Page 24 - Buffet Rule News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thank you for being on the show. >> thank you, you just voted on the buffet rule that would require a tax rate of 30% for people earning $1 million or more, which would be about 210,000 people. isn't this a good thing for our recovering economy? shouldn't the rich pay their fair share? >> it's a good thing for a lot of reasons, it's fair. when the middle class public pays pretty high taxes, are in a position where they're seeing hedge fund managers pay 15%, some people billionaires paying at that 15% tax rate on their hedge fund profits, this is billions of dollars that will go to deficit redu...

Appear to have sparked the fire. officials say nobody was ever in any danger. the details are coming in now. we'll update you as warranted. now to washington and the billionaire warren buffet can keep paying a lower tax rate than his secretary and lots of other americans. the u.s. senate just blocked the so-called buffet rule. a recent gallup poll showed 60% of americans support that rule. it would make sure millionaires pay a tax rate of at least 30%. but republicans call it a political gimmick. james rosen with the news live in washington. james? >> shep, good evening. tonight's vote was a p...

Cancer. and diabetes. and all the other things. and that happens when we raises the best generation and we believe that it is important enough to do what have it takes to do it right. catherine and rosie thank you very much for your perspective. grit to have you both here. [applause]. >> president obama so-called buffet rule just trying to divide working class americans from the rich? i'll ask peter ship about that i'll ask peter ship about that when we come [applause]

Rule would have immediate impact on 210,000 individual taxpayers who earn over a million dollars a year in salary. by 2015, though, three years from now, that number would more than double, raising tax on more than 430,000 households. for more on today's senate vote on the buffet rule, john barrasso joins us, chairman of the senate republican policy committee. it's if to see you, sir, thank you for your time. >> thanks for having me rick. rick: you know how this works. it's all about messages and whats arenates with people and people hear that millionaires and billionaires are paying a lower t...

Prosecute pose something called the buffet rule. i was with warren buffet couple days ago. you might have heard of this but warren buffet is paying a lower tax rate than his secretary. >> president obama so-called buffet rule is this. million naivr ought to pay the fair share in taxes. fair share according to the president is for anyone making over 1 million bucks to pay at least 30 percent. but is the president just training to divide working class americans from rich? ceo of pacific capitol peter ship. good to have you back. >> thanks for having me on. >> president made more than 20 speeches...