Geithner: Rich Should Pay More for “Privilege of Being an American”

Moving on to CNBC Squawk Box, this is the Geithner bite, Timothy Geithner. The senior economics reporter Steve Liesman. And Liesman says, “You have proposed, $2.1 trillion dollars in gross revenues the president has through 2022 in the budget, and yet it seems like almost all the additional revenue is taken up with additional spending. Where is the real deficit reduction?”

If you don’t ask the most fortune Americans to bear the slightly larger burden of being an American. So they’re gonna put a price now on the privilege of being an American. All you had to do was be born to be an American. That’s the regime for you. Remember Joe Bite Me, it is our patriotic duty to pay more in taxes.



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