wide rear wheels. i got to age of 50, 55. i couldn t handle the thing if i longer. i realized i was too old to handle it but i sold it. it was a rocket. it was a rocket. neil: did you pay full price at the time? stuart: i will not answer. neil: i have my geritol, out. they re trying to carry on with tax cuts, right? treich to make a pitch across the board. speaker paul ryan trying to do it this year. there are a lot of obstacles. they feel, given roll out of days which committee will do what and when, they can get this done. it has been something echoed by top officials on this network, fox news, repeatedly. take a look. might be somewhere in tow 20s. that is the closest the math makes sense. no. we re driving straight to 20. that is why the number is there. it is significant. for both smallest business in america and the largest corporation, almost a 40% cut in the rate so they can compete and win. we think this tax plan will cut down the deficits by a trillion dollars.
have that fourth bracket designed to make sure we don t have a big drop in income tax rates for high income people. neil: the president with maria bartiroma had a different take on the same subject. when paul mentions one more category which i would rather not have, he is playing on what he said, the middle-class is not being properly taken care of. neil: whether you need that bracket to show concern about this, that you are going to rain it in for the very wealthy. right now the top rate is being reduced from 39.6% to 39 the understanding being some of those would be ensnared at a higher rate, not necessarily bring it up, something in between. hard to tell but sort of a moving battle. adam shapiro with more on this. keep in mind next week we expect the conference committee to come out with the budget resolution and both chambers will adopt what comes out of that. we expect to see details of tax reform as early as the week of october 30th though kevin brady is not saying
not going to pursue prosecution, extended prosecution of the clintons, hillary clinton, bill clinton, maybe the clinton foundation. then there was some discussion with the new york times. is it a little foggy. will he or you or the administration pursue a special prosecutor to prosecute the clintons? well, look, first of all, we don t know where all the the evidence is going to lead but what president-elect trump was saying was that he would rather look forward instead of backwards. his eyes right now are looking through the windshield, not the rearview mirror. that was the point he was making in that he is not going to spend his time sitting around thinking about how he is going to prosecute hillary clinton. he is going to think about the future of america for all americans out there. that s where his focus is and what he is saying. if something comes around that is some kind of bomb we don t know about, we will have to take a look at it. he is looking forward to leading
not going to pursue prosecution, extended prosecution of the clintons, hillary clinton, bill clinton, maybe the clinton foundation. then there was some discussion with the new york times. is it a little foggy. will he or you or the administration pursue a special prosecutor to prosecute the clintons? well, look, first of all, we don t know where all the the evidence is going to lead but what president-elect trump was saying was that he would rather look forward instead of backwards. his eyes right now are looking through the windshield, not the rearview mirror. that was the point he was making in that he is not going to spend his time sitting around thinking about how he is going to prosecute hillary clinton. he is going to think about the future of america for all americans out there. that s where his focus is and what he is saying. if something comes around that is some kind of bomb we don t know about, we will have to take a look at it. he is looking forward to leading
you know, clinton has been pushing this thinking that the wealthy should pay for. those are part of her proposals. indeed with her tax returns it shows just that. clinton paid an effective federal rate of 34.2%. state, local income rate of 9%. add up you get 43.2. the clintons donated 9.8% of their adjusted gross income to charity. they re trying to push this number, campaign, since 2007, the clintons have paid $44 million, $44 million in federal income taxes and also in that time frame, some $15 million that they have donated to charity. with it, hillary clinton has also put out a statement, which reads, and i am quoting here. families like mine that reap rewards from our economy have a responsibility to pay our fair share. and it is not just the right thing to do. it is also good for growth. so we had hillary clinton yesterday, in the detroit area, once again lay out her tax plan which she talked about the wealthy need to pay their fair share, buffett rule. if you make mi