Page 2 - Tax Windfall News Today

These are great states, by the way. people love living there. but they just are brutally taxed. >> all states are great. >> thats why theyre leaving. secondly, why should the building janitor who doesnt itemize subsidize the occupants of the penthouse who gets in under reviewing the tax cap, the majority goes to millionaire and billionaire households, why is that fair and why should low tax states subsidize high tax states? it is a giveaway to the wealthy and today, as we talk, it is the number ...

Tax windfall for corporations and the wealthiest 1%. the problem i had with the tax cuts is not that i am for tax cuts or against tax cuts for the middle class, im not. so everybody wants low taxes. the problem i had was his priority was always corporations. at your priority should have been the people of kentucky and he should have made the middle-class tax cuts permanent and he didnt do that. >> neil: but to be fair, you could argue the size and scope of the tax cuts but about 80% of americans...

>> i think you stop it by getting people honest about the american debt. thats very important. >> neil: but barack obama was sincere i take it. and no one seems to get a handle on it. you might scale back some spending to deal with it? >> we were on a path to decrease our deficit in the last few years of the last administration and, we were on that path. then senator mitch mcconnell came in with this tax windfall and almost doubled it. >> neil: i dont know that we were on a path, and you would g...

Supports medicare for all, talk about achieving debt-free college and a plan to help middle class and lower, sort of working class folks get more money in their paychecks with a tax windfall pitching that for a while as well and part of the speech well hear here. >> and joining us now, i notes early, but would we call her the front-runner >> if you judge the way shes being attacked on the left and right, clearly a sign people view her as a front-runner and probably theres polling evidence they h...

California and undisclosed across the united states. stock repurchases for the s&p 500 hit an all-time high of $189 billion in the first three months of 2018. so far, the tax windfall is barely trickling down to americas workers who are barely hearing about wages, long-term wages, look at slow wage growth shareholders.ng the pockets of were going to focus o that in the next few months. moments ago, former fbi agent peter strzok walked into the house judiciary committee and hes about to discuss...

Biggest winners so far are wall street. and theyre slamming companies for sharing their tax windfall with investors, not more with employees. analysts warn, theyre just pay -- that just paying shareholders could hurt long-term growth. companies should be investing in new factories and equipment. after a week of controversial tweets, kanye west took a bizarre turn. listen to what he said on tmz live about slavery. >> you hear about slavery for 400 years. for 400 years? that sounds like a choice...

Announced $171 billion in stock buybacks. a record high. thats a boon for investors. the lower corporate rate is boosting banks such as jp morgan chase, wells fargo. earnings raise $2.5 million last quarter. that is their tax windfall. facebook is asking users in the eu permission before using their data in targeted ads. the changes will roll out in the u.s. this month. facebook faces scrutiny after facing to protect data. it is joining microsoft and 32 other firms in the cybersecurity accord....

Have to keep it in perspective. we had able market for eight years. people have been expecting a pullback. rob: financial reality show continuing, some good economic news including raises and parental leave. what is going on? >> the latest company to do something for its employees because of the tax windfall, hourly employees a pay raise from $9 to $11, and paid parental leave, a program that will give new parents with a new baby four weeks off with paid wages so that is good news for those empl...

The benefits as crumbs probably wasnt the smartest way but theres plenty of data out there in plenty of anecdotes. the president is fond of putting out anecdotes of bonuses people have received. theres plenty of anecdotes of layoffs, corporations that took the tax windfall, closing down factories, laying workers off. since the bill became law, 40,000 of love lost their jobs and $9 billion have been invested in corporate stock buybacks. for democrats to be able to point out the growing disparity ...

Together the votes we need odd to get this bill passed. >> pure political expediency. the change would be a multimillion-dollar tax windfall for reemts investigators like president trumps children and several members of congress. you know, when the senate doesnt pass something and the house doesnt pass it, how are the people involved? how does this come out of a meeting between the house and the senate and why dont we give a little break to the real estate industry and then we can get a couple m...