shares of nike are down this after earnings >> in the wake of the equifax hack richard cordray will join us live. >>> the gop slated to release the framework of its tax reform proposal multiple sources saying it is expected to include a cut in the corporate rate from 25 to 20 higher than the 15 favored by the president. the pass through businesses lower to 25. rates of 12, 25 and 35 the plan would also eliminate the deduction for state and local taxes and nearly double the standard deduction child tax credit would be substantially increased, although in these early days, politico saying, jim, that top individual rate is still the focus of some delate abate and a surcharge for the wealthy. we have to wait and see. >> those of us in high-state can calculate what a 35 to 39 drop and it is a bast to 42, 43 if you're in a high-tax state, this is terrible for you, for rich people. >> well, because of the no longer the deductibility. >> now when i say it's terrible, it's relative. i am not saying rich people -- i have to say, some states it's a wind fall, some states it's not. this is the first