xfinity. the future of awesome. of all the frustrating things about our tax system. nothing seems more unamerican than the irs s inable to close down a business or bankrupt individuals before they ve been convicted of a crime. it turns the principle of innocent until proven guilty on its head. a military veteran is waiting to get $60,000 back. e-mack, should ending the irs s power of confiscation of fund be a part of tax reform? yes, because the irs oversight of this has not been so state of the art. that small business guy lost his wife and went bankrupt in the midst of this whole thing. it s a really bad practice to take money on just suspicion. they took $17 million just over
there is a middle-class break here. the president is expanding the size of zero bracket where nobody pays income taxes. they are all correct. even jfk saw too and saw revenues pouring in. back in that time, ted kennedy voted for reagan tax cuts, bill bradley worked on the reagan tax cuts, i m not sure what happened to the democrat party that they don t get it that the little guy, the small business guy reports their income on federal government return, 90% of u.s. business is on the individual income tax. it s true that jfk was a big tax cutter, wasn t he? what happened to the republicans, the idea that we would be adding brackets is worrisome to me.
congressman, this idea of removing the deduction for state local taxes, which depending on the math could shave $1.5 trillion over ten years. you d need a couple trillion more to justify it if you re in the camp that says pay for tax cuts. what other ideas do you have? what we ll end up doing on this, the more aggressive we are on the tax cuts and mentioned and revenue neutral and certainly the dynamic scoring is what you were talking about, that dynamic scoring is important because it s what happens for biscuiusiness cuts. i was a small business guy. when you allow me to invest more, it produces not only the effect on my employees but on everything that they buy and purchase. so what we re probably going to be looking at is a short term increase in the deficit for
as a small business guy, you know, capping that small business rate at 25%, you know, it s a huge thing. you and i understand what it means to be a pass-through but it means that you re going to be able to invest more in small businesses. so as we look at all of those, putting those together, i can tell you some of the details that have been shared that perhaps are still negotiating. for example, on repatriation. i was a big one that thinks that we need to bifurcate that. we have one rate for cash, one for as sets. that will happen. as we look at those two rates i don t see anything in this at this point to get all worried about. just the opposite. i think we re going to grow our economy at a 3 point gdp growth or better. we have to get busy and deliver. mark meadows, the man that runs the freedom caucus.
$16 a cubic ton. the guys doing the hauling, the local truckers got $9. so we almost doubled the price as opposed to being more efficient but the government don t deal with the small business guy. if that had happened in new orleans, a lot of people would have been able to restock their personal businesses but the fact they that they were working as subjects to these big companies that get the contract who basically got these high-rise apartments and the local people don t get to participate and get better as a result of that. they go to work for the big companies. we thought after katrina that would change, but they re back again, and they re going give it to a fortune 500 company who will take the profits off the top. general russel honore, great to have you here as always. chemical plant. yeah. we ll talk about that next. also, when we come back, a little boy who was rescued by boat from his flooded home has one wish, to thank the hero who