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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20171112

Reform this week. In the business section, you lay out graphic. Megan we took a close look at the house plan. It is a serious attempt to implement major changes to the u. S. Tax structure. But also there is so much at stake politically. It is fascinating that a year after the election, we are now getting to what republicans universally say is the real thing that they have to get, tax reform. When anyone tries to get this done, there is a reason why it has failed in the past. The u. S. Tax code is so complex and there are so many vested industries and people and sectors and special Interest Groups that relied on parts of the tax code that in a normal, Intelligence System you would have not had in there. What is fascinating about the house tax plan is how much that it raises the deficit which has long been anathema for republicans. But also to make the numbers work, how much they look at smaller, limited parts of the code that will make a difference. Julia it is ok when you add those pie

Transcripts For BBCNEWS BBC News At Five 20200219

Scheme will work. The other main stories on bbc news at 5. New details on the future status of prince harry and meghan. The couple will return to the uk to carry out six official engagements next month. The family of Caroline Flack releases an unpublished social media post she wrote days before she died, saying herfuture had been swept away. Hundreds of passengers are released from a cruise ship quarantined off japan for over two weeks as more people on board test positive for coronavirus. And 500 years since the death of the artist, raphael. Well have exclusive access to the Sistine Chapel as it prepares for a hanging of his tapestries. Its five oclock, our main story. People who want to come to the uk who are low skilled or low paid wont be able to get a work visa under the governments plans for a new points based immigration system. The scheme will apply equally to people from inside and outside the eu, from nextjanuary, after the end of the brexit transition period. Many industries

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