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Two fire engines. And heres a live picture from inside the city hall rotunda right now. You can see there, the flagdraped casket as mourners stop to pay their respects and there is a long line to get in. Sky 7 live over city hall showing the crowds. Abc 7 News ReporterAmy Hollyfield is also there. Amy . Reporter hi, jessica. Look at this tribute outside city hall from the fire department. A huge flag hanging between two fire trucks. Its a stunning sight that just takes your breath away when you see it. So does the emotion of the moment once you get inside. Mayor ed lees flagdraped casket arrived at San Francisco city hall just before 7 00 this morning. The men who were with him every day, every moment, during his life as mayor, his security detail, would now serve as his pallbearers. Two were with him monday night when he ....
He says one option is to move away from our state income tax system and instead use a payroll tax system. So a persons income would be reduced by the state tax amount on the front end by an employer instead of paying taxes and deducting it later. He says in any event, we could expect a ballot measure. Chances are we may be looking to take this to the voters because i think its important for the voters to kind of opine on this particular issue. Experts have criticized californias tax system for years, so we asked as long as youre at it, why not propose a full state tax overhaul . Weve had efforts in the last 10, 15 years to look at wholesale tax reform. Its been really hard to just get off the ground. I think what were really looking at is a direct response to this tax scam and seeing if we, can you know, take some of the money that the middle class gave to corporations and bring it back to the middle class. Next now this proposed gop tax law would take effect on january 1st, 2018. Now ....
Street. And today was like many others this year, not spectacular, but lovely and steady. At the end of penultimate trading day of 2017, the dow had notched its 71st record close of the year and has 25,000 in its sights. Also the blue chip average is tracking to end the year with six straight weeks of gains. That would be the first time for that since 1954. Here are todays closing numbers. The dow rose 63 points to 24,837. Nasdaq added ten. And the s p 500 tacked on just about five. 2017 will be remembered as one of the better years for u. S. Stock investors in a generation. Not as good as, say, 95 or 97. Still, 20 or more is nothing to scoff at. But next comes january. And many market pros wonder whether that will the month that some investors book profits, sending the major indexes lower. Landon dowdy takes a look. Reporter as we close out the final two trading days of the year, the dow was higher by 25 year to date. Nasdaq, 29 . The s p at nearly 20 year to date. Will that trend con ....
Hi, happy new year plus the countdown to 2018, thousands in San Francisco getting ready to ring in the new year, but crowds in times square in santa rosa have already said goodbye to 2017. Well, weve got less than an hour to go until the clock strikes midnight. Well go outside, take a live look over the embarcadero. Chopper 5 is above the big crowds ahead of tonights Fireworks Show. Its a partly cloudy night to ring in 2018. We have Live Team Coverage on new years eve and start with kpix5s joe vazquez with the crowd getting ready for the fireworks on the embarcadero. Joe. Reporter they are getting ready, juliette. They are gathering here along the embarcadero as the fireworks will start about an hour from now on pier 14. If you look closely, you can see a lot of gaps in there, a lot of space between people, a really s ....
Toward 680. People all over the world ushered in the new year with fireworks. Heres a look at the celebration. In mexico city, crowds gathered at the angel of independence. In belgium, fireworks lit up the night sky there. And indonesia, hundreds gathered around the fountain to watch the show. And in new yorkcity, hundreds of thousands braved cold temperatures and packed times times square to watch the iconic ball drop. Reporter by the time it hit midnight, temperature had fallen to a bonechilling 10 degrees in new york city. Security was tight around time square, of course. Times square, of course. And undercover officers and snipers monitored the hotels surrounding times square. With all the tops i see around here. And since they keep comingum and down here every few minutes with dogs and everything, i feel pretty secure. So far, so good. No frostbite. I stopped feeling my toes about 30 minutes okay. I dont know if theyre there or not anymore. Its cold. Now, once the party was over, ....