Page 18 - Doesnt Pay News Today

More than anything so that employers will start employing. >> and also, look at-- >> is it a kofrpt-- tax on success? and lets hypothetical had i said you had it at zero and raised the tax somewhere else. a start-up company which doesnt pay actually a lot of corporate tax, theyre he not profitable the yet is going to have higher income tax or any income tax. and youd rather, from the start, maybe this is why america has the best start-up infrastructure and entrepreneurship. theres no penalty on ...

On his tax issue, not only did we see the opening calling for a minimum tax on millionaires but more complications for a tax code that everyone agrees is complicated. >> the 30% is a super minimum tax. we have one but this is higher and basically, when the alternative minimum tax was imposed in 1969, thats what they said. now it applies to millions of middle class families. >> do you think the average american husband and wife out there struggling, sit around the table saying it upsets me that w...

Imposed in 1969, thats what they said. now it applies to millions of middle class families. >> do you think the average american husband and wife out there struggling, sit around the table saying it upsets me that warren buffett doesnt pay as much as in taxes as his secretary. the thing these people have been thinking about is weve had an unemployment rate between 8 and 9% and a economy growing under 2%. >> but manufacturing is back and million jobs. >> and if we give more money to community col...

The government. look, it might be your neighbor or someone down the street that doesnt pay. in this case, they are tracked because the irs has done this since 1993. they issue a report every year to the head of these agencies. here are the people who arent paying up. does the agency do anything about that? were led to believe they dont but at least they are getting a report who is not paying up. >> greta: this is from your article that has a litany. you are say there are two bills stuck in congr...

The government. look, it might be your neighbor or someone down the street that doesnt pay. in this case, they are tracked because the irs has done this since 1993. they issue a report every year to the head of these agencies. here are the people who arent paying up. does the agency do anything about that? were led to believe they dont but at least they are getting a report who is not paying up. >> greta: this is from your article that has a litany. you are say there are two bills stuck in congr...

Plan. >> what do you say about this op-ed? >> what larry is saying we should have short-term stimulus to get the plan going and long-term deficit reduction to get our house in order. the devil is in the details, of course? >> look how much money weve spent on the stimulus, whats it done? >> save the economy. >> has it saved the economy? >> it has saved the economy. >> you call this saving the economy? >> i would say were better off than where we would be. >> it depends. were walking a tightrope ...

>> that was president obama coming to the defense of the middle class last month. according to the white house, tonights state of the union address will be a book end to the populist pitch the president made in that speech in kansas. here with us now, white house senior soeadviser valerie jarre joining us. >> good morning, everyone. >> hello, joe, hello everyone. the president is really looking forward to giving his address, state of the union, one of the most important opportunities for a presi...

Im looking forward to that. >> youre going to love it and i guarantee you theyre going to absolutely love you there. >> a little-known fact when i first ran for congress in 1994, joe gaylord gave me rick santorums plan when he ran in 1990. i was the first republican elected in my district since 1872. rick was in the swing district. and i followed it. so these pensacola people are going to absolutely love you. so -- >> ill never forget, joe, the first day that it was, i we came back for a nafta v...

Go to scorched earth on the lifestyle. were batening down the hatches here. were putting the -- were closing the doors to the fort to keep the enemy out. and so you really got to watch the outgo big time and any income that you have, severance or anything else, pile that up and make that your war chest to plow through this time. and then as soon as you get re-employed, all that pile of money essentially becomes a signing bonus. >> of course, you say to cut back on your lifestyle and stop using c...

The revelation he made the other day that his tax rate that he pays approaches 15%. he still refuses to release his tax returns, even chris christie, the governor of new jersey, one of his biggest backers said the governor needs to release those tax returns sooner rather than later. we have already gotten a glimpse of what mitt romney is trying to hide. that he is completely out of touch and really -- and doesnt pay nearly the tax rate that most middle class americans pay. we need to make sure t...