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Dec 6, 2017
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for "nightly business repor robert frank. >> your puppies would like those handbags. >> they would, oh, my gosh, can you imagine? honey! that does it for "nightly business tonight. i'm sue herera. thanks for joiningus. >> i'm tyler mathisen. thanks from me as well. have a great evening, everybody, and . ♪ >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. >> planning a vacation escape that's relaxing, inviting, and exciting is a lot easier than you think. you can find it here in aruba. families, couples, and friends can all find their escape on the
for "nightly business repor robert frank. >> your puppies would like those handbags. >> they would, oh, my gosh, can you imagine? honey! that does it for "nightly business tonight. i'm sue herera. thanks for joiningus. >> i'm tyler mathisen. thanks from me as well. have a great evening, everybody, and . ♪ >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing...
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Dec 21, 2017
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robert frank has that story. morning, robert >> well, rather than cutting taxes, governors and legislators of high-tax states are focused on a different response to the new tax bill, avoiding it. the governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to minimize the impact on their most affluent taxpayers. there are two ideas taking shape here the first relates to the income tax side states could replace the income tax system with a payroll tax, where companies could pay the equivalent of the income tax for each worker, then deduct payroll taxes, then take the refund and pass it along to employees at the end of the tax season. this is a bit of a long shot companies have to agree, you have a lot of issues with progressive tax rates, and it could run afoul of longer term employment contracts now, the second idea relates to property taxes new jersey and california are both looking at the possibility of turning their entire public school systems into 501 c3 charitable or
robert frank has that story. morning, robert >> well, rather than cutting taxes, governors and legislators of high-tax states are focused on a different response to the new tax bill, avoiding it. the governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to minimize the impact on their most affluent taxpayers. there are two ideas taking shape here the first relates to the income tax side states could replace the income tax system with a payroll...
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Dec 21, 2017
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for more, joined by cnbc's robert frank. first of all, why do they care?about their highest income earners being affected by this? >> first of all, because millions of those earners in those states are about to get a tax hike and no one likes that. secondly, the fear, especially in the states with progressive system, the highest earners more able to leave will move to florida or texas or other low-taxed states. the fear, they'll lose those people. there are two ideas starting to take shape. first relates to the income tax side. the idea, switch from an income tax to a payroll tax. the weird thing about this bill is that companies can still deduct state and local income taxes. the idea, run the tax through the company. the company takes the deduction, passes it along to the worker. the worker still pays the same tax, gets the same deductions but flows through the company. that's on the income tax side. on the property tax side, what they're talking about is either transferring the entire school system of a state or parts of state government into a charity.
for more, joined by cnbc's robert frank. first of all, why do they care?about their highest income earners being affected by this? >> first of all, because millions of those earners in those states are about to get a tax hike and no one likes that. secondly, the fear, especially in the states with progressive system, the highest earners more able to leave will move to florida or texas or other low-taxed states. the fear, they'll lose those people. there are two ideas starting to take...
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Dec 16, 2017
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the mansion is again up for sale, and our robert frank got the full tour. >> reporter: there is no stripsand in all of california that attracts the ultra rich and super famous like malibu and there's no better example of the allure than the flip top trophy house with a power to seduce the king of late night tv johnny carson after just one visit. >> do we know anything about how he found this place? >> he came to a party and walked in and said, how much? and they said, it's not for sale and he said, how much? and he wrote an offer that they couldn't refuse. >> reporter: that offer was a reported $9.5 million. more than three decades later, the late night tv icon's compound is owned by a hollywood power couple couple looking to sell it for $81.5 million. when you roll up this hideaway's lush drive you will see what made this talk show host pull out his checkbook and turn it into his full-time residence for 20 years. >> there are trees growing in this living room. >> there really are. it's an indoor arboretum. >> reporter: every inch of the 7,000 square foot mansion is drenched in sunlight
the mansion is again up for sale, and our robert frank got the full tour. >> reporter: there is no stripsand in all of california that attracts the ultra rich and super famous like malibu and there's no better example of the allure than the flip top trophy house with a power to seduce the king of late night tv johnny carson after just one visit. >> do we know anything about how he found this place? >> he came to a party and walked in and said, how much? and they said, it's not...
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Dec 22, 2017
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robert frank explains. >> reporter: rather th cutting taxes, governors and legislators of high tax states are focused on a different response to the new tax bill. avoiding it. governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to find ways of preserving part or all of the deductions that residents get for their state and local taxes. the republican tax bill would eliminate deduction for state and local taxes over $10,000. there are two main ideas taking shape. the first is aimed at income taxes. states could replace the income tax with a payroll tax where they tax companies the equivalent of the income tax for each worker. the companies then can deduct their payroll taxes so they would pay it out, then take the refund and pass that on to the employee at the end of the tax season. this a long shot. companies have to agree, you ha issues with the progressive tax rates in every state, and it could run afoul of longer term employment contracts. now, the second idea, it relates to property taxes. new jersey and california both their public school
robert frank explains. >> reporter: rather th cutting taxes, governors and legislators of high tax states are focused on a different response to the new tax bill. avoiding it. governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to find ways of preserving part or all of the deductions that residents get for their state and local taxes. the republican tax bill would eliminate deduction for state and local taxes over $10,000. there are two main...
