Detailed text transcripts for TV channel - MSNBC - 20131223:11:16:00
Taxes, punitive tax rates on conversations and the rich, let's just say it, is not going to he bring income equality. >> i agree with that. but we have cut heavily as we've discussed many times on this show programs like education that contribute to greater mobility. taxes on the rich today have gone up a little bit lately, but they're still below what they were in you go back to the pre-reagan era. if you look back in american history, we have some of our most equal income equality in the '60s when we had some of our fastest economic growth. the two do not necessarily cancel each other out. i...