Detailed text transcripts for TV channel - FOXNEWS - 20120711:08:09:00
Understand it next question the republic platform seems to be that they're going to lower tanks just like ronald reagan did. remember, when reagan did all of that bringing the tax rate for the affluent down from 70% to 28%, the economy did revive. all right? so, romney is going to mirror the ghost of ronald reagan. that's their policy. do you see that as a failure? >> if it's going to accelerator wealth to the top in this country using the tax structure to do it that's wrong. it's unfair. it's not american. >> bill: all right. it's not economic with you. it's philosophical? >> well, it's both....