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Detailed text transcripts for TV channel - MSNBC - 20190128:18:14:15
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this is armageddon. the crumbs they are giving, a bowl of doggie do, put a cherry on top and college chocolate sundae. nancy pelosi fighting tooth and nail to stop donald trump from putting more money in your pocket and she s in control of the house and wasting no time unraveling portions of the tax overhaul. some colorful talk from nancy pelosi. the reason is quite simple. republicans have control of the senate and the white house so the house is not going to get very much done. however, they are in a good political position because they will be able to make all kinds of proposals and promises for which they never have to deliver on.
so we are just two days away from a knew year which means a new round of tax it. in 2019 i think has a lot of us confused because we don t know what to expect because of the president s tax overhaul. we don t want you to panic. new tax rates don t go into effect until january 21st so a lot of changes will not hit you until 2019 until that return next year. what changes can you make and what can you do now to get ready? joining susus now is a financia planner, chris burns. good morning to you. it s already the 30th. one more day of this year. people can do the next 24, 36 hours to better set up their return as they mail it in at the begin of the year? very little they can do the next day or two. one thing a lot of people don t realize they have until next april to make contributions to a lot of accounts that have a huge impact still on this year. you can make contributions to an
newspapers across the country may have been victims of a cyberattack this weekend. here is what happens. several papers including the l.a. times had trouble getting their saturday editions out at least on time because of the printer malfunction. at one point customer service lines were completely on the fritz. tribune publishing said it found it on their malware on friday. they have gotten little information beyond that. they say the origin attack originated outside the united states but a spokesperson from tribune publishing says that was not it. the tax overhaul officially goes into effect on tuesday. our tax expert will tell you what can you do to capitalize on the changes of the law in the year ahead.
why would it matter, because he said he didn t want to be speaker in the first place. that s what he said. i guess if he wasn t going to run anymore, why not push back? i felt he should have pushed back more. he had every opportunity to. there were times he spoke up, but i felt it should have been stronger. in fact, more of the leadership should have been speaking out more because look what happened in the midterm, simply embracing the president and not condemning some of his incendiary comments, and it didn t go well. it hurt us. all those people who thought if they criticized the president, they would get kicked out of office. maybe the strategy was wrong. allison, it will be a new year for house republicans. are they ready to be the minority, do you think? it s going to be an uphill battle. speaker ryan did accomplish a lot of things when he was here. the tax reform bill has some positive aspects, the first major tax overhaul in 31 years.
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