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Detailed text transcripts for TV channel - MSNBC - 20170928:02:13:00

And trump position is supported by 16%. and then keep them about the same is 25% proposition. and so, this begins as an unpopular legislative crusade based on what s actually in this. well, when people realize when s happening to individual tax rates they will go crazy. instead of 10% and then 15%, it s going to be 12% and then more than double to 25%. i m sorry. this is a middle class tax cut? they didn t give us numbers on where they apply but saying $24,000 of income for a married couple, you won t pay tax on it. you won t pay any on 19,000 and not much of a shift. this is, lawrence, absolutely a massive giveaway program for donald trump and had it been in effect the year i got the tax return for, 2005, it would be an 85% reduction in donald trump s taxes. and, bruce, the last time ....

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Detailed text transcripts for TV channel - MSNBC - 20170928:05:13:00

Tax rates they will go crazy. instead of 10% and then 15%, it s going to be 12% and then more than double to 25%. i m sorry. this is a middle class tax cut? they didn t give us numbers on where they apply but saying $24,000 of income for a married couple, you won t pay tax on it. you won t pay any on 19,000 and not much of a shift. this is, lawrence, absolutely a massive giveaway program for donald trump and had it been in effect the year i got the tax return for, 2005, it would be an 85% reduction in donald trump s taxes. and, bruce, the last time republicans did this kind of massive tax cuts, president george w. bush actually took the bottom tax bracket down and it was 15% and he took it down to 10% which was politically a brilliant stroke because it helped what they call the distribution chart who benefits by how much over the income ranges. to see the bottom tax bracket ....

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