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The John Batchelor Show

#MrMarket: The Biden Administration tax-the-rich assets for a fair share plan. Richard Epstein Hoover Institution

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 17 March 2023

⏱️ 15 minutes

🧾️ Download transcript

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#MrMarket: The Biden Administration tax-the-rich assets for a fair share plan. Richard Epstein Hoover Institution
https://thehill.com/homenews/administration/3894747-bidens-5-trillion-tax-gambit-catches-congress-by-surprise/

Transcript

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0:00.0

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0:04.7

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0:35.6

This is CBS, I am the world, I'm John Badger.

0:38.5

The President of the United States brings force his budget for 2024.

0:43.7

Here to comment, Professor Richard Epstein of the Hoover Institution, he teaches law at NYU

0:48.8

in the University of Chicago.

0:51.0

I go to the editorial page of the Wall Street Journal to hear the comments about the President's

0:57.6

budget.

0:58.6

In part, the President's 6.89 trillion proposal is a political document that sets up his

1:04.3

re-election campaign.

1:06.3

It's spending and tax proposals were rejected in the last Congress under Democratic majorities

1:12.0

and have no chance of passing with a GOP House.

1:15.3

But the budget shows where Mr. Biden wants to take the country if he wins his second

1:20.6

term.

1:21.6

Richard, a very good evening to you.

1:23.5

I entirely agree with that paragraph and politics are part of taxes, your measure of the

1:29.1

President's ambition, not to actually pass this budget, but to have a case to make to

1:35.0

the American people in 24.

...

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