JONATHAN KARL: Okay,let me-- I've heard all of you at various times rail against corporate welfare You're, I think it's safe to say, all against corporate welfare, right? But there was a vote in the Senate, we call it-- this happens every year, the tax extenders package where you-- I think all three of you-- correct me if I'm wrong-- voted-- in favor of this package that had tax breaks for rum producers, wing energy, Hollywood, NASCAR track builders, race horse owners.
SENATOR RAND PAUL: Yeah, and the other thing about it when you define a-- deduction or a credit as-- a corporate welfare you're sort of assuming that it was the government's money. I mean, this is earned by companies. And you may say it might be an unfair distribution of taxes. But really most of these companies are paying a lotta taxes. I don't think there are many companies that through the extenders are not paying any taxes.
SENATOR RAND PAUL: So here's my point is that if I were designing a tax code would I try to make it a better tax code and maybe not have some of this unevenness to it? Yes. But if you-- if I am faced with a vote to eliminate some deduction or a credit that raises taxes I think we pay plenty of taxes and I'm against raising.
JONATHAN KARL: --but you just a few minutes ago said that you were against revenue neutral tax reform. In other words, you are against the idea of eliminating these specific tax benefits, tax treatments, and in return using exactly the same amount of money saved to lower the rate.
SENATOR RAND PAUL: I think it'll do nothing to help the economy. I think to help the economy--
JONATHAN KARL: Well, it'll be more equitable. You don't have--
SENATOR RAND PAUL: --well, no, to help the economy you need-- it'd be-- most equitable is letting people keep their own money So you'd let them keep more of their money--
JONATHAN KARL: --well, this'll be the same amount of money but you-- but instead of having some industries--
SENATOR RAND PAUL: --right. And you so you wouldn't stim--
JONATHAN KARL: --that have better lobbyists--
SENATOR RAND PAUL: --you wouldn't stimulate anything 'cause the same amount of money's going to the non-productive sector which is in Washington. So revenue neutral means you shift the burden from the left half of the room to the right half of the room just doesn't excite me. I mean, if that's what people wanna go in Washington to do, they can do it. And I can go back to being a doctor. I'm just not interested--