39 Burst results for "Tax Credit"

Fresh "Tax Credit" from San Diego's Morning News with Ted and LaDona

San Diego's Morning News with Ted and LaDona

00:49 sec | 6 hrs ago

Fresh "Tax Credit" from San Diego's Morning News with Ted and LaDona

"Give a thon at 802 58 oo seven or go to Radi Foundation daughter Work slash give a thon. Hey, it's Ted here for solar tech. This is the perfect time to be talking to you about solar Sylar take based right here in San Diego. And you may have had your power interrupted these last couple of days. It might still be out. I'll tell you what if you had solar, you won't have to worry about any of this. You wouldn't have to worry about rolling blackouts, wildfires and public safety power shut offs. You know that causes power to go out for extended periods of time. Think about, you know. Just sitting there without any power without any refrigerator. Uh, you know anything like that, so you can minimize your reliance on the utility. Secure your home with reliable, seamless backup power. You could be eligible for solar tax credits..

Radi Foundation TED San Diego
Fresh update on "tax credit" discussed on Wisconsin's Morning News with Gene Mueller

Wisconsin's Morning News with Gene Mueller

00:37 sec | 8 hrs ago

Fresh update on "tax credit" discussed on Wisconsin's Morning News with Gene Mueller

"Does sports at 7 15 Fox kind likely won't hit its goals for hiring and, in turn, be eligible to get state credits in the next three fiscal years. The Department of Administration says it thinks Fox Khan will fall well short of hiring and production goals that were set into stone in 2017. When then Governor Scott Walker's administration agreed to pay the company nearly $3 billion in tax credits to bring their headquarters to Racine County. At the time Fox concept it would invest, invest up to $10 billion and create more than 13,000 jobs. A few fans will doubt the stands at Lambeau Field Sunday, when the Packers host the Eagles, 500 of them, They'll be family members invited to take part in covert 19 protocols as the team monitors how concession stands and bathroom usage work..

Fox Khan FOX Department Of Administration Lambeau Field Governor Scott Walker Packers Racine County Eagles
Fresh update on "tax credit" discussed on The Afternoon News with Kitty O'Neal

The Afternoon News with Kitty O'Neal

01:03 min | 18 hrs ago

Fresh update on "tax credit" discussed on The Afternoon News with Kitty O'Neal

"Kfbk Now trending where a mask for 100 days. That's what President elect Joe Biden will ask everyone to commit to after he's sworn in We'll make it mandatory on planes and bus isn't federal buildings, he told CNN. He feels it's best way to battle the explode. Exploding surge of coronavirus well, much of California appears headed for another lockdown. Maybe soon. Thanks to that big surgeon covered 19 case is likely to happen in a matter of days as our region's or ICU capacity continues to diminish. Magic number is 15% in the I C U K P case, Tim Lance goes further in depth on exactly what that means. All right, So right now Kitty Governor Gavin Newsom's new Stay at home order, as you have just said, and as we've been reporting will be triggered on Lee by the number of intensive care unit beds in five regions His team has carved out once and on Lee. Once the ICU bed capacity falls below 15%. Three week lockdown will kick him but not for 48 hours, although in the actual order it says 24 hours. That's not what the governor said today. None of the regions including Sacramento have hit that benchmark yet. But as King, he said, they are expected to soon. Most of these four out of the five we anticipate as early is the next day or two. As earlier rather as late as the next week or so that the Greater Sacramento Northern California regions as well. A San Joaquin Valley in Southern California regions will have reached that 15% or less. I see you capacity on Lee, the Bay Area region is likely to hold off until the middle of this month when the region is placed in the stay at home category. The bars, wineries, personal services, hair salons, and the like, would be Library closed for that three week period. Those sectors that will remain open in this new criteria includes schools and also critical infrastructure as well. And it's only gonna be the school's kitty that have already got that waiver that allows them to have in person teaching. Okay and other businesses like what about restaurants? Right? So here's what the governor is saying. Restaurants open continue to be opened for take out and deliver it, but no sit down dining, whether it's indoors or out. Doors. If there's a lockdown and what this is the holiday season. What about retail stores afraid they're just gonna have to adjust occupancy 20% capacity. What we want to avoid is concentrating. Just enlarge box retail too much of concentrated retail activity that actually would induce more mixing not less, and Newsome says the state is going to be doing Maura for businesses along the lines of the Sales, tax deferral and other financial lifelines that he mentioned earlier this week. $100 million Main Street tax credit. I will encourage folks to take advantage of this for one reason. One reason alone as $100 million in just in the last 48 hours, you can see on the bottom of this slide. Almost 2500 businesses have already applied, and that represents close to 21 Billion of the $100 million. In tax credits $1000 per qualified employees tax credit on up to $100,000 for each business employer. But it does seem likely kiddies. You said that new restrictions here we're going to make holiday shopping. Maura difficult for businesses and customers. Okay, well, 10, people are looking to the vaccines to see some sort of return to normalcy. What is the latest? The governor says a three tier priority plan's been created to get doses, two essential health care professionals. And to some, in some cases, the people that they care for, but he's also emphatic that nobody with wealth or power is going to be allowed to jump the line and get the vaccine before the most need, including communities of color and low income communities. All right, keep the case. Tim. Lance. Thank you. Thank you, Kitty. 6 20 is our time, Traffic.

LEE Tim Lance Kitty Governor Gavin Newsom Sacramento Maura Joe Biden California CNN President Trump Newsome San Joaquin Valley King Bay Area Northern California Southern California
Fresh update on "tax credit" discussed on Steve Sanchez

Steve Sanchez

00:47 min | 18 hrs ago

Fresh update on "tax credit" discussed on Steve Sanchez

"You can keep your health plan, and none of the above was true. So how does the American people even believe that Joe Biden can put forth a healthcare plan that will work for all Americans. And I don't know about you. But We care of these out of pocket maximums of $8550 for a family of one person in a family and $17,100 for a family. How many people could actually afford that as well as pay premiums this year. Once again, my wife was in the hospital. We get a round of pocket maximum for her. So for the second straight year, we've had paid about $25,000 between health care costs and premiums and I don't know about you, but I can't afford it every year and I'm fortunate I could pay now. But what happens when we don't have the money? My our income is enough where we can't afford to get tax credits from the government and the only people that can get tax credits or people who make less than 200% of the federal poverty level where they can get up. Hmm. Oh, we have limited access to care. They're getting they get a tax credit. Big deal The plans think and try to get into a doctor. Have you tried to get into a factor lately? So.

Joe Biden
G.M. Accelerates Its Ambitions for Electric Vehicles

KNX Afternoon News with Mike Simpson and Chris Sedens

00:58 sec | Last week

G.M. Accelerates Its Ambitions for Electric Vehicles

"Motors tells the governor they'll join with California man supporting the state's rights to set its own clean air standards and doing so G M dropping its support of the Trump administration's lawsuit against California. Ivan jury have edmunds dot com says GM had resisted the automotive future. But the future is now here. You know the naysayers initially, and they kind of dabbled and electric vehicles earlier decades early, even They just didn't see it. No, that's not their fault. I mean, they just didn't have the right policy was the wrong time and know things of that nature. But really, with Tessler coming around, showing that You could make TV's you could make things like customers actually want them. They weren't just compliance cars and vehicles being bought on tax credit alone or cheap leases that it really turned the tide. GM has switched sides to support California's a mission and fuel economy standards. Along with Ford, BMW Honda Volkswagen, There are at least a dozen other automakers who continue to support the administration's lawsuit.

Trump Administration California Tessler Motors GM Ivan Honda Volkswagen BMW Ford
GM Drops Support For Trump Administration Lawsuit Against California Clean-Air Standards

KNX Afternoon News with Mike Simpson and Chris Sedens

00:58 sec | Last week

GM Drops Support For Trump Administration Lawsuit Against California Clean-Air Standards

"Motors tells governor news and they will join with California and supporting the state's right to set its own clean air standards and doing so. GM is dropping its support of the Trump Administration's lawsuit against California. Ivan Jury of Edmunds dot com says GM had resisted the automotive future. But now that future is here, the naysayers initially and they kind of dabbled in electric vehicles earlier decades early, even They just didn't see it. No, that's not their fault. I mean, they just didn't have the right policy was the wrong time and know things of that nature. But really, with Tessler coming around, showing that you could make the V's You could make them sleep. Customers actually want them. They weren't just compliance cars and vehicles being bought on tax credit alone or cheap leases that it really turned the tide. GM has which science to support California's ovation and fuel economy standards. Along with Ford, BMW, Honda and Volkswagen. There are at least a dozen other automakers who continue to support the Trump Administration

Trump Administration Ivan Jury GM California Tessler Motors BMW Volkswagen Honda Ford
Wrigley Field to get federal landmark status

KCBS Radio Morning News

00:32 sec | 2 weeks ago

Wrigley Field to get federal landmark status

"New kind of Chicago Wrigley Field is being given that role landmark status in the national registrar of Historic Places It will give The Cubs. Owners of federal income tax credits ballpark refurbishing Wrigley underwent a major refurbishing about a half decade ago. The park is 106 years old. Second oldest in the majors behind Ben, Wait there roughly 2600 such historic landmarks in the U. S, including Fenway

Chicago Wrigley Field Cubs Wrigley Fenway
What Economy Are You Voting For?

Planet Money

06:47 min | Last month

What Economy Are You Voting For?

