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CNNW CNN Newsroom September 19, 2011



you re in the cnn newsroom. i m don lemon. we begin with this tonight. president obama has wanted tax increases to help the economy all along, but republicans resisted. now mr. obama is going back tat to help pay for his new jobs plan. and come monday morning, you are going to be hearing all about it when he announces details of the so-called buffett rule, named after one of the richest men in the world, warren buffett. it s a tax on millionaires to make sure they don t pay a smaller percentage than the nation s middle class. as our chief political correspondent candy crowley reports, there s already an uproar in washington. reporter: the president s plan to pay for his jobs program includes the idea of a millionaire minimum tax rate. at least as high as middle class rates. the administration calls it the buffett rule for billionaire investor warren buffett. i have a lower tax rate, counting payroll taxes, than anybody in my office. reporter: it s a catchy monik ....

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CNNW CNN Newsroom September 19, 2011



we begin with this, president obama has wanted tax increases all along, but the republicans resisted, but now mr. obama is helping to pay for his new jobs plan and come monday morning your going to hear all about it when he announces details of the so-called buffett role, named after warren buffett. a tax on millionaires to make sure they don t pay a smaller percentage than the nation s middle class and as candy crawly reports there s already an uproar in washington. reporter: the president s plan to pay for his jobs program includes the idea of a millionaire minimum tax rate. at least as high as middle class rates. the administration calls it the buffett rule, for billionaire investor warren buffett. i have a lower tax rate, counting payroll taxes, than anybody in my office. reporter: it s catchy moniker, although republicans call it something else entire. i when you pick one area of the economy and say we re going to tax those people, it s class warfare. cla ....

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