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Detailed text transcripts for TV channel - FOXNEWS - 20110523:06:09:00

Necessities as calculated with the formula before you have to go to the store, before you u have to go to the grocery store. >> chris: president george w. bush had a commission in tax reform in 2005 and looked at the fair tax and said it wont work. here is why they said it wont work. they said that to create the revenue you are talking about it would have to be a 34% tax rate, not 23% and with the prebates it would benefit low and high income tax payers but would raise taxes for the entire middl...
Chris Wallace President Georgew Bush Tax Reform Grocery Store Tax Rate Income Tax Payers

Detailed text transcripts for TV channel - FOXNEWS - 20110522:22:09:00

And they looked at the fair tax and said it will not work. heres why: they said to create the revenue that you are talking about, it would have to be a 34% tax rate, not 23%. and, with the pre-bates they say it would benefit low and high income taxpayers and would raise taxes for the entire middle class, anyone making between 15 and $200,000. >> chris, they were dead wrong. heres what happens. >> chris: this is president bush -- >> i know this is his commission, when i heard the commission make ...
Pre Bates Tax Rate Chris Wallace Middle Class Georgew Bush Commission Make

Detailed text transcripts for TV channel - FOXNEWS - 20110522:18:09:00

The formula before you have to go to the store, before you u have to go to the grocery store. >> chris: president george w. bush had a commission in tax reform in 2005 and looked at the fair tax and said it wont work. here is why they said it wont work. they said that to create the revenue you are talking about it would have to be a 34% tax rate, not 23% and with the prebates it would benefit low and high income tax payers but would raise taxes for the entire middle class. any one making between...
Chris Wallace President Georgew Bush Tax Reform Grocery Store Tax Rate Income Tax Payers

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