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October 10, 2011
White house are temporary tax policies, stimulus, which didnt work when president bush tried it, and spending increases with permanent tax increases. lets look at the permanent tax increases theyre not talking about. in 15 months time the top tax rate on small businesses goes to 44.8%. now theyre going to throw another tax increase on it. ear going to be taxing small businesses at about 50%. according to the treasury department, 80% of small businesses -- 80% of businesses file as individuals. 6...
October 10, 2011
You refuse to budge on the tax cuts? >> what were getting from the white house are temporary tax policies, stimulus, which didnt work when president bush tried it, and spending increases with permanent tax increases. lets look at the permanent tax increases theyre not talking about. in 15 months time the top tax rate on small businesses goes to 44.8%. now theyre going to throw another tax increase on it. ear going to be taxing small businesses at about 50%. according to the treasury department, ...
March 24, 2010
Slimmer. according to an urban league report, it is almost twice as high as it is for whites in this country. joining us from los angeles is judy redmond, hasnt had a full-time job in three years, having two degrees. mark more yell, great to see both of you. to show the statistic for unemployment, 14.8% for african-americans. and 8.5% for whites. 24.7 african-americans living below the poverty line in total versus 8.6% for whites. 47.4% of african-americans own homes. 75% of whites do. 73% of wh...
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About the national polls showle him tied with the incumbent president. with six weeks left in the campaign ras musten at 46% and gallup at 47% show the men in a statistical dead heat. big picture the real clear politics ten day moving average has the president up by about three points, 48.1% to 44.8%. this is the real story that a trails in budgetmy trails in the swing states. down by about 8 in virginia. six in florida and down about seven in ohio, tom? >> well, he is down in these swing states...
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By the way, we should wish him happy birthday. >> happy birthday, senator. >> thank you. happy easter as well. >> he is -- i would say this. he is a serious member of the budget committee. i believe people of good faith working together and i will think it is going to take after the election are going to have an opportunity because you will a the tax cuts are about to expire and we will be. >> a lame duck session and could happen. >> either then or in the first part of next year. >> senator down...
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About 44.8%. we have employers here in wisconsin that pay that tax rate who are competing against countries taxing their businesses like 16% in canada. almost 21% going in england. 25% in china. the world taxes their businesses at 25% and he is saying we will tax these job creators at above 45% with the new tax. what it does is it adds further instability to the system, more uncertainty and punishes job creation and those people who create jobs. class warfare, chris, may make for really good pol...
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Dont think is good for creating jobs and economic growth. you got to have jobs and economic growth if you want to get the deficit under control. >> getting back to the expiration of the bush tax cuts -- >> thats what im talking about. >> right. correct. and it not being a violation of the pledge. does that create some running room? >> no. im saying if you raise tax rates, that is violating a tax pledge. >> you view that as -- okay. >> yes. i view raising tax rates from 35% to 44.8% which is the ...