Detailed text transcripts for TV channel - MSNBC - 20120920:15:15:00
Kennedy in massachusetts? is it fair to say this? >> all is fair in love and politics i suppose, thomas. the problem with this argument about redistribution is that our system here in the united states has long been based on redistribution. we have a progressive tax code, for instance. you could even argue -- you can argue very well, as a matter of fact, that mitt romney is part of his 47%. remember mitt romney doesn't pay much in federal income tax. mitt romney pays capital gains taxes which are much lower, 15%. that's because the american government has decided to favor people who get most o...