Now be bold. Throw a little obamacare into the mix, why not . We expect to see some action this afternoon in the Senate Finance committee as members work on their tax package, supporters are noting there is nonpartisan analysis saying the middle class would benefit from their tax package. To Mitch Mcconnells point, every group gets tax relief here. The differences that the burden of Taxation Shifts so that those at the top and are going to pay a little bit more of the burden and those in the middle class are going to pay less of the burden. Bob corker of tennessee, jeff flake of arizona have expressed concerns about the nations debt. G. O. P. Leaders will need to assure them that this tax package wont blow a hole in the deficit. Some key republicans a tax reform would bring in more revenue by bringing jobs and investment back to the u. S. Meanwhile, democrats are taking aim. Ive never seen a more blatant attempt at a corporate welfare bill than this bill. They are literally taking mone
harris: sounds like a deal breaker. our next guest remains unknown, let s bring it in congressman lee s eldon who hails from long island. thank you for being here, you and i have been talking sometime sitting across from each other like this, has anything changed in your eyes in terms of getting tax reform? as we discussed last time, it is progress to have the property tax deduction up to $10,000 but when i write all the numbers in the current plan for my constituents, i have middle income constituents who will see their taxes go up. harris: by how much, give me an example. you have 123 school districts in long island, it depends on what school district you are in, let s say you are spending $22,000 of an itemized deduction for your income taxes plus your property taxes. when you lose of the deductions and run the numbers, you might be lowering rates, you come close but you are not seeing tax