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Detailed text transcripts for TV channel - MSNBC - 20181022:21:15:00

that they're looking at closely is trying to take some corporate tax cuts and make them permanent. insofar as people are putting personal income through small companies, you're basically looking at them being able to stand up and say we're giving permanent tax cuts or permanent tax rates of 18, 20%. >> set up a corporation, funnel the earnings through yourself. >> which the trump team have experience of, and helps small businesses. >> doesn't generally help the middle class. many people are making corporations for themselves. >> the ideas being tossed around. >> wage salary employees versus what you talk about are small bit businesses that set up an llc. i have one, it is normal, that's what you do in starting your own business. it is common. salary employee is a different thing, a tax cut would effect. those are two completely -- >> there's an attempt to look at

People , Tax , Cuts , Companies , Income , Tax-cuts , Team , Corporation , Tax-rates , Experience-of , Earnings , 20