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https://www.youtube.com/view?v=C-DqRa7wmyM
Florida Republican Sen. Rick Scott grumbled about the nationwide financial debt on “Fox Information Sunday” — but then frequently dodged queries by Chris Wallace about rescinding the Trump administration’s substantial company tax lower to support spend it off.
Finally, he flatly answered: “I’m not boosting anybody’s taxes.”
“I am not likely to bankrupt this nation,” Scott railed about the Biden administration’s infrastructure program.
“This state has nearly $30 trillion worth of credit card debt and [the infrastructure] monthly bill by itself was a quarter of a trillion pounds of credit card debt. This has obtained to finish,” he added, demanding that the federal federal government “live in our signifies.”
But Wallace reminded Scott of the Trump administration’s significant 40% company tax lower, slashing prices from 35% to 21%. It was the most significant modify to the tax code in three a long time. After the regulation was amended, 2 times as several companies — at minimum 60 — compensated no tax at all.
“You chat about living in just your indicates, you converse about credit card debt, you talk about deficits, the Trump tax cuts — which were being handed in 2017, the yr just before you have been elected to the Senate — is believed by the Congressional Budget Office environment that it will maximize the finances deficit by in excess of $2 trillion,” Wallace shot back. “So should really the Trump tax cuts be repealed?”
Scott at initially dodged the concern, boasting about what a terrific career he believed he did with the Florida budget when he was governor.
But Wallace pressed all over again: “Sir, respectfully, when Donald Trump was president, you experienced this tax slice which additional $2 trillion to the deficit according to the CBO and you did not have the commensurate investing cuts. So the problem is, if you are not going to have the paying out cuts, must you repeal the tax cuts if the credit card debt and deficit are so vital?”
Scott’s closing remedy: “I’m not increasing anybody’s taxes,” adding, “I want to decreased taxes.”
Verify out the whole interview in the video clip up top. Wallace holds Scott’s ft to the fireplace about GOP’s huge corporate tax slice beginning at about 3:40.
