today. when you double the standard deduction, 95% of americans don't itemize so i was bringing this up in the committee that these deductions, sometimes never even make it to the tax return. so i'm hoping that we're looking at that. i know we both, senate and house, agreed to double standard deduction and that's what's got to be important and i hope we're not bickering on the actual deductions, in many cases we're only talking 5% of americans will have those deductions. elizabeth: i know you're not saying that deductionses aren't important. are you saying that the brackets are more important, that the corporate tax rate is more important? what's going to give? >> welcol, i think the most important thing is lowering taxes for middle americans. and lowering the corporate tax rate. we're not competitive. we have the highest statutory tax rate in the world ab one of the effective highest tax rates in the world, that's why businesses are going overseas. elizabeth: when you talked about tax relief for the middle class
Related Keywords
My Fellow Americans , Senate , Deductions , Deduction , Committee , Tax Return , 95 , Elizabeth Pran , Cases , White House , 5 , Thing , Tax Rate , Taxes , Brackets , Important , Deductionses Arent Important , Welcol , One , World , Tax Relief , Businesses , Tax Rates , Class ,
vimarsana.com © 2020. All Rights Reserved.