Delay Impel Elementing News Today

Basically, they had 16,000 filers who paid taxes on $1 million in income or higher. one year later, after they raised the rate from 40% to 50%, they had only 6 thousand. 16,000 it to6 ,000, a 60% reduction. they saw the lost tax revenue was $7 billion euros. so that is a key pound -- pounds in britain. thats a key loss. it shows how part of the people leaving the country. i dont think that millionaires are leaving america. we are americans. but you can do things to your income to look like you a...

Irveltion this is weird. they voted for it but they dont like it. a tax on a medical device. but now, 17 democratic -- yes, democratic senators are urging a delay impel elementing this tax. but get this -- they voted for obamacare and the tax. we have a representative here. so whats the problem here? >> you know, its very interesting because they voted for t. now they want to delay implementation. in their letter, they specifically say they want to keep jobs and they dont want to hurt the econom...

Medical device people have lobbyists so they go to their favorite senators and they say to their favorite senator, we want a deal. we dont like the obamacare. the senator who is so wanted to equalize this and make this fair, they decide they want special treatment for for the medical devices, but they are happy to have taxes go up in other areas because some of the people whose medicare taxes are going up, they dont have the lobbyists. but these senators have been lobbied. >> if they really beli...

>> shocking. >> greta: shocking. but i dont know how -- i honestly dont know how they send this letter off, thinking we are want going to see it and thinking that, you know, here are the one who is promoted this program, promoted this tax and they want a special deal for their constit wens at the expense -- >> and they voted for it. >> and you know what the criticism is, it is going to hurt profits to -- profits to the tune of $30 billion that. $30 billion in profits, to corporations and why are...

Senate, the dmses and the medical device people have lobbyists so they go to their favorite senators and they say to their favorite senator, we want a deal. we dont like the obamacare. the senator who is so wanted to equalize this and make this fair, they decide they want special treatment for for the medical devices, but they are happy to have taxes go up in other areas because some of the people whose medicare taxes are going up, they dont have the lobbyists. but these senators have been lobbi...

Basically, they had 16,000 filers who paid taxes on $1 million in income or higher. one year later, after they raised the rate from 40% to 50%, they had only 6 thousand. 16,000 it to6 ,000, a 60% reduction. they saw the lost tax revenue was $7 billion euros. so that is a key pound -- pounds in britain. thats a key loss. it shows how part of the people leaving the country. i dont think that millionaires are leaving america. we are americans. but you can do things to your income to look like you a...

A fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with t...

Irveltion this is weird. they voted for it but they dont like it. a tax on a medical device. but now, 17 democratic -- yes, democratic senators are urging a delay impel elementing this tax. but get this -- they voted for obamacare and the tax. we have a representative here. so whats the problem here? >> you know, its very interesting because they voted for t. now they want to delay implementation. in their letter, they specifically say they want to keep jobs and they dont want to hurt the econom...

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