Detailed text transcripts for TV channel - FOXNEWS - 20150525:06:11:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20150525:06:11:00

>> the difference is though and this is where a lot of people don't understand the fair tax has what's called the pre-bate which untaxes people for their necessities if you're at the bottom third, you don't pay any of that tax whatsoever in the consumption tax because you're consuming less and getting a pre-bate a rebate in advance for that which would have spent. that's why the poorest people wind up better. to the fairtax website, reading the books on the fair tax and getting it from people who know what it does rather than those who don't want the fair tax. i'll tell you what it does it empowers the consumer and let's people have their whole paycheck and takes the power out of the hands of congress and puts it in the hands of the consumer. that's power to the people. >> i want to keep moving along. there was a lot of things you said in your announcement and also seemed to indicate that as president you wouldn't

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