"Pandemic policy ease economic policy. So let's make the first thing we discuss what is Joe Biden's pandemic policy as it relates to his economic policy. Sure. So Joe Biden is very much focused on containing the corona virus. Yes. He wants badly as any of us do for there to be a vaccine and pharmaceutical companies to stay at work on that but he also is saying look until then make sure that we have the virus as reigned in as possible, and here's a line actually from his website. That really struck me says, Biden believes we must spend whatever it takes without delay to meet public health needs and deal with the mounting economic consequences i. mean he's really saying one can't happen before the other you can't have the economy bounced back without corona virus at least to some degree really hemmed in. So to do that, he's encouraging a lot of. Things like mask wearing that sort of thing more testing. But one other thing he has said is that the CDC Centers for Disease Control needs to come out with clear guidance for states and localities on. Okay. Here's what you should be opening and when based on how Corona virus looks in your area. So of Corona virus is really bad maybe you shouldn't. Have Schools Open right now indefinitely, not restaurants or concerts or whatever. But if things are looking better, maybe you can open schools. But what he's saying is this is not necessarily an all or nothing thing but we need clear guidance from scientists on exactly what to down in one. So it's fair to describe this as a somewhat detailed approach as opposed to. Thinking of it in binary terms like everything locked down or everything stays open, it's an attempt to find out. Okay. What are the details that matter and then let's apply those on a situation by situation basis right I mean the way he makes it sound as nuance, but also to some degree simple or at least clear like, yes, there might be gracious between. States, but we at least want to give states some sort of guidance on exactly what they could or should be doing in one. Let's go on to the second part of his economic policy agenda that we're talking about here, and this has to do with Joe Biden's proposed spending programs, which are a lot higher than say what Donald Trump is proposed. So why? Don't we get into that what? What is Joe Biden proposing spending money on? All right. So the umbrella that he has put all of these policies under he is calling build back better. Well, I've heard better alliterative strokes of genius but fine we'll stick with that build back better and what's in that this isn't about marketing card if this is about economics so. The first is manufacturing making sure that there are more manufacturing jobs and he's clear on this. He wants them to be unionized manufacturing jobs. And also to make sure that there are supply chains here in the US to make sure people can get the goods they want, which is something that we have seen laid bare a bit by Covid number two green infrastructure. So yes, he wants to build roads and bridges the way that we think of infrastructure pretty traditionally, but he also wants to make sure that lower pollution methods of transportation for example, are encouraged like light rail's in cities, electric car production, that sort of thing. Three racial equity. Close some of the really gaping economic gaps that we have between races and ethnicities in the country and I know you guys have reported on this on your show the very big for example, unemployment gaps between black Americans and white Americans also Hispanic and Asian Americans there are some huge gaps there likewise the big wealth gaps and finally caregiving he wants to make sure that people are able to get quality and affordable care for their kids and also for their older relatives when they need it. Yeah that. One's interesting Tesla Memorial. The approach to cure giving that Joe Biden is pursuing here sir, and this is really a of course important right now because Kovic has shown us as we're all staying home and his kids are not at school that caregiving is a really important for people to be able to do their jobs and participate in the economy, and in fact, we've seen people falling out of the workforce because they didn't have access to childcare and elderly care. Yes. Most definitely. So what Biden is proposing? Is Pretty ambitious I mean what he wants to do is universal pre-k available to all kids. He wants there to be higher pay for childcare providers. He wants them to be able to unionize collectively bargain and he wants to grow the number the supply of childcare establishments around the country to make sure people can get that childcare aside from that in terms of spending and making it more affordable. He wants to make sure there are refundable tax credits to low and middle class families to help them. Pay For childcare. So that's a lot of stuff and child care. I know you know it's a complicated thing to make sure everybody can get it to make sure there's enough that it's high quality that it's affordable. So it's a tough needle to thread, but this is his attempt at doing that. Okay and let's get to the third part of the agenda, which is sort of the flip side of the spending, which is where are the tax revenues to pay for some of this spending gonNA actually come from. People in corporations moon that's it. We're done next on you. Okay. So it's not gonNA come from middle income or lower income folkston is what Biden missing right so what he wants to do is raise taxes for households with incomes above four, hundred, thousand dollars a year limit their deductions, and also he wants to increase the top corporate income tax rate from twenty one percent where it is now to twenty eight percents. Now, president trump, you'll remember lowered these. Taxes with the tax cuts and jobs act that big tax bill that Republicans passed in twenty seventeen. So Joe Biden is saying look I wanNA roll a lot of that back I want to change things back now. So in terms of those income tax changes. Yeah. That would overwhelmingly, of course, the highest income people. There is some question about what the corporate tax plan would do I mean how much that would be knocked on if at all to. People at the lower end of the income spectrum, it's possible that it would be to some degree but again, you compare it to those income tax changes in it's nowhere near what a change those would be essentially looking at the last four years in saying I'm undoing some of this and I'm putting in place the agenda I prefer instead of the one that president trump has preferred, right? Yes. Now listen we're laying out all of these economic plans here's. What Joe Biden wants to do would do in his perfect world has theoretical I get everything I want world. But of course, he won't get everything he wants he can't. Okay. But what's your priority in violence cases are going to be green jobs? Is it going to be this tax plan is going to be childcare what does he do? I decide to spend all of his power on

Joe Biden Donald Trump Corona President Trump Cdc Centers For Disease Contro United States Tesla Memorial Kovic
What Is Trumponomics?

The Indicator from Planet Money

06:29 min | Last month

What Is Trumponomics?

"What is Donald Trump's proposed pandemic policy going into a second term right? So we talked yesterday about how Joe Biden is very much focused on containing the virus Donald Trump on. The other hand is very much focused on vaccines and treatments for the virus. So he has said that he wants to begin distribution of a cove in nineteen vaccine by the end of this year and a number he has put out there is to have three hundred million doses available by January twenty, twenty one. Now that is a lofty goal and of course it. is very dependent on weather pharmaceutical companies. Scientists are able to come up with test and approve of vaccine and then produce it on that scale hundreds of millions of doses. So this is the thing he wants, but it is not entirely under his power and he's been kind of de emphasizing the role of the federal government when it comes to containing the virus. Right and leaving it more to state governments Donald Trump has very much been focused on states. No best governors and state legislatures know best what they should be doing to control the virus in their states. I'm in Washington I I don't know what you need in Nebraska. So the Nebraska Governor, for example, hypothetically should be the person to be calling some of these shots. Also he has been very much attacking Joe Biden's and some other Democrats. Willingness to say look some places, some businesses some schools might have to close down to contain the virus Donald Trump has taken a very you've got to live your lives. We have to have the economy open sort of approach that's the rhetoric he's been using. Okay. Let's go on to the second part of the president trump economic agenda, which is about job creation. As a big policy goal especially in the next year what's going on there right. So he set a very ambitious goal of ten million jobs in ten months. So if you can imagine ten straight jobs, days of a million jobs, a piece or something that averages out to that was great. Yeah. Yeah. Let's let's do it. And by the way, we are down by roughly ten million jobs from where we were pre pandemic. So what he's saying is in ten months, get back to normal but the question is how this is a lovely idea but it's not entirely clear how we would get there. Now one thing he has said, he wants to offer tax credits to manufacturing companies that bring jobs back from China, but that would not get us anywhere near ten million now in addition I reached. Out To. The White House to ask, okay, what else is on the docket and a spokesman got back to me and he largely pointed to past policies saying, for example, lower taxes, deregulation trade policies, and the relief packages already passed laid good groundwork for future growth to happen. So in other words before the pandemic, the economy was going great and I did that. So I think I can just get us back again is a line of logic that he is often using now. There are a lot of flaws to that logic questions that raises for example, should the president get full credit for that? I mean Arguably no long debate long. But yes, he has a very big lofty goal here but not a clear map to get to that goal. Yeah. I, WanNa point out something kind of interesting here though because the president has administration is campaign have talked a lot about lower taxes tax credits tax policy but he did sign into law the multi trillion dollar cares act he has been negotiating. With Democrats in the House of Representatives over a multi trillion dollar new stimulus package, and it's actually the Republicans in the Senate who have said that they don't WanNa. Spend that much more money but the president himself has said that he would be willing to do a big deal he would be willing to spend. Yes. That's true and when you look at. The different numbers put out there between Senate Republicans, the White House and House Democrats. There is a lot of daylight and even then even if it were just the White House in House Democrats, there are also some gaps there in terms of what House Democrats want and what the White House doesn't want. But yeah you in all three of those parties and. They haven't been able to reach a deal and you and I. Both Know American people are very much hurting right now, high unemployment people still on unemployment and needing money to buy the basics. Let's go to the third and final part of the economic agenda that we're going to discuss here, which is trade wars. Trade wars have been a big dominant part of. President Trump's rhetoric and of his actual agenda throughout his first term I suspect we would be seeing more of the same in second-term. Yeah. That's exactly right I mean trump has said that he plans on continuing to used tariffs specifically against China in his second term as he has this term and so the question is what exactly would that do and what would it induced because we did sign that trade deal with China. In February the phase one trade deal thus. Far from the numbers we have China is not on track, meet the commitments it made to buying US goods in areas like agriculture for example, this was a deal that happened after both China and the US had raised tariffs on each other, and then in exchange for lowering some US tariffs, China agreed to buy some US products but so far it's not on pace to actually by as much those products as they said, it was going to. Yeah but on top. Of all of this, there are complicating factors. One is that trump has very much been demonizing China. When it comes to corona virus, he keeps calling it the China virus and thanks to the effect of China needs to pay for its role in Corona virus spreading all over the world. So you can imagine how that might make trade talks in the future much tougher is need. I would imagine exactly that I would add one more point here on the topic of. China and it's that there has been broad agreement bipartisan agreement for a while that yes China has been engaging in unfair trade practices in all sorts of ways. So trump may have the diagnosis right that yeah we need to do something about China's trade practices but the question is whether he has the solution the cure right here in terms of tariffs tell you what l. been so great to have you on our show these last days. Thank you so

President Trump China White House Joe Biden Nebraska Senate House Of Representatives Federal Government Washington United States Wanna L.
What Is Bidenomics?

