DEMOCRAT TIM RYAN OF OHIO HAS BROKEN WITH HIS PARTY AND IS
PUSHING FOR SOME TAX POLICY IDEAS THAT DON'T SEEM TOO FAR
OFF OF SOME OF THE RHETORIC COMING FROM THE WHITE HOUSE
THESE DAYS.
HERE'S HIM EXPLAINING.
TO BE COMPETITIVE GLOBALLY WE HAVE TO REDUCE THE CORPORATE TAX
RATE.
WE ARE JUST NOT COMPETITIVE GLOBALLY BECAUSE OF
THAT.
THE GOAL FOR US, AND I KNOW THE DEMOCRATIC CAUCUS, PEOPLE
ARE AGAINST IT, IS TO CREATE THE NEW MODEL.
WE CAN'T JUST BE A PARTY OF REDISTRIBUTION OF WEALTH, WE
NEED TO BE THE PARTY OF THE CREATION OF WEALTH IN
COMMUNITIES ALL OVER THE COUNTRY.
NOT JUST SILICON VALLEY
OR WALL STREET, ALL OVER.
I'VE BEEN TO NEW HAMPSHIRE AND IOWA BUT IF ALSO BEEN TO SOUTH
CAROLINA AND BIRMINGHAM, ALABAMA, I WILL BE UP IN
INDIANA, I WILL BE IN KENTUCKY -- TO GO TO THESE PLACES AND SEE
THE KIND OF GROWTH MESSAGE, OPPORTUNITY MESSAGE, NOT
COMPLETELY ANTIBUSINESS MESSAGE, NOT BEING HOSTILE TO BUSINESS,
PLAY IN DEMOCRATIC CROWDS IN COMMUNITIES THAT KNOW THEY NEED
INVESTMENT AND KNOW THEY NEED GROWTH, KNOW THEY NEED SOMEBODY
TO HIRE THE WORKERS WE KEEP TALKING ABOUT, IF WE COULD
FIGURE OUT THE ECONOMIC QUESTION WHICH IS HOW DO WE GET MONEY OUT
OF THE COASTS AND INTO THE INDUSTRIAL MIDWEST AND CREATE
JOBS IN PLACES LIKE THE ONES I REPRESENT, THAT'S A GAME
CHANGER FOR ME.
TWO THINGS RIGHT OFF THE BAT, FIRST THAT HE EVEN USED THE TERM
REDISTRIBUTION OF WEALTH -- STOP FRAMING THINGS THE WAY
CONSERVATIVES AND REPUBLICANS WANT YOU TO, THAT'S INSANE.
COME
UP WITH SOME OTHER TERM.
EVEN IF I DISAGREE WITH YOUR POLICIES
YOU CAN TRY TO COME UP WITH A WAY TO EXPRESS IT THAT DOESN'T
IMMEDIATELY CONFIRM EVERYTHING REPUBLICANS HAVE BEEN SAYING.
AND SECOND, WITH THIS AS HIS ECONOMIC CORE MESSAGE, HE'S
GOING TO NEW HAMPSHIRE AND IOWA?
YOU COULD PROBABLY SAVE YOURSELF
THOSE STOPS BECAUSE YOU PROBABLY DIDN'T LEARN ANYTHING FROM THE
LAST ELECTION.
IF HE'S TAKING ABOUT 2020 AND THIS IS THE CORE
MESSAGE?
GOOD LUCK.
THAT SEEMS QUESTIONABLE.
THAT WAS PATHETIC.
I DON'T CARE IF HE'S A FRIEND OF THE
SHOW, I DON'T CARE IF HE'S BEEN A GUEST A BILLION TIMES, THAT
WAS A RIDICULOUS ARGUMENT.
HE SAID TAKE THE WEALTH OUT OF THE COASTS.
NOT MAKE SURE BOTH ARE DOING WELL, TAKE IT OUT OF THE COASTS.
THAT IS REPUBLICAN FRAMING, I DON'T KNOW WHERE HE'S COMING
FROM OR TRYING TO GO --
WE KNOW.
HE'S TRYING TO APPEASE CORPORATE DONORS, BUT IF YOU ARE
GENUINELY CONCERNED ABOUT MIDDLE AMERICA AND MAKING SURE THEY
HAVE JOBS AND DECENT WAGES, WHY DON'T YOU DO SOME THING ABOUT
AUTOMATION, OR THE FACT THAT THE PRESIDENT JUST APPLIED FOR MORE
FOREIGN WORKERS TO COME INTO THE COUNTRY AND TAKE LOW-LEVEL JOBS
AWAY FROM AMERICANS?
DO SOMETHING TO PROTECT ACCESSIBLE
EDUCATION.
DO A BILLION THINGS THAT COULD HELP PEOPLE IN
AMERICA ACTUALLY SUCCEED.
WHY DON'T YOU DO SOMETHING TO
PENALIZE THE COMPANIES THAT OUTSOURCE THESE JOBS?
