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A growing wealth gap. A chinese editor put the question to her. A growing wealth gap. A chinese editor put the question to Herli Wa Nt To Editor put the question to herli want to give our Younger Generation hoped for the future of hong kong. In terms of the economy the hope lies in diversifying the economy so it is not just lies in diversifying the economy so it is notjust Financial Services and tourism, i want more attention on technology and creating quality jobs for people, for young people. Certainly i i know that housing is important. I want to give young people the sense of hope. And, yet, this generation, some of whom in 2014 spent nearly three months on the street protesting for democracy, they may look at you and say that you have been there for the best pa rt you have been there for the best part ....
Sean spicer, would the president be okay with a package with a time line in which the tax cuts would be enacted and people would feel it in 2018 and not 2017. A bit of ambiguity. Heres spicer. Theres two issues. Fiscal year 17 and calendar year 17. For tax purposes, its calendar year 2017 that theyre probably most concerned with. The president as we work with congress will have those details to be able to flush out. Something that they have to work can congress on. President trump dropped news on this whole conversation just moments ago telling reuters in an interview, speaking about the border adjustment tax, which is a big question in this. The president said, and im quoting from reuters here, it could lead to a lot more jobs in the United States. As that article dropped, spicer talked up the merits of it
saying it benefits workers, americans and the economy. Nothing from the white house yesterday, but certainly it appears theyre ....
Fewer people will actually pay tax at that rate. Now, let me tell you what else they want to do. They want to nearly double the standard deduction. 12,000 for individuals. 24,000 for married couples. Thats the justification for raising the lowest tax rate from 10 to 12 that a whole lot of people arent actually going to pay for. The plan also calls for the elimination of the socalled marriage penalty. Raising the tax credit for a child under 17 by a yet to be specified amount. And look for a new 500 tax credit for nonchild dependents. That replaces the idea that you can actually otherwise claim nonchild dependents. In addition, the plan calls for repealing the estate tax. What a lot of republicans call the death tax. This benefits generally speaking the wealthy. It also repeals the Alternative Minimum Tax. At lot of you might say i pay the Alternative Minimum Tax ....