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Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:12:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:12:00

Estate. just ahead how this fight which we talked about a while ago is suddenly back. >> megyn, you are going to to have to let me answer the question. the on question here is not whether or not there should be a tax on that. the question is where the limit should be and how much. megyn: no, i'll ask the question. tell me how is it fair? >> ready? megyn: i am.

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Detailed text transcripts for TV channel - FOXNEWS - 20120710:17:42:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120710:17:42:00

>> if i work all my life around pay my taxes on my income and then i die i want to pass on what would be great if it were a $5 million estate to my kids, why should i pay the government again? why should there be a 35 or 45 or 55% tax on that again? >> you aren't paying in that case because you will be dead. megyn: the estate is and that is less for my children? >> but, the only question is, look,. megyn: no, answer my question. how is that fair? >> megyn, megyn, you will have to let me answer the question. we're going to have a conversation that gets us anywhere. megyn: go ahead. >> only ques...

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:49:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:49:00

But i kind of agree with the judge that it's hard to believe that you didn't know you hit something. >> reporter: she is an aspiring pop singer. the family is very well known. joe sensor runs a chain of restaurants in minneapolis. megyn: the question is whether this punishment did fit the crime. we'll do the court in two blocks. joey, she got 41 months in prison. she could have got 57 months. she left the scene. she had to be tracked down. there was a question about whether she deleted text on her cell phone to cover up her behavior. there is a question whether alcohol was involved. did the pu...

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:10:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:10:00

They have don't math, they can't afford it. they have got a kid in college, kids in private school. whatever it is. put food on the table. now they will have to pay this penalty and the i.r.s. will take it out of their income tax returns. the question is whether that does have a drag on the economy as the president is predicting in arguing for his middle class tax cuts. he's saying $2,200 a year creates a drag on the economy. >> i think it will create some. the $2,000 tax doesn't phase in until 2016. but the tax out of the healthcare law that will have a huge impact is the surtax on investment...

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:33:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:33:00

>> you aren't paying anything in that case because you will be dead. megyn: the estate is and that's less for my children. >> the on question is megyn: you are not answering my question. >> megyn, you will have to let me answer the question or we won't have a conversation that gets us anywhere. the only question is not whether there should be a tax on that, the question is where the limit should be. megyn: i'll ask the question, just tell me how is it fair? >> ready? megyn: i am. >> the question how much it ads to our debt. no one can be in favor of that and come on your show and say i'm so co...