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Transcripts For CNNW Anderson Cooper 360 20120203

from donald trump. he was all smiles, but another day has gone by without an answer to a crucial question. does mitt think we should pay more taxes? here are his returns. sorry, this is unwieldy. for 2009 and estimated for 2010 and 11. it turns out that 30% of mitt romney s income, $12.9 million comes from one very specific thing. in these tax years, 2010 and 2011. it s calling the carry. here s how it works. partners in private equity and hedge funds invest money for their clintss and clients and get a significant cut of the profits they make. this cut is taxed at 15%. not 35% like regular income. now, money people think it is right to reward people for investing money, for taking risks with a lower tax rate. they argue this encourages people to create jobs. but almost no one says it is right to award the guy what invests other people s money with a lower tax rate. after all, romney didn t take the risk. someone else did. we re knocked down with opm. it s legal and he didn

Outfront
Mitt-romney
Burning-question
Everyone
Endorsement
Taxes
Question
Smiles
Answer
Returns
Donald-trump
2009

Transcripts For CNNW Erin Burnett OutFront 20120203

captions by vitac www.vitac.com good evening, everyone. outfront tonight, a burning question for mitt romney. today, he got an endorsement from donald trump. he was all smiles, but another day has gone by without an answer to a crucial question. does mitt think we should pay more taxes? here are his returns. sorry, this is unwieldy. for 2009 and estimated for 2010 and 11. it turns out that 30% of mitt romney s income, $12.9 million comes from one very specific thing. in these tax years, 2010 and 2011. it s calling the carry. here s how it works. partners in private equity and hedge funds invest money for their clintss and clients and get a significant cut of the profits they make. this cut is taxed at 15%. not 35% like regular income. now, money people think it is right to reward people for investing money, for taking risks with a lower tax rate. they argue this encourages people to create jobs. but almost no one says it is right to award the guy what invests other p

Kate-bolduan
Mitt-romney
Loophole
Everything
Leon-panetta
Spring
Outfront
Violence
Israel
Iran
Response
Soccer-riot

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