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MSNBC The Last Word With Lawrence ODonnell December 27, 2019 06:49:00

Back at the 2% long-term level that he inherited from president obama, the deficit s gone up and we ve seen that corporations have substantially reduced their tax bill. that doesn t mean lowering the corporate tax rate may not have been a good idea. we had a high nominal rate compare today the rest of the world but, of course, they didn t close loop holes sufficient to pay for that finance. that s why the deficit has gone up so much. the argument that republicans, and in particular trump, made was that if we reduce the tax burden on these companies, they ll come back and invest in america, hire more worker, manufacture more. that, in turn, produces more results for the economy. have you seen anything to support that or substantiate that? it s not in the data either. a lot of the money companies save was used to buy back stock, which increases the value of the remaining shares and stock options for executives. ....

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MSNBC The Last Word With Lawrence ODonnell December 27, 2019 03:50:00

Obama, the deficit s gone up and we ve seen that corporations have substantially reduced their tax bill. that doesn t mean lowering the corporate tax rate may not have been had a high rate compared t the rest of the world but, of course, they didn t close loop holes sufficient to pay for that finance. that s why the deficit has gone up so much. the argument that republicans, and in particular trump, made was that if we reduce the tax burden on these companies, they ll come back and invest in america, hire more worker, manufacture more. that, in turn, produces more results for the economy. have you seen anything to support that or substantiate that? it s not in the data either. a lot of the money companies save was used to buy back stock, which increases the value of the remaining shares and stock options for executives. and ayman, i don t think we should talk about this as a tax cut because we re borrowing the ....

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