Detailed text transcripts for TV channel - MSNBC - 20111017:06:07:00
The criefor exemptions would be great. >> don'tbi 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 cital gains tax. we replace the payroll tax. we replace corporate income tax. replace personal income tax. and replace the death tax. is a replacement tax structure. where do state taxes go? you say they're going to be repealed? >> with the current structur you have state taxes, right? so with this new structure, you still going to have state taxes. t...