The Indicator from Planet Money

07:12 min | Last month

What Is Bidenomics?

"Three parts of Joe Biden's economic policy agenda with Danielle Kurtz Laban reporter on NPR politics team. Then now here's where I want to start. You said something interesting to me recently, which is for both of these candidates pandemic policy ease economic policy. Let's make that. The first thing we discuss what is Joe binds pandemic policy as it relates to his economic policy. Sure. So Joe Biden is very much focused. On containing the corona virus yes. He wants as badly as any of us do for there to be a vaccine for pharmaceutical companies to stay at work on that but he also is saying look until then make sure that we have the virus as reigned in as possible, and here's a line actually from his website that really struck me it says Biden believes we must spend whatever it takes without. Delay to meet public health needs and deal with the mounting economic consequences. I mean. He's really saying one can't happen before the other you can't have the economy bounced back without corona virus at least to some degree really hemmed in. So to do that, he's encouraging a lot of things like mask wearing that sort of thing more testing but one other thing he said is that the CDC centers. For Disease Control needs to come out with clear guidance for states and localities on. Okay. Here's what you should be opening and when based on how Corona virus looks in your area. So of Corona virus is really bad. Maybe you shouldn't have schools open right now indefinitely, not restaurants or concerts or whatever. But if things are looking better, maybe you can open schools but what he saying is this is not. Necessarily an all or nothing thing but we need clear guidance from scientists on exactly what to close down and one. So it's fair to describe this as a somewhat detailed approach as opposed to thinking of it in binary terms like everything locks down everything stays open. It's an attempt to find out. Okay. What are the details at matter and then let's apply those on a situation by situation basis, right? I mean the way he makes it sound as nuance, but also to some degree simple or at least clear like, yes, there might be gradations between states but we at least want to give states some sort of guidance on exactly what they could or should be doing in one. Let's go on to the second part of his economic policy agenda that we're talking about here, and this has to do with. Joe Biden's proposed spending programs which are a lot higher than say what Donald Trump is proposed. So why don't we get into that? What? What is Joe Biden proposing spending money on all right. So the umbrella that he has put all of these policies under he is calling build back better now I've heard better alliterative strokes of genius but fine we'll stick with that build back better and what's in that This isn't about marketing. This is about economics. So okay the first is manufacturing making sure that there are more manufacturing jobs and he's clear on this. He wants them to be unionized manufacturing jobs and also to make sure that there are supply chains here in the US to make sure people can get the goods they want, which is something that we have seen laid bare a bit by Cova. Number two is green infrastructure. So yes, he wants to build roads and bridges the way that we think of infrastructure pretty traditionally, but he also wants to make sure that lower pollution methods of transportation for example, are encouraged like light rail's in cities, electric car production, that sort of thing. Three racial equity he wants to close some of the really gaping economic gaps that we have between races and ethnicities in the country and I know you guys have reported on this on your show. The, very big for example, unemployment gaps between black Americans and white Americans. Also Hispanic and Asian Americans. There are some huge gaps there likewise the big wealth gaps and finally caregiving he wants to make sure that people are able to get quality and affordable care for their kids and also for their older relatives when they need it and that one's interesting. Tell us a little bit more about the approach to caregiving that Joe Biden is pursuing here sir, and this is really of course important right now because cove has shown us as we're all staying home as kids are not at school, that caregiving is important for people to be able to do their jobs and participate in the economy. In fact, we've seen people falling out of the workforce because they didn't have access to childcare and elderly care. Yes. Most definitely. So what Biden is proposing is pretty ambitious I mean what he wants to do is universal pre-k available to all kids. He wants there to be higher pay for childcare providers he wants them to be able to unionize to collectively bargain. And he wants to grow the number the supply of childcare establishments around the country to make sure people can get that child care aside from that in terms of spending and making it more affordable he wants to make sure there are refundable tax credits to low and middle class families to help them pay for childcare. So that's a lot of stuff and childcare I. Know You know it's a complicated thing to make sure everybody can get it to make sure there's enough that it's high quality that it's affordable. So it's a tough needle to thread, but this is his attempt at doing. Okay and let's get to the third part of the agenda, which is sort of the flip side of the spending, which is where are the tax revenues to pay for some of this spending to actually come from higher income people incorporations room. That's it. We're done. That's not okay. So it's not gonNA come from a middle income or lower income folkston what Biden is saying, right so what he wants to do is raise taxes for households with incomes above four, hundred, thousand dollars a year, limit their deductions, and also he wants to increase. The top corporate income tax rate from twenty one percent where it is now twenty eight percents. Now, president trump you'll remember lowered these taxes with the tax cuts and jobs act that big tax bill that Republicans passed in two thousand seventeen. So Joe Biden is saying look I, WanNa roll a lot of that back I want to change things back now. So in terms of those income tax changes yes that would overwhelmingly, of course effect the highest income people there is some question about what the corporate tax plan would do I. Mean how? Much that would be knocked on it all to people at the lower end of the income spectrum. It's possible that it would be to some degree but again, you compare it to those income tax changes in it's nowhere near what a change those would be essentially looking at the last four years in saying, I'm undoing some of this and putting place the agenda I prefer instead of the one that president trump has preferred, right? Yes. Now listen we're laying out all of these economic plans. Here's what Joe Biden wants to do would do in. His perfect world has theoretical I get everything I want world. But of course, he won't get everything. He wants he can't. Okay. But what's your priority in Biden's cases are going to be green jobs is going to be this tax plan is going to be childcare. What does he do? I decide to spend all of his power on right you've got to prioritize because you're not going to get everything you might not get anything you are true right? Yeah. But in speaking with you today tomorrow I am getting everything I want what a pleasure

Joe Biden Donald Trump Corona Danielle Kurtz Laban CDC United States NPR Reporter Disease Control President Trump
Spread of Electric Cars Sparks Fights for Control Over Charging

John and Ken on Demand

02:48 min | Last month

Spread of Electric Cars Sparks Fights for Control Over Charging

"Talk about the electric vehicle tax credit he proposes because people think electric cars are the ultimate panacea this. Yeah I mean and and you know you live in California. They've just decided they're gonNA fight all the fires with with electric cars in two, thousand, thirty, five, the reality of course. Yes. Electric cars are good I mean if you own a tesla and if you can afford one actually a fun beagle drive, it also cuts some few too but you need to get a sense of proportion. So he's proposing to at least get back seven, thousand, five, hundred dollars per vehicle, and of course, California throws in another two, thousand, five, hundred dollars and there are many other. tidbits fundamentally spending that much money on a vehicle that over its lifetime will cut ten tons of to. You could've bought that reduction in the north east of trading system for sixty bucks spending ten thousand dollars for something you could have bought for sixty bucks but the bad deal why do electric cars only save a little bit of carbon dioxide? So. It's do things partly, you think that each vehicle emit lots and lots of carbon dioxide over its lifetime it'll probably emit somewhere between twenty and thirty tons. So you can't save more than twenty or thirty times. Now, a lot of people then also believe that electric cars essentially serum mission vehicle. That's true when they're driving. But of course, when you charge them, you will typically charge them with electronics. At least partly from fossil fuels, also the battery is not much more energy consumption of it takes a lot more energy to produce. That's why most electric cars actually do not. A break even in their carbon emissions before they've run somewhere between. Fifty and one hundred thousand miles. I've heard the reality game that you'd have to keep your electric car for quite a few years before you hey, off the carbon. Debt of just. Building the battery. Yes and that, and that's true and again we're going to do this better and of course, we'll be to produce these with less intensive energy use and so on. We'll get better this but the fundamental point is this is not what's GonNa solve warming and certainly paying an enormous. For almost no benefit is a really bad idea. The International Energy Agency head told us a couple of years ago. People think electric ours are going to save the planet. They're wrong they. They just sent that that was the quote and the point is, yes, it's GonNa be a tiny bit not very much. Can

California International Energy Agency
Wisconsin says Foxconn's scaled-back factory won't get tax credits

America's Morning News

00:36 sec | Last month

Wisconsin says Foxconn's scaled-back factory won't get tax credits

"In Wisconsin has told Foxconn Technology Group that it won't qualify for billions of dollars in state tax credits unless it strikes a new deal for a scale back factory complex. State officials have told Taiwan based Fox Constance last year that it wouldn't qualify for the tax credits without revisions to the 2017 contract, given that the scope of the envisioned factory has been reduced. President Trump Herald of the original idea As a deal, I should say, is a sign of revitalized American manufacturing. The letter sent Monday from the state to Foxconn set this new factory can't get state tax credits unless the original contract is

Foxconn Technology Group President Trump Herald Fox Constance Wisconsin Taiwan
Wisconsin says Foxconn's scaled-back factory won't get tax credits

10 10 WINS 24 Hour News

00:11 sec | Last month

Wisconsin says Foxconn's scaled-back factory won't get tax credits

"Rejected Taiwan based Foxconn Technologies request for tax credits for a factory in the state. It says the company fell far short of promises it made three years ago. Bloomberg

