Detailed text transcripts for TV channel - FOXNEWS - 20130204:17:07:00
Significance of what the president had to say. >> reporter: the president says there is no doubt we need more tax revenue not from raising tax rates but from closing what he considers to be tax loopholes in the system that let high income people, especially those who make money mainly from investment to pay a lower tax rate than middle income, salaried or hourly wage easterners. h eastern earners. he says it's a matter of fairness. >> the average person doesn't have access to cayman island accounts or carried interest income where they end up make a much lower rate on billions of dollars that ...
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