rhode island senator sheldon whitehouse announces tonight he ll introduce a warren buffett rule bill in the senate. first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that s an effective rate. the marginal rate would be 44%. he comes outfront tonight. we appreciate you taking the time, sir. thank you very much. it s good to be with you. a lot of people say this bill isn t going to go anywhere. you re going to get fights from republicans. millionaire s taxes didn t pass in the senate last year despite the democrats there. is this really a move for a political headline or something you think will actually pass? i think there s a good chance that it can pass. if it has difficulty on its own, bear in mind at the end of this year, all of the bush tax cuts expire and that s going to motivate everybody in washington to rethink tax policy. it doesn t make any common
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politics in-depth. i m wolf blitzer in florida, you re in the situation room. the dust is settling here in jacksonville, florida, after our very exciting cnn republican presidential debate last night. and there s new evidence that mitt romney is gaining support four days before florida puts its stamp on the republican race for the white house. the new poll shows romney nine points ahead of gingrich among likely gop primary voters here in florida. the survey was taken tuesday through thursday entirely before our debate last night. gingrich was leading romney in florida earlier this week. right after he won the south carolina primary, but in the last couple of days, he clearly lost some of that momentum here in florida. and he s now trailing romney. newt gingrich came out swinging in debate here in jacksonville, but some campaign watchers think he was off his game last night. our chief political analyst gloria borger listened to every word of the debate. she was here in jac
we go there tonight. let s go outfront. good evening. tonight, the super rich surtax. okay, i keep stumbling on that one. but president obama today went on the road to press a theme from his state of the union address telling millionaires they need to pay up. if you make more than a million dollars a year you should pay a tax rate of at least 30%. all right, the president s proposal would affect about 240,000 tax filers across the country. an expert tells us it would effectively raise the top margin rate about 44% for millionaires. now, that s the highest it s been since the middle of this guy s administration when he was cutting taxes. now, putting aside the debate over whether it s fair, here s the math. taxing this dplup would bring in $41 billion in revenue a year. that adds up to about 380 billion over ten years. thanks to david logan for running the numbers for us. that sounds like a lot of money, right? but here is an interesting thing. compare it to our debt a
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