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$10,000 for state and local income. it is one $10,000 property and he is hoping to be able to put toward property or state and local income. i know it is in the weasel of april what would it take for you to vote yes on a final bill? >> if they can get that to 20,000. using 10,000 involved. i will tell you, i'm calling on the president particularly with the new york republicans on the issue. to take one final shot. he is a new yorker, he is from queens, he knows what this is about. mr. president, we would love to sit down with you. we would love to have 10 minutes of your time to get this resol...

To, you know, reconcile the differences between these bills, with a little disadvantage because the vote is harder to take in the senate so what's in the senate bill will probably dominate. so people think. they offer different rate structures. the house bill has four tax brackets with a top rate of 39.6, the senate with seven brackets. they have to reconcile the top rate and structure. >> all down to money. >> that's right. >> and what it means, and how -- and can it pass muster in those -- in the rules in the senate? these are big deals. >> that's right. and that's why you're hearing from th...

In the year 2025. also different, individuals tax raids. the house has four knicks tax brackets. i can show you those, including the highest tax rate at 39.6%. the senate has seven and lowers most rates including from the top. the senate keeps some popular tax breaks that the house kills or reduces, quite frankly. actually, mortgages, medical expenses and student loans. grad students fare much better understand the senate plan, you guys. this is something that a lot of people have been talking about. big permanent corporate tax cuts are the cornerstone of both versions. make no mistake there's...

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...

Going to be deal-breaker. i would have business go to 20 immediately in 2018. neil: they have it going in 2019. >> we did not have the original mandate repeal but senate did, i think that has to stay in there, that's very important. we left 39.6 rate for high earners, i would have put the mandate repeal to 35. you're take get away some of the deductions, if you lower the rates for everybody, you know, people in new york maybe it's a wuish but at least they're not having taxes go up. neil: what are you limited to do? now can't go beyond the differences ore if you wanted to go to top rate, you c...