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Detailed text transcripts for TV channel - FOXNEWS - 20171109:00:43:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171109:00:43:00

And the number according to the latest web count goes as high as 14. you can only lose 42. many will say my taxes will go up if i lose that deduction? >> that's just not true, and i'm from california, so what we do in this bill is you lower the rate and you double the standard deduction. fewer people actually have to itemize, but the other thing that we do here is we eliminate the amt. if you take a household in california that has a high salt, what happens is that it's actually worth more than that and we eliminate there. we also keep property tax, the average property tax -- go >> martha: up...

Detailed text transcripts for TV channel - FOXNEWS - 20171027:19:26:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171027:19:26:00

American stands to lose about $19,000 of value in their homes. that's not going to help if that $1,000 a year tax savings for middle class america is not going to help when you're talking about losing on average $19,000 of your home value. >> trace: evan, robin has a good point. because we don't know what is in this bill, he's bringing up, you guys are talking about salt and the audience is salt? what about salt? what about the home deduction. a lot of things in this bill we don't know what is in it because quite frankly it hasn't been laid out very well, evan. so if they're going to get it th...