Detailed text transcripts for TV channel - FOXNEWS - 20161231:15:04:00
Later. that doesn't stimulate the economy that much and the reason corporate tax is so important is because small business creates over 50% of the jobs. you look at the average small business with pass through income, these small llcs, goes to personal income statement. so they're payi ining 39.6% taxd on that city and state where it's applicable, some of these small businesses are paying up to 50%. that is grossly unfair. the reason they don't have a representative in government. the corporate effective tax rate is still 22%, 23% because big companies have bought off administrations for decad...
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