first of all, i think your characterization similar to houdini is not fair. i ve been working with him. he s been very consistent. his goals are to make business competitive. we have one of the highest tax rates in the world. we tax on worldwide income. we have a concept of deferral. this is a jobs acts. this is about creating jobs. and we have been completely transparent on the numbers and what this does to the deficit. all right. is the working class and the poor going to get a tax cut? absolutely. the objective is a middle income tax cut. middle income is getting a tax cut? absolutely. is the wealthy? the president says income tax cut to the wealthy. because estate tax is a benefit to the wealthy?
we want to make business competitive and we want to simplify the personal tax system, lower taxes and create economic growth. this is going to be the biggest tax cut in the largest tax reform in the history of our country. we are committed to seeing this through. sandra: there you have it. fox news just learning the tax bracket will be ten, 25, and 35%. trish regan is here. she is so excited about this. you can hardly contain herself. trish: we spent the last eight years with no meaningful economic policy out of washington. they were doing everything they could to print money and prop the economy up. finally, we are getting some thing in the way of economic policy. it s not right that we have the highest tax rate when you factor in state local taxes for corporations in the world. why would you want to start a business here? why do you think so many u.s. companies have been going
one objective. he also said we are not likely to see much economic impact from the president s economic policies until 2018. i sat down with treasury secretary mnuchin for an exclusive wide-ranging discussion of the economic issues that he and our country face. the president will be giving the joint session to congress this upcoming week. what can we expect in terms of budget can the state of things right now? well, i would say the most important issue is economic growth, and the president is very, very focused on us getting back to sustained, long-term economic growth. that the american economy has been too slow for too hong and we re going to start too long, and we re going to start with tax reform. we re focused on regulatory relief, and we re focused on just a whole lot of changes to make the middle class tax cuts and to make business competitive. and that s a big focus of what we ll be doing. maria: will the president be touching on that this upcoming