Detailed text transcripts for TV channel - MSNBC - 20111016:18:07:00
Never exceed 10%. by 1918 the top rate was 77%. the politics of a national sales tax is bad enough on its own. a 9% rate when combined with state and local levies would mean a tax on goods of 17% or more in many places. the cries for exemptions would be great. >> don't combine it with state taxes. this doesn't address state taxes. if you add them together, yes, you would get that number. this is a replacement structure. these are replacement taxes. they're not on top of anything. we replace capital gains tax. we replace the payroll tax. we replace corporate income tax. replace personal income ...