Detailed text transcripts for TV channel - MSNBC - 20110328:11:51:00
For that tax code. 70% of americans don't itemize. 30% of americans are getting $1.1 trillion in tax breaks. what would happen if you took a rtn tt dditeto decideuconoo t st to reduce income tax rates, it could go down substantially. >> contributions and taxing them. >> you could certainly restructure those and not give up on them. saving money to reduce income tax, pat, you've got to be for that. >> what about the mortgage interest? >> second largest item. we want to maintain this because we need help in real estate market but there are accesses here. this has been off limits. >> cap the mort...
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