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Detailed text transcripts for TV channel - FOXNEWS - 20150226:21:05:00

itself. we put in an income tax. didn't serve us well. i went to move toward a tax system that encourages investment risktaking and the creation of jobs, and in order to do that we'll need tax reform you. know this from the people you have on your show. and i would rather rely more on a consumption-based tax system and reduce our income tax so that all the successful rich people -- many of them don't go to places like florida where taxes are much lower. and we need new industries neil. we can't rely just on steel companies. we need to have cloud computing and dat analytics and i.t. programs. so ohio has to re-reinvent itself and we need to have debate about the fact that income taxes are antigrowth and antijob and we should rely on a tack that gives people more9@ki choice which is a consumption tax. so i'm cutting taxes and will have a net tax cut of at least

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