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  • CODES, LET'S TAKE THEM OUT,

  • LET'S SEE WHAT STEVE MOORE

  • THINKS OF THE IDEA.

  • THANK YOU FOR BEING HERE.

  • >> THANK YOU, DAVID.

  • DAVID: WE KNOW THAT EVEN A

  • GREAT PLAN CAN'T EXIST IN A

  • UNFUNCTIONAL CONGRESS.

  • IT LOOKS LIKE THAT IS WHAT

  • IS HAPPENING.

  • WE'LL GET TO DETAILS OF WHAT

  • IS GOING ON INSIDE HOUSE.

  • BUT FIRST, I LOVE HOW

  • DEMOCRATS ARE NOW TALKING

  • ABOUT THE UNFAIRNESS OF OUR

  • TAX CODE.

  • WHEN THEY HAVE DONE SO MUCH

  • TO LOAD IT UP WITH THE

  • UNFAIR DEDUCTIONS.

  • HOW DID -- DO YOU THINK

  • THERE WOULD BE ANY OF THOSE

  • DEMOCRATS WHO JOINED A

  • REPUBLICAN MAJORITY IN AN

  • ACTUAL FLAT TAX?

  • >> WE HAVE BEEN TALKING

  • ABOUT THIS FOR 20 YEARS

  • SINCE WE WORKED TOGETHER AT

  • "WALL STREET JOURNAL" MANY

  • YEARS AGO, IT IS SUCH A

  • WONDERFUL IDEA.

  • I DON'T HAVE TO EXPOUND OUT

  • VIRTUES OF A SIMPLE LOW RATE

  • FLAT TAX SYSTEM.

  • MY WIFE WAS JUST TELLING ME,

  • IT'S THE NEW YEAR, WE HAVE

  • TO WORRY ABOUT OUR TAXES

  • NOW, SHE DOES THE ACCOUNTING

  • THAT DOES NOT PUT HER IN A

  • GOOD MOOD.

  • I THINK THAT THE TIME IS

  • RIPE FOR THIS.

  • WE HAVE DONE UNDER BIDEN IN

  • FIRST TWO YEARS, IS CONTINUE

  • TO ADD THIS MANURE TO TAX

  • SYSTEM, AND CRAZY LOOPHOLES

  • AND DEDUCTIONS, THEN YOU

  • HAVE TO HIRE LEGIONS OF TACK

  • LAWYER -- TAX LAWYERS AND

  • ACCOUNTANTS AND GOVERNMENT

  • SIDE HAS TO HIRE MORE IRS

  • AGENTS, THERE IS ONE

  • OTHER ELEMENT TO THIS, WHICH

  • MAY BE MOST IMPORTANT, IF

  • YOU SIMPLIFY THE TAX SYSTEM,

  • GET RID OF THE LOOPHOLES AND

  • TAX DEDUCTIONS, THEN YOU CAN

  • LOWER THE AMERICAN TAX RATES

  • WHICH REAGAN AND TRUMP HAVE

  • PROVED THAT WHEN DO YOU

  • THAT, YOU GET MORE GROWTH,

  • MORE CAPITAL COMING TO

  • UNITED STATES, MORE BUSINESS

  • FORMATION WHAT IS

  • NOT TO LIKE.

  • DAVID: THERE WAS A LOT OF

  • HOPE IN BEGINNING OF TRUMP

  • ADMINISTRATION EFFORTS WOULD

  • BE MADE TO SIMPLIFY IT, TO

  • GET DOWN TO A FLAT TAX TAXES

  • DID GET FLATTER, BUT

  • THIS SIMPLIFICATION WAS

  • NEVER PANNED OUT THE WAY A

  • LOT OF US HOPED.

  • WHY WAS THAT?

  • WAS IT LAWYERED AND

  • ACCOUNTANTSES AND LOBBIES

  • THAT PUSHED AGAINST IT.

  • >> YOU BETTER BELIEVE THAT,

  • IT IS A MIRACLE WE GOT

  • ACCOMPLISHED WHEN WE DI

  • REMEMBER THAT FIRST MEETING

  • WITH DONALD TRUMP, LARRY

  • KUDLOW AND I LAID OUT A PLAN

  • AND TRUMP LOVED IT, WE GOT

  • ABOUT 50% OF WHAT WE WANTED.

  • MANAGE THAT SIMPLIFIED TAX

  • SYSTEM AND ALL SPECIAL

  • INTERESTING HATED IT WE

  • INCREASES STANDARD

  • DEDUCTION, YOU JUST CHECK

  • THE BOX AND TAKE THE NUMBER,

  • BUT THAT MEANT, YOU DIDN'T

  • HAVE TO ITEMIZE YOUR

  • DEDUCTIONS, SPECIAL

  • INTERESTS HATED THAT DAVID,

  • THEY LIKE THE PEOPLE TAKING

  • ADVANTAGE OF ALL OF THESE

  • LOP HOLES, THAT -- LOOPHOLES

  • THAT MEANT FOR ABOUT 70% OF

  • AMERICAN TAX FILERS THEY NO

  • LONGER HAVE TO ITEMIZE

  • DEDUCTIONS.