Foxconn Technologies Bloomberg Taiwan
House passes new stimulus package

Mark Levin

00:49 sec | 2 months ago

House passes new stimulus package

"Than two months after the last Kobe 19 relief funds expire, the House passed a new stimulus package. $2.2 trillion measure would reinstate the federal bump up in jobless benefits, extend paycheck paycheck protection for small businesses and send direct payments again to millions of Americans, and it probably won't go anywhere. But another measure. Molly House Speaker Nancy Pelosi, says she's optimistic about a bipartisan deal despite negotiations still being quote way off, were helpful that we can reach agreement. Because they need the American people are so great. There has to be a recognition that it takes money to do that. Pelosi says The two sides are still far apart on state and local funding and child tax credits, but or close to agreeing when health provision and aid for small businesses faith a booby. ABC NEWS Washington

House Speaker Nancy Pelosi Kobe ABC Washington
2020 presidential debates: Timing and topics for Trump and Biden

Morning Edition

03:13 min | 2 months ago

2020 presidential debates: Timing and topics for Trump and Biden

"Trump and Democratic presidential nominee Joe Biden will debate for the first time tonight. This is the first of three presidential debates. This one comes right after the New York Times came out with its big investigation of Trump's taxes. He reportedly paid very little federal personal income tax for years as he claimed massive business losses We should say NPR has not independently examined the tax records that the Times has. But these revelations do set the stage for tonight's debate in Cleveland, and that is where we find NPR political correspondent asthma. Holland asked. Good morning. Good morning, David. So how do we think these these taxes in The New York Times reporting a factor Internet Well, David, I should point out that we have not yet heard anything from Joe Biden in regards to this story. So tonight is really our first chance to hear his response. And I anticipate he will find a way to bring it up. If the moderator doesn't bring it up first. And I say that because you know his campaign has been trying to capitalize on this. They you know, instantly within hours had You know, we're selling merchandise T shirts buttons in regards to this. It also fits into a broader narrative that the biting campaign has been trying to talk about, which is Scranton versus Park Avenue. This idea that Joe Biden's for the Common man and Donald Trump is for the ultra rich, But I will say, you know, no matter how this story comes up tonight, we can also anticipate President Trump. Defending himself, either by saying the story is fake news or that he is smart and entitled to tax credits. Like other people, I mean, just think about this year and within our country and what the world has been through there is so much to bring up in the moment an evening like this, Surely the pandemic is something that will be discussed at lane. From what what else do we expect? It will definitely the pandemic. Other topics include the economy, election, integrity, race and violence trumps in Biden's records and, of course, the Supreme Court. Over the weekend, President Trump announced his nominee to the Supreme Court Judge Amy Cockney Barrett, and it appears he has the Republican votes to confirm her. So what I'll be interested to see is how Biden confronts this issue. You know, he has been trying to tie this to health care since Judge Barrett has criticized past rulings upholding the affordable Care act. And also I mean, such interesting timing here on estimated million voters have already cast votes this election season. I mean, does that changed the meaning of tonight of the steaks in some way? I've had such an interesting question, David, right? I mean, polls have shown President Trump trailing. So I will say that even though many people have voted, there are still many, many more people who will likely vote. And so we will expect to see President Trump kind of seek out opportunities, toe altered at the trajectory of the race. He has shown in 2016 that he is an unpredictable and forceful debater. And Joe Biden has said that you know really tonight to be successful. He just needs to tell the truth. But President Trump is a TV entertainer who has kind of a loose definition of the truth. And I am curious how that might change the parameters of the debate. I will say we have an extremely polarized electorate. There are not that many undecided voters. So how people respond to this debate, and I will also say how, if at all? They respond to The New York Times Reporting on President Trump's tax returns are too big. New wild cards in this race

President Trump Joe Biden The New York Times Supreme Court David Judge Amy Cockney Barrett NPR Scranton Cleveland Holland
What to expect from the first Biden-Trump debate

NPR's Story of the Day

03:19 min | 2 months ago

What to expect from the first Biden-Trump debate

"President trump and Democratic presidential nominee Joe Biden will debate for the first time tonight. This is the first of three presidential debates. This one comes right after the New York Times, came out with its big investigation of trump's taxes. He reportedly paid very little federal personal income tax for years. As he claimed massive business losses, we should say NPR has not independently examined the tax records that the times has but these revelations do set the stage for tonight's debate in Cleveland, and that is where we find NPR political correspondent. asked me. Good Morning Good Morning David so how do we think these these taxes in the new? York Times reporting will factor in tonight. We'll do they should point out that we have not yet heard anything from Joe Biden in regards to the story. So tonight is really our first chance to hear his response and I anticipate. He will find a way to bring it up if the moderator doesn't bring it up I and I say that because you know his campaign has been trying to capitalize on this they. Instantly within hours had you know we're selling merchandise t shirts buttons in regards to this. It also fits into a broader narrative that the Biden campaign has been trying to talk about, which is scranton versus Park Avenue. This idea that Joe Biden's for the common man and and Donald, trump is for the ultra rich but I will say no matter how this story comes up tonight we can also anticipate president trump defending himself either by saying the story is fake news or that he is smart and entitled to tax credits like other people I mean just think about this year and wouldn't our country and what the world has been through. There is so much to bring up in in a moment and evening like this. Surely, the pandemic is something that that will be discussed at length. What else do we expect? Yeah. We'll definitely the penick other topics include the economy election integrity race and violence trump's in Biden's records, and of course, the Supreme Court weekend president trump announced his nominee to the Supreme Court judge. Amy Barrett and it appears he has the Republican votes to confirm her. So we'll be interested to see is how Biden confronts this issue you know he has been trying to tie this to healthcare since Judge Barrett has criticized past rulings upholding the affordable care act? And I such interesting timing here an estimated million voters have already cast votes. This election season I mean, does that change the meaning of tonight of the stakes in some way I think it's such an interesting question David right I mean polls have shown president trump trailing so I will say that even though many people have voted there are still many many more people who will likely vote and so we will expect to see president trump kind of seek out opportunities to alter the trajectory of the race He has shown in two thousand sixteen that he is an unpredictable and forceful debater and Joe. Biden said that really tonight to be successful he just needs to tell the truth but president trump is a TV entertainer who has kind of a loose definition of the truth and I am curious how that might change the parameters of the debate. I will say we have an extremely polarized electorate. There are not that many undecided voters sue how people respond to this debate. And I will also say how if at all they respond to the New York Times reporting on President Trump's tax returns are too big new wildcards in this race I know it's going to be a long night. Thanks to you US Monday the whole political team for all the work. Tonight. Thanks for having me

Donald Trump Joe Biden New York Times President Trump David York Times Judge Barrett NPR Supreme Court Scranton Cleveland
Trump faces questions about tax avoidance ahead of first debate

Morning Edition

03:48 min | 2 months ago

Trump faces questions about tax avoidance ahead of first debate

"Come. It will be President Trump and Democratic nominee Joe Biden on the debate stage tonight for the first time, right? This is the first of what will be three presidential debates. It comes right after this massive investigative report in The New York Times about President Trump's taxes. First we learned the president paid very little federal personal income tax for years as he claimed a massive business losses. And in a second story, The Times details the role that the Apprentice TV show played in Trump's life. The reality show, according to The Times, was a lifeline for Trump, who was struggling to keep his business is afloat. And we should say NPR is not examined Those tax returns independently. But the revelations about Trump's finances will likely be an issue at tonight's debate, which is taking place in Cleveland, Ohio, and that is where we find NPR political correspondent as my colleague as my good morning. Good morning. So in the wake of this reporting, I mean, what are you expecting to hear about the president's taxes as we go into this, this first debate Well, I will say, David, We have not yet heard anything from Joe Biden on this story, and so tonight is really our first chance to hear his response. I anticipate he will find a way to bring it up if the moderator doesn't bring it up first, And I say that because Biden's campaign was quick to capitalize on this story. You know, just sheer hours after it broke his campaign put together this online video comparing what it says are average taxes paid by teachers, firefighters and nurses to the $750. The New York Times says Trump paid in 2016 and 2017. The campaign also released a calculator where you could compare what you paid in taxes to the president, and it's all over all fits into this broader narrative that Biden has been trying to play up the past few weeks. He's been saying that this election is really about Scranton versus Park Avenue, where Joe Biden is looking out for the working man. And in his you Trump is the candidate for the ultra rich elite. I will say, though no matter how this comes up tonight, I think we can anticipate hearing possibly two lines of defence from the president, either that this story is fake news or that he is smart and entitled to tax credits. Like other people. I'll. Surely we're also going to hear the president defending his record on handling the pandemic. I mean, Joe Biden has tried to make that such an issue. We've reached a million deaths more than a million deaths around the world that's sure to come up. I mean, talk us through. How that will come up on DH, whether other topics we'll be hearing about it. Well, the pandemic will certainly you're right Come up. Chris Wallace of Fox News is anchoring, And he's released a list of topics, which also include the economy, election, integrity, race and violence. Trump and Biden's records and, of course, the Supreme Court. Over the weekend, Trump announced his nominee to the court Judge Amy Tony Barrett, and it appears, you know he has the Republican votes to confirm her. So what I'm interested in is how Biden confronts this issue are you know arguably, you would assume by trying to tie it to health care. Since Judge Barrett has criticized past rulings upholding the affordable Care act. Interesting timing for this debate, right means the first debate asthma, but an estimated million voters have already voted in this election. So does that make the stakes different somehow, you know, I think that's a really valid question, David. What I will say is that you know there are still a lot of people left to vote, and polls have shown President Trump trailing so I would anticipate he's going to try to, you know, change up the race. In some ways, I will say he is an unpredictable kind of forceful debater. Somebody who is a TV entertainer with a loose definition of the truth. And Joe Biden has been saying that his strategy to debate the president is to just tell the truth. So it'll be interesting how this all shapes up what I will say David is, we are an incredibly polarized moment of politics with not a lot of undecideds. All right.

