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Transcripts for MSNBC Morning Joe 20211026 11:34:00

things are sliektly separate tracks. not everything in this bill is going to be felt immediately. how do you make sure people make feel this? we are guilty as charge and trying to do the right thing for the country. . kps great. great. the policies matter and the debate you are seeing is policy conversations. what s going to be felt right away? teens of millions of families right now can t get the car fixed because how about home care, taking care of an elderly woman? there is going to be things immediately happen. you will see people get their state and local tax deduction back which is going to make a big difference.

Transcripts for MSNBC Katy Tur Reports 20210916 18:26:00

who say that a family making $400,000 a year, yes, it is a lot of money, but in a state like new york or new jersey, that doesn t go very far if you are compared it to other states like alabama and louisiana and lawmakers in the states who are saying that unless the president helps to push the state and local tax deduction back in, they don t have voters to get on board. and another thing is that elizabeth warren s wealth tax is not in there, and so they would not get to 28% which is what president biden initially wanted and if you can remember back to 2017, that is what the corporations were asking for. they wanted to get their rate lowered to 28%, and then president trump gave them the biggest kiss in the world, and dropped them down to 21%. so you need to see the corporations paying more in taxes, but this idea that the wealthy are going to pay more or the superwealthy, we are not seeing that. we are seeing the increased tax on the income and not the

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