Page 15 - Tax Problem News Today

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Romney keeps on responding. >> harry reid really has to put up or shut up. harry, who are your sources? >> tonight, congressman george miller on romneys ongoing tax problem and the new questions about romneys massive ira account. >> this morning, we learned that our businesses created 172,000 new jobs in the month of july. >> good news on jobs, leaves republicans scrambling. steve breaks down todays big report. retired porn superstar jenna jameson explains her endorsement of mitt romney. when ...

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In hawaii, smoking something. ♪ >> the romney campaign goes into the sewer to distract from mitt the mercedes-benz summer event ends july 31st. ♪ romneys tax problem. but new polling proves the american people arent buying it. >> it makes you wonder if some ends july 31st. years he paid any taxes at all. those little things for you, lifes about her. >> michael steele and katrina but your erectile dysfunction - vanden heuvel on the unfolding that could be a question of blood flow. disaster fo...

150%, something like that in greece. a lot of people wondering is the united states heading down the path of greece. how close could we come? >> thats the exact right question. what does greece mean for us? we dont have the same competitiveness problem but if you look at this next chart we have a debt problem that is growing at a massive pace. and you can see here, that back in 2004, our debt to gdp was only 37%. was only about 37%. and then it started to rise and today, its 73%. and its rising,...

Show. >> thank you. >> sure. >> jerod, before we do anything, can you explain romneys 15% tax problem? because when i say unfairness, i want people to understand the 15% and why many of us think thats unfair. >> sure. it has to do with the source of his income. now we dont know this, but presumably and im sure were right based on his statements, the fact is that the vast majority of his income must come from what economists call assets or unearned income. not from the kind of wages, the paycheck...

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About tax cuts for years but the new breed of conservatives, well, they have taken it to another level. >> congress doesnt have a revenue problem. it has a spending problem. >> we dont have a revenue or a tax problem in washington. theyre already high enough. we have a spending problem. >> we dont have a revenue problem. we have a spending problem. >> okay. you hear the republican leadership there. boehner, canter, and ryan. you know what? they are completely wrong. lets go to big eddies chart. ...

Sacrifice, there is no doubt that the american people are way ahead of the congress. republicans have been lying about tax cuts for years but the new breed of conservatives, well, they have taken it to another level. >> congress doesnt have?7ç a revenue problem. it has a spending problem. >> we dont have a revenue or a tax problem in washington. theyre already high enough. we have a spending problem. >> we dont have a revenue problem. we have a spending problem. >> okay. you hear the republican...

You bring in new revenues by eliminating for instance tax breaks for oil companies? >> we dont have a tax problem. the problem is not because american is are taxed too little. the problem is because washington spends too much money. we have got to stop spending money we dont have. we are not going to go down the path of raising taxes on fema. people. we want to go after the source and that is spending. we are going to go after spending -- >> chris: you will not eliminate tax breaks for big oil a...