Live Breaking News & Updates on Tax argument

Detailed text transcripts for TV channel - MSNBC - 20120713:00:40:00

Like simpson-boles, and the republicans will use things like all the democrats want to do is tax. and the democrats are going to call republicans evil. the problem is first all of, technically, the affordable care act is the mandate is, you know, constitutional and the taxing authorities, we could get into a whole argument about that. 55% of people do think it s a tax. the problem is for the republicans this time in trying to use a tax argument is every poll shows the majority of americans believe with barack obama s prescription on taxes. meaning wealthier americans should pay more. they ve already lost the tax argument. so trying to go back to the 90s, 80s strategy of tax and spend liberals isn t going to work because that s not where americans are now. i m not so sure she s right. i think because they lie consistently and say it over and over again, i think it has a tendency to take hold. susan didn t lie. she did an artful job of answering your question. but she forgot to mention that the supreme court tax said was a

Problem , Tax , All , Things , Republican , Democrats , Obama-care , Of , Mandate , Simpson-boles , Republicans-evil , People

Detailed text transcripts for TV channel - MSNBC - 20120713:07:39:00

Saying that? well, are you saying that facts and politics are supposed to go together. the message that they re using is that when you look at and we can get into a big debate about this with the health care ruling. it is deemed a tax. there are issues there. and the solutions which republicans are saying absolutely raising no taxes. and the democrats are saying, well, we re not going to cut spending. well, that s how you get into the situations. and frankly, the word compromise has become a dirty word, and we have to go back to something like simpson-boles, and the republicans will use things like all the democrats want to do is tax. and the democrats are going to call republicans evil. the problem is first all of, technically, the affordable care act is the mandate is, you know, constitutional and the taxing authorities, we could get into a whole argument about that. 55% of people do think it s a tax. the problem is for the republicans this time in trying to use a tax argument is every poll shows the majority of americans believe with barack obama s prescription on taxes.

Tax , Politics , Issues , Message , Facts , Health-care-ruling , Debate , Taxes , Republican , Saying , Word , Democrats

Detailed text transcripts for TV channel - MSNBC - 20120713:07:40:00

Meaning wealthier americans should pay more. they ve already lost the tax argument. so trying to go back to the 90s, 80s strategy of tax and spend liberals isn t going to work because that s not where americans are now. i m not so sure she s right. i think because they lie consistently and say it over and over again, i think it has a tendency to take hold. susan didn t lie. she did an artful job of answering your question. but she forgot to mention that the supreme court tax said was a tax affects less than 1% of americans. and they only get taxed if they don t sign up for health care. it s a minute tax that has no implications so then if a person it s not just raising taxes. he s cut taxes on the average american family by $3,600. two tax cuts. in the stimulus, making work pay cut and the payroll deduction tax cut. if you re an average working family that makes $75,000 under

Americans , Tax , Tax-argument , Liberals-isn-t , Strategy , 80 , 90 , Question , Job , Hold , Tendency , Susan-didnt-lie

Detailed text transcripts for TV channel - MSNBC - 20120713:03:40:00

And frankly, the word compromise has become a dirty word, and we have to go back to something like simpson-boles, and the republicans will use things like all the democrats want to do is tax. and the democrats are going to call republicans evil. the problem is first all of, technically, the affordable care act is the mandate is, you know, constitutional and the taxing authorities, we could get into a whole argument about that. 55% of people do think it s a tax. the problem is for the republicans this time in trying to use a tax argument is every poll shows the majority of americans believe with barack obama s prescription on taxes. meaning wealthier americans should pay more. they ve already lost the tax argument. so trying to go back to the 90s, 80s strategy of tax and spend liberals isn t going to work because that s not where americans are now. i m not so sure she s right. i think because they lie consistently and say it over and over again, i think it has a tendency to take hold. susan didn t lie. she did an artful job of

Tax , Things , Republican , Democrats , Word , Compromise , Something , Simpson-boles , Republicans-evil , People , Problem , Argument

Detailed text transcripts for TV channel - MSNBC - 20120712:10:12:00

Effect but in the light of the economy it s hard to break through. if somebody doesn t have a job they can t hear the tax argument so much. but the tax argument i think is working and obama making the case that he s going to keep the tax cuts for the middle class, but not for the wealthy, has some resonance out there. i mean, when you hear the complaints of people who say, but wait, it shouldn t be $250,000, you re not rich at $250,000, especially if you live in the places where the people who are complaining have a high, like new york and your places. steve? is something that gets lost in this, you re not paying higher taxes at $250,000. you re paying higher taxes on your income above $250,000. if you make $260,000, your tax increase is $350. my democratic opponent if you re my democratic opponent, i cut you off halfway through that explaining. you just did. because you ve lost half the audience. as you re trying to explain that, a tax increase is a tax

