Detailed text transcripts for TV channel - FOXNEWS - 20121209:16:38:00
I think it's a reasonable thing to say, look, we recognize the loopholes loopholes and deductions here, we ought to close that off. not the charitable deduction it's. >> eric: house mortgages. a lotted of people rely on deducting the mortgage. do you think there should be a limit. >> it could be an annual cp cap. so if you have twoo threer homes, you can't deduct that. you could setted a level for that. of course, the president is saying tax rates being tax rate, tax rates. he is trying to tap into the anger and angst of the election. if i have learned anything, if you get people to act out of...