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Transcripts For CNBC On The Money 20160130

The u. S. Corporate tax rate is among the worlds highest, but in a move to lower tax bills, more and more u. S. Firms make merger deals with Foreign Companies and move from the United States to a country with a lower tax base. Its called a corporate inversion. Is that greed or Good Business . Thats our cover story this week. Wisconsin based wisconsin controls and tyco in ireland planned to merge with the company in ireland. While the deal is not only for tax reasons, the move is expected to save 150 million every year. They are part of a trend businesses moving overseas and lowering the tax bill in part because the taxes are 39 , but with deductions and loopholes, few pay that rate. Using inversion, they reincorporate in another country and pay that nations lower tax rate on the income earned there. The largest inversion deal was announced last year to combine pfizer and allergan to ireland with a tax rate of 12. 5 . They are not alone. Theres medtronic that moved to ireland, and burge

Transcripts For WTVJ NBC 6 South Florida Today At 430am 20160204

We have partly sunny skies, but a warm warning, too. Clear from broward, dade, all the way down through the keys. This will be the story for your thursday forecast. Live look outside right now. Mostly cloudy skies, a nice ocean breeze. Remember, its february 4th. Our temperatures this morning at 75 in ft. Lauderdale, 73 in miami, 76 in key west. These close to what our average highs would be, not morningng low temperatures. Its a warm and humid morning. Scattered clouds moving through the area, but not scattered showers. Well keep those in the northeastern gulf today. Well talk about changes for the upcoming weekend. First alert weather on your thursday morning, quiet and dry, lower 70s this morning to the lower 80s this afternoon. Look ahead to the weekend in just a little bit. Right now activity on the roads from kelly. Good morning, ryan, good morning south florida. Around kendall and southwest 117th avenue, that area is partially shut down because of a fatal accident that happened

Road renaming for former supervisor Patricia Paige rescheduled for May 7

Road renaming for former supervisor Patricia Paige rescheduled for May 7
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