Detailed text transcripts for TV channel - MSNBC - 20130105:13:48:00
So here, we're talking about tax progressivity and equality more broadly and specifically about the deal that was struck to avert the fiscal cliff. here are my thoughts in short order. look, this was a step in the right direction in terms of progressivity. it restores a rate schedule that's as progressive as it has been since the charter years. it reduces capital gains rates. limited reductions at the high end of the scale. there are people at the top who have gotten 92, 93, 94% of total wealth gains just in the recovery. forgot about the last 30 years, are going to pay more. there are all sor...
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