It looks at how much your asset appreciated and the fact that you can only pay tax on what remains. David you will pay a Capital Gains tax, but it will be inflationadjusted. The president says that will create a lot of jobs. Why would it . Laura economists dispute that point and say it does not do much for Economic Growth and incentivizes old investment, not new investment. In terms of the jobs and when economists model this out, it is mainly. 1 for the long run. David how does congress feel about this . Congress gets to decide about taxes. Is there support for this move at least by republicans on the hill . Laura there are some republicans that supported this. Ted cruz has been putting the Trump Administration to do this. This is not political really viable this is not politically viable in congress. You look at joe bidens tax plan, it would double the Capital Gains tax rate. The president saying he is seriously considering this. If he has the power, why doesnt he just do it . Laura i
Foreign adversaries pose the greatest National Threat of our time. American users makes it a valuable propaganda tool for the c. C. P. To exploit. Over the past week, we sn realtime how the c. C. P. Controlled tiktok, used its influence and power to force users to contact their representatives if they even wanted to continue using the app. And this is just a small taste of how the c. C. P. Weaponizes applications i cols to manipulate tens of millions of people to further its agenda. Todays legislation will end this abuse by preventinlled by n adversaries from targeting, surveilling and manipulating the American People. We have given tiktok a clear choice. Separate from your parent company, which is beholden to the c. C. P. , and remain operational in the United States, or side with the c. C. P. And face the consequences. The choice is tiktok agencies. Companies control conscious tiktoks is tiktoks. Companies controlled by a foreign adversary like the c. C. P. Will never embrace america
Todays legislation will end this abuse by preve controlled by foreign adversaries from targeting surveilling and manipulating the American People. We have giv a clear choice. Separate from your parent company, which is beholden to the c. C. P. , and remain operational in the United States or side with the c. C. P. And face the consequences. The choice is tiktok agencies. Companies control conscious tiktoks is tiktoks. Companies controlled by a foreign adversary like the c. C. P. Will never embrace american also have like freedom of speech, human right the rule of l. If give the choice, they will always choose the path for more control, more surveillance and more manipulation. And in the case of tiktok, we wouldnt even know it. Today we send a clear message that we will not tolerate our adversaries weaponizing our freedoms against us. I encourage my colleagues to support this bill and i reserve the balance of my time. The speaker pro tempore the gentlewoman from washington reserves. The
O americans data, communication networks, devices and applications as the entry points to disrupt our daily lives and conduct espionage activities. And all of this endangers our National Security interests. We have a long history of restricting our tv and radio airwaves from ownership by foreign gernments and individuals due to the National Security concerns that these arrangements pose. Social Media Companies should also face similar scrutiny. After all while technology has evolved, the threats are very much the same. And i also take the concerns raised by the Intelligence Community very seriously. They have asked congress to give them more authority to act and narrowly in narrowly defined situations. I believe this bill will do just that by addressing the National Security risks posed by applications operated by companies controlled by foreign adversaries. While this bill establishes a National Security framework that could apply to other applications, much of the public attention is
Requiring tiktok divest from china or face a u. S. Ban. One member voting present. The bill goes to the senate. Heres the house debate on the legislation, fromar he protecting americans fron adverd applications act. Foreign adversaries pose the greatest National Threat of our time. Tiktok acceso 177 million american users makes it a valuable propaganda tool for the c. C. P. To exploit. Over the pask, we saw in realtime how the c. C. P. Controlled tiktok, used its influence and power to force users to contact their representatives if they even wanted to continue using the app. And this is just a small taste of how the c. C. P. Weaponizes applications it controls to manipulate tens of millions of people to further its agenda. Todays legislation will end this abuse by preventing apps controlled by foreign adversaries from targeting, surveilling and manipulating the American People. We have given tiktok a clear choice. Separate from your parent company, which is beholden to thâ– e c. C. P.