Peterson on Tax Rates: Republicans Are ‘Looking for Money’ to Fulfill Some of the Promises Trump Made on the Campaign Trail

RUSH TRANSCRIPT GIGOT Space ░░░░░░░░ house and Senate continue ░░░░░░░░ negotiate the details of ░░░░░░░░ President Trump causes a ░░░░░░░░ beautiful bill some Republicans ░░░░░░░░ floating the idea of ░░░░░░░░ corporate and individual income ░░░░░░░░ rates as part of ░░░░░░░░ final package is lawmakers ░░░░░░░░ to finance President Trump ░░░░░░░░ attacks and priorities including ░░░░░░░░ taxes on tips overtime ░░░░░░░░ into Social Security benefits ░░░░░░░░ are back with Jason ░░░░░░░░ Mary agreed it was ░░░░░░░░ journal editorial board member ░░░░░░░░ Peterson So Kyle the ░░░░░░░░ bill is supposed to ░░░░░░░░ a progrowth bill I ░░░░░░░░ the results showed in ░░░░░░░░ first term Why are ░░░░░░░░ Republicans thinking about raising ░░░░░░░░ rates PETERSON They are ░░░░░░░░ for money and revenue ░░░░░░░░ fulfill some of the ░░░░░░░░ the many promises President ░░░░░░░░ made on the campaign ░░░░░░░░ for including no taxes ░░░░░░░░ tips Note taxes and ░░░░░░░░ Security income And leastleast ░░░░░░░░ dest way low rates ░░░░░░░░ the broader tax base ░░░░░░░░ these loopholes and carveouts ░░░░░░░░ are easily gained and ░░░░░░░░ street loves the lobbyists ░░░░░░░░ lawyers love it The ░░░░░░░░ here 2017 tax or ░░░░░░░░ is a big step ░░░░░░░░ that direction Republicans are ░░░░░░░░ at risk of going ░░░░░░░░ opposite way of adding ░░░░░░░░ the carveouts for tips ░░░░░░░░ we will all be ░░░░░░░░ employees before too long.”