Page 20 - Buffet Rule News Today

Presidency. by failing to defend or attempting to defend. failing to even attempt to defend his own record in the face of that, he is just going to let romney pile up points about what a lousy, terrible record he has. and he ♪ going to be able to counter that. and to be able to think that he can win this election, because has got two or three issues where he might have a slight majority in the poll, like the buffet rule or something, and overlook the idea of the massive unemployment, the healt...

Are you ok? >> im sorry. >> "fox & friends" hour two, its happy hour! starts right now. >> the first part of that study is im going to have to start liking beer. >> you dont like beer at all? >> how many years have you known me? >> i know you like one but you dont like beer? i didnt know you had a dislike of beer. >> yeah, i had a one time run-in with beer. that was it. >> really? >> uh-huh. >> mine was with tequila so. >> who hasnt had one of those? >> this is confession now. >> steve, have you...

The richest of the richest of the richest. he is talk 400 people. obama has ran with this to the point where it is all of the rich people. anybody making over $250,000, $300,000 it has changed jie. and the 400 people are not going to pay for much. then it has to be bigger and bigger and then it is $250,000. >> and then people who live in studio apartments in manhattan making that money. >> and bill living under a bridge. >> i thought it was 94,000 millionaires that pay 15%? that is more than 400...

Presidency. by failing to defend or attempting to defend. failing to even attempt to defend his own record in the face of that, he is just going to let romney pile up points about what a lousy, terrible record he has. and he ♪ going to be able to counter that. and to be able to think that he can win this election, because has got two or three issues where he might have a slight majority in the poll, like the buffet rule or something, and overlook the idea of the massive unemployment, the healt...

Unusual skill that anyone in the gsa would need? >> absolutely. when they extend their stays as well and have their families stay over and yet that family vacation is paid for by taxpayers, absolutely, that is all fraud. and certainly the abuse that each of these individuals not only should be held accountable for, but should be paying them back. >> thank you, sir. good luck at your hearings. >> thank you. >> now democrats say fair share. republicans say class warfare. and they are blasting pres...

Capital gains. so what did he do? he brought up a very popular republican, brian, to try to sell it. >> yeah, he did. his name was ronald reagan and he took an excerpt from a speech. lets hear what president obama did yesterday to try to get ahead of mondays vote on whether the buffet bill would actually be passed. listen. >> several years ago, one of my predecessors traveled across the country pushing for the same concept. this president gave another speech where he said it was crazy. thats a q...

Bill: got some breaking news right now. we mentioned that the general election campaign seems well underway and heres more evidence of that. in a moment, youll hear from the president pitching his fair share tax plan in washington. its called the buffet rule, named for the billionaire warren buffet who famously marveled that he pays a lower income tax rate than middle class workers which is kind of true. stephen moore of the "wall street journal," we say kind of because it depends upon where you...

If warren buffett makes a hundred times more money than someone else, he pays a hundred time more tax. why cant we have a flat rate tax system? im not talking down america. you are cut meg red, white and blue. i just want a fair advantage. >> okay, we will have a vote. youre predicting stephen moore, here on this program, that republican minority of the united states senate will support the buffet rule. >> they will not because it raise he the tax rate to 30%. we have to bring our rates down for...

Back. >> was that really the cow noise there or was that toba, the cow noise? >> thats definitely the cow noise. that sounds like a cow in paterson. >> its a cow. >> you know that? you know that exact sound? its a paterson cow? >> i live a couple of towns over. >> moo-ving right along. stock market seeing the sharpest decline in months. the dow jones, nasdaq and s&p taking a big hit but the president was out hitting the campaign trail yesterday. his message -- you guessed it, tax the rich. >> an...

Political gimmick. thats the one side. well hear from the president and his side coming up in a matter of moments when he comes to that microphone in washington. martha: we expect that very shortly, and one of the questions is how much money would actually be raised if you could implement the buffet rule, which i think is about $4 billion in a year, and that, according to some of these numbers, is about the same number as the u.s. government debt runs up per day. so its a drop in the bucket, as ...