Detailed text transcripts for TV channel - FOXNEWS - 20140414:23:32:00
I'm a former federal tax litigation attorney that's what i did for a living. we have some history. if you look at john f. kennedy a democrat president, he cut taxes in 1962 and '64. we had eight years of economic growth and expansion, about five% a year. pretty good until 68 and '69 when we ryan ceased taxes again that hurt the economy. the real kicker was when president nixon took the dollar off of the gold standard. we had loose money but high taxes that created a disaster throughout the 1960's because we had increased government spending and increased government regulation. but the real ren...