Detailed text transcripts for TV channel - FOXNEWS - 20100409:02:26:00
Administration saying volcker was speaking on behalf of himself not necessarily the administration. >> greta: if there were a value added tax it is going to hit the middle class. anyone who buys a washing machine this is a tax that strikes anyone who buys anything. that is not going to be a tax that is going to get passed in an election cycle. >> it would affect everybody and nobody is going to want to touch that in congress. when you look at countries that have the value added tack, government got bigger. there are taxes where they bring in the revenue, except you can't be guaranteed that con...
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