The Daily Caller

The Daily Caller

Chris Christie irks NBC’s David Gregory by calling him an advocate

New Jersey Gov. Chris Christie irked NBC’s David Gregory — and probably won over more conservatives weary of the media in the process — by suggesting on “Meet the Press” that the host was acting as an advocate for Democrats in the way he spoke about taxes.

Christie, a Republican known for his tell-it-like-it-is attitude, disagreed with Gregory’s characterization of the looming battle in Congress over the Bush years tax structure as “tax cuts.”

Christie, saying such word choice drives him “crazy,” said: “This is maintaining the current tax policy in a weak economy, and what you’re advocating through your question is…”

Gregory interrupted: “That’s not fair. I’m not advocating. I’m questioning whether or not they have to be paid for.”

Christie shot back saying the debate over taxes is not about whether to make cuts, but rather is about whether Congress wants to raise taxes during a bad economy.

Also during the interview, Christie called the Tea Party movement a “net positive” for the GOP, though he suggested that voters could have nominated a candidate with a better shot at winning in at least one state. “I think Delaware was a missed opportunity to have a really good United States Senator in Mike Castle,” he said, referencing the race Republican Christine O’Donnell lost. “And that’s why I endorsed him in the primary.”

Christie, as he has done in previous interviews, also ruled out running for president or vice president in 2012, but not necessarily after that. “I’m gonna need a job, David, after 2013, you know?  And so, whether it’s gonna be being governor of New Jersey or doing something else, I have four kids between seven and 17.  I’m working the rest of my life anyway.  So, always gotta be doing something, David.  So, maybe it’ll be that.  Who knows?”

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  • southernandproud

    Ispector General’s office going after Christie now. He must scare these demoRATs to death. Go Gov. Christie.

    http://www.wral.com/news/political/story/8591872/

  • Republicorp

    The tax cuts really only apply to the Wealthy which about 90-95% of us ARE NOT. Gov. Christie knows this & is lying to the American people. He is wording it in a way that will make Dem.’s look bad and his sheeple buy it…hook, line, & sinker. Why would any working class person in their right mind support the Republican party!? If you’re a CEO or a religious nut it makes sense, but other than that…the reason why Republicans won so many seats in the House is NOT proof that Americans don’t support the Dem’s agenda, but rather proof that we are a “nation of slackers”.

    • beepster

      Does the “working man” fund jobs and expand industry?? Not too often, and those are SMALL businesses. Major industry is financed by the 5-10% that you want to take their money away from. If the tax cut isn’t put back into place, my taxes will double, and I’m a long way from being rich!!!!

    • des1

      I love it when the morons come out. Just before the elections the Dems were falling all over themselves to extend the tax cuts to the middle and lower class because they said it would be catastrophic to those groups to get hit with such a high tax increase during a recession.

      So I guess you’re calling Obama, Pelosi and Reid a bunch of liars.

      I find myself torn with pointing out how stupid and utterly uninformed you are, and letting you continue to point out how dishonest your Democrat leadership is.

      Decisions, decisions…

    • The_anniebanannie

      Too much stupid in that post to even address…

      but rather proof that we are a “nation of slackers”……..says the idiot that supports the party of welfare handouts to buy votes.

  • 76United

    PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE run for president Gov. Christie!!!

    • goldbeachbiker

      Second that!

  • Republicorp

    The tax cuts are for the Rich not the working man. What you call wasteful spending are programs to promote the general welfare, which is what happened in the past when the Rich paid higher taxes(I guess 5 houses & cars are not enough). The country got worse under “W” & the most white collar crime in history occurred during his presidency b/c your party only benefits the Wealthy & Corporations. Besides this, we all know that all Republicans aren’t racist but if you ARE a racist, more than likely you’re a Republican.

    • http://www.facebook.com/people/Jasmine-Clark/1785223171 Jasmine Clark

      “The tax cuts are for the Rich not the working man.”

      uh the tax cuts are for a wide range of people…

      “What you call wasteful spending are programs to promote the general welfare,”

      yeah spending money we don’t have will definitely help the general welfare.

      “which is what happened in the past when the Rich paid higher taxes(I guess 5 houses & cars are not enough).”

      the rich currently pay a LOT of taxes. yet the economy is still bad. so putting high taxes on the rich DOES NOT WORK.

      “but if you ARE a racist, more than likely you’re a Republican.”

      you don’t know that!

      stop trying to create class warfare. this is more “evil rich people” vs “poor working man” crap. sigh…

    • des1

      “Besides this, we all know that all Republicans aren’t racist but if you ARE a racist, more than likely you’re a Republican.”

      Actually most racists I know are Democrats. The vast majority of bigots are Democrats.

      Putting aside for a second how stupid you are (and you really are incredibly moronic), the $250,000 number applies to small businesses as well as people who actually have earnings of $250,000/yr. So if you own a business that employs 8-10 people and take a small paycheck out for yourself (say $40,000), but have 300,000 worth of inventory at the end of the year (which is nothing for a small business), you would be forced to pay the higher tax rate for what the government says your business is worth, not what you actually made.

      So if you’re faced with paying more than $100,000 in taxes or laying off a couple of workers and downsizing your business (and making more profit), what do you suppose most people will do, asshat?

      Talking to Liberals about economics is like asking my cat if he’ll help my daughter with her long division homework (except I expect a less intelligent response from the Liberal).

      • hampton

        You really need to stop claiming to be an expert in everything.

