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Nov 13, 2017
11/17
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happening right now in new jersey, congressman tom mcarthur is hosts treasury secretary, steve mnuchin, and presidential adviser, ivanka trump, for a public discussion of the tax plans. this is a live look right now at the event at the beyville fire hall. you can look for lauren mayk's report on the meeting coming up today on nbc 10 news at 4:00. >>> happening in the next hour, new jersey democratic governor-elect phil murphy will join with democratic members of his state's u.s. house delegation in newark to respond to the republican tax plan. they are expected to criticize the plan for limiting deductions for state and local taxes, student loans and medical expenses. democrats have also denounced the plan, because they say most of the benefits would go to the top 5% of wealthy households in new jersey. >>> happening now, democratic congressman bob brady and dwaid evans are joining labor leaders to talk about the tax plan. they want to highlight the fiscal and human costs of the gop tax plan. we'll have a live update at 11:30. >>> to this now. police arrested a woman in the shooting de
happening right now in new jersey, congressman tom mcarthur is hosts treasury secretary, steve mnuchin, and presidential adviser, ivanka trump, for a public discussion of the tax plans. this is a live look right now at the event at the beyville fire hall. you can look for lauren mayk's report on the meeting coming up today on nbc 10 news at 4:00. >>> happening in the next hour, new jersey democratic governor-elect phil murphy will join with democratic members of his state's u.s. house...
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Nov 13, 2017
11/17
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treasury secretary steve mnuchin governor chris christie and representative tom mcarthur are also partthe invitation only event at the bayville fire hall. there are two tax proposals in congress, a house bill and a senate version. >> much more still ahead on "action news" at noon. a heart stopping close call. how a child run in front of a on yuming truck and how the driver avoided that boy in time. >> a disruption to the deliberations in senator ballistic missile's trial. why a judge is questioning some of the jurors in his chambers. >> meteorologist, david murphy is back with a closer look at that seven-day forecast from accuweather when "action news" at noon continues in a moment. >> ♪ she never let anything slow her down. even now. and aetna is moving medicare advantage plans forward right along with her. we offer $0 monthly plan premiums. and a limit on out-of pocket medical costs you pay each year. call aetna today and we'll send you a $10 reward card with no obligation to enroll. because getting older clearly isn't what it used to be. >> this is new video of a terrifying close ca
treasury secretary steve mnuchin governor chris christie and representative tom mcarthur are also partthe invitation only event at the bayville fire hall. there are two tax proposals in congress, a house bill and a senate version. >> much more still ahead on "action news" at noon. a heart stopping close call. how a child run in front of a on yuming truck and how the driver avoided that boy in time. >> a disruption to the deliberations in senator ballistic missile's trial....
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Nov 13, 2017
11/17
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. >> reporter: ivanka trump will be joined by steve mnuchin and tom mcarthur. t is in bayville, outside of toms river. the first daughter is traveling the country now touting her father's tax plan as a winner for middle-class americans. outspoken democrats like new york senator chuck schumer zeroed in on new jersey this weekend saying a plan, a attacks plan that includes changes to the state and local tax deduction is not for new jersey because it affects states the most where taxes and home prices are higher. >> no bill that hurts the middle class, hurts the poor, and gives almost every penny of help to the wealthy and powerful corporations. we will win this fight. >> the focus and the stated focus consistently over and over again at this administration is a priority on middle-income american families. >> and the comment you heard from ivanka trump were made last month when she was at a similar tax reform event in bucks county m county. chuck schumer said similar measures can defeat the bill. the house and senate hope to vote on the new tax plan by the end of t
. >> reporter: ivanka trump will be joined by steve mnuchin and tom mcarthur. t is in bayville, outside of toms river. the first daughter is traveling the country now touting her father's tax plan as a winner for middle-class americans. outspoken democrats like new york senator chuck schumer zeroed in on new jersey this weekend saying a plan, a attacks plan that includes changes to the state and local tax deduction is not for new jersey because it affects states the most where taxes and...
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Nov 15, 2017
11/17
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the campaign of new jersey, tom mcarthur, spent more than $15,000 at trump properties. mcarthur's staff did not respond to requests for comment. and do not forget, president trump maintains ownership over the trump organization despite handing day-to-day control over to his two adult sons. you remember, don jr. and eric. those who comment via twitter on politics day in and day out and regularly appear on fox news to discuss the president. that's interesting. >>> coming up, roy moore already hitting back against the republican establishment. this morning, will his fight to win hurt the party at large? maybe or maybe not. some people want a civil war. >>> a morning latte, some strategically-placed needles, unicorns and sore muscles. with the help of two very special pint-sized helpers, i finally took some time out of my busy schedule to get in the small business saturday spirit and try some new businesses in my own brooklyn neighborhood. for more, watch "your business" weekend mornings at 7:30 on msnbc. >> sponsored by american express, founding partner of small business
the campaign of new jersey, tom mcarthur, spent more than $15,000 at trump properties. mcarthur's staff did not respond to requests for comment. and do not forget, president trump maintains ownership over the trump organization despite handing day-to-day control over to his two adult sons. you remember, don jr. and eric. those who comment via twitter on politics day in and day out and regularly appear on fox news to discuss the president. that's interesting. >>> coming up, roy moore...
