Detailed text transcripts for TV channel - FOXNEWS - 20120418:16:08:00
>> she sits down to do her taxes, she takes outside deductions and ebgt annex khraougss at the end of the day she pays an effective federal tax rate of 16%. >> reporter: he points to a married couple making $105 a year on which he says their tax rate is 19%. a pediatrician and spouse making 173,900 a year and paying a 23 tax rate leading him to this conclusion. >> 16, 19, 23. it's the basic core of our progressive tax system. >> reporter: everyone supports a progressive tax system. in fact it's so progressive that 40 to 50% of all americans of modest income pay no income tax at all one of seve...
Source: news source