Detailed text transcripts for TV channel - MSNBC - 20121115:15:06:00
>> i want to talk about taxes and the fiscal cliff. the president said he wants taxes to go up on the well think. what's your thought here? what do you make of that? is he leaving room for negotiations on the deductions? >> well, not a whole lot richard. he was basically coming back with what the position had been earlier, using the $250,000 level. well, theoretically he's open to whatever possibility somebody ask come up with, but he cast doubt on that. the danger, i suppose, is that they reach some deal on some compromise on the bush tax rates, and then never do the tax reform that everybody...