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38.5% is the top bracket in the senate. the senate version also keeps popular tax breaks that the house gets rid of like deductions for mortgages, medical expenses and student loans. one thing both versions agree on, permanent corporate tax cuts, the gop argues that will mean higher wages for you. there is no guarantee. the gop argues that will mean higher wages for you. there is no guarantee. it will raise taxes for some people right away for those earning less than $30,000 a year. by 2027, all low income and most middle class americans end up paying more if you look at the analysis from the ...

You have mortgage interest deduction reduced in the house, the senate mortgage interest reduction, the same 7 tax brackets topping rate out at 38.5 for corporate and 20% starting in 2019. i actually did read all of them for you there. [laughter] heather:ly start with you, what do you think is the most significant difference? >> i think the most significant difference is the problem with senate vote, you were talk about things that were written in margins, handwritten in margins, in the middle of the dark of the night, adds for trillions to our debt and obviously is a bigger concern, fundamenta...

35%. i remind people the effective rate most companies pay tends to be 18.6%. so we've not eliminate the tax holes. much to be debated. and proposed the highest tax bracket goes down from 39.6% to 38.5%. that's the marginal amount the wealthiest pay on the highest taxes they pay. obamacare is another issue. the house bill doesn't touch it but the senate bill abolishes the individual mandate congress estimates that this provision alone is going to cause 13 million more americans to be uninsured by 2027 and premiums would be 10% higher than they would be under current law. taxpayers will also be...

Lowered. 38.5%. not enough in my mind. the crucial part is in the dramatic reduction in the corporate tax rates from one of the highest at 35% in the world to 20%. of course, the 10% tax on repatriation for multinational corporations, foreign cash. that means trillions potentially coming into this country and factories and manufacturing centers being built for the forgotten men and women in poverty, out of work. the question is, what does this mean for you? here's some examples the mainstream media won't show you. a middle until factually of 4 with $70,000 in earnings, they can receive 60% tax...

In my mind, 38.5%. perhaps the most crucial part of this bill could be in the dramatic reduction in the corporate tax rates from one of the highest at 35% in the world to just 20%. and of course, the 10% tax on repatriation for multinational corporations, foreign cash, that means trillions potentially coming into this country and factories and manufacturing centers being built for the forgotten men and women in poverty out of work. now the question is, what does this mean for you? here are some examples of the mainstream and he will not show you. according to estimates, a middle income family,...