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A little bit could be coming out but when you hear a doubling of the standard deduction what is happening is a merger of what's called the personal exemption with the standard deduction so from the point of view of the small. poor family there might be a fifteen percent increase in this deduction which means a tax saving but it's it's peanuts compared to dropping for instance the personal tax rate for these so-called passthrough companies by the way the trump organization is a passthrough company and that would be an income tax rate of twenty five percent what are the chances that this reform ...

Issues. >> you also like the t. rowe price, prafhx. >> in is for something willing to take more risk. it's a high yield fund. whenever you get higher yield you're taking more risk. but in this case it avoids the bottom of the junk pile. it also has investment grade bonds. but they're just -- they have a little higher yield. so this is the kind of fund if you're willing to take more risk for higher yield. >> when you look at the one-year return, it's 0.9%. that feels like a cd or a bank account. the issue here is the tax saving. this is why you're saying don't bother with this in an i.r.a. if y...

Happen? >> i'm saying that companies like medtronic out of the twin cities did a double irish, not a drink anymore. that's when you move abroad for a tax strategy. we don't want more of that. we don't want $2.5 trillion sitting offshore because when we come -- when that money comes back we're the only country to tax it twice. we want that money invested in minnesota in the second district. >> here's what i'm asking you, i'm not asking if they should have a tax cut, should there be limits on it because of the examples of what we saw the tax holiday in 2004, that money didn't go back and reinves...

A fifteen percent increase in this deduction which means a tax saving but it's it's peanuts compared to dropping for instance the personal tax rate for these so-called passthrough companies by the way the trump organization is a passthrough company and that would be an income tax rate of twenty five percent what are the chances that this reform well actually implemented. let's just say better than i think the repeal of obamacare with the repeal of obamacare was possible to mobilize people who are directly suffer the cuts the way this is all packaged is the necessary spending cuts will come in ...