CNBC - Rick Santelli - Taxing the Rich will not Offset the Deficit 4-11-12

CNBC's Rick Santelli, who sounded the trumpet blast that started the Tea Party movement, uses math and actual numbers to explain why taxing the rich will not generate sufficient income to offset the current U.S. government deficit.

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  News & Politics

[Vangrungy]

anyone ever get a job from a welfare recipient?

[Lee Presser]

I am a veteran but do not hate anyone. Tell us, when did you become a HATER and why.

[Gildo Bacci]

ok tax everybody at 100% rate and you'll have...... North Korea

[Gildo Bacci]

and you a are a looter

[glbrowniii]

Rick santelli is a fool with his ridiculous ideological rants.

[mmgoicochea]

if... the government cuts spending. which is not doing and prob. not planning on doing it.

[imrichyournot]

i'm a dumbass said the guy who depends on rich people for a job. i can't care less if you have a job or not. or if any ignorant soul does. you get paid what you're worth.

[William Johannes]

Sad proof that misinformed sheep with no memory of history will believe anything the corporate media shoves down their throats. Truly pathetic.

[greg smith]

dumbass. who do we get our the jobs from? the rich. if the rich have less money spend on things like cars and usda prime steak, they don't need to keep those places open and we loose maybe 10 jobs per million dollars taxed. and reduce it, it woud be like going to the fed bank in nyc and taking 3 ounces of gold. yeah they'd miss it, but hey they have 1000 pounds of gold, 3 ounces they are not going to fee.

[imrichyournot]

taxing the rich will reduce the deficit. the only argument against that is that it will not "OFFSET" the deficit

[xxgg55]

He NAILED it!