the cpa will explain the nuanced differences between sc corporation, and s corp., a partnership, an llc. ultimately the differences are not extremely significant in the big picture however these differences can cause unnecessary complications in the decision-making process. in the interview process the cpa tries to determine if business owners understanding of the tax law and tax regulations and only after conversations with the owner can the cpi -- epa provide meaningful guidance yet issues raised not necessarily help the business owner in achieving his true objective to put food on the table. additionally although the form of business entity chosen me meet the current needs of the owner these needs may change over time. then the organizational structure which was originally correct me no longer be the proper one. the similarities and differences amongst the business entities often make the choice a difficult one. there should be a simpler common approach to taxation of various business entities. thank you again for allowing me to address the committee today. we know that congress cann

i mentioned the reform the s-corp. it's not controversial. it would help. we should get it done. but the fundamental points, which is high tax rates on business, which is not competitive. the lack of simpliification, so you need have an accountant in order to get information because you just can't figure out this. and i would add the predi predictability of our tax code, all were the goals of the 1986 tax reform and i remember our predecessor saying we accomplished it and obviously did not. it led to the tax code that we have today. so, i really want to get to the proposal that i brought forward that was discussed in our working group. that if we were able to substitute part of our income tax revenues with a national consumption tax at least as progressive as our tax, it gives us rates 5% loweren the countries. what impact would that have on the toip type of questions we've been raising on american competitiveness, globely, on complexity and predictability for investment america. >> dr. hines. >> it would do all of that. you know, a move like that would reduce the inefficiencies i

i mentioned earlier the s corp. would help. we should get it done. fundamental point this all raise which is high tax rate from business is not competitive. the lack of simplification so you need to have either an accountant in or the to get information or just figure it out, and i would also add the predictability of our tax code affects investor decisions, all with the goals of the 1986 tax reform, and i remember our predecessor was saying we accomplished it, and obviously did not accomplish it. it led to the tax code we have today. so i want to get the proposal that i brought forward, that was discussed in our working group, that if we were able to supplement part of our income tax revenue with a national consumption tax that was at least as progressive as our current tack code so low income families are not more burdened. that gives rates that are five percentage points below the other countries as i explained earlier. what impact would that have on the type of questions from raising american competitiveness globally, on the international side, on

i mentioned earlier the reform of the s corp., it's not controversial, it would help, we should get it but the fundamental points you're all raising, which is high tax rates on business, which is not competitive. the lack of simplification, so you need to have either an accountant on your fast dollar in order to get information because you just can't figure out this. and i would also add the predictability of our tax code, which effects investor decisions, all were the goals of the 1986 tax reform. and i remember our predecessor saying we accomplished it, and obviously it did not accomplish it. it led to the tax code we have today. i really want to get to the proposal that i brought forward, that was discussed in our working group, that if we were able to substitute part of our income tax revenues with a national consumption tax that was at at least as progressive as our current tax code, so that middle income families are not going to be more burdened, that gives us rates that are on average 5 percentage points below the oecd countries, as i explained earlier, what impact would that h

those folks want a raise and i will say for the -- s corps take it down to 15% full cash expensing, nocause final point. what we had not had in this recovery is business investment. had not had it. >> larry politicians aren't necessarily going feel they get credit of that. it's complicated stuff. >> there's a messaging issue. by the way the republicans are just wildly off message. democrats aren't much better. but there's a messaging issue. look, you guys know kevin hassett, a brilliant guy. he and his team have done the work on this. the biggest benefici jefgest be the middle income wage earners. not the rich. not even the consumer. middle income wage earner. >> the funny part democrats largely do want to lower the corporate tax. republicans do. the question isn't do they want to lower it the question is by how much and what is the spread between where you are and where others are. right? >> you guys want nationwide $15 an hour minimum wage before we do anything with corporate tax. >> this is a very important tactic. they are focused on raising the minimum wage. i'm more focused on ra

