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Anna a very good morning, everybody. This is bloomberg daybreak europe. Lets talk about what happened with the Technology Universe and tech stock and into the asia session. Msci asia down, mixed trading but the overall sentiment is one that is negative as some of the Technology Stocks weakness we saw in the u. S. Falling through into the asian session. Fascinating to look at how the session developed yesterday. The markets inching higher early in the day, talk from janet yellen of broadbased growth and then tax cuts coming, lets sell some of those Technology Stocks. That seemed to be the realization that was going on in the market. I know you have more on that. More than 7 billion being lost by tech moguls. Nasdaq futures look to be flat at the moment. Well keep an eye on that for any followthrough. The pound ....
In trouble trying to obey rules. I would lovei would love to get a business license and be happy to pay taxes but i cannot. John Society Needs rules ll. Even enemies want rules before they fight. Rules in a knife fight, no rules. John would america be better off if we had more Rule Breakers . Ne. Lets get the show started. Thats our topic tonight. And now john stossel. John we need some rules. They make life safer and more predictable. When rules multiply, as they have, we are better off when some people break rules and show us new ways to do things. The Wright Brothers did that when they built an airplane. Henry ford when he createden the assembly line, jeff beezus when he created amazon. Entrepreneur mike make outlets decided to honor innovators who defy convention i creating what he calls rule breaker awards and every ....
A member of the president s legal team gave a background briefing in which this person asked for a short session tomorrow in the senate trial as they opened up their rebuttal arguments in favor of the president. The bulk of their arguments on monday when many were people will be polluting into the Television Coverage of it. The members of the legal team saying they are planning an effective rebuttal of what the democrats have been saying all week. As the president s legal team prepares to open his rebuttal tomorrow morning, President Trump this morning complaining about the time slot, tweeting, after having been treated unbelievably unfairly in the house and having to endure hour after hour of lies, fraud, and deception by shifty schiff, crying Chuck Schumer and their crew, looks like my lawyers will have to be star ....
At least 20% of their total income in federal income taxes. the tax would raise, projected to raise 361 billion dollars over ten years. economists gabriel sookman, at the university of california berkeley estimates that the richest person in the world, elon musk would pay and additionally 50 billion dollars on federal taxes. jeff beezus, $35 million, mark zuckerberg would pay an additional 16 billion dollars. joining us now, democratic katie porter of california. she s a member of the house oversight committee and deputy chair of the house progressive caucus. thank you very much for joining us tonight, congressman porter. how will this tax work since it s aimed at wealth as opposed to income? the basic idea here is that billionaires earned income net escaped the organ ....
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