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Detailed text transcripts for TV channel - FOXNEWS - 20171130:21:39:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171130:21:39:00

How open are you to provide some break on the so-called deduction for state and local taxes, salt? >> so i'm very open to that. i think it's a policy matter, eliminating the deduction for state and local taxes is good policy. why? the federal government shouldn't be incentivizing state and local governments to jack up your taxes. it's only a good policy result if we're lowering individual rates enough that people's net tax bills have been going down. so i've been spending a lot of time fighting for the residents of high tax blue states, states like new york and new jersey and connecticut and c...

Detailed text transcripts for TV channel - FOXNEWS - 20171130:21:41:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171130:21:41:00

Per child. that helps out a lot of families that are struggling. that is a good thing devoting tax relief to the individual side. what i'm pressing to do in addition to that is lower rates. lowter marginal rates so taxpayers are facing less of an individual liability -- >> neil: beyond the rates that you have now in the senate plan? even the top rate goes down i think about a point to 38.5%. you're talking about beyond that? >> i'm talking about beyond that. the reverse trigger if we see greater growth would do that, would lower those individual rates. i'll mention the reason why we have gotte...