Detailed text transcripts for TV channel - MSNBC - 20111025:16:07:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20111025:16:07:00

>> obviously, you don't believe this is going to work. >> no, i don't. i don't believe it is going to work. i'll tell you something, veronica, i think that rick perry, by talking about the birther issue at exactly the same time he is giving these huge tax cuts to the rich. he is playing two trump cards at the same time or trying to. >> you are calling it a gop smoke screen in your article. >> well, the flat tax is a smoke screen. look, right now, we have a moderately progressive income tax, which means people at the top pay a higher proportion of their incomes, at least very high incomes, than people at the bottom. if you have a flat tax, that means just by logic, people at the top pay less and a lower tax rate and people at the bottom and in the middle pay more. well, that means people at the top are going to do very, very well. the nonpartisan center for tax policy looking at herman cain's

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