Detailed text transcripts for TV channel - FOXNEWS - 20121112:14:21:00
Notion of raising taxes on the rich, who is the rich? well, there are some democrats that say it's a million dollars. gregg: right. >> some say it is a half a million dollars. some say it is 250. all of this said, there's a great deal of ambiguity about it. what we're saying is, you're going to raise rates. if you do, you will raise rates on job producers, on job create, on the s-corporations, pass through entities that i represent in suburban chicago. gregg: sure. >> you raise those rates at the time moving into this i have a pullback in terms of economic activity. so it is time for the bumpe...