Transcripts for CNN CNN Newsroom With Brooke Baldwin 2015092

CNN CNN Newsroom With Brooke Baldwin September 28, 2015 19:19:00

bring back money that is currently overseas to the country, which would help, but critics are going to want to know how is he going to pay for this. >> i'll take that point and say i think it is going to be p popular with a lot of people, but i don't think this tax plan is going to create more revenue or economic growth. one of the key things is the idea that american companies have a lot of cash they are holding in overseas bank accounts. if they could bring it home, they will put it to work retraining workers. we did this in 2004. the money did not go to creating jobs, building factories. it went to share buy backs and dividend payments. thp will bolster the markets but not create growth in the real economy. >> it may make me or someone happy initially, but it won't create the jobs and growth. >> he's also focusing on the fact that by cutting taxes to the tune you're talking about it puts more money in people's pockets, and that's true in the short-term. certainly low income americans have been hit over the last few years. but longer term, that's not what

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