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Detailed text transcripts for TV channel - FOXNEWS - 20120416:07:15:00

Warren buffet earned. he s largest shareholder of a company $18 earns 40 million dollars individually he earns 4 billion that s personal share of the earnings and bircher hath away played 29 percent income tax last year. the top corporate rate is 35 percent. warren buffet spent a lot of money with all kind of loop hole to lower the effective rate from 35 to 29 percent and if you want to pay mr. taxes company of just paid 35 percen percent. the fact of the matter is if warren buffet wants the money and pay as dividend to himself or shares share of stock the rate is 45 percent and that s much higher than what his secretary pays and warren buffet know that is and i m sure obama know that is too. really not accurate for him to go out there and say my sec pays more. the president released his tax return yesterday. the president payed 20.5 percent in taxes which is less than his secretary paid in ....

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