There is a chapter in here on federal tax reform and many others also covering the tax treatment of healthcare and global tax competition. I want to introduce Chris Edwards was editor of Debbie Debbie debbie that downsizing. Org. Before joining cato he is a senior columnist on the congressional joint Economic Committee. Thank you for coming here i think some of you may have had to be involved in the president ial motorcade. Im going to provide a brief overview of tax reform janie foster. President trump and republicans are pursuing tax reform. The basic idea is to cut individual and business tax rates to close the loophole and to improve the treatment of savings and investments. What we need tax or from . It can spread Economic Growth which will raise Living Standards for everybody. It can simplify the code and tax reform can also increase fairness by creating more equal treatment between taxpayers. The other reason we need tax reform is because we have not had major tax reform since 1
This is fox 5 local News Local News at 10 00. At 10 00. A violent attack at a maryland high school. Shutdown by police. We felt this was going to be carried out. There was no doubt in our minds. We aveteraned disaster. A teen girl is accused of plotting a shooting. Investigators say she was dangerously close to following through on her plan. The father of one of the teenagers accused of raping a girl in Rockville High School is also now behind bars. He was gunned down inside his dc home. Somebody out there knows what happened to my brother. I know it. I feel it 27 years after the murder of norman rich detectives havent been able to crack the case. We fox 5 news at 10 00 starts now. Developing tonight a School Shooting plot stopped by police in maryland. Thank you for joining us, im tony perkins im shawn yancy, a teenager was storing a should go fireworks and other materials to make pipe bombs. Police uncovered her detailed plan, thanks to a call from one of her parents Lindsay Watts is
Withdraw from the transpacific partnership, also talking about National Security and ethics reform. He didnt really touch on those big pledges that he had in his campaign about building that wall on the border of mexico, also deporting illegal immigrants, though he did talk about immigration itself. He talked about the fact that he would direct the department of labor the look into visa programs that in his words were undercutting the american worker. Were also getting word tonight that donald trump could start unveiling his Economic Team as soon as tomorrow. Multiple sources are saying that donald trump is narrowing down his list for both treasury and commerce secretaries. The word were getting is that two names have come to the forefront for treasury secretary, steve manuchen, former investment banker at goldman sachs, as well as jonathan gray, head of Global Real Estate at blackstone group. The billionaire investor wilbur ross at the top of the list. Also donald trump meeting with a
He released a two and a half minute video, he talked about it as putting America First in terms of job creation and innovation. He laid out snippets of his policy proposals on trade. Reiterating his pledge to withdraw from the tpp. Talking about National Security and ethics reform. He didnt talk about the big pledges he had during his campaign, building that wall. Deporting illegal immigrants, he did talk about immigration itself, he talked about the fact that he would direct the department of labor to look into visa programs that in his words were undercutting the american worker. Were getting word tonight that donald trump could start unveiling his Economic Team as soon as tomorrow. Hes narrowing his list for treasury and commerce secretaries. The word were getting, two names have come to the forefront for treasury secretary. Steve manuchin formerly at goldman sachs. The billionaire investor wilbur ross is at the top of the list. Donald trump meeting with a multitude of people today