Detailed text transcripts for TV channel - FOXNEWS - 20120330:22:40:00
Loopholes then it's a much lower effective tax rate. >> that is absolutely the case. i think that is what is frustrating for a lot of people looking at this and they are reading stories about some companies with a net gain in taxes because they have, you know, very smart cat about thes and tax lawyer -- smart accountants and tax lawyers and they do it legally. reuters did analysis of the annual reports of the 30 companies in the dow jones/industrials average and found, i believe, 13 of them paid a lower effective rate than the 28% that president obama proposed in his budget. it's crazy. tax ra...