Detailed text transcripts for TV channel - MSNBC - 20171015:23:22:00
You're talking about. when we lower tax rates, that helps economic growth and especially in the international area, where businesses are taxed on average of 22.5% and we are taxing american businesses, big and small, between 35% and 40%? >> they pay lower than that efec efectively. >> i was just with u.p.s. bir big, huge company. they compete against dhl, 24%. i was talking to harley-davidson. a big milwaukee company. their effective tax rate is in the mid-30s. they are competing against companies taxed at like 20%. so we are putting our forms at a competitive disadvantage. when you take looph...
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