Rick Santelli on Taxing Unrealized Profits: ‘Bank Robbers Rob Banks Because That’s Where the Money Is’

SANTELLI In terms all ░░░░░░░░ these things we re ░░░░░░░░ about taxing and taxing ░░░░░░░░ profits I will tell ░░░░░░░░ this Bank robbers rob ░░░░░░░░ because that s where ░░░░░░░░ money is It s ░░░░░░░░ fait accompli We re ░░░░░░░░ so far in the ░░░░░░░░ almost 2 trillion this ░░░░░░░░ if you look at ░░░░░░░░ the numbers they have ░░░░░░░░ find money somewhere Discretionary ░░░░░░░░ that slice of the ░░░░░░░░ is so small you ░░░░░░░░ a microscope to see ░░░░░░░░ You can t cut ░░░░░░░░ way to prosperity there ░░░░░░░░ they have to get ░░░░░░░░ money from somewhere I ░░░░░░░░ at all the piles ░░░░░░░░ money that they re ░░░░░░░░ considering Just think about ░░░░░░░░ you re a baby ░░░░░░░░ You know they have ░░░░░░░░ audit trail of your ░░░░░░░░ money that s a ░░░░░░░░ long There s some ░░░░░░░░ they ll try to ░░░░░░░░ their hands on as ░░░░░░░░ Spending by the government ░░░░░░░░ what they take in ░░░░░░░░ a tax It s ░░░░░░░░ a tax So I ░░░░░░░░ t know how we ░░░░░░░░ going to pay for ░░░░░░░░ of this stuff But ░░░░░░░░ think that we could ░░░░░░░░ off the government trying ░░░░░░░░ get more money from ░░░░░░░░ that s a lost ░░░░░░░░ already They ve already ░░░░░░░░ into that dimension Back ░░░░░░░░ you, Joe.”