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Detailed text transcripts for TV channel - FOXNEWS - 20120801:20:55:00

this country. it was there to fund pension plans and expand plants and equipment and threw off $20 billion in corporate income taxes as a result of coming back here and a very small repatriation tax rate, zero percent is better. but going forward, it caps you up from the bad policy you have had until this point, but we really need to move to a system of territorial where we receive the tax income earned in the united states and if you earn income outside the united states and pay taxes abroad you should not have to pay taxes to the i.r.s., too. eric: bring it back, or use 25 percent to hire united states employees and hire equipment, so if you do it that way you will probably have a lot more employment. so, news break today, speaker boehner and harry reid said, listen, we would be willing to do a six month extension on the

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