Detailed text transcripts for TV channel - CNN - 20171216:00:21:00
>> let me take you through some of the top headlines ch first on the tax brackets, the number stays the same at seven as it is. and the lowest rate is at 10%, but check out the dif enss among the others. it lows the rate e ifs most of them. especially check out the top individual rate. that drops from 39.6% to now 37%. on the corporate tax rate, it drops from 35% to 21%. that's significantly, lightly higher than the 20% proposed in the house and senate bill and that would is start up in 2018. very significantly, the bill does include an elimination of the obamacare mandate penalty. that's sign...