Detailed text transcripts for TV channel - MSNBC - 20120717:

Detailed text transcripts for TV channel - MSNBC - 20120717:06:20:00

>> can he credibly make that case? can he say i want a cleaner fairer tax system if i've been exploiting every damn loophole i can find? >> sure. of course he can. he can turn this around in a heart beat. a prominent republican today said he should go elliot ness on wall street. >> let me give you the worst case. i always assume. mooi dal you've been in politics. you know if it is better than it looks they'll tell you. if it is better than it looks. it looks bad, he's hiding something. suppose he's hiding the fact for several years he didn't pay any taxes. suppose he's saying a lot has squirrelled away in swirtser land or in islands somewhere. do you think that's going to be something he's going to be able to defend? >> absolutely. because unless he did it illegally, he played by the rules that everyone else in the country has played by. >> i disagree. >> it's going to be embarrassing at hell. but if he didn't cheat, he isn't a cheater. what is cheating -- what a class warfare is the tax code. >> okay. let me tell you, guys. i just got to beg to disagree. the voter out there that both candidates are looking for is the working class guy that

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