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i m ashleigh banfield. good to have ali here all week. in the battle over the bush-era tax cuts, playing politics with your takehome pay and nothing hort of the presidency is on the line here. if the two parties can t agree on extending those tax cuts by the end of the year, a typical american family making $70,000 a year could get hit with a tax increase of $3,000. that is a lot of pain. right now house republicans are busy crafting a plan to extend those tax cuts for everyone across the board rich, poor and everything in between. this is a plan that cannot get through the democratic-controlled senate. the president making a big push to let those tax cuts expire for the wealthiest of us americans. here s what s at stake. we ve got the bush tax cuts are set to expire at the end of this year. and i feel very strongly that the middle class tax cuts, which would affect 98% of americans, should be extended further. now is not the time for a tax increase on the middl ....
yp you juyou just heard to tax returns. mitt romney released histax returns 30 minutes ago. it s no surprise. mitt s a rich guy. here s a look at just how rich. he made more than $21 million in 2010. almost all of it came from incompetent vestments, not wages. he payed $3 million in taxes that year or 13.9%. christine romans is digging deeper into the 1040s. let s start with his offshore funds, christine. we had talked a little bit about that this week, and now we re actually seeing it in this, what is it, 200 something pages i ve got on the table. let me show you. i have it too. this is from 2010. willard m. and ann d. romney. they ve blocked out their social security numbers just in case you re wondering. so it s actually brad malt who handles all their blind trusts and their investments. he s on the phone talking to reporters. he s saying to call these overseas accounts is not right. these are funds. he s got all kinds of foreign stocks, american stocks, foreign ....