        “…but have 300,000 worth of inventory at the end of the year (which is nothing for a small business), you would be forced to pay the higher tax rate for what the government says your business is worth”

        Wrong. If you ever owned a business, which I doubt, I sure hope you didn’t do your own taxes. Inventory is an expense until you use or sell it and therefore deductible. Some is fully deductible, some depreciable. You’re not taxed on what your business is “worth” — you’re taxed on your income.

        If you’re going to continue to throw out pronouncements, attribute the source for your information or, I, for one, will continue to assume you made it up.

        • des1

          Wrong! Not only do I currently own a small business, my father owned a much bigger one.

          But I’m not basing my comment on my own experience (which is with businesses that don’t reach that plateau). I’m basing it on dozens of small business owners who have explained the tax liabilities in various newspaper, blog, radio and television appearances. If you’d like to claim they’re wrong (or that they don’t actually own the businesses they claim to), feel free.

          Here’s one for you to start with. http://www.youtube.com/user/StevenCrowder#p/a/u/1/3hK46E72B1A

          • des1

            If you don’t feel like sitting through the whole video, feel free to start at 4:30 when the owner explains his tax liabilities. They give the name and location of the business, so feel free to call him and let him know you can save him tens of thousands on his taxes. I’m sure he’ll be happy to hear your expertise.

          • des1

            I did make one mistake. I said if the inventory was at $300,000. I rewatched the video and he clearly said if you increased your inventory the government treats it as income. So inventory is income to them (no matter how much you actually pay yourself), but it’s the difference from the last fiscal year.

            BTW, the first time I ever heard that was when a car dealer explained why they were willing to sell off stuff so much cheaper before the end of the fiscal year. Maybe they didn’t know how to run their business either.

          • jonavark

            Des

            I am sure that Hampton’s inventory of only lead pencils and used cups is treated differently by the government.

          • des1

            Honestly, considering this administration’s behavior, I wouldn’t be surprised if there was a special tax break for businessmen who trolled Right-leaning or Conservative web sites.

          • The_anniebanannie

            Des, if the guy had $100 in the bank and $500,000 worth of inventory at the end of last year, bu this year he has $100 in the bank and $1,000,000 inventory – the government if going to say that extra build up in inventory is income because obviously, he bought it with something. He had income from some where or his inventory would not have doubled. Now, if he borrowed the money from the bank, that added to his liabilities, which should offset the tax due on the inventory…etc. That video only tells half the story of how a companies taxes are determined.

          • The_anniebanannie

            Also, should add– if that inventory isn’t paid for, i.e. he owns his vendors for it, then that also offsets the taxes owed on that inventory ‘over cost’.

          • The_anniebanannie

            sorry about the typos — rocking a baby right now. Everybody say “awwwwwww”!!

          • des1

            Awwwww…:-)

            Thanks for the clarification. I think the guy’s point was that he has to invest in additional inventory to be prepared for the orders that could come in (and generate big sales for his company), but he’s taxed on it if it doesn’t go out the door right away. It’s one thing to tax his income from his salary or dividends, it’s another to punish him if he can’t sell off his excess inventory.

            That leaves a business with the options I originally stated. If he’s not sure he can turn over the inventory, then he has to downsize his business to prevent a risk that could put him out of business. I am out of work right now because the music store I taught at got creamed by the state IRS when they changed the rules regarding independent contractors. It cost them something like $30,000 in taxes, fees, penalties and lawyer costs. When the recession started they didn’t have a dime in the bank to hold on because of it (the owner was literally out working part time jobs in other fields to keep the doors open longer).

            To say someone is rich or wealthy because their business generates $250,000 according to what the government classifies as profit is moronic. There are hundreds of examples why and those are just two.

        • The_anniebanannie

          Inventory is deductible? WHA???

        • The_anniebanannie

          Inventory

          Inventory includes almost anything you make or buy to resell to customers. it doesn’t matter whether you manufacture the goods yourself or buy finished goods from someone else and resell the items to customers. Inventory doesn’t include tools, equipment, or other items that you use in your business; it refers only to items that you buy or make to sell.

          You must deduct inventory costs separately from all other business expenses—you deduct inventory costs as you sell the inventory. Inventory that remains unsold at the end of the year is a business asset, not a deductible expense.

          http://accounting-financial-tax.com/2009/08/business-tax-deduction/

          • des1

            Will you do my taxes?

        • clw

          Last time I checked inventory was an ASSET.

    • 86general

      Ok, let’s go line by line:

      “The tax cuts are for the Rich not the working man.”

      All tax brackets were cut in the so called “Bush Tax Cuts.” The only people who didn’t receive a tax cut under his plan are people who don’t pay any federal income tax to begin with. And, uh, it’s a petty, low, class-warfare themed, outright lie to characterize the rich pejoritavely as something other than “working men.” The rich work; that’s how they become rich. Grow up.

      “What you call wasteful spending are programs to promote the general welfare, which is what happened in the past when the Rich paid higher taxes(I guess 5 houses & cars are not enough). The country got worse under “W” & the most white collar crime in history occurred during his presidency b/c your party only benefits the Wealthy & Corporations.”

      Again, more half-truths and outright lies. Bush’s tax cuts benefited all who pay taxes. And corporations are the entities which employ the majority of americans, so how exactly is a pro-business government anti-working man?

      “Besides this, we all know that all Republicans aren’t racist but if you ARE a racist, more than likely you’re a Republican.”

      Let me ask you a question. In the 2008 election, Barack Obama received roughly half of the votes from white voters. He received over 95% of the votes of black voters. Judging by this alone, which group seems more racist?

      The fact is, the current tax law is what it is. What is being debated is not giving anyone a “tax cut.” What is being debated is whether we will allow tax rates to INCREASE on ALL Americans who pay taxes, beginning in 2011.

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