Thursday, October 20, 2011

Video: Rubio grills Geithner on taxes

Video: Rubio grills Geithner on taxes

If anyone doubts that Sen. Marco Rubio has earned his status as the star of the Class of 2010, this clip of his interrogation of Tim Geithner should cinch his reputation. Rubio picks apart Barack Obama’s proposals on deficit reduction and job creation by pointing out how high the top marginal tax rate will go under the plan — all the way to 45%, a large increase over today’s 35%. Geithner protests that it only impacts a “tiny fraction” of taxpayers, but Rubio then hits him with Obama’s 2009 quote about the disaster of hiking taxes at all in a recession. Geithner sputters about deficits and the need to raise revenues, but in the end admits that the economy is in serious trouble:

HOT AIR

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