money in their pocket and they will see it that early and he went on to say, you ll still be able most americans will be able to follow their taxes on the size of a postcard. and that is the postcard test that i referred to earlier. a lot of people, if you don t do a lot of deductions, you will be able to follow this postcard. it will be a little bigger than people thought. seven brackets versus the four, which was in the original house legislation, they went up to seven in the final version. they will still be a lot of people who itemize. there is some argument to be made that not everyone will get that benefit because they see the opportunity for shelters or write-offs open up the case may be and on one hand, they probably have simplified it, if you don t have write-offs or certain shelters, it s a problem if you do. it s a problem and the other direction. and so that might be a great selling point but if a lot of people don t feel they have simplified the code, they don t
neil: all right. if your tax cut is the kind that really is built on a higher just general exemption and write-offs so it doesn t factor charitables, deductions, are you going to be inclined to do any of that? the archbishop of washington is here with us. very good to have you. thank you. thank you. good to be with you. neil: so your concern is what? in this new tax environment. people might have less incentive to give to charity? i m not certain that there s going to be that type of impact. we just had this terrible experience of the hurricanes. the response, the response of people was extraordinary.
middle class americans pay more by the year 2027. that s not the only tax pledge that has been broken here. remember the promises of a simpler tax code. experts say both versions are incredibly complex. remember the promise the bill would pay for itself. the senate plan cost millions over the decade. congress itself estimates the bill only creates $408 billion in growth leaving about a trillion in deficits. still a lot of concern about middle class people who live in those high tax states who deduct a lot of state and local taxes still trying to work that out. teachers concerned about their write-offs, large institutions grad students, all of these important sectors. those numbers show you that it gets worse the longer it goes on, 2018, when there s a midterm election. they won t necessarily feel that. they put off the pain a couple of elections.
industries, too many different parts of the country that different things affect individual industries. lastly, what do you think about nancy pelosi s armageddon comment? no respect for the woman. understood. let s go to bernie. bean is a contractor, also a trump supporter. you re up on the air in tax reform. why? well, i ve heard a lot of different opinions on the republican side. i do appreciate it s going to help small business. i own one. we machine wood doors for cabinets, and so we can use some help there, you know? we can use some write-offs, those kinds of things. but when pelosi and others make comments that are very detrimental to the cause, i don t feel like they re serving the country. i feel like we really need the politicians in washington to try to help us instead of argue with each other all day. that would be really good. in the 15 seconds we have remaining, you say you think there are people dedicated to
trump campaign officials and white house advisers know about any contacts with the russians to impact the election? and david, those transition advisors mentioned in today s charges face the possibility of being called before a grand jury. and if they have already been interviewed, they better have told the truth. david? pierre thank you. we move on this friday evening to your money and taxes. president trump s tax plan at this hour, does the president have the vote? the republicans believe he does. tonight the bottom line for you. how will the middle class fair and what about writing off local and state taxes, property taxing? look at this map. these are the states where more than 30% of filers claim those state and local deductions. income taxes were taken out and so were property taxes. the wife- write-offs. but one of them put back in in a scramble and now with a limit and congress own joint committee finding the plan will add a trillion dollars to the deficit over ten years