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now let's talk for second year about
deficit reduction
budget shrinking without hurting the economy okay let's talk about this i'm
going to present you there's so many different things that can and should be
done
but i just want to present three that really does make sense
economically that we should do mitterrand let's put up the image here
which outlines my plan if we can't
okay much love put up also so i can see it if we can just so i know exactly
what's going on there we go this is the logic and reason program for some of the
present to a three point plan number one
we need to increase taxes on people making over two hundred fifty thousand
dollars a year from thirty five percent top marginal tax rate two thirty nine
percent now what's interesting about those numbers number one their way way
way lower than under ronald reagan
one of the biggest tax cutters supposedly mentally politically increase
taxes as we know
but the me in the republican unity let history and facts get in the way of
uh... over of the republican agenda i would never dare do that one
seven everything's eight years in office the top tax rate with higher than then
uh...
the current thirty five percent
in six of those eight years it was over fifty percent i say let's go back to the
thirty nine percent top marginal tax bracket remember on your first two
hundred and fifty k
snot effectiveness just on the money you make above and beyond two hundred and
fifty thousand now this would raise about a hundred and fifty billion
dollars
in a decade okay
they are not now what if what if people say well two hundred fifty thousand
still isn't that rich i'm okay with that you-know-what i would actually say if
you have a family of four living in new york city
and gross two hundred and fifty thousand
it's true that you may not be swimming in money i will i will entertain that
per second
let's raise it to forty three percent
for people making over five hundred thousand dollars a year what about that
common sense here we're not affecting uh... low uh... earners here
does all this
legalized regulate and tax marijuana a deep louis at this point
we know that cigarettes are so
bar above and beyond harmful as this marijuana you know that
i actually get really annoyed when nynex neighbors east uh... that uh... be
smoking in the basement of a trip to my place i found it annoying i didn't like
the smell that being said how can i watch it we argue that cigarettes should
be legal but marijuana should be illegal
legalized regulate and packs were talking about seven point seven billion
a year in savings
because you don't have to spend money policing in prosecuting marijuana
you're talking about six point two billion according to some harvard
estimates in revenue from taxing and this doesn't even take into
consideration
if we change
this this week and change prison policy
and look at what would happen to the cost of incarceration if we get these
people out of jail
yes this is not one of the twenty three points here this is a more images
doesn't hurt the economy the serbian economy brewster bachelor party than
industry here neither do you want to drop her
and what's the big elephant in the room we have to talk about twenty four e
reduced defense spending let's close on the look we've got over eighteen hundred
army bases
backed out of the navy bases about eighteen hundred air force installations
marine facilities in the hundreds italy we have over a hundred installations
do you think we might still be safe
effing italy the u_s_ only had
sixty-five military installations
outfield uses complied field i would say oh let's cut that what about in germany
just the army alone
bases
i'd be safe i think
with only twenty five american military bases in germany i really think i would
unfortunately this is uh...
it seems to be off the table across the board i think it almost as if i don't
have an increase in defense spending yeah
it's this is mindboggling but uh... i think this is the probably the number
one thing we need to do no question about it