Unemployment report but the idea they can goose it, everybody gets a tax cut, were exploring that now with charlie gasparino, mike murphy and last but not least dagen mcdowell. Is this thrown out there, dagen, lower the top right. I dont know how likely that is. The senate plan would bring it to 38. 5 , what do you think . Because im a nerd, i carry this around. This is an editorial in the wall street journal from the other day how to help the hightax states, about that very thing, calling for lowering of the top tax rate. In the senate bill, its 38. 5 . In the house bill, its 39. 6 , but actually because of that onerous additional rate for those making north of 1. 2 million dollars, its 35. 6 . There is the gap, we climb to that. Exactly. How do you offset taking away the state and local Tax Deduction without truly punishing higher income workers. You lower the top rate. Thats how you do it. If you take away the major deduction for them. How about the republicans not punish work . How
Honoring Martin Luther king jr. All eyes , he did not respond to a single shouted question about comments made in the oval office in which sources say he referred to haiti and african countries as best whole countries, a pg version of all this. Keep in mind the white house does not deny those comments were made, donald trump did take to twitter to clarify at least if you want to call it that how he sees it. Here where his tweets, the language used by me was tough but this was not the language used was what was really tough was the outlandish proposal made, a big setback for daca. Speaking of haiti he said never said anything derogatory about haitians other than haiti is a very poor and troubled country. A wonderful relationship with haitians, and trust. At this meeting, handful of different lawmakers presenting a proposal for daca. Dick durbin, one of those inside the meeting, the conversation surrounded temporary protected status for some in the United States, the conversation turned
The dow continues well into the record territory about 17 gain this year. This would be the 1000point climb this year. A lot of people paying attention to that. Many are worried that has all the makings of what they call it melts up. That isnt necessarily a bad thing, but does with stocks moving up, ive come up that theres got to be at least a a shortterm come out. As noise happen either by the way. This whole runup has been won without a substantial correction let alone the bear market retreat. Of course next march we look at a nineyear bull market. Well keep an eye on that. Also an eye on the nfl meetings going on in about 15, 30 minutes tops. Roger goodell and the other members will come out and they seemed eager and we are told at this point that it looks like they let players continue to do that. How that factors in for declining ratings and revenues and whether fans will be happy with the middle ground position that isnt clear. Anyones guess. Connell mcshane in the middle of that
Merry christmas to each and all. This week president elect sending yet another message to big business. His Holiday Season no less its not about you. He seems to be saying. And in the case of government contractors, more like the taxpayers funding you. Something the democrats should like to hear. And should make them more open to presumably addressing sacred spending cows of their own. So it got me wondering, it happens sometimes, if this is part of Donald Trumps art of the deal to get democrats making deals with him. To Charles Payne, charlie gasparino, along with ben stein and jessica. Adam, kennedy at a rally right now so they couldnt join us. Charles payne, do you, and i think theres a certain brilliance to this and im wondering if im layering the intentions a bit more than i should, but it has the right effect, right . It certainly has the right effect right now with all the names that you just mentioned. Listen, heres the thing. First of all, hes taking on sacred cows of the repu
Right track . David, its fine to do more coordination. You can usually do that with an email or a phone call and tell the bureaucrats to get off their duffs and Work Together. If theyre curious about not funding terrorists, cut iran off from the world banking system, do the same with individual banks in pakistan and elsewhere and cut off various individuals we know who are bad guys. Theyre basic steps, but iran is the big one. If theyre not doing that, theyre not serious. In addition to iran, i think steve is absolutely right, but in addition to that, theyre still getting a lot of money from oil, about 500 million a year. We have had attacks on these oil supplies, but not enough, and there are also a lot of people in the region that are funneling money to them, right, some of our supposed allies . I think every administration going back to at least the first George Bush Administration knows but doesnt really talk about the fact that saudi arabia and qatar, their governments are financi