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Detailed text transcripts for TV channel - FOXNEWS - 20170730:14:35:00

is a once in generation opportunity to do this. it s important we deliver this year. maria: in addition to doing away with the border adjustment tax idea, another thing that was in the white paper that you released last week, unprecedented expensing, talk to us about this, what does this mean, how should we be thinking about how you re approaching unprecedented expensing? that means the status quo isn t enough. equipment software. maria: absolutely right. drives productivity, drives higher wages. imagine a zero tax rate on new investment for new businesses, incredibly progrowth. we want to make sure that as we look at lowering rates and continuing grow expensing, we are not trading off growth against growth but we are looking at other provisions that aren t so progrowth in order to get this in a good place. maria: in doing that, you want to have a territorial system to encourage companies to bring all that trillions of dollars or

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