Page 10 - Tax Problem News Today

Other things like that. >> in an iou in tin box. >> bill: with the actual money that they receive, they spend it on other things, not social security. >> exactly. >> bill: i want to wrap up here. instead of me not paying my fair share, all right? >> right. >> bill: you say oreilly is paying too much. >> im saying you are paying too much. im saying the top 5% of earners in this country paying 60% of federal income taxes are paying too much. its about time people got their heads around that realit...

>> in an iou in tin box. >> bill: with the actual money that they receive, they spend it on other things, not social security. >> exactly. >> bill: i want to wrap up here. instead of me not paying my fair share, all right? >> right. >> bill: you say oreilly is paying too much. >> im saying you are paying too much. im saying the top 5% of earners in this country paying 60% of federal income taxes are paying too much. its about time people got their heads around that reality. and our government is...

Other things like that. >> in an iou in tin box. >> bill: with the actual money that they receive, they spend it on other things, not social security. >> exactly. >> bill: i want to wrap up here. instead of me not paying my fair share, all right? >> right. >> bill: you say oreilly is paying too much. >> im saying you are paying too much. im saying the top 5% of earners in this country paying 60% of federal income taxes are paying too much. its about time people got their heads around that realit...

The rest of the campaign. they are being too cute to they can put it out yesterday and it will be buried >> we will talk a little more about romneys tax problem, if it still exists and will continue to be a whipping post for him. i want talk about the presidents message independent of mitt romney. we have done a lot of analysis vis-a-vis the republican he field. we will talk about the ad that phil likes and talk about the substance of the address in terms of policy. >> we should continue to work...

Plan is lower than my tax plan. >> does this go away, jimmy? >> absolutely not. taxes are lower under barack obama than they were under george w. bush. simple, plain fact. we need to admit it. secondly, under romneys proposed tax plan, middle class folks in america would pay higher taxes. thats a fact. its not going to go away. >> mitt romney again proves himself to be completely incoherent talking about his own taxes. he was physically uncomfortable talking about his income and his taxes. he wa...

Himself to be completely incoherent talking about his own taxes. he was physically uncomfortable talking about his income and his taxes. he was better when he was going after newt gingrichs income, but i think hes got that tax problem going in and hes got it going out of this debate. >> do you think america accepts what newt gingrich did for a living, or will that continue to dog him? >> i think that will continue to dog him. i also think a debate is just on freddie mac and not get into this leg...

Florida, but nationally. >> dave: at last check, romney had a 18 point lead in the real clear politics average, that was before the last couple of days. as for those endorsements, weve heard jeb bush is going to stay on the sidelines. theres conventional wisdom that newt will implode, youve heard this time and time again. what do you think will happen. do you think that mitt romney is the one? >> i think if romney doesnt come back and win someplace pretty quick, he could implode. this is the end...

There are many places we can find cuts without increasing taxes. thats where we ought to have our focus on. with a government spending so much in so many areas i just think that the americans are -- we dont have a tax problem. we have a spending problem. while i said that, after that speech, and in response to a question, i think its very important that we focus on places where we can cut back and defense has been on the table. weve already cut as i said, almost half a trillion dollars. well see...

There are many places we can find cuts without increasing taxes. thats where we ought to have our focus on. with a government spending so much in so many areas i just think that the americans are -- we dont have a tax problem. we have a spending problem. while i said that, after that speech, and in response to a question, i think its very important that we focus on places where we can cut back and defense has been on the table. weve already cut as i said, almost half a trillion dollars. well see...

And so far, that refusal continues to be the main stumbling block thats preventing congress from reaching an agreement to further reduce our deficit. >> its a fundamental difference in philosophy. its spending vs. taxes. even if you taxed all the millionaires and billionaires 100%, 100%, it wouldnt begin to put a dent in the deficit or the spending of this country. so how can it only be a tax problem? its not! its a spending problem. >> gretch, a leadership problem. in washington, d.c., you cann...