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Detailed text transcripts for TV channel - MSNBC - 20111026:22:06:00

Cut taxes on the top tenth by $1.4 million a year, but it would raise taxes on the average working american by $3,000, on the top 1%, it would cut their taxes by about 238%. this is outrageous, and you know what? there s no doubt why people are occupation everywhere. this is absolutely intolerable, and americans aren t going to stand for it. jared bernstein, when you look at the ryan plan, let s go off of what the congressman just said. look at the ryan plan. it says that two thirds of the cuts come from low-income programs, $2.9 trillion. other program cuts, $1.6 trillion. so they re talking about the president with class war fare. while they want to cut programs to the poor. right. they want to protect tax cuts to the rich, and then turn

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Detailed text transcripts for TV channel - MSNBC - 20111026:22:10:00

Rich with more money, take it from the poor and accuse the president, as ryan said today, of class warfare if you dare interrupt the conversation. exactly. the republican the problem with the republican plan, simply put, is that they re scratching exactly the wrong itches. we ve got a lot of real problems in this economy, job, incomes for the middle class, all of these things go exactly the wrong way. that s why the american people are so disappointed, so active upset that folks in this town simply aren t listening to them. congressman, it s not just ryan. look at boehner. boehner, you re the speaker in your house at this point, certainly no choice of yours. at least for a short while. he talked about deregulation today. look at how he is trying to deregulate everything so we again expand this inequality.

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Detailed text transcripts for TV channel - MSNBC - 20111026:22:01:00

Inspiring a few spin-offs, but what about votes? he s meeting in ohio. nia malika henderson and dana milbank ones cain crisis. and parent alert, the baby whisperer wrangles a fussy infant. now can he quiet the big babies on the hill? politics nation starts right now. welcome to politics nation. i m al sharpton. tonight s lead class warfare republican style. folks, everything you need to know about class warfare can be summed up in this eye-opening graphic. during the past three decades, the top 1% in this country saw

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Detailed text transcripts for TV channel - MSNBC - 20111026:22:07:00

Around with class warfare. i come from new york. it s like going to times square with a three-card monty. they re playing a shell game on the american voters. right. in fact, if you look at ryan s budget, what he does with those savings, the trillions he s taking from programs for the most vulnerable is he pours them right into the tax cuts for those at the very top of the income scale. in fact wait a minute. rewind, because i want people to get this. so he in effect is cutting programs for poor and working-class people to pay for the richest tax cuts. this is robin hood in reverse, okay? you take from the poor, give to the rich. that s just plain robbing, but go ahead. you can really draw a very consistent line, reverent from the budget the house republicans have adopted, to the very plans that congressman ellison was just very accurately discussing. the problem that i think the american people have with this is it s piling on, it s

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Detailed text transcripts for TV channel - MSNBC - 20111026:22:03:00

Stronger. it s disappointing this president s access v. exacerbated this form of class warfare in so many ways. are you serious? the top 1% has tripled their income in the past 30 years, and you re fighting for their tax cuts? that s the real class warfare. right, mr. buffett? my class has won. we ve gotten our tax rates reduced dramatically. you heard the man, but all i hear out of you is this we could get into this, tax the rich, tax the rich, but that is not that s not the basis for america. higher taxes are not the answer. why are we even talking about tax hikes. tax increases i think are off the table. off the table?

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