Detailed text transcripts for TV channel - CNN - 20161113:20

Detailed text transcripts for TV channel - CNN - 20161113:20:36:00

and i think it would work beautifully. >> potentially reducing tax rate of 35% to 15%. what more do you know about this tax plan that donald trump might be formulating? >> well, it also has 100% expensing of capital purchases, instead of depreciating them over lots of years, 100% expensing, which is a big stimulant and cuts the highest personal income tax rates as well and it gets rid of the inheritance tax which is a huge killer. i'm 76 and got six kids and 12 grandchildren and three great grandchildren, the only reason i work is for them. if they put barriers in there, they are going to get people like me to go out of the labor force and not invest. >> there were campaign promises made by trump about bringing back factory jobs, many of which closed in this country going overseas, we know there was a lot of criticism of donald trum

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