Detailed text transcripts for TV channel - FOXNEWS - 20100408:05:23:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20100408:05:23:00

other tax credits, because they have refundable tax credits. if you have a family of four and a dependent tax credit, childcare tax credit you can have -- make not enough to pay income taxes and then get a credit on top of that so you get a check when you file your return. >> greta: these people are not fabulously rich. these are people who barely -- very limited income. >> in the case of -- >> greta: poverty level. >> no, no people who are earning $50,000 a year who have kids, four kids. and they because of deductions and other things they don't pay income taxes and they are eligible for a refundable tax credit. >> greta: here's another interesting statistic. the top 10% of earners pay 73% of taxes collected. and the top pen% didn't have an impact until i saw the top

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