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
groups or families move their tax rate down from the 35% rate to a 25% rate. we have pending time on that. the tax writers in the house and senate are acutely aware of this issue. you will be seeing language as we deliver more of the details. guys like myself should not be allowed to put their assets into a partnership and reduce our tax liability by 10%. two things about one thing you said this morning and the president said yesterday, you said you koochbcouldn t guarantt no middle class taxpayers would pay more taxes. and because of the details, that is a real possibility. some of the calculations are that some lower income people could see a very small cut of a few dollars or not more than that. so is it a red line for you and the president that all middle class taxpayers under this plan, and the president said that this
first 24 240$24,000 of income, will pay zero on. we re lowering the 15% down to 12%, we re doing things to help that family. we re expanding the parameters for child care. we re really going to move the upper bound to who is eligible for child care up to a substantial higher income level. so that family may be eligible for more and more credits. you have to look at this plan in its entirety. the one thing i would beg you do, don t look at any one piece. that is how we look at tax reform, looking at it in its entirety. a for hllow up on the standardized versus itemized. there are people who say if you dissuade people from item miding, that you will suppress the real estate market because they won t need to use itemized deductio deductions. we re protecting the mortgage interest deduction. and the home builders today came
to 25% rate. we are spending time on that. the tax writers in both the house and senate are acutely aware of this issue. we ve got language on it. you will be seeing language as we deliver more in the coming days. we are acutely aware of that. guys like myself should not be allowed to put their assets into a partnership and reduce our tax liability by 10%. two things about one thing you said this morning. you said that you couldn t guarantee no middle class taxpayers would pay more taxes under the plan. because of the details that you were talking, that s a real possibility. some lower income people could see a small cut of a few dollars or not more than that. is it a red line for you and the president that all middle income taxpayers benefit from the plan. president said yesterday this tax cut would not help him. he said in indiana it would be
mistaking that car for a giant carrot. it caused $6,000 in damages. jon: the car was parked next to the donkey s enclosure. the man could have picked a better parking spot. that does it for us today, america s news headquarters starts sandra: awaiting the start of the white house press briefing on this very busy day in washington. hello, everyone. i m 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.