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More than 70% of federal income taxes, what a shock. now anointed one is addressing the charge that he's stoking class warfare. >> the president: we are hearing the issue defenders of these kinds of loopholes saying this is just class warfare. i reject the idea that asking a huge fund manager to pay the same as a plumber or teacher is class warfare. i think it is the right thing to do. >> sean: according together associated press in 20091,470 households filed returns with incomes above one million dollars they paid no federal income tax. they also add this, that's less than 1% of the nearly 23...

structu destruction of the wildfires in texas. this now stretches across a 16-mile area. winds whipped up flames again today. a separate fire in eastern texas killed a mother and her 18-month-old child. tropical depression lee slogging its way north today after dumping as much of a foot of rain in parts of louisiana. pumps in new orleans helped prevent any major problem there. that was good. but the storm caused flooding in other towns and cities along the gulf. in alabama, lee spun off portable tornadoes and strong winds damaged at least 20 homes in thewn the television say, torna...

romney served one term as governor, perry is in his third. that's what this is about. >> i'm running for office because i believe that having spent my life in the private sector meaning in business, that i understand what it takes to get business going again. >> and perry's rebuttal? >> give him my love. >> and claim to have the job creation bragging rights. >> 40% of all the jobs created in america from june of 2009 until the present were created in texas. i know how to create jobs. >> a packed hour ahead, including putting that claim from governor perry to the truth test and showin...

>> i'm running for office because i believe that having spent my life in the private sector, meaning in business, that i understand what it takes to get business going again. >> and perry's rebuttal? well, part texas macho. >> give him my love. >> and part acclaim to have the job creation bragging rights. >> 40% of all the jobs created in america from june of 2009 until the present were created in texas. i know how to create jobs. >> a compact hour ahead including putting governor perry to the truth test and showing you how the 2012 map is so very different from 2008. here is jessica...

longer the elephant in the room, governor rick perry announces he's joining the republican party for president. >> he may be the republican front-runner but he was not feeling the love at the iowa state fair. he got heckled and laughed at over three words he said, words he may come to regret on this "american morning." -- captions by vitac -- www.vitac.com ing. >> oh, thank got it's friday. >> wait a minute. i've got to move my stuff. >> good morning. happy friday to you. it's august 12th. welcome to "american morning." up first, texas governor rick perry, the elephant in the room,...