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Dec 26, 2017
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here is cnbc's robert frank. >> reporter: 2017 was a boom year for the rich. 2018 is likely to see theime for billionaires the number of billionaires and millionaires is likely to reach an all-time high the millionaire population is likely to hit a record 12 million. the number of billionaires in the world is likely to top 2,100. their combined fortunes topping $8 trillion. trophy assets. all that wealth is likely to drive stronger sales of everything from art and diamonds to super cars and luxury real estate 2018 will see a rising number of big deals at the very top of the market over 30 million might even see a new record for the most expensive home ever sold several properties on the market in this l.a. for over $200 million. and the richest man, jeff bezos to remain the richest man in the world as amazon's dominance grows, pulling even further away from his billionaire rivals bill gates and warren buffett his fortune currently around $100 billion, will likely top $120 billion, and his new rival on the rich list will probably be facebook's mark zuckerberg, who is currently worth $75
here is cnbc's robert frank. >> reporter: 2017 was a boom year for the rich. 2018 is likely to see theime for billionaires the number of billionaires and millionaires is likely to reach an all-time high the millionaire population is likely to hit a record 12 million. the number of billionaires in the world is likely to top 2,100. their combined fortunes topping $8 trillion. trophy assets. all that wealth is likely to drive stronger sales of everything from art and diamonds to super cars...
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Dec 20, 2017
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robert frank joins us now with the results. america's millionaires, they own about 85% of the nation's stocks their outlook can really shape markets. right now they are gaining more skeptical about the stock market in the most down beat forecast in three years millionaires surveyed said flat to down according to cnbc millionaire survey 41% said it's going to be up between 5 and 10%. a quarter said up double digits. still positive but below the levels of the past three years their favorite sector for putting new money into the market is tech and then financials next year it all falls along party lines republican millionaires say the economy will be stronger next year democratic millionaires say it's going to be the same or worse. republican millionaires say the market is going to be up 5% or more next year dems say it's more likely to be flat to down so politics shaping a lot of their economic one thing, both agree on biggest risk to financial markets and wealth is government dysfunction. this is at its highest level that we've
robert frank joins us now with the results. america's millionaires, they own about 85% of the nation's stocks their outlook can really shape markets. right now they are gaining more skeptical about the stock market in the most down beat forecast in three years millionaires surveyed said flat to down according to cnbc millionaire survey 41% said it's going to be up between 5 and 10%. a quarter said up double digits. still positive but below the levels of the past three years their favorite...
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Dec 13, 2017
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robert frank watching tax bill .ffington with us next when "squawk alley" starts in a moment directv has been rated number one in customer satisfaction over cable for 17 years running. but some people still like cable. just like some people like wet grocery bags. getting a bad haircut. overcrowded trains. turnstiles that don't turn. and spilling coffee on themselves. but for everyone else, there's directv. for #1 rated customer satisfaction over cable, switch to directv. and for a limited time get a $100 reward card. call 1-800-directv ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ >>> welcome back to "squawk on the street." i'm dominic chu. health care one of the leading sectors, one of the best performing stocks, certainly to keep an eye on let's send it over to "squawk
robert frank watching tax bill .ffington with us next when "squawk alley" starts in a moment directv has been rated number one in customer satisfaction over cable for 17 years running. but some people still like cable. just like some people like wet grocery bags. getting a bad haircut. overcrowded trains. turnstiles that don't turn. and spilling coffee on themselves. but for everyone else, there's directv. for #1 rated customer satisfaction over cable, switch to directv. and for a...
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Dec 18, 2017
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robert frank joins us now with a look at some of the loopholes. y, never before has there been such a vast difference between the tax rates paid by people and those paid by companies. so the new system is going to be ripe for gaming. an academic paper written by 13 prominent tax law professionals called "games they will play" says the bill would, "allow new planning opportunities for well-advised taxpayers will will result in unanticipated consequences and costs for everyone else. start with passthroughs, advising ways around the guardrails law firms, for instance, they could create subsidiaries where the associates are the partners and athllow them to deduct 23% f their income as long as they make less than $315,000. and then go pass it, the plan favors passive businessowners rather than the people who own or run the companies so owners can split the companies into business lines and make sure that they don't materially participate in any single business line then you got family companies that will make sure no single family member spends too much
robert frank joins us now with a look at some of the loopholes. y, never before has there been such a vast difference between the tax rates paid by people and those paid by companies. so the new system is going to be ripe for gaming. an academic paper written by 13 prominent tax law professionals called "games they will play" says the bill would, "allow new planning opportunities for well-advised taxpayers will will result in unanticipated consequences and costs for everyone...
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Dec 26, 2017
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robert frank has your playbook for the luxury sector. >> 12017 was a boom year for the rich 2018 is likelye the froth grow bigger. boom times for billionaires. the number is likely to reachen a all-time high. the millionaire population is likely to hit a record 1 million. number of billionaires in the world is likely to top 2100. their combined fortunes topping $8 trillion. trophy assets, all that wealth is likely to drive stronger sales of everything from art and diamonds to super cars and luxury real estate 2018 will see a rising number of big deals at the very top of the market over 30 million might even see a new record for the most expensive home ever sold on. several properties on the market in l.a. for over $200 million. and the richest man, jeff bezos likely to remain the richest man in the world as amazon's do dominance grows mu and his fortune currently arounp $120 billion and his new rival will probably be mark zuckerberg who is currently worth $75 billion, but could add another 10 or 15 billion to his fortune. >> and coming up, top trends in tech we're breaking down the sector'
robert frank has your playbook for the luxury sector. >> 12017 was a boom year for the rich 2018 is likelye the froth grow bigger. boom times for billionaires. the number is likely to reachen a all-time high. the millionaire population is likely to hit a record 1 million. number of billionaires in the world is likely to top 2100. their combined fortunes topping $8 trillion. trophy assets, all that wealth is likely to drive stronger sales of everything from art and diamonds to super cars...
