Detailed text transcripts for TV channel - MSNBC - 20150709:19:40:00
Was originally proposed by president richard nixon, a variation of it was proposed by milton freedman. it's the idea that if you have enough money in the system in the entire economy and the problem is redistribution. >> how would we afford that? >> we already have a certain conversation variation of it already. in a world where we're significantly richer because of productivity, you would tax a certain number of people at the top. you would tax them more redistribute the money to other people. as a result, even though this sounds like a liberal idea, the idea is it would in fact do more to pr...