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Nov 3, 2017
11/17
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CNBC
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new jersey representative tom mcarthur told reporters he wants the limit to go up to $12,500. only about 35% of the state and local tax deduction actually goes to real estate taxes. more than 60% is used for income taxes, so this could be a significant hit for households about 44 million households claim these deductions across all incomes and in every state and that makes this really hard to kill off. a coalition of state and local government organizations that call themselves americans against double taxation, they vow to fight this tax plan now, republican leadership argues that middle class families won't need this anymore because their plan doubles the standard deduction instead guys, i talked to house ways and means committee chairman kevin brady yesterday. he said that he is staying at the negotiating table on this issue, and he hopes the other side does too. back over to you >> thank you very much appreciate that. so exactly how will republicans from blue states with high local taxes vote on the bill let's find out joining us is congresswoman claudia tenney of new york
new jersey representative tom mcarthur told reporters he wants the limit to go up to $12,500. only about 35% of the state and local tax deduction actually goes to real estate taxes. more than 60% is used for income taxes, so this could be a significant hit for households about 44 million households claim these deductions across all incomes and in every state and that makes this really hard to kill off. a coalition of state and local government organizations that call themselves americans...
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tom mcarthur, republican from new jersey, who yesterday did not like idea of getting rid of state and. ashley: this is from brian schwartz, our producer. look it is not enough. elimination of amt will soften blow of eliminating state and income tax deduction but the property tax deduction is still too low. i'm working on it. stuart: let me explain this. the original proposal -- ashley: 10,000 cap. stuart: you would get rid of all state and local taxes deduction there for. that is not the case. they will get rid of the deduction for state and local income taxes but they will keep the deduction for property taxes, up to 10,000. congressman mccarthy says, that is not enough. ashley: too low. not enough. needs more. stuart: this is where the horse-trading is. you have to make sausage here. larry, you're expert at this. this whole package you're in d.c. the sausage factory. >> they talked about a two to three week committee process, relatively open process. you are pretty good supply-siders in influential committees. whole bunch of people from the freedom caucus. there will be horse-tradin
tom mcarthur, republican from new jersey, who yesterday did not like idea of getting rid of state and. ashley: this is from brian schwartz, our producer. look it is not enough. elimination of amt will soften blow of eliminating state and income tax deduction but the property tax deduction is still too low. i'm working on it. stuart: let me explain this. the original proposal -- ashley: 10,000 cap. stuart: you would get rid of all state and local taxes deduction there for. that is not the case....
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Nov 4, 2017
11/17
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CSPAN
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mcpherson: honestly, with today,promise -- just tom mcarthur from new jersey said he ran the numbers and it is ok for his district and that he is ok with the language now. there are still some members concerned. york, and beyond a -- biondo from new jersey. there can be a slight tweak on the cap to get one or two members on board. i think they are willing to lose some people over that. mr. scanlon: it all starts monday, the ways and means committee meeting on monday at noon eastern. what are key issues you will look for, and the key members you will be following as the markup continues next week? ms. mcpherson: a key issue to isch on the republican side, on the small businesses. a lot of rank-and-file members have been saying the guard rails they put in place on the 25% rate for small businesses that limits the amount of income they can claim is business income. they say it does not apply to enough businesses, like the personal service industry, doctors, accountants, lawyers, engineers, do not benefit as much as manufacturers and investment firms. there is a lot of push to make chang
mcpherson: honestly, with today,promise -- just tom mcarthur from new jersey said he ran the numbers and it is ok for his district and that he is ok with the language now. there are still some members concerned. york, and beyond a -- biondo from new jersey. there can be a slight tweak on the cap to get one or two members on board. i think they are willing to lose some people over that. mr. scanlon: it all starts monday, the ways and means committee meeting on monday at noon eastern. what are...
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Nov 5, 2017
11/17
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CSPAN
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a i think they feel with compromise they won over a few ,f those members, just today tom mcarthur from new jersey said he ran the numbers. it actually is ok for his district and he is ok with the language. there are still some members but i'm not entirely sure they will make changes, or if they do it maybe a slight tweak on the cap. i think they are willing to lose some people. >> you called it four grueling days, in the ways and means committee meeting on monday. what are the changes and the key members you will be following as the market continues next week? >> the key to watch the republican side, there may be changes that are needed on the small businesses. a lot of rank-and-file members have been saying the guardrails they put in place on 25% rate for small businesses that limit the amount of incomes that taxes .an claim as business income they say it doesn't apply to ,nough businesses like doctors accountants, lawyers, engineers, don't benefit as much as manufacturers in other capitals. there's a lot of push to make changes there. i think some committee members may be open to som
a i think they feel with compromise they won over a few ,f those members, just today tom mcarthur from new jersey said he ran the numbers. it actually is ok for his district and he is ok with the language. there are still some members but i'm not entirely sure they will make changes, or if they do it maybe a slight tweak on the cap. i think they are willing to lose some people. >> you called it four grueling days, in the ways and means committee meeting on monday. what are the changes and...