Detailed text transcripts for TV channel - MSNBC - 20120922:09:38:00
>> let me give you a public of how it works. my dad started our business in 1961, 51 year ago, and he invested everything he had. and he also did not take a salary. my mom worked as a nurse on nights and weekends at a local hospital. i was the cook. i was 12 years old. my dad, not taking a salary, also took all the money he made and paid taxes like what happens now, he paid taxes on it. however, he invested that in the business. it became the operating capital, and it's still there today. it's a loan. he paid taxes, but it's money that, yes, "he made," reported on his tax return, paid taxes on...