Detailed text transcripts for TV channel - FOXNEWS - 20111027:13:18:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20111027:13:18:00

and he went from eighth in the race to second in the race, and he would have beaten bill clinton had he not done some other stuff. the democrats love the flat tax, too, and republicans adore it. bill: you wonder whether or not washington has it in them to change if indeed they're convinced of it. >> they do. bill: the flat tax, 20 percent or less s. a few bullet points, it would eliminate a lot of deduction, credits, exemptions, it would also eliminate the death tax, capital gains tax, and tax on dividends, and that's where you would argue that supply side would invigorate the economy again, and that's what brings us to our story of the day. if you look right now on the our fox polling, herman cain has now gone to number one and should would argue he's a frontrunner at 24 percent, four points ahead of mitt romney. why is that happening art? >> because he came out with a flat tax first. he came out with a credible, really good flat tax and that has just caught the

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