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On April 11, 2020, Income Tax Act. The Subsidy is designed to enable employers to keep employees on payroll, to enable employers to re-hire workers that were previously laid off, and to help employers hire new workers during the COVID-19 pandemic. The Subsidy was initially in place for a 24-week period from March 15 to August 29, 2020. However, on July 27, 2020, Bill C-20 - An Act respecting further COVID-19 measures, received royal assent, which extended the Subsidy to November 21, 2020, and gave the Government the ability to extend the Subsidy to December 31, 2020, by regulation. On Novemb...

Because it is too controversial. you might see some compromise around the rate structure. you might not see a reduction for example at the higher end of the income scale. but all of this is going to get worked out once both sides pass whatever they will pass. i still remain optimistic because there is the policy component and good reasons for wanting a tax cut but the politics cannot be avoided here. that is clearly a big factor driving this as well. >> a huge issue that is driving this. and jared, final word to you, can they get it done? in the four weeks that they have left of work, are we s...

What's your brief? >> there's really nothing in this tax proposal that's going to benefit small business. david: nothing? >> small businesses don't pay at the corporate rate for the most part. so they're not going to benefit from that. the pass-through provision to lower the top rate on pass-throughs, combined with the change in the rate structure is only going to benefit about two large pass-through business entities. this proposal makes the tax code even more complex and worse of all, this blows a 1.5 trillion dollar hole in the deficit at a relatively time of prosperity where we should look...

Cities say agriculture is getting off easy. experts say the restrictions don't go far enough. a little good news a storm arrived in the sierras with snow and foot on the way. that is important because the state gets 30%. i its water from snow pack which is 95% below average. san francisco, rain in central valley through los angeles. it is needed but not enough to change the big picture. sunday governor brown said his 25% mandatory water cut will force residents to change how they live. >> it is requiring action and changes in behavior from the oregon border all the way to the mexican border. i...

And it's how edward jones makes sense of investing. to california where things are drying up. now residents are paying up. to fox news in launch with details william? >> reporter: the 25% cutback ordered by governor jerry brown is historic. but how you get there is largely up to each individual household and business. unless you commit a flagrant foul like watering the sidewalk. then you can get a $500 fine. local water districts will enforce the cut using a tiered rate structure and incentives like up to $5000 to replace your lawn with drought-tolerant landscaping. one san francisco restaur...