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Dec 20, 2017
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. >>> cnbc millionaires survey is out, and guess who is here robert frank joins us. robert >> good morning, andrew. america's millionaires own about 85% of the nation's stocks, so their outlook can really shape markets. right now they're growing a little more skeptical about the stock market with the most downbeat forecast in about three years. more than one-third of million airs surveyed say the market will be flat to down next year that's according to the cnbc millionaires survey. 41% said it will be up between 5% and 10%, and 23% said it's going to be up double digits yeah, that's still positive, but it's below the levels of the past three years their favorite sector for putting new money into the market next year is tech and then financials. it all falls along party lines the rich aren't that different republican millionaires say the economy will be stronger next year dems say it will be the same or worse. republican millionaires say the market will be up at least 5% next year. democrats are more likely to say it's going to be flat or down. now, one thing both ag
. >>> cnbc millionaires survey is out, and guess who is here robert frank joins us. robert >> good morning, andrew. america's millionaires own about 85% of the nation's stocks, so their outlook can really shape markets. right now they're growing a little more skeptical about the stock market with the most downbeat forecast in about three years. more than one-third of million airs surveyed say the market will be flat to down next year that's according to the cnbc millionaires...
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Dec 21, 2017
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find a loopholes in the new tax bill that would preserve some deductions for their high earners robert frankas more. hi, robert. >> kelly, millions of americans are about to get a tax hike because a provision in the tax bill getting rid of state and local tax deductions but the high-tax states already fighting back governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to find ways around the rules to help their most affluent taxpayers right now, there are two main ideas taking shape the first relates to the income tax side states could replace the income tax with a payroll tax so where they tax companies the equivalent of the income tax for each worker, the companies could deduct their payroll taxes and turn around and refund it to the employees at the end of the tax season this is complicated. would take a lot of cooperation from companies it is under discussion the second big idea right now relates to property taxes. now, new jersey and california are both looking at the possibility of turning their public school systems into 5 501-c3 charitable
find a loopholes in the new tax bill that would preserve some deductions for their high earners robert frankas more. hi, robert. >> kelly, millions of americans are about to get a tax hike because a provision in the tax bill getting rid of state and local tax deductions but the high-tax states already fighting back governors of california, new york, and new jersey have deployed armies of tax experts and lawyers to find ways around the rules to help their most affluent taxpayers right now,...
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. >> listen, i'm not an art crate tick but reiterate my in-depth analysis of robert frank a few weeks not good >> it's a small painting, not very big. >> and so retouched. >> yeah. >> what's unfortunate the way we do our tweets you can't include the photo or the visual. >> so i found myself anything as we were listening to the president's speech about moving the embassy to jerusalem, the president is a builder he wants to build a wall and an embassy. i'd like to know what you think. which will be built first. a new embassy in jerusalem or the border wall? we'll post that on our twitter page why don't you let us know what you think. >> and mine is los angeles these fires are devastating. sonoma had one a month and a half ago a lot of good men and women are risking their lives fighting the fires. prayers for the angelinos out there. from california from a fire perspective hopefully they have the water and water pressure so just thinking about the city of my birth, the city of angels, be safe take care. >> our prayers are with them >> thanks for watching "power lunch. >> "closing bell" s
. >> listen, i'm not an art crate tick but reiterate my in-depth analysis of robert frank a few weeks not good >> it's a small painting, not very big. >> and so retouched. >> yeah. >> what's unfortunate the way we do our tweets you can't include the photo or the visual. >> so i found myself anything as we were listening to the president's speech about moving the embassy to jerusalem, the president is a builder he wants to build a wall and an embassy. i'd like...
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Dec 4, 2017
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. >>> the tax deal, there are big winners and losers when it comes to the individual side robert frank is here with some of those tee tadetails. >> hi, kelly broadly speaking the senate bill is a tax cut but some americans are going to get tax hikes all depends on where you live, how cut in 2019, that's mainly thanks to doubling the standard deduction and lowering some of those rates a married couple making about $200,000 in 2017, they're going to see their tax bill drop from $ $242,0 $42,000 to $2348,000 a couple making $24500,000 to $1 million, they're going to see their tax rate drop fr-- of coue we have the changes to the estate tax that's going to allow families to keep $22 million of their estate tax free. that's double the current threshold. now, taxes are going to go up for some now, the bill basically eliminates deductions except for charity and mortgage interest, so people in high-tax states, kelly, you just mentioned, they could see a hike including the top earners. 14% of all of not currently who make more than $750,000 are going to see an increase under this senate bill th
. >>> the tax deal, there are big winners and losers when it comes to the individual side robert frank is here with some of those tee tadetails. >> hi, kelly broadly speaking the senate bill is a tax cut but some americans are going to get tax hikes all depends on where you live, how cut in 2019, that's mainly thanks to doubling the standard deduction and lowering some of those rates a married couple making about $200,000 in 2017, they're going to see their tax bill drop from $...
