President Trump, in an October 11 speech in Harrisburg, Pennsylvania, focused on the message that his primary goal in pursuing tax cuts and reform is to help middle-class taxpayers. In contrast to Democratic lawmakers’ claims that tax reform efforts by the GOP are geared toward the wealthy, Trump and his administration have consistently said middle-income earners are the focus for tax relief—a stance Trump reiterated Wednesday evening.“Throughout the year, my administration has worked closely with Congress to develop a framework for tax reform that will deliver exactly that—more jobs, higher pay and lower taxes for middle-income families, and for American businesses of all size,” Trump said. “Under our framework, the first $12,000 for a single individual, and the first $24,000 for a married couple, will be tax-free; no tax at all,” he added.Trump criticized Democrats for not including the “zero tax rate” for taxpayers who will pay no tax under his plan, instead only mentioning the proposed three rates of 12, 25 and 35 percent. “Under our framework, we make the zero bracket bigger, and get rid of the 10-percent bracket, and we’re reducing the 15-percent rate down to 12 percent.” Trump also stated that the average middle-class family would see its income increase by $4,000 because of his tax reform plan. He was unclear, however, how much of that estimate was attributed to economic and wage growth triggered by his tax plan and how much of that estimate would be due to direct tax-rate reductions and other tax benefits to middle-class taxpayers.Additionally, Trump said the Republican tax reform framework proposed a $500 credit for adult dependent or elder care, and will “substantially increase” the child tax credit. “We know that by making the individual tax code simpler and fairer, and by making our business tax rates more competitive, we will deliver tax reform that Americans deserve, but which they have not had in over 30 years,” Treasury Secretary Steven Mnuchin said in a statement released after Trump’s speech.House and Senate Democrats remain largely united in their opposition of Republican efforts toward tax reform as outlined by the Trump/GOP Framework. According to Senate Finance Committee (SFC) ranking member Ron Wyden, D-Ore., the Trump/GOP tax plan raises taxes for the middle class. “Not the tax cuts Trump is claiming,” Wyden said in a tweet.By Jessica Jeane, Wolters Kluwer News StaffTreasury Department News Release, TDNR SM-0174Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.
Clean-up continues in northwest Iowa near Doon where 32 Burlington Northern Santa Fe rail cars carrying oil derailed June 22nd.Andy Williams of the railroad now says 10 rail cars spilled 160-thousand gallons of oil.That’s revised down from an earlier estimate that 14 of the 32 cars leaked approximately 230-thousand gallons of crude oil into flooded farm fields, some it making into the Little Rock River.The trains began running again in three days, but Ken Hessenius of the Iowa Department of Natural Resources says there’s lots of clean up left to be done.Audio Playerhttp://kscj.com/wp-content/uploads/2018/07/DERAIL.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC………removal undoubtedly” ;16Hessenius says the conditions around the accident site are making it tough to get right in.Audio Playerhttp://kscj.com/wp-content/uploads/2018/07/DERAIL2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC…… necessary clean up. ;10Flooding is believe to have caused the cars to derail.Hessenius says he’s never had to deal with a spill of oil this large in his 30-year history in northwest Iowa.
met with Wang Xing a few minutes ago, Tencent shares public comment.
survived the winter capital, group purchase website but have changed. Wang Xing suddenly found those who strike violently rivals become familiar with, handle network loss of power in Wu Bo infighting, 24 coupons off the site, Du Yinan Shen Boyang Chen Yizhou sold in the sticky web site, Feng Xiaohai left the full commitment of suning…… The other side of the ocean and the group purchase industry is not too much, Groupon after the earnings announcement, the stock price fell two consecutive times, long time no profit dilemma let us group is suffering in the originator.
In addition to this, today’s group buying industry has been separated from the definition of the definition of the industry in 2010 to buy when the rise of the rise, many buy site will be defined as the local life of e-commerce services
. This change is called the return of the group, there is a saying that this is the most traditional O2O.
likes to climb the mountain Wang Xing found that he is no longer facing the opponent to buy peers, but those who tried to enter the field of Internet giants O2O. In these giant crazy attack, how the U.S. group will protect the original O2O position, in addition to mature restaurants, movie tickets, super will be the object of the group. In addition, life service area of the United States Mission and Tencent how the public comment for the competition? The key problem is that the United States Mission in time is not profitable group purchase, now in the face of these giants of the impact, how long can the capital chain of U.S. support
this year, is the tenth consecutive year of Wang Xing, in the school is not too successful and no meal after the United States, the United States mission to allow Wang to achieve their own value. But in the view of Wang Xing, the United States Mission network is undertaking a new venture.
from thousands to my regiment
Wang Xing rarely left the book, he even bought three Kindle. "Big history", this is the latest reading list on Wang’s name, this book is about the world within the scope of powers alternation, the right to speak in the world from Spain to France and then to Britain, the United States finally to now.
These stories look like
group purchase site of their ups and downs, the group purchase website 24 stamps, a took billions of dollars of venture capital, more than 5000 employees of the company, suddenly died. Such a scene in 2012 to buy the industry is not uncommon, almost all of the group buying sites are suffering in the survival or transformation. Even live in the shuffle a few did not escape the giants. The United States Mission in the start-up time is difficult, not good at change Wang Xingluo behind the handle, rice or even cool group, 24 tickets, this is not a good day. September 2010, the U.S. group received more than $10 million level of venture capital, the source is to give up the Sequoia capital.
but the capital did not allow the United States to become better days of the group, followed by the capital of the winter and the concept of stock risk
Following yesterday’s deadly earthquake and resulting tsunami that hit Indonesia’s island of Java, the United Nations World Food Programme (WFP) is today sending two truckloads of food assistance to the survivors, as estimates of the number dead, injured and missing in the disaster climbed toward 600, with 30,000 others displaced.The aid comes after UN teams were despatched on Monday to the worst-hit areas in West and Central Java and was requested by Indonesian authorities, the agency said, adding that the assistance consists of 15 metric tonnes of high-energy biscuits and micronutrient noodles while two other trucks are on standby.“According to the Indonesia Red Cross, some 256 people have died, 127 are missing and 200 injured by the earthquake and the subsequent tsunami,” the UN Office for the Coordination of Humanitarian Affairs (OCHA) said in its latest situation report, adding that the number of casualties continues to increase and the worst-hit area appears to be the Pangandaran resort town in West Java.Sixty per cent of the 30,000 or so people displaced by the disaster are from the Pangadaran area according to the two UN teams sent to the affected regions immediately after the earthquake hit on Monday afternoon local time, WFP said. Three field kitchens have now been set up in the region and food is being distributed, it added.An earthquake in May that also hit Java killed more than 5,000 people and injured more than 8,000, while parts of the country are still recovering from an earthquake off Indonesia’s Sumatra island in December 2004 that caused a devastating tsunami which killed more than 230,000 people and affected more than 12 countries in Asia.