Greenspan Talks Economics on Hardball

Greenspan Talks Economics on Hardball
http://video.msn.com/video.aspx?mkt=en-US&brand=msnbc&vid=e6ed2f93-a265-433d-bd08-45ee090e6edc

Greenspan talks about current issues such as Medicare, The Fairtax, Taxes, and the current state of our economy.

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that's what i'm saying.  a poor person might spend 95% of his income and thus be taxed on 95% of his income.  a rich person might only spend 50% of his income, and thus only be taxed on 50% of his income.