REALLY,
YOU ARE GOING TO TALK ABOUT CUTTING TAXES BECAUSE THAT'S
WORKED OUT SO WELL SO FAR?
WE WERE TALKING ABOUT THE LIKELY PUSH TO SLASH TAXES, HOW
SOME DEMOCRATS WILL ALMOST CERTAINLY SIGN ON TO IT, THAT'S
BAD BECAUSE IT INCREASES THE CHANCES IT WILL GET PASSED, AND
THEY CAN ALSO SAY IT'S BIPARTISAN TAX REFORM, IS IT
POSSIBLE HE WILL BE ONE OF THOSE?
YOU DON'T ENTER INTO THE
NEGOTIATIONS ALREADY HAVING SURRENDERED SO MUCH.
ON THE
OTHER HAND, NANCY PELOSI ADDRESSED TRUMP'S PROPOSED TAX
PLAN BY SAYING THIS --
YOU HAVE TO SAY MORE, BUT THAT IS THE FIRST BLOW AGAINST
THE TAX PLAN, THAT IT IS FIRST AND FOREMOST AND ONLY FOR
BILLIONAIRES.
NOT THAT IT'S THE PATH TO COMPETITIVENESS GLOBALLY
FOR AMERICAN CORPORATIONS.
I HAVE TO JUMP IN ONE MORE TIME AND GET IT OUT OF MY
SYSTEM, THEN YOU CAN RAGE -- HOW MANY CORPORATIONS, HOW MANY
BANKS, PAY NOTHING IN FEDERAL TAXES?
NOTHING?
IN FACT, THEY
GET A TAX REBATE.
HOW MANY OF YOU MIDDLE-CLASS AMERICANS,
WORKING-CLASS AMERICANS, HAVE TO PAY FEDERAL TAXES?
AND IF YOU
DON'T YOU WILL HAVE THE IRS BREATHING DOWN YOUR NECK, NICKEL
AND DIMING YOU.
BUT ALL THESE GIANT TELECOMMUNICATIONS
COMPANIES AND BANKS THAT PROFIT -- THE EFFECTIVE CORPORATE TAX
RATE, THEY PAY LESS TAXES THAN WORKING-CLASS AMERICANS AND THIS
ASSHOLE HAS THE AUDACITY TO STAND THERE AND SAY THEY WILL
CREATE JOBS.
WHAT THEY DO IS CONTINUALLY CUT JOBS, OUTSOURCE
THEM, AUTOMATE THEM, AND BASICALLY SCREW US OVER.
THAT'S WHAT THEY DO.
JOHN AND ANA MENTIONED ABOUT FRIEND OF THE SHOW, AND ALL
THIS.
WAS, I GUESS.
A LONG TIME AGO, IN A PLACE FAR FAR AWAY, ON
WILSHIRE, WHEN WE DID THIS SHOW AND HAVE A LOT MORE GUESTS, IT
WAS A THREE-HOUR SHOW, RADIO AND ONLINE, TIM RYAN WAS PROBABLY
THE CONGRESSMAN WHO MOST CAME ON THE YOUNG TURKS.
WE APPRECIATED
THAT, I LIKED HIM PERSONALLY, I WENT OUT A COUPLE TIMES IN DC
WITH THEM, ETC., BUT THIS TO ME IS NOT PERSONAL, THIS STATEMENT
OF HIS, AND THIS IDEA, IS 100% WRONG.
AND THIS HAPPENS TO
PEOPLE, MAN.
I DON'T KNOW WHAT HIS INTENTIONS WERE WHEN HE
FIRST CAME IN, HE WAS VERY YOUNG WHEN HE DID, HE WENT AGAINST AN
INCUMBENT, BEAT HIM, ETC., BUT I DO KNOW THAT WASHINGTON SEEPS
IN, AND I'M SO GLAD WE DIDN'T BASE THIS SHOW IN WASHINGTON,
DC, BECAUSE IT'S TOXIC AND GETS INTO YOUR SYSTEM.
YOU CAN PUT
ASIDE HIS INTENTIONS OR WHAT HAPPENS TO HIM, JUST JUDGE HIM
ON THE POLICY.
AND THE POLICY IS DISASTROUS.
AND THE FRAMING IS
DISASTROUS, YOU ARE ABSOLUTELY RIGHT.
WHEN YOU HAVE A DEMOCRAT
SAYING WE SHOULD STOP REDISTRIBUTING WEALTH, YOU JUST
HANDED REPUBLICANS A GIANT GIFT.
YOU TOLD THEM DEMOCRATS ARE THE BAD GUYS WHO REDISTRIBUTE
WEALTH.
CAN WE START IT BEFORE WE STOP IT?
IF YOU WANT TO DO THE RIGHT FRAMING, AND IT'S NOT JUST
FRAMING, IT'S REALITY, THERE IS A PARTY HERE IN AMERICA THAT HAS
REDISTRIBUTED WEALTH, IT'S THE REPUBLICAN PARTY.
CORPORATIONS
USE TO PAY ABOUT 35% OF THE TAXES IN AMERICA, NOW THEY PAY
11% OF THE TAXES IN AMERICA.
