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Detailed text transcripts for TV channel - FOXNEWS - 20171212:14:10:00

bill: on that agenda and tax reform look at the calendar. we re now at the very end of the month of december. we circled the 12th. that s where we are today. the 22nd is when officially congress expects to wrap up all of its business. christmas day is the following monday and january 1 is the start of the new year. if this does not get done in the next 2 1/2 weeks, does tax reform ever get done? i think you are going to see us finish this before the end of the year. the conference committee is working. they are working to make certain that the individual marginal rates are as low as they can possibly be. they are working to make certain that there is fairness in the system of business taxes both for the pass-through entities and the corporations. they are working to make certain that there is simplification so the american people spend less money and fewer hours filing those taxes to the i.r.s. and my constituents are saying i want more money left in my pocket at ....

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Detailed text transcripts for TV channel - CNN - 20171211:10:41:00

The economy. it s not tax simplification. it s going to be very complicated tax preparers looking for big money. it s going to add to the deficit. it s permanent corporate tax cut but not permanent relief for the he middle class. weal we see. 41 minutes after the hour. huge wildfires burning in h southern california. we ve got a live report next. adb whose fleece was white as snow. but after an electrical fire from faulty wiring, mary s vintage clothing and designer shoe collection were ruined. luckily, the geico insurance agency had recently helped mary with renters insurance, and she got a totally fab replacement wardrobe at bloomingdale s. mary was inspired to start her own fashion line, exclusively for little lambs. visit geico.com and see how affordable renters insurance can be. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20171209:16:07:00

Simplification. one of the ways this was sold when it was rolled out in april by the president s team was to simplify everything. ronald reagan actually spoke to that point when he was selling this tax plan. let s share that. the texas and has 14 brackets of tax rates from 11% to 15%. we would take a step toward an ideal system by replacing that with a simple three bracket system. you go from a lot to a few but the latest tax plan shows having just as many tax brackets with the new tax policy as the old. they are missing out on the ability to sell this with simplification. a huge deficiency and republicans for years talked about you should be able to do your taxes on the back of a postcard, this is not going to be the case. i am on the fence with what rich ....

Ronald Reagan , The President , Tax Plan , Ideal System , Tax Rates , Bracket System , Tax Policy , Tax Brackets ,

Detailed text transcripts for TV channel - FOXNEWS - 20171205:12:47:00

. steve: what an assignment. we send him out to eat. let s go to the stacks omega diner, ainsley says it is a legendary spot in greenville, south carolina where we re going to let todd be todd. yeah. this is really a legendary as to the spot. there s no joke about that. and this is ainsley s home state. they love her here. we love her there. ainsley s awesome. let s start with joe, he s a trump voter who is also a cpa. so of course we re going to talk to him about taxes. joe, you like a lot of the tax plan. why? i like the tax simplification. i love the fact that they ve doubled the standard deduction, crossing my fingers hoping they get rid of the amt. i think it s good for the economy and especially the small business. i think that s fantastic. . now, while you like the simplification, you don t necessarily like that postcard idea. why? no. if you simplify it too much, you re going to hurt small businesses. you ve got too many different ....

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Detailed text transcripts for TV channel - FOXNEWS - 20171202:09:50:00

Standard of deduction. trillions of repatriotation of foreign capitol and simplification of the tax code they feel will get it done tonight absent surprises from ascertains from arizona. huge, huge win. i think we are on pence alert. waiting to see what will happen here. what are you making of the tax bill here and do you think that, you know, it is looking auspicious for this to go through. i got off the phone with a senior source with senate republicans they are can have the. 51 votes are locked down. the vice president is on his way to the senate to preside or a vote they feel don t believe he has to cast a tie breaking vote. every democrat will vote, no and every republican will vote, yes. except for bob corker. this will being despite the ....

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