emily: we broke down the developments with laura davidson. nce passed a digital tax that would hit google, amazon, facebook. a 3% levy on revenues in france, and the u.s. said this is not fair. you are going after american companies. there were other tech companies affected, but mostly american companies. the u.s. trade representative opened up an investigation and trump has threatened to put tariffs on french wine. today at the g7, we saw them come to an agreement. france said they were going to negotiate these global negotiations going on. there are 130 countries looking at reallocating taxing rights, which country has the right to tax which profits. france says, when there is a global deal reached, they will take away their tax and basically reimburse all the companies who have paid it. they have not agreed right now ,o repeal the tax entirely but they have an agreement in principle to add a feature date repeal the taxes. emily: which companies benefit the most? laura: google, facebook, amazon. also, smaller companies operating over there.

host: laura davidson, go ahead. guest: one of the things we are hearing from the people is not only the tax burden but also as the caller mentioned, the wage growth for the middle class is very much stagnated. decade, that past has not grown where as you've seen a lot of income distribution shift up that way. that's where policymakers are combat income to inequality. that's we are hearing from elizabeth warren and bernie sanders were looking at an array of proposals that would help get the u.s. more in line with other countries that have much less income inequality essentially that are talked about. host: if you are off of twitter says if you want higher taxes, you want corporations to be less competitive with others in the world, is there a sentiment among corporations there? guest: before the republican tax law, the corporate was 35% which was very high in the world. we cut that all the way down to 21% and that puts us in the middle of the pack. democrats would've agreed to a corporate tax cut but not as far maybe

host: laura davidson, go ahead.one of the things we are hearing from the people is not only the tax burden but also as the caller mentioned, the wage growth for the middle class is very much stagnated. decade, that past has not grown where as you've seen a lot of income distribution shift up that way. that's where policymakers are combat income to inequality. that's we are hearing from elizabeth warren and bernie sanders were looking at an array of proposals that would help get the u.s. more in line with other countries that have much less income inequality essentially that are talked about. host: if you are off of twitter says if you want higher taxes, you want corporations to be less competitive with others in the world, is there a sentiment among corporations there? guest: before the republican tax law, the corporate was 35% which was very high in the world. we cut that all the way down to 21% and that puts us in the middle of the pack. democrats would've agreed to a corporate tax cut but not as far maybe 28 or 2

taylor: to tell me more, bloomberg's tax reporter laura davidson.reakdown of what was this tax and what deal did we get today? laura: earlier this summer, france passed a digital tax. google, facebook, amazon -- 3% levy on revenues in france. the u.s. said this is not fair. u.s. tech companies said you are specifically going after american companies. it was mostly american companies. the u.s. trade representative opened up an investigation to this. threatened to put tariffs on french wine by trump. today, what france agreed to his they said they will negotiate the global negotiations going on. 130 countries who are looking at basically reallocating taxing rights. which countries have the right to tax which profits. france said we will join the negotiations and if there is a global deal, they will take away their tax and reimburse all the companies who have paid it. they have not agreed right now to repeal the tax entirely, but they have an agreement in principle for a future date. taylor: what companies benefit the most? i know in the u.s., we talk

tax reporterg laura davidson will be on to talk about tax policy.washington's journal" live at 7:00 eastern monday morning. join the discussion. trump holds a press conference at the conclusion of the 2019 g7 summit. atch live coverage monday 9:30 a.m. eastern on c-span2, online at c-span.org or listen live on the free c-span radio app. recenthe wake of the shootings in el paso, texas and dayton, ohio, house judiciary committee will return early to mark up gun violence prevention bills which include banning high-capacity ammunition ,agazines, restricting firearms and preventing individuals convicted of misdemeanor hate crimes from purchasing a gun. begins september 4 at 10:00 a.m. eastern. if you are on the go, listen to next, democratic presidential klobuchar senator amy from minnesota makes a campaign stop in new hampshire. and then highlights from president trump's day from the g7 summit in france. at 11:00, q&a with michio kaku and his book. now, democratic presidential candidate senator amy klobuchar from minnesota talks to voters at a campaign

you will also hear from bloomberg tax reporter lauren davidson -- laura davidson.ck with us, we will be back again tomorrow morning at 7 a.m. make sure your here for washington journal. have a good day. ♪ [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2017] announcer: newsmakers is next with stephen law, president and ceo of the senate leadership fund. he talks about efforts to keep it republican senate majority in 2020. after that, we will have an update on president trump at the g7 summit in france. p.m., amyt 1:30 klobuchar greets visitors in new hampshire.

