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Detailed text transcripts for TV channel - MSNBC - 20170427:02:14:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170427:02:14:00

The so-called distribution chart that accompanies all real tax legislation. and even at the memo level in washington. and the distribution chart is the part that says this is how it will affect the different classes of taxpayers based on income. here is how much money will go to the various taxpayers. here is how much will be taken from the various taxpayers in this thing there is not each a hint that of here. >> no. i think people are being very generous in calling this a plan. it's talking points. that's all it is. it doesn't pass the laugh test in terms of seriousness on the hill. you know,...

Detailed text transcripts for TV channel - MSNBC - 20170928:05:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170928:05:13:00

Tax rates they will go crazy. instead of 10% and then 15%, it's going to be 12% and then more than double to 25%. i'm sorry. this is a middle class tax cut? they didn't give us numbers on where they apply but saying $24,000 of income for a married couple, you won't pay tax on it. you won't pay any on 19,000 and not much of a shift. this is, lawrence, absolutely a massive giveaway program for donald trump and had it been in effect the year i got the tax return for, 2005, it would be an 85% reduction in donald trump's taxes. >> and, bruce, the last time republicans did this kind of massive tax c...