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Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:32:00

and the tax expired for this year at the end of last year and technically congress has to get on board with just that. and then on top, the bush tax cuts start expiring and people do not want their taxes to go up, but the bigger question, how will the next leader of this country fix our fiscal situation? adam, does it come down to that? ultimately, listen, i know that this is something, a center piece of president obama s reelection run, all about taxing the rich and those who don t pay their fair share, but do you think, first of all, that s the solution? and do you think it s going to resonate on main street at the end of the day? well, one of the issues of main street is, are these very soft, sort of large issues that you raised, people don t like, they think there s too much government. he think this there s too much they don t want it pay taxes. on the other side of that, inequality, the rich don t pay their fair share and so on. i think what you saw in georgia, for example,

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