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Detailed text transcripts for TV channel - FOXNEWS - 20110717:20:31:00

borrowing of the united states and has strong bipartisan support. gregg: i spent the morning rereading simpson-boles and it includes revenue increases of $995 billion. so you are advocating a tax increase, aren t you? i think the key features of this bill are number one to cap spending and generated savings there. number two, the reform of entitlements including social security and medicare. then number three, tax reform that wipes out all tax expenditures but defend mortgage interest and charitable interest deductions. that goes from 39% and 28% and share the revenue between deficit reduction and the lowering of taxes. gregg: simpson-boles which you advdvocate calls for a tax

Revenue increasesRereading simpsonTax increaseArent you995 billion95 billionTax reformSocial securityTax expendituresMortgage interestInterest deductionsDeficit reductionSimpson bolesAdvdvocate calls

Detailed text transcripts for TV channel - FOXNEWS - 20110717:20:31:00

includes revenue increases of $995 billion. so you are advocating a tax increase, aren t you? i think the key features of this bill are number one to cap spending and generated savings there. number two, the reform of entitlements including social security and medicare. then number three, tax reform that wipes out all tax expenditures but defend mortgage interest and charitable interest deductions. that goes from 39% and 28% and share the revenue between deficit reduction and the lowering of taxes. gregg: simpson-boles which you advdvocate calls for a tax increase. are you in favor of a tax increase? i think the tax reform in

Tax increaseRevenue increasesArent you995 billion95 billionTax reformSocial securityTax expendituresMortgage interestDeficit reductionInterest deductionsSimpson bolesAdvdvocate calls

Detailed text transcripts for TV channel - FOXNEWS - 20101026:17:15:00

year. they ve had five whole meetings and decided that the interest deductions on homeownership, on mortgages megyn: because you can deduct your interest that you pay wards your mortgage, your health care savings account, that s all pretax dollar, that might be going bye-bye. that would go bye-bye megyn: and the child tax. the child deduction could go as well. it actually goes to about $1.3 trillion a year. and they re styling this as reform, as i said. what it is is a $1.3 trillion, potentially, tax increase on america. it s outrageous. it is not only horrible politics for east party and certainly both parties, it is terrible, terrible economic policy. megyn: how are they going to get away with this? this commission s going to recommend it, but doesn t the congress have to pass it?

Studiob megynInterest deductionsHealth care savings accountTax increase3 trillion1 3 trillionFeast partyDoesnt the congress

Detailed text transcripts for TV channel - FOXNEWS - 20100927:16:36:00

reporter: it is hard to imagine firing a low-wage assembly line worker in china and bringing that job here, so that s why it has limited impact. number two, you d have they would lose some tax deductions. companies closing plants at a loss or moving operations overseas, we might have to have interest deductions for any money borrowed, that sort of thing. they would lose those tax deductions. the third item is different tax treatment for companies that close plants here and open one overseas. any goods sold to the u.s. from the new overseas plant would be taxed differently. so it s not at all clear how much impact the law would have, but even some democrats worry it could be applied in ways that hurt u.s. companies. senator max baucus of montana, the democratic chairman of the senate finance committee, expressed his concern last week saying he fears, quote, it puts the united states at a competitive disadvantage. and senate republican leader mitch mcconnell argues that many american

Tax deductionsAssembly line workerJim angleTax treatmentInterest deductionsMax baucusOf montanaMitch mcconnellUs senateSenate finance committee

Detailed text transcripts for TV channel - MSNBC - 20171120:18:20:15

Detailed text transcripts for TV channel - MSNBC - 20171120:18:20:15
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