Detailed text transcripts for TV channel - FOXNEWS - 2017111

Detailed text transcripts for TV channel - FOXNEWS - 20171113:15:33:00

will get rid of their ability for state taxes will only affect higher earners, not the lower middle class and the ability to write off -- take a stand arpd deduction which is higher will impact them better. it gets complicated. i don't think chuck schumer will give sound advice to the gop. he will message. >> bill: his larger point the suburbs will make you pay a price for it. some middle class voters see the rates go up. some upper middle income americans might see a deduction in the rate but once you take the deductions out they pay more in taxes and high earners, 10% of americans pay 70% of the taxes, that's just the fact, chris. >> absolutely. and you are absolutely right on that. these states, these blue states that have extremely high tax codes already, high state taxes aren't going to get a ton of breaks right here except for maybe in the corporate rate or the higher rate. republicans are going to have a hard time. why you are starting to see deif you can shuns.

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