Detailed text transcripts for TV channel - MSNBC - 20120417:04:02:00
Rule, on the bill failing tonight mostly along party lines. they called for a vote on the buffett rule today knowing it would never muster the 60 votes to pass. >> you probably heard a lot about the buffett rule. it would create an effective tax rate for people making a million dollars or more a year. it would do that to avoid a scenario in an x private bar republican president candidate drawing $20 million a year in capital gains, let's call him kit domny, would pay an effective tax rate of 14% while middle class pays a tax rate that's actually higher than that. that's basically the buffett r...
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