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Below that of a firefighter or a teacher because their net worth accumulates without taxation. so this does tax unrealized gains, but it puts those resources in a prepayment fund. so once they do sell the capital gains or death as a relation here, that fund capital gains tax they would incur at that time. bret: the wall street journal points out right now the tax is flowing in, that there s a lot of revenue that s flowing in to the government. i will just read a piece of this. washington s record tax windfall in the first five months of fiscal 2022 through february. federal receipts climbed to a remarkable 26% from a year earlier. $371 billion more to 1.8 trillion in five months. individual income taxes rose 271 billion. 38%. 975 billion corporate income taxes rose 31%. we belabor all of these numbers to show that washington is doing fine, thank you. ....
Incentive for mexico to cooperate if the president is going to slap tariffs and punish them. is incentive would be if you don t, do whatever he wants, we are going to there are 370 371 billion dollars i think what mexico sold to united states, last year. you put 25% tariff on that, that is u.s. companies right. u.s. consumers. right. also doing damage to u.s. economy as well as mexico s economy, this is i suicide in my opinion. other thing if you are mexico you just signed a u.s. usmca agreement to redo nafta, you just negotiated steel and aluminum tariffs after much hard negotiations suddenly slapped with this unilateral basis for something, that you that you are not causing those central americans to come to the united states. you have to any domestic ....
Isn t working for the american people. they beat us because they don t play fair. they have higher tariffs than we do, higher non-tariff barriers and this president, it takes courage and vision to stand up to the swamp here. maria: and it takes courage to stand up to china i get that because here is the headline of the morning in terms of china i m reading anicle right now that says china says all trade progress is off if the u.s. imposes these tariffs. are we willing to throw away the relationship we have with china to push tariffs and restrictions on the country? well let s look at the relationship we have with china. we have a $371 billion trade deficit in goods which basically ships off 2 million manufacturing jobs to china every year. that s not so good. we had general mattis talking about the activity in the south china sea with respect to china building up the artificial islands and of course the big ....
Exxon s overall revenue at the time was around $371 billion. meanwhile, the wall street journal this morning looks at tillerson s leadership style at exxon finding his personal relationships were key. we ll turn to business in major changes ahead for yahoo! once the verizon deal takes place. nancy hungerford is joining us live from london. marissa meyer is stepping down and the company is getting a new name. and yahoo! of the old will be a thing of the past. well, that s right. and the new name altaba we have learned will take place as soon as the core business is sold off to verizon. and remember, this is planned for a near $5 billion deal. verizon is still looking at some of the recent data breaches that hit yahoo! before finally completing that deal. but once it goes through, yahoo! s ceo marissa meyer will be stepping down from the board along with five other directors. and again, we need that deal to go through before the changes take place because altaba is ....
Under u.s. sanctions as state sponsors of terrorism. according to securities and exchange commission filings unearthed by democratic research group, exxon did the business through a european-based third party from 2003 to 2005 with $53 million in sales to iran, $1 million to syria, and $600,000 to sudan. tillerson became a senior vice president at exxon in august 2001, rising to president and director in march of 2004 and then chairman and chief executive at the start of 2006. in response, exxon said these are all legal activities complying with the sanctions at the time, and that they, quote, didn t feel they were materl because of the size of the transactions. exxon s overall annual revenue at the time $371 billion. the wall street journal this morning looks at tillerson s leadership at exxon, finding his personal relationships were key to his negotiating style, including his personal relationship with vladimir putin. okay. so richard, what are you ....