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Dec 19, 2017
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. >>> meantime, let's bring in robert frank as all of this is happenhappenie wealthy figuring out whathat's going to happen next year after we have this bill, what we know from looking at this giant gap we have now between the tax rates that are paid by individuals, and those that are going to be paid by passthroughs and companies. we've never had in this country such a giant gap difference between those rates. and this was a bill that was designed and billed as one would. put the tax reprayerers out of business this is the full employment act for accountants. i talked to a lot of highly paid, sophisticated accountants, that are devising ways to shift vast amounts of income that had gone on the individual side, into the business side >> is there going to be a frank llc next year? >> i would like that but i think the corporate side is going -- and i think we're going to see a lot of uncertainty on the real estate side >> yeah. >> in blue states. not that it's going to hurt the market, we just don't know initially. first quarter is going to be soft. >> as we go to break, why don't we hit
. >>> meantime, let's bring in robert frank as all of this is happenhappenie wealthy figuring out whathat's going to happen next year after we have this bill, what we know from looking at this giant gap we have now between the tax rates that are paid by individuals, and those that are going to be paid by passthroughs and companies. we've never had in this country such a giant gap difference between those rates. and this was a bill that was designed and billed as one would. put the tax...
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Dec 20, 2017
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one group surprisingly bearish on the plan, america's millionaires robert frank joins us with that storyng the nonpartisan estimates show the top earners will do best in the tax plan with nearly half of the gains going to the top 5% of earns areers, and the millionaires, they're still skeptical. the cnbc millionaire survey found half of millionaires expect their taxes will stay the same and on thursday they'll actually go up, only 17% say they're going to get a tax cut, and they already feel like they're paying up. half of our millionaires say they pay too much in taxes and another 46% say they pay their fair share and only 5% say they pay too little it's amazing that they're even 5% they don't think companies should get such a big break as they're getting in this bill and asked about the ideal tax rate for companies and more than half said it should be over 25% only one in five said it should be 20% they do, however, agree that cutting corporate taxes by some amount will be good for the economy and jobs the majority said that cutting corporate taxes stimulates economic growth and it's s
one group surprisingly bearish on the plan, america's millionaires robert frank joins us with that storyng the nonpartisan estimates show the top earners will do best in the tax plan with nearly half of the gains going to the top 5% of earns areers, and the millionaires, they're still skeptical. the cnbc millionaire survey found half of millionaires expect their taxes will stay the same and on thursday they'll actually go up, only 17% say they're going to get a tax cut, and they already feel...
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Dec 9, 2017
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robert: maybe it was all politics but maybe it was broader. you look at this trent franks situation, talking about surrogacy. he decided to resign immediately today. there's a culture on capitol hill and this is affecting bhomente participants. andrea: the extraordinary thing is wife seen this for decades. i covered the him. i covered clarence thomas, those hearings and noe knew what was going on in judgments of anita hill and clarence thomas and we all knew which senators to tell our internals to to the -- to got -- no. go near. no one knew you could report anything and i have a lot of questions, why didn't we speak out? we didn't know where to go to either protect colleagues, ourselves or just to get feel reported. there was no way to get anyone reported and the ethics committee was notoriously slow, ineffective and secretive. robert: the white house has had a complicated response. president trump still faces accusations from last year's campaign, more than a dozen women. >> with the accusations that came out last year during the campaign, trump categoryly denied them an
robert: maybe it was all politics but maybe it was broader. you look at this trent franks situation, talking about surrogacy. he decided to resign immediately today. there's a culture on capitol hill and this is affecting bhomente participants. andrea: the extraordinary thing is wife seen this for decades. i covered the him. i covered clarence thomas, those hearings and noe knew what was going on in judgments of anita hill and clarence thomas and we all knew which senators to tell our internals...
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Dec 18, 2017
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robert frank joins us now with the details of a new study that says the tax bill is right for gaming the break -- is that part of your report? >> i'll add those. >> you'll add those at the end >> first, let's go through -- the bill is complex. it was quickly written it's built around vastly different rates for companies and individuals. it is right for gaming an academic paper written by 13 prominent tax law professionals called games they will play says the bill would allow new tax games and planning opportunities for well advised tax payers that will arrive in unanticipated consequence and cost for every else, including the treasury now, let's go through the top three. first of all, pass-throughs. now, accountants are already creating ways around though guardrails they need to prevent people from shifting income into pass-throughs. law firms, for instance, they could create subsidiaries where the associates are the partners in those subsidiaries and allow them to deduct 20% -- 23% of their income as long as they make less than $315,000. you can go passive the plan favors passive bu
robert frank joins us now with the details of a new study that says the tax bill is right for gaming the break -- is that part of your report? >> i'll add those. >> you'll add those at the end >> first, let's go through -- the bill is complex. it was quickly written it's built around vastly different rates for companies and individuals. it is right for gaming an academic paper written by 13 prominent tax law professionals called games they will play says the bill would allow...
