting our businesses like ford motor company. ford motor company now has a bond, now people is not buying ford cars because you played the round with ford motor company. now several mexican states are not buying any more cars and several corporation in mexico have done this in. now you move how you re going to charge for the wall. how do you think that mexico is not going to pay? your proposal yesterday was a
particular. threvenuis what w need to make up for the revenue we are losing from the corporate tax cut. there is no real additional revenue to the treasury to pay for the wall and the consumers of america will end up paying for the wall. wall street journal says it will raise about a trillion dollars off of the 50 billion dollar trade deficit with mexico. it would easily, as wall street journal said this morning raise the $10 billion for the wall without actually cutting into the republican plans to use the additional money to cut corporate tax rates. i m not sure the math works exactly that way. i think that the money you raise from this tax would, in fact, be used to we have a 35% corporate tax rate in this country, one of the highest in the world. we want to reduce that. i m not sure you agree with that? i m not sure how much revenue is left but it s not money coming from mexico. it is money being paid by our companies and therefore by us.
20% tax on mexican imports. do you know who pays a tax when you import? is the american corporation, the company that is importing the car. and if that car mexican will keep selling 20,000 as an example, u.s. dollars, it will have a 4,000 tax paid by a u.s. corporation. finally, the consumer will pay 24,000 instead of 20,000 with its own pocket money, so mexico is not paying for the wall. you are paying for the wall. taxpayers in the united states are paying for the wall. there are leach in this country who agree with that assessment including some republicans in the senate but a long way to go from disagreeing on trade policy and a proposal from donald trump and comparing him to adolf hitler. in what way do you think he is like adolf hitler? do you think a chance the united states in 2017 ends up like
nazi, germany? he say he real populace. i mean trump. he plays around with everybody. i mean, the way he spoke to the senators and the congressmen from u.s. congress is incredible. i mean, he s playing around with everybody. and that s why i make the comparison. hitler used to embellish, used to get in love people by his nice talking, by his promises, by their grand dreams. trump just moved from tweeting or from campaign promises to executive orders. executive orders doesn t mean a thing. i mean, when he comes to congress and tell them i need the money for the wall, i need 25 billion for the wall, what is congress going to say?
joining us from baltimore more democratic senator ben cardin of maryland. here on the set, news and finance anchor at yahoo! bianna golodryaa. we had issues where you re not in line with the president, senator. what are you most worried about at this point? well, within the last 24 hours, it s been his comments about mexico. mexico is a very important country. we need mexico for immigration policies to work in our country. we need mexico to stop illegal trafficking of drugs. the putting up this wall will not help in rars egards to immigration and his proposals to pay for it will hurt working