Detailed text transcripts for TV channel - CNN - 20171117:00:35:00
Highest tax rate on earth. the reason is everybody else has been cutting their rate and we haven't been doing anything. there's a massive amount of data where they reduce the corporate rate and look to see what happens. there's a lot of literature that shows workers wages go up because they locate in low tax country. our firms are locating factories offshore, increasing demand for workers offshore. >> we are still going to be -- just on that pure reality, we are still going to be a high tax country. ireland raised taxes to 12%. apple is putting money in the channel islands where they are getti...