Detailed text transcripts for TV channel - MSNBC - 20171219:18:32:00
Majority of the benefits going to the wealthiest 5%, 10% of the population, even the top .1% will benefit from this. there are all kinds of loopholes in the pass-through entity, the so-called llc or other corporate provisions that were going to benefit others. very difficult to figure out exactly what the loopholes are at the moment. i just got off the phone with my own accountant trying to understand in detail what this means. but it does not help individuals who are below $100,000. in fact, it probably doesn't help individuals who are below $200,000, given the analysis we've seen thus far. i...