The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
The holiday email you could soon be getting about a delivery. Well tell you the one letter to look out for. Good evening. Its great to have you with us on a friday night. Its a whiteknuckle drive home for millions. Icy highways and several feet of snow in many places. Winter storm alerts in 19 lake effect snow, being measured in feet. And i90, the scene of the massive pileup in the last 24 hours. In portland, oregon, the sidewalks covered with ice. Heres adrienne bankert. The great lakes getting pummeled with high winds, even lighting and thunder snow. Pretty bad visibility. Reporter cars sliding off the roads in jordan, new york. Ive never put one in the ditch yet. Reporter this truck flipping over on interstate 90. A pennsylvania. Crews racing to pick people out. And 20 injured, 3 seriously, in ohio. And shut down the highway for more than 15 hours. And in portland, ice turning this school bus skidding off the road near vancouver. No one was hurt. And high winds knocking out power fo
Delivery. Well tell you the one letter to look out for. Good evening. Its great to have you with us on a friday night. Its a whiteknuckle drive home for millions. Icy highways and several feet of snow in many places. Winter storm alerts in 19 states. Lake effect snow, being measured in feet. And i90, the scene of the massive pileup in the last 24 hours. In portland, oregon, the sidewalks covered with ice. Heres adrienne bankert. Reporter tonight, a relentless winter assault. The great lakes getting pummeled with high winds, even lighting and thunder snow. Pretty bad visibility. Reporter cars sliding off the roads in jordan, new york. Ive never put one in the ditch yet. Reporter this truck flipping over on interstate 90. A 70car pileup in erie, pennsylvania. Crews racing to pick people out. And 20 injured, 3 seriously, in ohio. And shut down the highway for more than 15 hours. And in portland, ice turning sidewalks into skating rinks. This school bus skidding off the road near vancouver
First we start with the final countdown to the fed tomorrow. It could be a make or break rally. They are expected to make tonight third rate like in the past decade. The question is simple. What do you buy . How does this major market moving event . I think you have to stay the course and i think you have to look at the trans ports and the iwm. Both are now showing signs of weakness. Theyve been showing it for a while. What do you buy . I think you stay in health care. The ivp hangs if there like a champ. And banks are now on the precipice of breaking down and i think theyll talk about that a little later. I think theres another leg to the bank rally. If you believe in the story fed could overdo it, i think banks will be the last year to fall of i think as rates go higher, i think you have a place bank theres continue to outperform. I think the valuations are the most dependable. I think the comps look pretty good. I agree with guy. He talked about 130. It is around 133 which is anothe