Im Cheryl Casone in for trish regan. Welcome to you intelligence. Right to it. Heres what you need to know about what was Just Announced from the two advisers to the president. The president wants three tax brackets instead of seven for individuals, and they are 10 , 25 , and 35 . The president also proposing to slash taxes for all corporations along with small and medium size businesses down to 15 . Right now were in the high 30s. He also wants to eliminate the death tax and repeal amt, the alternative minimum tax, take a look how the markets are reacting right now. Not a lot of reaction, but the details of the plan that come out earlier today, the dow, s p and nasdaq still in the positive. We should watch the s p, we may have a record close based on earnings and also what we heard on the tax plan. Take a look at the russell 2000 hitting alltime highs today. These are smaller and mid cap companies, many analysts are saying could really be the beneficiaries of the new tax plan coming f
Now we take you to beaverton, joint where they held a town hall meeting. [applause] how many of you have never been to one of our town meetings . Faces,ul, so many new and the congresswoman and i feel that you are the faces of Representative Government so thank you for coming out. [laughter] [applause] do at the usually start of a town meeting is i talk about 40 or 45 minutes or everybody thinks it is really a lot of fun. Some people over there think im serious. Their face got all pale. That is not what we do at a townhall meeting. For the next 90 minutes we are not going to be reading speeches or using teleprompters. We want to hear from you. We are just going to field your questions, take your comments because that is really what democracy is all about. ,t is not about trickledown decide things in washington and then everybody just accept it. It is bottom up. It comes from the grassroots. [applause] speeches. I am thrilled to have the congresswoman with us today. I angle going to int
Now we take you to beaverton, joint where they held a town hall meeting. [applause] how many of you have never been to one of our town meetings . Faces,ul, so many new and the congresswoman and i feel that you are the faces of Representative Government so thank you for coming out. [laughter] [applause] do at the usually start of a town meeting is i talk about 40 or 45 minutes or everybody thinks it is really a lot of fun. Some people over there think im serious. Their face got all pale. That is not what we do at a townhall meeting. For the next 90 minutes we are not going to be reading speeches or using teleprompters. We want to hear from you. We are just going to field your questions, take your comments because that is really what democracy is all about. ,t is not about trickledown decide things in washington and then everybody just accept it. It is bottom up. It comes from the grassroots. [applause] speeches. I am thrilled to have the congresswoman with us today. I angle going to int
Approach in newspaper as. What does this mean for the turnaround plan . Anna a very warm welcome to debate bloomberg daybreak Europe Bloomberg daybreak going to india and cfos are up there of the u. K. Most optimistic in 18 months. Is it getting harder to hold onto the short dish . Data, slightly likes but you can see short vision was after the flash crash. We are less short on the british and thatn we were, positioning is getting more and more difficult to hold onto. 1. 21 by the beginning of this year. It depends which research youve read. Every time you see a little bit of a nuance, you see a squeeze wethe purpose house anna were talking a lot about how short the market was. Bit ofk radar, a little a picture of where we are on various assets as you go to the asian session. Dollar pretty weak. New york president weighing in on where the fun because next. No huge rush to raise rates more quickly. We are focused on geopolitics arrest north korea. Manus a nice flow of money into europea
Independent investigation to see if that is actually true. 16 officers were injured during last nights riots and several Police Vehicles were damaged. The shooting happened just days after a Police Officer shot and killed an unarmed black man in oklahoma. Ariel video of terrence crutchers death and dam cash video shows him with his hands up and set off outrage across the country. Officer betty shelby fired the shot that killed crutcher. Shes on paid administrative leave. Police and Us Justice Department both are investigating the incident. Now in the midst of all of this tension, between police and their communities, a fox 29 viewer zen us a video. Short clip that may illustrate frustration felt on both sides of this growing divide. So we asked our bruce gore didnt to take look at the footage and put it into context and he joins us now in studio. Bruce. Iain the kind of scene that likely plays out just about every day, Police Looking for help from folks in the neighborhood but without