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Detailed text transcripts for TV channel - FOXNEWS - 20141205:11:46:00

into the background until something else happens. what i try to describe to people is why this time will be different. and part of the reason this time will be different is because the president of the united states is deeply invested in making sure that this time is different. >> wow. leigh, i'm looking at this, i'm so glad you're here. tell me if i'm wrong, starting off together in line and could not be more different when it comes to democrats and republicans reaction. >> that is why we give this one a c minus. the reason for is republicans and democrats, you saw the democrats go down and then they took a big deep when they heard the president is deeply invested in this. how is this different because the president is invested in this? people didn't respond. they want to hear more specific, tangible reasons why. >> is it a trust issue? >> it is an absolute trust issue. what about this one, eric

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Detailed text transcripts for TV channel - MSNBC - 20140707:11:16:00

moving their business, their entities completely offshore and escaping u.s. tax. before that, many other things they can do in terms of the way they sell different products internally within the company from one side of the company so the other side of the company to direct their profits to low tax countries like ireland which taxes 12.5%, versus the u.s. which has a statutory rate of 5%. you can see on the chart here the tax rate has gone down steadily since after the war but as recently as the early 1990s, companies were paying over 0%. at the moment they are paying 15%. >> that's -- joe, jump? >> steve, didn't i read an op-ed that you wrote for on "the new york times" saying you wanted to get rid of the corporate tax for american corporations? >> you have such a good memory, joe. i did write that op-ed but not believe i think corporations should pay a lot of taxes. i think in a global system which companies will talk as leigh will talk about and move anywhere in the world they want

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Detailed text transcripts for TV channel - MSNBC - 20140707:11:21:00

>> the cover story of "fortune" people are moving their headquarters overseas to dodge billions of taxes. leigh? >> this takes what we were talking about and goes way further. steve was referring to and we know about the companies that siphon taxes to foreign locales like apple and ge but this is not about that. this is about companies reincorporating overseas so they are no longer officially headquartered in the u.s. and the writer allen sloan who is fantastic, really has taken a tremendous issue with this. he calls them deserters so his point, to get back to what joe was saying, these are companies that are benefiting from all of the benefits being in america are rich and deep financial markets and our infrastructure, our research, our military. in some cases i mean, we have an example here of carnival cruise ship caught on fire and the u.s. coast guard had to go rescue it

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Detailed text transcripts for TV channel - MSNBC - 20140707:11:10:00

solutions. isis -- look. a lot of stuff we could of, would of, should of done and we have to deal with the world now and isis is controlled and deeply embedded in a broad swath of northern syria and western iraq, and i don't see how we will get them out of there. i think the best we maybe hope for is some kind of a coalition government in iraq that actually functions. maliki being gone, of course. and some kind of uneasy piece among the three major factions there. the idea of, i think, rolling back the clock and turning syria and iraq and turkey into the same countries they were before, just i don't think it's going to happen. >> so we are going to take a look now at the other domestic story that we have been looking at the past hour or so and it has to do with the economy. you both bring something to the table that adds to this conversation, steve and leigh. the headlines the past three days, the dow, the jobs report last friday, the american economy seems to be on track

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Detailed text transcripts for TV channel - MSNBC - 20140707:11:18:00

what you have is a worldwide race to the bottom where everybody is trying to offer a freebie to these companies to come locate a few jobs there. and the only way to stop it, the reason i said maybe we should get rid of it the only other way to stop this would be for every country in the world to get together and say, we are not allowing countries to gain tax any more. >> that will not happen. mika, my comment, we have a higher corporate rate tax. my comment to steve regard his that we get rid of the corporate rate tax. he is such a capitalist, it offends me. >> expensive. >> i'm trying to tax us capitalism more, believe it or not, not more, but less. >> we will get into this. from your magazine, leigh, sheila bayer's piece. a century ago henry ford gave a huge boost to the american