the other. ae corps of engineers began huge effort that lasted until the 1930's. instituted a permanent system of high-rise -- highways 'sere pierre charles l'enfant planet was carried forth into the entire county. it was in enormous undertaking. the corps of engineers had to deal with all of the changing of streets, or streets had to be new ones. this is just one of the early maps that gives you 1886 and what was an idea required close to the city. it was not such a serious problem outside the city. the engineers beat -- maintain the schools. they mapped their locations and decided where they would go in terms of population density. notice they are blue and red. that map is 1907 on the left. right is athe valuation of our real estate property. was theer the color higher the value of housing, real estate property. this is the kind of data that can be found there that they the as they planned creation of a modern city. they worked closely. the commissioners worked closely with the other members, each of of city its own line function that had to be dealt with. they w

the book, of course george s. patton. he started out as a driver, actually on pershing's crew. he ends up in the 10 corps, armed in the service. on the first day of the battle, he is attacking in support of the unit to the far right, which was harry s. truman. he was a battle commander and the artillery unit of the 35th division. patton, of course, they are fighting an area near chesne. that is toward the front. patton is out of the battle for the remainder of the war after he is shot and wounded. in the middle of course is douglas macarthur, who ends up becoming a brigadier general in the 42nd rainbow division, quite a character. longtime service, west point graduate. he was also the highest decorated officer in the first world war, eventually winning seven silver stars and the gold cross. the battle commences. through liggett's leadership, the americans are able to overwhelm the germans, break through their lines, break through the wire, get around these machine-gun nests, which are devastating the american troops, and because the germans recognize that the battle is not going well, by the third week,

the low '70's. >>robin winston: hi chris corp. off to decide but it is adding to the committee traffic slowed in upcoming well beyond will allow and in pockets of slow traffic after that the plan called rich and poor berkeley had interim. >>anny hong: people needing to be rescued from the vehicle this guy is waiting to be rescued is been raining really hard major interstates and freeways are closed due to this unprecedented flooding around houston with a sense of a dramatic rescue videos as well coming out of the houston area. >>mark: when it didn't work they opened fire have both of the amount paid administrative leave which is standard protocol during these types of investigations. >>darya: and uc-berkeley the pastness told the new york times that he was caught of his uncle before the flight about a speech he had attended where the secretary-general talk about security in the past was speaking in arabic and he did mention is genomics the group while he was talking about this speech. >>darya: the man is expected to survive also dr

the army corp of engineers, col. carl strock, was forced to testify before congress for his agency's role in the disaster. since the 1920's that branch of the millitary has been responsible for the city's structural defenses. one year later, they released a 6,000 page report publiclly accepting responsibility for the levee failures. col. carl strock said, quote- "we had a catastrophic failure" ...and "words alone will not restore trust in the corps". >> do you think that new orleans is safer than 10 years ago? >> i would say new orleans has much much more robust defenses than it did 10 years ago unquestionably. >> mike park is the chief of operations for the army corp of engineers new orleans district. he was born here, and in charge of cleanup and rebuilding after the storm. >> construction is in progress. >> the army corp has been working non stop to mitigate storm damage...their solution still one year away from completion is the new storm risk reduction system. this new system surrounds 4 new orleans' parishes. it now includes, 133 miles of levees, flood walls, surge barriers and pumping stations. this innovation-the

has slowed down far too many important investigations ranging from sexual assault in the peace corps to the f.b.i.'s exercise of antiterrorism authority under the patriot act. last july the justice department office of legal counsel aided and abetted the obstruction by issuing a memo defending that inspector generals aren't necessarily entitled to all records. that memo has given cover then to other agencies to follow the f.b.i.'s lead and withhold records from their inspector general. according to the office of legal counsel's 66-page opinion, congress really didn't mean to give i.g.'s access to all record, even though that is literally what we spelled out in that law. now think about that for a second. one unelected bureaucrat in the justice department thinks he can overturn the will of 535 elected officials in congress and the president who signed the bill into law. this is unacceptable, and americans are tired of these stunts, stunts like this that undermine democracy and the rule of law and actually make a mockery of government transparency. the public deserves robust scrutiny of the federal go

