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Detailed text transcripts for TV channel - FOXNEWS - 20100912:17:22:00

they tk o about extendingr refusing to extend tax cuts and in fact increasing taxes for the peoplehe top earners that includes an estimated 50% of small business income, 900,000 small businesses that employ millions of people and that this would amount to a 13% tax hike from 35% to 39.5%. a 13% tax hike for those people. and is that going really get them to go out and spend mor l? he said look, the vast mhe hajy of the high earners are not small businessmen in any way that people understand it and targeted taxgo for cuts insteatad. that brought us back to the issue hey, look, it s hair money should you just give them the money back and let member decide how to spend it or say well, if you do this specific activity you get a tax break if you don t, you don t. shannon: and a very interesting interview with newt gingrich and looked at predictions for the fall.

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