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Detailed text transcripts for TV channel - FOXNEWS - 20141212:11:18:00

months, we never paid so much money in tax. ever. that is a flatout record. where did that money come from? half of it came from individual income taxes. it s you and i, the income taxpayers of this planet who paid $192 billion towards that record tax inflow. but what happened? we spent it all and then some. so we kept racking up this massive debt which is dproag and growing and growing and growing. by the time president obama leaves office in january 2017, we will owe collectively $20 trillion. for that statistic, $402 billion in two months, and what is it? 47% of people in the united states don t pay federal taxes. that goes to show what a crushing burden it is on the mitt romney just confirmed it is 47%. president obama wants taxes to go up. he wants to raise more tax revenue and he wants to

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