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Detailed text transcripts for TV channel - MSNBC - 20130324:12:48:00

the personal income also. sal, i will be happy to give you a lesson on this it has been 15 years. fact of the matter is a person that makes $30,000 a year in new york city pays something like 3.3% of their income in city income tax. a person that makes $30 million a year pays something like 3.7%. yeah, they are not exactly equal but you go from 3.3% to 3.7%. that s not true. it is over 5%. no, it is absolutely not over 5%. to the tipping point. i think we have to recognize the city is stuck on a lot of levels. this income disparity, lack of opportunity problem, and one of the reasons i say you need to tax the wealthy is because if you don t fix the school system, a lot just can t change if you don t have early childhood education. after school. up can t allow pathway opportunity for young people. the investment oriented strategy, which i say is we

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