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To streamline it, gain efficiencies not just lower the tax rate. not just get a sugar high off lower tax cuts. >> what i was saying, statutory rate of 30%, companies play 18 points. nobody disputes this, some do. kevin hassett, art lapper, same thing. if we don't fix this, the point, low are the rate and broaden the base, as people like to say. have more people paying a more consistent rate. >> right. >> i guess the question is this -- the white house came out and said between 4,000 and 9,000 dollars a year in gains to households, went back and forth a while. i want to put up a chart in the un...

Final plan will hinge on major tax cuts for businesses and wealthy americans, ostensibly with the goal of stimulating economic growth. i happen to be a little skeptical of that outcome, but to balance things out i'm joined by somebody who's not. art lapper, chairman of lapper associates, former economic adviser to pret reagan. when talked to kevin hassett of the council of economic advisers i said i have you coming up. good to see you. >> oh, my goodness nessgoodnes. good to so you, ali. >> the administration is using the argument, the cut to taxes, particularly corporate taxes, will result in...

This job done, and i don't want to be disappointed by congress. >> this week, donald trump kicked off his push for tax reform in springfield, missouri, birthplace of route 66, commonly referred to as main street of america. offering a populous pitch he says will slash the tax rate for companies and be a boom for lower and middle class americans. we haven't seen specifics of who would get those besides the very rich, how much they would be, and how to pay for it all. instead, all we have seen on trump's plan is a bare bones, one page outline that leaves it to lawmakers to fill in the blanks. ba...

>> neil: all right so to hear steve mnuchin put it, look forward to something big. that's what the administration will lay out as a comprehensive tax reform. bigger, the president said, than anything we've seen prior, even bigger than ronald reagan. former reagan economic adviser, art lapper on that. i did catch what he mentioned about the mix class tax cut. not so much that this would be across the board. i can glean way too much. what if it is not across the board? big for the middle class, big for others. the corporate part is real and big. but not quite like ronald reagan in the respect th...

Others like ronald reagan that had a lousy first 100 days. george bush sr. comes to mind. keep that in mind. the 100-day thing is a barometer and we've used it since f.d.r. -- >> i would say outperformed. certainly the last administration. >> neil: don't get me started on millard fillmore. thanks very much. good seeing you. we're beginning to get sort of the broad blueprints of a tax cut. the treasury secretary, steve mnuchin sifts his hands today. i'm not sure art lapper would like what he heard. i could be very wrong. stick around. and everything we ship has something in common. whether it's...