Detailed text transcripts for TV channel - FOXNEWS - 2012080

Detailed text transcripts for TV channel - FOXNEWS - 20120802:21:08:00

from that $9,000 or giving $9,000 to someone sitting home, collecting welfare and pile of food stamps. >> bob: c'mon! even you can't go that low. >> eric: money is spongeable. it will cost us $9,000 -- >> bob: why should anybody else get an award have to pay taxes? you won't answer my question. >> kimberly: bob is saying the olympians should be taxed. >> bob: they should be treated like anybody else who gets award for achievement. they are taxed. >> andrea: think about the debate we're having. take this to politics, right? the tax code is not punitive. we have a president that is arguing that the tax code should penalize success. that is a exactly what this rule does. again, i can see why people are for a flat tax. we're cherry picking certain things. hold on. exempting, bob, i agree, excepting certain groups here and, there certain people if you have a good lobbyists you can get excepted. that's why, they shouldn't pay taxes. a quick fix solution for olympians and non-olympians --

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