Trump officials temper expectations for 15 percent corporate tax rate
13 September, 2017, 00:43 | Author: Dustin Murphy
CNBCs Joe Kernen, Becky Quick and Andrew Ross Sorkin interview Steven Mnuchin, the 77th United States Secretary of the Treasury, at the CNBC Institutional Investor Delivering Alpha conference September 12th in NYC. "But we're going to get this down to a very competitive level", Mnuchin said. "If you're a business that's creating manufacturing jobs, you're going to get the benefit of that rate because that's going to be passed through to help create jobs and better wages".
Hedgies typically have their income taxed at a lower "carried interest" rate, since it's considered a share of the company's profits.
Most Senate Democrats have said they won't support a tax bill that cuts taxes for people in the top 1 percent of income.
Mnuchin did not give an exact number but rather emphasized that getting tax reform done is much more important. White House legislative director Marc Short says its principles for the tax overhaul will be released "in a matter of days, not weeks".
Democratic leaders including Mr. Schumer and Senator Ron Wyden of OR, the ranking Democrat on the Senate Finance Committee, are set to unveil a report on Tuesday finding that eliminating with the estate tax would mostly benefit the wealthiest Americans.
Republicans aim to overhaul the American tax code but have faced various hurdles in their goal of passing a tax reform bill this year.
Trump last week cut a short-term debt ceiling and government spending deal with Democrats to clear the deck for a major tax bill, but the agreement could complicate tax efforts by sowing doubt among the GOP about its unpredictable president.
"The president is absolutely a Republican", said Mnuchin, pointing out that he's one as well. "But the president wants to raise military spending".
The interception led to a Pappanastos 22-yard field goal, pushing the Tide lead to 34-3 with 7:08 left in the game. Alabama fans got a glimpse of the future, but the present is still very much the Jalen Hurts show.
These concern the contracts for its AdSense advertising service and the licensing of its Android mobile phone operating system. The Commission is reviewing its Google Shopping decision in light of the ECJ's Intel ruling, according to Reuters .
Read: Destiny 2 Classes: Which Class Should You Choose? Maddeningly, Bungie has refused to do this for Destiny 2 . Frustratingly, the PC version of the game, set to release in late October, features an uncapped frame rate.
Joseph University also dropped about 10 spots for the second year in a row to 87 among regional universities in the Midwest . Critics call the rankings too simplistic and say students and school administrators pay too much attention to them.
I will not go to the extent of supporting the petition for revoking her Nobel Prize, which she once undoubtedly deserved. But what some have called " ethnic cleansing " and others "a slow genocide" has persisted - and recently accelerated.
The Giants' secondary consistently came up with big plays - their 17 interceptions were fourth in the league a year ago . Not only is Ezekiel Elliott playing in this game, he'll be playing the whole season just as I predicted.
Milwaukee Brewers starter Jimmy Nelson left Friday night's 2-0 victory over the Chicago Cubs after jamming his right shoulder. The Chicago Cubs will look to salvage a win and avoid the sweep when they take the field on Sunday.
At least 58 people were killed Friday, when a powerful 8.2-magnitude natural disaster struck southern Mexico , authorities said . Tsunami warning has been issued for Mexico , Honduras, Nicaragua, Panama, Guatemala , El Salvador and Costa Rica.
If we had ran like that all year, like we did over the last several years, we would have made it. Keselowski has competed in eight Xfinity races this year, winning just one of them.
Apple unveils new 4K television
Thankfully this finally puts the Apple TV in league with the other players in the market including Roku and Amazon. We know it can't be added via a software update because the HDMI port on the fourth-gen Apple TV isn't 4K-capable.
Arsenal confident of Lemar deal
Lemar wants to play in the Champions League, which Manchester United and Liverpool are competing in. That could well happen with Thomas Lemar but the vice-president doesn't seem to mind.
Aaron Donald ends holdout but won't play Week 1
ESPN's Adam Schefter reported Donald and the Rams have yet to agree to a new contract and will continue negotiations. In 2017, Donald has a $1.8 million base salary and will carry a $3.2 million cap hit.
Arizona Cardinals: 3 players to watch against Lions
They have the weapons on offense to put up points in bunches, and their defense should be much-improved this year as well. Stafford has the weapons he needs to get back to the playoffs, but question marks are all over this defense.