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Detailed text transcripts for TV channel - FOXNEWS - 20130110:19:38:00

Taxes and city taxes and well over 50% in taxes and making 45 cents o dollar that they earn. how much is too much? i mean, in your view, on the rich? i think we re going to find out this year through negotiations. i mean, right now where things stand. megyn: what s your thought on it? well, i think my thought is that we re going to this is going to be negotiated, right? i mean, i don t think it s up to simon rosen berg as much as i d like to dictate to everybody what happens this year, the critical thing is that, you know, right now in terms of gdp we re taking about, we re taking 17 to 18% of gdp and revenue and spending, 20, 21% and by historical margin we re not spending the country is not actually spending that much money, particularly given the size of the defense expenditures right now. we ve got to get revenue up and we ve got to get spending down. megyn: where do you get the revenue? where do you get the revenue from? because when simon was advising president bill c ....

Co Dollar , City Taxes , Megyn Kelly , Simon Rosen Berg , Bill Clinton , Simon Rosenburg , Defense Expenditures ,