Detailed text transcripts for TV channel - FOXNEWS - 20150824:20:43:00
>> well, stuart, one of the reasons i am a strong proponent of ditching our entire tax system, getting rid of the irs, having a plat tax but a tax -- flat tax but a tax on consumption rather than income is one thing you do is you bring the capital back, and the numbers are closer probably to $11 trillion. globally $21 trillion. due are do you think it would goose the economy to bring several trillion dollars into the u.s. economy for investment? which could happen if it weren't being taxed. >> slightly unrealistic to just sweep your hand and say, get rid of the irs, get rid of those deductions...