Detailed text transcripts for TV channel - FOXNEWS - 20121017:15:07:00
And he said yes, i think that's fair. >> reporter: the president there is comparing romney's investment income tax to payroll taxes for that bus driver or nurse. the president fails to mention that mr. romney paid income taxes when he first earned the money. then pays a second tax as the money is invested and he will pay a third tax, as he all will, estate taxes and death taxes when we all die. now to another issue. >> he keeps saying you want to take detroit bankrupt. president took bankrupt. you took general motors bankrupt. you took chrysler bankrupt. when you say i wanted to take the auto ...
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