Detailed text transcripts for TV channel - FOXNEWS - 2012122

Detailed text transcripts for TV channel - FOXNEWS - 20121229:21:34:00

trillion out military without affecting people. i think both chiefs of army and marine corps have said that. we're going to have to go active duty military, those that have served four, five, six tours in afghanistan and tell them they need to leave prematurely and think that is wrong. >> arthel: we appreciate your perspective. >> gregg: overseas in france, a high court has now just struck down a 57% income tax rate on the richest citizens they're saying it's excessive and unfair and unconstitutional. the ruling is a huge blow to the president who had promised during his campaign to raise taxes on the wealthy. katherine field is a correspondent for global radio news and joins us from paris. what did the courts say about this.

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