Detailed text transcripts for TV channel - MSNBC - 20120412:13:34:00
Of river research and joins me now. how are you doing, sir? >> hi, luke. >> you made an argument in your piece i found fascinating. you say the buffett rule is already in place, to a degree. can you explain that? >> yeah, and, again, this observation does not come from, you know, my great creativity. it comes from the nonpartisan center for tax policy, the "new york times" reported about this. so if the buffett rule means a 30% tax rate for people who earn over $1 million, that's kind of the general outlines, if you look at irs reports of how americans pay taxes, most people on the upper incom...
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