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Jegene Spurli News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - MSNBC - 20110414:11:31:00

that s reasonable, is it not? come on. let s bring in right now, we have over at the white house, we re going to be able to talk to the director of the national economic council, jegene spurli. you ve been listening. nice to have you. thank you for dropping by. you ve been listening to this discussion and it seems like there may be a middle ground on tax. a lot of people don t understand why warren buffet pays 14% in taxes and people making over $500,000 spend and average of 18.8% effective tax rate. can we get a lot of more revenue by closing these loopholes for the wealthiest americans? that s one thing the bipartisan tax commission, the bowl bowles-simpson commission called for. virtually every bipartisan deficit reduction process we have seen has said we should be able to find ways we can reduce tax expenditures enough we can

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