the dream corps. he is the co-founder of #cut50, a national bipartisan initiative to reduce the u.s.'s incarcerated population by 50% over the next 10 years. van jones was president barack obama's green jobs adviser in and founded green for all. 2009 he is also a cnn political commentator we welcome you both to democracy now! what happenedut last night. a victory for the underdogs. >> absolutely. it was unprecedented. usually, wisconsin goes with the winner and the front runner in both the republican and the democratic primaries. this year, it was a big upset. on the republican side, i think what you saw was an anti-trump vote. i don't to get a summit to sell wisconsin republicans consolidate behind ted cruz as you saw them looking for an alternative to donald trump. there was a heavy push for him by scott walker, by the right wing radio talkers in the suburbs of milwaukee who really drive republican politics since the rise of walker here. you saw this push for anybody but trump. that anybody right now looks like ted cruz. there's a very strong evangelical vote. evangelical christians

the port. >> reporter: lieutenant adrienne hopper, is an operations officer in n.o.a.a.'s commissioned corps r.p.m.s. thrusters all ahead 400. >> reporter: she and her crew will be maintaining several buoys along the equator called the tropical atmospheric ocean array. the t.a.o. buoys were deployed to better understand el niÑo by gathering data just above and below the surface, and beaming it to forecasters via satellite. >> this is a temperature and conductivity probe. this is one of the first probes that's immediately below the surface of the mooring collecting temperature and conductivity data. they go down about every 20 to 25 meters between the surface down to about 500 meters. >> reporter: when you think about el niÑo, this is kind of where the rubber meets the road, as it were, right? >> absolutely. >> reporter: it really is a key point to know what's going on underwater and the atmosphere immediately surrounding it. >> together. >> reporter: they hope to add one more piece to the puzzle on this voyage, launching weather balloons every three hours-- >> okay, one, two, three, release.

the year. "news4's" jackie bensen has more on his aspiring accomplishments. >> reporter: this young man is in his own right a hero to the united states marine corps and a lotple. this 9-year-old whose dad is a marine was just 2 years old when he was diagnosed with a rare form of kidney cancer and treated at walter reed military center. by age 4 with one kidney left he was doing speaking engagements to raise money for childhood cancer. >> i've raised money of over $4,000. >> reporter: christian was one of six young people recognizeded a a military child of the year by homefront, organization that supports military families. each gets a certificate, laptop. >> when you talk about what we ask our servicemembers to do, we have them go out and serve this nation in a variety of places but they have a family. >> christian wants to be a marine like his dad, but whatever career he chooses will no doubt benefit from his inspiring energy. >> school and everything is on the weekday, but the cancer walk is on sunday or saturday and it's helping the homeless on sunday or saturday. >> and we're told at any given time there are 1.9 million children living with their milit

that changed in the 1990s when a group of kids with the earth conservation corps helped clean up d.c.'sduces new bird watchers to the club, including this sergeant. >> you can't help but smile. they're cute. we're people, too. >> eagles have captivated america from commercials to viral videos like this one of donald trump getting his feathers ruffled. which got almost 3 million views. but that's nothing compared to this eagle. ♪ whose bright stripes and bright stars ♪ >> challenger who for years has been an ambassador for the species. the star attraction soaring over crowds at major sporting events including nfl and major league baseball games. on friday he'll perform at constitution hall in washington. we caught up with challenger and trainer "a" while they practiced for the big moment. >> they're a symbol of power but they stand for everything we stand for as americans, freedom, independence, democracy and spirit. >> how big is the wing span of this bird? >> about a six-foot swing span. >> what does that mean? he's ready to fly? >> he's ready to fly. >> we saw that power eighth majest

the daily news published a report questioning his commitment to 9/11 relief. >> fox 5's joe tuohey joins now to explain. >> the day started off when donald trump's traveling press corps were invited to trump tower to cover a to-be-announced event, and that ended up being trump's first-ever trip to the 9/11 memorial. but how the rest of the day unfolded was the rest of the story. these are all the pictures we have. posted by visitors to the museum, not the news media invited to cover the event. reporters were originally told the billionaire would answer questions after the visit, but when trump left the museum, he got in the motorcade, drove past the waiting reporters, and the press gaggle became officially canceled. this afternoon a new report from the new york daily news claiming that trump hasn't given money to 9/11 victims. the daily news reported, quote with: the billionaire's charitable foundation has not made a single substantial donation to any 9/11-related nonprofit groups that have aided survivors, rescue workers and the families of the first responders who gave their lives after the devastating terror attacks. but trump did accept $150,000 program meant to

