Detailed text transcripts for TV channel - FOXNEWS - 2017122

Detailed text transcripts for TV channel - FOXNEWS - 20171220:05:05:00

>> tucker: the average family in your state gets 1600 extra bucks a year. >> that's not counting the growth in our economy. >> tucker: that's kind of hard to project. >> it's hard to project. >> tucker: but 14% corporate tax cut, people look at this and say, well, gee, you know, dow is at record highs, do companies which are posting record profits really need this tax cut? >> absolutely. the reason they are posting record profits is because of the expectation that the tax reform would happen. if you look what happened under the obama administration, our growth stagnated. we did not seat stock market doing well. i think the status quo we have proven is unacceptable. that's why this tax package is necessary. you not only need to cut rates for individuals, but get companies coming back to this country. get them hiring folks. putting them into higherth paying jobs.g that's what is going to turn it around. >> tucker: the carrieded interest loophole, a small a thing by the numbers. but it is symbolically powerful. the president ran on it again and again, drain the swamp by getting rid of this

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