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x. es ta california 7.25%. florida 6%.a 6%. gas tax rate. california $0.77 a gallon. that is a low estimate. it's up to a dollar when you include mandatory fees and.s in florida, it's $0.35. corporate income tax, cocalifornia, 8.84%.%. florida, 5.5%. governor newsom, this is your question. let me ask you, obviously, you.you support a different philosophy, which is higher taxes. >> yes. s is a t >> well, no, no, no. hold on. let me have tax question. does this is a very different a different approach. ynd i agree with you completel . he is one of the most regressive tax rates in the united states. regrs number three, most regressive state in america. st and what that means is simply this who does he tax? >> he taxes loe tacks?w income s more than we tax millionaires and billionaires in the statea of california, the question is a simple one. who, ron , are you for? lie tha it's a factual lie that the state of california'sts high tax
florida is .91%. sales tacks in california is seven-point to 5%. florida 6%. gas tax rate in california is 77 cents a gallon. that is a low estimate. it's up to a dollar when you include mandatory fees and in florida it's 35 cents. corporate income tax california 8.84%. florida 5.5%. governor newsome, let me ask you. obviously you support different philosophies. higher taxes. >> hold on. >> this is a tax question. >> this is a different approach and i agree with you completely. he has one of the most regressive tax rates in the united states of america. number three most regressive state in america. what that means is simply this. who does he tacks? he taxes low income workers more than we tacks millionaires and billionaires in the state of california. the question is a simple one. who are you for? it's a factual lie that the state of california high tax has
The majority of pension savers are at risk of running up huge tax bills when they take money out of their pots, according to a recent study of over 3,000 people.
windfall tax question into it. yes, because there _ windfall tax question into it. yes, because there has _ windfall tax question into it. yes, because there has been - windfall tax question into it. yes, because there has been criticism that the taxes imposed by the government last year on gas and oil giants didn't go nearly far enough according to many people. and what is shell saying about this? does it think that it may need to pay more taxes here in the uk? does it understand that argument? i think they understand _ understand that argument? i think they understand that _ understand that argument? i think they understand that there - understand that argument? i think they understand that there is - understand that argument? i think they understand that there is that| they understand that there is that outrage at the sort of numbers they are making. but it isn't straightforward to taxing a multinational company and getting them to pay uk tax. 95% of the money that shell makes isn't made in the uk, it is made and taxed around the world. so only 5% of their profits are actually made here. there is a 75% tax on those profits. they already pay 40% income tax, then there was a 25% windfall increased to a 75% windfall, so they are paying 75% now. that's not the highest in the world, norway and nigeria a bit higher, but one of the
"washington post" national security reporter devlin barrett, walk us through what you know. >> this investigation was opened in 2018, it's been going on a long time, and it's been supervised since the biden administration began, by a holdover u.s. attorney from the trump administration, in delaware. and what we're told is that agents believe, and have believed for a number of months, that they have a chargeable case against hunter biden, but it's important to remember, charging decisions are not made by agents. charging decisions are made by prosecutors at the justice department. >> and they will decide this, these crimes that we're talking about, what are the details of the alleged crimes regarding taxes and regarding a gun purchase? >> well, on the tax question, it's, we don't know a lot of the specifics, but we know it is on the sort of general problem of allegedly failing to report significant amounts of income. and on the gun issue, it's a little more complicated in that when a person buys a gun, they
there. _ particular individual thing here or there. but— particular individual thing here or there, but take them as a whole. what _ there, but take them as a whole. what this— there, but take them as a whole. what this government did yesterday was give _ what this government did yesterday was give huge tax to those at the top, allow— was give huge tax to those at the top, allow city bankers to get their bonuses— top, allow city bankers to get their bonuses in — top, allow city bankers to get their bonuses in. these are tax breaks for millionaires— bonuses in. these are tax breaks for millionaires and city bankers, while doing _ millionaires and city bankers, while doing nothing for those on the lowest — doing nothing for those on the lowest income, and actually doing it through— lowest income, and actually doing it through borrowing. it is the worst kind of— through borrowing. it is the worst kind of tax— through borrowing. it is the worst kind of tax cuts for all, because all it— kind of tax cuts for all, because all it is— kind of tax cuts for all, because all it is doing is ladling us with borrowing into the future and potential tax rises into the future. we think— potential tax rises into the future. we think they have got the whole thing _ we think they have got the whole thing wrong. the we think they have got the whole thing wrong-— we think they have got the whole thing wrong. the tax question will certainly feature _ thing wrong. the tax question will certainly feature here _ thing wrong. the tax question will certainly feature here over - thing wrong. the tax question will certainly feature here over the - thing wrong. the tax question will. certainly feature here over the next four or so days, so too will questions about industrial action and what labour leadership should be doing that. what growth will look like under a labour government. it will be a very busy few days here in liverpool, and it kicks off properly tomorrow. the home secretary,
>> doug, i know i spoke for all of us when we say we are glad tax law dictator is a position that doesn't exist. >> i was just going to nominate catherine. >> thank you. i appreciate it. >> that's bringing together people we like to have here on "new day." doug, what's your take on this bill? i know you are not a big fan top line, but what about carried interest in particular? >> i think carried interest is a really -- a complicated tax question literally what is the appropriate tax treatment of this, should it be taxed at the point when you grant it to the private equity manager or at the point when they realize t is it ordinary income or capital gains? the reality is this is not a lot of money, $14 billion in this bill, not the crucial piece of financing. we have been having this same debate since 2009 and so it's no longer a loophole, congress has decided that this is how we're going to treat this income and that's that. it's like saying the mortgage interest deduction is a loophole. whether you like it or not, it is how we've decided to treat
directly or indirectly they implicate the president. >> steve: and, remember, on this show we talked about how a couple of months ago, maybe six months by now, there was a story about how white house insiders said there can be no trial. if hunter is indicted essentially, he is just going to have to take his medicine, whatever the medicine is. there can be no trial. they are trying to see you low hunter biden so it's just hunter biden and does not impact the balance of the family because invariably, next thing you know, the president of the united states could be called onto the witness stand. and they don't want that. >> ainsley: elise stefanik has said he will be a top target if republicans take over the house. >> brian: bigger question is where all the money? tax question is going to be huge. how much does crack cost? i smoked it all? you are talking about millions of dollars. it's unbelievable. >> ainsley: why can't they follow the money? >> brian: follow every dime. >> ainsley: from foreign countries why it makes it