Detailed text transcripts for TV channel - FOXNEWS - 20120710:18:10:00
They have don't math, they can't afford it. they have got a kid in college, kids in private school. whatever it is. put food on the table. now they will have to pay this penalty and the i.r.s. will take it out of their income tax returns. the question is whether that does have a drag on the economy as the president is predicting in arguing for his middle class tax cuts. he's saying $2,200 a year creates a drag on the economy. >> i think it will create some. the $2,000 tax doesn't phase in until 2016. but the tax out of the healthcare law that will have a huge impact is the surtax on investment...
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