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And explains the buffet rule. and he s going to talk about tomorrow. and that is make it more equitiable. there are people, who believe, billionaires can pay more of their share in america because warren buffett is one of these people and says he has other billionaire friends who feel they ve been coded by congress too long because his parent, warren buffett, one month ago wrote an editorial in the new york times saying why am i at 17% tax rate and my secretary, who makes far less than me, a fraction, really of what i make, pays 30%. so, that is warren buffett s wish and show you to remind everyone again, what the top wage earners do pay in terms of taxes in this country. dave: that s particularly important because the president continues to say it s time for the wealthy to pay their fair share. do they already, clayton? . clayton: that s interesting. they pay 38% of all income taxes and top 5% pays 58.7 of all income taxes in the united ....
That, that she s not going to tell her parents, who knows? all right. let s talk about the debt ceiling because president obama in his saturday radio address had an interesting take who should foot some of the bill and how we should get out of this. take a listen. t the truth is you can t cut our deficit without cutting spending and you can t do it without asking the wealthiest for paying their fair share and give tax breaks that middle americans don t get. the top wage earners in america pay 38% of income taxes. the we pay 38% we don t want to pay more. the top five pay 58.7, and top 86 prers and the bottom, zero. and you guys had a depate ....
Take who should foot some of the bill and how we should get out of this. take a listen. t the truth is you can t cut our deficit without cutting spending and you can t do it without asking the wealthiest for paying their fair share and give tax breaks that middle americans don t get. the top wage earners in america pay 38% of income taxes. the we pay 38% we don t want to pay more. the top five pay 58.7, and top 86 prers and the bottom, zero. and you guys had a depate earlier on the 6 a.m. hour and warren buffett and one of the panelists says it s wrong hums ....
It s pa theticily clear who is killing the middle class. and is anybody shocked by that comment. ainsley: it s an odd comparison, it doesn t work. mike: he does it for shock value. ainsley: of course. mike: isn t that what he s saying. dave: well, look, he s saying that republicans are killing the middle class and also saying that the top is not paying their fair share. again, this is something you re hearing time and time again recently. let s ask you, is this the fair share? here is the breakdown, the top 1% in this country pays 38% of all of our taxes, yes, 1%, the top 5 pays 58.7% and i think most importantly, 40% the lowest 40% does not pay income tax, so, how is the middle class being killed? how is the upper class not paying their fairs share, based on those numbers it certainly does not appear to be a theory that holds water. ....
Talked to said that initial response from the navy came from those who probably didn t have an opportunity to see what was actually in those videos and how truly offensive and inappropriate they were in some segments. that s what sealed captain honors fate when the senior leadership up here in the pentagon, i m talking about uniformed leadership said this is totally unacceptable. thank you very much. let s bring in our msnbc contributor, mike, you have some numbers, you asked should captain owen honors be fired. 58.7% said no, 41.2 said yes. what is your thought? it s remarkably stupid when you look at his conduct. four years ago we weren t the ....