Detailed text transcripts for TV channel - MSNBC - 20120417:

Detailed text transcripts for TV channel - MSNBC - 20120417:09:04:00

leading. >> reporter: and republicans blocked senate consideration. polls show the plan backed by president obama and his billionaire buddy, warren buffett is popular with voters. the buffett rule. to tax families making $1 million a year at least 30%. $433,000 u.s. house-holds, it would raise just 47 billion in ten years. >> one week's interest on our $15 trillion national debt, that's it. >> but it makes the point that mitt romney is megarich. he was at a red sox game today. expecting to pay just 15% in taxes. on $21 million, in 2011 income. half the buffett rule rate. last weekend, romney was overheard by reporters revealing he wants to lower tax rates for the rich. so small businesses that pay those rates can hire more workers. romney said he would eliminate deductions so the rich would pay

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