Detailed text transcripts for TV channel - MSNBC - 20110423:00:24:00
By the way, we could have heavier tax brackets after $10 million and $20 million and $100 million. there's no reason to tax the 251,000 dollar less. if we want to get the budget back to a balance, we have to do that. a number of us introduced legislation to increase tax brackets so people making $1 billion makes 47%. ronald reagan was 77%. i don't know why we are satisfied with the 30's. if only symbolic, it is not symbolic, we have many billionaires in this country. to not have them, to not have the higher brackets on the ast nom cal incomes seems to be a statement to people with real