Page 36 - Top Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I think highly of romney, and he's been the front-runner. newt, romney, one of those guys is moving forward. they both looked you in the eye and said they're not going to raise your taxes. >> who's got the better conservative credentials? >> on taxes they're both fine. on their commitments not to raise taxes, and newt's put together a fairly radical, robust tax reform proposal. i think the most written-out one is now rick perry's of texas. his 20% top rate, kill cap gains, that's great. i think romney put his plan in very early. needs to update it to catch up with sort of where the debate's go...

He's been the front-runner. newt, romney, one of those guys is moving forward. they both looked you in the eye and said they're not going to raise your taxes. >> who's got the better conservative credentials? >> on taxes they're both fine. on their commitments not to raise taxes. and newt's put together a fairly radical robust tax reform proposal. i think the most written-out one is now rick perry's of texas. his 20% top rate, kill cap gains, that's great. i think romney put his plan in very early. needs to update it to catch up with sort of where the debate's going. >> we'll leave it there. g...

So buffett has hit the ball back over. so buffett went on to point out that, if you look at the statistics that are published by the irs, it shows the 400 highest income americans whose incomes average $227 million each paid 21.4% of federal taxes, 14% below the actual top rate. what was warren buffett paying? about 17%. so warren buffett pays a 17% tax rate. >> good for him, isn't it? >> we've known this for a while. we knew his taxes. he never disclosed his income. from his taxes you could figure out his income. i know you talked a lot about account tantsz and lawyers and all this stuff. thi...

we're talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and that's something that republicans are hitting on. and frequently both sides have used this when they do th...

one-termer. the vibe was bad enough this week. the top obama campaign strategist sent a memo to reporters noting that the president's support from the democratic base is strong. the same cannot be said of independents. 54% disapprove of how he's doing his job. things can change between now and november 2012. the more immediate question is whether president obama has the political capital to sell his jobs plan to the public and push it through congress. joining us now, the number two democrat in the senate, senator dick durbin. thank you so much for being here. and let's just start ...