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Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:53:00

Basically, they had 16,000 filers who paid taxes on $1 million in income or higher. one year later, after they raised the rate from 40% to 50%, they had only 6 thousand. 16,000 it to6 ,000, a 60% reduction. they saw the lost tax revenue was $7 billion euros. so that is a key pound pounds in britain. that s a key loss. it shows how part of the people leaving the country. i don t think that millionaires are leaving america. we are americans. but you can do things to your income to look like you are not making a million dollars. greta: look at google, perfectly lawferl. they did tax avoidance and managed to do that in bermuda. they saved $2 billion. but this whole idea of tax you hear so much from the members of congress and the president, you know, going on for decades that woo need tax reform. then we hear stories like tonight, where 17 senator who is ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:26:00

It. thinking about the demands, so many americans are worried about jobs and everything. anyone who is whining about not going home, viposted that leader pelosi can skype her family. there are individuals that are whining. i think the most important thing is to stay here. look, the president s commissioned that he set forth, the simpson-bowles commission greta: do that one! absolutely. we have talked about that in the house. that s one of the things that we brought forward. we are coming up with the viable solutions, based on the real problem in wash d. washington, d.c., a pending problem, not a revenue problem. what ben bernanke let you know, this economy is not in a recovery situation. he is saying they are going to continue to do this until we gete unemployment less than 6.5%. greta: $45 billion a month. a month. what that will do for the inflationary process with gas and food and that will reflect the middle-income families. greta: we will see who cares ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:15:00

They look south, where are the foreign companies coming? spartanburg, south carolina, bmwar plants, mercedes, tuscaloosa. volkswagen volkswagen, chattanooga, nissan plant. when foreign folks come into the country, they say, we don t want to deal with that stuff. let s go where we have good labor relations in the united states of america the wages are reasonable. greta: are the big companies, though, are they the one who is are union busting? if they are only going to go to those states and put some governors up against the wall, in order to compete sure. they are going to get the best deal. here s where i agree with the union guys. nafta, gatt, they are magna carta for transcontinental corporations to shut down the united states, where they have high wages and the high regulations and move it over to china, cut your wage rate by ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:25:00

you can see the same frustration in new jersey, for the people waiting for the recovery efforts from fema with the trailers sitting around. the house of representatives passed the legislation that will stave off the sequestration for a full year. we found budget cuts. that legislation is sitting on the senate s desk. greta: harry reid look, he s had a budget from the president and from the house special he possibility vetesos and sits on. it i suspect he will go home. that s a very frustrate ago. greta: you know what it s not frustrating, it s wrong! you do your work home. we have one constitutional duty tow bruce a budget. for 3 years, they have refused to do this. this is in violation of their constitutionally mandated duty and responsibility. this is not a hard thing to solve. i think we should stay until we get it resolved. i am more than ready to did that. greta: i don t know how they can not stay here especially when have you 18 months to do ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:42:00

From police, since mid-november because investigators in belize want to question him in the murder of his neighbor. macafee arrived at miami international airport, escorted by federal officials. i m ainsley earhardt. now back to greta. greta: disturbing new video out of north korea, thumbing its nose at the world, a very defiant north korean government, releasing new images of the successful long-range rocket launch. we have the latest from tokyo. yes, here in east asia, clearly, it has bruised people, governments across the region here, south korea and japan, and in recent days, reportedly pressing for an increase in the u.n. security council sanctions to the level currently imposed on iran. we don t know if they will get there, but tension is on the u.n. right now. china has a veto power there. china s patience was taxed with this launch, the foreign ministry spokesman expressing ....

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