Detailed text transcripts for TV channel - FOXNEWS - 20120326:08:21:00
20%. and you just heard david plouffe say that would give the richest americans a tax break of $150,000 a year or more. your response, sir? >> we are taking away the tax shelters that people in the top tax brackets use. clean up the tax code and have a flatter simpler tax system. 8 out of 10 businesses in america file taxes as individuals. the president is saying he wants the top tax rate to go as high as 44.8% in january. you can't compete like that. canada just lowered to 15%. we are saying get rid of the special interest loopholes and tax shelters to lower tax rates for everybody and make u...