Detailed text transcripts for TV channel - FOXNEWS - 20120921:09:10:00
A senate panel accusing some major check companies of avoiding the tax man. joining us now is lauren simonetti. >> they say they used offshore accounts to avoid paying taxes on billions of dollars. the committee says microsoft moved 21 billion offshore from 2009 to 2011 and saved 4 and a half billion in taxes it would have owed to uncle sam. the panel says hp has 90 percent of the cash outside of the united states and under tax laws foreign profits are taxed when they come back to the u.s. >> 30 year mortgage rates have fallen to a record of 3.49. this is all thanks to the fed stimulus, right?