Latest Breaking News On - Taxpayer ca tucker - Page 7 : comparemela.com

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:40:15

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:40:15
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.

Taxpayer ca tuckerVietnam warDrug odsStreet alternativesFreedom of informationBig pharmas lobbying effortsRhetorical question

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:08:00

tucker: judging by the equities market, corporations are making a lot of money. the problem is not corporate profit and you still have close to 100 million americans unemployed and the stagnant wages. why, if that hasn t worked previously, when it work now? the corporations that have lots of cash on hand and all that don t find it available valuable to invest in the future. they invest overseas, but once you bring that rate down to below we are number one highest tax rate. corporate tax rate. that means all these other countries are a tax haven for american companies and that s why there is so much moneyre abroad. this money will come back, they will create jobs here and hopefully if we get it low enough we can become for tax haven and their jobs will come here. it will be great, just the way it should be, just the way we did it in 1986, the president cut the highest rate from 46% to 34%.

Taxpayer ca tuckerHasn tEquities market100 millionYou andi don tTax rateTax havenMy own way

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:06:00

and local taxes and so on. everybody has taxes they would like to see cut. i think the constituency for it is still there. the constituency for the kind of tax cuts the president is selling, where you are reducing the rates, where you can point to people and say look ats this guy, he s got he s going to get millions in benefits. that s because he pay so much. we live in a country, after all, or 10% of the population, the richer 10%, pay about 70% of the taxes. it figures that when taxes are cut, they will benefit the most, because they pay the most. that is not a particularly good selling point to an ordinary taxpayer.ca tucker: no, but that is math. brit hume, thank you. you bet. tucker: one of the most worked in a breain famous economists in the world, he worked in the reagan administration during the last overhaul of the tax code. president trump just tweeted about him saying art just said

Taxpayer ca tuckerBrit humeYou betDonald trumpDrug enforcement administrationTax codeBreain famous economists

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:05:00

does this constituent or that constituent get in savings. tucker: do you think that ordinary republicans still believe that a rising tide lifts all boats? because certain boats you mean ordinary republican voters? tucker: ordinary republican voters who voted for trump, who was a departure in what he set on the campaign from the classic republican orthodoxy on economics. you ve got the sense that there were a lot of crossover voters who supported sanders andmo voted for trump. i wonder if the view among ordinary republicans is different from viewing washington on this. i think that by and large, broadly speaking, tax cuts tenda to be popular, even democratic voters would like to have their taxes cut. everybody wants their taxes cut and you consider the growth of the federal income tax over the years, most people think they pay too much, although as i pointed out earlier, a lot of people are paying very little in federal income taxes. they pay social security, state

Taxpayer ca tuckerTax cutsCrossover votersSanders andmoIncome taxIncome taxesSocial security

Detailed text transcripts for TV channel - FOXNEWS - 20171018:03:03:00

people in the zero bracket, you have fewer and fewer people actually paying taxes. that is to say, fewer and fewer people who stand to gain when taxes are cut, be because it is simply a mathematical truism that when you cut taxes, the people who benefit are the people who payat taxes. as the population shrinks, the constituency forced tax cuts shrinks with it. this is not such an easy deal. i would say, however, prevent momentum is provided byan a certain republican desperation to get something done because they failed so spectacularly on obamacare repeal. this is the other big-ticket legislative item and i think there s a widespread feeling in the republican caucus in both houses that they need to get this done. tucker: so the debate among republicans i think outside of the congress is, does this make good on the president s promises to his core constituency, the american middle class, during the campaign? will this, from what you can tell so far, benefit that group, middle-class am

Tax cutsTaxpayer ca tuckerObamacare repealTax cutKcore constituencyMiddle class