Tax Pace News Today : Breaking News, Live Updates & Top Stories | Vimarsana

broken things, the houses, the buildings, the bridges, the boats, destroyed. but these images don't show you the lives that are broken. people on the margins whose homes, whose jobs, even their own bodies and their health are now precarious. people who don't have the insurance or the resources to rebuild. my team down here and i went for a drive here not far from where we discovered dozens of people at a shrimping dock for whom that is the situation tonight. no one has reached them and it is not clear if anyone has tried, but i saw them. and you can see them too. take a look. >> [ina...

Even if a small number of high income tax payers leave. it has a dramatic effect on this tax pace. -- base. tax the rich. we did! now god forbid the rich leave. >> sean: and the rich are leaving the state with the highest taxes and they are now facing a massive budget short ball because their citizens are fleeing in droves. 10 out of every 1,000 residents left the state between 2016 and 2017. in 2017 over 63,000 new yorkers, they moved to a state with no income tax: florida. and no other taxes as well and much lower taxes. it's not just new york. look at these numbers. between 2006 and 2017, t...

It's a subtle shift, but unmistakable. >> john, those of us concerned about the tax pace in new york city noticed in this piece that the president talked to people wanting to live in new york city rather than chicago. >> i think it's unlikely his library will. wouldn't surprise me at all, mark, if he joined you on the upper west side. send rents up for sure. he's always loved new york, since his days at columbia. he looks at the clinton global initiative as a model how he can have influence. he might have three or four decades or more in front of him. he's got his eye on new york. >> he's only...

>> they're saying pass the senate bill that extend tax rates for 9% of the americans. let the top two tax pace expire and this will go a long way to for a balanced approach and solve the problem. if you pass the senate bill. $800 billion in revenue. that is $80 billion a year. to put in context the president ran a deficit of $1.1 trillion. $80 billion of tax revenue, reduced that from 1.1 trillion to 1.02 trillion. that is the problem. spending is the issue. there is reticence among democrats to do big, hard reforms that will be necessary to really drop the numbers down by the trillions. that ...

Much more of a free trader than on certainty, regulatory i think the perception that's out there. a little more lenient on this certainty and tax policy stuff, isn't sort of a big union certainty. if they're being told we're take guy. he gets associated with the unions but he never was a big caring of one swath of the tax union guy. he's not anti-union but he doesn't go out there and say pace, you have to wait, that what's the union agenda, oh, i'm impacts decision making. >> have those tax cuts in place going to grab it and run with it. that's why he didn't have much union support early on in...