The backdrop, the strong economy, that is leading to a surge in travel, period, but tax reform doesnt go through then what . Lets go to scat martin who has been crunching numbers on the then what possibilities, what happens then, scott . Neil, i think we see a pullback and i think we see a pullback and a surely equity prices, anticipation of tax reform, Regulatory Reform to some degree we have seen and equity prices have responded positively and youre also going to see pullback in consumer spending. The nice thing Going Forward for us is the following, 401 k balances are on record, great year that makes you confident and probably more confident in your job than a year or two ago, thats likely going to make you take out the wallet as you go to holiday spend, without fax reform, that momentum likely doesnt continue. Neil a couple of different reads on this. Youre probably taking them all in. Morgan stanley saying, you know, to a point we have been debating, be careful what you wish for b
Role and the response of the democratic process themselves and particularly it was invented in the 1920s and 30s not just in world war i which was much less than in europe and still the new institutions were invented by the u. S. Democracy institutions. So there is a lot to learn. We shouldnt just be me that they were starting years ago. They have been with us forever and there is a lot to learn on the perspective. As most of you probably know it is an extension of the property tax to include the attacks on the other properties and that has been called utopian by some people, but if the income tax was called utopian 100 plus years ago, could you talk about the iq test experience for the income tax . Its partly about the notion that we were appalled about the idea of the income tax but we began to tell a personal story. And as i listened to them talk about this, think about every time how its the story of our understanding of ourselves and why we are in these economic circumstances. So
And somehow he decided it was a good idea to vent to a reporter from london. Good day. Im Andrea Mitchell in washington where in just two hours president obama will hold his first full press Conference Since april. Hes expected to respond to the outcry over those Surveillance Programs according to congressional briefings on those reforms. Will that satisfy critics . We have a super panel. Chuck todd, chief White House Correspondent and host of the daily rundown and contributor and host of in play, and a washington Diplomatic Correspondent and a senior political reporter. We know from congressional sources hell talk about surveillance top of mind. Its been a problem to the white house. He also obviously has the putin problem. What has their thinking been about the criticism of the nsa program . Of all things on his plate, snowden leaks, the question of what does nsa do and what is surveillance about, politically had a bigger impact than the other various controversy. Some argue are poli
If you were a foreign power looking to weaken america, you couldnt do better than Hillary Clintons economic agenda. My plan will reduce the current number of brackets from 7 to 3 and dramatically streamline the process. For Many American workers, their tax rate will be zero. Joining us now with reaction from South Hampton new york, trumps Senior Advisor david important day. A lot of us have been waiting for specifics. I have got to tell you im a conservative and i heard a lot of specifics today. Let me just start with what i think is the most refreshing of the four. He had four areas. The tax reform you talk about Corporate Tax down. Deduct child care expenses from taxes. 10 repatiotration. They do cause growth. I was really happy with the results of the speech. The room was warm. People were receptive. There was a lot of clapping. Thats because i think there were a lot of specific policies that people could really relate to. The big question is how do you create more prosperity . And
If you were a foreign power looking to weaken america, you couldnt do better than Hillary Clintons economic agenda. My plan will reduce the current number of brackets from 7 to 3 and dramatically streamline the process. For Many American workers, their tax rate will be zero. Joining us now with reaction from South Hampton new york, trumps Senior Advisor david important day. A lot of us have been waiting for specifics. I have got to tell you im a conservative and i heard a lot of specifics today. Let me just start with what i think is the most refreshing of the four. He had four areas. The tax reform you talk about Corporate Tax down. Deduct child care expenses from taxes. 10 repatiotration. They do cause growth. I was really happy with the results of the speech. The room was warm. People were receptive. There was a lot of clapping. Thats because i think there were a lot of specific policies that people could really relate to. The big question is how do you create more prosperity . And