Detailed text transcripts for TV channel - FOXNEWS - 20100413:10:48:00
Order to pay for it and the suggestion of a value added tax. whatever happened to that promise that nobody's taxes would go up if they made under dlar 123$250,000. it would raise everyone's taxes and the government doesn't care. the government used taxpayers as a bottomless pit. >> leave it to you to tell us in our notes that the constitution originally prohibited the feds from collecting income taxes. oh, how times have changed! >> yes, they have. in 1913, the 16th amendment was enacted that allowed the federal government to tax our income. you know what the initial tax rate was? 2%. for peop...