Detailed text transcripts for TV channel - MSNBC - 20121130:19:35:00
Across a certain threshold. so the first $15,000 is taxed at one level. then the next $400,000 is at another level and that's what's called marginal tax rates. and i think sometimes we confuse that with what a person makes in the income versus that margin all rate breakdown. >> smik al smerconish made an interesting point. why is it that we seem to be hearing so much in public and reading so much on to wit awitt blogs about the negotiations. would both sides not be better served trying to get this deal done behind closed doors? why all the posturing? >> craig, this is the posturing team. there...
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