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Detailed text transcripts for TV channel - FOXNEWS - 20121012:11:26:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121012:11:26:00

Notice that both the republican and democratic lines score quite high. let's take a look. >> there is not enough -- the reason why the aei study, american intersurprises two study, tax policy center study, the reason they all say it's going to -- taxes are going to go up on the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle class people, cut the health care deduction, middle class people. take away their ability to get a tax break to send their kids to college. that's why -- >> great clip. explain to me why was vice president biden abl...

Detailed text transcripts for TV channel - MSNBC - 20121012:05:53:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121012:05:53:00

Let me tell you who some of those other small businesses are. hedge funds. that make $600 million, $800 million a year. that's what they count as small business because they're pass-through. look at how sincere their are. ronald -- excuse me, governor romney on "60 minutes" ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said, oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut these loopholes? the biggest loophole they take advantage of is c...

Detailed text transcripts for TV channel - FOXNEWS - 20121012:05:51:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121012:05:51:00

Number 2, 97% of the small businesses of america pay less than -- make less than $250,000. let me tell you about the other small business, hedge funds that make $6- $800 million, they count those as small businesses because they are pass-through. let's look at how sincere they are. governor romney, on "60 minutes" about 10 days ago was asked, governor, you pay 14% on $20 million, someone making $50,000 paid more than that, do you think that's fair? he said, yes, that's fair. that's fair. you think these guys are going to go out there and cut the loopholes? the loophole, the biggest loophole is...