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Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:05:00

Question. this is some resistance to that now. my pleasure would be that we work like heck so we get something like this done before the august 2nd deadline. stuart: gang of six or do you make it the gang of seven? guest: the gang of six without me was the gang of five. stuart: we appreciate you being with us, sir, senator coburn. the president likes it but will conservatives go for it or will the tax element in the gang of six plan be an instant dealbreaker? first reaction from the president of the club for growth. chris, i am sure you heard what senator coburn told us, a reduction in income tax rates consolidation interest throw brackets and a reduction of corporate tax rates, as well. now, you are a conservative. i resume you would go along with that tax element in the gang of six plan. guest: well, that alone sounds good and we have a long ....

Gang Of Six , August 2nd , Senator Coburn , Mcconnell Plan , Tax Element , Income Tax , The Club For Growth , Consolidation Interest Throw Brackets ,

Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:00:00
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.

Mcconnell Plan , Senator Coburn , Tax Element ,

Detailed text transcripts for TV channel - MSNBC - 20120629:05:07:00

I think that impact is going to be minimal to nil. because i can t for a minute think of another example in which this activity-inactivity distinction would be made. if you read the roberts opinion, roberts chipped away at the edges of the commerce clause, but basically kept in place the jurisprudence for the last 50 years. i think what they did is much, much more minimal impact. as you pointed out two nights ago on the tax element, what was so surprising about what roberts said in the decision today was it was kind of obvious. everyone thought it was kind of out of left field.รง we have tax incentives for a whole variety of things. whether to go to school, to have a child, get married, buy a home. this is no different than the tax incentives we have throughout the tax code. he kind of said this was a no-brainer. ....

Chief Justice Roberts , Commerce Clause , Tax Element , What Roberts , Out Of Left Field , Tax Incentives , Tax Code , No Brainer ,

Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:01:00

The guy would bothed new life into the plan, oklahoma senator coburn. senator, let me ask you about the tax element. i am told you would reduce income tax rates. guest: that is accurate. stuart: to three brackets and corporate tax rates. guest: that is correct. stuart: that will make it attractive conservatives. what other tax angles? guest: this is no question the alternative minimum tax will be permanently eliminated. that is another tax angle. as the rates come down and the tax expenditures and tax credits come out, this will be generated through economic gains up to $1 trillion worth of dynamic gains. and $1 trillion worth of the benefits will go to reduce the deficit. after that, the money will go to ....

Mcconnell Plan , Senator Coburn , Income Tax Rates , Tax Element , Tax Angles , Tax Credits , Alternative Minimum Tax , Tax Expenditures , Tax Angle , 1 Trillion ,