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Most have cell phones. most have big color tv's. this is not zimbabwe here. i am a little shaky on you guys. i think the u.s. economy if you raise taxes which barack obama wants to do that will harm the economy and not stimulate the economy. >> the way he wants to raise ks tays is how it will harm the economy. we are focusing on ordinary income. the ordinary income is just the average guy working. it is the small business. >> we have had much higher tax rates than we have now, and we have had phenomenal prosperity. >> i would rather eliminate the loopholes and do it that way. >> you think it w...

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Investment in a chinese oil company. this is a candidate who's paying an effective tax rate of 14.1%, which is about half. half what the average worker pays and, yet, when asked if this is fair, here's his response. >> you paid 14% in federal taxes. that's the capital gains rate. this is fair to the guy who makes $50,000 and pay the higher rate than you do? >> it is a low rate and one of the reasons why the capital gains tax rate is lower is because capital has already been taxed once at the corporate level, as high as 35%. >> so you think it is fair? >> yeah, i think it's a right way tone cou...