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Detailed text transcripts for TV channel - MSNBC - 20140707:11:23:00

story. some of these ceos have publicly said we need a strong fiscal u.s., if not we won't be a sustainable country and they are the ones headquartered overseas. it's just completely -- >> extremely expensive to try and come back. >> it is. the difference is huge tax-wise. that is why we are doing it but we can't do a race to the bottom, as steve says. it's really big problem and it's only going to shrink the respect for corporate america, i think, that we have in this country. so i think it's something that really has to be dealt with and we say so in this story. >> "positively un-american" cover story of "fortune" thank you, leigh, very much. he has the ability to teach two of the powerful men in america. what were president obama and chief justice john roberts like as students? harvard law professor laurence tribe joinship joins us in a little bit. google begins the process of allowing people to excess their so-called right to be forgotten.

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Detailed text transcripts for TV channel - MSNBC - 20140603:06:40:00

>> they realize this was a problem in 2008. john mccain was a co-sponsor of legislation to actually address this issue. but what they've got now is a big current within their party, the tea party folks who just refuse to believe science. >> why? why? >> the put their head in the sands. they believe the conspiracy theories that are out there. you've got various industries that are been funding studies that make believe there's no climate change because it's in their economic interest to pretend that there isn't. and a lot of these folks fall for these conspiracy theorys. >> can i ask a religious question? if we're the stewards of the earth, responsible for the earth, leigh it no worse than you found it kind of thing, how can these religious people on the far right not care about the condition of this planet? >> i think they actually more and more evangelicals care about this issue. you saw the pope last week talk about climate change. and the moral imperative of addressing climate change. i actually think this is a business interest.

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Detailed text transcripts for TV channel - MSNBC - 20140602:23:40:00

that's to mock the president. >> they realize this was a problem in 2008. john mccain was a co-sponsor of legislation to actually address this issue. but what they've got now is a big current within their party, the tea party folks who just refuse to believe science. >> why? why? >> the put their head in the sands. they believe the conspiracy theories that are out there. you've got various industries that are been funding studies that make believe there's no climate change because it's in their economic interest to pretend that there isn't. and a lot of these folks fall for these conspiracy theorys. >> can i ask a religious question? if we're the stewards of the earth, responsible for the earth, leigh it no worse than you found it kind of thing, how can these religious people on the far right not care about the condition of this planet? >> i think they actually more and more evangelicals care about this issue. you saw the pope last week talk about climate change. and the moral imperative of addressing climate change.

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Detailed text transcripts for TV channel - MSNBC - 20140526:11:40:00

>> okay. what's the headline you're going to write, leigh? at the end of the summer it's going to be what got done? >> very little or nothing. >> that's your headline? >> fairly safe bet at this point. >> that's a safe headline, i must say. what about to you here, kate? >> i would say we're headed into campaign season and here's what the republicans want, here's what the democrats want. pick your side, voters. >> so you don't have a headline. >> i certainly don't see it happening. >> thank you. leigh munsin and kate nocera. today is the unofficial kickoff to summer, but will the sun show up to your barbecue? bill kairns will show up here. who calls you a butt of sunshine? >> not one. we need rain in the drought stricken areas. you'll love what the forecast has for you. especially the parades out there. kids get disappointed.

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Detailed text transcripts for TV channel - MSNBC - 20140526:11:39:00

will be done. if nothing gets done by june, it's administrative action. >> you're saying executive order. okay. thank you so much. leigh, in the wake of the deadly rampage in california, i want to play a bit of what of the fathers of one of the victims said. listen to this. >> why did chris die? chris died because of craven, irresponsible politicians and the nra. they talk about gun rights. what about chris' right to live? >> so as we look forward, gun reform a possibility? >> it will certainly be discussed as far as legislation that'll be a lot more difficult. certainly after newtown there was a big push for gun reform that only went so far. and that was lot of legislative appetite for it at that time. so it's just going to be really, really tough to get any sort of gun reform legislation through this time around.

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