Detailed text transcripts for TV channel - CNN - 20171213:19:21:00
Republicans have proposed dopg that from 35% down to 20%. that will now be at 21%. why? because each point you raise the corporate rate that's $100 billion in revenue. they needed that to pay are to the plan. now take a look at the individual rate, house kept it at the highest level as 39.6. senate dropped it down to 38.5. what they have agreed upon is dropping it down to 37%. now why would you drop the top rate on proposal that democrats already say is weighted way too heavily towards the wealthy? two reasons. first and foremost this helps on policy side, high tax states, local tax deduction,...