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CNNW Anderson Cooper 360 January 31, 2012



rhode island senator sheldon whitehouse announces tonight he ll introduce a warren buffett rule bill in the senate. first touted by president obama in his state of the union last week, the bill would require those earns more than a million dollars to pay at least 30% in taxes. that s an effective rate. the marginal rate would be 44%. he comes outfront tonight. we appreciate you taking the time, sir. thank you very much. it s good to be with you. a lot of people say this bill isn t going to go anywhere. you re going to get fights from republicans. millionaire s taxes didn t pass in the senate last year despite the democrats there. is this really a move for a political headline or something you think will actually pass? i think there s a good chance that it can pass. if it has difficulty on its own, bear in mind at the end of this year, all of the bush tax cuts expire and that s going to motivate everybody in washington to rethink tax policy. it doesn t make any c ....

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