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This is a political things. if you consider $1,000 crumbs, if you consider $2,500 crumbs, if you consider getting help on your utility bills from utilities benefitting crumbs, fine. the crumbs are adding up and they are substantial to the people getting them. they're not crumby. >> that sounds elitist to me. for the people getting that, they love it. so it's definitely a boon. as i mentioned, it's important the investments in cap x and in the companies as they grow that produces more economic growth, which as we know produces more jobs. so a drop in the corporate tax rate from 40 to 20. droppi...

Open their wallets. trish? >> thank you so much, david. are we going to see more of this in the new year? with me, katherine is here. all the way from a warmer place, right? >> much warmer. 81 degrees. balmy and beautiful. >> trish: are we going to see more of this? is this a p.r. stunt for some of them or is it real? >> this is real money. more is in the pipeline. we have to consider the deduction on cap x. in addition, you have the incentives of a virtuous cycle. a lot of growth will come in from total investment and total consumption. so when you have more demand, you have a economic growth...

Getting the money. stock buy backs and executive compensation. so where this loses credibility is you're saying i want to raise the taxes on the blue states by reducing the state and local income which reduces budgets for schools, budgets for infrastructure. mark and i talked about that. i'm raising the deficit. the reason i'm willing to tolerate the reduction in the budget for schools and infrastructure, increase the dechz is because there is so much private capital flowing into the economy it's going to create jobs, invested in cap x. invested in new business formation. however, that is not ...

Distributed as opposed to that which gets invested into new business formation, cap x. >> hang on, mark. when ceos have been polled, he asked ceos to raise your hands if you are going to do anything than reinvest these wages and buy back dividends and no one raised their hand. no one he heard from is saying this is necessarily going to back into the economy. >> because it's missing the final piece, john, which is the incentive to invest the money. >> this tax plan also includes an incentive that allows companies to write off all their capital expenditures in the coming years. it penalizes exec...

Into new equipment that raise wages, and that's why we are confident the council of economic advisers says just the corporate reform is going to increase wages about $4,000 in the coming years. on top of the tax cuts you get increased wages. >> again that remains to be seen. that will have to be proven. >> that's why it's unpopular. people can buy the theory of private capital. they want to know the private capital is driven into hiring and cap x. >> one of the issues that came up was how this affects the president directly. the president said during the campaign and fall when he was selling t...