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>> wait i'm not sure i follow your math here. he pays 13% in taxes on --. martha: capital gains investments that is the money we're talking about. >> right. i believe, capital gains rate is not 13%, is it? martha: 13.9% is the rate buffett paid. is the rate that mitt romney paid in taxes. >> the capital gains rate is 20%. martha: what they're making is just on their invests. >> then you have to ask yourself, again, we can disagree on this and obviously we do. i just don't think, particularly so much of that is paper money that they're making by shuffling stocks around and options and rest of i...

Stupid. >> the "buffett rule" is a small part of this. not just the "buffett rule". we didn't expect for a second the "buffett rule" would take care of the deficit. it is bigger issue. look, in 2008 there were 1490 something people in this country who made a million dollars who paid absolutely zero to the irs. how do you justify that? how can you live with yourself. >> bob, here is what bothers me. here is not discussed in this conversation enough way i look at it. this 13.9% rate on capital gains tax, put it right out there is what mitt romney paid as well because most of this money at this p...

Paying their dues. last year, once again, more than 200 fortune 500 companies paid no income taxes, boeing, verizon, coned and general election. and then there is mitt romney who filed an extension and only paid an effective rate of $13.9%. the majority of his income came through capital gains. our president, who brought in a little less than a million, who paid effectively less than his own secretary. i don't expect anyone to pay more than they owe, when i am poring over my own paperwork, it doesn't help that my wealthy neighbor isn't taking responsibility. if they don't pay, why should i, ri...

Investing in those things that keep our economy growing and keep us secure. that's the choice. martha: so you know, when it comes time, if indeed this is the future that we're looking at for you to debate the president, he's going to come right at you with that same kind of idea, that folks like you, 13.9% tax bracket, i'm bringing it up because you know you're going to hear it from him, you know you're going to hear about the cadillacs and the homes and everything else, because we've already heard that, that that is definitely where they're going to head with you, that you're out of touch, a ...

Thais it to opportunity. he ties it to what the tax dollars to create it. >> isn't president obama facing the perfect candidate, mitt romney for the conditions of the country right now to depict where the vulture chart is that we show so much versus the middle class? this is a guy who really has tax rate of 13.9% and he also has a tax policy that is only going to help those red liners. >> it's only going to help him. absolutely. it's the perfect candidate. the perfect time. rick santorum too. he called mitt. he derided mitt approximate the republicans have done a lot of damage to mitt romney i...