Obama: “Absolutely Not” Legitimate For Future Presidents To Use Executive Actions For Taxes

Obama: “Absolutely Not” Legitimate For Future Presidents To Use Executive Actions For Taxes

GEORGE STEPHANOPOULOS, THIS WEEK: How do you respond to the argument, a future president comes in, wants lower taxes. Doesn’t happen. Congress won’t do it – he says I’m not going to prosecute those who don’t pay capital gains tax.

PRESIDENTOBAMA: Well, the truth of the matter is, George, that the reason that we have to do prosecutorial discretion in immigration is that we know we are not even close to being able to deal with the folks who have been here a long time. The vast majority of folks understand that they need to pay taxes, and when we conduct an audit, for example, we are selecting those folks who are most likely to be cheating. We’re not going after millions and millions of people who everybody knows are here and were taking advantage of low wages as they’re mowing lawns or cleaning out bedpans, and looking the other way – but then you got politicians suddenly going out there saying, suggesting somehow that we should be deporting all of them. Everybody knows, including Republicans, that we’re not going to deport 11 million people.

STEPHANOPOULOS: So you don’t think it’d be legitimate for a future president to make that argument?

OBAMA: With respect to taxes? Absolutely not. But what is true – what is true today is we don’t audit every single person, but we still expect that people are going to go ahead and follow the law. And we have limited resources, we have to make sure that we prioritize those folks who are most dangerous and we should acknowledge what everybody has already acknowledged through their actions – and Congress acknowledges through their budget – which is we’re not in the business of deporting millions of people or breaking up families.