So today I'm glad to be sitting here with my friend bill passed ground from the ninth district in New Jersey and we are friends, we've been friends for a long time and you came to Congress the same year that I went to the state Legislature. Now, so this is a 20 year veteran here and ranking members future. I love on the time yeah but you know better remember here on our ways and means so I wanna talk to you a little bit about trumps one pager sure also known as a tax proposal. We call attacks got they call it also known as I like yeah yeah so first, let's talk about Sound how this impact New Jersey on what is that mean that he's going to eliminate so called estate tax. You know and who really are the winners versus losers here on us. I can tell you that the winners here just like the one as we're in two thousand one and two thousand three, saw the disasters results of those major tax cuts. We run out of money and literally the whole bottom fell out in two thousand seven and two thousand eight that's where it is now so text cuts sound great who doesn't want attacks car come on, but when you reduced revenue, then the States could hurt more Shortly people get hurt so with New Jersey, uh with what he's proposed to cut its devastated, all many shows for programs education. One thing after another and now because they want to simplify the taxes they are going to try to cram everything on a post card. You know to do that. They want discourage people to uh. Don't do your usual deductions in New Jersey uh Um we can deduct the mortgage injures for instance, if they ever they were giveaway without the federal government. Uh we're gonna be in the bond that made me not be the reason why New Jersey and buy homes but keeps them and yeah they conduct that and we can deduct also throughout the entire country as well as function New Jersey the taxes we pay locally and attacks or you pay in the state and I think it's really important because we already know we only get like 60 60 17 the dollar, that we say we're gonna get much love we've always been a giving state always the little only have Red donor state and we Better than go to all this, hyperbole cutting taxes, the taxes we cut in two thousand one and two thousand three did not lead to a bone man. You take the jobs that were created during obama's eight years and the jobs that were created and Bush eight years Bush, a years pale compared to one word brand and don't forget the position that Obama hurted. he Hurt in a condition where the country was falling apart and then up to which I am balls and on able to invest, help invest and partnerships with the business community and no one was investing at that. When he took over and we were losing 800000 jobs a month but always look at where the person started, but you know I know where Bush started. He started with a surplus from Clinton. Yes. All without Internet bring, but we also know that this even we have this is sketchy yes, this so called plan. Obviously so yeah purposely so, but what we can read it's is clearly another integration of triple down economics is so they talk about me in this state plan People kind of react to that like maybe it's gonna be helpful to me if someone in my family uh dies and leaves me something but at the end of the day, what is this mean. Well fund for moon does this bill apply buying your we're in the Democratic party in the state Legislature and you heard this state by state tax. Finally did that mistake yeah this is the the federal job the opposition has conveniently And interestingly, uh could bench all Americans there's a pay day when you go to the other side when we go to yellow for ground. That you're you're family's gonna, have this big pool money. This state tax cutting it out applies to point zero. Zero zero one percent the public, a little over four thousand and States and the whole country The show now I hope you're started shit back. You don't was a pay check on you. Gotta be kidding many balls we're doing is providing tax cuts to people who first of all didn't ask for and don't need and also we trying to do is do that on the backs of the Middle class in the books like us, but it kinda seems to be what's happening as for you call as well as a corporate in everywhere, you look at that looks like the only winners are those that are very, very wealthy and we got a question. What is this mean for even the President, United States of America. He won't share his tax returns. We don't know what benefits you get to Day we know that with that one pager that was released them for the two thousand five tax return, just on that information. He would be a beneficiary to the point. 28 point some money dollars and 27 of that has to do with pastors group and now they're doing even more with past was so I mean I know you been a leader on trying to get this President January first day for a lot of time, a lot of time, but how, from you and a lot of other people to get his taxes because I three committees and the United States Congress. I can do that on the 19 24 law and the tax code in the irs code. As a ways and means Committee, the joint Committee on taxation, uh just the Senate finance to me that's it. We have the farley in the power when I try to stupid to people's private business every other president's come forth and giving us his tax returns that can, since gerald Ford and every one of them have come through giving us tax return so that not just the two pages of the 10 40 but all of the schedules that go with it so we can Shit where you've invested your money and what's going on by the way over in this country in Asia, that you put a lot of money, build hotels. There. What is relationship between you and the government that's the only way am track complex of interest bottom and not being day yeah. I can be troubling. It one of greatest most troubling aspect here is everyone's gonna focus on this relationship work, whatever this relationship is between Roger and, I end trump As the release financially and other ways and have an impacts, our farm pollen sending in our domestic miles, easy but it's not just Russia, no it's the Philippines is trying to help because it's an artful over 30 countries in about 540 50 advance when partnerships who, in partnership the actors so one thing that we know you want a programs. We look at this proposal is that anybody and that very, very, very high and well the level individually or collectively or corporately. There the benefit lives Absolutely, and here at the same time, this is this proposal does not generate new revenue. They would take revenue away from us. They try to midnight this in Kansas and they found that the just about one Bank governor dot Gov of wishes the to redo on this because what happened, we took so much money out of the revenue out of the Treasury that they could do the things and they had about all of some of the commitment step a man there's no revenue. What do you know you gonna buy more money. All this Awe position has been the party of supposedly stared, where attacks and spending people they expect. Like a bunch of junk, is saw sellers and I don't wanna give some was a bad name. These people have talk out of both sides of the mountain. Let's say the way it is let's say waiters. They say that this a work, five fresh, five trillion dollar deficit in our um in our revenue base upon this world you're different yeah that doesn't sound, very Republican well, I should be in terms of their rhetoric that their actions you're actually running this is why they didn't have this wait for the report on this fraud, a healthcare bill that they put forward that's. why I didn't do it because they know what the is she gonna come in every health group in the country, just about every now. Health to the cancer society, a a peek diabetes. You name you name. It the am a came out against the show and stage it took seven years to bring this. They keep it in to us. You give me just ask you to last questions and then you can say whatever you wanna say, sir, I know that Republicans are meet on things that are obviously bad that in their conscience and in your heart that could possibly support so what are your colleagues on ways and means what they really think About this President hiding his tax returns and at the end of the day, do you think that taxpayer poses sees a later day. Well, uh they're gonna. She uh. She delighted day because people 75 percent American people want to stuff 21 tax reform. No laser tax cuts, yes afford the very well the fun percent American people wanna see presence tax returns running well. I'm sorry yes, under the body I'm taking because they wanna know if the president's free from any potential Conflict adventures no one problem, one our President, our President, Obama was dollars in the preamble and not one his ethics. Personal meister or just give you to the aca normalize your was that was known as Mr now, but that's the job of the other who's the pixar that's going to put around and help the President and straighten is on Watch out they don't want anybody like that shrub who is the President ethics is our share. This President, you have so many conflicts, adventures you have not invested yourself in my name. Your businesses, your stone business band you're me you're in business and you mean the President of the United States of America, even though you should, while my kids are gonna, do this, it there they got offices in the White House. What are you talking about here. Well, let's talk about his son's secret service has to follow his And, as a goal drinking around the world to increase their trump brand when they increase that value that trump brand under the conditions and this President has engaging some his start. This location from he still benefits not when does a benefit in the future right now you can change it. Conditions and get whatever you want out of his out of his company interest right now, but bunny. I know who you are. You want to President and his family to succeed, not on our backs I want to country bad shit and them we want. Everybody to six. You don't want this country to it fatigue number one. My President to be the President of all box absolutely um. Thank you for coming in the young British I'd. Like to do this again, I don't wanna put anybody to sleep. Are you couldn't possibly put everybody. Thank you dirty we'll, be back