Detailed text transcripts for TV channel - MSNBC - 20111230:12:17:00
Taxing capital gains and investment money and interest and things like that. there are two distinct point of views about this. and, you know, jeff's point is the warren buffett point. you know when he talks about paying a lower rate of tax than his secretary does. but on the other side, republicans can argue that lower capital gains taxes do provide a boost to the economy and in the past have for the first year, at least, çincreased revenues. >> but, joe, i think the american people quite overwhe overwhelmingly want higher taxes on the rich. >> yeah, they do. >> and that's an important point...
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