Detailed text transcripts for TV channel - MSNBC - 20111108:23:44:00
>> but, al, the top 1% own about half of the wealth of the country. if they are only paying 38%, they are not paying their share. the truth is, we were much better under bill clinton when everybody was paying more tax. much better under bill clinton. republicans came in, created enormous deficits, mostly by cutting taxes without cutting spending. that's why we have a problem. i'm not against cutting spending, but i'm against cutting spending against the middle class people if you let the people keep the ill gotten gains from the bush tax cuts, which were never paid for. >> you're right. under ...
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