Detailed text transcripts for TV channel - FOXNEWS - 20170928:05:02:00
Tax brackets down to a simpler three brackets. then the brackets would range from 12% to 35%, down from the highest rate now for individuals of 39.6%. eliminate the estate tax all together. that's a big one. the standard deduction doubles for many households plus a larger child tax credit. the natural question how do you pay for it? the president wants the repeal personal exceptions, repeal aa deduction for manufacturing for businesses and eliminate other big business loopholes.in eliminate the deduction for state and local taxes. there are republicans like new york congressman peter king ther...
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