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Those who are at the lower end of the economic scale, and i think thats appropriate. So its middleclass tax relief but heres how it works. The share of federal taxes paid in 2019, which is a year after this is implemented, it starts right away, by the way, so middleclass families are going to get that relief right away. Currently is in the red and then our proposals in the blue. If you make, again, zero to 20,000, its very unlikely that you have income Tax Liability. But some families do and the average is. 1 . If you make 20,000 to 50,000 a year, your share of federal taxes goes down from 4. 3 to 4. 1 , in our bill. If you make 50,000 to 100,000, your share of the federal taxes goes from 6. 9 to 6. 7 . If you make 100,000 or above, your share goes not down. It goes up. From 78. 7 to 78. 9 . The top percent of wage earners in this country, earners, top 10 pay approximately 70 of the income taxes right now. After our bill is passed ....
Talking about the closing bell. Welcome. Im kelly evans and the new york stock exchange. Im bill griffeth. Eight years ago today the s p hit its low point, 666. Discuss that for a while. Diabolical. The market of course has come a long way since then. The s p right now is around 2375. Well look at whats behind the pause going on now. Travel stocks are getting hit as President Trump signed a revised executive order temporarily banning travel into the u. S. From six countries. Snapping its win streak we have the first down day for the hot ipo of last week snap. We have more of whats behind that move today down 8 and 3 4 now. Td ameritrade clients have been selling for eight straight months. Well debate if this is the time to sell as the iphone 8 leaks trickle out. Havent even seen the 7 yet. Well talk about it coming up. Lets start with President Trump. Eamon is at the white ....
And conquer. They split up and wouldnt tell me what they were looking for. Everything has been orderly. And the police have come through a couple of times. And everything is calm and underway. Reporting live on the south side, rebecca. I love it when they have a game plan. And if you are plann some of the folks tonight, chances are the store is already open. Here is a list. Dicks, kohls, sears, target rs and walmart just open at 6 00. Mayfair and south ridge malls are open. The regency mall is closed. The prose of a freeanksgiving m record crowd. 3,000 people coming together with loved ones and strangers to give thanks. Whether in need ofurkey or togetherness, racine Festival Hall is in constant motion. Into family. All different groups of people getting together for one building is wonderful. And we noticed what happened volunteers give up time to sve cook and serve 10 o t serve 100 temperature kansas city and re turkeysreminding ....
Goes. The european markets you ask, how did they fare . Lets take a quick look here. Theyre all in the red, though. Not too bad. As for the tenyear note yield and crude oil, the tenyear note inching up from yesterday and crude below 50 just hanging in there, wti down a little more than 1 . Lets get to our road map this morning. The ecb leaving Interest Rates unchanged and were live in vienna as opec leaders are set for a big meeting on production levels and teslas musk saying we could see an apple car by the end of the decade. Mario draghi holding a meeting now. He said he sees inflation likely to remain low or negative and sees the European Economic recovery proceeding at a moderate but steady pace. Nothing too surprising here, jim. Some are awaiting details on their ability to buy Corporate Bonds kicks in. Perhaps ....