Armstrong and Getty Interview Tom McClintock 2-7-13 H3 starts 25:30 in
“Karl Rove has done more damage to the Republican Party than anyone short of John Wilkes Booth.”- Tom McClintock
Why not tax out of State companies? There’s a very simple reason for that. Businesses don’t pay business taxes. business taxes can only be paid by us as consumers through higher prices, by us as employees through lower wages, or by us as investors through lower earnings on our 401Ks. There’s no other possible way for a business tax to be paid. So if you increase the tax on out of State companies, they’re selling their products in California? What are they gonna do? They’re going to have to raise the prices of the products they’re selling in California, to cover that additional tax obligation.
The last time they raised taxes massively [in California] to eliminate the deficit, the deficit got worse. The fact is that this has always been a spending problem. When the revenues of this State were at their absolute peak at the beginning of 2008 the State was already running nearly a ten billion dollar deficit, its the spending stupid, and its gotta be addressed at the spending level.
[There’re] Two parties in this country, there’s the evil party and the stupid party and I’ve never had to explain the difference to anyone.
I’ve read the California constitution, nowhere in it does it require California to be governed by idiots forever.
We get the opportunity every two years, we always are assured of getting the government we vote for. If it turns out to be a government we don’t like that’s just nature’s way of warning us to be a little more careful with those votes. [Joe Getty: and so we’re doomed in California] No I uh, I’ve read the California constitution, nowhere in it does it require California to be governed by idiots forever. Its all a question of political will, and sooner or later the California public is going to wake up, and say we’ve had enough of this nonsense. I think they’re waking up now.
20 mins in mentions This Article Tom McClintock on the CBO estimating ObamaCare costing twice as much as expected 21 mins in~
Sovereign Debt Crises; Iceberg of Debt, in the full light of day -
Businesses Do Not Ultimately Pay Business Taxes, Tom McClintock -
“A year ago, the House passed a budget that would have put our nation back on the path to fiscal solvency and ultimately paid off the entire national debt. It would have saved Medicare and Medicaid from collapse and put them back on a solid and secure foundation. According to Standard and Poor’s, it would have preserved the triple-A credit rating of the United States Government,”
(Source: mcclintock.house.gov)
Debate remarks in support of H.R. 2842 (Tipton), to allow small hydroelectric generators to be placed in pipelines and canals that have already passed environmental review. March 6, 2012.
http://www.govtrack.us/congress/vote.xpd?vote=h2012-91&utm_source=@HouseFloor