Page 31 - 99 7 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Soldier's difficulty. i don't think there's anything on it. the wives have come out and said it's osama bin laden. he's dead. we have d.n.a. of 99.7% accuracy. i have seen the photos. i have requested that the rest of my committee, i understand today they'll honor that will see these photos. i think that's the appropriate way to do it so we can get on with it and realize that we have a whole bit of network of al qaeda still to get after here. >> have you had a chance to see any of the video from sunday? >> we'll be seeing that i believe tomorrow. >> and photos, how many photos have you been sh...

The forecast says there's a 99.7% chance that a magnitude 6.7 earthquake will strike southern california in the next 30 years. and there's a 46% chance of a magnitude 7.5 quake hitting southern california over the next three decades. for comparison, hundreds of times smaller than japan's quake. i'm joined by john rundle, geology professor. thank you for joining us. what do you make? break the numbers down, 99.7% chance, magnitude 6.7 in the next 30 years. >> that was a study done using historic data. in our group we do a different kind of forecasting. we come up with 10% of the magnitude 7 ear...

>> we'll have to get more money from somebody. now the question is do we get from more money that will serve me lunch today or do we get it from me? i think you should get it from me. i have a lower tax rate, counting payroll taxes, than anybody in my office. >> reporter: how is that possible? well, in warren buffett's case it's because most of his income comes from his investments and those capital gains are taxed at 15%. the average american pays 19% in federal taxes, but let's take a look at some of the tax myths. first of all, you probably didn't know this. 45% of americans won't pay taxes...

Another issue is the process by which we collect taxes. i always happen to think people are more frustrated about the taxes in this country in march and april than they are in november and december. >> of course they are. that's when they're thinking about it. they're very annoyed about that. if you take a look at sources of federal income tax, if you take a look at federal tax revenue, where is it coming from. i just want to show this to you because it explains it well. 45% of it comes from individual income taxes. that's the bigbiggest bulk. corporate income tax is 4%. excise tax is 3%. the ...

And local taxes claimed about 20% of the u.s. gross domestic product. it sounds like a lot. 30 of the rich's countries, they all paid or averaged about 36% of gdp. saking a look at that. i can tell you this. americans do pay far more in individual income taxes than other wealthy nations but we do pay much less in sales tax. they pay more in sales tax there. if you take a look at who is getting -- the federal tax revenue, 45% of it is going -- coming from income taxes, that's one you can see there. 45% will owe no federal income tax, have earned little. everyone pays some sort of taxes. 75% the...