To the Point
Mitt Romney's Taxes and the Question of 'Fairness'
America's so-called "progressive" tax rates used to rise with income. Mitt Romney's returns demonstrate it's the other way around...
America's so-called "progressive" tax rates used to rise with income. Mitt Romney's returns demonstrate it's the other way around. Would the President's push for "tax fairness" give everybody a "fair shot" or is it "class warfare" designed to get votes by dividing the country? Also, why is Ray Lahood's son being held in Cairo? On Reporter's Notebook, a new job for WikiLeaks founder Julian Assange: an English-language talk show on Russian TV.
Banner image: Republican presidential candidate Mitt Romney holds a campaign event on January 24, 2012 in Lehigh Acres, Florida. (Photo by Chip Somodevilla/Getty Images)
In this episode
3 storiesWhy Is Ray LaHood's Son Being Held in Cairo?
Sam LaHood, the son of US Secretary of Transportation Ray LaHood, was detained Saturday by authorities in Egypt. He's not under arrest, but he's been told he can't leave the country. Noel King is a freelance reporter based in Cairo.
Read the story7 minTax Fairness and the Presidential Campaign
When Mitt Romney released his tax returns, they showed a rate of just 14 percent on $20 million in profits, dividends and interest. The next day in his State of the Union address, President Obama called for tax reform that's become known as the Buffett Rule, calling economic fairness "the defining issue of our time."
Read the story34 minWikiLeaks' Julian Assange to Host TV Talk Show
The founder of WikiLeaks is still under house arrest appealing his extradition to Sweden, but Julian Assange is taping a new TV show in the mansion where he lives in Britain. Russia Today will air in English -- in Russia. Funded by the Kremlin, the program is generally regarded as an exercise in image enhancement. What does it want with Assange?
Read the story10 min