Detailed text transcripts for TV channel - FOXNEWS - 20120112:11:17:00
Says they're rich. they should pay more in taxes so the republicans say you're rich. pay more, write a check. >> one other question before eric get in. i know he was chomping at the bit. if warren buffet were to go ahead and put that money towards the deficit, would it be a tax writeoff for him? >> i think it would be a voluntary contribution. therefore, not tax deductible but i'm not absolutely sure. >> line item on your tax return, you can actually add to -- offer money to reduce the deficit. stuart, mr. buffet is very -- he's out there saying i want to reduce the deficit and i'll pay more i...