President Trump Joe Biden The New York Times David Judge Amy Tony Barrett NPR Chris Wallace Ohio Scranton Cleveland Supreme Court Fox News
The IRS is auditing Trump's questionable $73 million tax refund

KCBS Radio Overnight News

02:34 min | 2 months ago

The IRS is auditing Trump's questionable $73 million tax refund

"Since Richard since Richard Nixon Nixon not to not release to release his his tax returns. tax returns. And now we And now we may have may some have idea some idea why. why. Here is CBS Here is CBS news correspondent news correspondent Ben Tracey, Ben Tracey, who said who the president said the president responded responded yesterday yesterday to the bombshell to the bombshell report report by The New York by The Times New York Times by calling by calling it it fake news fake news today he's today he's trying to trying justify to justify how he's how handled he's handled his taxes. his taxes. President President Trump is Trump not is answering not answering questions questions about tax about records tax records He's long He's long tried to conceal tried to conceal in a bombshell in a bombshell report report The New York The New Times York obtained Times obtained tax return tax data return data covering more covering than two more than decades. two decades. It shows It shows President President Trump Ages Trump Ages $750 $750 in federal in federal income income tax tax in 20. in 20. 16 and 16 2017 and 2017 the same the amount same amount a single a adult single adult making about making $18,000 about $18,000 widow widow and in 10 and in of 10 the 15 of the 15 years before years before that, that, he paid he nothing paid nothing because his because business his business is lost is lost so much money. so much money. The The Biden campaign Biden campaign turned the tax turned the revelations tax revelations into an ad into an showing ad what showing average what Americans average Americans pay. pay. The Times The Times report report contradicts contradicts Mr Trump's Mr billionaire Trump's billionaire business business guru image, guru image, and they paid me and they 213 paid me 213 million. Many million. of his Many of businesses, his businesses, including including golf golf courses in courses hotels in hotels report losing report large losing amounts large of amounts money. of money. The president The president also also Used tax Used deductions tax deductions to fund to his fund lavish his lavish lifestyle, lifestyle, writing off writing expenses off expenses for housing for housing aircraft, aircraft, You're fired You're fired and even and $70,000 even $70,000 in hairstyling in hairstyling for his TV for his appearances. TV appearances. It's total It's fake total news fake news On Sunday, On Sunday, The president The president denied denied the report. the report. He defended He defended his use his of use depreciation of depreciation and tax and credits tax credits in a pair of in a tweets. pair of tweets. Mr. Trump Mr. Trump has long has claimed long there's claimed nothingto there's nothingto hide in hide his tax in his returns tax returns while refusing while refusing to release to release them. them. I look forward I look forward to introducing to introducing that that I look forward I to look releasing forward to releasing many things. many I'm things. going to release I'm going to many release things many things and people and will people be really will be shocked. really shocked. The documents The documents obtained obtained by the time by the time show the IRS show the IRS is auditing is auditing a questionable a questionable $73 $73 million tax million tax refund, refund, the president the president claimed claimed and could and now be could forced now be forced to pay back to pay with back interest. with interest. The records The records also show also Mr show Mr Trump took Trump in $73 took in $73 million million from foreign from foreign deals. deals. During his During first his two first years two in years office in office and is now and facing is now facing hundreds hundreds of millions of millions of dollars of dollars in loans in loans Coming due. Coming due. This president This president appears tohave appears tohave over $400 over $400 million million in debt in for debt 20 for Whatever 20 it Whatever is it is Million dollars Million dollars in debt in debt to home to home different countries. different countries. What is What the leverage is the leverage they have? they So have? for So me? for me? This is a This national is a national security security question. question. According to New According York to Times New York These Times tax These tax documents documents suggest suggest that Ivanka that Ivanka Trump was Trump paid was $750,000 paid $750,000 in unspecified in unspecified consulting consulting fees fees while while she was an she employee was an employee of the Trump of the Organization. Trump Organization. How those payments How those payments could have helped could the family have helped the reduced family reduced its overall its overall tax bill tax bill that has been that has been Tracy Tracy and and

President President Trump President Trump Mr. Trump Mr. Trump Trump Organization Mr Billionaire Trump Ben Tracey The Times New York Times Richard Nixon Nixon CBS New York Tracy Tracy Biden Ivanka Tohave IRS The New York
Donald Trump 'paid $750 in federal income taxes in 2016 and 2017'

World News Tonight with David Muir

04:40 min | 2 months ago

Donald Trump 'paid $750 in federal income taxes in 2016 and 2017'

"We begin tonight with that bombshell report on President trump at his taxes the election just thirty six days away now, and this is the most extensive reporting yet on the matter reporters at the New York Times revealing, they have examined eighteen years of president trump's taxes eleven of those years they report president trump paid no federal income taxes at all and the year he won the White House they say he paid seven hundred fifty dollars in federal income taxes the same the following year. That's about the same amount of American worker earning twenty thousand dollars a year pace federal income taxes seven hundred, fifty dollars. The Times points of those eleven years in which trump paid no federal income taxes at all and the Times also reporting that the president is hundreds of millions of dollars in debt more than four, hundred, twenty, million, they say in debt that could come do over the next four years if he's elected leading new questions, who is that money Oh to? Of course, all of this just twenty four hours before the first face to face debate between president trump and Joe Biden here's our chief White House correspondent Jonathan Karl leading off tonight. On the eve of the first presidential debate, the American public is getting what's been described as the first detailed look at one of Donald Trump's most closely guarded secrets, his tax returns in its Blockbuster Report The New York Times reviewed detailed information on nearly two decades. Worth of trump tax returns. The details are startling trump paid no federal income taxes at all in eleven of the eighteen years they review. Twenty sixteen the year he won the White House trump reportedly paid only seven hundred and fifty dollars for a first year in office. He again paid just seven hundred, fifty dollars seven hundred fifty dollars is roughly the federal income tax bill of someone who makes twenty thousand dollars a year at the White House the President insisted the Times report was not accurate well, first of all, I paid a lot a lot of state income taxes too but state and federal income taxes are two different things the president built his brand and his campaign on being a business genius with the MIDAS touch have great business sense I made a lot of money and I had great success. So I've had great success by the way really successful but the Times reports the trump businesses including his golf courses and resorts are actually awash in red ink. His Washington hotel reportedly lost fifty five point five, million dollars since it opened for years ago his foreign ventures according to the Times are among the few that have actually made money since he became president more than seventy, three, million dollars some of the most profitable countries with authoritarian leaders including the Philippines and Turkey when trump ran for president the first time he insisted he was loaded with money and had almost no debt whatsoever anybody I don't need that very interesting. I'm so liquid I don't need that and if I need but the Times reports the president is actually drowning in debt including more than four hundred, twenty, one, million dollars that could come do over the next four years the paper noting that if trump is reelected quote, his lenders could be placed in the unprecedented position of wing whether to foreclose on a sitting president today the president tweeted he has very little debt compared to the value of assets. He has repeatedly said his tax returns are under IRS audit it's. They've been underwater for a long time. The IRS does not treat me. Well, the newspaper reports the IRS is in fact investigating a seventy two point nine, million dollar tax refund the president received in two, thousand ten and whether he took improper deductions, the times found trump took tax deductions for money spent on his lavish lifestyle including seventy thousand dollars on hairdressers during his time on the apprentice and more than ninety five, thousand dollars for vodka trump's makeup artist. The President says he is entitled like everyone else to depreciation and tax credits. Refused to turn over his tax returns but he's also bragged about his ability to avoid paying taxes. The only years that anybody's ever seen where a couple of years when he had to turn them over to state authorities when he was trying to get a casino license and they showed he didn't pay any federal income tax so. Eight zero that means zero for troops. The Biden campaign points out that most voters do pay taxes releasing an ad today highlighting working class people who have paid more federal income tax than the self described. In the White, house.

