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December 5, 2017
Know what to do with it, perhaps. i hope. we have four terrific families. some have had difficulty. taxes are too high. frankly, their healthcare is terrible. healthcare plan is terrible. obama care. that will be next. were a long way toward getting rid of that and getting something very good and much more affordable. very big problem. but for the taxes, they want to see tax cuts. they want to see jobs. we talk about choice. we want choice in jobs also so you can look for five jobs or six jobs n...
December 4, 2017
Reputable economists and studies. theyll certainly get economic growth from this. >> like whom? >> no question we will. american enterprise. the heritage foundation. like our own independent studies coming out of the congressional budget office. very clear when you cut taxes, you get economic growth in that. look, you dont have to be an economist to understand this. it is common sense. if we have the highest corporate tax rate in the industrialized world, you have to know that thats not good for...
December 4, 2017
Football game. republican lawmakers will try to hammer out a final tax reform bill. with the finish line now in sight they say and argue it needs to get done now. >> our tax code must be competitive with the rest of the world. when that happens, american companies will turn out more profits, more revenues to the government and well be able to deal with our national debt. >> when we take our tax rates, the corporate rates from one of the highest in the world to now one of the lower tax rates in t...
December 4, 2017
Respect to gdp growth. basically, it says itll have a bit of a bump from the long-term trend in the 2% range, and then it reverts back to the trend, possibly even having a bit of a negative impact on gdp growth after 2020. >> a negative impact. add $1 trillion in debt. >> the two are connected to each other. what the president and republicans keep promising may not actually come to pass. according to pretty much every study thats come out on this. >> almost all studies. i want to bring in -- wed...
December 4, 2017
The economy way beyond people are predicting. chris: another big selling point is that the corporate tax cut will result in benefits, jobs, higher wages for the middle class. here is president trump. >> we need a competitive tax code that creates more jobs and higher wages for americans. its time to give american workers the pay raise that theyve been looking for many, many years. chris: but major companies like cisco, pfizer, coca-cola say they will turn over most of tax savings not to workers ...
December 4, 2017
The economy way beyond people are predicting. chris: another big selling point is that the corporate tax cut will result in benefits, jobs, higher wages for the middle class. here is president trump. >> we need a competitive tax code that creates more jobs and higher wages for americans. its time to give american workers the pay raise that theyve been looking for many, many years. chris: but major companies like cisco, pfizer, coca-cola say they will turn over most of tax savings not to workers ...
December 3, 2017
Benefiting. break that down for us. >> its pretty interesting because one of the issues we are having is our tax system has been modernized in the corporate tax rate is one of the highest in the world and if you compare corporate tax rate of 35% versus year for which averages 1827%, where the complete disadvantage and that the detriment of american families. if the plan goes through the council of economic advisers saying the average family household income will go $4000 to $9000. that is great ...
December 3, 2017
The economy way beyond people are predicting. chris: another big selling point is that the corporate tax cut will result in benefits, jobs, higher wages for the middle class. here is president trump. >> we need a competitive tax code that creates more jobs and higher wages for americans. its time to give american workers the pay raise that theyve been looking for many, many years. chris: but major companies like cisco, pfizer, coca-cola say they will turn over most of tax savings not to workers ...
December 2, 2017
Information and rhetoric on the left tht be a tack cut for the vast majority of americans and middle class. the standard deduction 70% you are getting a win. the other point, our corporate tax rate is uncompetitive irpt national low. highest in the developed world our effective rate is the highest. we em lauren green and it is barely by two :00 a.m.. they passed a sweeping tax reform bill. president trump said it was a chance for republicans to pass the biggest tax cut package in
December 2, 2017
Information and rhetoric on the left tht be a tack cut for the vast majority of americans and middle class. the standard deduction 70% you are getting a win. the other point, our corporate tax rate is uncompetitive irpt national low. highest in the developed world our effective rate is the highest. we cannot compete it is inefficient at the least. that is coming down. in a significant way. there are many@tributes that will help a lot of people grow the economy, grow jobs and we hear from the lef...