And im not talking hairstyles. Donald trump will present his tax plan today. Big cuts are expected. Will it make multinationals bring their huge foreign cash piles back to the us . And ahead of south koreas election, we hear from Whistle Blowers On The Culture Of Corruption which brought down that countrys president. Welcome to World Business report. Im aaron heslehurst. If you have about eight minutes, i promised to give you a fascinating snapshot of the world of business and money. Lets start in the us. Shaking up the tax system has been a major theme of the trump administration. Today hes promising what he describes as A Big Announcement on his planned reforms. In fact mr trump has already said hes planning what hes called maybe the biggest tax cut weve ever had. Take a look at this. During the campaign he talked about cutting the top individual tax rate from 36. 9 to 25 . In terms of business, he wants to cut the Corporate Tax rate from 35 to 15 . Mr trump has also proposed chargin
Trumps tax cuts and those french elections. Riding the wave of the Foodie Revolution. Celebrity chef mark hix will be with us to talk, food, fads and investment. Today, we want to know is cash your king . A survey says a third of us would rather pay digitally, do you still carry cash or is contactless the future . Let us know. Just use the hashtag bbcbizlive. Cash, rachel. Always carry that with you. I shouldnt say that. I dont have any cash on me shaking up the tax system has been a major theme of the trump administration. Today hes promising what he describes as A Big Announcement on his planned reforms. In fact, mr trump has already said hes planning what hes called maybe the biggest tax cut weve ever had. During the campaign he talked about cutting the top individual tax rate from 36. 9 to 25 . In terms of business, he wants to cut the Corporate Tax rate from 35 to 15 . Mr trump has also proposed charging american firms a one off tax ofjust 10 on money they bring back to the us fro
punish. bret: setting up to the state of the union tuesday. some big things are happening now. you obviously will have a focus on what s happening in ukraine and the world response to that. but now you have the cdc, loosening guidelines on mask mandates. and just in time for tuesday. you also have today a big announcement, historic announcement of the nomination of the first black woman to the u.s. supreme court. just moments ago the president tweeted outs his call to judge brown jackson. take a listen. hello? judge jackson? yes. this is joe biden. how are you? [gasp] i am wonderful. how are you, mr. president? well you are going to be more wonderful. i would like you to go to the supreme court. how about that? sir, i would be so honored. i m honored to nominate you. i am just so, so overwhelmed. well, you deserve it you deserve it. and we are so, so grateful, thank you, mr. president.
martha: cooler heads are prevailing as the temperature rises in washington over the capitol hill dress code. speaker paul ryan was refusing to let women wear sleeveless dresses and open toe shoes during the dog days of summer. the unwritten rule was never his idea, a long-term policy generated a lot of heat. earlier this week martha makes valley defy the rules by wearing a sleeveless dress on the house floor, and today a big announcement from speaker ryan. the decorum is important. a dress code in the lobby, the chamber, makes sense. we actually don t need to bar otherwise accepted contemporary business attire. look for a change. martha: business casual. no one knows what it is. here now the fox and friends cohost, you can also hear him on
today a big announcement from jeb bush. he formed a political action committee that will let him raise money before a potential run for president. his group is called right to rise. and his mission statement seems strangely familiar. the group says millions of our fellow citizens across the board, middle class, feel as if the american dream is now out of their reach. where have we heard that before? the middle-class families folks losing their homes, losing their jobs losing their savings. all pushing that american dream a little further out of reach. must be a coincidence. what else does jeb push pac say? quote, the playing field is no longer fair or level. hmm, how about that. give us a level playing field, we will not lose.