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The question is, are all dollars of revenue treated equally? and the problem now is while speaker boehner wants to put ref gnaw on the table, democrats have a lot of push back about where it s coming from. the data that we ve shown shows voters want to see if revenue can come from making the tax code simpler, that s great. if santa claus existed, that would be right, too? do the numbers. does boehner need to produce a more detailed plan that proves that he s right? at least in negotiations they need to show where is this money going to come from. but if the numbers add up and you can prove they will come from closing the loopholes. what we ve seen now is this idea that, unfortunately, democrats pushed throughout the election. if we just ask the wealthy to pay more that will balance our budget and if those numbers don t add up either. the trouble is our nation is in such a tough fiscal situation we can t do it by just raising rates on the top 2%. when it comes to entitlements, we ....
Detailed text transcripts for TV channel - MSNBC - 20110720:19:00:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Advantaged them, the new one if they thought that would give them a better deal, and for most people it would. he s talking about a couple of things. 20% flat rate. you can keep your valuable deductions for mortgage interest, for charity, for state and local taxes. those don t go away if you make under $500,000 a year. you also have a generous personal exemption, $12,500 per person so a family of four wouldn t pay taxes on the first $50,000 of income. bottom line is in the immediate sense this would be a huge hit to federal ref gnaw. perry says two things will happen. one, the economy will grow and second he will go hard after spending. mark, let s talk more about what john is talking, the spes inspecti inspection. we made a graphic so everyone can see what we re talking about when it comes to middle americans, families who may get the best out of this, those looking to preserve their mortgage and exemptions and also that big bump increasing the ....
Detailed text transcripts for TV channel - MSNBC - 20110720:19:00:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.