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Dec 13, 2017
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the wealthy are already taking steps to minimize the impact are all things wealthy expert here, robert franks us now with more >> good morning, andrew. as you know, when there's a tax, there's always a loophole. it accounts for the wealthy that are already devising strategies to get around or minimize the negative impact of tax reform. of course, most people are getting at a tax cut under this plan, but some parts of the plan are going to be costly especially to those high earners and high tax states. in some states certain tax pards can pay their estimated tax for next year and take the deduction now before it disapds. other states do allow prepayment of your 2018 taxes now, and some other governments do as well check with your accountant because every situation is different now. harvest your losses. accountants are saying sell the tax lots that are losses the older ones capture those losses to offset future capital gains before the end of the year you can also gift those lots that have a low cost basis on the oldest ones you purchased because you might want be able to in the future lastly,
the wealthy are already taking steps to minimize the impact are all things wealthy expert here, robert franks us now with more >> good morning, andrew. as you know, when there's a tax, there's always a loophole. it accounts for the wealthy that are already devising strategies to get around or minimize the negative impact of tax reform. of course, most people are getting at a tax cut under this plan, but some parts of the plan are going to be costly especially to those high earners and...
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Dec 5, 2017
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robert frank joins us with more. good morning >> good morning, becky well, this is -- i'm at christie's right now, and this is the place where they sold the $450 million da vinci a few weeks ago, but they also sell handbags this year sotheby's and cre christie's going into the gift-giving business they're holding a flurry of auctions of handbags, watches, wine, jewelry. over $150 million of gifts going in both auction houses over the next few weeks a lot of that through on-line bidding. let's show you some of the highlights over at sotheby's they have the largest round diamond ever sold. 111 care ats that's $4 million to $6 million. for the guy they have some watches at around $4,000 here at christie's, i want to show you this, this is a berken bag, this is the prized bergen bag. the bid right now is $95,000 over here we've got some rolexs. this daytona will go for $500,000 to $1 million now we have some 1962 mccallon that's $4,000 to $6,000. they've had thousands of people come through here in the past few days and
robert frank joins us with more. good morning >> good morning, becky well, this is -- i'm at christie's right now, and this is the place where they sold the $450 million da vinci a few weeks ago, but they also sell handbags this year sotheby's and cre christie's going into the gift-giving business they're holding a flurry of auctions of handbags, watches, wine, jewelry. over $150 million of gifts going in both auction houses over the next few weeks a lot of that through on-line bidding....
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Dec 19, 2017
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york and other high tax states here to break down the real estate reality, cnbc's wealth reporter robert frankouglas ellison, the largest broker in the new york area. we talked about it yesterday we hear two sides. one is that people don't necessarily base all of their decisions on taxes and aa mass exodus is unliable a 10% haircut from where the prices are right now wouldn't be out of the question. where do you stand >> there's definitely not going to be an exodus. people live in new york city and want to live in new york city and have jobs in new york city and will stay in new york city i don't see any mass exodus. as it relates to 10% decrease, look that all depends on what levels of invebtory you have on the market, and i would say that if you see any -- if you really see any decrease, it's going to be on the -- it already existed, but the sellers were not accepting it the pricing is too high. they're not -- stuff isn't being sold >> real estate agents in general, in looking at this takts bill, they're predicting all kinds of dire things why -- i mean, i know you're very close to the presi
york and other high tax states here to break down the real estate reality, cnbc's wealth reporter robert frankouglas ellison, the largest broker in the new york area. we talked about it yesterday we hear two sides. one is that people don't necessarily base all of their decisions on taxes and aa mass exodus is unliable a 10% haircut from where the prices are right now wouldn't be out of the question. where do you stand >> there's definitely not going to be an exodus. people live in new...
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Dec 21, 2017
12/17
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robert frank joins us with more on this.s is a bipartisan issue, depending on where you live. >> it is an interesting situation where the democratic governors are defending their wealthiest taxpayers here. because rather than cutting taxes, the governors and legislators of high-tax states are focused on a different response to the new tax bill -- avoiding it. the governors of california, new york and new jersey have deployed armies of tax experts and lawyers to preserve part or all of the salt deduction to minimize the impact on their most affluent earners. states could replace the income tax system with a payrollcompane equivalent of income tax then companies deduct the payroll taxes and get the refund from the state and pass that to employees at the end of the tax season this is a long shot. companies have to agree, it's complicated. you have issues with the progressive tax rates. it could run afoul of longer term employment contracts. the second idea is on the property tax side. new jersey and california are both looking
robert frank joins us with more on this.s is a bipartisan issue, depending on where you live. >> it is an interesting situation where the democratic governors are defending their wealthiest taxpayers here. because rather than cutting taxes, the governors and legislators of high-tax states are focused on a different response to the new tax bill -- avoiding it. the governors of california, new york and new jersey have deployed armies of tax experts and lawyers to preserve part or all of the...
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Dec 27, 2017
12/17
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correspondent for npr, welcome, tom lobianco, for the associated press, and frank figluzi, counterintelligence, in the past worked for robertller and nbc news national security analyst. frank, let me start with you. you heard representative gomer talking how robert mueller would love to be a hero to the left. a republican for most if not awful hall of his adult life. what is this conflighti ingconfe fbi and mueller investigation all about. >> the president would have us believe if he attacks the fbi, attacks the deputy director of the fbi, then some how he is undermining the special counsel investigation. we need to remind ourselves, the special counsel, he has fib agents on len to him to sa prlt his investigation. but, but, americans need to understand, these two different components. the other thing we need to understand mort we hear cries from congress or from trump to, to end this investigation, the farther we get from really learning the truth and taking action as a nation against russia and other foreign governments who are trying to undermine our election process. that's what we need to got to. and that's what we mov
correspondent for npr, welcome, tom lobianco, for the associated press, and frank figluzi, counterintelligence, in the past worked for robertller and nbc news national security analyst. frank, let me start with you. you heard representative gomer talking how robert mueller would love to be a hero to the left. a republican for most if not awful hall of his adult life. what is this conflighti ingconfe fbi and mueller investigation all about. >> the president would have us believe if he...
