Detailed text transcripts for TV channel - MSNBC - 20110509:20:10:00
He val eighted tax one for one basis, a swap. for the corporate tax and personal income tax would improve the price competitive of american products against imports coming in and when we export to other countries. >> that's another idea. we just have a second left where it is a common sense idea and you have had economists on both sides talking about this for some time. what's the short reason this does not get traction? >> well, it would have redistribution effects. i mean, after all, the -- the -- corporate tax right now and the -- personal income tax have all kinds of, you know, loopholes a...
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