Detailed text transcripts for TV channel - FOXNEWS - 20171218:07:05:00
Terrific bill as you put it. first fairness. this was senate democratic leader chuck schumer had to say about it. >> god bless wealthy people. i'm glad we have them. but they do not need a tax break. >> let me pick up on that because critics note the tax rate for top earners dropped from 39.6 percent to 37 percent. the top corporate tax rate is cut from 35 percent to 21 percent. and the owners are so-called pass-through companies get a 20 percent deduction. the tax policy center analyzed the earlier senate bill which did not even have all of those provisions and said the top 10, the one percen...