Rate Deductions News Today

Theres still a few holes we have to plug to make sure we have a nice positive statement for everybody on this. but the -- >> there are -- >> and the one other i did want to point cut. >> go ahead. >> the most important point is we dont want to delay corporate rate reductions. we delayed that in 1981 and 82 and had a recession -- >> let me ask you about -- >> and 83, we took off like a rocketship right when they kicked in. >> let me ask you with these corporate rate deductions, congressman, becau...

Representatives but hopefully the senate and i would hope the president will not veto it because it includes the keystone pipeline language. >>neil: i know you are supporting romney and he talked about closing tax hoop holes and credits and he was not dogmatic on that but said they are not hiking taxes if they have been used in the past to prevent some from paying taxes at all and many purists in the party, conservatives who argue that is a tax hike when you close a loophole for whatever reason....

You could argue they ought to broaden the base and do away with the loopholes and some of the deductions and preference that exist in the tax code today. most americans would prefer a simpler more clear and more fair tax code but you have to get the rate reductions to go with it, otherwise, most republicans are going to view it as a revenue increaser when most republicans view the problem, the definition of the problem being one of spending. so could we get tax reform? i think so. a lot of the g...