Detailed text transcripts for TV channel - CNN - 20170427:16:41:00
Rode. but as you just heard, the administration couldn't provide income ranges for those brackets. so who's getting hit with that 35%? someone making 25,0$25,000 a yer $200,000 a year, we just don't know. so the conclusion here is that simp simplification doesn't mean that everyone gets a tax cut. but there are clear benefits for the wealthy. the highest earn will will see their rate go down if this plan passes from 39.6% to 35%. they'll avoid an obamacare surcharge and a huge tax when they transfer wealth to their children at death. also not many people are talking about this, john, but wealt...