Detailed text transcripts for TV channel - CNN - 20171216:06

Detailed text transcripts for TV channel - CNN - 20171216:06:05:00

people are taking to the streets saying, we don't want this bill. >> do we know who wins or loses? >> it's a corporate boondoggle. the action in this bill is really about corporations. the tax rate's being lowered from 35% to 21%. but the average big multinational pays around 20% so it's not as though cutting this tax rate is going to change the business environment, create jobs on main street. i think what's going to happen is the cash that does come back from overseas will go straight to the stockton. it'll be great for the population that owns stocks, but the average american is not going to see their wages go up and they're not going to have more security. we're at the end of a recovery cycle. we're due for a regulation. we're due for the next recession. >> a family of four saving $2,000, that will be in their paychecks starting in february. the irs is already working. if they get this bill on the

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