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Detailed text transcripts for TV channel - MSNBC - 20110802:11:11:00

You stop taxing the foreign income. that s not the way to do it. a good argument be made? i hear you, can a good argument be made in the time of scarcity of tax resource that we know if we get it at 10%, 12%, 15%? a trillion or more, $100 billion, $150 billion right away. those who complain they use the companies to pay money. those are american taxpayers and consumers that will benefit. i hear the point. i think this moment it might be what it may be what we need to win republicans for the tax bill. we re not out of money here. this is a weird part of the debate. we can borrow money for essentially nothing and raise taxes if we want to raise taxes. it loses the treasury money in a long run. pennywise and pound foolish. the corporations love it. they re spending a ton of money to lobby for it. the democrats are on the side. the former communications director for the white house is ....

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