Gotta love Cenk not knowing the tax code. 35% is the legal rate for ordinary income, but 15% is currently the legal rate for long term capital gains. Ironically, he calls that 15% a tax loophole when it is actually written in the tax code. Looks like he is trying to distort the facts to get people on his side.
Not sure what you started babbling about in the first place...
Cenk said the Buffett Rule would mean that millionaires would have to pay 30% minimum....and then mentioned how the rich, like Mitt Romney, are able to pay very low rates, such as the 14% Mitt paid in the taxes he released. (Of course he filed an extension which means the public won't know the current numbers 'til he files)
He mentioned the Swiss bank accounts and offshore accounts in Bermuda that Mitt has....
Cenk said the top rate is supposed to be 35%....and bear 40% without the Bush tax cuts.
He said the Republicans filibustered the proposal to have millionaires pay 30%
Then he showed a Fox News clip where they had a Gallop poll that said 60% were in favor of the Buffett Rule, and 307% opposed.
Republicans claimed they blocked the Rule because 50 Billion $ is a drop in the bucket.
Near the end of the video, Cenk said literally that for those that make just a dollar less than a million, that the Buffett Rule wouldn't apply to you.
Maybe you ought to take another look at that video.