Page 38 - 39 6 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Around. he's been helpful with senators like ron johnson. behind the scenes he's also asked for things that made things a little bit more difficult on the individual side, dropping the individual rate at the top from 39.6% to 37%, the president was instrumental in asking for that. i do think when it comes down to it, i don't think any republican up here would say they were totally satisfied on that front, but they do believe when it came down to get votes in place over the course of the last couple weeks, the president has played a positive role. the big question now is this will be a legislat...

♪ >> live from america's news headquarters i'm trace gallagher. after some tense negotiations republicans appear to have enough votes to pass that massive 1.5 trillion-dollar tax overhaul. florida senator marco rubio agreed to support it once the child tax credit was increased for working families. tennessee senator bob corker has also announced his support for the bill. he voted against the initial senate bill because it increased the deficit. the final version of the house/senate conference bill lowers the individual tax rate from 39.6% to 37%. and it cuts the corporate tax rate from 35% t...

This is an historic occasion. i believe i know robert reich disagrees, but i believe this will be very powerfully progrowth. it's good for businesses, wo workers, families. one of the announcements this week was that they're withholding tables will start changing at the beginning of the wreer, so americans will learn when they see their paychecks that the media hasn't told them the truth about this. because the vast, vast majority of people in the middle class are going to get a tax cut. >> robert, is there anything in this bill you like? especially when steve points things out like an increas...

>> live from america's headquarters. harth may be on the verge of his first major legislative victory. republicans in congress appear to have enough votes to pass a massive tax overhaul plan. marco rubio signed on after the child tax credit for working families has increased. bob corker says, he would vote yes as well after initially opposing the bill. the measure would drop the top tax rate for individuals from 39.6% down to 30 7%, and slashed by more than a third to 21%. it will add more than a trillion dollars to the nation's debt. it is an end of an era. american online pulling the plug on...

Married couples, individuals, it will go to $12,000 per year. the top individual rate will go from 39.6% down to 37%. interesting because you have not a single democrat in the house or senate saying they will support this. it's going to be a major midterm election issue as democrats try to make the case, it's not going to trickle down to the middle and lower income classes. it is going to be a tax cut for the rich, that's been the case along. for republicans, paul ryan, this is a big deal because it shows that they've delivered on a big promise to voters after failing to repeal and replace oba...