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In terms of jobs and middle-class tax cuts. >> we want jobs. >> it is fine. we want jobs with free-trade too but what you do when you do this tax cut and deploy capital in the market is create wealth. you don't know how that wealth is going to be allocated in the market after that. the messaging from republicans has to be this is about making the country wealthier. >> the worst part of the bill is some of the provisions, susan collins such as medical deduction, things like that but we call this cats and dogs, this is the way tax bills get done and you got to do these things to get the best par...

Are coming back on monday. they will start and reconcile the two bills, the senate and the house bills and from those republicans that i have spoken to it's going to be pretty easy to reconcile. there are some slight differences but one congressman explained for the mortgage deduction, the senate bill gives you $1 million deduction, the house bill 500,000, they can split the difference but the president, one part of the quote you didn't play, the president threw a wrench when he got on marine one, he said that the corporate tax rate could be 22%, well that was not in either the senate or the h...

In terms of jobs and middle-class tax cuts. >> we want jobs. >> it is fine. we want jobs with free-trade too but what you do when you do this tax cut and deploy capital in the market is create wealth. you don't know how that wealth is going to be allocated in the market after that. the messaging from republicans has to be this is about making the country wealthier. >> the worst part of the bill is some of the provisions, susan collins such as medical deduction, things like that but we call this cats and dogs, this is the way tax bills get done and you got to do these things to get the best par...

Rid of mortgage deduction without any actual cut for anybody else. it would be political suicide. that's the way taxes are. we do have lower corporate taxes. neil: got you. this package as it stands now you say what? >> well, there is a lot of crazy for the millionaires and billionaire who is are going to benefit from this and that's what this is. i actually agree with john, everyone is playing politics, you've got making decisions that they are not going to have to deal with. the people who are going to have to deal wit preteen and teenagers and, you know, we have to get past this shot and ta...

Among these differences for our viewers at home on the screen, we've put them up for you, senate version keeps the estate tax. the house version repeals it. the senate keeps the mortgage deduction. your version limits it. the senate plan eliminates the property tax deduction. yours puts a cap on deductions. in addition, senate version repeals the aca mandate. calls for some tax increases. if this resembles the senate's final version, is there common ground between the two chambers that can be reached? >> yeah, i think so. the big four pillars are all in place. and the big addition is the obama...