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Detailed text transcripts for TV channel - MSNBC - 20171220:11:14:00

minute here. people also see a double standard deduction. so what that likely means is that most people will file a more simple, simplified version of their taxes. it will be less likely you will itemize your deductions, but this is also something that s going to hurt people in high tax states. we talked a lot about this, places like new jersey, potentially connecticut, where joe is. where you can t deduct as many state and local taxes as you would have under current law. so i think the central question here is what are businesses going to do with this windfall and republicans seep saying, look, they will hire more people. they will increase wages. democrats say, they re going to help their shareholders. you know, our economy is shifting in kind of a fundamental way. there are a lot more people working in the gig xi. they don t necessarily have salary and benefits. they re not necessarily paying taxes like american versus traditionally. i think there will be a real question here for co

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