It is tuesday, so i must be talking about, you guessed it, project 2025. Digging through this 900page tome is my work until election day. Then theres this other part, cutting taxes for corporations and the wealthiest among us. Now, today the progressive think tank, center for American Progress, released an analysis of what project 2025s tax plan would actuallys look like for Americas Bank accounts if trump enacted it. The top lines in this thing are amazing. According to the center for American Progress project 2025s tax plan would cut taxes for households making more than 10 million a year by an average of 2. 4 million a year, which is great news for the hyperwealthy, but what about for the rest of america . Check out this chart. This is a visualization of the added tax burdensu for a middle class a married couple with two c children under project 2025s tax plan. Under the plan families by that description that make anywhere between 35,000 a year and 170,000 a year would all see their
The start of his journey back home. At israel s soroka hospital, his last few moments in hiding. A wall of israeli soldiers shielding him from the world he left ten months ago. From a tunnel in gaza to an israeli ambulance in a couple of hours. His family racing the last few metres to greet him. Thin and pale but staff said in a good and stable condition. Translation: it is difficult to explain how it feels. It is better than having a newborn. We thank god and we thank everyone and hope to see him healthy. We re very happy, very happy. Israel s prime minister called to welcome him home, keen to be part of his release. We cannot go into many details of this special operation but i can share that israeli commandos rescued qaid farhan alkadi from an underground tunnel following accurate intelligence. The army has described this as a complex operation based on precise intelligence but there are persistent reports here of a more nuanced story, even that farhan alkadi may have escaped his ca
Attack on october 7. Israel says he was rescued in what they are calling a complex operation. Lucy williamson sent this report from the soroka medical centre in southern israel. Surrounded again by sunlight, by the sound of hebrew. Farhan alkadi, a 52yearold bedouin israeli, snatching a second chance at life. Crouched on the floor of a military helicopter, after 326 days in captivity, a smile. The start of his journey back home. At israel s soroka hospital, his last few moments in hiding. A wall of israeli soldiers shielding him from the world he left ten months ago. From a tunnel in gaza to an israeli ambulance in a couple of hours. His family racing the last few metres to greet him. Thin and pale, but staff said in a good and stable condition. Translation: it s difficult to explain how it feels. It s better than having a newborn. We thank god and we thank everyone, and hope to see him healthy. We re very happy, very happy. Israel s prime minister called to welcome him home, keen to b
It seems investors once again looking past the difficult months that may be ahead. Pricing forwards month statements are nine months ahead hoping we get past the virus. There could be difficult time ahead but this week you will not know it. David i should say. Thank you to Abigail Doolittle for that report on the markets. Overnight we were reminded of the complexities of the u. S. China relationship as a Foreign Ministry spokesman congratulated Vice President biden even as the trumpet ministration was bidding u. S. Investments in unspecified Chinese Company they say is tied to the chinese army. Richard haass published a Foreign Affairs piece called repairing the world in which he lays out the issues that will be in President Bidens inbox the day he walks into the oval office. Welcome. Great to have you with us. China is in the inbox but is not the first thing. The first thing is covid19. Richard i agree. China is in the inbox and will be for president as for the eye can see your the br
Exchanges. Regulators criticize the lack of access. Goldman sachs is set to be preparing a second round of job cuts in three months as a moratorium on firing amid covid19 comes to an end. Howi lets take a look at we are setting up in the first couple minutes of sydni trading. We have had a pretty cautious trading session this week ever since we had a Technical Glitch that essentially put the asx out of action for monday. We are seeing a little bit of a flight back to the opening session as we get more clarity in terms of the ongoing trade tensions between camera and beijing. Still on the back foot trading at the moment. We are seeing outside of half a percent trading in new zealand stocks. Shery we continue to see pressure in the futures markets. U. S. Futures down. 1 after stocks pulled back from record highs. We are seeing nikkei futures down 0. 4 , coming down from the highest level since 1991. The japanese yen unchanged, although one of the biggest gainers. Virus concerns. And wti