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Detailed text transcripts for TV channel - FOXNEWS - 20100423:04:19:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100423:04:19:00

Country up to the next level above the shining city on the hill that we have become because of ronald reagan, we have to have lower taxes, less government. it isn't going to work to slow the growth of government. we are now going to have to come back in, after november with new majorities and cut real government spending and delay out for the long term to get to a balanced budget in a short period of time. >> sean: i'm concerned that we're now crossing a threshold, irreparable damage. i don't know how it is going to become feasible or possible to payoff the amount of spending and debt we are a...

Detailed text transcripts for TV channel - FOXNEWS - 20100423:01:19:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100423:01:19:00

Country up to the next level above the shining city on the hill that we have become because of ronald reagan, we have to have lower taxes, less government. it isn't going to work to slow the growth of government. we are now going to have to come back in, after november with new majorities and cut real government spending and delay out for the long term to get to a balanced budget in a short period of time. >> sean: i'm concerned that we're now crossing a threshold, irreparable damage. i don't know how it is going to become feasible or possible to payoff the amount of spending and debt we are a...

Detailed text transcripts for TV channel - FOXNEWS - 20100419:20:06:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100419:20:06:00

Take more money from us. >> what if this is a scheme to make a deal to satisfy folks like you and mark, post tone if not eliminate the planned increase in taxes on the upper income if they got this. >> first of all, they're not cutting a deal because democrats never get rid of taxes, they add them on top of one another. let's repeal the 16th 16th amendment and capital gains and outlaw property taxes because they're just the government as land lords. you want to get rid of that, we can talk about overall consumption tax. in canada, the consumption tax, first they pass it at the federal level th...

Detailed text transcripts for TV channel - FOXNEWS - 20100419:20:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100419:20:03:00

Consideration. the idea of a federal 5% sales tax, which would be a quarter of what the average is in europe, is under serious consideration if for no other reason than to pay for all this spending. >> absolutely. and do you see any modifications, simplification of the income tax, the 16th 16th amendment? no talk about having a flat tax that steve forbes and dick army promoted effectively and the national retail sales tax completely eliminating the federal income tax, with getting rid of the 16th amount with john lender and neil in atlanta. no they want to continue the high federal taxation an...

Detailed text transcripts for TV channel - FOXNEWS - 20100413:10:48:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100413:10:48:00

Order to pay for it and the suggestion of a value added tax. whatever happened to that promise that nobody's taxes would go up if they made under dlar 123$250,000. it would raise everyone's taxes and the government doesn't care. the government used taxpayers as a bottomless pit. >> leave it to you to tell us in our notes that the constitution originally prohibited the feds from collecting income taxes. oh, how times have changed! >> yes, they have. in 1913, the 16th amendment was enacted that allowed the federal government to tax our income. you know what the initial tax rate was? 2%. for peop...