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Detailed text transcripts for TV channel - MSNBC - 20111017:06:04:00

and we re replacing them with a 9% visible tax. for example, take a loaf of bread. the farmer pays taxes on his profits. the company that makes the flour, the baker, the delivery man. by the time that loaf of bread gets to the grocery store, there are a series of invisible taxes, ich are also called embedded taxes. so in reality, those taxes go away, and so the price of goods don t go up. you re saying they actually go down? yes, they actually go down. based on what? based upon competition. competition drives prices down. for example, suppose one breadmaker says i m going to charge $2.20 for a loaf of bread, and the other one says he s going to charge $2.40 for a loaf of bread. well, guess which one is going to win out based on the quality of being the same? my question had to do, however, with the reality of this plan. the wealthiest americans would pay less, the poorest americans and middle-class would pay more. you don t dispute that? i do dispute that.

Delivery manInvisible taxesGrocery storeGoods dont go up42 4032 20Wealthy americans9 planMiddle class

Detailed text transcripts for TV channel - MSNBC - 20111016:18:04:00

invisible taxes that are built into everything we buy. we ll simply those invisible taxes are going to go away. and we re replacing them with a 9% visible tax. for example, take a loaf of bread. the farmer pays taxes on his profits. the company that makes the flour, the baker, the delivery man. by the time that loaf of bread gets to the grocery store, there are a series of invisible taxes, which are also called embedded taxes. so in reality, those taxes go away, and so the price of goods don t go up. you re saying they actually go down? yes, they actually go down. based on what? based upon competition. competition drives prices down. for example, suppose one breadmaker says i m going to charge $2.20 for a loaf of bread, and the other one says he s going to charge $2.40 for a loaf of bread. well, guess which one is going to win out based upon the quality of being the same?

Grocery storeDelivery manGoods dont go up42 4032 20

Detailed text transcripts for TV channel - MSNBC - 20111017:08:04:00

9% visible tax. for example, take a loaf of bread. the farmer pays taxes on his profits. the company that makes the flour, the baker, the delivery man. by the time that loaf of bread gets to the grocery store, there are a series of invisible taxes, ich are also called embedded taxes. so in reality, those taxes go away, and so the price of goods don t go up. you re saying they actually go down? yes, they actually go down. based on what? based upon competition. competition drives prices down. for example, suppose one breadmaker says i m going to charge $2.20 for a loaf of bread, and the other one says he s going to charge $2.40 for a loaf of bread. well, guess which one is going to win out based on the quality of being the same? my question had to do, however, with the reality of this plan. the wealthiest americans would pay less, the poorest americans and middle-class would pay more. you don t dispute that? i do dispute that.

Delivery manInvisible taxesGrocery storeGoods dont go up42 4032 20Wealthy americans9 planMiddle class

Detailed text transcripts for TV channel - KNTV - 20110922:00:56:15

Detailed text transcripts for TV channel - KNTV - 20110922:00:56:15
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