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Detailed text transcripts for TV channel - FOXNEWS - 20131122:12:17:00

rates will never produce enough revenues to balance our budget, just as it will never produce enough jobs or enough profits. don t those ideas sound closer to the political right than the political left? joining us is stuart varney from the fox business network. he is expounding some of the principles of the tea party of today back in the 1960s. you would have thought that that sound bite could have been written by ronald reagan. surely. he s far more jfk would seem to be far more at home with the tea party and republicans then with today s ob democrats. there are two issues. tax. taxes are at the very heart of economic policy. jfk cut tax. he proposed the tax reduction act, which was enacted after his death. he cut the top tax rate for individuals. he cut corporate tax rates. he cut taxes and set off a boom, directly opposite of president obama. tell people how high taxes were back then. 91% was the top tax rate in

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