President-obama , Economy , Somebody , Tax-argument , Class , Job , Case , Effect , Wealthy , Tax-cuts , Light , People

Detailed text transcripts for TV channel - MSNBC - 20120712:10:11:00

Debt, printing money to buy debt. instead of having it sold to other people and reduce long-term interest rates and keep those down. those are the margins, though. very much on the margin. the other thing, signal they re going to keep short-term interest rates low for a longer period of time to encourage people to borrow. more on the margins, to try to signal what the fed is doing something but there s not a lot they re going to do and certainly nothing that is going to get done that is going to change the trajectory of the economy between now and election day. margaret carlson, what do they do at the white house as the economy keeps stumbling along, hoping mitt romney makes mistakes? that s one hope. i would think. and he does make them. but they re doing the fairness argument, that, you know, the economy isn t fair to you. you re playing on unfair territory and going after the tax argument, which is, you know, it was having some effect, the bain ads were having some

Money , People , Thing , Debt , Interest-rates , Margins , Margin , Down , Thanksa-lot , Something , More , Fed

Detailed text transcripts for TV channel - MSNBC - 20120705:16:40:00

There is no rate authority. there is a big chance that rates could jump up after this goes into effect. so, a lot of the costs are hidden by subsidies. americans don t necessarily want the federal government telling them what to do, telling them what to buy, what not to buy. why aren t you focusing on that? why are you being so politically dumb first of all, totally crass messages with him and eric fehrnstrom. nobody thinks eric fehrnstrom is out there freelancing. everybody knows this is a message they had, it didn t work, and now conservatives, wall street journal editorial board, bill kristol, now conservatives are saying what s wrong with you? whose side are you on? not only are you messing up the health care message, we re worried you re going to mess up the entire campaign. this is such a softball. why are you swinging at it? steve, was this dumb? well, they bungled the sort of rollout of getting his position straightened badly, i think. and i do agree, i doubt they ll get much mileage out of the tax argument, but i ll be charitable and kind of put out other side out there. it basically goes like this. what kurt just laid out there about the rationale for

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Detailed text transcripts for TV channel - FOXNEWS - 20120703:00:16:00

I m not putting kennedy in but three brilliant conservatives and one independent right leaning guy was going to reflect the rest of the country that believes that way? that doesn t make sense. they tore him apart in their dissent. they tore him apart and he knew he was going to be torn apart. there is nothing left of the tax argument after you read the dissent. bill: right. he himself admitted. there is an element of his decision, there is this thing called the anti-injunction act where you are not allowed to sue the government over a tax until and unless it s already been implemented. obviously that would apply to this. so, in other words, the entire suit against obama care is invalid. how does roberts get around it? he actually writes that for the purposes of the constitution, it s a tax. but for the purpose ever the anti-injunction act, it s a penalty. that s completely illogical. bill: he had to know it was illogical. i m going back.

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Detailed text transcripts for TV channel - FOXNEWS - 20120703:00:13:00

The only way to explain what he did is that as chief justice he wanted to appear nonpartisan. he wanted to produce a decision whether left and right were agreeing on the main. bill: how key possibly think that the right was going to agree with the taxation? look, in the presentation, the obama administration s justice department lawyers presented 31 pages to the supreme court arguing that the individual mandate should be upheld. they presented 11 pages arguing that they had the power to tax. so, by our breakdown, it s 74% of the time was spent on upholding the commerce clause so-called. which justice roberts struck down. 26 on the tax argument. how did he think that a conservatives were going to say oh, yeah, punitive taxation, coercive taxation, that s what we want the american federal government to be. that goes against our whole history as i made the tea party reference. look, i think you are

Bill , Way , Decision , Left , Chief-justice , Main , Supreme-court , Justice , Taxation , Presentation , Obama-administration , Mandate

Detailed text transcripts for TV channel - FOXNEWS - 20120703:03:16:00

I m not putting kennedy in but three brilliant conservatives and one independent right leaning guy was going to reflect the rest of the country that believes that way? that doesn t make sense. they tore him apart in their dissent. they tore him apart and he knew he was going to be torn apart. there is nothing left of the tax argument after you read the dissent. bill: right. he himself admitted. there is an element of his decision, there is this thing called the anti-injunction act where you are not allowed to sue the government over a tuntiy been implemented. obviously that would apply to this. so, in other words, the entire suit against obama care is invalid. how does roberts get around it? he actually writes that for the purposes of the constitution, it s a tax. but for the purpose ever the anti-injunction act, it s a penalty. that s completely illogical. bill: he had to know it was illogical. i m going back.

Way , Guy , Country , Conservatives , Dissent , Brest , Doesnt-make-sense , Three , One , Bill , Decision , Thing