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Detailed text transcripts for TV channel - MSNBC - 20121005:00:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:00:32:00

To about $5 trillion. and he says i'll maintain current rates. now, if he's going to not have a $5 trillion tax cut it imply, he sort of hinted at this last night, that he's going take away the deductions you are. he's not going to succeed in reducing the problem by getting rid of big bird, the money to pbs isn't even chicken feed much less big bird feed. the only other project of any size he's identified is amtrak, $1.4 billion a year. we're talking trillions here. what's he going to do, take aware your home mortgage interest deduction, your charitable deduction? he won't say, but if he takes...

Detailed text transcripts for TV channel - MSNBC - 20121005:03:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:03:32:00

And he says i'll maintain current rates. now, if he's going to not have a $5 trillion tax cut it imply, he sort of hinted at this last night, that he's going take away the deductions you are. he's not going to succeed in reducing the problem by getting rid of big bird, the money to pbs isn't even chicken feed much less big bird feed. the only other project of any size he's identified is amtrak, $1.4 billion a year. we're talking trillions here. what's he going to do, take aware your home mortgage interest deduction, your charitable deduction? he won't say, but if he takes away deductions in or...

Detailed text transcripts for TV channel - MSNBC - 20121005:07:30:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:07:30:00

I'm joined tonight by david k. johnston, pulitzer prize winning columnist and author of "the fine print: how big companies use plain english to rob you blind." david k., glad to have you with us tonight. >> thank you, ed. >> after last night, do you have a better grip, a better idea of what romney's tax plan is all about? >> no, because he's never been clear about it. as you showed, he's, on the one hand, saying i'll cut everybody's rates 20% which works out over the next 10 years to about $5 trillion. and he says i'll maintain current rates. now, if he's going to not have a $5 trillion tax cu...