Page 18 - Tax Codes News Today

The cliff, its not going to be a calamity, the markets have already priced this in. >> i dont believe that. >> were going to go over the cliff. its not going to be -- >> the world is listening. the world is not going to listen to the president. >> i agree with you, chris. i think, quite frankly, if the president goes out and announces were going over the cliff, this is something that will rest squarely on his shoulder -- >> here is a poll that makes your point. lets take a look at the question. ...

To be restructured. >> what i want is to get the country out of debt in a permanent way. the dig problem with us becoming greedy is not the revenue its not the tax codes its entitlement. >> what the plan daoes not do i raise tax rates on the wealthy. it has to be any part of any deal that he will accept. back to you. >> thank you. it is time for your first degree weather. maria molina is live with the forecast for today. we are looking at yet again another day with well above average temperatu...

We will show the american people that we are serious about cutting spending. reporter: one member said to chris stirewalt yesterday on transport, with the promise that we will get into looking at all revenues, and that could include tax rates. we will look at all the tax codes. and we will also look at spending cuts. as you mentioned, there is come to this entire episode a ticking clock pressure between now and january 1. jon: untangling that tax code would be a good thing. i would hope for that...

Lot of special interest loopholes in the tax codes. its also clear that there are all kinds of deductions. some of which make sense, others dont. and by lowering rates and cleaning up the tax code, we know were going to get more economic growth. it will bring jobs back to america. it will bring more revenue. we also know that if we clean up the code and make it simpler, then tax code will be more efficient. the current code only collects about 85% of whats due the government. and its clear if yo...

Victory. heather nauert breaking down the exit polls to find out why people voted the way they did. ainsley earhardt looking at the congressional races. good morning kelly. >> after the victory president obama had a con sill tory tone. he is saying he learned from those who supported him and those that opposed him. because of that he will return to washington more determined and more inspired. they celebrate add victory he reached out to all americans. >> i believe we can build on the progress w...

And the american auto industry. and today, were not just building cars again, were building better cars. cars that, by the middle of the next decade will go twice as far on a gallon of gas. today, there are thousands of workers building long-lasting batteries and wind turbines and solar panels all across the country. jobs that werent there four years ago. and sure, not all technologies we bet on will pan out, some of the businesses we encourage will fail. but i promise you this, there is a futur...

Leslie was saying earlier. the 501(c)(3)s -- these are all named obviously for the codes, for the tax codes. the 501(c)(3)s where we actually see an enormous number of progressive action going on in these non-profits, they are barred. they cant write these checks. so to me thats where it feels like there is part of this critical asymmetry occurring. is that right, the difference between the threes and fours. >> there are ones that arent ideological at all. sometimes the group that benefits a loc...

They sell us about this much stuff every year, and we sell them about this much stuff every year. its pretty clear who doesnt want a trade war and theres one going on right now we dont know about. its a silent one and theyre winning. we have enormous trade imbalance with china and worse this year than last year and worse last year than the year before. china can be our partner, but that doesnt mean they can roll all over us and steal our jobs on an unfair basis. >> governor romney is right, you ...

Governors races, so he emerges as mr. coal for southeast ohio. >> yes. >> and western virginia, microtargeting strategies. its an interesting distinction. >> it is an interesting distinction. i want to know where is the demand for details on how he will achieve all the things hes promising. they want details on romneys tax codes. how will the president create jobs? another achievement of romney was that he exposed the presidents lack of leadership. he says, wheres the plan to fix entitlements? t...

Estate tax, along what he wants to do with corporate tax codes, it costs $5 trillion. governor romney wants to spend $2 trillion on additional military programs even though the military is not asking for those. its $7 trillion. >> whats extraordinary about this and the presidents position is not just to keep pentagon spending flat, the obama campaign calculated theres a political cost to romneys call for an additional $2 trillion in defense spending. defense spending should be pegged automatical...