Detailed text transcripts for TV channel - CNN - 20170927:09:07:00
20 20%. it would cut the top rate to 35%. bumps the lowest rate 2 points higher. the plan though would also double the standard deductions so many low income earners could pay no taxes. still details are fluid. trump has said he's open to raising taxes on the rich, something that many of the conservatives in the house don't want to raise taxes on anyone. according to two republicans briefed on the latest plan, it instructs the tax writing committee to raise more money from the top end. so today's proposal will likely lack specifics as they iron this all out. it won't alienate any republicans a...