Donald Trump President Trump The New York Times White House Joe Biden IRS Chief White House Corresponden The Times Jonathan Karl Midas Washington Turkey Philippines
Trump paid no income taxes in 10 out of 15 years beginning in 2000

World News Tonight with David Muir

04:40 min | 2 months ago

Trump paid no income taxes in 10 out of 15 years beginning in 2000

"Begin tonight with that bombshell report on President trump at his taxes the election just thirty six days away now, and this is the most extensive reporting yet on the matter reporters at the New York Times revealing, they have examined eighteen years of president trump's taxes eleven of those years they report president trump paid no federal income taxes at all and the year he won the White House they say he paid seven hundred fifty dollars in federal income taxes the same the following year. That's about the same amount of American worker earning twenty thousand dollars a year pace federal income taxes seven hundred, fifty dollars. The Times points of those eleven years in which trump paid no federal income taxes at all and the Times also reporting that the president is hundreds of millions of dollars in debt more than four, hundred, twenty, million, they say in debt that could come do over the next four years if he's elected leading new questions, who is that money Oh to? Of course, all of this just twenty four hours before the first face to face debate between president trump and Joe Biden here's our chief White House correspondent Jonathan Karl leading off tonight. On the eve of the first presidential debate, the American public is getting what's been described as the first detailed look at one of Donald Trump's most closely guarded secrets, his tax returns in its Blockbuster Report The New York Times reviewed detailed information on nearly two decades. Worth of trump tax returns. The details are startling trump paid no federal income taxes at all in eleven of the eighteen years they review. Twenty sixteen the year he won the White House trump reportedly paid only seven hundred and fifty dollars for a first year in office. He again paid just seven hundred, fifty dollars seven hundred fifty dollars is roughly the federal income tax bill of someone who makes twenty thousand dollars a year at the White House the President insisted the Times report was not accurate well, first of all, I paid a lot a lot of state income taxes too but state and federal income taxes are two different things the president built his brand and his campaign on being a business genius with the MIDAS touch have great business sense I made a lot of money and I had great success. So I've had great success by the way really successful but the Times reports the trump businesses including his golf courses and resorts are actually awash in red ink. His Washington hotel reportedly lost fifty five point five, million dollars since it opened for years ago his foreign ventures according to the Times are among the few that have actually made money since he became president more than seventy, three, million dollars some of the most profitable countries with authoritarian leaders including the Philippines and Turkey when trump ran for president the first time he insisted he was loaded with money and had almost no debt whatsoever anybody I don't need that very interesting. I'm so liquid I don't need that and if I need but the Times reports the president is actually drowning in debt including more than four hundred, twenty, one, million dollars that could come do over the next four years the paper noting that if trump is reelected quote, his lenders could be placed in the unprecedented position of wing whether to foreclose on a sitting president today the president tweeted he has very little debt compared to the value of assets. He has repeatedly said his tax returns are under IRS audit it's. They've been underwater for a long time. The IRS does not treat me. Well, the newspaper reports the IRS is in fact investigating a seventy two point nine, million dollar tax refund the president received in two, thousand ten and whether he took improper deductions, the times found trump took tax deductions for money spent on his lavish lifestyle including seventy thousand dollars on hairdressers during his time on the apprentice and more than ninety five, thousand dollars for vodka trump's makeup artist. The President says he is entitled like everyone else to depreciation and tax credits. Refused to turn over his tax returns but he's also bragged about his ability to avoid paying taxes. The only years that anybody's ever seen where a couple of years when he had to turn them over to state authorities when he was trying to get a casino license and they showed he didn't pay any federal income tax so. Eight zero that means zero for troops. The Biden campaign points out that most voters do pay taxes releasing an ad today highlighting working class people who have paid more federal income tax than the self described. In the White, house.

Donald Trump President Trump The New York Times White House Joe Biden IRS Chief White House Corresponden The Times Jonathan Karl Midas Washington Turkey Philippines
Trump's tax returns show detailed look at reported income

Noon Report with Rick Van Cise

00:23 sec | 2 months ago

Trump's tax returns show detailed look at reported income

"On his taxes, he tweeted that it's part of a long running fake news media attack on him. The Times reported that Mr Trump has paid virtually no income taxes over the last two decades. Mr Trump insisted that he has paid many millions of dollars in taxes but was entitled like everyone else to depreciation and tax credits. The glass fire incident in Northern California now 11,000

Mr Trump Northern California The Times
Trump paid $750 in US income taxes in 2016, 2017

Morning Edition

00:27 sec | 2 months ago

Trump paid $750 in US income taxes in 2016, 2017

"Is staunchly defending himself against accusations from critics who say the Republican evaded paying his fair share of taxes. For well over a decade. Today, Trump says he paid many millions of dollars in taxes but was legally entitled to depreciation in tax credits. The New York Times reported that Trump had for years claimed heavy losses from his businesses and that he paid Just $750 in federal income taxes in 2016 and again 2017 well

Donald Trump The New York Times
"tax credit" Discussed on WBBM Newsradio

WBBM Newsradio

01:56 min | 1 year ago

"tax credit" Discussed on WBBM Newsradio

"Tax credit and extends the research and development tax credit Kyle Seymour is president and CEO of S. and C. electric and says this will help training and development are key to our efforts to attract and retain the very best the apprenticeship tax credit provisions of this bill recognized the critical role of a skilled and trained workforce plays in the success of the manufacturing company governor says it's important to crank out skilled workers to replace those who are retiring and the staff up new businesses at the Illinois capitol Dave doll newsradio one oh five point nine FM the suburban casino betting on expansion governor Pritzker signs the Illinois gaming expansion bill in late June giving reversed because you know the right to add up to eight hundred more gaming positions and this plane's an increase this large would mean physical expansions for the building and its garage on top of construction the casino would also be required to pay a licensing fee of twenty four million dollars the daily Herald reports rivers casino will be working with the Illinois gaming board to determine how much can be done in a short time frame Rachel Pierson newsradio one of five point nine FM in the end the governor called it was announced the tales of three public hearings a state commission will hold this month as it examines Indiana's teacher pay gap the commission and its a visor counts are tasked with providing recommendations all common the General Assembly in Indiana prior to the twenty twenty one legislative session on how to achieve competitive compensation for teachers in the state of Indiana Audie has issued a recall the problem affects a system that's designed to protect children in the front passenger seat by de activating the airbag if it doesn't detect the weight of an adult in this case corrosion on a cable can cause permanent the activation of the airbag you will see a warning light no injuries or accidents have been reported portage of killer in Detroit the Bloomberg report next WB a new stuff.

Kyle Seymour president and CEO Pritzker Indiana General Assembly Detroit C. electric Illinois daily Herald Rachel Pierson Bloomberg twenty four million dollars
"tax credit" Discussed on WTMJ 620

WTMJ 620

01:43 min | 3 years ago

"tax credit" Discussed on WTMJ 620

"That we have had our beefs about a certain portions of it and the overall umbrella about the message that it sends and very quickly some of the things that we don't like we don't like the fewer taxpayers will be footing the bill we believe that that's we we believe that's the wrong way to go a overall that having a fewer number americans carry it is just wrong uh we don't like the deficit portion of it because there isn't going to be uh in in our opinion if the raise will be the first to say hurrah but you're not going to see spending cuts that match with the sad to the deficit and republicans should not be adding to the deficit that's that is wrong we disagree with the child tax credit uh and we disagree with we've disagreed with the original child tax credit we deal disagree with the refund ability of it and we disagree with that because we don't believe that it should be a that the uh uh a uh that end that that history is stopped welfare program that we should be handing out cash if you wish to have a welfare system which we do have in this country it should be run under one department you shouldn't have the stealth welfare program that increases cash in the tax system and gives cash to people who don't pay any taxes right uh let's the call it what it is let's discuss it and have that debate and then if we as the country uh choose another of us agus support that than they go that direction through a different department right bundit according as woman mettler it's a refund ability of the child tax credit that is our biggest problem with the tax credit by that.

tax credit
"tax credit" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:41 min | 3 years ago

"tax credit" Discussed on WNYC 93.9 FM

"Two one two four three three nine six named thiel or if you want to share your thoughts on the tax plan to until four three three wnyc that's two and two four three three nine six nine two heather let's talk about low income americans specifically how do they faremo most of the conversation has been around middle class americans well the um the majority of the tax liability that low income americans uh face is in sales tax and state and local tax and so there really isn't going to be much um there was an expansion of a child tax credit and maybe that slightly more refundable which could lead to a couple of hundred extra dollars um but what is the most important factor in the puzzle that uh working class families uh have to put together to make ends meet um are the big ticket items like the cost of housing the cost of healthcare the cost of childcare and importantly how much their employers uh pay them and on two of these pieces we know that um the picture is going to look a lot more difficult um the first is healthcare um the bill included in affordable care act sabotage which was to repeal the mandate um that require people to buy health insurance which of course rewards uh personal responsibility and make sure that the risk pools include healthy people who otherwise would be willing to take the risk and not by health insurance and so that's going to.

thiel sales tax tax credit health insurance
"tax credit" Discussed on WSJ What's News

WSJ What's News

02:21 min | 3 years ago

"tax credit" Discussed on WSJ What's News

"This podcast is brought to you by the national association of realtors whether a budding small business owner or large company looking for a new space a realtor a member of the national association of realtors can help you find the right place to grow so get what your business needs get realtor what's news from the wall street journal top stories and timely insights i'm anne marie for totally in new york net neutrality is no more but what does that mean for you in just a moment wall street journal reporter douglas mcmillan joins us to explain what changes your likely to see online but first these news headlines republicans have upped the amount of the child tax credit that will be refundable after senators marco rubio and mike lee signalled data pos the tax overhaul bill without changes those without income tax liability will now be able to get fourteen hundred dollars of the two thousand per child credit up from 1100 previously republicans can't afford to lose more than two votes in the senate if they hope to pass the tax overhaul without the support of democrats another milestone for space x ilan musk's company has successfully launched a reused rocket the falcon nine booster on a us government flight toward the international space station the launch comes seven years after the company launched into orbit an recovered the first private spacecraft space x hopes to begin flights with us astronauts aboard in the coming year u s industrial production rose slightly in november boosted by a rebound in gas and oil after a busy hurricane season production rose two tenths of a percent which was slightly lower than expected energy extraction is now back to normal after hurricanes had caused gulf coast plants n refineries to shut down the federal reserve said production began to pick back up again in october coming up how the repeal of net neutrality could affect you this is what's news from the wall street journal you've heard it a million times location location location with us because locations important and it's the reason this ed targeted at eu is located before podcast about the history of ice dancing if you own a business you know the importance of location which is why you need a realtor a member of the national association of realtors are real estate expert who can help you find the perfect location to grow so get what your business needs get realtor.

