Detailed text transcripts for TV channel - CNN - 20170424:20:21:00
It's been confirmed to cnn that the president wants a 15% corporate tax rate as part of his tax reform plan, though nothing is official get. the corporate tax rate is currently around 35% with loop holtz, of course, but sources say that we're not expected to receive a lot of detail on how any reductions would be paid for. let's talk about this and more with congressman john yarp mouth of kentucky, the top democrat on the house budget committee. congressman, your reaction to this breaking news. could you get behind a 15% corporate tax rate? >> well, of course, the devil is in the details, and 1...
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