Our inability to have an honest conversation about the debt is immoral. And I've come here and even last night I spent one hour showing Democrat tax hikes. Fine. But The tax hikes that have been proposed for every category on $400,000 and up only brought in about 1.5% of GDP when adjusted. We borrowed 8.4 last year. We have a math problem and I'm saddened because it will always break down to Republican versus Democrat. It's demographics. (08:18–08:28)
CLAIM
Asserts that proposed tax hikes on incomes over $400,000 would generate only 1.5% of GDP.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.