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Detailed text transcripts for TV channel - MSNBC - 20120814:06:52:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120814:06:52:00

According to newt gingrich. he wants to socially engineer our government policy so the rich get a bigger break. >> why is it that every time since 1960, since john f. kennedy we have cut tax rates across the board, that the percentage of taxes paid by the rich has increased. jeff knows that. those are just the facts. >> they're making a bundle. thats the argument in society, there's a growing grap between the top and bottom. >> their taxable income went up so they paid more taxes. that's a good thing. this is a key point. >> you make my argument, sir. >> you said this about five times on the s...

Detailed text transcripts for TV channel - MSNBC - 20120813:23:52:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120813:23:52:00

Thets the argument in society, there's a growing grap between the top and bottom. >> their taxable income went up so they paid more taxes. that's a good thing. this is a key point. >> you make my argument, sir. >> you said this about five times on the show already. >> make it again, whatever it is. >> look, i looked at the numbers today under the ryan plan. today, we spend about $500 billion on medicare. by the year 2014 under the ryan plan, we spend $800 billion on medicare. how is that a cut? >> why are you giving a cut of the cost to the insurance industry? >> most americans if they think t...