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Detailed text transcripts for TV channel - MSNBC - 20120922:03:31:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120922:03:31:00

Of his taxes from 1990 to 2009. they claim romney's average tax rate for those years is 20.2%. they also claim that the lowest rate romney ever paid was 13.6%. there is a whole lot of information here to digest in these documents and what it all means. our next guest can do it better than anybody. i'm joined by david cay johnston, author of "the fine print, how big companies use plain english to rob you blind". great to have you with us tonight. when you see the tax return of mitt romney 2011, what jumps out at you? what did they do? how did he get 14%? >> well, he's at 14% because he mostly h...

Detailed text transcripts for TV channel - MSNBC - 20120922:00:31:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120922:00:31:00

Rate romney ever paid was 13.6%. there is a whole lot of information here to digest in these documents and what it all means. our next guest can do it better than anybody. i'm joined by david cay johnston, author of "the pine print, how big companies use plain english to rob you blind". great to have you with us tonight. when you see the tax return of mitt romney 2011, what jumps out at you? what did they do? how did he get 14%? >> well, he's at 14% because he mostly has this capital income and we tax people who are wealthy on the income from their money less than we do people who work. what's...