Page 10 - Tax Decrease News Today

do. nobody can get the support to get one of those through. do we have to look for just the possible? >> i think mission number one is to raise the debt ceiling. they cannot get away without doing that. saying theyre going to downgrade you. but they left a bit of an out. if you raise the ceiling but give indication youre on the road to getting a deal, well keep you on credit watch negative but take you off and affirm your aaa rating if you get it done within a couple of months if we se...

jeanne, first question, is it time to simply say, lets go for the possible in washington? everybody has grand ideas about what they want to do. nobody, nobody can get the support to get one of those through. do we have to look for just the possible? >> i think the mission of everyone in congress is to absolutely raise the debt ceiling. they cannot get away without doing that. the s&p has been the strongest credit rating agency. they said, were going to downgrade you if you dont come up...

you isle ask the former pakistani president musharraf in he knew osama bin laden was hiding in his homeland and if he knows terrorists may be holed up in pakistan right now. im wolf blitzer, youre in "the situation room." first, a powerful reminder today, if they dont reach an agreement in the next 11 days, all hell could brea look. standard & poors is warning the nation could be shoved back into recession very soon after the august 2i deadline passes with the clock ticking and stakes ...

Would be a closing of loopholes and simplifying of the tax code. would you support corporate reform that didnt end up in a reduction of the corporate tax burden? >> i think getting the corporate tax rate down to a competitive level is extremely important. we want to create additional american jobs in america for americans. how you structure it is something well take a look at. most tax reform, when your rate has a goal of being revenue neutral, well look at how the administration would propose t...

Offered a balanced budget, and ran up the largest tax increase in history. not all of us are reagan supporters. >> sean: the largest tax decrease with a massive net tax decrease bob. 70 to 28% top rates decreased under reagan. doubled revenues, dealing with a liberal congress. >> i dont it was 28. the fact is the payroll taxes went up. you can argue that it saved social security. look, i was up against ronald reagan in two elections, i have his license plate tattooed here. very few have more res...

Offered a balanced budget, and ran up the largest tax increase in history. not all of us are reagan supporters. >> sean: the largest tax decrease with a massive net tax decrease bob. 70 to 28% top rates decreased under reagan. doubled revenues, dealing with a liberal congress. >> i dont it was 28. the fact is the payroll taxes went up. you can argue that it saved social security. look, i was up against ronald reagan in two elections, i have his license plate tattooed here. very few have more res...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

Bill, republican senators narrowly pass a major tax overhau overhaul. >> its the largest tax decrease in the counthistory of our coun by far. >> democrats say the whole process was a sham. republican tim scott is here to respond. hello, im jake tapper in washington, where the state of our union is trying to keep up in thin sanely busy "newsweek." with the republicans inches away from passing their tax bill which will have profound consequences for the public, this morning president trump is fo...