Nasdaq on track for the best performance. Dow futures indicated up about 34 points and gains for the nasdaq and s p futures treasuries, the 10year has finally hit 1. 9 exactly been watching for that a long time above that yesterday. Looking at it as the economy has shown some pretty strong signs. Now we do it in tens. Normally we wait for 3 . The volatility we talked about that. The inflation volatility is really low he thinks that why multiples have stayed so high. It will take years of inflations coming back. Multiples can stay where they are. This just happened well bring it to you. An Iraqi Security source telling nbc news that demonstrators have stormed the u. S. Embassy in baghdads green zone they have used tear gas grenades to try and prevent them from moving inside the compound hundreds have gathered what we saw. Some saying it was about time that some of the air strikes killed fighters from iranbacked coalition from operating in iraq a big piece saying finally we are addressin
Impact. Reporter with christmas just around the corner, republicans look at a time biggest. At a cut in history. Jeffrey lawrence and his team of Certified Public Accountants advise hundreds of clients in Santa Clara County. Most today are desperately trying to pay their property tax and any estimated state taxes for the year 2017. Thats because under the new plan, taxpayers who itemize will only be able to deduct their state individual and income taxes up to a limit of 10,000 a year. Now were getting all this late breaking big change information at a really, really late time. Some are concerned about the timing of the vote. Thinking about my own family and how it will impact us in the coming year in terms of whether well owe more. The cpa has been swamped with questions and concerns from clients. Tax professionals can do planning and insist that everybody should review their tax returns on stark planning for 2018. For those who prepare their taxes, updates are already underway. Well m
Speaker paul ryan wednesday on a procedural hiccup. The message to the hard working taxpayers of america is your tax relief is on its way. Democrats focused on the tax cuts for the rich. Tax cuts dont lead to job creation. They lead to big ceo salaries and money for the very, very wealthy. Now the republicans are taking their cool victory lap, toasting it with champagne, with their donors, and the wealthiest. But they didnt do what they promised. President trump now tasked with selling the plan to the people, recent polls showing it is unpopular with most americans. The white house says theres a process before it hits the president s desk. So no date has been set. Abc news, washington. Despite the bills passage, stocks dropped a bit. At t employees are getting an immediate boost from the bill. 200,000 work letters get a 1,000 bonus each. Thats nearly all the telecommunications companys 256,000 employees. San franciscobased Bank Wells Fargo says it will boost the minimum wage for employ
The first major tax bill over haul in 30 years. The president beaming with a double fist pump. Its always a lot of fun when win. Lawmakers leaped on the praise one after the next after the next. Something this profound couldnt have been done without exquisite president ial 4r leadership. You listened to voices no one else was listening to. You are one heck of a leader were all going to benefit from it. President said it is designed to benefit all American Families but Corporate America get a much bigger tax cut. We are making America Great again. And earlier the president flaunted those for big business. The plan lowers the tax for big business from 35 to 21 its biggest factor in the plan. That cut for Corporate America is permanent but income tax cuts for individuals expire in eight years and lower income plenaries making 75,000 or less will see their taxes go up and ultra rich will see their taxes go down. The bill also repeals the Obamacare Mandate that every american buy Health Ins
Good evening. The tax reform plan passed by the republican theres start affecting every american. Well look at some suggestions on actions to take now made by local accountants. First abc reporter kenneth begins our coverage from washington. President trumps first major legislative win, a sweeping tax overhaul. We are making America Great again. You havent heard that, have you . The president surrounded by gop lawmakers who helped with the rewrite of the. At a code. The largest in more than three decades. It means jobs, jobs, jobs. The Senate Passed the bill along party lines in the wee hours of the morning. Speaker paul ryan wednesday on a procedural hiccup. The message to the hard working taxpayers of america is your tax relief is on its way. Democrats focused on the tax cuts for the rich. Tax cuts dont lead to job creation. They lead to big ceo salaries and money for the very, very wealthy. Now the republicans are taking their cool victory lap, toasting it with champagne, with their