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and by and kept pushing down in the box and robert leavened firing home to round out the three one scoreline. frank is though still wasn't satisfied saying after the game his team should have scored more goals but biron do move closer to topping the table at mid-season. let's take a look at all the bonus think it was those so far. chaka cologne share the spoils often i think then there was a neighbor who was enjoying with dortmund and by in munich handled had over frame and defeated and aus back then downed lines and on friday then there was that fibroid game against. later on then today has had a face fine for us and falls back. hong kong there and form of the e.u. which is the former one of electric cars for those of you who are wondering germany's dial up to see its victory in the second stage of the season and a hard fought race on sunday there was drama from the get go as stevens félix of those interests in his car causing mayhem on the very first heard it was the first of many hair raising moments audi's for a driver act went in front with just three laps remaining he helps the championship s
and by and kept pushing down in the box and robert leavened firing home to round out the three one scoreline. frank is though still wasn't satisfied saying after the game his team should have scored more goals but biron do move closer to topping the table at mid-season. let's take a look at all the bonus think it was those so far. chaka cologne share the spoils often i think then there was a neighbor who was enjoying with dortmund and by in munich handled had over frame and defeated and aus...
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and by and kept pushing down in the box and robert leavened firing home to round out the three one scoreline. frank is though still wasn't satisfied saying after the game his team should have scored more goals but biron do move closer to topping the table at midseason. well let's take a look now at all the been the cigarettes all so far this weekend saga and cologne share the spoils huff and i beat light sake and then there's that later cues in joe with dortmund by in munich handled over by the men to visit and i was fake downed lines on friday then five shared the spoils with hamburg and later today has a berlin face frankfurt and vaults back. to hong kong now and for me to eat the form of one of electric cars germany's opt sealed victory in the second stage of the season and a hard fought race on sunday there was drama from the get go as sweden's félix rose and fists on his car causing mayhem on the very first turn it was the first of many air rising moments outies for driver to wind in front with just three laps remaining he tips the championship standings ahead of the next race in america and t
and by and kept pushing down in the box and robert leavened firing home to round out the three one scoreline. frank is though still wasn't satisfied saying after the game his team should have scored more goals but biron do move closer to topping the table at midseason. well let's take a look now at all the been the cigarettes all so far this weekend saga and cologne share the spoils huff and i beat light sake and then there's that later cues in joe with dortmund by in munich handled over by the...
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Dec 2, 2017
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. >> frank, might the robert mueller team be thinking -- using the fishing analogy, this might get the president to consider a pardon and if he were to pardon michael flynn, that would actually help his case. >> i think they factored this in. i think they have affordable care act -- have factors in the fact that the president might pardoning people but that is a strategy where they are prepared to file subsequent state charges on folks -- i think that congress would look at this very hard as obstructing the investigation. i think it might begin impeachment proceedings. so this is all fraught with peril if the president is moving toward pardon, particularly with regard to jared kushner. i think mueller has considered the possibility of a pardon and i think he has carved kushner out. >> two great legal minds. thank you both very much for your help on this. >>> north korea within reach. still ahead, the growing threat following this week's missile launch as you see here. >>> and a win for republicans in the white house. but does the new tax plan mean -- what does that mean for your bottom
. >> frank, might the robert mueller team be thinking -- using the fishing analogy, this might get the president to consider a pardon and if he were to pardon michael flynn, that would actually help his case. >> i think they factored this in. i think they have affordable care act -- have factors in the fact that the president might pardoning people but that is a strategy where they are prepared to file subsequent state charges on folks -- i think that congress would look at this...
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Dec 24, 2017
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. >> robert mueller is a an republican. frank, good to see you. happy holidays to you.reciate it. >> same to you. >>> on the defensive, the white house pushing back against an explosive report that the president made demeaning comments about immigrants. the latest on the fallout from that "new york times" report coming up. the day after chemo might mean a trip back to the doctor's office, just for a shot. but why go back there, when you can stay home, with neulasta onpro? strong chemo can put you at risk of serious infection, which could lead to hospitalizations. in a key study, neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. applied the day of chemo, neulasta onpro is designed to deliver neulasta the next day, so you can stay home. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to neulasta or neupogen (filgrastim). ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. report abdominal or shou
. >> robert mueller is a an republican. frank, good to see you. happy holidays to you.reciate it. >> same to you. >>> on the defensive, the white house pushing back against an explosive report that the president made demeaning comments about immigrants. the latest on the fallout from that "new york times" report coming up. the day after chemo might mean a trip back to the doctor's office, just for a shot. but why go back there, when you can stay home, with...
