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Least resistance, that's why the corporations have been chased overseas in the first place. now they want to chase them off the globe. megyn: there seems to be an assumption that the rich are dodging tax laws, and you know, many believe that that's true, that the rich pay fewer taxes than the middle class, because they have so many tax shelters, that they take advantage of. is there some merit to that argument? >> well, there are tax shelters, obviously, and they're created because of the irs code in the first place, and their effort to chase this money down. the other side of it, there are va...

>> he said the fed kept short term rates low, not long-material rates like 30-year mortgages. he says the long-term rates in part unflatted the housing bubble, though there are prominent analysts say that's wrong, that the fed's easy money policy flooded the market with cash and they say it made that cash made it easy to get a mortgage or invest in the housing market. megyn: i understand as you've been watching this thing, something bizarre happened during his testimony. >> they are supposed to have a report on all this and the panel has been going through all its investigations. meanwhile, co...

Explicitly but it could be as much as 7 percent more for goods and this was just advocated by john podesta at the center for american progress, this v.a.t. tax that could be facing americans to pay for the huge decifit that we're now facing. >> well, that's right, it's well-explained meggen. -- megyn. every stop on the supply chain, a loaf of bread, the flour, the baker, the retailer, all the way up. europe has had this for some time. that is chilling to free enterprise and chilling to investment. and by the way, paul volcker spoke in fave of this just the other day, as well as podesta. this i...

Was dead wrong. the weaseling is disgusting. the other part is interesting about how we've heard a lot of this. i think it's somewhat successful in an unfortunate way, because it's out there now. it's out there in the national conversation that tea partyers are racist. we've seen it in a number of columns, in important newspapers, we've seen it in a number of new stories, and you know what, megyn, i've done a lot of looking into this, and i'm here to tell you, i no longer believe these racial slurs happen. i do not believe they happen. there is not one piece of hard evidence to suggest that th...

And said maybe it was hyperbolic, i'm sorry people got so concerned, and he is saying that he wasn't trying to draw an analogy to the klu klux klan. >> really? really? he gets finished saying that these people, you know, all that's missing are robes and hoods, and that their followers of george wallace, the segregationist governor of alabama and now he's weaseling out? look, this is liberal hate speech, pure and simple, and what makes it especially interesting, megyn, is that we've heard a lot, as you correctly said in the lead-in, we've heard a lot about incivility, and you would think, you w...