Detailed text transcripts for TV channel - MSNBC - 20170315:08:29:00
And the point of this is the top in this country, people at the top are not burdened the way we suggest. i was in -- >> let me stop you and restate some of that back to you because you're a tax expert and those of us who just pay taxes and aren't experts, i want to say back to them and see if i get it right. if there weren't the alternative minimum tax -- you can tell from this 1040, from his tax return in 2005, if there weren't an alternative minimum tax he'd be paying what percent? >> it's right on line 44, he would have paid $5.3 million, which is 24% of his $152.7 million of positive incom...