Overseas profits. So under the new plan that reportedly is emerging, corporations will have a 21 u. S. Tax rate. But if you move your business or company overseas, its zero, not 21 just like today those corporations that move their businesses overseas will have to pay taxes to those foreign governments on the profits they make overseas. But lots of those corporations can shift those profits to parts of the world where theres zero income tax liability. And republicans in the house and senate claim that they solve this problem by going to a minimum tax on certain foreign profits. And heres how our republican colleagues claim they fix this problem. Lets say you have a company that keeps it either has its headquarters or puts its profits in the Cayman Islands. I hope my colleagues will follow this and fix this while theres still time. So you have a 2 million profit in the Cayman Islands. So you pay zero foreign taxes, as the Cayman Islands doesnt have any tax. And of course under this plan
Later, we will focus on yesterdays gop event in ames, iowa. Reaction to your comments of donald trump. We will begin with the effort this past week to reduce prison time for nonviolent offenders. Our phone lines are open and we went to hear from you. 202 7488000 if you support the efforts to ease mandatory prison sentences. If you oppose the idea, the number to call is 202 7488001. Finally for those of you that it had experience with the criminal justice system, heres the number to call. 202 7488002. As always you can send us a tweet or join us on social media and facebook or send us an email at journal cspan. Org. Good sunday morning and thank you for being with us. Many of you weighing in on our Facebook Page and the question were asking. These efforts to ease the mandatory prison sentences. The president , the First Time Ever a prison. He did so last thursday just outside of oklahoma city. From our Facebook Page that is this from kylie says cops are one step away from being a milita
Will it reverse his falling poll numbers . Under fire, Chicago Police releasing these dramatic videos. [ sirens ] Police Body Cameras capturing the scene opening fire on a suspect in this car, eventually chasing him down and shooting the unarmed teenager in the back. The many questions for police this morning. And caught on camera, concert chaos. The moment this fence gave way, fans sent tumbling on top of each other. Emergency crews rushing to the scene. How did it happen . Hey, good morning. It was a night of pageantry and protests in rio where they held the Opening Ceremony for the 2016 summer games. There was Michael Phelps playing the role of flag bearer for team usa, but phelps had to leave a little early to rest up for his first competition, which takes place on monday getting a couple of days rest. Hes already got, you know, 18 gold medals. Hes going to be gunning for more in these, his unprecedented fifth Olympic Games. Hes on a hot streak. While the ceremony took place inside
Will it reverse his falling poll numbers . Under fire, Chicago Police releasing these dramatic videos. Police body cameras capturing the scene opening fire on a suspect in this car, eventually chasing him down and shooting the unarmed teenager in the back. The many questions for police this morning. And caught on camera, concert chaos. The moment this fence gave way, fans sent tumbling on top of each other. Emergency crews rushed to the scene. How did it happen . Hey, good morning. It was a night of pageantry and protest in rio where they held the Opening Ceremony for the 2016 summer games. There was Michael Phelps playing the role of flag bearer for team usa, but phelps had to leave a little early to rest up for his first competition, which takes place monday getting a couple of days rest. Hes already got 18 gold medals and will be gunning for more in these, his unprecedented fifth Olympic Games. Hes on a hot streak. While the ceremony took place inside, look at this, a very different
And whether you are black or white, if you get arrested and charged with a felony crime for doing some things that the last three president s of the United States admitted to doing, if you are arrested for that, tried and convicted and i say tried because with hesitancy because the majority of them are plea bargains as the president knows, if you get convicted of that felony offense for that nonviolent drug offense, the collateral consequences to your life are horrendous. We now live in a nation where the chat rail consequences are profound. The collateral consequences are profund. Time behind bars reduces peoples hourly wages by 11 . Their annual employment by nine weeks, their annual earnings by 40 . It has a powerful economic impact. If a person is convicted for possession of controlled substances, use, they become ineligible for so many benefits that we would often think that we would want these very people to have. They cant get federal education grants, like a pell grant. They ca