Page 18 - Buffet Rule News Today

Unfairness. we want to see that everyone pays their fair share. its good for society when we all know that no one is manipulating the system to their advantage because theyre rich and powerful. you know who said that, ronald reagan. >> lets bring in the senator from rhode island. senator, good to have you with us tonight. appreciate your time. >> happy to be here. >> these polling numbers look good for the democrats and for the policy that the white house is pushing. what are you hearing on the ...

women want this november and what it means for the candidates. later this hour, a as a leb tee breakup of massive proportions? no, not them. but wait until you see. "weekend early start" begins now. a problem with president obamas secret service detail is overshadowing his trip to columbia, there for the summit of the americas. before the president stepped off the plane, a dozen of his secret service agents were sent packing. and replaced by a different set of agents. according to ...

>> romneys sudden focus comes on the heels of two polls released this week by abc news and "the washington post" which show romney 57% of women say they prefer president obama while just 38% were in governor romneys corner. will, this 92.3% stat has everyone all fired up. thats a pretty dramatic statistic. >> he flipped the script. >> it turned right around didnt he? it is obamas policies that are the war on women, not the war on women that people have been saying is waged in the repub...

Yesterday. do you think in the end deterrence and containment are the only way to deal with north korea? >> we should contain them but you need to go farther. unfortunately theres a cost to doing nothing because they proliferate almost every weapons system it has or has developed. in 20071 reason the last round of talks fell apart was because we caught north korea helping the syrians build a carbon copy of the reactor, they were building it in syria with the north koreans on the site. theres a c...

Contradict some of his claims. william la jeunesse live from los angeles. >> reporter: heather, there is a big debate on the wealth gap even among the growing list of millionaires on capitol hill but democrats did not make this an issue when john kerry ran for president nor did the democrats pass a buffet rule when they controlled the house and senate two years ago, partially because even economists cannot agree on the optimal capital gains rate. but today, it makes for good politics. >> we just...

On the campaign trail but the good news for you is this thing has absolutely no chance of passing the senate. the buffet rule is not going to pass because number one, it doesnt make any sense and number two, we had doug mcelway live from the white house the other day and he pointed out accurately youre triple taxed. you make some money and youre taxed at 35%. ok, you invest the money and make money on the interest and what not, then youre taxed again and then when you die, youre taxed a third ti...

Mitt romney. they are pushing for the buffet rule. which is named for millionaire warren buffet. it turns out based on the presidents tax return he probably pays a lower rate than a lot of secretaries. he paid $162,000 in federal taxes. thats an effective tax rate of 20.5%. some independent analysts say that could complicate the democratic argument against mitt romney paying 14%. >> relative to romney the president isnt making all that much. but relative to the majority of mayor cans the obamas ...

Rule, the buffet rule would, in fact, ive got this the wrong way around. take two, ok. hes inaccurate and misleading because romneys plan for the economy would actually bring in more money to the treasury from the wealthy than does the buffet rule. romney would lower tax rates, cut out a ton of loopholes and bring in more money to the treasury. so to dub it the romney rule is totally misleading. you know, i got to go on with this because look, its also very irresponsible. right now, weve got the...

Returns today. turns out he pays a lower rate than his secretary. just like the billionaire warren buffet. the president has been pushing for the buffet rule to change that. republican rules are fighting it calling it a job killing tax hike. the white house says the president made almost $800,000 last year and paid a rate of about 20%. officials say his secretary made $95,000 and paid a slightly higher tax rate. theyre not telling us exactly how much. in 2010, mitt romney earned more than $20 mi...

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