having that coverage, that quality, but also deal with the costs. let me ask you, congressman, nobody disagrees with the idea that obamacare needs at the very least some major changes and tweaks. but the idea of people who now have medicaid through the medicaid expansion, being taken off that, what happens to them? can you repeal obamacare without a replacement right there and ready to go? what you will do is approach as a phase in, phase out. and that way you won t have people falling through the gap. the goal is to make certain that everyone has access to affordable health care. and then as you phase out, let s say the insurance component, title i of the obamacare bill and set that up to phase out. you get rid of the mandate. you get rid of the exsize tax. you allow portable and pass my
three-year phase-in and start at 0 for manufacturing and get it up to 20. you re going to see an enormous investment of capital and equipment and you re going to have problems finding folks to be able to work in manufacturing, that s how many jobs we re going to create. the answer is, we re going to lower and flatten taxes, put government on a budget, a 10% across the board time is up, senator. we ve got a lot of plans. governor, just to bring you back into this, you said that you would be okay with what is effectively raising taxes on a hedge fund manager as part of a tax reform plan. would you also be for doing away with people s deductions for their mortgage interest? no, i would not. i would keep that deduction. i would lower the rates dramatically. yes, that route would pay more but everybody else is going to pay less. i would keep the home mortgage deduction, the charitable deduction and others. by the way, i agree with rick on manufacturing but my approach is different
and on corporations. we eliminate all the deductions, special interest provisions and corporations. we deal with the carried interest issue because everybody pays the same 20%. there s no advantage as to how you take your income. that will create growth. we re going to allow expensing for corporations. for manufacturing, again, i pledge when i announced that i was going to run for president on a factory floor that i would make america the number one manufacturer in the world. why? because we need to put americans back to work. hardworking americans are not doing well in this economy. people from all skill levels are going to be able to work. we put a 20% rate on corporations. we re competitive with every country in the world. we allow for expensing, a three-year phase-in and start at 0 for manufacturing and get it up to 20. you re going to see an enormous investment of capital and equipment and you re going to have problems finding folks to be able to work in manufacturing, that s how
america for allowing me to contribute to the public debate in this country. jenna: it s nice to have your knowledge and your background, and i wanted our viewers to kind of understand what it actually takes to be an open critic of the regime while also being a native iranian. ali, it s great to have you on the program. news out of the deal we ll certainly see what that says and what the results are. thank you so much. look forward to having you back. thank you. jon: and how much we hear about the deal from the sound of things. mcdonald s is growing a growing list of corporate giants announcing plans to raise wages for 90,000 workers as one big city s new minimum wage law gets phased in. dan springer is live in seattle with more on that. reporter: hey jon. seattle s minimum wage is on its way up to $15 the 450euest in the nation highest in the nation. yesterday the phase-in began. there s an interesting twist, while private companies have no choice, it turns out public
discriminatory seattle minimum wage plan, since they would need to implement the new minimum wage within three years. a business group called forward seattle said it will file a charter amendment that would overturn the new minimum wage and replace it with a five-year phase-in of $12.50 an hour. and a group called 15 now is working to gather enough signatures for a charter amendment that would raise the minimum wage on big businesses by january 1st and give small businesses a three-year phase-in. so the new seattle minimum wage law is law, but it s clearly far from settled. at the table, perry bacon jr., nbc news senior political reporter, margie omero, richard kim, amy goodman, host and executive producer at democracynow.com and joining me from seattle, washington, ishama, a seattle city council member who voted for the $15 minimum wage hike and is a member of socialist alternative, a community activist group