This is a rush transcript from "Your World With Neil Cavuto," September 18, 2008. This copy may not be in its final form and may be updated.
NEIL CAVUTO, HOST: Be patriotic, pay more taxes?
Well, if you are rich and love your country, maybe you should empty your wallet. That is essentially what Joe Biden appears to be saying today. And it has got a lot taxpayers fired up today. And Sarah Palin firing back today.
(BEGIN VIDEO CLIP, "GOOD MORNING AMERICA")
KATE SNOW, ABC NEWS: Anybody making over $250,000...
SEN. JOSEPH BIDEN, VICE PRESIDENTIAL NOMINEE: Is going to pay more.
SNOW: ... is going to pay more.
BIDEN: You got it. It's time to be patriotic, Kate, time to jump in, time to be part of the deal, time to help get America out of the rut.
GOV. SARAH PALIN, VICE PRESIDENTIAL NOMINEE: To them, raising taxes — and Joe Biden said it again today — raising taxes is about patriotism.
PALIN: To the rest of America, that is not patriotism. Raising taxes is about killing jobs and hurting small businesses and making things worse.
(CHEERING AND APPLAUSE)
(END VIDEO CLIP)
CAVUTO: OK, so who is right on this ongoing debate?
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With us now, Democratic Congressman Chris Van Hollen of Maryland, an Obama/Biden surrogate.
What do think, Congressman, that — the idea being that it's patriotic to pay more taxes?
REP. CHRIS VAN HOLLEN, D-MD.: Look, as Barack Obama himself has said, and as we all know, nobody likes to pay taxes. But I would ask Governor Palin a simple question; How do think we're providing equipment to our troops in the field in Iraq and Afghanistan? How do you think we're supporting the wounded veterans who are coming home at places like Walter Reed and other military hospitals? How are we supporting our troops in Afghanistan?
I thought it was patriotic for all of us to be supporting the troops in the field and providing them with the resources...
CAVUTO: So, they're not patriotic now, paying what they're paying?
VAN HOLLEN: No, that's not — what Joe Biden has said is that we are all making sacrifices. We're asking the men and women in the field in Iraq and Afghanistan to put their lives at risk. All he saying was, it is part of our responsibility to provide the resources.
The bigger question here is, how are we going to distribute the burden?
And what Barack Obama has said is that middle America should finally get a break here. And he's put forward a plan that would provide the biggest tax relief to middle America in 50 years. All independent analysts who have looked at this have said that American families in the middle income are going to get...
CAVUTO: All right. With all respect, sir, it sounds like you're trying to put lipstick on a pig here.
CAVUTO: You're equating a dollar value to patriotism, that, the more you pay, the more patriotic you are. I don't think I have heard anything so idiotic in my life.
VAN HOLLEN: That's absurd. And you're trying to put words in people's mouths.
Look, Neil, you do — you do this a lot. But the fact of the matter is...
CAVUTO: No, no, no. Congressman, I don't do it a lot.
VAN HOLLEN: No. Well, you do.
CAVUTO: No, let me ask you, are you...
VAN HOLLEN: That's not what I said.
CAVUTO: Then let me ask you, do you equate...
VAN HOLLEN: I didn't say that you're more patriotic based on more...
CAVUTO: Are you saying that the rich, or the well-to-do, or those with more financial resources, right now, paying, with all their taxes, 50 percent or more to various governments, aren't patriotic because they aren't paying more, and they should pay more?
VAN HOLLEN: I — I didn't say anything of the sort.
CAVUTO: So, explain. Explain what you are...
VAN HOLLEN: I didn't say — what I said was that everybody needs to be part of this effort. Everyone needs to pay their share.