Page 2 - Us Tax Code News Today

P.m. eastern that just passed about 11 minutes ago. passengers are sitting and waiting at the height of the christmas travel season. can you imagine being stuck sitting on the carpeted floor right now? they say even some of the wi-fi and cell service is out. we will bring you the very latest on that situation on this sunday afternoon in atlanta. meanwhile, its a griming milestone in the scott peterson case. were ant to mark 15 years since the disappearance of his wife and unborn son. coming up...

But other lawyers involved dismiss that. just down the street, on capitol hill lawmakers are just steps away from handing mr. trump a major legislative victory. republicans believe they have the votes to get a major tax reform bill to the presidents desk by income week. it would be the first overhaul of the u.s. tax code since the reagan era. gina joins us now from essex in the uk. its good to have you here to talk about whats happening with the u.s. president and tax reform. this is very impo...

The allegations of russia election meddling in the u.s. elections, that broadly he thinks that these, you know -- that this is running counter to u.s. national interests, these are people who are opposed to president trump who are, you know, running this investigation. therefore it is detrimental to the u.s. interests. so his views run vaguely pair re parallel on this with president trump. >> nic robertson, thanks for the report. back here in the united states, republican lawmakers believe the...

[music] [music] ♪ >> tucker: republican party revealed yesterday its plans for the biggest overhaul of u.s. tax code since the bush tax cuts of 2001. this bill would/corporate tax rates, increase the standard deduction for ordinary families, and impose a new tax on the endowment revenue of universities. it is a complicated bill. not all is clear. but is it worth passing? congressman sean duffy represents wisconsin and supports the proposal, and he joins us.

In the form of a tremendous tax cut. it will be the biggest cut in the history of our country. >> and were back with the politics lead. president trump today pushing his tax cut and without one major legislative victory under their belts, president trump and republicans might need this gift to come through. house republicans on the fast track to make this happen unveiled their plan today, leaders say they want legislation passed by thanksgiving. thats three weeks from today. if that tax bill doe...

>> tax relief is right and tax relief is urgent. help for small business means jobs for americans. >> also, marco rubio idea number three, "permanently end the death tax." mr. spokesman? >> we must repeal the death tax. >> marco rubio idea number six. "fundamentally reform the u.s. tax code." he says, "the u.s. should have a tax system that is simpler," or as the spokesman says -- >> we simplify the tax code by reducing the number of tax rates from the current five rates to four. >> before carry...

Relief is urgent. help for small business means jobs for americans. >> also, marco rubio idea number three, "permanently end the death tax." mr. spokesman? >> we must repeal the death tax. >> marco rubio idea number six. "fundamentally reform the u.s. tax code." he says, "the u.s. should have a tax system that is simpler," or as the spokesman says -- >> we simplify the tax code by reducing the number of tax rates from the current five rates to four. >> before carrying on -- beyond carrying on th...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.