Detailed text transcripts for TV channel - MSNBC - 20171102:10:36:00
Americ americans because we've had over 30 years those rates being cut down, down, lower, lower, lower. >> people talk about kennedy tax cuts and it was so high, the margin in those days that you can create that. then i wonder to your point, what is the actual political argument for getting rid of the state tax, which this bill will do. the state tax hits incomes 5.5 million and above for individuals and 11 million and above for married couples. what is the populist argument to say, we got to get rid of that? >> it is not, but there is a donor argue, this bill is aimed towards donors, it's a v...