Peter Schiff: It’s Better To Raise Taxes Through Consumption Than By Taxing Savings, Income, And Investment.
Peter Schiff: Even if you raise taxes to 100%, we couldn’t pay it off. We’re going to default.
Peter Schiff: Majority Doesn’t “Have A Right To Steal My Money Just Because They Voted For It”
CNBC’s Eamon Javers reports the latest developments on “fiscal cliff” talks in Washington, and debating the financial benefits of raising taxes on the wealthy, with Peter Schiff, Euro Pacific Capital CEO, and Richard Brodsky, Demos senior fellow.