we have former judd gregg of new hampshire. great piece, governor.own of the tax proposal since initiated back in april, mr. mnuchin came out with the idea. doesn't that seem like it to you as well? >> certainly on personal side that is absolutely true. i think the corporate side remains a strong piece of legislation, getting corporate rates down to 20% will have huge, positive impact on america and on creating jobs here and keeping jobs here and bringing jobs in from oversees. move to territorial system is important. the three major that occurred in my political career, reagan rostenkowski. two, was widen coates, top rate was 26% and simpson bowls where top rate was 25%. they all retained progressivity. david: senator, we actually have a full screen. we can put that up and show it. the reagan top rate was 28%. that was '86. then simpson-bowles which was a bipartisan proposal. mr. bowles is a democrat. their top rate was 25%. so 39% rate, virtually unchanged the top rate according to trump, right? >> which is a huge mistake in my opinion because what

. >> yes >> you guys got more political experience judd gregg, senator governor judd gregg, and senatorovernor evan bayh. welcome to both of you i'll start with you, judd, about tax reform something i've been hearing is there are certain things that will need to be done for this to pass muster in terms of all of the budgetary requirements there are sacred cows that will get killed once it's announced people will be lined up. these guys, republican politicians are going to be needing to be ready for an onslaught. the question is whether they can withstand it you can't do it unless some things that are dearly held go away >> you're right. i was there in '86 on the ways and means committee, i participated in writing and was a primary author of simpson bowles the only way to get tax reform and rates down is to step on toes you have to step on a lot of toes and pretty much step on them equally if you step on one toe excessively, they can claim they're being treated unfairly my view is the approach on this bill, getting the rates down on the individual side is not a good approach. because the

rose is the biggest paid for >> larry kudlow and senator judd gregg. >> thank you, i got news alert of harry weinstein, lets get over to hsue herrera. >> the movie mogul is stepping down the decision was made began at 1:00 p.m. eastern time and there is no comment at this point from the attorney of harvey weinstein. she says to nbc news, no comment. harvey weinstein has resigned according to a source of nbc news back to you. >>> thank you very much. we got so much more ahead including new information on why the most valuable private technology companies maybe worth a lot less than the market believes what a canadian aircraft company just did maybe bad news for boeing and netflix is making sure you are binging more >> we'll always wear the crown, right back after this. cme group. ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan