Detailed text transcripts for TV channel - FOXNEWS - 20110215:11:17:00
Mortgage interest and a lower tax break on their charitable deductions. the tax rate on relatively wealthy people will go up in two years' time to almost 40%. oil and gas drillers, hedge fund managers, all financial companies will pay more in taxes and fees and hidden in this budget, there is a proposal to raise a transportation revenue of $328 billion over 10 years to fund a big new highway program. >> don't leave out the death tax. it goes from 35% to 45% and cap gains go up 5%. >> all kinds of taxes and fees on wealthy individuals and businesses go up. meanwhile, to the tune of about $2 tri...
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