We're going to give you certainty. We're going to make the tax reform in 17 permanent reset the investment tax credit and the R and D tax credit. No tax on tips, overtime or Social Security. So all these things are really helpful. Our friend John Murphy, bank of America, Merrill lynch put a report out this week that talked about labor cost differential between the US and other low cost nations, low availability of labor was one of his concerns. (12:20–12:23)
CLAIM
Asserts that there will be no tax on tips, overtime, or Social Security.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
