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Detailed text transcripts for TV channel - FOXNEWS - 20171203:23:19:00

the average family of four, $2200 a year. arthel: joining me now is jeffrey kupfer, former executive director of george w. bush s panel on federal tax reform let s jump right here. thanks for being here so does the senate bill benefit the middle class now and in the future? hi, arthel. it s good to be here today. yes it actually does very much. when you look at where the benefits of the bill go and you look at every bracket that every income bracket you see significant relief in every one of the brackets. the thing that s really important to remember when you think about the tax code is that the top 1% of taxpayers in the united states pay 40% of all federal income taxes, the top 50 % of all of income pay the 97% of all federal taxes in the country and so when you look at absolute dollar amounts you re always going to have the higher income people getting higher dollar amounts in terms of tax

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