The amount of money you could put in your 401k tax deffered. That s no longer the plan. There was a plan to prohibit you from deducting what you pay in taxes to california. From your federal taxes. That s mostly gone. There is a new cap on how much you can deduct on property taxes. What does change. Under the new plan. Interest on Student Loans is no longer deductable. The amount new homeowners can deduct in mortgage interest is cut in half. That s bad news in the bay area. Which has expensive homes. The amount of new money in mortgages has been cut in half. Thats bad news in the bay area. Which has expensive homes. And while none of this is law yet, the mortgage changes will be retroactive to today. These help for big Corporate Tax cuts and republicans say big Corporate Tax cuts are good for you because those companies will pay you more. Take a listen. With this bill, we will grow our economy by delivering more jabs, bigger taxes, and bigger pay cut to americans with all walks of life
Radar with news of the arrest in benicia. Still neighbors are taking precautions to protect their property. These pictures were taken saturday morning at 2 00 a. M. And the flames were like, i would say somewhere 30 to 40 feet. And i think it was totally engulfed in flames. It looks like some type was used. The car going up in flames on the same night just one hour earlier when the fire officials made this stunning announcement. We have made an arrest in the series of vehicle fires occurring throughout Contra Costa County. A 36yearold man was located in a residential area of benicia this morning. That suspect was booked on 43counts of arson. He was arrested 1 00 a. M. In the morning as greg watched the torched car go up in his neighborhood with obvious concerns. I was thinking of the car catching on fire. And it was big. Other neighbors also witnessed the flames. My wife heard boom outside, which could come out their front door and thats probably not a good idea to look out window. I s
Have thought about it over 12 years, keep your doors open but growing up its hard to leave. Hard. For locals its typical to say goodbye but if you grew up here theres a point where become expensive where you cannot afford to be here. Families is a when we have kids, maybe one parent wants to stay home or you want a yard or pool, they are easier to get an iowa than california. I have a brother there. Everyones leaving calvin hes fed up. See you later. 4000 squarefoot house, 200,000 its not that bad but you get more for your money. In a special report, he grew up here, a native, coming up 9 40. Starting with a sad story two people in the hospital after they were shot driving on 880 in hayward last night. Ktvus alex savidge reports chp is investigating but they do not have much to work with for chp is trying to figure out what prompted the shooting lesson i reporter at this point investigate his do not believe this was a random attack we can show you all lanes of 880 in hayward have reope
Available we are ready to roll out the project. A message to the shooters on the freeways, the reign of terror is over. Reporter there are the way cameras in san pablo and pittsburg and we asked where the other cameras to be installed, 15 hotspots have been identified but not saying beyond that. We will keep the gang members guessing where the technology is. Reporter the state has promised to fund a system of cameras, license plate readers and gunshot detectors at a cost of 1. 5 million. Innocent lives of been lost and we over to our residents to minimize the damage and the threat to the drivers and local residents. Our residents in Contra Costa County can travel in a safer mode with the camera system. Reporter at that News Conference in martinez they warn that the cameras alone will not address the violence on the freeways. Freeway shootings will continue, and we have to address the issue that cameras by themselves will not address the issues. This is part of a larger plan to address
Ambassador. It happened during the president s meeting with the russian leaders at the white house. The post says the information disclosed by the president to the russians jeopardized a critical source of intelligence on the Islamic State. The post also said senior white house officials took steps to contain the damage from the intelligence release placing calls to the cia and National Security agency. It must be noted it is not illegal for the president to release intelligence and does he have the authoritytown classify such information. But there could we political and diplomatic consequences from all this. Were going to talk to a legal expert to learn more. Now to the cameras that will be installed along two freeways in Contra Costa County. Our Crime Reporter henry lee first told you last week about the state funding for this project. He joins us live from hercules about learning more. Henry. Reporter heather and ken, we heard from local and state officials at a News Conference tha