Page 43 - Tax Notes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

long legs. >> i want to bring in our national political economist. we have seen this getting pretty ugly. does this resonate with voters when they hear the back and forth? >> i don't know. i talked to a few voters out there on the campaign trail. every one of them will tell you they hate this stuff. then every expert will say this works. there's a reason why the campaigns are going back and forth and there's a reason why the obama campaign has been ataa attacking mitt romney and his tax returns. they believe they are working. the president defended attacks. he says mr. romney has cal...

But there's a yearning for something simpler and less complicated. and frankly it's a little bit like proposition 13, the old proposition 13 from out in california, lawrence. a tax revolt a generation ago that helped propel ronald reagan into the presidency. those were people in the suburbs that benefits from education, roads and everything, but they didn't want to pay money to the next generation of them. that's what it was about. they didn't want it for them. >> howard fineman of "newsweek" and msnbc. thank you for your report from the front this evening. >> thank you, lawrence. let's turn...

Government expense and stick you with the bill". and he's now a columnist for the trade journal tax notes. david, sarah palin is complaining. she's complaining today that 47% of households pay no federal income tax. what is she getting at with that as a complaint? isn't that something she should be celebrating? >> i would think that tax cuts promoted by president obama would be popular with her. about one in seven americans who paid taxes the last year george bush was in office didn't pay taxes last year and won't this year because of president obama's two-year tax cut. so, yes, you would thin...

The economy. let's bring in the columnist for tax notes, pulitzer prize winning journalist david k. johnson. it's good to have you with us tonight. >> thank you. >> it's interesting, when you look at the republicans, and i want to put up the chart showing what one day's worth of bush tax cuts for millionaires could do, and this is where the republicans want to cut. put it into perspective for us. >> well, the proposal that you're seeing is part of a broad pattern here. michele bachmann said she wanted to make a bunch of changes in the tax code, including reducing the corporate tax to 9%, lower...

Old garage now and again to put on small shows by bette midler and cher. mr. anschutz even owns small newspapers, including "the weekly standard." "countdown" has even identified one "s" corp. owner whose reclusive founder and chairman actually works out of these very nbc headquarters in new york. hi. technically, i'm a small business. as promised, let's bring in pulitzer prize-winning reporter david cay johnston, the author of "free lunch." he's also a columnist for tax notes. david, thanks for your time. >> thank you, keith. >> first of all, did we explain what's going on correctly and can y...