Detailed text transcripts for TV channel - FOXNEWS - 20110414:20:26:00
The lower tax rate but the tax hike did not go into effect. >>neil: that is the head wind inflation, the fear is that a lot of c.e.o.'s say we know it is there, it is coming, the inflation, and how much can they pass along and wal-mart has run into resistance. >>guest: capital gains are not inflation adjustment and inflation is hitting the tax codes and price controls and the other sorts of things you cannot pass on and there is a real impact of inflation. it is much less than in the 19 70's because nation interacting with tax codes can do damage. in the 19 70's we had worse tax codes than tod...
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