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The treatment of contingent interest and convertible debt in cross-border payment transactions is subject to several provisions of the Internal Revenue Code. To add confusion to the...
It's been so to speak, and it's been unlucky for me. i've already -- when stuart varney came in, i got a paper cut. auto you've a paper cut. >> you're next. >> i'm not believing this friday the 13th stuff. >> what's going to happen to eric? we'll find out. >> what's coming up? >> me? see, there it is. it happened already. the federal debt clock well over $15 trillion. still rolling. and as expected, the president asked to raise the debt ceiling again but republicans are fighting it. peter doocy live in washington with the latest. we knew it was going to happen. but it's still nonetheless somet...
Pay less than 1 percent your income. so this is a regressive tax that is favoring the rich at the expense of the poor but you do not talk about that, are you? >> you think that the rich don't pay enough taxes and before we get to stuart, what is the right stop bracket be to make it fair? >> back to the clinton years, 39.6 percent bracket. the economy was better in the clinton years than any time in the american history and we had, expansion, the rich got ripper and the middle east got richer and the poor got richer. a fair burden. this those days we had a surplus. >> so, 39 percent plus increa...
Pay less than 1 percent your income. so this is a regressive tax that is favoring the rich at the expense of the poor but you do not talk about that, are you? >> you think that the rich don't pay enough taxes and before we get to stuart, what is the right stop bracket be to make it fair? >> back to the clinton years, 39.6 percent bracket. the economy was better in the clinton years than any time in the american history and we had, expansion, the rich got ripper and the middle east got richer and the poor got richer. a fair burden. this those days we had a surplus. >> so, 39 percent plus increa...
Pay less than 1 percent your income. so this is a regressive tax that is favoring the rich at the expense of the poor but you do not talk about that, are you? >> you think that the rich don't pay enough taxes and before we get to stuart, what is the right stop bracket be to make it fair? >> back to the clinton years, 39.6 percent bracket. the economy was better in the clinton years than any time in the american history and we had, expansion, the rich got ripper and the middle east got richer and the poor got richer. a fair burden. this those days we had a surplus. >> so, 39 percent plus increa...