[captions copyright national cable satellite corp. 2016] [captioning performed by tional captioning institute] >> the chair of washington d.c.'s metro rail board testified on capitol hill. we will be airing that hearing just after 10:30 tonight here on c-span. a preview, an exchange between the metro board chairman and congressman mark meadows. >> if you want me to come up here and give you good news, i'll do that. that's the only reason i'm here. if you give me 30 seconds. mr. meadows: where's the $18 billion and if you are going to get testy about it. let me just say, i've got the numbers and looking at increasing the revenue, you become the most expensive operating system more than chicago, new york and pennsylvania, why would you have the highest operating costs out there? what would justify that? if you want to look at numbers? >> we are the second largest transit system in america. mr. meadows: -- go to beijing, shanghai, paris, london and moscow and see a world class system. this is an embarrassment and all in this together and -- mr. meadows: those are all communist countries. >> par is, london, communist countries. an

the timetable? mr. king: i want to work with you to advance that request. we begun to work with states to think about how they might s, and we are corp hopeful the budget process will lead to the resources we need to make this a reality. franken: is senator scott returning? mr. alexander: no. we are going to have a second round of questions, but if you have another question. one more question. and theabout college, frog and predatory lending process at for-profit schools like corinthian colleges have victimized thousands of students nationwide. these students now have a lot of debt. worthless degree, and bad credit. orse thematters w use of force arbitration which many for-profit schools rely on when customers or employees seek justice for being mistreated have prevented students from holding for-profit schools accountable in court. an investigation of 27 for-profit schools by this committee found 21 of these schools had students sign arbitration agreements as part of their enrollment process for any dispute that may arise between the student and the school. these clauses require any student who has fallen victim to formula activity for a for-profit college, i

that changes in the 1990s when a group of kids with the earth conservation corps helped clean up d.c.'s anacostia river and bring them back and shipping 16 eagles here from wisconsin and woods was one of those children's. now two decades later, he keeps watch and introduces new bird watchers to the club including this lieutenant. >> you can't help but smile. they are cute. we are people too and police officers and we appreciate fuzzy things just as much as the next america. >> hello, eagles! >> reporter: eagles have captured commercials to viral videos of this one like getting donald trump's feathers ruffled that got almost 3 million views. but that is nothing compared to this eagle. for years, has been an ambassador for the species. the star attraction soaring over crowds at major sporting events, including nfl and major league baseball games. on friday, he'll perform at constitution hall in washington. we caught up with challenger and trainer al seseri as they practiced for the big moment. >> they are a symbol of power but also stand for everything we stand for. our freedoms, our inde

the 1950's. it is obvious forward position in an advantageous place so the u.s. military likes it there and the marine corpsikes it there, the air force likes it there. meanwhile, okinawa has changed. it is not this little island where a few people live and there are fishermen. okinawa is a big place with huge cities, and the cities have grown up around the bases. this is the same thing that has happened all over the world. this has happened on mainland japan, in the united states, where a naval base or air force base was put out in the woods in the 1920's and now it is surrounded by a giant city. we have this at oceana in norfolk and we have this near san diego. it happened in okinawa, too. those in okinawa do not like various aspects of this. these 19-year-old's marines running around with testosterone, bumping into each other. it does not appeal to them they want the marines out. ok, so marines out. but, a wonderful place. so, a compromise got hammered out several years ago in which -- i will not be clear on this, but i think it is about half of the marines that are currently -- that were currently in ok

s corp. tax return. it comes down to your personal income statement. trump is proposing the lowest rates of all of the candidates when it comes to taxes. he's putting forth a 15% business income tax rate. the current corporate rate is 35% which means that for me, running my business, and all of my clients, whatever income comes down to my income statement will only be taxed at 15% which is really, really low. that's very, very good. not only that, he like the other republican candidates want to eliminate the capital gains tax all together. whereas on the democratic side, bernie sanders, hillary clinton, they want to keep it there. they even want to tax it as ordinary income. >> gene, up against a hard break. appreciate it. >> thanks for having me on. >> gene, thanks so much. with that we're going to move over to ted cruz who is on the stage. fargo, north dakota at the gop state convention there in north dakota. let's listen in. >> -- small businesses all across the united states of america. if i'm elected president, we will repeal every word of obamacare. we'll pass common s

