Joining me is jamie hopkins. Hopkins is an associate professor at the American College of Financial Services in bryn mawr, pennsylvania. He teaches estate and retirement planning. Jamie, thanks for being here with us. Jamie hopkins erin, thanks for having me on. Erin all right, lets jump right in. Weve got a couple of tips, and your First Financial rescue tip has to do with holiday gift cash. Lets say you were lucky enough to get 100 from grandma this year. What do you do with that money . Jamie yeah, the first thing i tell people to do, especially around the holidays, is pay off that credit card, right, that you probably spent some money on it, right, buying other people some holiday gifts. So, if you get 100 back, make sure you put that towards things that have the highest interest kind of tied to them, which is almost always your Credit Card Debt. Erin a lot of people may have overspent this holiday season. And when you see that number, its a big number. Is 100 really going to make
Right now, details are limited, but here are the basics. The plan increases the standard deduction and keeps mortgage, interest, and charitable deductions, but it gets rid of many others. The top tax rate drops to 35 , the Corporate Tax rate is slashed, and the plan eliminates the estate tax. With me now is jamie hopkins, he is an associate professor of taxation at American College of Financial Services in radnor. Thanks for being here, jamie. Jamie hopkins thank you for having me, lauren. Lauren so, the president calls this a middleclass miracle. Is this a good deal for the middle class . Are they going to pay less . Jamie so, the reality is this is a tax cut almost for everyone in the us, so from the highest earners, businesses, all the way down. Now, how much of a tax cut it is for each Different Group in the country, thats where the details are going to matter. But it really is a tax cut almost across the board. Lauren are we able to tell at this point what it means for, say, a fam
Victory claimed in the other party. They call it ridiculous. Polands former president tells the country, dont let anyone take away your rights. He was speaking at a day of demonstrations at warsaw by those to those who are in fear of the government taking democracy. Hiking up germanys credentials as a holiday destination from the beaches to the alps. Why germany is expecting a tourism boom this summer. I am sarah kelly, thank you for joining us. And a new threat from donald trump in the escalating war of words with north korea. He was responding after pyongyang vowed to fire missiles towards guam and called trump senile. He had his own words for the regime. Listen in. Donald trump north korea does terms of talking about attack, of anybody that we love or we represent or our allies or us, they can be very nervous. I will tell you why, and they should be, because things will happen to them like they never thought possible. The people of our country are safe. Our allies are safe, and i wi
Wire wiretapping. How does the president turn things around . With me is charlie giroux. He business, government leaders, and politicians. In addition to his work in crisis management, he was the National Campaign chairman for carly fiorina. He worked in the reagan white house. Quite the resume there. We appreciate your time. Great to be with you. Starting off. You have said for the president to turn things around, he needs to do two things. What are those . They boil down to two words. Message discipline. This unfortunately, has gotten caught into going off on rabbit trails all too often. The American People are very smart. But theyre preoccupied. You need to focus on what directly is in their wheel house, what they understand, what they can comp hepd quirehe quickly. Take with them. Repeat to other folks. And you need to have a message that you stay with, and dont divert from. . What happens if he doesnt have a big win in these first 100 days . Is that a big deal . Or doesnt it matte