Page 29 - Tax Codes News Today

Saying on unemployment roles and not sitting back, trying to re-enter the search for a job? >> yes and he no, thats a u-15 number that takes into consideration people na gave up on jobs. that number has been falling, and the same time jumping from 8.8 to 9%. the bigger picture month to month, a lot of variations in the number. what we need to look at is a longer term trend. are we creating enough jobs to lower the unemployment rate a year from now. were not. unfortunately, were not creating enou...

Administration has financial regulations that are clobbering small businesses and health care costs are going to clobber small businesses and payroll taxes already clobber small businesses, so, all of this taken together can be a small business killer at the end of the day. >> jamie: let me ask you one more question. the businesses that are part of this impacted by the tax system, whether its substantial or not depending who you believe. arent they double taxed, dont they pay taxes first on inco...

The lower tax rate but the tax hike did not go into effect. >>neil: that is the head wind inflation, the fear is that a lot of c.e.o.s say we know it is there, it is coming, the inflation, and how much can they pass along and wal-mart has run into resistance. >>guest: capital gains are not inflation adjustment and inflation is hitting the tax codes and price controls and the other sorts of things you cannot pass on and there is a real impact of inflation. it is much less than in the 19 70s becau...

Thing. where would you cut? >> i would pay for every military action that we take whether it is iraq or afghanistan, that would have saved us a trillion dollars off of those deficits. i would make sure that the fat cats and sacred cows that we spend on through the tax codes doesnt show up directly in the budget because it is through the tax codes but by far the greatest expenditure that we make over a trillion dollars a year. i would go after some of those fat cats and sacred cows that our repub...

Going to be resonating with people as they hear it? >> yeah, you know, i think not only in the weekly address but the visit he made to pennsylvania to penn state to talk about clean tech, the white house wants to stay focused on jobs, jobs, jobs. they know thats an issue, an issue that ultimately in november of 2012 voters will care more about that than whats going on in cairo. >> yeah. what about what happens in monday when the president will talk with the chamber of commerce? politically speak...

And even points where she seemed to agree with him, which is the idea that america has to go back to a manufacturing economy and were an exceptional country and we need to reform our tax codes, you know, she didnt give him any credit. and those are points he brought up in his own state of the union. >> john boehner said about michele bachmann, "i didnt see it" and walked away from giving any kind of comment. lets listen to what meghan mccain just said on this program. >> i think its important to...

He was a bit more magnanimous in terms of where we are right now and the difficulties facing america. michele bachmann squarely laid the blame on president obama, and even on points where she seemed to agree with him, which is the idea that america has to go back to a manufacturing economy and were an exceptional country and we need to reform our tax codes, you know, she didnt give him any credit. and those are points he brought up in his own state of the union. >> john boehner said about michel...

To agree with him, which is the idea that america has to go back to a manufacturing economy and were an exceptional country and we need to reform our tax codes, you know, she didnt give him any credit. and those are points he brought up in his own state of the union. >> john boehner said about michele bachmann, "i didnt see it" and walked away from giving any kind of comment. lets listen to what meghan mccain just said on this program. >> i think its important to note that michele bachmann is no...

About very small numbers relative to where we need tho be. if you look historically weve taken in in revenues about 18% of gdp every year over the past 30 years. raoeuft now we are spending 25% of gdp. even if we were to raise taxes and get it up by one percentage point. get it from 18% to 19%, 19 1/2% which is what the president has in mind we are a long way from closing the gap. there is no way of changing the strubgt usual of the tax code and closing loopholes is going to solve this problem. ...

Condition the little girl receiving her organs is suffering from. >> gregg: after an emotional week for everybody, lawmakers are ready to get back to the business on capitol hill, the g.o.p.-led house looking to repeal the presidents health care overhaul while considering ways to reform the nations tax codes. does progress stand on these issues? joining us now, democratic congresswoman carolyn maloney of new york and, thanks for being here on the set. >> carolyn, with in 24 hours of last saturda...