Detailed text transcripts for TV channel - CNN - 20171129:06:07:00
In 2025, which means that according to the joint committee on taxation, by 2027, taxes for people making under $75,000 will actually go up, right? so if we actually take them at their word, these tax cuts are going to end in 2025. overall the taxes are actually going to go up for people making under $75,000. the huge windfall is going to be for the very wealthy. if you don't believe that, if you think all the tax cuts are going to continue, then you have a massive budgetary deficit problem. we saw this movie before. this is exactly what george w. bush did at the beginning of his administration...
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