Detailed text transcripts for TV channel - MSNBC - 20120712:11:17:00
Cut the corporate tax. you listen to bill clinton talking now, he's -- he believes that america is competitive globally by having low tax rates. >> and by having fair tax rates. so, for example, he would want corporate tax reform and eliminating a lot of the loopholes that have -- >> but he -- >> sprung up over the last 15 years. >> he has come out and said lower the corporate tax rate. >> but he also is, i believe, in favor of simpson-bowles the deficit reduction plan which has about $1 trillion of revenue increases in it because you cannot make the numbers work without revenue from is somewh...
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