Detailed text transcripts for TV channel - FOXNEWS - 20120907:13:10:00
It is called a territorial tax, which the experts have looked and they acknowledge it will create 800,000 new jobs all of them overseas. >> reporter: he is talking about romney's idea for corporate tax reform in which he wants to exempt corporations from paying domestic taxes on foreign prsts. -- profits. the vice president citing a study that didn't look at romney's plan and didn't say jobs created overseas would come at expense of jobs created home. plus a number of members of the president's export council supported the idea of a territorial tax as well. gregg, we'll continue looking throug...