Page 27 - Buffet Rule News Today

Row. 3.88 is the national average. what if, and its likely, prices hit $5 a gallon. they put this question to their business roundtable. these are the economic effect of $5 gasoline. unemployment would go back up above 9 percent. ddt would go up 1 and a half percent. many stores wouldnt do so well. harley davidson, they wouldnt do well and the boating industry would get crunched. not only do you need fuel to run the boat, you knead fuel to get to the boat. >> it effects everything across the boa...

>> november is a totally different race. i can tell you someone who has been active for 40 years. im getting bored with this race. bill: come on, compton! this is what you do for a living. even you can find something interesting. >> i still watch it but i wish we were making our case against the president. bill: there may be different headlines today. thats why god made tomorrows. you get another chance. martha: president obama says everybody has to pay their fair share. he says thats what we ne...

Wealth redistribution. its been wrapped, its been wrapped around the idea when its all about the economy when in fact its not. this kind of thing can be very dangerous we have his tore ral precedent for that. bill: you have the suggestion in the buffet rule if i have to right is that anybody who makes over a million dollars a year, whether its income or in vest -plts, likor in vest -plts like a warn buffe warren buffett would pay 30%. >> they say they would raise so much money we wouldnt need th...

Nominee, this will be an interesting discussion. hes the one that put the individual responsibility on the table first. he called ed a model for the nation because we agree with him. people should take responsibility for their own health care. we want to protect these things that are benefits people and mitt romney wants to take them away. >> i was out in the middle of the country and i heard north dakota governor gave the return address to what the president had to say on a saturday. he said th...

Byron thanks very much. good to talk to you as always. >> thank you, martha. bill >> tax reform should follow the buffet rule. if you make more than a million dollars a year you should not pay less than 30% in taxes. bill: remember that? president obama talking about his plan for a buffet rule, a tax on the wealthy. now we find it would barely make a dent in our federal debt. maybe cover us for a week. tax experts say the rule would only generate $47 billion over ten years, that would be a drop ...

Rebuilding schools. rebuilding our bridges, rebuilding our ports. and to pay for this we have to have a tax system that is fair. i was with warren buffet a couple days ago, he says thanks for naming a rule after me. its a very simple principle, the buffet rule, if you make more than a million dollars a year you should not pay a lower tax rate than your secretary. weve said if you make less than $250,000 a year, which is 98% of americans, your taxes shouldnt go up. but folks like me, we can affor...

international wonders if they have faced widespread pressure. opposition fighters have also been accused of crimes. meanwhile, sources tell cnn that syrian president bashar al-assad has rejected the latest peace proposal. 28 people are dead following a bus crash in switzerland according to the swiss news agency, 22 children and six adults died when the bus carrying belgian tourists collided with the wall of a tunnel. it happened on the border of italy as the tourists were returning fro...

Im excited about it. and mitt romney will be the winner of our nomination and will then, i think, beat barack obama in november. >> well, barack obama blames guys like you, the republicans, youre standing in the way of happy days are here again! listen to the president. >> this congress should once and for all end tax breaks for companies that are shipping jobs overseas and use that money to reward companies for creating jobs here in the united states. i put forward a proposal that does just tha...

Its not got it alone. >> are they willing to get in? that still remains to be seen. so well wait and see. listen, again, i think this is a dangerous situation for those rebels on the ground and i think at some point we are going to intervene. but i dont think we have to do it immediately. megyn: we have a couple issues to get through. john bolton has been saying you have got to tread carefully because this could turn into a proxy war with iran. lets talk about taxes. the president went back to t...

For all end tax breaks for companies that are shipping jobs oversees and use that money to reward companies that are creating jobs in the united states. i put forward a proposal that does just that and there is no reason why congress cant come together and start acting on it. this congress could hold a vote on the buffet rule, so that we dont have billionaires paying a lower tax raeupbts their secretaries, that is just common-sense. the vast majority of americans believe its common-sense, and if...