Page 21 - Tax Codes News Today

Huffington post for his opinion on mitt romneys offshore tax havens. this is what the senator said. its really american to avoid paying taxes. legally, as long as it was legal, im okay with it. i dont blame anybody for using the tax codes to their advantage. its a game we play. every american tries to find a way to get the most deductions they can. i see nothing wrong with playing the game because we set it up to be a game. >> really? gosh, senator, you dont sound like a guy whos been audited by...

Administration if we go to a romney administration. your answer? >> well the fact is that if we continue this pattern, we ran up $5 trillion in additional deficits in this past 3 1/2 years. you just can not continue to do that. that is a disaster. and for him to come forward now to say, well, were going to work on new tax codes, et cetera and he has a whole plethora of things to put forth, five months before the election, is just desperation. and when you look at the economy now, i have to tell ...

>> sean: i know this may surprise members of our audience, but even in the 2008 primary campaign, clinton people were trying to feed me information -- the first contact i had ever thish in my career, wasnt a big fan, but in retrospect, hes a far better president than barack obama. he doesnt like obam a. thinks hes in way over his head, that he is hurting the country and he is incompetent. do you think thats a possibility, herman cain? >> yes. but here a bigger revelation that bill clinton made i...

And his team are knee deep in. >> sean: i know this may surprise members of our audience, but even in the 2008 primary campaign, clinton people were trying to feed me information -- the first contact i had ever thish in my career, wasnt a big fan, but in retrospect, hes a far better president than barack obama. he doesnt like obam a. thinks hes in way over his head, that he is hurting the country and he is incompetent. do you think thats a possibility, herman cain? >> yes. but here a bigger reve...

Your brain and you get very passionate about them. what is the epiphany that made this rise to the top of your brain and say, this is what we have to do the show about and tell america all about? >> ive been doing this show three years, two national road shows, all the stuff with banks, and you start to realize there is just two categories of things. there are things that are outrages that we cant do anything about. the banks are screwed up, tax codes totally crazy, all these things, right? a bl...

When the company gets below 15%, it becomes attractive for u.s. manufacturers to bring some of that production back to the u.s. which is great news for america and great news for american workers. >> when you look at chineses inability to keep prices low as the catalyst, meantime, the american government is very good at maintaining tax codes that benefit offshoring, very good at maintaining things like the rig currency relationship. how is it that the chinese government is actually, in some ways...

outfront tonight, crisis in america. just take a look at this video. sums it all up. you at home watching, me, all of us are hurdling fullboard a cliff that could be our doom. this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. another debt ceiling drama looming. if we hit this cliff, well die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group i...

outfront tonight, crisis in america. just take a look at this video. sums it all up. you at home watching me, all of us are hurtling full bore into a cliff that could be our doom. this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. if we hit this cliff, fellow lemmings, well die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group including presid...

outfront tonight, crisis in america. just take a look at this video. sums it all up. you at home watching, me, all of us are hurdling fullboard a cliff that could be our doom. this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. another debt ceiling drama looming. if we hit this cliff, well die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group i...

number two, the cost of the wars in iraq and afghanistan. $1.3 trillion at this moment. a distant third, the presidents stimulus plan, $831 billion. never thought $831 billion would look cheap. well, heres another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, lets compare t...