tweeting out her tax calculator for billionaires. under warren s tax plan, it figures bloomberg would pay over $3 billion. now, of course, bloomberg hasn t made a final decision, but a source reminded me last night that bloomberg likes to take big risks. the next thing i m watching for, whether or not he files in other states like next week. according to everything i m hearing, he will. he doesn t have much time to do that too. another big headline this morning. we re going to talk more about it. we ll know all this in the next seven days. i don t think you file in alabama unless yourself going to run. i like that thunder clap. well, you ve never been described this way, but one person surely has. how about this for a description? it s like showing up at a nursing home and finding your elderly uncle running pantless across the courtyard and yelling loudly. only because i don t swear. you would never be described that way.
deficit, you ve brought up growth. i haven t heard you talk about income. when we talk about the different brackets. are those going to be laid out specifically? there are talks of three, possibly four different brackets. is that what we re going to see? are those numbers going to be clear? yeah, they are. we re looking at, and i know i was with chairman brady. they intend to have something up on the web here in the next few weeks, call it a tax calculator where people can put in what they did last year, plug their same numbers in based on that, and the elimination of the alternative minimal tax, and in many cases they ll be paying less. we haven t finalized, but an expanded child tax credit that will mean a lot, again to the middle class, upper middle class and elimination of alternative minimum tax is going to be huge in making sure that americans can go to the tax calculator and confirm their taxes are going
congressional joint commission showing the affordable care act will cost taxpayers 109 billion in taxes over the past year. the additional fees will range to $50 for a person earning 50,000 a year to those making 200 and 250,000 dollars a year that is according to the tax calculator. there are new taxes on insurance companies drug makers medical device and manufacturers. former policy director of the white house and health reform responded saying he is sustainable in the long run. they will cost 1.8 trillion or 104 billion less than prior projections with a $36 billion cost in 2014. ainsley, back to you. thank you so much. i guess. taxes going up. thank you.
million jobs by december 2010, but by the end of 2010, there were 3.2 million fewer jobs in the country than when he took office. we need to have generous benefits, but we need to design a program that does so in a better way, that doesn t encourage people to stay out of the work force so long that their skills at rufee so much that they can t get a job again. to see how the renewal would cost you, logon to foxnews.com/yo foxnews.com/yourmoney, andplug your annual income into our tax calculator. you ll get your answer immediately. thank you. the dow rebounded after its worse five-day drop since 2012, gaining 91. the nasdaq finished ahead 14. we have heard a lot lately about income inequality. what about the other side of the equation? tax inequality? we have intriguing information tonight.
that create long term prosperity over time. i think the romney plan will not stand up to scrutiny. there is too much emphasis, raising taxes or lowering taxes on rich people and leaving everybody else with less. that is why democrats are feeling good about election chance this is fall. jenna: kate, how do they fight back here? the president says mitt romney s plan is romney hood . out with a tax calculator, plug in your income, save your married or single and spit out whether or not you will see your taxes go up under a president romney. you don t really get a lot of insight to the formula they re using on the website. showing it on your screen. pretty easy to do and the results can cause some people to think. while the president was doing this fund-raiser yesterday, mitt romney was grocery shopping. we have some photographs of that, just sighing it is probably an attempt to look like a normal buy. is this the right strategy for mitt romney? look i think that mitt romney needs to co