Detailed text transcripts for TV channel - FOXNEWS - 20120222:23:45:00
In a loophole, deduction, goodness gracious, companies like g.r. infamous for not paying any taxes. not g.e., you could talk about boeing or google. the reality is once you throw this deduction and loophole you come down to the average u.s. company paying just slightly more than half of what the competitors are paying globally. that is not the issue. >> bret: in fact, the u.s. had the highest corporate tax rate of any of the 34 industrialized nations. the plan, the proposal would move the u.s. to number 32. i guess people at home say why can't the tax reform get done? why doesn't washington wo...