Detailed text transcripts for TV channel - FOXNEWS - 20110630:11:11:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20110630:11:11:00

>> i did it on the back of an envelope. but he's talking about -- he's limiting it to the corporate jets if you taxed all of them. >> oil. >> and oil. >> the president -- >> the oil loophole as -- or exemption, is something like $6 billion over 10 years. >> yes and the other thing -- >> pardon me, ali, the corporate jet tax is $3 billion over 10 years so there you're talking about $10 billion. but the president is actually talking about is raising taxes on the most successful americans. >> families who make more than $250,000 which is a far cry from having a corporate jet, by the way, and as everybody here said. >> right, he's talking about going -- you know, doing away with what he just signed, extended at the conclusion of last year. >> you know. taxing people who create jobs and people who own small businesses across this country. >> and he wants to paint himself as the adult in the room while everybody else has their intramural fights. the numbers are important to show, even if he gets everything he wants, it would not address the problem. you talk about a problem?

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