Page 12 - Write Offs News Today

Real pies but in this chart we showed that 46 percent of households pay no income taxes maybe social security or medicare but no income taxes. there might be a few if that category who really cant and shouldnt. but allowans and depreciation and write offs and such, that many can end up paying no income tax, the president is not going to refer to fairness on that but on the rich issue. how will that resonate back home? >>guest: we have a challenge in america because about half of country is getti...

happening today with the former massachusetts governor, hes trying to move beyond all of this, obviously. hes been sort of giving his prebuttal to the presidents state of the union address tonight and they have sort of been showing us these postcards from the edge of the housing crisis and financial crisis in this country. earlier today mitt romney gave his speech inside an abandoned warehouse that used to be an old drywall factory and here we are now standing in front of a house thats...

another child sex scandal at a major university, syracuse stunned by allegations. a former ball boy coming forward. the making of a terrorist. an afghan terror group releasen never before scene video inside a training camp. a dry run for a gruesome and deadly attack. clashes with the cops. rage against the banks. a major show of force by occupy wall street protesters in new york and across the country as demonstrators mark the two-month anniversary of their cause on this "american ...

lets go "outfront." im erin burnett. "outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america...

"outfront" tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned chinas military is building up with one main goal, taking on america. ill get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from americas deficit. today was a day called criti...

cant leak what it didnt know. that is where we start today. a whole new round of accusations and denials in the hottest story in politics this week anyway. the man now leading the republican race for president says he think he knows who leaked a sexual harassment allegation from the 1990s. herman cain says he confided to an advisor named kurt anderson back when cain was rubbing for a senate seat from georgia in 2004. today anderson works for rick perry whos plummeted in the polls while...

brooke sits down with artists as they travel through atlanta. if you want to see some of had her other "music monday" interviews, check out cnn.com/broome. top of the hour. im martin savidge, in for brooke baldwin. herman cain is on damage control. many employees forced to pay more because of weight or lifestyle. and millions right now without power. it is time to play reporter roulette. joe johns in washington, the political world is abuzz involving herman cain. whats the latest...

spending cuts, much of it from medicare and medicaid but also the 1.5 trillion in tax revenue, more than 1 trillion in war savings as operations in iraq and afghanistan draw down and interest savings amounting to more than $400 billion. texas governor rick perry may be asked more about this on the campaign trail. census data shows more than 18% of texans live below the poverty line. thats 3 points higher than the national average. the state also has the highest share of people withou...

were talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and thats s...

Field no favor. the problem with what wear seeing out of the obama administration, the democratic party, well just cut these $4.4 tax preferences given to the oil and gas sector, while theyre completely ignoring the cost to taxpayers of $16 billion for the corn ethanol scam. theyre getting 130 times as much in the way of subsidies as the oil and gas business, and yet we dont hear anything about that. >> neil: im curious with awful these tax credits, various write-offs and all, do they really cha...