Buffet Rule News Today

August 12, 2016 Hillary gave her speech on the economy yesterday, a pure socialist, hate the rich speech. The top 1% are paying 45.7% of the federal taxes while 45% pay nothing – they have no stake in the government. Clinton rails against the loopholes but there aren’t very many of those. Bill’s wife is trying to take credit for a successful auto industry among other things she had nothing to do with, claiming she will bring back manufacturing by punishing companies that leave to actually...

Reduce the seven tax brackets that currently exist down to just three. >> so far i got it. >> well, listen to this. those tax brackets would be the 12% bracket -- >> i like that one. >> the 25% bracket and the 33% bracket. he also says he will increase the standard deduction. now, for the wealthy, he has some added morsels in here. he will repeal the minimum tax and also -- >> clinton promises her tax plan will not raise taxes only, though, on households earning less than $250,000. thats the mai...

Growth and more jobs. everybody tries different ways to get that. i think you and where probably agree that a president has less influence over creating jobs than they say they do. these plans are different. they are true in so far as hillary clinton will raise taxes on the wealthy. those above $250,000, those earning more than $5 million will pay a surtax. the buffet rule would go into effect. on donald trumps side, people will play lower taxes and the top 1% in particular will pay substantiall...

>> weve got a variety of proposals. not only the 4% surcharge which i call the fair share surcharge. the buffet rule which would have a minimum tax rate for people making more than $1 million, limiting deductions to 28% with a charitable exception. going after a lot of the subsidies that, for example, still subsidize the oil and gas industry about $6 billion a year while we have to move toward a clean renewable energy future. so i have put forth plans, paid family leave, tuition, debt-free tuiti...

Its family. >> thanks for that. lets get an early start on your money. asia finished mixed overnight. oil prices tumbling near $30 a barrel. hillary clinton wants to separate millionaires from their money. here is how it works. americans making $5 million a year, would pay 4% additional tax on the income. all other taxpayers unaffected. the clinton camp says it is expansion on the buffet rule named after warren buffet who blames the tax code for his rate lower than his secretary. one whisper...

Helps clean better than the leading flat-textured bargain brand. its 4 times stronger, and you can use up to 4 times less. it cleans better. you should try it, "skidz." we all go. why not enjoy the go with charmin? its warren buffet. the big billionaire officially endorsed hillary clinton. she turned back the buffet rule that would require millionaires to pay a tax rate of 30%. now to the what. its something you may have married during last nights debate. >> i think marco gets it wrong. >> are...

The companies raising their rates proactively. an extraordinarily sober guy said inequality is quote/unquote destabilizing the country. this is not random. this is growing. the fight for $15 is an extraordinary grass roots movement. to your earlier point could progressives and conservatives find some common ground? i actually think we could. we are having a president remember forum in the fall. if both parties talk about st lets talk about the specific solutions. id love to see candidates say i ...

Who wanted until i killed the incentive of the ambitious and listen to this. >> if everybody is getting a fair shot, everybody has a chance to do better. we can build an economy that gives everybody a fair shot. >> when we talk about everybody paying their fair share, americans who can afford it should pay their fair share. >> fair play and shared responsibility. i think thats a fair approach. americans who cant afford it should pay their fair share fair play and shared responsibility. thats wha...

Those who have and give to those who wanted until i killed the incentive ofbitious and listen to this. >> if everybody is getting a fair shot, everybody has a chance to do better. we can build an economy that gives everybody a fair shot. >> when we talk about everybody paying their fair share, americans who can afford it should pay their fair share. >> fair play and shared responsibility. i think thats a fair approach. americans who cant afford it should pay their fair share fair play and shared...

Those big tax loopholes. or it can invest in people who are frying trying to get an edu. what i propose we link the two things to each other. every dollar we pull in by closing the tax loopholes, so we have the buffet rule in place goes directly into reducing the interest rate on student loans. we pull in more money. the interest rate goes down further on student loans. >> there are any republicans who you see on capitol hill who you see a glimmer of recognition. i think of rick santorum, i had ...