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Fewer claim deductions and personalizes fewer deductions hurting people with three or more kids. goodsies for the middle class. the plan increased child tax credit to $1,600 and $300 tax credit for non-dependent children and who are the winners and losers? corporations are the big winners. the bill lowers the corporate tax rate all the way down to 20% from 35%. the ultra rich, big winners. this bill repeals the estate tax by 2024 and doubles the exemption before that. and repeals the amt, anothe...

Likely be whos winning big with that plan. corporations get a huge tax cut down to 20% from 30% is the stated rate. the administration believes this will spur growth. the ultra rich are also big winners. the bill repeals the estate tax in the year 2024 and doubles the exemption to about $10 million before that. another plus. what about the losers? people in high tax states. no more state and local tax exemptions. only deduct property taxes up to 10 grand. for new home purchases, the mortgage int...

They are like, never mind the barbecues. lets go watch a movie, right? >> definitely. all of you on the east coast. im here in l.a. its sunny. not rub it in, but -- >> in the wound. its already open. lets talk about the latest "transformer" movie. "age of extinction." is this a must see for everybody out there? >> you know, look. it got really bad reviews. well put that out there, and it is 2 hours and 45 minutes long, but it is definitely the number one movie right now. it made $100 million las...

Normal. >> its good in a lot of good ways. >> reporter: like working and living together now. before she was shot. they had a commuter marriage. she jetted between her congressional marriage and worked in washington, d.c. he lived in houston, texas, where he worked at the space center. this is the first home they bought and live in together. another plus. before giffords was shot she had a rocky relationship with kellys two teenage daughters from a previous marriage. but the sort of tense relati...

That direction. >> for giffords and kelly, this is the new normal. >> its different in good ways too, in a lot of good ways. >> like living and working together now. >> im looking forward to making a change in the fall. >> before she was shot they had a commuter marriage. she jetted between her congressional district in arizona and worked in washington, d.c. he lived in houston texas where he worked at the space center. this is the first home they bought and lived in together. another plus, befo...

Where he worked at the space center. this is the first home they bought and live in together. another plus, before giffords was shot, she had a rocky relationship with kellys two teenaged daughters from a previous marriage. >> but sort of tense relationship that you had with your daughters, thats changed. >> yes, changed. >> thats a positive? >> yes, yes. >> that koz come out of this tragedy. >> a lot better. >> a lot better. >> they have also grown up a little bit, too, and as a family we have ...

The new normal. >> its different in good ways, too. in a lot of good ways. >> reporter: like living and working together now. >> im just looking forward to making a change this fall. >> reporter: before she was shot, they had a commuter marriage. she jetted between her congressional district in tucson, arizona and worked in washington, d.c. he lived in houston, texas, where he worked at the space center. this is the first home they bought and live in together. another plus, before giffords was s...

Kelly, a retired astronaut and space shuttle commander, this is the new normal. >> its different in good ways, too. in a lot of good ways. >> reporter: like living and working together now. >> im just looking forward to making a change this fall. >> reporter: before she was shot, they had a commuter marriage. she jetted between her congressional district in tucson, arizona and worked in washington, d.c. he lived in houston, texas, where he worked at the space center. this is the first home they ...

Space shuttle commander, this is the new normal. >> its different in good ways, too. in a lot of good ways. >> reporter: like living and working together now. >> im just looking forward to making a change this fall. >> reporter: before she was shot, they had a commuter marriage. she jetted between her congressional district in tucson, arizona and worked in washington, d.c. he lived in houston, texas, where he worked at the space center. this is the first home they bought and live in together. an...

Stronger, better, tougher. stronger, better, tougher. >> for giffords and kelly, a retired astronaut and space shuttle commander, this is the new normal. >> its different in good ways, too. in a lot of good ways. >> like living and working together now. >> just looking forward to making a change this fall. >> before she was shot, they had a commuter marriage. she jetted between her congressional district in tucson, arizona, and work in washington, d.c. he lived in houston, texas, where he worked...