business owner real estate national association of realto shut down gulf income tax mike lee marco rubio reporter new york wall street journal eu federal reserve us ilan musk senate tax credit douglas mcmillan anne marie fourteen hundred dollars seven years
"tax credit" Discussed on X96

X96

01:57 min | 3 years ago

"tax credit" Discussed on X96

"The tax credit on the tax bill for now for now he says i'm not going to vote for the serb republican tax bill unless you give a bigger a deduction for child tax credit he will anyway mike lee has said the same thing he will anyway they are they will pave were in they may give him a little more in something nogo okay and you know part of the reason that they got some of this republican senators in line they promised them things and see lisa murkowski and then it she was not going to vote for the tax burden catch the tax were four it's not tax reform if this is in no way reform you know simplifying and reforming the tax system in america in no way is that is it that but anyway we semeck murkowski said why not going to vote for it unless you give me what i want and they did which is she wants to uh she's from she's or alaska and she said great now we can open up the arctic wilderness to drilling oil no now it's way i wanna in the bill yeah it's in the bitterly tax bill yeah each in the tax bill yes will open up the arctic wildlife refuge to oil drilling a lot of great great idea climate title and oh wait sir good news i nothin' i'll finish with this all right i was going to make this a boehner candidate but uh i guess she's a youtube personality her name is a berry angry and she has had thirty one plastic surgery procedures and she says she did it for her boyfriend don't have plastic surgery for your boyfriend have plastic surgery for yourself arrigo berry and 22yearold youtube star from hong kong has had more than thirty plastic surgery procedures in the past five years all to impress her now acts boyfriend now.

tax credit lisa murkowski america oil drilling hong kong mike lee alaska boehner five years
"tax credit" Discussed on C-SPAN Radio

C-SPAN Radio

02:10 min | 3 years ago

"tax credit" Discussed on C-SPAN Radio

"And as long as you have very little faith they're going to plow they sent a plant equipment or hiring folks sock c'mon says i think not at all this is going to be going to dividends it's going into leveraged buyouts that's why wall street is frosting at the mouth and that is exactly right there are no strings attached to this to have people hire people or to have people invest in plant and half because you don't trust the private sector and because it in this it was like what do you want to resolve managed business tell them how to spend their mode i wanna give monies citizens who they're not going to create more jobs more could not will will make the economy grow rich footing money into the pockets of people and you can have you should dictate that and we believe by those who did some of the child tax credit they did increase in i was impressed with the number legitimate or i i agree with that as well but they did that they they made a significant investment in some way and the stuff they give to corporations lasts permit in the right at the end that's the problem if you're going under pressure the tax code great simplify it but restructure it within the business tax remove some of the loopholes lower the rate but they didn't do that people experience all garages raise all right allow up this down down is up and says a lot when he leaves goodbye when he arrives president trump exact opposite in the bizarro world subject to the state of the cartoon you next quarterback a facts is a facts is a fact but president trump's recent comments to friends as reported by the new york times have made us wonder does he know about an alternative universe is owned bizarro world were the sun is the moon and ally is the truth that's a subject at this week's due to the church as comic book aficionados no superman has his arch enemy bizarre who lives in a topsyturvy world where stop means go in yes means an increasingly it sounds as though there is a bizarro trump who also lives in a world of opposites his reality is wonderful place in the real world in reality we all heard president trump say this about that piteous access hollywood tape said and done things i regret and.

tax credit trump new york times president hollywood
"tax credit" Discussed on WPRO 630AM

WPRO 630AM

01:31 min | 3 years ago

"tax credit" Discussed on WPRO 630AM

"Private sector but the other things whether a comes to the child tax credit is the fact that families should get a break because families are the best way to have a society run to have the nuclear family and give support to family families with children is the best oval all way to have an economy run will the next point would be that of that's a more moral statement therefore the taxes system should give them a break and make people that do not have children pay for people or take the burden for those who have children you know there's a big talk about the whole deduction for state and federal taxes while at those states are gonna if those states are going to a charge uh more and and they're gonna screw their people over well then the federal government other states shouldn't have to pay for them well the same thing for the child tax credit why should single people pay for the people to choose to have children everything is a moral case soon well and if you look at the nature of the child tax credit up until now it's what its word homes making lessthan than at right now less than one hundred and ten thousand a year so then it becomes okay so the people that are earning more are paying for because that becomes welfare at a certain level of the lowest level that becomes welfare when people are.

tax credit
"tax credit" Discussed on KBOI 670AM

KBOI 670AM

02:08 min | 3 years ago

"tax credit" Discussed on KBOI 670AM

"The the the child tax credit which is again a conservative stating that the tax system should be more of a welfare system it's good delays right now the a number of families that get that it's going to increase the number of families that don't pay income tax at the end of the year so ed's so they'll get end though it's going to double their child tax credit and they're going to raise the threshold on the income now we don't know where that will end up the in a house sided with two fifty thousand going from one tended to fifty uh the the socalled conservatives on the senate side wanted to go up to a million a million dollars a year family would be making and still getting the child tax credit so we could look at all of this and and see it for what it is and that is remember when governor cuomo years ago i can only wonder at at on this issue i can't afford it via a liberal basically talking about the taxes on the rich and how people uh those though those rich individuals could leave his state the millionaires tack yeah those millionaires tax the we couldn't and ultimately had to go along with the legislative body of a state he really didn't have any any choice in that uh i don't know that he would have made a choice otherwise at the end of it anyway but in this case it's the conservatives can no longer be fiscal conservatives now the cat politically afford to do it because what's the difference because you look at whether it's rubio and mike lee teaming up to get that two thousand dollar and this is again doubling of the child tax credit raising the threshold to uh an earnings threshold to a million uh or rand paul basically yeah now i give up all of this points to their base telling them something we pointed out years ago we want more from the government we don't want to pay for it uh and when you look at a as a sedative if you're true conservative you'd say look if you wish to if we wish to increase.

tax credit income tax rubio mike lee ed senate governor cuomo two thousand dollar million dollars
"tax credit" Discussed on WDRC

WDRC

02:20 min | 3 years ago

"tax credit" Discussed on WDRC

"You can be a conservative and you can claim that the child tax credit that pays you dollars tax credits her one thing but when it pays you dollars when you have not paid any federal income tax that becomes the welfare system it's interesting because i did have that discussion with a couple of my relatives and they all agreed i said you know they said well the child tax credit helps had fine heaven the welfare system don't have to separate welfare systems had the welfare system designate money there we talk about transparency well let's have transparency with the child tax credit if you're going to give money to people who didn't pay taxes that's welfare go i had a i've no prompt go ahead if you wish jeb welfare have welfare have it a transparent system have it come out of the welfare department have that welfare department budgeted by the federal government don't do was stealth welfare system through the tax system though any conservative right now listening you understand exactly what i'm talking about because you understand that when you do something when you if you're going to do something have one department to do it don't do it stealthy on the other side while because in order to get there they're going to have they would have to go through again this entire process of creating a new law outside of tax reform this isn't tax reform i mean this this welfare reform in the opposite direction of the previous welfare reform if you look at right what we're doing 'cause were doubling the child tax credit their doubling it and that's not this isn't schumer this is marco rubio and mike lee right insisting that's what it has to be this is this is another reason that the bluesky doesn't have to do a thing eight though gets they know the get some wins in others going to be some you know the the the welfare thing is going to be a big deal for them um because what can they say now if it's past oh we agree with that part over here we we disagree with a corporate taxes we disagree with the rich getting lower taxes we disagree with and how they can they can go on.

tax credit tax credits income tax schumer mike lee jeb marco rubio
"tax credit" Discussed on KKOB 770 AM

KKOB 770 AM

01:51 min | 3 years ago

"tax credit" Discussed on KKOB 770 AM

"The the tax in uh the the the child tax credit increase in fill and have they had their way rubio and mike lee what were yo and mike lee thousand mohibullah charlotte it is in the senate bill of the two thousand well if they get it gets the right by did that's what it's up to it'd be nuts they that's that's why they did the uh the uh uh the repeal of the mandate ends now up to two thousand yeah give again pay people to have children because that's what you're doing right and so it doesn't it won't we're not going to call it welfare but it is always welfare winning big government is handing you money right that yachties motor especially consider those who didn't pay that in in the first rice a child tax credit if you do not uh if if it just taken off your tax bill um uh is welfare because it is money handed to you from the state uh and so by the way i got a ton of response when i brought up earlier this week about independent bob you know talking about you know my buddy independent bob who used to be married but a single now and hit have fact that he's been rallying against the fact that tax policy screws a single person it's always the soulier who has to pay for everybody else i got a ton of response from people after that her single saint thank you for bringing that up because nobody ever dies well you know the ideal question on marriage remember right would when the when the whole match debates going on before the court decision a lot of that was centered on benefits see we if we're gay couple we can't mary which means we don't get the.

rubio mike lee tax credit tax policy senate
"tax credit" Discussed on The BreakPoint Podcast