FROM 1952 TO 2015, THAT'S THE
DIFFERENCE.
WHERE DID THEY REDISTRIBUTE THOSE TAXES TO?
TO
THE PAYROLL TAX, WHICH IS PAID BY MIDDLE-CLASS AMERICANS, THAT
WENT IN THE OPPOSITE DIRECTION FROM AROUND 10% TO AROUND ONE
THIRD OF ALL OUR TAXES.
CORPORATIONS REDISTRIBUTED THE
WEALTH SO THEY GOT TO PUT IT IN THEIR POCKET AND THEY MADE YOU
PAY FOR IT. AND INSTEAD OF MAKING THAT CLAIM, WHICH IS
BASED IN FACT, HE HELPS THE REPUBLICAN TALKING POINTS BY
PRETENDING THE DEMOCRATS ARE DOING REDISTRIBUTION OF WEALTH.
I CAN SHOW YOU EXACTLY HOW TAXES HAVE GONE DOWN PRECIPITOUSLY,
THE EFFECTIVE CORPORATE TAX RATE, AND TAXES FOR THE RICHEST
PEOPLE IN THE COUNTRY.
IN WHAT REPUBLICANS CALL THE GOLDEN ERA,
OF THE 1950S AND 60S, THE HIGHEST MARGINAL TAX RATE WAS
91%.
THAT'S NOT 91% OF ALL YOUR MONEY, IT WAS AFTER A CERTAIN
AMOUNT, IN TODAY'S DOLLARS AND MIGHT BE AFTER 10 MILLION THEY
START TAXING YOU AT THAT RATE.
WE HAD A BOOMING ECONOMY, WAGES
WERE GOING UP ALONG WITH PRODUCTIVITY.
INSTEAD NOW WE
HAVE IS A UNILATERAL SURRENDER.
AND IT'S NOT SURRENDERING TO THE
REPUBLICAN PARTY, IT'S SURRENDERING TO THE DONORS
BECAUSE THE DONORS PAY FOR REALLY STRONG REPUBLICANS WHO
PUSH THE POLITICAL SPECTRUM TO THE RIGHT, AND REALLY WEAK,
COMPLIANT DEMOCRATS WHO GO THE REPUBLICANS ARE SO RIGHT.
THOSE
DEMOCRATS, THEY JUST KEEP TAKING FROM THE POOR RICH, THOSE POOR
MULTINATIONAL CORPORATIONS WHO JUST CAN'T SEEM TO CATCH A
BREAK.
AND WHAT ON GOD'S GREEN EARTH ARE YOU TALKING ABOUT
TAKING MONEY OUT OF THE COASTS AND PUTTING IT IN THE MIDDLE OF
THE COUNTRY?
IF YOU WANT TO TALK ABOUT JOB CREATION, THAT'S
GREAT, WE ARE ALL IN FAVOR OF THAT.
HERE, BE IN FAVOR OF MAYBE
A $2 TRILLION INFRASTRUCTURE PACKAGE, WHY DON'T YOU INTRODUCE
THAT PACKAGE?
WHICH CREATES ROADS, BRIDGES, CLEAN WATER
ACROSS THE COUNTRY, AND WOULD CREATE JOBS ALL ACROSS THE
COUNTRY, WITHOUT PUNISHING THE COASTS.
YOU SOUND LIKE A
WEAKSAUCE REPUBLICAN, WHICH IS EXACTLY WHAT THE DONORS LOVE.
AND LAST THING, THIS GUY CHALLENGED NANCY PELOSI, AND I
HAVE NO LOVE FOR NANCY PELOSI, I THINK SHE IS WAY PAST HER TIME,
BUT ON THIS ISSUE SHE IS EXACTLY RIGHT, SHE HAS THE RIGHT
FRAMING, AND YOU THOUGHT IT'S A YOUNG UPSTART CHALLENGING NANCY
PELOSI, I DIDN'T KNOW THAT RYAN WAS GOING IN THIS DIRECTION,
MAYBE THAT'S A GREAT THING -- NO, FORGET IT.
YOU'RE TELLING ME
YOUR GENIUS IDEA IS TO CHALLENGE THAT THE PELOSI FROM THE RIGHT?
LOOK AT WHAT CONGRESSMAN RYAN SAID THERE -- I'VE BEEN TO IOWA
AND NEW HAMPSHIRE, BUT I ALSO WENT TO SOUTH CAROLINA.
THAT'S
THE THIRD VOTING STATE IN THE PRIMARIES.
THAT'S NOT AN ALSO,
THAT'S NOT A BUT, THAT'S AN AND.
YOU WILL RUN FOR PRESIDENT AS A
FRESH FACE AND YOUR FRESH IDEA IS TO DO THE SAME THING
DEMOCRATS HAVE BEEN DOING FOR 40 YEARS, BOWING TO REPUBLICANS AND
CORPORATE DONORS?
SAD, SAD END TO A ONCE PROMISING CAREER.
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