Detailed text transcripts for TV channel - MSNBC - 20130101:04:25:00
$450,000 on a couple. that means nobody is going to be paying any extra tax until after this level. this is one point that the white house decided to give a little room on negotiation. but at the end of the day, this will help the economy if you believe there is going to be less taxes from people taken in under 400,000, $450,000. more expendable income to keep the economy going. that's what the white house wants. to go from 250ths $for $400, that's a small move to protect the big three, and if you are getting a fixed rate on 39.6%. if i could just put it this way. the white house is taking the...