We eliminated it for small business. So now if you love your children, which most of you do but not all, but if you love your children, seriously love them, you can leave your farm, you can leave your small business, you can leave it to your children and they wont have to borrow money. They have no tax so thats good. If you dont love your children, it doesnt really matter. Just disregard the statement. But the death tax or the estate tax as they call it is now gone for your smaller businesses and farms and things, and thats a tremendous thing for your kids, i mean seriously, they were going out borrowing money and borrowing it at tremendous disadvantage. They hadnt borrowed before. Really, its tragic what had been going on. We were able to get that out. Something nobody talks about with respect to what we got in the tax cut and jobs bill. To promote american jobs we lowered the business tax rate from the highest in the developed world to one of the most competitive, one of the lower, o
Office. From fireworks inside the beltway to a slightly more serene scene on wall street. Strong upside action in United Health care, boeing, travelers, mcdonalds, all of these looking really good at this hour for the bulls. Thats heating up the dow 30 at this hour. Its two newbies, pinterest and zoom, that are truly firing up investor sentiment, even if theyre not buying the stock. The social media hobby site and the Video Conferencing company surging in their debuts. Somebodys buying. Can the two newest ipo darlings keep investors coming back for more, and can we close these high levels right now . And revenge of the writers continues. The Writers Guild flipping the script in the hollywood showdown versus talent agents. Bring on the lawyers. The move the wga is now making that was telegraphed right here on countdown just three days ago. Plus, Jpmorgans Jamie Dimon introduces two of his top executives and succession questions suddenly abound over there. Tmobiles big financial play, an