Tax Pace News Today

broken things, the houses, the buildings, the bridges, the boats, destroyed. but these images dont show you the lives that are broken. people on the margins whose homes, whose jobs, even their own bodies and their health are now precarious. people who dont have the insurance or the resources to rebuild. my team down here and i went for a drive here not far from where we discovered dozens of people at a shrimping dock for whom that is the situation tonight. no one has reached them and i...

Even if a small number of high income tax payers leave. it has a dramatic effect on this tax pace. -- base. tax the rich. we did! now god forbid the rich leave. >> sean: and the rich are leaving the state with the highest taxes and they are now facing a massive budget short ball because their citizens are fleeing in droves. 10 out of every 1,000 residents left the state between 2016 and 2017. in 2017 over 63,000 new yorkers, they moved to a state with no income tax: florida. and no other taxes a...

Its a subtle shift, but unmistakable. >> john, those of us concerned about the tax pace in new york city noticed in this piece that the president talked to people wanting to live in new york city rather than chicago. >> i think its unlikely his library will. wouldnt surprise me at all, mark, if he joined you on the upper west side. send rents up for sure. hes always loved new york, since his days at columbia. he looks at the clinton global initiative as a model how he can have influence. he migh...

>> theyre saying pass the senate bill that extend tax rates for 9% of the americans. let the top two tax pace expire and this will go a long way to for a balanced approach and solve the problem. if you pass the senate bill. $800 billion in revenue. that is $80 billion a year. to put in context the president ran a deficit of $1.1 trillion. $80 billion of tax revenue, reduced that from 1.1 trillion to 1.02 trillion. that is the problem. spending is the issue. there is reticence among democrats to ...

Much more of a free trader than on certainty, regulatory i think the perception thats out there. a little more lenient on this certainty and tax policy stuff, isnt sort of a big union certainty. if theyre being told were take guy. he gets associated with the unions but he never was a big caring of one swath of the tax union guy. hes not anti-union but he doesnt go out there and say pace, you have to wait, that whats the union agenda, oh, im impacts decision making. >> have those tax cuts in plac...

Little bit the actual detroit. we hear a lot about the symbolic detroit what are the circumstances in the city right now? >> well, first of all, the presidents recovery, the loans to gm and chris mermaid a difference in the city of detroit. many my friends, their weves are working again at chrysler. selling more cars, and the spirit is upbeat in the city, but were still feeling the lingering effects of the housing crisis. many homeowners put into foreclosure, even though they had the money to ma...

Outrage, as you might imagine, among lawmakers today. a little perspective here. aig has put american tax pace on the hook, as i mentioned, for $182 billion, so how are they going to get away with this, having not paid that money back, as many financial institutions have already done? joining me is fox business networks stuart varney. good morning, welcome, as always. how does aig stick up for this decision? >> 200 million -- 200 people are sharing the pool, they signed contracts for employment ...