US President Donald Trumpdescribed the new tax reforms as "globally competitive", and said that they would bring back trillions of dollars stacked overseas.
To top it off, much of the president's angry antagonism is directed at members-even the leaders-of his own Republican Party in the House and Senate who will be called upon to do things like, for example, vote upon tax reform!
"That means getting rid of the loopholes and the complexity that benefits special interest groups", Trump said, adding that the current tax code is so complicated that most Americans need help doing their taxes.
Two million Muslims begin Hajj in Makkah
With the exception of previous Iranian boycotts, impeded access to the Hajj is virtually unprecedented in modern Islamic history. Ibu Mariah Marghani Muhammad is joining more than 220,000 pilgrims from Indonesia, the world's most populous Muslim country.
Dera chief Ram Rahim's wife, mother return to Rajasthan home
Kumar added that a curfew and a ban on the gathering of five or more persons was still in place in Sirsa in the coming days. The court has also directed the state government to investigate how hundreds of vehicles escorted Dera Chief to Court.
IS stronghold Tal Afar about to fall
Ibrahim al-Jaafari made the announcement at a news conference with his French counterpart on Saturday. Several villages north of Tal Afar have yet to be retaken, the statement said.
Otherwise, if obstructing the Trump agenda is the way the GOP Congress wants to run its 2018 re-election, so be it. "In a way-and I've been saying this for a long time-they've been sort of the forgotten people, but they're not forgotten any longer. I hope so", said Trump. "I hope so the United States is counting on it".
Trump set out four tax reform principles: simplicity, a competitive tax code, tax relief for the middle class and global corporate tax reform. There is a simple choice on tax reform: Either the taxpayers' hard-earned money will continue to be sent to Washington and enter a maze of bureaucratic inefficiency and ineptitude, or the tax code can be fixed and rates can be lowered.
He pledged to "bring back Main Street by reducing the crushing tax burden on our companies and on our workers", and work with Republicans and Democrats alike on a tax plan that is "pro-growth, pro-jobs, pro-worker". But during Wednesday's speech on tax reform, the president seemed passionate about taking care of rich business owners. "They'll keep their money, they'll spend their money, they'll buy our product", the president said Wednesday. He wants the tax code to be simplified, corporate rates to be reduced, rates lowered for middle income workers, and offshore profits reclaimed. "I don't want to be disappointed by Congress, do you understand me?" said the president to cheers.
President Trump on Wednesday pitched a sweeping tax overhaul that he said would unleash the USA economy and growth to help ordinary people, promising that a vague recipe of large corporate tax cuts and individual tax reductions would boost the middle class.
"But it would make us highly competitive". Another official told reporters that it will be a "very bipartisan speech" that will call for lawmakers to "work to build a tax code that really allows all Americans to have access to the American Dream and work their way up the economic ladder".
Milwaukee County Sheriff David Clarke has resigned
He was hit by allegations in May that he plagiarized content in his master's thesis on homeland security, which he denied. In January, after four inmate deaths in county jails, County Supervisor Supreme Moore Omokunde urged Clarke to resign.
Onevue Holdings Ltd (OVH.AX) Needle Moving on Volume
RBC Capital and their recent target price per share would suggest a potential upside of 22.03 % from the company's last price. Tph Asset Management, LLC grew its investment by buying 104,911 shares an increase of 21.7% from 03/31/2017 to 06/30/2017.
Addicks Reservoir overflows over spillway
A major dam outside Houston has begun spilling over as Storm Harvey pushes the reservoir past capacity, a Texas official says . One of two key reservoirs that protect downtown and the Houston Ship Channel, Addicks is at a historic high.
Amazon cuts prices on items at Whole Foods
But one other big change within Whole Foods locations might be just as important - if not more so - than those other factors. Amazon says there'll be immediate price cuts on many grocery staples including vegetables, fruit, fish, meat and eggs.