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Remember this when somebody says that corporations need a bigger tax cut than you do. there s many reasons that american companies are not competitive. tax rates are one of them. mike kelly is a republican. he represents pennsylvania. thanks for coming on. thank you, tucker. tucker: i was talking to somebody in any neighborhood. a dentist. voted for trump. conservative. he said under this tax plan, i would get a tax increase as a dentist. and all these left-wing companies like apple and yahoo would get tax decreases. why would i support this? i thought it was a fair question. it is a fair question. i don t know the details on that with the dentist but i know this. everybody in america will get a tax advantage. they ll have actually pay lower taxes. i would like to talk to the dentist and see how he figured that. tucker: standard deductions. he s above the threshold. he s not a rich guy but he s a ....
Remember this when somebody tells you that corporations need a bigger tax cut then you do. there are many reasons that american companies may not be competitive in world markets. tax rates are one of them. myy kelly is a republican, representing pennsylvania, thank you for coming on. i was talking to some of my neighbors yesterday, and a dentist who voted for trump, conservative, he said under this tax plan i would get a tax increase as a dentist, and all of these left-wing companies like apple and yahoo were to get tax decreases, why would i support this? i thought that was a fair question. it is a fair question. i do not know the details with a dentist, but i do know this, we have seen that everybody in america is going to get a tax advantage. they will pay lower taxes, so i would like to talk to the dentist and figure out how he figured it out. tucker: he did the deductions, he is not a rich guy, he is a dentist, but above ....
Enhancements of about $4 trillion in order to meet the difference. so that means that the overall joy of having 5.5 trillion in tax decreases is going to be slowed down a little bit with the fact that we will see a revenue increase, which means some changes in deductions and so forth totalling $4 trillion for a $1.5 net loss in terms of revenue. that s what s within the budget. that s why some members have expressed concern with the pain that goes with the $4 trillion and revenue enhancements will be too tough for some of our members to swallow and makes it more difficult to get 50 votes plus the vice president and the chair to pass it in the house. shepard: you think you can get any democratic votes? if we get to 50, the answer is yes. if we don t get to 50, they re going to let us stew in our own juices. then it s possible that we ll end up with 53, 54 votes. but we have to get to 50 on our ....
So today an american made product is at a tax disadvantage here in america or abroad. we maxed them going head up. not only pro growth, but it eliminates tax reasons to move jobs out of america. so we know when we strengthen our made in america sales around the world, the dollar inevitably strengthens, imports become more affordable going forward. it tends to balance itself out. plus you now have instead of sub2% growth, 3% or 4% growth. at the end of the day, kpe teug always helps consumers. stronger economy always helps workers. dana: the market is reacting to something today. maybe it is hope and promise that tax reform would bring. let me ask you though, i feel like the president laid out last night several big tax decreases, tax cuts, and some big spending plans. are you comfortable if those numbers end up increasing the ....
Is destroying this country. but other than that they re great folks. we ll tell them you said that. do you think they want to deal with you and solve the fiscal crisis? only if they get a tax increase. don t talk to us about any kind of spending restraint, trying to save social security or medicare for future generations unless you re willing to increase taxes on the american taxpayerer it which from my standpoint is counter product. i have they can t get democrats to vote for it without that. and they can t get republicans to vote for that without tax decreases. we get back to what i was talking about. let s figure out what we agree on in. president s budget there s about $1.2 trillion of different types of mandatory spending cuts and other spending reductions. let s take a look at those. we actually would agree on spending reduction. talking about restraint. let s drill down on. you ve had these conversations, ....