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Detailed text transcripts for TV channel - CNN - 20100413:18:34:00

Show maybe half of the households arent going to pay any income tax? this year? i mean, could that be true? >> it is more than true. in fact, only 40% of all taxpayers actually pay the irs. to me that seems unbelievable. but then when you look at the irs and you say, hey, its an odd year, you bet its an odd year. weve got revenue thats down by trillions of dollars. weve got a deficit thats suffocating us, and yet not everyone pays their taxes, so believe me, weve got a tax system that is problem...
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