Detailed text transcripts for TV channel - MSNBC - 20111010:06:30:00
White house are temporary tax policies, stimulus, which didn't work when president bush tried it, and spending increases with permanent tax increases. let's look at the permanent tax increases they're not talking about. in 15 months' time the top tax rate on small businesses goes to 44.8%. now they're going to throw another tax increase on it. ear going to be taxing small businesses at about 50%. according to the treasury department, 80% of small businesses -- 80% of businesses file as individuals. 60% of the businesses in this country fail their tax rates as individuals and will get hit by th...