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Dec 16, 2017
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and we welcome frank figliuzzi, former fbi assistant director for counterintelligence who has worked in the past for robert mueller and is also an nbc news national security analyst. frank, by way of welcoming you, what does it do to you to hear the president of the united states disparage the federal bureau of investigation? >> you know, brian, tonight, as we're talking, there are fbi agents working around the country. some fbi agent tonight, whether it's a kidnapping in miami or a terrorism case in new york will have to pull out his credentials and display them to a member of the public and seek cooperation. he may be trying to flip an informant, he may be trying to help someone. the response of that american citizen to those credentials has been diminished tonight by the comments of the president this morning. and the president can't have it both ways. you can't be on the lawn of the white house this morning saying the fbi is sad and disgraceful and then head 50 miles south to the fbi academy and tell the police how great law enforcement is. it will come back to bite him and diminish his own effectivene
and we welcome frank figliuzzi, former fbi assistant director for counterintelligence who has worked in the past for robert mueller and is also an nbc news national security analyst. frank, by way of welcoming you, what does it do to you to hear the president of the united states disparage the federal bureau of investigation? >> you know, brian, tonight, as we're talking, there are fbi agents working around the country. some fbi agent tonight, whether it's a kidnapping in miami or a...
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Dec 26, 2017
12/17
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intelligence of the fbi who worked under robert mueller and former federal prosecutor and current white collar criminal attorney. thank you for being here. frank, let's go back to the president's tweets. how would special counsel robert mueller be looking at his tweets about andrew mccabe ? >> i have to wonder whether we are watching the president essentially conduct obstruction by twitter. if you look up the definition of obstruction of justice you will see words like intimidate, deter, harass. that's what is going on. that's what we are watching happen here. the president needs to understand that there will be another andy mccabe after he retires. there will be another career professional who simply needs to do his job and will do his job. we're potentially watching obstruction by twitter. >> this investigation is still going regardless of what the president's lawyers said in the past that it would be done by thanksgiving and christmas. still one of the president's attorneys is saying he is so confident the probe will end soon. would mueller potentially clear the president before formally wrapping up his investigation? is there any indicatio
intelligence of the fbi who worked under robert mueller and former federal prosecutor and current white collar criminal attorney. thank you for being here. frank, let's go back to the president's tweets. how would special counsel robert mueller be looking at his tweets about andrew mccabe ? >> i have to wonder whether we are watching the president essentially conduct obstruction by twitter. if you look up the definition of obstruction of justice you will see words like intimidate, deter,...
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Dec 2, 2017
12/17
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frank gehry. [applause] >> the eisenhower memorial commissioners we have here with us today, senator pat roberts -- [applause] >> congressman mike thompson -- [applause] >> senator gary peters -- [applause] >> senator joe manchin. -- [applause] >> congressman sanford bishop -- [applause] >> congressman mike simpson -- [applause] >> congressman mac thornberry -- [applause] and now, of course, members of the eisenhower family. [applause] >> david eisenhower. [applause] >> susan eisenhower. [applause] >> and anne eisenhower. [applause] >> are you all ready? everyone, please put your shovels into the dirt. ready, set, dig. ♪ [applause] ♪ [applause] ♪ [playing "god bless america"] [applause] >> ladies and gentlemen, right here in my hand, i have a building permit for the national park service -- [laughter] [applause] >> at last, at last, we are building at last. [] laughter -- laughter --[laughter] >> we are ready to go. so frank, the guild betting company, gsa, and court frank,ion, let's -- so clarke construction, let's get this thing done. we want to see you all on may 8, 2020. thank you so much for
frank gehry. [applause] >> the eisenhower memorial commissioners we have here with us today, senator pat roberts -- [applause] >> congressman mike thompson -- [applause] >> senator gary peters -- [applause] >> senator joe manchin. -- [applause] >> congressman sanford bishop -- [applause] >> congressman mike simpson -- [applause] >> congressman mac thornberry -- [applause] and now, of course, members of the eisenhower family. [applause] >> david...
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Dec 29, 2017
12/17
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the hollywood since 1977, i did my first film with frank sinatra. 1977. [applause] robert davi: so, i've seen hollywood. i've seen reagan, ronald reagan, 1980. [applause] robert davi: i'm going to bring to mind is something -- i talked with a friend of mine, a couple of times. we discussed this, marc masters, actually. when ronald reagan was president of the united states, he said, mr. gorbachev, tear down this wall. the wall came down. peace through strength, nuclear detente, prosperity. in 1988, his right hand was a guy named george bush. we respect the bushes. we respect george bush, but there was a shift. there was a shift that is absolutely stunning. after being the right hand of ronald reagan for eight years and seeing the bold choices and the bold moves that he made, and much like what we have seen with donald trump, how the establishment those on the left and right have attacked donald trump route thi -- donald trump thing --t this whole what did george bush run under? what was his slogan in 1988? no, that was 1992. in 1988, he said "a kinder, gentler nation." nati
the hollywood since 1977, i did my first film with frank sinatra. 1977. [applause] robert davi: so, i've seen hollywood. i've seen reagan, ronald reagan, 1980. [applause] robert davi: i'm going to bring to mind is something -- i talked with a friend of mine, a couple of times. we discussed this, marc masters, actually. when ronald reagan was president of the united states, he said, mr. gorbachev, tear down this wall. the wall came down. peace through strength, nuclear detente, prosperity. in...
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Dec 25, 2017
12/17
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lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a nuclear deal with iran. secure a nuclear deal with iran. who was ♪ when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that, the golden hour. evaluating patients remotely, is where i think we have a potential to make a difference. we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network, with ultra low-latency that will enable things like precision robotic surgery from thousands of miles away. as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that wa
lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a...
