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Detailed text transcripts for TV channel - FOXNEWS - 20111018:16:19:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111018:16:19:00

35 to 9 so net it's a reduction in corporate taxes. but what herman cain doesn't understand is that income taxes are paid by shareholders. but payroll taxes are paid by employees. so the fact that corporate shareholders are getting a break doesn't offset the fact that workers are having to pay the higher payroll tax. so the only reason that herman cain is able to lower taxes on higher income earners like me is because he raises taxes on everybody else. jenna: i see what you're saying. >> if he really wants a 9-9-9 plan, i can get onboard with it. get rid of that fourth nine. but to do that you...