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25%. the top 1% includes millionaires. what if i already told you they are paying 42 per already of the tax load. they are paying double of what you are suggesting right now. >> millionaires and billionaires should not be paying less than americans. >> they are not. can i give you the data. you are just making that up. the top 1% -- these are facts -- they pay 42% of the taxes now. the bottom 50% pay 2% of federal taxes. the wealthy pay 20 times more. i don't understand where you are getting your numbers that the rich don't pays much. i just gave you the numbers. >> first and foremost.

25%. the top 1% includes millionaires. what if i already told you they are paying 42 per already of the tax load. they are paying double of what you are suggesting right now. >> millionaires and billionaires should not be paying less than americans. >> they are not. can i give you the data. you are just making that up. the top 1% -- these are facts -- they pay 42% of the taxes now. the bottom 50% pay 2% of federal taxes. the wealthy pay 20 times more. i don't understand where you are getting your numbers that the rich don't pays much. i just gave you the numbers. >> first and foremost.

25%. the top 1% includes millionaires. what if i already told you they are paying 42 per already of the tax load. they are paying double of what you are suggesting right now. >> millionaires and billionaires should not be paying less than americans. >> they are not. can i give you the data. you are just making that up. the top 1% -- these are facts -- they pay 42% of the taxes now. the bottom 50% pay 2% of federal taxes. the wealthy pay 20 times more. i don't understand where you are getting your numbers that the rich don't pays much. i just gave you the numbers. >> first and foremost.

For those of you playing at home, the commission, fcc is currently comprised of a pair of republicans and a pair of democrats. song would have had the tie-breaking vote in any regulatory rules that may have come across the desk. now, they're going to have to be bipartisan because she will no longer be the tie breaker. fairly well, trace. >> back to a standoff. kevin corke, thank you, jason shaffetz, it is great to see you. president biden wants to raise taxes in the new budget. i want to fact check the president here. this is 2020 from the irs, the top 1% of taxpayers. that's $550,000 paid 42%...

For some, a particular amount is not the yardstick of comfortable lifestyle or successful career