People who are currently paying 15 would go to 12 . Then a new kind of interim bracket, but they didnt clarify it, 22. 5 . 25 bracket, a 33. 5 bracket 32. 5 bracket, a 35 and 38. 5 would be the highest income. And they would eliminate what they call that bubble. That was a problem with the house plan which was 39. 6 . They did not give us the income breakdown. Believe it or not, liz, theyre still trying to work all of this out to bring it in for scoring. Now, the tax reform brackets, again, the house has four, the senate has seven. The top tax bracket in the house, 39. 6 . In the senate it would be 38. 5 . The Corporate Tax rate, 20 . Both agree on that. But as Maria Bartiromo first reported this morning, they will delay it in the senate one year. This was unacceptable to gary cohn and to President Trump, but steve mnuchin, the treasury secretary, told Maria Bartiromo hes willing to work, the administrations willing to work with the house and the senate on this oneyear delay. So all ey
Leadership in the middle east. Trump from your friend and ally all of the people from the United States of america, we are with you. For the first time in my lifetime, i see a real hope of change. Market off a dc swamp of political turmoil in the first full day of trading since President Trumps first trip overseas. The dow doing a 180 from last weeks turmoil closing up nearly 90 points today. And it is a new look for americas diplomacy in the middle east after successful trip to saudi arabia, President Trump got a warm welcome in israel. Thats a reversal from president obamas chilly relationship with that nation. Welcome to risk and reward im Elizabeth Macdonald in for deirdre bolton. President trump making historic waves in the middle east. Just one day after a dynamic historical speech in saudi arabia calling on Muslim Leaders to help out help wipe out the quote evil ideology of terrorism. Now, earlier President Trump becoming the first sitting president to visit the western wall in