Mistaking that car for a giant carrot. It caused 6,000 in damages. Jon the car was parked next to the donkeys enclosure. The man could have picked a better parking spot. That does it for us today, americas news headquarters starts sandra awaiting the start of the White House Press briefing on this very busy day in washington. Hello, everyone. Im sandra smith. We expect fresh white house reaction on tax reform, healthcare and aid for hurricane ravaged puerto rico. We have live fox News Coverage for you. John roberts standing by at the white house. We begin with mike emanuel who is currently live on capitol hill. Mike, the framework is public now, so where do lawmakers go from here on tax reform . Reporter well, sandra, House Speaker paul ryan is among those out selling this tax proposal, saying it will help those who deserve it. Our plan lowers taxes for small family owned businesses. Middle class. Now were Learning Healthcare may also be back in the mix. John roberts is live on the nor
Everything i have been a able to decipher up to now, half the benefits go to the top 1 . I have been in congress a long time. I remember another president who was able to railroad a tax code through the congress during the 1980s. And the Wall Street Bankers the corporate president s took that money and outsourced our jobs from the region of the country that i represent. So theres no requirement that money be invested in america. Even if they get it. So its a really lopsided to the top to the same class that is has cause sod many of the problems were facing today in regions like i represented. Frankly, as a member of the defense committee, i have to say were a nation at war and for any president who be sort of hanging out at a tax cut to the very wealthy at a time were at war, there isnt a veteran in his family. I think its really dangerous
and no matter who they are, trump or the establishment character like mitch mcconnell, they are obsessed with the estate tax. They call it the death
bring expenses currently. if you have a mortgage deduction, for example and can you still take that deduction because it is limited, try and bring it in prepaid if you can. if you have income that you think you might be getting this year but can you defer it to 2019, go ahead and do it, pay taxes for it next year and avoid it this year. jedediah: thank you for saving money. you got it guys, merry christmas. griff: still ahead, do you want to start a pot selling business? taxpayers could end up paying for it we will tell you where. pete: great, subi subsidize more bad ideas. langford and dan bongino both here live coming up on this saturday shut down addition of fox & friends
rolled back like the mortgage deduction was brought in a little bit. people have had a hair cut on this stuff. particularly in blue states. and it seems to me that the president is going to make a big promise right here before the election u. above all, there was it was implicitly and in some places explicitly stated that when these companies, these big corporations got all these tax cuts that they would hire more people and give people raises. the unemployment rate has certainly dropped. there are not indications that there are widespread raises that have crossed america lower and middle class. wages have not gone up as much as we would expect in an economy like this. that s for sure. we want to see more improvement and employee raises and the amount of money folks are earning that hasn t happened yet. some people say it s because, look, you know, inflation is not that high. you know, maybe people don t need it. it s certainly something people are keeping an eye on. shepard: g
level off and home sales are slowing down. they re not turning negative a month over a month but they re starting to slow down here in some key areas that i ve been watching here in kingsview. so this could be a sign of the times that things are slowing in the housing market and that s not good for us here at home. if he s right, he bases it on the idea that we ll go in a housing meltdown and that housing doesn t have the allure that it once did. we didn t give it the favorable tax treatment with the low mortgage deduction and a high tax state virtually no deduction, so it s losing its appeal. certain high priced markets, one way to go, south. what do you think of that? it s true. the millennial generation are not buying homes either so you have the new buyers that are not there. i ll tell you what else