Detailed text transcripts for TV channel - FOXNEWS - 20170425:15:08:00
Let's talk about this tax cut proposal. first of all, the president wants to reduce the corporate tax rate from 35% to 15%. congress has to buy into that. will he get that? >> this is the beginning of the process and he will get a corporate tax cut. there is a general sense among republicans and some democrats that our corporate tax system mitigates against job creation and economic growth in america. he'll get some, the question is will he get as deep as 15%? each roughly one point decline in the rate on a static basis costs roughly $100 billion of revenue over the next ten years. if you have...