Detailed text transcripts for TV channel - CNN - 20100416:03:03:00
France 45%. germany, 45%. japan, 40%. netherlands 52%. the uk, it's 40%. most of these countries have national sales taxes that add 20% on to the burden. we want to point out many tea party activists are concerned about what's coming ahead. understandably so. the obama administration called for a tax increase of nearly $1 trillion. it includes $630 billion on people earning more than $250,000. that's a result of the bush tax cuts ending as scheduled and a hike in capital gains. $355 billion comes from american businesses. let's talk about that, talk about the raw politics, jessica yellin at th...
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