Page 16 - Buffet Rule News Today

>> after the second world war, we had zero competition for 2, 2 1/2 decades as the observers were sent to world war. the only major industrial country that was not attacked and thats why we had unprecedented expansion so its completely a red herring to talk about that period of growth since it was in spite of it. and it was because of the historic one that will never happen again. >> bill: anyway in that category, there were hundreds, not thousands at the top level and the top level was really a...

>> love the way that ended. >> as a politician, you get dragged into those things or cant you say i dont want to be part of that. >> i dont want to kiss a pig. >> you have to be prepared and understand that if youre going to have something like the muppets, you got to go along with the joke. michael bloomberg looked like he was having a colonoscopy right there. ive never seen anyone look more uncomfortable in my life at a public event. >> a smile wouldnt kill you, right? >> no, you just got to r...

So whether theyre headed for london or the journey has just begun... they rely on copper to go for the gold. duracell. trusted everywhere. >> sean: the numbers are causing a problem for his reelection team. in 2011 his reported income was about $790,000. they paid roughly $162,000 in taxes. here is the thing. the president has crisscrossed the country trying to sell his buffet rule based on how much money they made it would not

Stamps and forget about poverty. but the reason we are paying people and extending long-term unemployment benefits so that there is not a revolution and people uprising in the streets. we are paying people and the point is, not for the fact we have long term unemployment benefits. but people dont have jobs. you can see people sitting on the couch saying i dont want to work. for the most part americas are not bum and it is they dont want a check from the government. they want a job. what the gove...

Well, you just heard president obama invoking ronald reagan and claiming that his latest plan attacks the rich is all about fairness. the president officially endorsed the so-called buffet rule in the swing state of florida tuesday, calling for a minimum 30% tax on those making more than a million dollars a year. his campaign clearly things it is a political winner, but is it good policy? lets ask "wall street journal" columnist and deputy editor dan henninger, columnist mary anastasia ogrady, j...

Both parties are all rich, which is there theres ambivalence about the buffet rule, because they pay it. >> im not in that category, by the way. have the media done their due diligence on the buffet rule? whats the figure? 36.7% of all income taxes are paid by the top 1%, and 70.5% of all income taxes are paid by the top 10%. >> were beginning to hear even if the buffet rule were enacted it would still account for a small portion of one day of federal spending. i mean, i think the media are tryi...

To call for this idea, that everybody has to do their fair share. if it will help convince folks in congress to make the right choice, we could call it the reagan rule instead of the buffet rule. >> so how about that reagan razzle-dazzle? did the media buy it? >> the rolling you hear is president reagan turning in his grave, to suggest hes a wealth distributor. some folks in the media took him on on this, scot pelly and others on cbs said you cant compare your economic strategies to what preside...

Spotted in oklahoma. forecasters are predicting life threatening storms for the nations midsection. controversy surrounding the secret service today. dozen of agents traveling with the president in columbia are now sent back to the u.s. amid allegations of misconduct. they are telling fox news that the incident involved prostitution. and a new crew of agents sent in to replace those people. there may know criminal charges in the gsa spending scandal. this has a hearing on capitol hill to look in...

Ability to really -- to do much about it. and in that respect i give romney a lot of credit, in that he was more effectively able to spin the media effectively to drive his narrative we were. you know, thats -- that was just the relate of the situation. >> well, romney has one more campaign under his belt. fair criticism or sour grapes? >> no. sour grapes. it sounded that way. by the way, it was also inarticulate. there was a fantastic column, snarky column, saying even the flag behind him when ...

More in taxes for those making a million. >> right now we have significant deficits to close and serious investments to make to keep our economy growing. we cant afford to have tax cuts for the belthiest of american. >> donald trump who once considered a run for the white house himself is continuing to be an outspoken voice in the gop presidential campaign. we sat down to get his take on the proposed buffet rule and the 2012 race. >> talk about the buzz of the buffet rule and lots of news genera...