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we'll bring you all the highlights. good morning to you. happitry, it's october 28th. this is your "a.m. wake-up call." i'm carol costello in new york. you're waking up to some of the best news in recent memory. gdp up 2.5%, nearly double the rate of last quarter. we have gains on thursday, up 340 points. the dow is heading for its best month in 24 years. the broader s&p, october could close as the best month since 1974. cnn's erin burnett asked pete kenny for his take. >> are you optimistic. >> i am. the drivers that we've been getting are positive, surprisingly positive given weakn...

Column nift for tax.com. good morning, david. >> good morning. >> you say there are nine things that the rich don't want you to know about taxes. walk us through them. >> the first one is this negotiation that poor americans don't pay taxes. i've heard a number of people on msnbc in the past few days assert that the top 1% pay 40% of the taxes. actually the top 1% pay 40% of the income taxes which are a minority of all federal taxes. and they are only one-fifth of all the taxes americans pay. as for the poor, the bottom half of americans, they're very heavily taxed. they pay payroll taxes on t...

Right. it helps contribute to the belief that the tax code is rigged in favor of certain people and against other people and the president wants to fix that. happy to talk about the impact. i would like to do it however in the context of a larger tax bill. when you talk about just the policy of the one particular line item in the proposal, it is the absolute right policy to have. >> i can pull out one thing as well as a look at the entirety of it, but how about the fact that top 10% pay 80% of all the tax. would tax. what you said about? >> with the most progressive tax system in the world. we...

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Used him to kind of push off against towards some other kind of future. i think that's another dynamic that's driving this. >> i agree with that. he's sort of like the lehman brothers of politics, but that's disingenuous because the republicans have a lot more deep thinking to do than just shoving it all onto mitt romney. >> how about the numbers? >> how about the numbers? you can't make a party a success if it salutes the top 1% and trashes the bottom half, the 47%. these numbers are on the table. let's take a look. i disagree with him politically. he's a bit far right for me but he's always ...