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FOXNEWSW Your World With Neil Cavuto February 23, 2017 21:00:00

Sean spicer, would the president be okay with a package with a time line in which the tax cuts would be enacted and people would feel it in 2018 and not 2017. A bit of ambiguity. Heres spicer. Theres two issues. Fiscal year 17 and calendar year 17. For tax purposes, its calendar year 2017 that theyre probably most concerned with. The president as we work with congress will have those details to be able to flush out. Something that they have to work can congress on. President trump dropped news on this whole conversation just moments ago telling reuters in an interview, speaking about the border adjustment tax, which is a big question in this. The president said, and im quoting from reuters here, it could lead to a lot more jobs in the United States. As that article dropped, spicer talked up the merits of it saying it benefits workers, americans and the economy. Nothing from the white house yesterday, but certainly it appears theyre ....

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Detailed text transcripts for TV channel - FOXNEWS - 20170223:21:11:00

it comes in in huge amounts. we had an enormous time. if you look at the value of wealth, the wealth in america during the regan era, enormous prosperity. that s what you want. they don t have to spend it all but it s fun spending money when you get richer, isn t it? neil: a lot of people look at the reagan years and saying this is an opportunity you don t want to miss to address our debt and to get the growth going so we can start chipping away at it. part of the establishment that always a bad word these days, but the sentiment being that they have to be revenue neutral. you said that s it s not revenue neutral. neil: explain that. they re looking at these phony types of tax increases that will hurt the economy and cause revenues to fall. you want to do the tax cuts. they will be revenue positive because frankly, if you cut that corporate rate from 35 to 15% as the president has promised, ....

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