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Detailed text transcripts for TV channel - MSNBC - 20180111:19:42:00

Flatter and 90% of the taxpayer benefiting from it. yet, it would seem that under those circumstances you re going to eliminate a lot of the deductions which so many small businesses and self-employed business people depend on. is there really a major cut in deductions, and how do you expect that will play with the small business community? well, i think there have this is about tax simplification and getting rid of deductions. a lot of the deductions that rich people take. but on small business, one of the best features of the tax plan are all the features that go to small and medium-sized businesses and pass-throughs. there are tremendous incentives whether the automatic expensing or whether the discount for pass-throughs. we ve heard more good news from small business than even from the walmarts of the world. and self-employed business. self-employed, too. ....

Business People , Small Business Community , Tax Simplification , Tax Plan , Pass Throughs , One Of The Best , Automatic Expensing , Self Employed ,

Detailed text transcripts for TV channel - FOXNEWS - 20180109:14:50:00

Which is pretty good. we have the highest marginal income tax from 39.6 to 37. a lot of the pass-throughs to get a 20% write-off on their taxes which is 26%. we have we have all of these wonderful features that i m really excited about and i think this will lead to a lot of prosperity. bill: hope you come back soon. you are doing stand-up tonight. where is that in nashville? we ll come and see you. colbert hasn t invited me. bill: not yet. thank you very much. bill. sandra: i fully admit to looking up on that one. a meeting at the white house to get an immigration deal done. is it possible? former white house deputy chief of staff joins us next hour to break it down. bill: failure to launch on a top secret and expensive satellite. it fails to reach orbit. ....

Write Off , Income Tax , Pass Throughs , 39 6 , Sandra Smith , Colbert Hasn T , Stand Up , White House , Immigration Deal , Deputy Chief Of Staff ,

Detailed text transcripts for TV channel - FOXNEWS - 20171225:15:19:00

Laws. yeah, such a great point. you re right. because it s christmas week you might have more of a challenge getting somebody on the line. if your county does allow it and you can make a payment this week, by all means do it. again, i ve been telling friends and family the 29th, if it s not done by then you won t get the transaction completed. let s talk about small businesses. say you have the client that owes you $5,000 for work you ve done. instead of pestering them now a good thing is to wait until next year. you would rather have that extra income come in 2018, correct? you have to be careful. if you are a cash basis filer as a small business. a lot of small businesses are, you re right. try to get that payment next year and that way you ll pay the taxes on it in 2018 when the rates will be lower for small businesses and pass-throughs. just be careful. if you are the kind of business ....

Great Point , Small Business , Pass Throughs ,

Detailed text transcripts for TV channel - MSNBC - 20171220:20:05:00

You re going to have say ta lot than that. one thing it very important for the farmers, the great farmers and the great small business owners that were forced to sell their businesses at bargain basement numbers. we have provided for the most part a state tax wiped out so they can keep their farms in the family. that to me is a very big factor. very big. this is this is going to mean companies are going to be coming back. you know, i campaigned on the fact that we re not going to lose our companies anymore. they re going to stay in our country. and they re going to stay in our country and you ve been seeing what s been happening even at this prospect. but they have tremendous enthusiasm right now in this country, and we have companies pouring back into our country, and that means jobs, and it means, really, the formation of new, young, beautiful, strong companies. so that s going to be very, very important. the pass-throughs you know all about and the small businesses are going to be ....

Estate Tax , Small Business , Bargain Basement Numbers , Pass Throughs ,

Detailed text transcripts for TV channel - MSNBC - 20171220:17:40:00

Little bit of laughter or tittering in the background. i think the american people absolutely know, and frankly all of the senators who voted on this bill last night, those who voted in favor of it know there was this loophole put in for real estate pass-throughs and president trump has a host of those entities. i also want to ask you what seems to be a coordinated campaign against robert mueller and the investigation. we can see what s happening on the house side, the house intelligence committee is trying to wrap it up quickly. the fbi association representing the career fbi agents, special agents, has issued a statement this morning saying in part that, attacks on our character and demeaning comments about the fbi will not deter agents from continuing to do what we have always done, dedicate our lives to protecting the american people. controversies of the day fade, but the sworn duty of special agents endures. ....

Tax Reform Bill , Last Night , Real Estate , Loophole Put , Robert Mueller , Pass Throughs , Special Agents , House Side , Fbi Association Representing , House Intelligence Committee , Special Agents Endures ,