supports, taxes rise for the poor. wealthy see massive tax cuts. now if you re below $200,000, if you re at one million, it s a $265,000 fax cut. you re looking at a real, real unfair scenario as far as i m concerned, and when you look at the buffet plan, most persons are supporting the buffet plan. gallop just came out with a poll saying 60% of all voters, 63 of all independents support the buffet plan. you have the ryan plan that helps the rich, you have the buffet plan that says let s have fairness, that s the politics, marie. absolutely, the last time america informs this deep recession was the great
on the head by saying, when you re dealing with the average american, working and struggling, and paying more taxes than those making 10 and 20 times more than they make, is it fair to them? i think you re absolute lit right, what is happening right now is between the buffet plan and ryan plan is how they see two worlds. president obama says i m making a lot more money than the average american, tax me more. mitt rom any is saying i m uber rich, tax me less and let s tack the poor so i can get off scott free. what we need to have is an honest conversation about individuals in this country, when they pay taxes, it s an investment in our future, an investment in stimulating our education and infrastructure and investment in our innovation and where we re going in the next 50 years. the fact that the wealthy who
millionaires. neil: he famously said . guest: he makes $100,000 a year, something like that so the buffet plan, they don t want to call it a tax, i will call it the buffet tax, does not hit mr. buffet but everyone else. entrepreneurs. small businesses. people that make $1 million. the working class people. neil: but hiking the capital gains would pay for that? guest: it would. but buffet would say he has never met an investor that cared about this. i don t know where to we begin on this. warren buffet is not some sort
i m talking about .3% of the american public. the people from $1 million on up i think should be asked to share a little bit of the sacrifice we re all being asked to share. good morning, tuesday, august 16 on set. msnbc contributor mike barnicle. msnbc and time magazine senior analyst mark halperin. best-selling author. combat army united states, josh moore and nicole wallace. how are you doing this morning? outstanding. when congress comes back, if the president puts out some sort of a jobs plan, some sort of a proposal to repair the economy, will the buffet plan be included in that, or some form of it? i think the president is going to have to go back to what was in the original budget in the beginning of the year and some of the things he s laying out, a balanced approach with new revenue.