Page 2 - Fair Tax Code News Today

you decide. martians, our sunday night mystery and much more right here, right now on cnn. hello, everyone. im don lemon. thank you so much for joining us. we begin tonight with the crisis facing the secret service and the obama administration. congress and peter king is concerned about the agencys future. >> we have to find out what is going to be done to ensure -- or to minimize the possibility of this ever happening again. i have great regard for the secret service. i believe dire...

martians, our sunday night mystery and much more right here, right now on cnn. hello, everyone. im don lemon. thank you for joining us. we begin with the secret service crisis. congress will hold hearings over the agencys prostitution scandal. they will look at what happened in colombia and all that led up to it. meantime, congressman peter king is concerned about the agencys future. >> we have to find out what is going to be done to ensure or to minimize the possibility of this ever...

in fact, generally speaking they get back 4.8%. im going to put a few kernels into their pot because they are not paying taxes. lets look at another group. this bag represents people who earn between $30 and $100,000 a year. thats about 40% of households in the united states. this group represents a contribution of 18%. 18% of the total personal tax revenues come from here. im going to put about two handfuls of popcorn in the bowl to represent the taxes they pay. this bag represents pe...

eat? >> if youre not down with it, get the [ muted ] off my channel. >> artists protests. >> what the -- are we really shocked by in of this? the stories youre talking about. first, the news you need to know right now. were watching and waiting for the moment that george zimmerman walks out of jail. now his attorney says it could take until the middle of the week to come up with $15,000, 10% of the bond the judge set on friday. zimmerman is charged with second degree murder for shoot...

Opposed to raising revenue in any way, one party that will talk about raising revenue at the upper end but has not been able to put it into effect. i despair of whether we can make a more fair tax code. im turning to you, senator, to wrench me back from the precipice of despair. >> dont despair too much, chris. i think, first of all, this was round one. this will not be the first or last time that a special interest in washington was able to take one hard vote. maybe two hard votes. with the kin...

Rhetoric, the give -- he will be talking about with a more fair tax code. its interesting to see how the republicans have prebutted this straight of the union. >> it sounds to me like the same old policies that we have seen. more spending, higher taxes. more regulations. the same policies that have not helped our economy, they have made it worse. and if that is what the president will talk about tuesday night, i think its pathetic. >> not happy with leaving pathetic be the final word, this was r...

Fashion. he wanted to overhaul the nations health care system. he wants a more fair tax code. >> those are methods and ideas and those are things that lot of things we can talk about. thats not a prism. a prism says im going to take this country through prosperity, to hire people to solve its problems. i dont know how to do that because im going to ask people that. thats what any leader would do and say maybe its tax code. maybe its trade reform. maybe its bank reform. theres no -- not a destina...

You could argue they ought to broaden the base and do away with the loopholes and some of the deductions and preference that exist in the tax code today. most americans would prefer a simpler more clear and more fair tax code but you have to get the rate reductions to go with it, otherwise, most republicans are going to view it as a revenue increaser when most republicans view the problem, the definition of the problem being one of spending. so could we get tax reform? i think so. a lot of the g...

What i see is one party imposed to raising revenue in any way. one party that will talk about raising it at the upper end but not able to put it into effect. i despair if we can make a more fair tax code. im turning to you senator to wrench me back from the precipice of despair. >> dont despair too much. i think, first of all, this was round one. this will not be the first or last time that will a special interest in washington was able to take one hard vote. if we keep coming at this issue, soo...

One party that will talk about raising it at the upper end but not able to put it into effect. i despair if we can make a more fair tax code. im turning to you senator to wrench me back from the precipice of despair. >> dont despair too much. i think, first of all, this was round one. this will not be the first or last time that will a special interest in washington was able to take one hard vote. if we keep coming at this issue, sooner or later we will win. its important to keep coming at this ...