quote, loans made to trump s children were actually loans or just gifts disguised as loans for the purpose after voiding gift taxes. of the committee also flagged some of trump s tax writeoffs and whether he had payments from the personal life as business expenses. i those included trips on his private jet and $70,000 paid to style his hair. as for why the claims were not audited they kruted lack of resources. the los angeles wrote that they wanted to explore other options rather than risk worsening trump s pre-existing animosity for the irs. hunter biden is stacking up his legal team amid on going federal tax probe in preparation for republican led investigations in the house of representatives. biden has hired abby lowell, an
report explaining use of conservation easements were used for tax writeoffs, you have a question of intent. but there s a strong paper record it would seem suggests there was devaluation going on for some purposes and appreciation of the value of certain properties in others. seems like there s a pretty good paper record here. maybe that might be enough to put some questions before a jury, but if everything is going to turn, elly is right. you need someone to turn tale like michael cohen did. more michael cohen, fewer webays. take that inspiration for trump s legal critics, you want it to be one way, but it is the other way. but it is the other way. and it keeps being the other way. and it is not just in new york state with trump, it is inside
yes, 48 no. vice president mike pence claiming the jobs bill is ready for the president s signature. the long-anticipated white house review. what s in it? i have a few bullet points that will help you along. this reduces the corporate tax rate to 21%. down from 35. if you are making between say 49 and 86,000 you ll get a tax cut, $930. families earning 86 to 149 even better, just over 1800 dollars. it s not all good news, however. many democrats pointing this out. a lot of these tax cuts could sunset by 2026 unless congress does something in the meantime. and the state and local tax writeoffs will decrease and that could hurt a great many people who live in areas on the coast. so next it is off to the hill for that vote and a big legislative victory for both the president and indeed the speaker of the house. i ve been working on this
go or go on hiring freeze. so it actually hurts the economy. it doesn t help it. jon: isn t idea to get more people in positions where they don t have to make minimum wage. where the contribution to society is such that it is worth a lot more money to them? you re exactly right. but with this administration, with democrats in the senate, you will have a pat he will here for 2014. i think now with more of the affordable care act taxes, actually being enacted and less tax loopholes for small businesses, tax writeoffs, i think that you re going to see that more people will vote conservative. we know what is best to do with our money than big brother government. raising the minimum wage, while nobody in purpose, actually hurts the economy. it doesn t help the economy and it raises the unemployment rate. jon: angela mcglowan, fox news political analyst. we ll see how it plays out in the november elections. thanks, jon. jenna: this next story is going to sound very familiar to or
so those businesses that are crying foul, explain to what it is they have to lose and also how would an crews the board, 35% tax on corporate profits hurt them? meanwhile, those in favor, how would they benefit? here is the thing, let s just start with this, the public needs to know, and i think they do, that the u.s. tax code is messy. it s complicated. the discourse and discussion that they re having now about how to work within the tax code and maybe alter the tax code is a great narrative to have. now, the businesses that could be hurt by a flat tax of, say, 35% corporate tax are businesses that have an effective tax rate that is currentsly lower than that 35%. so they have tax call it loopholes or tax writeoffs that they benefit from that puts their effective tax rate lower than that. so a 35% tax rate could increase their taxes and hence, take away