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Detailed text transcripts for TV channel - MSNBC - 20170928:15:40:00

for the year in which the tax reform is enacted. and it s certainly true that corporations have a lot of cash right now. and it s certainly true that borrowing conditions are good right now for corporations. and profitability is very good for corporations. that s not necessarily going to be true over the next 20 or 30 years. it s been since 1986 since we did the last tax reform. and we ve and that s accrued to our benefit over the last several decades. but you are living to establish a tax framework that helps businesses over the coming decade. and focus on whetherhere are currently a lot of earnings on the sidelines thisear i missing the point. in the coming decades, we have to examine the type of business that s growing. and it s automation. it s technology. we re not going to lower taxes and suddenly start manufacturing more. for example, there is no industry in the united states that manufactures clothing anymore. and i m not saying you should or shouldn t have a bo

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