  • DAVID: AMAZING HOW A SMALL

  • GROUP OF PEOPLE CAN PUSH

  • AGAINST SOMETHING THAT IF

  • YOU EXPLAIN IT TO FOLKS, IN

  • A SIMPLE WAY, IT IS A

  • SIMPLIFICATION.

  • IT IS NOT

  • DIFFICULT TO EXPLAIN IT WOW

  • WOULD UNDERSTAND THIS IT.

  • BUT THE SMALL GROUP OF

  • PEOPLE CAN THEY STILL --

  • WOULD THEY AGAIN BE ABLE TO

  • PREVENT IT FROM HAPPENING

  • THE LOBBYISTS?

  • >> I SAID, REMEMBER WHEN

  • TRUMP RAN FOR PRESIDENT ONE

  • OF HIS MOST MEMORABLE

  • PHRASES, HE USED TO SAY

  • DRAIN THE SWAMP.

  • WE DID SOME DRAINING BUT NOT

  • A LOT.

  • IF YOU WANT TO DRAIN THE

  • SWAMP, I CAME TO THE

  • RECOGNITION YOU HAVE TO

  • CLEAN UP THE TAX

  • SYSTEM, THAT IS WHERE ALL OF

  • THE BUYING AND SELLING OF

  • POLITICAL FAVORS IS DONE.

  • GIVEN THE FACT THAT BIDEN

  • NOW IS SAYING, LIKE WE HAVE

  • TO DOUBLE THE SIZE OF IRS,

  • PEOPLE SAYING WHAT?

  • YOU WANT TO BUILD BANKING

  • STADIUM WITH MORE IRS AGENTS

  • IN THERE HAS TO BE A BETTER

  • WAY, THE MOMENT MIGHT BE

  • RIGHT IT USED TO BE, A LOT

  • OF DEMOCRATS, I CALL JFK

  • DEMOCRATS OF YESTERYEAR,

  • THEY WERE FOR THAT.

  • >> THIS BRINGS US TO TODAY,

  • WE HAD EVERYONE FROM KEVIN

  • McCARTHY TO JIM JORDAN AT

  • ONE POINT WAS RUNNING

  • AGAINST KEVIN, HE PUT HIS

  • NAME UP FOR A NOMINATION

  • DURING SECOND ROUND.

  • THIS COULD BE ONE ISSUE THAT

  • COULD BRING THE REPUBLICANS

  • TERK RIGHT NOW.

  • TOGETHER RIGHT NOW.

  • COULD THAT BE -- COULD

  • SOMETHING LIKE THAT BE WHAT

  • WOULD BRING REPUBLICANS TO

  • TOGETHER IN THE HOUSE?

  • >> A GREAT IDEA, LIVE THE

  • WAY YOU THINK, I THINK THERE

  • IS SOMETHING TO THAT, A

  • UNIFYING MESSAGE THAT WOULD

  • REACTION RESONATE WITH THE

  • AMERICAN PUBLIC.

  • REPUBLICANS NEED THAT

  • RIGHT NOW AFTER THE ATROCITY

  • OF THE -- I CALL IT OMNI

  • BUSTED BILL IT BUSTED OUR

  • COUNTRY.

  • ACTIVISTS ARE ANGRY AT

  • PEOPLE IN WASHINGTON FOR

  • DOE, THAT THIS WOULD BE A

  • WAY OF MAYBE WINNING BACK

  • PEOPLE'S TRUST.

  • DAVID: YOUR NEWS LETTER THAT

  • I GET EVERY DAY IS

  • UNVALUABLE, THE LEAD STORY

  • ON THIS IS FROM THE

  • WASHINGTON EXAMINER, MITCH

  • MCCONNELL WHO WAS FOR THIS

  • OMNI BILL AND PUSHED IT IN

  • SENATE, HE WILL HOST

  • PRESIDENT BIDEN IN KENTUCKY

  • FOR AN EVENT CELEBRATING THE

  • PRESIDENT'S ECONOMIC PLAN,

  • WHAT IS THAT ABOUT?

  • >> THAT -- GOOD QUESTION.

  • THE BIDEN WANTS TO

  • BIPARTISAN -- QUOTE VICTORY

  • TOUR FOR A BILL THAT ADDED

  • HUNDREDS OF BILLIONS OF

  • DOLLARS MORE TO OUR DEBT,

  • REPUBLICANS SHOULD NOT GET

  • NEAR, THAT ANY REPUBLICAN

  • THAT VOTE FORWARD THAT BILL

  • SHOULD GO TO CONFESSION.

  • IT IS A TERRIBLE BILL, TIME

  • TO -- NOW THAT REPUBLICANS

  • ARE TAKING OVER THE HOUSE,

  • WE DON'T KNOW YET WHO

  • SPEAKER WILL BE, BUT IT

  • BETTER BE SOMEONE THAT WANTS

  • TO SIMPLIFY TAX SYSTEM

  • AND CUT WITH A CHAINSAW THE

  • OUT OF CONTROL SPENDING.

  • DAVID: THE LINE WOULD GO

  • AROUND THE CAPITOL.

  • I DON'T THINK THAT WILL

  • HAPPEN.

  • STEVE MOORE GR

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Steve Moore talks eliminating the IRS

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    WP に公開 2023 年 01 月 04 日
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