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Detailed text transcripts for TV channel - MSNBC - 20121208:15:08:00

To deride reaganism but it is amazon or niagara up. the single biggest trend is corporations pocketing taxes so they never get to the government. there are 2700 companies, every big brand name company you have ever heard of, gets to keep some or all of the state income taxes with held from their workers paychecks. they don t know this. the company gets a tax credit equal to those taxes in a confidential document. all over the place, that s what s happening. our tax dollars are being diverted to corporations through gifts, through tax credits, through all sorts of different mechanisms. how do we get into a conversation where we can talk about these elements rather than this sort of manufactured crisis? here is the thing. in your book, you really draw it here, the fact that these businesses are built a lot on ignorance. i have to say, a lot of industries, including the financial industry, is built on the fact that you have a bunch of people that know their

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