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and good morning. this is your am: wakeup call. from the time warner center in new york i m carol costello. here are top stories. reopening old wounds, a vigil at virginia tech university after another deadly shooting on campus. we re learning an officer and another person were shot by the same gun. the senate has voted down both republican and democratic compromise proposals to extend the payroll tax break into next year. you could lose $1,000 in take home pay if they don t agree on a deal. iran showing off what it claims is the top secret u.s. drone that went down within its borders. even though the u.s. admitted it lost an aircraft some experts are saying the one they re showing is phony. let s get a check of today s weather. rob marciano is in atlanta. so it s friday. it is friday. expecting great weather everywhere. not to get everybody robbed on the way home, today is payday. that is fantastic. i was reminded of that all morning. good morning. ....
interesting that the highlighters were requested but no questions. i thought that perhaps it came from the fact that in california and in this case the jurors were allowed to take notes. so, rather than come back into the courtroom and ask for read-back of testimony, which was sort of the practice when i was practicing law in washington, d.c., as a prosecutor, perhaps they needed the highlighters to remind themselves of the most powerful evidence that came in front of them or perhaps to go through those jury instructions. remember, there s only one count here, involuntary manslaughter, but the jury instructions were actually quite kmrefl. that is because this case is much more of a medical malpractice type case rather than sort of the typical hom stied that we all see on csi and that sort of thing, homicide by gun, by knife. so perhaps they needed it to weed through the elements that were outlined in the jury instructions, which again were pretty complicated. report ....
hello, everyone. i m erin burnett. outfront, taxes, presidential candidate rick perry on the heels of last night s presidential debate, proposing a flat tax. scrapping the 3 million words of the current tax code starting over with something simpler. a flat tax. a flat tax has one big problem. if you tax everyone at the same rate, people who make less get hit harder and pay more than the current system. the flat tax was popularized by steve forbes during his two presidential runs, but he actually exempted families of four making less than $36,000. bold ideas are something we challenge on this show for a better america. let s see whether the flat tax is bold and smart or bold and bad. jim bianco is president of bianco researchers. you took the time to run the numbers and make sense of it. bottom line, instead of the politics of it, if you exempt people earning under a certain amount, what s the magic rate for everyone else to raise the same amount of revenue under a ....
presidential debate, proposing a flat tax. scrapping the 3 million words of the current tax code starting over with something simpler. a flat tax. a flat tax has one big problem. if you tax everyone at the same rate, people who make less get hit harder and pay more than the current system. the flat tax was popularized by steve forbes during his two presidential runs, but he actually exempted families of four making less than $36,000. bold ideas are something we challenge on this show for a better america. let s see whether the flat tax is bold and smart or bold and bad. jim bianco is president of bianco researchers. you took the time to run the numbers and make sense of it. bottom line, instead of the politics of it, if you exempt people earning under a certain amount, what s the magic rate for everyone else to raise the same amount of revenue under a flat tax as we do right now? if you exempt everybody under $36,000, you will exclude 38 or 39% of all taxpayers. 6 ....
hello, everyone. i m erin burnett. out front, taxes, presidential candidate rick perry on the heels of last night s approximately debate proposing a flat tax. scrapping the three million words of the current tax code starting over with something simpler. a flat tax. a flat tax has one big problem. if you tax everyone at the same rate, people who make less get hit harder and pay more than the current system. the flat tax was popularized by steve forbes during his two presidential runs and exempted families of four making less than $36,000. bold ideas are something we challenge on this show for a better america. let s see whether the flat tax is bold and smart or bold and bad. jim, you took the time to run the numbers and make sense of it. bottom line, instead of the politics of it. if you exempt people earning under a certain amount, what s the magic rate for everyone else to raise the same amount of revenue under a flat tax as we do right now? you exempt everybo ....