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Detailed text transcripts for TV channel - FOXNEWS - 20151112:23:39:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20151112:23:39:00

And take a look at new hampshire, donald trump has a bigger lead there in the recent polls in new hampshire. up 12.6. let's bring in our panel. charlie hurt, political columnist for the washington times, amy walter, national he hadder for the political report and syndicated columnist, charles krauthammer. charles? >> well the trump interview was extremely interesting. he's extremely good at this. because he dances and he dekes and he faineints and he disa appears. without backing down, when you asked him about his critique of the romney plan, which was self-deportation, which is a lot softer t...

Detailed text transcripts for TV channel - MSNBC - 20150929:15:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150929:15:42:00

Current seven income tax brackets to four. individuals earning less th$25,0 and couples earning less than $50,000 would pay no tax. the wealthiest americans would see their tax rates slashed to 25% from nearly 40%. trump's plan also eliminates the estate tax paid by the wealthiest americans. meantime, the corporate tax rate would be cut to 15%. but how to pay for all of that is not clear. trump promises to get rid of unspecified deductions and close tax loopholes now available to special interests and the very wealthy. he says critics who charge that the numbers don't add up are wrong. >> they...

Detailed text transcripts for TV channel - MSNBC - 20150929:15:46:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150929:15:46:00

What you really want to know is what your effective tax rate is, whether it goes up or whether it goes down. yes with be these rates look like they're going to go very low. but if you lose all your deductions, it could not come out in the wash the way you want it to. i agree there are a lot of details to be learned on the plan. >> but this was a big part of this announcement yesterday, was that finally we would hear some details from trump about a policy. when you talk to him about syria, for example, he kind of says let them fight it out, then we pick up the remnants if you want to consider t...

Detailed text transcripts for TV channel - MSNBC - 20150929:15:44:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150929:15:44:00

Romney did in 2012. we can compare it to what george bush -- i'm sorry, jeb bush proposed a few weeks ago. this plan is much more generous and very unlikely to be revenue neutral. >> when trump says that people are wrong, that they would be bringing in at least $2.5 trillion in money that's stuck outside of this country, does that make any sense to you? >> i'm afraid it doesn't, because when you do the math, when you bring in that $2.5 trillion, for example, the most that would raise would be $250 billion, which is a lot of money, of course. however, mr. trump has other aspects of his plans wh...

Detailed text transcripts for TV channel - MSNBC - 20150929:15:47:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150929:15:47:00

Business people is even higher than the rate corporations pay. so we definitely need to bring these rates down if we're going to be competitive internationally. >> matt, the tax foundation which advocates lower tax rates says that the cost of trump's cuts could easily total more than $7 trillion over the next decade. >> depends on what happens to the deductions. >> i'm glad matt brought up question of the deductions. we aren't flying blind here. ever since bowles and simpson made the big push for tax reform in 2010, we've been studying all different types of tax plans. we have a pretty good id...