What was i made for cause i i i dont know how i feel i dont know how i feel i dont know what i wait for something im made for something im made for [ cheers and applause ] ryan abi carter, your American Idol. Thank you to luke bryan, lionel richie, and the always incredible katy perry. Thank you for watching. Thank you for voting. Until next year, good night, america. That breaking news coming out of the south bay tonight. A suspect is in the hospital with life threatening injuries after being shot by san jose police. We have been on the scene all night long as information from police slowly trickles in. Good evening, im diane lim right away. Lets get to abc seven News Reporter tara campbell, who has been following this breaking situation all night. Tara yeah. Dion. Police say this call came in at around 4 00 this afternoon with reports of a man shooting airearm. San jose Police Say Officers responded to this area along como, como drive in east san jose. This is right near the intersec
Sector. We got if one name our traders think will be the big winner. First, we start off with the big news of the day t. Trump administration unveiling details for quote unquote massive tax cuts. Eamon javers is standing live. Reporter a lot of details. It was a packed Briefing Room at 1 30 when the president s team unveiled this package. They handed out a onepageer detail of where they want to go. Here are some of the highlights, including a 15 Corporate Tax rate a. 35 top individual tax rate. Repeals of the state and local Tax Deduction and the estate tax or as they call it here the death tax. The tax brackets will be reduced from 7 to 3. It would double the standard deduction. It would repeal the minimum tax. They say its unnecessary and duplicative and protecting homeownership and Charitable Giving donations and protects retirement tax benefits. Gary cohn the National Economic director talked a little about Capital Gains. Which is always a hot topic on wall street. Heres what he sa
Trump called the leaders of mexico and canada explicitly telling them the United States would not be pulling out of the north American Free trade agreement just hours after the administration said he was considering an executive order to do just that in a surprise announcement the white house said the president quote agreed not to terminate nafta at this time and the leaders agree to proceed swiftly. The reaction from mexico came swiftly with the peso surging on the overnight development. The news comes as the white house unveiled the massive tax cut proposal, the white house calling it the largest tax cut in history. Claiming it could offer many relief. What does the plan do . It reduces the number of individual income tax brackets from seven to three. 10 , 25 and 35 . The plan doubles the standard deduction for individuals and married couples, that would leave more money in peoples taxes and make filing taxes easier. There is a but here. It would also slash the Corporate Tax rate dow
Nightly news with lester holt. Good evening, with great buildup the white house announced a massive tax cut plan today, one its calling the largest tax cut in history and one that could offer significant relief for a lot of americans, not only families and individuals, but businesses, too. The proposed cut of the Corporate Tax rate, the focus of a lot of attention tonight, because among the prime beneficia beneficiari beneficiaries, businesses like President Trumps, but as they say the devil is in the details which appear to be fairly sparse at this point. Nbc News National correspondent Peter Alexander tells us more. Reporter tonight from the president and his team on taxes an ambitious opening bid. We have a once in a Generation Opportunity to do something really big. Reporter the white house outlining a sweeping across the board tax overhaul. Under the trump plan, we will have a massive tax cut for businesses and massive tax reform. Reporter the headliner reducing the number of indi
Lester holt. Good evening. With great buildup, the white house announced a massive tax cut plan today, one its calling the largest tax cut in history, and one that could offer significant relief for a lot of americans, not only families and individuals, but businesses, too. The proposed cut of the Corporate Tax rate, the focus of a lot of attention tonight, because among the prime beneficiaries, businesses like President Trumps, but as they say, the devil is in the details, which appear to be fairly sparse at this point. Nbc News National correspondent Peter Alexander tells us more. Reporter tonight, from the president and his team on taxes, an ambitious opening bid. We have a once in a Generation Opportunity to do something really big. Reporter the white house outlining a sweeping across the board tax overhaul. Under the trump plan, we will have a massive tax cut for businesses and massive tax reform. Reporter the headliner, reducing the number of vi three, 10 , 25 , and 35 . The admi