The BreakPoint Podcast

03:52 min | 3 years ago

"tax credit" Discussed on The BreakPoint Podcast

"tax credit" Discussed on The BreakPoint Podcast

The BreakPoint Podcast

02:01 min | 3 years ago

"tax credit" Discussed on The BreakPoint Podcast

"If you think rishon should have we'd politics and its tumbling lesson from the saga of the adoption tax credit stay tuned to breakpoint them from the colson center for christian worldview here's john stonestreet with breakpoint on overnight the house and senate agreed that the adoption tax credit would not be changed in any upcoming tax legislation now the reason that the threat of rescinding the credit was itself rescinded was the strong opposition by pro life from pro adoption forces who protested and did so vigorously so all's well that ends well right well not exactly even if the credit remains untouched as promise they're still a lesson to be learned here now to be crystal clear the adoption tax credit is not a deduction that reduces your income for purposes of determining your tax liability rather it's a tax refund based on a dollar for dollar reduction of your total tax liability families making less approximately two hundred thousand a year could receive up to thirteen thousand to offset the cost associated with adoption and this makes a real difference as steven kurdish chapman and his wife mary beth wrote in the washington post the average adoption cost between twenty five and forty thousand dollars and for many families this is an insurmountable barrier and that's before you take in who account the ongoing expenses of providing adequate services and therapies in postadoption support for the many families whose hearts are fuller than their wallets the tax credit can make the difference between adopting a not adopting and for kids in need of what those parents can give them it could spell the difference between being raised by a loving family and being raised by the state added that the fact that the adoption tax credit represents a drop in the budgetary bucket three hundred million a year and preserving it should have been a no brainer and yet it was it but for the uproar it would have been repealed now i've no idea why the repeal was proposed in the first place and it's unhelpful to speculate about other people's motives so instead i'd like to suggest what this episode can teach us about christians and politics one of these lessons is the need for vigilance the.

colson center john stonestreet the house tax credit mary beth senate washington post forty thousand dollars
"tax credit" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

02:31 min | 3 years ago

"tax credit" Discussed on KVNT Valley News Talk

"The tax credit can make the difference between adopting a not adopting and for kids in need of what those parents can give them it could spell the difference between being raised by a loving family and being raised by the state added that the fact that the adoption tax credit represents a drop in the budgetary bucket three hundred million a year and preserving it should have been a no brainer and yet it was it but for the uproar it would have been repealed now i've no idea why the repeal was proposed in the first place and it's unhelpful to speculate about people's motives so instead i'd like to suggest with this episode can teach us about christians and politics one of these lessons is the need for vigilance the original proposed repeal was a few lines in a four hundred twenty nine page document obviously few of us have the time or expertise to pore over such a document but to those who do we should show our gratitude their commitment and expertise keeps us informed even if the subject matter such as tax law is dry as dust not everything that truly matters is entertaining and other lesson is about the nature of american politics it is not cynical to know that much politics has more to do with access to the levers of power then with a search for the common good for the christian that means discernment and caution are mandatory as jesus told us were to be wisest serpents and generals dubs wisdom wires discernment and the willingness to ask tough questions of those we normally support an example of this discernment is marvin alaska's column in the last issue world magazine his critique goes beyond the proposal emanation of the adoption tax credit it also includes concerns about the bill's impact on charitable giving he cites a study that predicts that if enacted as it stands now the bill would lead to a five percent drop in contributions to religious organisations he's concerned that the selfish and child less will benefit at the expense of those with big bigger hearts whether or not this proves to be the case it does worn our attention i'm grateful the capitol hill reversed itself on the adoption tax credit but the tax bill is still a work very much in progress so the need for disarmament and vigilance by all americans especially people of faith remains for breakpoint i'm johnston through johnstone streets latest book a practical guide to culture will help you help your children navigate today's world to download chapter one absolutely free go to breakpoint dot org free once again that's breakpoint dot org slash free and thanks for listening to break through each day.

tax credit tax law world magazine capitol hill johnston marvin alaska johnstone five percent
"tax credit" Discussed on KKOB 770 AM

KKOB 770 AM

01:58 min | 3 years ago

"tax credit" Discussed on KKOB 770 AM

"Family tax credit this budget give it means the ultimate cost of the house plan would exceed the claimed one point four trillion but even if the family tax credit were made permanent the net individual income tax increase would only be delayed by a few years the number of households facing tax increase would fall only slightly uh john we have we've talked about this before we'd said when you when you look at this i mean the the problem that we have with the plan is is not making it easier for businesses to do business nodded states or all four that we're all for a cut uh and and making it easier for companies to survive in the united states if you've listened to the show for any time you know that would isn't happening from republicans and we understand why because the public is in clamoring for his tax cuts x baghdad is is is an spending cuts were not say we're not going to see and and so the budget is going to continue to rise so we understand the fact that we need to lower the tax burden but if you aren't going spending somebody is going to have to make up the tax burden as we know the republicans have already agreed that part of our current spending should be increased by a hundred and fifty billion dollars a year to pay for what we want now that in itself is unprecedented for the duck for the republicans over the last couple of decades and nobody's really complaining about that at all it seems to be a theme ththis or three hundred million dollars a year would anybody really care gene scream and yell but when you look at politically the big problem that i see i just went through for example new york and california uh twenty one congressional representatives that are from the gop come from those two states.

tax credit united states baghdad new york california gop the house income tax three hundred million dollars fifty billion dollars
"tax credit" Discussed on C-SPAN Radio

C-SPAN Radio

02:02 min | 3 years ago

"tax credit" Discussed on C-SPAN Radio

"Your family flexibility tax credit as well will phase out at which a family flex handle in i had already and i noted mr bloom an hour that the family portion for the taxpayer a taxpayer spouse expires after five years the child credit use a permanent one reason for doing that you don't have to answer this is clearly the mass the size of the shortfall in revenue under this tax plan by expiring that but you have been around her long enough to realise as many of us do here in committee that win these popular tax provision suddenly expire or on the verge of phasing out congress typically doesn't have the stomach to actually let that happen in figures out a way of extending that and if that's true than that one point five trillion is really a low ball when it comes to the public that that's going to be added under this plan if congress does not a let those a those provisions expire is that not true and has been the history in this place for quite some time as i've said a couple times sin said decisions for members of congress to make sir in fact we we just turn two thousand the press was trying to get rid of socalled tax extenders a yearly exercise at congress makes to extend certain tax provisions that are on the verge of sunsetting her expiring and then we had to have an extender package and now under this bill we're creating a whole new scenario of another taxi extender package year after year after year in order to retain these benefits let me shift again a again the dog and it's not barking his needs to be listened to as well and that's the change in the indexing for inflation right now one of the things as plan calls for a doubling of the standard deduction is that correct a yes sir and under current law uh the standard deduction is index for inflation is that right yes it is soon under this plan it would be changed to a chain cpi index is that runs still be that uh the standard deduction at.

tax credit congress five years
"tax credit" Discussed on WGIR-AM

WGIR-AM

02:07 min | 3 years ago

"tax credit" Discussed on WGIR-AM

"Loans and you are deducting those right now that's that's going away so that that could depending on the person you know if you're a higher income earner that also has a law student loan debt there's a big big in central to pay that off a heck of a lot quicker than you might have been thinking so the student loan deduction going away one thing that i found interesting is you kind of poke through all these different pieces that one of my friends pointed out to me there is now in this proposed tax bill there is a divorce penalty effective divorce penalty okay what is happening is that alimony in this tax bill would now change and instead of being based on pretax income and then you taxable based on whoever's you know accepting it it would be based on aftertax income yep and then it would be tax free to the recipient that's right so you do not get abduction for paying alimony and so what at won't get divorced what are we doing here lake so all of a sudden someone gets divorced and now all of a sudden we just want to wet like hit a man while he's down adding that's pretty much what we're doing here well that's the thing though chuck the idea here is lower the rates and get rid of the deductions make it simple simplify simplify simplify simplify and that's another one of those little things that they're gonna be getting rid of the the one that scared me a heck of a lot more than that is the medical deduct to monitor kind of just sound in general to see if you hear scream coming at some point the tax credit for electric vehicles others by by yep yep by by that sound that you heard in the distance that that distinct wailing is berry crying size test to monitor kind of just sound in general to see if you hear scream coming at some point the tax credit for electric vehicles 'solas by by yup yup bye bye that sound that you heard in the distance that that distinct whaling is berry crying sized hasn't or like i think the markets almost looking to the saying okay so what are you actually going to do there is some of.

tax credit
"tax credit" Discussed on KOMO

KOMO

01:47 min | 3 years ago

"tax credit" Discussed on KOMO

"The child tax credit and extended to more middle income families a far larger grew democrats say the gop plan is to favorable to businesses of the wealthy of this is being rushed to talk more about this with bankratecom chief financial analyst greg mcbride good afternoon her tell us what you see as the main highlights of his tax proposal as it stands right now couple of things that double the standard deduction uh which i think make tax filing a lot simpler for you know a lot of middle income families that the track their deductions it increases the child tax credit from a thousand dollars to fix two hundred dollars again that's going to put money in the pockets of a lot of low and middle income families consolidation of the tax brackets instead of seven killing to down tools essentially four tax bracket that's got some positives for some a flight negative for some upper middle income borrowers that they find themselves in a 35 percent tax bracket at a lower income level them were there currently at other parts of the proposal limits on the mortgage interest deduction instead of being able to deduct the interest on alone up to a million dollars now all you got to be happy that five hundred thousand jn property taxes that deduction to be ah limited property taxes of ten thousand dollars state income tax would no longer be deductible on your federal return again this is all just the proposal don't change your tax planning based on this we still got a long way to go stocks of home builders slump today because of this news they're worried the home it is true that this could hurt new construction in home sales well you know look people don't buy houses necessarily because of the mortgage interest deduction but it does impact the size of the house that hubei uh and so the potential that this could reduce the mortgage interest deduction.

tax credit bankratecom greg mcbride property taxes income tax the house gop chief financial analyst hubei ten thousand dollars two hundred dollars thousand dollars million dollars 35 percent