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Dec 25, 2017
12/17
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lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a nuclear deal with iran. who was >> lou: president trump's attorneys are criticizing special counsel's mueller's tactic and saying they are unethiccal. mueller obtained thousands of emails from a tronzition team. one attorney said those emails were illegally obtained and violated and the fourth amendment protection against unreasonable search and seizure. for now president trump has no intention much firing robert mueller. kevin cork has the report. >> reporter: it was a three word response. >> no, i'm not. >> reporter: president trump's answer to the question of whether he will fire robert mueller came from jackie spear. >> i believe that the president wants all
lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a...
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Dec 24, 2017
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lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a nuclear deal with iran. who was i accept i don't bike as far as i used to. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but no matter where i ride, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abn
lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a...
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Dec 23, 2017
12/17
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lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a nuclear deal with iran. who was president obama working for? we'll have the full report now next, stay with us. [vo] progress is an unstoppable force. the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better.
lou the president's attorney said special counsel robert mueller illegally obtained thousands of kouments. >> i can't imagine anything is on them frank leap. as we said there is no collusion. >> lou: how much longer should america put up with a biassed and special investigation by a special counsel. we'll take that up. >> and disturbing new revelations about the obama administration. new reports that former president obama gave a helping hand to hesbollah in order to secure a...
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Dec 9, 2017
12/17
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roberts for us this morning. cokie, thank you. >> thanks, cokie. >>> there's on trent franks has moved up the timing of his resignation which is now effective immediately. >> yeah, this after reports of a former aide saying he repeatedly asked her to carry his child. at one point allegedly offering her millions of dollars to be a surrogate. abc's gloria riviera joins us now from washington with more. good morning, gloria. >> reporter: this morning, an early resignation shaking up congress. arizona congressman trent franks abruptly giving his notice one month sooner than expected. in a statement saying we came to the conclusion that the best thing for our family now would be for me to tender my previous resignation effective today december 8th, 2017. franks originally stated his resignation would be effective january 2018 after receiving pressure from house speaker paul ryan who urged him to quit after learning of credible claims of misconduct. the republican is accused of asking two members of his staff to bear his child. the associated press is reported one woman claims franks offered her $5 million to act surrogate.
roberts for us this morning. cokie, thank you. >> thanks, cokie. >>> there's on trent franks has moved up the timing of his resignation which is now effective immediately. >> yeah, this after reports of a former aide saying he repeatedly asked her to carry his child. at one point allegedly offering her millions of dollars to be a surrogate. abc's gloria riviera joins us now from washington with more. good morning, gloria. >> reporter: this morning, an early...
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Dec 9, 2017
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franks. this is not the end of the story. thanks for joining us. >>> ahead, robert mueller has gone from cable news to the halls of congress. a new conspiracy theory after this. >>> can anyone explain to me, anybody at all, how robert mueller's investigation can be described as fair, partial, not bias. a lot of questions raised as this team that covered for hillary clinton and put all these bias people going after donald trump, you know, what would it take to get rid of a special counsel? >> what would it take? the closer the special counsel gets to the president, they are promoting the theory the senior officials conspired to help hillary clinton and hurt donald trump. according to the theory, presented for hours on end every night, it was a secret project that began way back in the clinton e-mail probe, continuing into the russia investigation. i's tough to buy for a number of reasons, two officials overseeing the investigations james comey, then robert mueller are both republicans, lifelong ones. if the fbi was in the tank for hillary clinton, they could have don
franks. this is not the end of the story. thanks for joining us. >>> ahead, robert mueller has gone from cable news to the halls of congress. a new conspiracy theory after this. >>> can anyone explain to me, anybody at all, how robert mueller's investigation can be described as fair, partial, not bias. a lot of questions raised as this team that covered for hillary clinton and put all these bias people going after donald trump, you know, what would it take to get rid of a...
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Dec 9, 2017
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franks. it's not the end of his story. >>> and the campaign to discredit robert mueller, the far-reaches of a new conspiracy story, after this. our recent online sales success seems a little... strange?nk na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if that is your real name. it's william actually. hmph! affordable, fast fedex ground. >>> a lot of questions about this team literally could beered for hillary clinton, put all of these bias people going after donald trump. what would it take to get rid of a special counsel? >> what would it take? the closer the special counsel gets to the president, the more promoting the theory there was a conspiracy to help hillary clinton, hurt donald trump. according to the theory presented for hours on end every night it was a secret project that began way back at clinton e-mail probe continuing into the ru russia investigation. tough to buy, not least of
franks. it's not the end of his story. >>> and the campaign to discredit robert mueller, the far-reaches of a new conspiracy story, after this. our recent online sales success seems a little... strange?nk na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if...
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Dec 9, 2017
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franks. this is not the end of the story. thanks for joining us. >>> ahead, robertller has gone from cable news to the halls of congress. a new conspiracy theory after this. staff meeting. noon? eating. 3:45? uh, compliance training. 6:30? sam's baseball practice. 8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do? yeah. introducing essential portfolios. the automated investing solution that lets you focus on your life. >>> can anyone explain to me, anybody at all, how robert mueller's investigation can be described as fair, partial, not bias. a lot of questions raised as this team that covered for hillary clinton and put all these bias people going after donald trump, you know, what would it take to get rid of a special counsel? >> what would it take? the closer the special counsel gets to the president, they are promoting the theory the senior officials conspired to help hillary clinton and hurt donald tr
franks. this is not the end of the story. thanks for joining us. >>> ahead, robertller has gone from cable news to the halls of congress. a new conspiracy theory after this. staff meeting. noon? eating. 3:45? uh, compliance training. 6:30? sam's baseball practice. 8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do? yeah....