Page 9 - Tax Decrease News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Average person out there will see a tax decrease. so more after-tax income. it sounds like a win-win for corporations, individuals, the economy, the government. it would be silly to throw it all away. >> neil: they're not going to throw it all away. just going to target it more fairly. we don't have the exact wording here. there's variations of it. what do you through? >> i hope that they continue down this road of repeal and replace. it's wonderful. i think it's a great plan. all democratic lawmakers that are watching neil's show, keep on with this message. i think it's wonderful for republic...

If your uc or crohn's treatment isn't working for you, ask your gastroenterologist about entyvio. entyvio. relief and remission within reach. welcome back. tonight i'm obsessed with something cable news and twitter was obsessed with all last night and this morning, before news of the michael wolff bic hook hit. president trump's tweet about his impressive size of his nuclear button. it's hardly the first time president trump has bragged about size or that something is the biggest, the best, the greatest, the whatever. so the staff of "mtp daily" did digging and here now are some of the presi...

December 31st. take new york state for example. there are hundreds and hundreds of municipalities, each one assisting some doing it, some not doing it. the bigger question is, people are worried about, will i get audited if i claim a tax deduction that's bigger than the year before? my answer to anybody that's asking that, if you have a legitimate tax deduction, don't shy away from taking it. >> go ahead and battle the irs if they don't like the looks of it. so a lot of people are asking, will my tax rate go up or down? the republicans have been promising that for most people, it's going to go...

Whatever gains they do see expires by 2026, while corporations receive a larger, permanent tax cut. problem number two -- >> the rich will not be gaining at all with this. >> it's not good for me. believe me. >> no, it will be great for him. the top rate drops to 37%, rewarding top earners with an average one-year break of $287,000. plus doubling the limit on estate tax exclusions only benefits the very rich. add that to the new tax cuts for pass-through businesses with large real estate holdings. sound familiar? the rich and trump make out like bandits. promise number three -- >> not only wil...

See an increase in the gdp of 4% or 5 per. we just don't think that's going to happen. you know, what the reality is that many of my constituents back home in queens will not see that tax decrease. as well, you know, the economy has been ticking along quite well in terms of the job growth in the united states has been ticking along, the economy, the stock market. this notion that it's only happened in the past year is ridiculous. it's been go iing on steadily f 80 months in our country. >> that doesn't matter politically, right, if you're heading into -- you're going to take credit for that. >...