18.1 and 18.5 million. you have a chance of doing a lot of other things before winning the megamillions. one thing is winning the lottery. 1 in 259 million chance to get the big megamillions. the big jack pot. a hole in one on a par three. my 85-year-old grandmother has done it twice in her life. pretty lucky there. to be struck by lightning. 1 in 10,000. and the odds of a shark attack. one in 11.5 million chances. the good news is for the people thinking about going back for tuesday, you have a 1 in 15 shot of winning something. why not go try? we need to move out of the next story. so many people are talking about it.
think it is helpful the president is putting chain cpi on the table. a more accurate reflection of true inflation. in terms of doing a deal raising more revenue, republicans want to raise more revenue through economic growth. gregg, a couple figures even with the meager economic growth from 2009 to 2012, revenue increased $34 billion per year if we return to a normal economy where revenue generation is 18.1%, that would add another $435 billion per year. the problem with the president s proposal, it increases taxes. it will harm economic growth. the fiscal cliff deal will raise $41 billion next year. raising people s taxes will harm economic growth and likely result in less revenue than we can get through growing our economy. gregg: what if you re only taxing high income wage earners for example? for example the president wants to make those earning more than a million dollars pay at least 30% of their income in taxes and 28% on
we told you at the top of the show a video showing mitt romney telling supporters in private that 47% of americans pay no income tax was posted online by the progressive outlet mother jones forcing romney to address the matter in a news conference last night. though the figure is in line with the tax policy center s findings on federal tax payment, most households did end up paying some tax on their earnings. if you want to sound smart, tell your friends, according to the tax policy center. only 18.1% of households paid neither income tax nor payroll tax in 2011. of that 18.1% more than half were elderly who already paid in over the course of their lives and most of those who weren t elderly had income under $20,000. let s huddle up to watch
manipulator is going to be it going to fix it all. it fails to take into account that since 2005 the chinese currency has appreciated 40% in real terms. since obama became president, it s appreciated 20%. in fact, there are a lot of people who were shorting the rmb in the belief that it is already reached fair value and it s going to, in fact, no longer appreciate but depreciate. these are things which it seems somebody who comes out of the private equity business the way i do, it seems to not be credible. that kind of ad is not going to particularly resonate. thank you so much. wish we had more time to talk about the subject. thank you. as president obama talks about cracking down on china, mitt romney is courting the latino vote. less than an hour from now he speaks before the hispanic chamber of commerce in l.a. about how latinos are hurt by the economy. in part of that speech he s saying while national unemployment is 18.1%, hispanic
millions of black families that migrated to the north in the early decades of the 20th century, yet even as she took her place in history, the great migration that made her story possible had begun to reverse. the first decade of the 21st century has seen a reverse my gracious and as of 2010 18.1% in the midwest and 9 west. and from 2000 to 2010, more than thee quarters of the african-american population growth occurred in the south. why the change? to understand the present, we have to discuss the past, so i recently visited the museum of african-american history in chicago to learn more about the great migration. i lived in hyde park for many years and it is a destination, in terms of the community, but