Detailed text transcripts for TV channel - MSNBC - 20120415:16:53:00
Adjusted gross income of $789,674 last year. they paid $162,000 in federal taxes. their tax rate is about 20.5%. the income keeps the obamas in the top 1% of taxpayers. so with income tax day on tuesday, if you're stressing over your tax forms or trying to find an accountant on a sunday, maybe you've been confused about the talk about the higher taxes and the so-called buffett rule. president obama has been speaking out in support of his proposal to raise taxes on the richest americans as suggested by billionaire warren buffett. who said he paid a lower tax rate than his secretary. it may beco...