Detailed text transcripts for TV channel - FOXNEWS - 20120208:12:17:00
Pay 2/3 of the tax? >> you know what? i bet a lot of people don't believe that number. it's true. it comes right from the irs but most people have no idea that the wealthiest 1%, you know, those evil 1% at the top, they pay 40% of the taxes and yes, the top 10% pay 67%. one other statistic, brian, the bottom 50%, all americans below the median, they're only paying 2 1/2% of the tax. it's a highly progressive tax system, this idea that the rich aren't paying their fair share. the statistics don't bear that out. >> richest 10% in america pay more than every other industrialized nation including ...