Code. This is not the end of the story. While the president has endorsed it, he still need Senate Republicans to get on board. Here to talk to us about where they stand in the specifics, Laura Davison, a reporter with bloomberg tech, and mike debonis from the Washington Post. Thank you for being here. Lets start with the major changes, what do you think they are. To begin . E it is touching virtually 100 of the american economy, every taxpayer will be affected. For individuals, the structure of the tax bracket, most but not all will be in the lower bracket. People take a standard induction will get a larger standard deduction. Many of the credits and deductions people are used to taking will be eliminated. On the business side, for a lower tax rate going from 35 to 20 flat. We refer to as passthroughs, passes through to individuals. Theyre are eligible for a new, lower tax rate. A whole lot of Little Things around this bill that are having an effect on peoples lives. Electric vehicle t
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Prosecutors told a New York federal judge Thursday that the United Arab Emirates' effort to leverage its relationship with former Trump adviser Thomas Barrack to get former Rep. Stephen Stockman appointed as U.S. ambassador to the UAE failed after the congressman was arrested on unrelated charity fraud charges.
An effort by the United Arab Emirates to convince the United States with the help of a wealthy real estate investor to name former congressman Stephen Stockman as U.S.