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Detailed text transcripts for TV channel - CNN - 20171103:09:35:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171103:09:35:00

Home purchases morgue interest deduction cut in half to about $500,000. we'll talk about in political economist. greg, when i look at this, i see the middle class relief. i see there's some new relief for working families. but really, the center piece of this thing has always been the corporate tax cut. companies want to bring home all of that profit that they have stashed overseas at a very low tax rate. we're told that will be something like a 12%. the biggest tax cut in history as the president is promising is really for companies, no the for regular working people. >> absolutely. and the g...

Detailed text transcripts for TV channel - MSNBC - 20171103:09:05:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171103:09:05:00

Deduction will double. saving them money, but the plan could hurt the family in new york also making $80,000. right now they itemize their taxes writing off the morgue interest and ducting high state and local taxes. under the new plan, forced to pay more because they lose that state and local deduction. at least four republicans are already opposed. house speaker paul ryan are only lose 22 republican votes. if republicans can't get this done, do you deserve to control the congress. >> we're going to get this done because we told the american people this is what we're going to do if we get thi...