Welcome to countdown. Coming up you will look ahead to the market open. Lets give you some of these breaking headlines. From europes second largest Insurance Company, net income rises 12 on the year. They were looking for 5. 1 billion, so just a little bit low on that. Operating profit of 7 . The ceo says they are on track to meet their target. That is about delivering a doubledigit emergingmarket operating profit for 2015. He will see whether he stands by that. They have had a positive currency effect in 2015. A positive impact from the u. S. Dollar, from the hong kong dollar, and from this the swiss franc. That is something we will be investigating when we speak. The dividend is where it gets a little interesting. Bloomberg had a view on where the dividend would be, . 91 was our consensus estimate. The dividend comes in at . 95 so operating profit rises. Dividend is up, and of the ceo says they are on track to meet their strict target by the end of 2015. More on axa later. Olivia mal
And then you have a little more wiggle room using either side of that equation to be able to reach your revenue neutrality. Okay, bill. Senator. We, of course, did it revenue neutral. I think the times today probably might require some additional tax. But i believe thats something that the committee has to work out itself. If you really do thorough tax reform, what you find is at least we found that upper income americans will pay a higher percent. For example, we cut the rate from 50 to 28 and yet the top 5 paid a higher percent of the total tax revenue after that reduction than before. Well the u. S. Is one of five Major Economies operating on a worldwide tax system. Meaning it currently taxes the income of its companies wherever that income is earned. Even if its not in our country. Currently companies have profits they earn back to the u. S. But they face a tax of 35 minus foreign tax credits. Those would not pay this additional tax and keep earnings abroad, deferring the additiona
So thank you for your leadership. Hearing is adjourned. Later today the Brookings Institution hears from tony blinken to talk about current priorities and future prospects for u. S. Engagement in central asia. That will be live on cspan starting at 3 30 p. M. Eastern. And Runoff Election scheduled for april 7th in chicagos mayoral race. Rahm emanuel faces his challenger chewy garcia. It is hosted by ttwtv in chicago. Neither won a majority this februarys election. You can see the Candidates Forum starting tonight at 8 00 on cspan. Today is the ted line for an agreement in the Nuclear Talks with iran. A reporter joined us this morning on washington journal to give us an update on the negotiations taking place in swizer land. Thomas erdbrink joins us on the phone. Thanks so much. Thanks for having me. What is the latest on the talks . There has been some reports of a possible extension by hour here. What are you hearing in tehran . Well, of course being in tehran means take im from the s
Or google or you want to hire real talent, you pay them more because you really need that talent, so that you pay them more to offset the employment tax. If youre working the lumberyard in oregon or somewhere, where theres a surplus of labor, the you dont pay them more to offset it, so the irony is that it ends up hitting the lower paid guy and the lower the struggling industry more than it hits the person whos in the consulting or technology industry. So reducing those employment taxes are have many benefits. For example, 24 Million People or 25 Million People working part time now could very well be brought into the workforce. You could find people that werent working to be brought into the workforce, so thats the good news. The question is, what are you going to use to provide the money to do that . And you know, i know the committee has looked at it. Its probably not possible. But who knows . They said tax reform wasnt possible in 86. You could take a dollar gasoline tax or you cou
Coming up live on cspan2 at 6 30 p. M. A conversation on human rights with the state departments undersecretary for civilian security, democracy and human rights. Shell discuss the work beingos5n done by the u. S. Atrocities prevention board which was created in 2012 to respond to and prevent genocide and other Human Rights Violations around the world. The council on Foreign Relations hosts the event. n8u4 tonight on American History tv programs on the 50th anniversary of the selma march. At 8 p. M. , selma 50th Anniversary Commemoration ceremony with president obama and one of the participants in that march, congressman john lewis. At 9 10 p. M. Abc news footage of march 25 1965 Voting Rights rally in montgomery alabama. After that president Lyndon Johnsons address to congress on Voting Rights. Then the selma 50th anniversary brown chapel ame church commemorative service. All of this coming up tonight on cspan3. Luy next, an update from this mornings washington journal on the future o