Rep. Schakowsky on Debt Commission, Obama Budget Speech

MSNBC host Cenk Uygur speaks with Rep. Jan Schakowsky (D-IL) about President Barack Obama's budget cut speech and the Debt Commission.

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[nett103]

TYT interveiws should be renamed MSNBC with Cenk

[theoriginalKland]

@frictionRx9 Actually, it's too bad for you. I don't have to worry about my security/education. The latter of which you would benefit from greatly.

Since I live in an ACTUAL free country.

[coolerow]

the shit is gonna hit the fan pretty soon and people are gonna start rioting. And still nothing will change until a politician gets hurt

[wsoxman]

This bitch couldn't manage a budget for a Kool Aid Stand.

[Kyanlikethepepper]

@eagles980 you obviously don't understand what a tax bracket is. income 1-500,000 taxed 20%, 500,001 or more taxed 75%. that executive you mentioned would make 360,000 and that ceo would make 400,000 (on the first 500,000) and 300,000 for the rest of his money equaling a total 700,000 you douche. go back to grade school i would suggest 4th grade.

[eagles980]

@Kyanlikethepepper Wrong again, moron. The vast majority of people don't make over 500k. The ones that do, or at least have the capacity to, wouldn't want to because they would earn less than someone who didn't. I'll explain this to you as I would to a child. If a CEO made 1.2 million dollars, they would earn less than the executive working under him for 450 thousand dollars with your tax plan. Does that sound fair or make sense to you? Now you see why I call you an idiot.

[Kyanlikethepepper]

@eagles980 Well the incentive to make more than 500K would be the individual making more money, and contributing to a more prosperous country.Lets see if you makes 5 billion dollars, you keep a billion+ of it. make. make 10 billion keep 2+ billion. I know this simplistic plan goes way over your head. its okay, just keep being the greedy stupid person you are.

[eagles980]

@Kyanlikethepepper You're an idiot, plain and simple. The only thing that doesn't make sense with your simplistic plan is the the fact that you think it's a good idea. Where's the incentive to earn more than 500k when someone who earns slightly less than you gets to keep a lot more of their money? You have the brain of a child and deserve to be treated as such.

[Kyanlikethepepper]

@eagles980 wow if that makes no sense, then something is wrong with u. you can disagree, but its not hard to understand, its an idea called tax brackets. the american tax system using it right now.

[eagles980]

@Kyanlikethepepper That makes no sense whatsoever. Terrible idea.

[Kyanlikethepepper]

@eagles980 someone who earns 500,001 would only get taxed 75% for the extra dollar 20% for everything else

[eagles980]

@tfiore22 So do you endorse making Big businesses pay what they owe in taxes? Large corporations are shipping those very same jobs overseas while at the same time receiving money from the government essentially subsidizing job loss.

Lowering the taxes on an already low tax rate (think historically low) will not stimulate the economy nearly as much as you would think. People put that money into savings and the abomination we call the Federal deficit will suffer even more. There are better ways.