13th, have the finance Committee Mark it up. The goal here, of course, get everything done by the end of november, in the senate, end of december in the house. The white house is pushing to cut the Corporate Tax rate. It claims thats going to raise wages. Right now the Corporate Tax rate, the statutory rate, is at 35 . Often you hear people say highest in the world. Thats because it is, at least one of. Not the highest, one of the highest in the industrialized world except most dont pay that. Pay a different rate depending how many loopholes. We calculate to be about 18. 5 . They want to bring it down to 25 insisting those cuts will stimulate growth and increase the annual Household Income by an average of about 4,000. They were saying 4,000 to 9,000, now were hearing 4,000. Ill ask about that in a moment. This plan says dropping the Corporate Tax rate will increase Economic Activity to something between 3 to 5 in as little as three years. It says that this 3 to 5 increase in the gdp w
i think over the past week, president mack crohn had three offense with president putin. one of them lasted for a couple hours so it s clearly areas where they can have extended conversations, but the trick is, of course in the three legs of macron s approach to get the government in kyiv to talk to the separatists in donbas and the east, to get putin to de-escalate the perception of a threat in ukraine, i think is the way that elalelise palace i europe. with the third leg in the european union a perhaps slightly clearer and differentiated role within the auspicious of nato. the language around that isn t very clear. but, you know, these are very big challenges and they re going to meet hurdles all along the way. but the important hurdle is the
of 40 points. 1 1/3 points. s&p looking at the best day since march 13th with a gain on the session at 1386. right to bill griffeth we go at the new york stock exchange. bill? what was all of the hammering about? what s fueling this bull run today? that s what everybody wants to know about. a lot of things, among others, the china effect. despite the weak report on initial jobless claims and a batch of disappointing ipos, we are seeing stocks rally on speculation that china will be able to avoid a hard landing ahead of its are release of the first quarter gdp data. that comes in overnight tonight. another thing investors are watching closely, today after the bell, we will get earnings from google. the question is, will the tech giant surprise to the upside after missing estimates in the last quarter? we ll have full team coverage on google in the next couple of hours here on the closing bell. maria? that s where money has been moving into technology. we re coming to you