provide assistance and training to both the army corps headquarters and the afghan national police are very important. mr. mccain: who are the most our military s in testified russia is the greatest threat to america. do you agree? mr. scaparrotti: i do agree. mr. mccain: a "new york times" story this morning, a threat in the north atlantic. are you concerned about sea lines of communications in the atlantic and suez? mr. scaparrotti: i am concerned. mr. mccain: russian fighters made passes inside of 50 feet up. heard my opening statement. what should be our response to this gross violation of international law? mr. scaparrotti: i believe that from a military perspective we should sail and fly wherever we're allowed to by international law and we should be strong, clear an consistent in our message in that regard -- and consistent in our message in that regard. mr. mccain: this may sound a little tough, but should we make an announcement to the russians that if they place the lives of our men and women onboard navy ships in danger that we will take appropriate action? mr. scaparrotti: i believe that should be known, yes. mr. mccain: i thank you

there are other things that can be done to help us save lives .s well but these things, working with these projects, that the core of -- corps of engineers already has on its docket, has on its agenda, is working on, finishing these projects can indeed help us to save lives. let's talk about the rainfall. so thalk get some sense of -- so that you can get some sense of how much water inundates our city. in 2015 we had 11 inches of rain. that's a lot. in 2016 we had 17 inches of rain. in 2016, that amounted to about 240 billion gallons of rain. that's a lot of water in one place at one time. the rescues, my colleague alluded to people being rescued. ll, in 2015 we had 531 water rescues. in 2016, 1,200 high water rescues took place. and this is a good point for me, mr. speaker, a good place for me to commend the newly elected mayor of houston, texas, the honorable sylvester turner, who is doing an outstanding job, a stellar job, just arrived on the job, but he has really done well with the circumstances that he's had to deal with. so i commend him. i also would like to mention now the homes that have been damaged. in 2015 the e

the 1234r of a story on our s&p. >> he was honored as military chimd child of the year. jackie bensen has more. >> reporter: this xwrunk myounga hero to the united states marine corps and a rot of other people. 9-year-old crist have a gala oig was just into when he was diagnosed with a rare form of cancer and treated at walter reed. by age four, yes, with only one kidney left, he was doing speaking engagements to raise money for childhood cancer programs. >> i raised over more than $20,000. >> reporter: christian was one of six young people recognized as a military child of the year by operation home front, an organization that supports will military families. ich recipient gets $10,000, a laptop, and a heartfelt thank you for the multiple relocations, new schools and extra responsibilities. >> when you talk about what we ask our service members to do, we have them go out in a variety of different places, but they have a family. >> reporter: christian wants to be a marine like his dad. but whatever career he chooses will no doubt benefit from his inspiring energy. >> school and everything is on the weekday. and like cancer walks on saturday or sunday. and then helping th

s against the vietnam war. when you don't have to be called to go fight, war protesting is a lost art. [laughter] >> last question. you spent a life of service, in the marine corps, and a lot of nonprofit boards to help people, ,ike scholarship foundations marine memorial associations and other nonprofits. you seem to have a desire to always be in a position to service to your country. what is your next plan? mr. pham: i had explored running , and i did run for nine months for the republican nomination in california. i withdrew from the race last month due to several personal factors in my life, as well as the dynamics of the race. to community and country are honorable, and i think i learned that through meeting people. the sponsors of our family, the men and women in uniform, the vietnam veterans, and the veterans that continue to support our troops through nonprofits like the marines' memorial. as far as politics, my late father would say, not for me. we will have to see what happens after this cycle. >> thank you very much. [applause] >> on history bookshelf, hear from the best-known history writers of the past decade. every saturday at 4:00 p.m. eastern. an

