Detailed text transcripts for TV channel - MSNBC - 20120416:11:16:00
Year, $600,000 a year, is being compared to warren buffett. at the end of the day, that comparison doesn't stick. >> but the reality doesn't stick either, the way that the taxes are doled out now. >> but the code needs to be reformed. the president who wants this bill to be passed, he has not paid 30% federal taxes in the last two years. why? not because he didn't want to but because the code is structured in a way. tell me this, what does the buffett rule -- how do you mandate that someone pay 30% under the buffett rule? >> well, obviously, you have to raise, obviously -- >> but the buffett r...