The committee will come to order. Welcome to our first hearing of the day. We discussed the ongoing effort to reform our tax code. We have a distinguished panel of experts to help shed some light on the issues surrounding tax reform. I look forward to a productive discussion and appreciate your attendance. In 1984 resident reagan called for reform of the tax code. He laid out three main goals for tax reform. Fairness, efficiency and simplicity. Those three goals are as relevant today as they were a generation ago. American competitiveness is essential in todays Global Economy we must consider whats happening outside our borders. Addressing tax policy or legislation is very easy to find oneself. I think we would do well to keep focus and frequently remind ourselves of these basic principles. I will repeat them. Fairness, efficiency, simplicity and american competitiveness. The Tax Reform Act of 1986 is generally considered to be a great success. One question people should ask themselves
The committee will come to order. Welcome to our first hearing of the day. We discussed the ongoing effort to reform our tax code. We have a distinguished panel of experts to help shed some light on the issues surrounding tax reform. I look forward to a productive discussion and appreciate your attendance. In 1984 resident reagan called for reform of the tax code. He laid out three main goals for tax reform. Fairness, efficiency and simplicity. Those three goals are as relevant today as they were a generation ago. American competitiveness is essential in todays Global Economy we must consider whats happening outside our borders. Addressing tax policy or legislation is very easy to find oneself. I think we would do well to keep focus and frequently remind ourselves of these basic principles. I will repeat them. Fairness, efficiency, simplicity and american competitiveness. The Tax Reform Act of 1986 is generally considered to be a great success. One question people should ask themselves
Unlikely to go ahead after a new regulatory hurdle. Constance goes to washington. Dimension mexican central with rnor will meet we will speak to the global head of em. Less than half an hour away of the european open. Take a look at what futures are doing. We are seeing gains across the board. Theftse and the cac strongest right now. I wanted to look at bonds. Twoyearyearold twoyear yield. Look at this, record low on the german twoyear yield. Today a little bit higher. Here you see another record reached for negative rates in germany. Let me pick on a couple of points. First point, the british pound is down. Bothvernight story affecting sterling. That is and is shooting barometer as well. But taken out a little bit as well. Back to the bond market. That was mentioning what is going on with the german front end of the curve. Upnce and germany tightening. As he can see, we are tightening up. Mr. Ct that is down hael has better pulling better pulling numbers. Lets get an update on what is
The uk representative to the eu will hand over that letter from theresa may signalling the start of two years of negotiations on leaving. Well bring you all the latest news and reaction throughout the day, from across the uk and European Union. Good morning. Im outside the Houses Of Parliament on College Green ahead of the triggering of article 50 which marks the start of the formal process for the uk to leave the eu. The Prime Minister, theresa may, has just left number ten downing st. She is on her way to parliament. She will be addressing mps this lunchtime after Prime Ministers questions. She will be telling mps that today marks the time for the country to come together as it embarks on what she describes as a momentous journey. We embarks on what she describes as a momentousjourney. We know that embarks on what she describes as a momentous journey. We know that the Prime Minister has already signed that letter giving official notice under article 50 of the lisbon treaty. That lett
Minister. Thank you mr. Speaker. Today the government acts on the democratic will of the britishsh people. It is act ii on the clear and convincing position of this house. A few minutes ago in brussels, the United Kingdoms permanent representative from the e. U. Handed the letter to the president of the European Council on my behalf confirmingi the governments decision to invoke article 50 on the treaty of the European Union. The article 50 process is now underway. In accordance with the wishes of the british people, the United Kingdom is leaving the European Union. This is an historic moment for which they can be no turning back. Britain is leaving the europeank union. We are going to make our own decisions and our own laws. Were going to take control of the things that matter the most. We will take this opportunity to build a stronger, fairer version, country our children and grandchildren are proud to that call home that is our ambition and our opportunity. That is what this governm