Detailed text transcripts for TV channel - FOXNEWS - 20171114:00:31:00
Dramatically on buying a new car, or building another house, or expanding. they are spending would have to be cut back, how was that good? >> one of the things it does is it doubles the standard deduction, or nearly doubles at $224,000 from the current level. that helps offset some of those losses. and let's remember, too, for the vast majority, about 80% of the people who benefit from the deductions of state and local income deductions, that might impact some folks in some high tax states and high-cost states. on the other side, you also have to turn around and look what to the state where i ...