Arrest him and round up his major supporters/allies. We need to make an example out of him.
I hold Trump and his cultish followers in utter contempt as well, but two wrongs simply don't make a right. There needs to be a formal investigation into the nature of his comments and, if they are judged illegal, then have him convicted. While his supporters are reprehensible for defending even these actions of his, they have not necessarily committed any crimes. To punish them would be a serious violation of their constitutional rights.
Aside from that, Trump is a total disgrace and, based on the video, he is inciting violence or, at best, being incredibly reckless with his choice of words. If this won't motivate the GOP leadership to abandon him, I can't imagine what would.