Progressive Tax Code News Today

extradition to the u.s. the rally in iowa has been canceled due to weather bridport governor desantis is in the early presidential caucus state today. first lets go to bill melugin live at the border in brownsville, texas. bill, what is the latest there? brian coming in brownsville for the many cities that declared a state of emergency. brownsville sink thousands of illegal crossings every day this week. massive numbers and as a result of that border patrol i did mass releases. take lo...

weather. he was expected to trot out his own endorsements during that event. alexis mcadams is live in sioux city, iowa force. >> good evening from iowa but this is a redid expect to see former president donald trump headline with they said was going to be a big rally that was sold out with thousands of people bring medicine one of the case but we did catch up with florida governor desantis. i had a chance to talk with him about what he says is a mess right now from the white house. sp...

State has nearly $32 billion budget deficit. about $10 billion more than the estimated january. this after a task force he established recommended billions of dollars of cash reparation payments to black residents for slavery. alexandria hawk has more on all of this. >> critics have blamed the progressive tax code for the budget strain. its wealthy taxpayers some have left and left the stop where the shortfall governors and protected back in january turned out to be an underestimate yesterday he...

Have artie taken the giving pledge to give over half a million to good causes while i am alive. i believe in a much more progressive tax code and introduced a wealth act a year ago. i do not believe that we should stop the free enterprise system. i dont believe that we can have a prosperous growing innovative competitive economy without a private sector. im somebody who understands that if we are going to grow, we have to rely on the innovation of the private sector. and we have to change some t...

Be putting an arbitrary lead on the dreams of americans. i dont believe that we should be telling americans that their ambitions can only go this far and no further. i do believe in a more progressive tax code. i do believe that the money has been split unfairly. over the last 40 years. and i have the numbers to prove it. and i think it is wrong. and i think that working people have gotten the short end of the stick. and i would absolutely work like crazy to undo that. but unlike bernie, i dont ...

The bottom 50% pay less than 3%. we have the most progressive tax code of any large industrial countries around the world. it is factually incorrect. heres another point. you should be incentivized. you should get rewarded for your hard work and your investment and risk-taking. this is one of the things donald trump has done. he and the war on business. he stopped punishing success. he said to men and women, take a look, by your own company and start producing and creating jobs. thats the new fa...

Their fair share of taxes, i will. >> bret: what do you say to people who say people need to pay more at the top of scale, this is what they are campaigning on. is that going to strike a chord? >> im putting socialism on trial. look at the facts and figures, the top 1% pays almost 40% of the income taxes, the top 10% pays about 70%. the bottom 50% pays less than 3%, we have the most progressive tax code of any of the large industrial countries around the world. its factually completely incorrect...

Doing is disgusting. it erodes the local tax base. it does hurt the communities in a lot of ways, and as i said, its a race to the bottom. i do think that all of us should come together and try to stop that. there should be federal legislation to stop this race to the bottom. but having said that, i come from a community that needs jobs. needs work. we need higher wages. we need private sector investment. and so while you can be for a progressive tax code, which im for. you can be for trying to ...

Went after, you know, the very, very rich and started socking them at 70%? >> ultra high net worth individuals pay a lot, it is tax where theyre paying a higher percent and second, theres so much waste in the government. and even those who pay the highest tax rate now get tired of the waste in government and your producer forgot the clip where she compared herself to abraham lincoln. shes just on another level altogether that i dont understand quite frankly. neil: but the idea, we need a much mo...

Economy in the 21st century. we have the convergence of so many elements happening right now. globalization, automation, artificial intelligence. >> right now i dont think either political party has gotten their hands around it. what i want the democratic party to be is a party that can set an agenda to deal with issues that drive up wages and help people be able to afford college and health care. i dont think we can be hostile to business. i think while we can be for a progressive tax code and ...