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May 8, 2017
Costs wont just hurt workers, but businesses, as well. warren butch at the time said th buffett said that the new tax cut will be a boon to the rich like him.at the time said buffett said that the new tax cut will be a boon to the rich like him. and he says health care not taxes is the biggest threat to business growth. >> medical costs are the tapeworm of economic -- american economic competitiveness. >> he was speaking to the annual convention of all of his investors. and a tapeworm of america...
May 4, 2017
Something else that actually changes is the subsidies under the affordable care act get translated into tax credits. and then theres one other big component as well and that is the that the taxes that were created to finance the affordable care act, well they end up getting repealed and many critics of the house republican legislation see this is a big tax boon for the wealthiest of americans. heres one thing that actually stays and that is, children are allowed to stay on to their parents healt...
April 30, 2017
Examining the fact that were not winning in afghanistan, that were going to need more troops there, that as you mentioned earlier, 16 years and were losing or certainly not winning. and there are measures that he is listening to these outstanding military leaders and taking their advice. and again, we need a congress that will fund and authorize this kind of action because right now our military is in very bad shape. >> the tax plan, such as it was, that the president put out there, about half a...
April 29, 2017
Late night comedians have been having a field day with president trumps first 100 days. who better to comment on this than kamau bell, host of cnns ""united shades of america."" >> thats right. >> do not get me in trouble this time, all right? >> im here for you, don. im here for you. >> i cant wait to talk to you about the new season of your show, but lets talk a little politics first. the first 100 days of this presidency have been a real boon for late-night comedians. lets listen and then wel...
April 29, 2017
Exactly what he has proposed. the 15% maximum tax rate on small business, the returns, extremely important from 35% top rate to 15% top rate for people creating jobs and creating the business environment of america. give it to them. get that done. the president is telling the republican party this is it, this is base line. get the tax-cut for small business and anybody else get that tax-cut. heather: it is a boon to the rich, you got to pay for these tax cuts. where do you stand on paying for th...
April 28, 2017
Here and good because this would have been terrible for the country and the american workers. >> the reason i want to talk to you about this is i remember actually barack obama and hillary clinton both promised to renegotiate nafta or said they were going to renegotiate nafta in 2008. youve got the situation where if you poll americans on these trade deals, theyre quite skeptical of them. theres also good macro economic data to show they have had an affect in rising inequality, which is not to s...
April 28, 2017
Hemispherically. north america from a creativity perspective, from an innovation perspective, this is the most competitive region in the world. >> right. >> and i think that donald trump is bumping up against reality here and good because this would have been terrible for the country and the american workers. >> the reason i want to talk to you about this is i remember actually barack obama and hillary clinton both promised to renegotiate nafta or said they were going to renegotiate nafta in 200...
April 27, 2017
Rates competitive, bring back trillions of dollars to create jobs, simplify personal taxes, create a middle income tax cut. so those core principles are nonnegotiable. and that is something that we all feel strongly about. >> they are promising tax cuts for everyone, but from the details we do have, the list could be a big boon to the wealthiest americans, possibly even president trump himself because elimination wants to eliminate many that hit the wealthy, such as estate tax. repeal a tax on t...
April 27, 2017
Based on what we know, will he benefit? >> with the limited information we have, it looks like a boon for him. and other wealthy americans like him. three main reasons for that. one, its going to eliminate the alternative minimum tax, designed to make sure the wealthy pay their fair share. its going to lower the tax rate for the kind of business he owns specifically. this is not the corporate tax rate but specific to the kind of business he owns. its going to eliminate the estate tax. on the min...
April 27, 2017
The president because he doesnt release his tax returns but based on what we do know, will he benefit from his proposal? >> with the limited information we have it looks like a boon for him and other americans like him. the main reasons for that it will eliminate the minute tax, which is designed to make sure the wealthy pay their fair share, and number two it is designed to help the kind of businesses he owns especially, this is specific to the kind of businesses he owns and third it will elimi...