the u.s.'s most important foreign policy partners is something that's not the country with a government that's not the government, a foreign minister who is not a foreign minister, at diplomatic corps that is not a diplomatic corps, with all of these elements making and implementing foreign policy our behalf of an organization that no one, including europeans themselves, has ever been able to define in a way that everyone can agree on. so that was my overview of the eu. the eu is completely different from anything that has ever existed before in the world. was at the root of all this? how did this strange new thing called the eu come about? that brings us to the site of the two topics i'd like to cover, the trans-atlantic clash of visions between the u.s. and the eu. this is a complex topic of course but in principle what america's must understand is that the eu and the u.s. have fundamentally different visions of the world. the u.s. vision of the world and of international affairs is that of the world of sovereign nations. the u.s. hopes to achieve a more peaceful and prosperous world by promoting democracy and rule of law so that the world system is tested with by democratically

the u.s.'s most important partners is something that is not a country with a government that is not a government, a foreign minister is not a foreign minister, a diplomatic corps that is not a diplomatic corps, with all of these elements on behalf of an organization that no one has ever been able to define in a way that everyone can agree on. eu. is my overview of the it is different from anything that has ever existed before in the world. what is at the root of all of this? how did the eu come about? that brings us to the second topic, the transatlantic clash of visions between the u.s. and eu. , but a complex topic americans must understand that the eu and u.s. have different versions of the world. world's vision of the of sovereign nations. the u.s. hopes to achieve a more peaceful and prosperous world by promoting democracy and the rule of law so the system is distinguished by democratically accountable governments accountable to their citizens that cooperate peacefully. the eu's vision is of a post-nationstate world in which war and conflicts are overcome because the full sovereignty of nationstate is relinquished to global governance based on a web of in

s is "the new york and they have been very nice. [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. 2016] american history tv on c-span3, this weekend, tonight at 8:00 eastern, barry goldwater --ir of american institution john dean teaches about watergate and the discovery of the nixon white house taping system. >> i was aware of listening devices -- >> when were they placed in the oval office? approximately the summer of 1970. i cannot begin to recall the precise date. >> actually, the dates are little bit wrong. february 16 of 1971 is when the system was put in the oval office. -- next is the room all do our equal part. as i've already said today, we have not been very good stewards, but you are setting the example to rebuild a government that comes from -- >> ross perot at a campaign rally that may. influencenot just journalism at his time. he is such a powerful force. sensationalism is the one word that is possibly linked to joseph pulitzer. asthink of sensationalism tabloid journalism, but he was using it to rights wrongs. at 6:30, we continue with the 100th anniversary of pul

the u.s.'s most important foreign policy partners is not a country with a government that's not a government, a foreign minister is not a foreign minister, a diplomatic corps that is not a diplomatic corps, with all of this making and implementing foreign policy on behalf of an organization, that no one, including europeans themselves, has ever been able to define in a way that everyone can agree on. that was my overview of the eu. the eu is completely different from anything that has ever existed before in the world. what's at the root of all this? how did this strange new thing called the eu come about? that brings us to the second of the topics i would like to cover. this is a complex topic, of course. in principal, americans must understand is that the eu and the u.s. have fundamentally different visions of the world. the u.s. vision of the world and of international affairs is that of a world of sovereign nations. the u.s. hopes to achieve a peaceful and prosperous world by promoting democracy and the rule of law so the world system is distinguished by democratically accountable governments of nation states accountable to citizens that cooperate peace

should not be easy for industries dominated by the iranian guard corps to trade in international markets, international business leaders, directors, c.e.o.'s and general counsels should not rush into iran for fear of the grave reputational, financial, political, and legal consequences of doing business with this outlaw regime. the iranians know that the obama administration is desperate to preserve the nuclear deal. they hold the possibility of walking away from the agreement as a sort of damocles over the president's head in order to extract concession after concession. they lord it over him in order to forestall any u.s. action that would meaningfully stop the regional aggression and campaign of of terror. so intense is president obama's fear that the ayatollahs will rip up the nuclear agreement, that he has completely upended u.s. strategy in the middle east to the point where our adversaries are allies and allies are becoming adversaries. this parade of concessions must stop, and it must stop now. the administration must fully implement all new sanctions passed by congress to punish iran's development of ballistic missiles and sponsors