Detailed text transcripts for TV channel - MSNBC - 20121012:05:49:00
>> congressman? >> our entire premise of these tax reform plans is to grow the economy and create jobs. it's a plan that's estimated to create 7 million jobs. now, we think that government taking 28% of a family and business' income is enough. president obama thinks that the government ought to be able to take as much as 44.8% of a small business' income. look, if you taxed every person in successful small business making over $250,000 at 100%, it would only run the government for 98 days. if everybody who paid income taxes last year including successful small businesses doubled their income t...