laura kuenssberg, thank you. ruth davidsond as leader of the scottish conservatives, urging borisjohnson to strike a brexit agreement with the eu before the end of october. she's been a vocal critic of the prime minister's approach to brexit but she said her decision to step down was primarily for personal reasons after she became a mother last year. there's some flash photography in this report from our scotland editor, sarah smith. anyone who had come to hear ruth davidson denounce borisjohnson and his brexit policy was in the wrong place today. she admits they don't entirely agree. but she believes he is trying to avoid a no deal exit.|j stared him right in the eye, i asked him outright, i need to know, are you actually trying to get a deal or not? and he categorically assured me that he was. i know that what would help further would be for people who wa nt to help further would be for people who want to avoid a no deal to come out and say that if a deal is brought back to parliament, that they would back to parliament, tha

laura kuenssberg, thank you. the scottish conservative leader, ruth davidson, is said to be on the verge of resigning because of disagreementssjohnson's political choices. those close to her say personal reasons are also behind her decision. ruth davidson, who's been in thejob for almost eight years, has openly criticised the idea of a no—deal brexit, saying she could not support it. our scotland editor, sarah smith, reports ruth davidson rode onto the political scene unlike any tory we had ever seen before. a working class gay woman who didn't seem to take herself too seriously. she appealed to voters other tories couldn't seem to reach. declaring ruth davidson the duly elected leader... becoming scottish party leader atjust 32 eight years ago, she led the tories to overtake labour to become the principal party of opposition in scotland. and win a total of 13 mps at the last general election, up from just one, crucial to keeping the tories in power. a passionate remainer, she clashed directly with borisjohnson in the brexit debates in 2016. you are being asked to make a decision that is irreversible. we can't change it. we

scottish conservative leader, ruth davidson, said she was now considering her position. our political editor laura at westminster not so long ago borisjohnson said he wasn't attracted to the idea of proroguing parliament. but he was careful never to rule this out, and action many of his critics see as deeply, deeply radical and controversial. as a new prime minister, he is perfectly entitled to ask for a pause, the opportunity to ask for a pause, the opportunity to set out his plans, for all sorts of things, the way he wants to run the country. but doing it now is provocative and many mps believe that this time he risks making a dangerous precedent of how things are meant to work round here. shutting up shop — at the prime minister's request. the gates will clang shut here for an extra few days next month. debates won't take place, mps won't vote or stand in the way of borisjohnson. we are bringing forward a new legislative programme on crime, on hospitals, and making sure that we have the education funding that we need. and there will be ample time on both sides of that crucial october the 17th s

the scottish conservative leader, ruth davidson, says she's now considering her position. our political editor lauranssberg reports on the day's events. shutting up shop, the prime minister request, the gates will claim shut foran request, the gates will claim shut for an extra few days next month. the beds not take place, mps will not vote or stand in the way of borisjohnson. not vote or stand in the way of boris johnson. making sure that we have the education funding that we need and there will be ample time on both sides of that crucial october the 17th summit, ample time in parliament for mps to debate. to debate the eu, brexit and all the other issues. ample time. it is not unusualfor a other issues. ample time. it is not unusual for a new prime other issues. ample time. it is not unusualfor a new prime minister to close parliament for a short while to press reset and announced a new programme of what they want to do. but it is intensely controversial to do it now because justice boris johnson is determined that we leave the eu at the end of even without a deal, a huge group of mps is determine

conservative leader and ardent opponent of ‘no deal‘ ruth davidson is believed to be considering stepping down. the bbc‘s politcal editor laurahas been done for a mix of personal and politcal reasons. here‘s more from our scotland correspondent lorna gordon. you have to remember that ruth davidson has been hugely important to the conservative parties in scotland, critical some would say to their revival and they now have 31 mps, their revival and they now have 31 mp5, 13 mp5 their revival and they now have 31 mp5, 13 mps at westminster, but she has never been a fan of boris johnson, she was not her choice for leader —— he was not her choice. appointed tojudge him by his actions and from what we are hearing today, she has not been happy with the way things are panning out. she has not been a fan of no—deal brexit at all, she said she could not tolerate that, not put up with that in so tonight, this afternoon, we are hearing that she is considering her position and about to resign. as you might expect this move has also sparked reaction from the public. this is a petition asking the government not to prorogue parliament, which