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Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:53:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:53:00

Basically, they had 16,000 filers who paid taxes on $1 million in income or higher. one year later, after they raised the rate from 40% to 50%, they had only 6 thousand. 16,000 it to6 ,000, a 60% reduction. they saw the lost tax revenue was $7 billion euros. so that is a key pound -- pounds in britain. that's a key loss. it shows how part of the people leaving the country. i don't think that millionaires are leaving america. we are americans. but you can do things to your income to look like you are not making a million dollars. >> greta: look at google, perfectly lawferl. they did tax avoidan...

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:31:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:31:00

Irveltion this is weird. they voted for it but they don't like it. a tax on a medical device. but now, 17 democratic -- yes, democratic senators are urging a delay impel elementing this tax. but get this -- they voted for obamacare and the tax. we have a representative here. so what's the problem here? >> you know, it's very interesting because they voted for t. now they want to delay implementation. in their letter, they specifically say they want to keep jobs and they don't want to hurt the economy at this time. i think that's very interesting that they are making these acknowledgements at t...

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:32:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:32:00

Medical device people have lobbyists so they go to their favorite senators and they say to their favorite senator, we want a deal. we don't like the obamacare. the senator who is so wanted to equalize this and make this fair, they decide they want special treatment for for the medical devices, but they are happy to have taxes go up in other areas because some of the people whose medicare taxes are going up, they don't have the lobbyists. but these senators have been lobbied. >> if they really believe that letter that they wrote, we passed a bill that repealed this tax, in the house, it's on th...

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:34:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121213:06:34:00

>> shocking. >> greta: shocking. but i don't know how -- i honestly don't know how they send this letter off, thinking we are want going to see it and thinking that, you know, here are the one who is promoted this program, promoted this tax and they want a special deal for their constit wens at the expense -- >> and they voted for it. >> and you know what the criticism is, it is going to hurt profits to -- profits to the tune of $30 billion that. $30 billion in profits, to corporations and why aren't more people squawking about this? >> they talked about wanting to keep jobs. i don't know wher...

Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:32:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121213:03:32:00

Senate, the dmses and the medical device people have lobbyists so they go to their favorite senators and they say to their favorite senator, we want a deal. we don't like the obamacare. the senator who is so wanted to equalize this and make this fair, they decide they want special treatment for for the medical devices, but they are happy to have taxes go up in other areas because some of the people whose medicare taxes are going up, they don't have the lobbyists. but these senators have been lobbied. >> if they really believe that letter that they wrote, we passed a bill that repealed this tax...