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Math is going. richer, nowhere fast. at a minimum, the effective tax rate jumps beyond the clinton rate of 39.6%. limiting deductions to that degree could jack it up to 45%. i am not including new taxes like the 3.8% surtax that top bracketeers are going to fork over to pay for the new healthcare law, to say nothing of higher gain and dividend rates. a top federal rate that climbs to 55%. when you throw in the higher state taxes in cities and states promising millionaire tax hikes, not just affecting if millionaires. that brings us to 60%. that is 15 points higher. this isn't specious math. th...
Continues right now. where is he headed next. for that we turn to msnbc dylan dreier. she's headed nowhere fast. that's the biggest issue because the storm will rain itself out over portions of pennsylvania and new york state. it's also going snow itself out over portions of ohio, maryland, west virginia. we've had reports from garrett, maryland, already 24 inches of snow. this is a strange hybrid type of storm and it's transitioned into this'eastnor'easter-type situat with the heavy rain and the gusty winds and it is almost over the entire eastern section of the country all at once. there's f...
Mention that at least the democrats seem to have some type of policy positions. the republican party has no policy positions. all they have is obstructionism. at one point, they're concerned about the deficit. the next thing, they don't care about paying for tax cuts. >> i'm going to cut this off, just because it's going to go nowhere fast. and i'm not trying to deprive you of fair time, tim, by any stretch. i just think that all those proposals, whatever the proposals are, they don't address our problems, because the democrats' proposals, we saw them on banking, we saw them on health care. th...