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Detailed text transcripts for TV channel - FOXNEWS - 20170427:08:11:00

bill and text, it is something that is well thought out, and something that the american people will universally or as much as you can get to universal praise will be happy about it. bret: obviously this doesn t have all the details, it is bullet points and goals. but looking even at this, how do you avoid busting the budget? how do you avoid the fact that it has to be revenue neutral? how do you make it revenue neutral, looking at these numbers? dynamic scoring, you wants to hope for great growth, three, four, who knows how far you can go on growth. the point is to bring jobs back immediately, put more money in people s pockets, so they re spending it in other places. make a simplified tax form for people to fill out. when people are looking at those rates, going fen or eight to something like zero, ten, 25, 35, people can look at that, and i think it makes a lot of sense. and then you take the business rate, you go from 35%, one of the highest tax countries in the world, and pres

Detailed text transcripts for TV channel - FOXNEWS - 20170427:08:44:00

whenever you do that, as we did in 86, over the next three decades, the barnicles accumulate with the new deductions and you ve got to clean it away. if you can do that, if this tax reform can do that, that will be a triumph. bret: this is what simpson boles tried do, and the commission set up by barack obama, to incorporate not own entitlement reform but tax reform altogether. and they had a consensus, republicans and democrats. they just didn t have the administration. i mean, if this president reached out to simpson boles and said let s do the big thing, that would be changing. it would, and actually, going back to the point about the 100 days, the other big point is that the number one job that president trump was elected to do, i think we all agree, get the economy moving. more jobs. higher incomes. those are the real force behind his campaign and his election.

Detailed text transcripts for TV channel - FOXNEWS - 20170427:08:39:00

and the estate tax. also known as the death tax and the 3.8% tax on investment income, that was imposed by obama care. here is what democrats said today. if the president s plan is to give a massive tax break to the very wealthy in this country, a plan that will mostly benefit people and businesses like president trump s, that won t pass muster with we democrats. bret: there is where we begin. steve hill tonl, formthilton, a columnist, charles krauthammer. welcome back, steve. first before i get you on tax reform, your thoughts on 100 days, we re obsessed about it, but just your thoughts about president trump and this environment. i think that it is clearly a mixed picture. to put it mildly. i think that in my view, he

Detailed text transcripts for TV channel - FOXNEWS - 20170427:08:20:00

be tempts to punch holes in it again. that s the way it has always been. that s the challenge. and you know, when it ended up passing, it passed pretty strongly. so they ve got a chance here. there will be a big argument where it is revenue neutral. there will be a big argument, as there always is, when you cut tax rates, that it is a tax cut for the rich. that s a function of the math, bret. the people who pay most of the taxes are going to benefit when they re cut more than the people who pay little or no taxes. that s just the way life works. but it is a very tempting argument, and one that the democrats are using already. you could hear chuck shochumer today. bret: thank you. we ll be bringing you a five-part series on trump s first 100 days in office. the 5:00 hour of the two-hour special report, but they ll be va available on the special report

Detailed text transcripts for TV channel - FOXNEWS - 20170427:08:26:00

monument. it came overheated objections over the utah legislation, and the entire congressional delegation. my constituents depend on the land resources have been on the mer without of touch bureaucrats who have little knowledge or personal connection to the land. reporter: after consulting with hatch and other opponents, president trump today also acted unilaterally to undo what his predecessor did. it should never have happened. that s why today, i m signing this order, and directing secretary zinke to end these abuses and return control to the people. reporter: today s executive order directs the interior department to review any monument that is over 100,000 acres in size, over 40 meet that criteria. environmental groups are threatening a fight. we re waiting to see what the president or congress decides to do. if they in fact attempted to

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