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What's your brief? >> there's really nothing in this tax proposal that's going to benefit small business. david: nothing? >> small businesses don't pay at the corporate rate for the most part. so they're not going to benefit from that. the pass-through provision to lower the top rate on pass-throughs, combined with the change in the rate structure is only going to benefit about two large pass-through business entities. this proposal makes the tax code even more complex and worse of all, this blows a 1.5 trillion dollar hole in the deficit at a relatively time of prosperity where we should look...

Steve bannon was talking about people making more than $5 million a year. he wanted the rate to start with a four. cohen said it might be somewhere around 36, 37%, shep. with all of the elimination of deductions, that means even though the tax rate would be lower from 39 1/2, the very top earners would pay more than they're paying now. >> shepard: john, before the president took off on his speech, president said he wasn't happy with his secretary of homeland. but first the back story. politco broke this story last week. it reported that tom price chartered jets for official business at least t...

Losing everything, coming back. so, i can walk the walk and talk the talk with our small businesses. i can be their advocate. that's really what i think my primary job is. i'm going to be continuing to be their advocate for tax reduction and regulatory reform. >> i want to challenge you with one thing. it's easy, as small businesses, the tax rate gos down to 15% from the top people, 39 1/2%. the small business majority put something out that said small businesses aren't asking for a tax break. it does nothing to put all of america's businesses on more even footing. what is your reaction to tha...

There that get hurt by taxes who are the ones who create jobs. that's great. your tax rate will go to 15%. for the income they were probably paying 39.5%. that's fantastic. we're hearing word the top rate, 39.5 may only drop down to 37. >> bill: this is being debated. >> that's a small cut. >> bill: let's show our viewers what the plan will be. on screen, top individual rate currently 39 1/2, proposed around mid 30s. seems to be negligentable. we'll see how it ends up. business rate would go down to 15. corporate rate go down to 15 as well. >> that's job creation. what you see there is job cre...

Was said he did more for white people in the south than black people because he exposed white people of good will to their consciousness. that's been happening in our city and i'll give you a long litany of achievements and why i ran for mayor to begin with 39 1/2 years ago, to bring our community together. we've seen that and this event caused that to become public. i think we have been leaders in racial unity and racial progress and understanding. we are working to build the international african-american museum here. most of the africans that came to north america came here. we will build t...