It looks at how much your asset appreciated and the fact that you can only pay tax on what remains. David you will pay a Capital Gains tax, but it will be inflationadjusted. The president says that will create a lot of jobs. Why would it . Laura economists dispute that point and say it does not do much for Economic Growth and incentivizes old investment, not new investment. In terms of the jobs and when economists model this out, it is mainly. 1 for the long run. David how does congress feel about this . Congress gets to decide about taxes. Is there support for this move at least by republicans on the hill . Laura there are some republicans that supported this. Ted cruz has been putting the Trump Administration to do this. This is not political really viable this is not politically viable in congress. You look at joe bidens tax plan, it would double the Capital Gains tax rate. The president saying he is seriously considering this. If he has the power, why doesnt he just do it . Laura i
First. It was too aggressive, it was too soon, and were paying for it not just in georgia, but were paying for it across the country x people are paying for it with their lives. But in georgia and nationwide, daily covid fatalities are nowhere near the spring pace. When it comes to closing schools, the doctors most responsible for saving the lyes of young people lives of young people represented by the American Academy of pediatrics are not for reimposing the lockdown. The docs understand that risks are relatively low, kids need education and also there are other Health Threats beyond covid. Economic shutdowns, high joblessness and personal isolation are not good for our health. Here in new york city where more than 60 people were hot over the july 4th holiday, even our leftist mayor bill de blasio seems to acknowledge the negative impact of our shuttered society. But we also saw too much violence this weekend, and its directly related to all that this location thats happened over thes
First. It was too aggressive, it was too soon, and were paying for it not just in georgia, but were paying for it across the country x people are paying for it with their lives. But in georgia and nationwide, daily covid fatalities are nowhere near the spring pace. When it comes to closing schools, the doctors most responsible for saving the lyes of young people lives of young people represented by the American Academy of pediatrics are not for reimposing the lockdown. The docs understand that risks are relatively low, kids need education and also there are other Health Threats beyond covid. Economic shutdowns, high joblessness and personal isolation are not good for our health. Here in new york city where more than 60 people were hot over the july 4th holiday, even our leftist mayor bill de blasio seems to acknowledge the negative impact of our shuttered society. But we also saw too much violence this weekend, and its directly related to all that this location thats happened over thes
One, in general. In general, i think when two companies are negotiating you are negotiating not just the amount of money that is going to change hands but also what youre going to get in exchange for the amount of money. That ask a fundamental way business works. To do you see at least to outsiders that would look like a structural conflict of interest . You are using your control over access to peoples living rooms essentially, youre using that in order to obtain leverage in terms of getting Creative Content that you want . Are you essentially converting power in one domain into power in another domain where it doesnt belong . I think what i should do is offer to get you information. I will get it to your office for you because im not, not familiar enough with this. I could imagine there would be scenarios, if were just talking abstract where it would be inappropriate and i can imagine scenarios where it would be very normal business and very appropriate. Good enough. I want to talk a
Facebook, netflix all turning positive we are up 3 4 sorry, 2 3 on s p. Another higher day, certainly off session highs. Coming up on todays show. Great lineup uper facing fresh lawsuit from massachusetts over how it which was its drivers. Early investor bradley tusk has an idea that can help them avoid headaches and take on rival lyft hes going to join us to explain. Speaking of the pandemic, new Jersey Governor Phil Murphy will join us to discuss his states path forward, whether hes prepared for what the fall will bring in the northeast. Lets focus on two key stories meg tirrell with modernas vaccine news and Big Bank Earnings certainly better with Goldman Sachs. Meg, start us off with moderna. Hey, sara the full phase one trial results from the Covid Vaccine published last night in the new england journal of medicine. This was 45 in the trial we got a glimpse of 8 out of 45 on important key data. These were healthy adults who received two vaccines a month apart. Everyone generated a