Detailed text transcripts for TV channel - MSNBC - 20130107:14:32:00
Fiscal cliff deal. a package billed for the middle class that also ended up preserving billions in tax breaks for everyone from wall street banks and nascar millionaires to puerto rico rum makers. all told, nearly $68 billion worth of tax breaks for special interest groups this year alone and that number could rise significantly in the years to come. the joint committee on taxation laid out a list of corporate tax gives aways in this bill. a two-year extension as bonus depreciation and it allows big businesses to deduct the costs of big businesses and cost $50 billion through 2014. an $11 bill...
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