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expressed. on the other hand, getting rid of the electoral college would mean that this country is basically run by three states. so it would mean gavin newsom and bill de blasio would be some of the most important political figures and everybody else could go suck an egg. do you really want to disenfranchise the weakest, poorest people in the country, rural america, at a time like this? why would you do that? both new york and california have recently had republican governors. esso to suggest that a republicn coded putter those estates is not really looking at the fact as they stand. the third largest aid, the second-largest date is texas, which always elects republican governors. look, we have three states that are actually economic engines and the population centers of this country whose wells are not necessarily demonstrated in the electoral college he college and in the united states senate, which needs reform, too. it s absurd to me that california has the same boat in the sena
will there be some revision in the tax code. the question is how much does it bite into the deficit. is the administration willing to see the shepard: it s the freedom caucus. exactly. within the republican party. are they willing to begin to address entitlements, which is the big ticket item in washington to bring those costs down such that they can afford to fund a tax cut. a thing to watch is, they re looking for a billion dollars to do 62 miles of this border wall. and these border states, they re not for it. every time you re intoing to spend money on the infrastructure plan, which has a lot of people saying this is the right way to go, republicans and democrats. rebuild american highways and bridges. they re saying that will cost money. where are we going to find money and money to fund a tax code? maybe mexico. it will be tricky. shepard: ahead, ford motor company is announcing they re
on something that doesn t bring in a victory for the administration. they re turning to taxes. the white house says, look, we re going to be driving this train. that s the language that they re using. michael bender, our washington reporter has a story on this. the question is the white house going to be driving it or are they going to work closely with congress. kevin brady, the head of the house ways and means committee said look, we hope the white house works with us. ryan has a plan. the republicans have a plan. we need the white house to work in concert with what is already going on in the house of representatives. the suggestion is that they ll reach across political lines to get democrats on board with some of this. what would be a democrat s incentive to work with this administration? a lot of democrats that think that the corporate tax code, the individual tax code needs reform. needs to be fixed. there s some conservative democrats that they could appeal to. it s tricky.
now on the fact that our tax system is broken. needs reform. here s. here s a sampling of the plans. jeb bush reduced the income tax brackets to three with the top rate of 28% instead of 39.6. he would cap capital gains tacks at 20% and cut to top corporate tax rid from 35 to 20%. marco rubio wants two personal tax brackets, no capital gains taxes and his corporate tax rate would be 25%. for trump, three brackets and a 20% top rate, capital gains darked at 20% and he want s a 15 s top corporate catastrophe rate. the tax foundation estimates they d adds a little as 1.6 trillion more to the
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