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Detailed text transcripts for TV channel - MSNBC - 20120823:16:37:00

Own that i think is what makes this issue so resonant. you have on the one hand the fact he picked a nominee for the vp slot that would essentially eliminate his taxes. i mean, paul ryan has recommended no capital gains. szeroing it out. that s where he gets the vast majority of his money. actually, his rate would be 0.82% if he went with the paul ryan budget. that s pretty shocking. then you also just have what romney s own plan is, which is to cut the tax rates from millionaires and billionaires like himself. the income tax rates by about 20%. and he says that that would somehow be revenue neutral, but all of these wonks and economists have gotten together and have not been able to find a way to make the math add up. i know maybe he had a calculator at the end of the boardroom at bain, but they haven t been able to make that up without raising taxes on the middle class. the tax policy center concluded to complete romney s tax plan, taxes for high income ....

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