Reverse Trigger News Today

How open are you to provide some break on the so-called deduction for state and local taxes, salt? >> so im very open to that. i think its a policy matter, eliminating the deduction for state and local taxes is good policy. why? the federal government shouldnt be incentivizing state and local governments to jack up your taxes. its only a good policy result if were lowering individual rates enough that peoples net tax bills have been going down. so ive been spending a lot of time fighting for the...

Per child. that helps out a lot of families that are struggling. that is a good thing devoting tax relief to the individual side. what im pressing to do in addition to that is lower rates. lowter marginal rates so taxpayers are facing less of an individual liability -- >> neil: beyond the rates that you have now in the senate plan? even the top rate goes down i think about a point to 38.5%. youre talking about beyond that? >> im talking about beyond that. the reverse trigger if we see greater gr...