will he do that? he s been on the road. i plan to visit with him next week when he returns. we are working on tax reform 2.0. i know you are. i would like to ask you about that. i asked him if we ll see another tax cut plan. this is what we told me. does the economy need more stimulus. we will do another phrase two. probably in october maybe sooner. it will be a middle-class stimulus. the rest of it would go to the middle-class. are you considering bringing the corporate rate from 21% to 20%. we are working on those issues. this was about changing the
motivated to vote for democrats against president donald trump in the midterm elections, i don t know what another rally in the city is going to do for you. but those voters who are sort of on the fence in the swing districts, who might have been saying we really can t have any more of these republicans after the family separation policy, now they are back on the fence again. and it s interesting, listen to john lewis here, veteran of the civil rights movement, leading liberal in the congress. democrats understand there s a supreme court coming up and republicans like tax cut plan. suddenly all of this talk of democratic advantages and john lewis thinking this year maybe immigration works for the dems. it s time for some of necessary trouble turn america upside down to stand rightside up. but again back to the i.c.e question, this quote from a
tariff for dairy. that s not fair. when would you expect your most significant deal? well, i already pretty much finished the deal with south korea. it was a terrible deal. remember, it was going to produce 200,000 jobs and they were right, for south korea, not for us. that was a hilary clinton special. that s done. nafta i could start it tomorrow, but i m not happy with it. i want to make it more fair. okay. you can t do nafta before the midterms. i want to wait till after the election. you are going to have an election. it is going to be very interesting. i have a feeling it is and the reason is because if they are not fine, i will tax their cars coming into america. that s the big one. the cars are the big one. we could talk steel, we could talk everything. the big thing is the cars. a major lobbying group for the auto industry says that your administration s threatened 25% tariff on all imported vehicles will amount to 45 billion dollars in taxes on consumers and wipe o
to, where does this money come from, how do we pay for it. there s many economists that say, listen, if you give american consumers more money, that ultimately helps our economy. consumer spending 2/3s of our gdp. it s the engine of our economy for sure. one thing to note as well, even with the tax cut plan that was passed in december, just as far as the markets, if you use stocks as a report card, we re closing up the first half and that is even with the volatility, the added uncertainty or trade tiff, if you d like. neil: the nasdaq up 9%. the s&p better than 2%. john layfield, not a bad follow up to last year s sizzling markets. i wonder what you re looking at for the next half of the year. i think the markets will be up 7 to 8% barring a trade war. the earnings expected to be up
and they ve started that process, going to be one of the biggest in the world. they also repealed in our tax cut plan, repealed the unpopular thing i ve seen in a long time or legislation, the individual mandate on obama. the individual mandates, how about that one? is not a very good one. that s when you have the privilege of getting to pay a fortune in order to not pay did not have bad health care, about that. in other words, you pay a lot of money not to have health care so it s not working too good. that s a big thing. we ve got no credit, but that s okay. that s okay. i ve had some people come up to me and say they like that is much as the tax cuts.