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Detailed text transcripts for TV channel - FOXNEWS - 20170927:17:12:00

Ultimately it is hard to see how you couldn t have bipartisan support for a middle-class and below tax cut. they are expanding that standard deduction, making sure married couples will have a deduction at the lower end of the spectrum. more people will face a zero on the federal income tax, that s a big deal and i think democrats will want to support that. we know that something like 68% of the country supports an overhaul to the tax system. that s not a small number. democrats know that their base supports the taxes and they are going to do it they can to insist they don t give any breaks to the wealthy. jon: the president has also been talking about simplification and saying a great number of americans are going to be able to file their tax returns on a postcard if this goes through. to me that seems impossible but it could happen. most americans i would think would get behind that. ....

Tax Cut , Middle Class , Tax System , Income Tax , Tax Returns ,

Detailed text transcripts for TV channel - FOXNEWS - 20170927:15:17:00

The president likes a simple vacation, what do you like about this proposal? more families can keep their paycheck and spend that money on things they want rather than have the government take a big bite out of their paycheck. it will literally lower the cost of living for all americans across the board. simplification is an action bonus. jon: what do you say to the charge that is a tax break for the rich? it s just not true. that is predictable that our opponents will say that, but it s not true. we want to do is make sure everybody who pays taxes sees a reduction and their tax costs and increases their take-home pay. we want to boost the economy in the process, create incentives for investment and job creation ....

Action Bonus , Jon Scott , Tax Break , The American , Tax Costs , Job Creation ,

Detailed text transcripts for TV channel - MSNBC - 20170927:19:26:00

Really important, this is not simplification. they haven t pointed really to any credits or deductions other than the interest deduction and said we re going to make the tax code a heck of a lot simpler. that s what we need here. congressman, thanks for beings with us. knows a lot about financial matters. talk again. thank you. any moment expects president trump to take the state of in indianapolis to talk taxes. we ll bring you it to when it begins. where s kelly o donnell? in indianapolis with the president? reporter: i am indeed. there you are. how are you doing? reporter: well. one of those things, having a conversation, i can talk a little politics but i know you know the tax piece a lot more. i can tell you a lot of people are in the room invite-only, who have a sense of business and some of these cuts might affect them either politically, lots of local and state officeholders are here. members of the business community. we re in a building known as the ....

Tax Code , Haven T , Interest Deduction , In Indianapolis , Kellyo Donnell , The Farm , Business Community , Tax Piece ,

Detailed text transcripts for TV channel - CNN - 20170926:14:18:00

Gets people into the middle class in the first place, so tax reform is the most important thing we can do to restore confidence to this country, to get jobs and prosperity and that is why we are so singularly focused on getting this done this year. [ inaudible question ] we ll answer those questions when we release our outline. i think that particular question you re asking will be addressed tomorrow. susan? [ inaudible question ] yes. your question about simplification of the tax code one of our most important ....

Tax Reform , Inaudible Question , Tax Code ,

Detailed text transcripts for TV channel - FOXNEWS - 20170926:17:18:00

That paperwork. we are going to make a very, very simple. a simplification. jon: president trump highlighting one of the principles in the pending republican tax reform plan. senate republicans are discussing whether to use their budget plan to try to target obamacare repeal. the gramm cassidy bill now looks like it is all lost cause in the u.s. senate. this obamacare repeal and replace his gun down in flames a number of times, how confident are you that republicans can get together on tax reform? it something we talk about just like health care, i would say i am very disappointed. ....

Jon Scott , Tax Reform Plan , Us Senate , Budget Plan , Health Care , Alabama Republicans , Down In Flames , It Something , Gramm Cassidy Bill ,