Detailed text transcripts for TV channel - MSNBC - 20171113:16:49:00
Take a serious hit in the market. i think you're going to deliver a pretty serious blow to the competitiveness of american industry. >> one thing that sticks out, the corporate tax rate is being cut but the loopholes aren't being closed. the reason to cut the tax rate is because they go through all of these giant efforts to pay less taxes. if you just cut the rate but keep all the loopholes -- >> then it won't be 20%. it'll be substantially lower than 20%. >> i don't think we're going to see all the loopholes kept. that's not my understanding of what's happening. now, to be fair, i'm not on wa...