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As wednesday. that s a week from today. that is very fast pace, brooke. wednesday, phil. i should also point out as we are talking about some of these numbers, the federal reserve raising interest rates now just one notch higher which was expected. third increase this year as the economy is surging. see all the green on the screen. also important to keep your eye on the markets in anticipation. and in wake of the president s speech on this mega republican tax plan. again coming up next hour. watching for that. next here the deputy attorney general, rod rosenstein grilled on capitol hill today. republicans asking is there a political bias within robert mueller s russia investigation? and should mueller be replaced? we ll discuss how he answered that question next. ....
Year. 88% of those who benefit from the salt, make over $100,000 a year. so you can either get the deduction or you can get more of your money back. the reality of it is very simple. disproportionately are those who itemize. seven out of ten folks don t itemize. after our plan, nine out of ten. those who are left are the highest income brackets benefiting one-third more than anybody else. he s wrong. in the state of washington there s about a million people who itemize and about 80% of those people are in a bracket between 50,000 and joint up to 200,000. this is not this uber wealthy. it s about whether we re going to fight for the middle class, ....
Running landscaping crews, anything i can do to bring money in. from what i understand, you were raised by a single mom who had multiple jobs. how is this going to help other single moms if this goes through. yes, ma am. thank you for your work ethic. sounds like you re setting a great example for your kids, sharon. god bless having folks like you in the state. there are a couple ways plans that benefits folks like yourself. number one, we have doubled the child tax credit. it used to be $1,000. now it s $2,000. that s a credit not an exemption, so it s more powerful. when we did our analysis on the bill a single mother with 2000 kids making $41,000 would see her taxes cut by 75% under our plan. with four kids, it s probably going to cut it even more than that. the long story short is you get ....
We basically double the standard deduction for individuals to $6,000 to $12,000. for single parents $9,000 to $18,000 for dual households, $12,000 to $24,000. we help with the earned income tax credit, we repatriot about $2 trill dwrn of foreign profits so we can create more jobs at home. this is plan that we can stand up and be proud about. so can i just add sure. i don t know how you can say this is not a republican plan. this is a republican plan. this is an american plan. democrats have been shutout of the process. 60% of the benefits go to the top 1%. the gentleman asked a good question, why don t we support president trump trying to help the middle class? i would if he were trying to help the middle class rather ....