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Detailed text transcripts for TV channel - FOXNEWS - 20140412:21:08:00

tuition at this catholic school. i could go on torturing myselfin about the good things i could do with that money, but instead, let s move on to the size of the tax bite. former new york times reporter david k. johnston just wrote a b book called divided, the perils of our growing income inequality. he wants to address that with higher taxes on rich people. will mcbride, tax foundation, does not want too do that.t david, you want higher taxes? i want higher tax rates. here is what i want, the thing you talked about just now with steve forbes, it s not the ratei that make the system complex. you do that on a postcard. it s all those rules unreadablee that allow people to make money they don t pay taxes on. so the very wealthiest people it this country can literally live tax free. i ve shown this in my books and elsewhere from the law. not many do. yes. many of them do. live tax free? yes. how? k well, let s do warren buffet.

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