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Detailed text transcripts for TV channel - MSNBC - 20100923:00:06:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100923:00:06:00

Small businesses, they are including any company that pays taxes as a pass-through. house democrats last week identified three limited partnerships that file as pass-throughs. a pipeline company called enterprise, the wall street firm, kohlberg, kravitz, and waters, and pricewaterhousecoopers. their own website lists partnership after partnership after partnership that make up a small business empire of 70,000 employees. according to the "washington post," more than 1 million people who reported at least $200,000 in income in 2008 were partnerships and "s" corps. the richer you are, the more l...

Detailed text transcripts for TV channel - MSNBC - 20100923:00:10:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100923:00:10:00

One of texas' two richest men in the 1990s became an "s" corp. back in 1991. senator john mccain knows about "s" corps. mrs. john mccain filed as an "s" corp. back in 2006. a small business owner who owns a massive beer distributorship and reported income of more than $6 million. and then there's small business man philip anshoots. a small businessman who gave $30,000 to the senate republican campaign committee last year, and $15,000 to the house. on top of his family's more than $500 million to republicans over all. he owns small railroads, small oil companies, small sports stadiums, small ar...

Detailed text transcripts for TV channel - MSNBC - 20100923:08:09:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100923:08:09:00

The world -- bechtel. a small business that builds airports, sea ports, railroads, oil refineries, nuclear power plants. but back when it was just ye old bechtel shoppe, they built the hoover dam. today, the world's number one engineering and construction firm, a small business. companies aside, who are the actual people who would benefit from the republican tax cut for the richest small businesses? him, for one. bloomberg news reports the president and other big authors and actors and celebrities, even hedge fund managers, file as "s" corps to save on taxes. nor is mr. obama the only famous "...

Detailed text transcripts for TV channel - MSNBC - 20100923:05:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100923:05:13:00

Program for it. there are people who may own a chain of fast food stores or a particularly successful group of liquor stores. but they're a small proportion of this. there are about 15,000 "s" corps have an average revenue of $18 million, and partnerships that have an average income of $137 million. >> these rich guys paying the top rates, they'd have to pay a lot more in taxes if the democrats don't renew the bush taxes, right? >> well, yes and no. they do, after all, have access to tax shelters. there are all sorts of fine rules. the reason the tax code is so thick has nothing to do with ord...

Detailed text transcripts for TV channel - MSNBC - 20100923:02:06:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100923:02:06:00

Small businesses, they are including any company that pays taxes as a pass-through. house democrats last week identified three limited partnerships that file as pass-throughs. a pipeline company called enterprise, the wall street firm, kohlberg, kravitz, and roberts, and the accounting firm pricewaterhousecoopers. the koch brothers own website lists partnership after partnership after partnership that make up a small business empire of 70,000 employees. according to the "washington post," more than 1 million people who reported at least $200,000 in income in 2008 were partnerships and "s" corp...