Detailed text transcripts for TV channel - MSNBC - 20110920:11:10:00
Report their profits as earned income at the high rate. so allow the people in this target zone now for this, what i call penalty tax, are small business job creators. the truth is we have to raise everybody's taxness a fair way. we ought to look at a consumption tax. we have to look at the entitlements. >> if the small business owners could report their income the way the hedge fund guys report their income they'd get a massive tax cut? >> they would. they would. the whole buffet argument is a little silly. i own his stock. he is a great investor. but it is a question of what do you tax capit...