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David: so democratic leaders are bashing the gop tax plan even though it includes concessions to try to attract democratic support. joining us now is missouri's democrat congressman emanuel cleaver. congressman, great to see you. thank you for coming in, appreciate it. >> good to be here. david: you have an increase in the child tax credit, a doubling in the deductibles for singles and families. the top rate remains the same so the richest folks in america are still going to be paying their 39.5%. a lot of that seemed to be done to kind of attract some moderate democrats. you're kind of a mode...

35%. we're also told there will be that 39.5% tax that some call the millionaire's tax. this notable doesn't have the income threshold for that 39.5% tax rate. as you know, that's important because it affects people potentially we're hearing who make as a couple more than $750,000. that's the lower threshold we're hearing. it could go higher than that. i would point to that as an important still unanswered question. so i'm going to talk you through a little bit more of what we do now know and explain why we actually don't know as much as we think we might. we're learning about the standard ded...

On the corporate rate, i have to tell you for each one of these bullet points there seems to in almost case be something we don't know. the top one is lowers the corporate rate to 20% calling it the lowest reduction in corporate tax history. it doesn't say if that expires after ten years or if there could be any changes. it also notes that it will reduce the tax rate on business income of main street job creators to no more than 25%. what does that mean? that's the people taxed at the individual rate and so that is what is often described and steph, you know this will, the pass through loophol...

Been doing last minute negotiations around that corporate rate. the president set that line in the sand at 20%. that's what many freedom caucus members on the right have been saying they have to absolutely have. if they're voting for this, that's another voting block as speaker ryan tries to figure out how to get 218 votes for this. but there are still some critical questions. how much money will you have to make to get tax at the 39.5% rate. what are the final details around the state and local tax deductions? will the corporate rate expire after ten years? we're told right now it's not. howe...

President's job foperformance rating has dropped four points. disapproval grew to 57%. the president tries to push through major legislation. on tax reform, guess who hasn't show up yet. the lobbyists. as soon as you go to close up these loopholes, these trillions of dollars worth of loopholes, lobbyists, they will be knocking on the door. they ain't going to like it. >> good, hard pumpkin. let's talk about the tax rej lags and what we are looking at right now. funny enough, republicans have yet to release detailed tax legislation. we heard what's in it. we heard the president tweeting what's ...