Transcripts for CNN New Day 20160113 12:25:00 : comparemela.

CNN New Day January 13, 2016 12:25:00

that goes to the heart of inequality. i had a different agenda because i had a different job. >> you didn't take biden's comments as a slight in. >> no at all. >> oneç of the headlines is yo would impose a 4% surcharge on incomes over $5 million. that would raise about $150 billion over ten years. does that go far enough in addressing income inequality? >> we have a variety of proposals. not only the 4% surcharge which i call the fair share surcharge, the so-called buffett rule which would have a minimum tax rate for people making more than a million dollars, limiting deductions to 28% with a charitable exception. going after a lot of the subsidies that, for example, still subsidize the oil and gas industry, about 6 billion a year while we have to move toward a

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