Tom Price: Balanced Approach Means No Revenue Through Tax Hikes

[DonViejo]

Source: TPM

Rep. Tom Price (R-GA) said Sunday on CNN's "State of the Union" that a deficit-reduction deal should not raise taxes but can increase revenue through "pro-growth" reforms.

"We need to look at increasing revenue through pro-growth policies as well as tax revenue," the conservative congressman and GOP leadership member said. Host Candy Crowley pressed him on what he means by tax revenue.

"Tax revenue -- which means broadening the base, lowering the rates, closing the loopholes, limiting the deductions, limiting the credits, and making certain that we identify the appropriate spending reductions so that we have, indeed, a balanced approach," he said.

Price said "tax increases to chase ever higher spending is a fool's errand," instead calling for a "process of tax reforms and spending reductions."

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Read more: http://livewire.talkingpointsmemo.com/entry/tom-price-balanced-approach-means-no-revenue-through

[Paulie]

1. The rMoney plan is dead. Don't sell us what we didn't buy

Forgot the election happened apparently.

[msongs]

13. obama thinks it is still alive nt

[theaocp]

2. I'm tired of this shit

We raise revenue through raising tax rates. End of fucking discussion. QED.

[lexx21]

3. The Zombie Parrot talking point

They just can't help themselves.

[LoisB]

4. I love the "broadening the base" crap. That means people who don't earn enough to be liable for

income taxes now should start paying income taxes so rich folks don't have to pay any more.

[John2]

12. I agree

we have cracked their code language. This means placing the burden more on the people Romney claims don't pay taxes. Now expose them to the voters.

[Fearless]

22. Exactly.

[loyalkydem]

5. Clueless Repuke, let me spell it out for you

We won, you lost. No more your way politics.

[cbayer]

6. Screw you, Tom. You chose the wrong horse, you sell out.

Enjoy the ride.

Sincerely,

you know who I am

[Historic NY]

7. We tried all there shit now its time to go back to what actually works...

to increase the revenue stream.

[Fuddnik]

8. Cocaine is a powerful drug.

Magical Pixie Dust is even more powerful.

[AlbertCat]

9. Just a reminder, Tom

During the Clinton years... the richie rich were still rich

Before Reagan.... the richie rich WERE STILL RICH

Go cry in your Courvoisier.

[Dubster]

10. Spam deleted by gkhouston (MIR Team)

[wolfie001]

11. Republican congressmen from Georgia have no credibilty in Wash, DC in 2012!! nt

[judesedit]

14. Tax cuts for 10 years.Jobs hemorraged from this country.Put taxes back where they were with Clinton

Deficit will come down. Possible surplus again. Close loop holes, raise capital gains, estate, and dividend taxes. Get rid of waste in Medicare. There's plenty of it. Get rid of life long health care plans for Congress people. Let them buy it like we do. They don't work half the time anyway. Take away retirement plans for those civil servants convicted. Raise the cap on the social security tax, etc etc etc. The wealthy get all of the perks in this country. It's time to make the system a bit more fair for all of us. Keep the mortgage interest deduction for those whose homes are mortgaged for under $500,000. Take it away for those who buy homes for more. They don't need it. Thank you very much.

[tclambert]

15. Fine, just allow the Bush tax-cuts-for-the rich to expire and don't call it a tax hike.

Call it a tax restoration if you want. Or termination of a failed experiment. Or stop pretending you care about the deficit, when you didn't fight Bush's deficit creation.

[YOHABLO]

16. This Is the typ of Congressman we have in GA!

There are millions of GA residents that think the same way. Help me get out of the South .. if there's a god, please get me out of here. I don't think I can take it much more. Why is he on TV anyway? No one gives a rats ass what he has to say. Maybe we could march these fools to Oklahoma like they did to the Cherokees. Put all the Repugs on a reservation .. see how they like it.

[Odin2005]

17. Go home, GOP, you're drunk!

[TomCADem]

18. Balanced Apprach Means Cutting Tax Rates for the Rich?!?!?

... and paying for these cuts by making even bigger cuts to programs that benefit the poor and middle class.

[jmowreader]

19. Exactly

"Good morning, Boss. My wife and I sat down and had a long talk last night about the state of our finances. Turns out we spend more than we make paying our bills."

'Can't you lower your bills somehow?'

"No, we tried."

'You can't sell your house because there's no market, and your car payments aren't all that high anyway...so what would you like me to do to help you?'

"Sir, I would like you to cut my pay rate by 20 percent."

'Cut? Don't you mean raise?'

"No sir. Cut my pay."

'That will just make things harder for you, won't it?'

"No, my wife who's a Republican says you'll just give me more overtime to compensate."

'We don't always have overtime to give you, but if you want to chance it then okay...I'll call personnel. They'll probably send you for a mental health evaluation, but if this is what you really want...'

//six months later//

"John, why have you started wearing garage sale clothes to work?"

'Because I had to sell all my nice suits to raise money to pay the bills.'

"And I got to tell you, I am proud of the way you bicycle 35 miles to work one way every day."

'We sold our cars to try to raise money to pay the bills.'

"Would you like to go back to your old pay scale?"

'No sir, I want another pay cut.'

//six months later//

"John! Great beard! You going hippie on us?"

'No sir. I can't afford to buy razors or get haircuts anymore.'

"Bills?"

'Yes.'

"And you seem to be dieting."

'No, I eat once every three days. That's all we can afford. You get used to it after a while.'

"John, stop. The Republican way to balance your household budget just isn't working. You weren't making enough before so you had me cut your pay. Then you were worse off so you asked for another pay cut. Now I have court orders demanding garnishment of your pay. You're skin and bones and you live in a house with no heat because you can't afford to turn on the heat. I can afford to pay you more money. We are going to fix this the right way."

'No!!!!!!!! Cuts only!!!!!!!'

[Ash_F]

20. "broadening the base" means RAISING TAXES on the poor!

Rep. Tom Price (R-GA) needs to be replaced.

[grantcart]

21. Poor Tom, Tom doesn't get it.