Detailed text transcripts for TV channel - FOXNEWS - 20110503:20:28:00
Height brought if less revenue than the cuts in the capital gapes and death taxes so even john f. kennedy knew this, if you have high rates you did not bring in the revenues or create jobs and have productivity if you jack up the rates. when j.f.k. cut taxes revenues shot up from $94 billion to $156 billion by 1968. some argue, well, chin tone -- clinton enjoyed the dot.com bubble. >> but that was helped by the business-related tax cuts. >>guest: and hawaiis a -- and russia has a flat tax and they see revenues pour in and we are left with the class warfare tax code and america's museum of mass...
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