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in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. he comes "outfront" tonight. we appreciate you taking the time, sir. thank you very much. >> it's good to be with you. >> a lot of people say this bill isn't going to go anywhere. you're going to get fights from republicans. millionaire's taxes didn't pass in the senate last year despite the democrats there. is this really a move for a political headline or something you think will actually pass? >>...

first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. he comes "outfront" tonight. we appreciate you taking the time, sir. thank you very much. >> is good to be with you. >> a lot of people say this bill isn't going to go anywhere. you're going to get fights from republicans. millionaire's taxes didn't pass in the senate last year despite the democrats there. is this really a move for a political headline or something yo...

good evening. i'm erin burnett and "outfront" tonight, we have breaking news. rhode island senator sheldon whitehouse announces tonight he'll introduce a warren buffett rule bill in the senate. first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. he comes "outfront" tonight. we appreciate you taking the time, sir. thank you very much. >> it's good to be with you. >> a lot of people say this bill isn't going to go anywhe...

rhode island senator sheldon whitehouse announces tonight he'll introduce a warren buffett rule bill in the senate. first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. he comes "outfront" tonight. we appreciate you taking the time, sir. thank you very much. >> it's good to be with you. >> a lot of people say this bill isn't going to go anywhere. you're going to get fights from republicans. millionaire's taxes didn't pa...

rhode island senator sheldon whitehouse announces tonight he'll introduce a warren buffett rule bill in the senate. first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that's an effective rate. the marginal rate would be 44%. he comes "outfront" tonight. we appreciate you taking the time, sir. thank you very much. >> it's good to be with you. >> a lot of people say this bill isn't going to go anywhere. you're going to get fights from republicans. millionaire's taxes didn't pa...