Ask Fred - Fixing the Tax Code

Back


Fred Thompson answers a question about what he would do to fix the tax code.

Channel: News & Politics
Uploaded: September 17, 2007 at 9:37 am
Author: fredthompson

Length: 00:02:27
Rating: 3.80
Views: 4920

Tags: fred fredthompson president 2008 campaigns politics taxes

Embed Code: Paste this code in your page


Video Comments:
capitalist4life (January 20, 2008 at 4:00 pm)
Paul/Thompson 2008!!!
MarkDouglasC (January 20, 2008 at 3:55 am)
Tax all income types the same. That ONE change would cut the tax code by 90%. Right now, earned income (self employed, wages,salaries, small business profit)pays up to 300% higher taxes than unearned income. (cap gains, dividends). Most of that tax code is written to keep differences in the various ways you make money. Just have income be income - dont treat one way to get an income any differently than another.
jamesdeth (January 4, 2008 at 5:16 pm)
Fuck the IRS
Americanpat (January 1, 2008 at 9:30 pm)
McCain/Thompson 2008
nynewyorktimes (December 3, 2007 at 2:03 am)
I like him as a conservative. But can't he deliver a message as smoothly as Romney? Or at least as technically as Rudy?
youngnhorny (January 8, 2008 at 5:02 am)
I don't even like him, but that's the sad thing, people will focus on that the most, I care less about talking a good game, basically why everyone's hyped over Obama right now...
mrbadx19 (November 29, 2007 at 12:07 am)
Fred needs to give the IDIOTS who "run" Chicago/Illinois a lesson, between DICK, TODD and ROD, they don't have a clue!
Niftytax (November 18, 2007 at 4:27 pm)
If the "Fair Tax" and the "Flat Tax" are steps in the right direction then FRED
My tax concept is ONE GIANT LEEP FOR AMERICANS!
No Tax Until Death will:
1. Lower individual income to Zero in 40 years.
2. Lower employment taxes to 2% in 40 years.
3. Give retirees more money each month than Social Security.
4. Allow stay at home moms to have a retirement account.
TALKUTUBE (October 23, 2007 at 11:59 am)
Hi Sig, I would think that the federal reserve bank would not have to print more money in this type of enviorment. I also forgot to mention that, any savings into a retirement account would be tax free, forever.
Sigkim (October 23, 2007 at 2:15 pm)
Hey there Talkutube. The reason the Fed(through the treasury) prints(creates) money is because the government borrows from the Fed...then charges interest on that money which the government is not able to pay back. No matter what environment exists...the government is always in debt to the bank...(dang 500 word limit)google video "the money masters" for a long explination on some of this.
I bid you a very good day sir:)
Sig