I did jot some notes...
Nice, the lead in is an economics roundtable discussion of tax changes proposed for hedgefunds and private equity: capital gains or ordinary income?
Socialist on board claiming it's ordinary income so it needs to be getting hit with a 35% rate like ordinary income. Intelligent man on board (dare I say a capitalist?) claiming taxing such money twice is unacceptable, and points out that in a global economy, the increase will cause even more investors to leave the US (and he's right). Cap gains at zero is done by a lot of countries because it INCREASES JOBS. Class warfare also brought up.
CAFE standards discussed. Socialist says increased standards will create incentive in Michigan for auto industry to make better more fuel efficient cars. Dan the capitalist says it's not the role of the FedGov, will give us smaller cars and more deaths, more expensive cars which will hurt lower income families, and it will hurt our auto industry even more.
Union vote in Senate tomorrow? I haven't been following. Socialist likes it, capitalist only had 5 seconds, he said it's an attempt to destroy the secret ballot and is a bad thing.
I hope they go to RP next!
DAMN, tech difficulties, can't get to Ron yet. Said they'd bring him up as soon as they get them fixed. They're back to the union vote thing....
NOW HE'S ON!
Why running?
Running to win.
He runs because he stands for principles, the war has motivated him, the GOP has strayed, we're in a mess, he's offering a different approach from the other GOP candidates.
ARe you hoping your views will prompt issues to be discussed or do you think you have a chance to win?
GOP base is shrinking, and they are "OBSTINATE." Says his views represent the majority of americans. Offering a candidacy that is WINABLE.
What is your libertairan view: synthesize it for us.
Liberty. I'm determined to promote that and individuals, free market economics, mind our own business, it's not strange, and to claim it's "maverick" is wrong - the other guys that advocate war are wrong, Ron says he's the traditional republican.
NEVER VOTED TO INCREASE TAX INCREASE! Said by the interviewer.
Ron says he'll eliminate IRS.
Fed prints money which causes inflation which hurts the poor and middle class, they've not had an increase in their standard of living in the past 7 years, yet the GOP does not understand why. It's in the printing of money and the hidden tax of inflation.
Does the tax code favor the rich?
I think it should be equal for everyone and very low. He touched on corporatism, military industrial complex, inflation. We can't equalize by raising taxes on the rich. We have to address role of govt and what we expect it to be. Mentioned the coming huge number of entitlements soon to come due, said we can't do it.
MAN THIS IS GOOD.
Said he doesn't think the gov't needs to have involvement in our everyday personal activity.
HE SAID WE ARE AT THE STAGE WHERE WE CANNOT AFFORD IT ANYMORE.
Says that's why the young are coming to his campaign.
Interviewer mentioned the interchange with Julie Annie, asked Ron if he backs down from what he said, Ron said NO, that he stands by what he said and explained it again.