Detailed text transcripts for TV channel - MSNBC - 20121115:11:49:00
Is nine more months to go. now, of that $195 billion, $150 billion comes from the middle class. $45 billion comes from those folks in the top 2% who obama wants to raise their taxes anyway. the next item, as you may remember, is a 2% payroll tax credit that people got as part of an anti-recession measure a couple years ago. that also expires, $116 billion coming out of consumers' pockets. you have the alternative minimum tax which is this complex tax calculation that is hitting more and more of the middle class and each couple years congress has to do a patch to make it work. and then finally,...