Detailed text transcripts for TV channel - MSNBC - 20130324:12:48:00
The personal income also. sal, i will be happy to give you a lesson on this it has been 15 years. >> fact of the matter is a person that makes $30,000 a year in new york city pays something like 3.3% of their income in city income tax. a person that makes $30 million a year pays something like 3.7%. yeah, they are not exactly equal but you go from 3.3% to 3.7%. >> that's not true. >> it is over 5%. >> no, it is absolutely not over 5%. >> to the tipping point. i think we have to recognize the city is stuck on a lot of levels. this income disparity, lack of opportunity problem, and one of the re...
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