Tag Archives: plan

VW has a $12 billion plan for electric cars in China

Electric cars of tomorrow The world’s largest automaker is putting big money into electric vehicles in China. Volkswagen(VLKAF) and its local partners plan to invest more than €10 billion ($ 11.8 billion)to build electric and hybrid cars in the country — the world’s biggest auto market — over the next seven to eight years. More electric vehicles are sold in China than anywhere else on the planet — and the national government is pushing companies to design and build them on Chinese territory. Related: How China plans to beat the ...

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Tax bill crunch time; Markets rebound; VW plan in China

Click chart for more in-depth data. 1. Tax bill crunch time: Republican efforts to make drastic changes to the U.S. tax code are center stage in Washington. It’s a full court press: President Trump is expected to meet with congressional leaders, and the House will start debate on its bill. If successful, the tax overhaul would be the Republicans’ first substantial legislative victory under Trump. The major question for investors is whether the House and Senate Republicans will be able to reconcile their competing versions of the plan without losing ...

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White House economist and former Treasury Secretary spar over Trump tax plan

Trump’s chief economics adviser defends tax math A high-profile economist and President Trump’s chief economic adviser presented starkly different views on the president’s tax reform proposal. Speaking on CNN’s “GPS” with Fareed Zakaria on Sunday, Trump adviser Kevin Hassett defended his claims that lowering the corporate tax rate from 35% to 20% would lead to a $ 4,000 annual pay raise for the average American household. Former Treasury Secretary Larry Summers, also appearing on “GPS,” called Hassett’s claims “fake facts.” He alleged Hassett cobbled together a “political brief” rather than ...

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Reality check: Will Trump's tax plan really give you a $4,000 pay raise?

These popular tax breaks could be on the chopping block The White House is actively marketing the promise that President Trump’s tax plan will mean at least $ 4,000 more in income every year for the average household. That figure is based on a report by Trump’s chief economist Kevin Hassett, who looked at various studies to gauge how cutting the corporate tax rate to 20% from 35% today might affect workers’ pay. But before anyone reworks their budget to make way for all that new cash, here are a ...

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Catalonia independence: Puigdemont 'will not accept' Rajoy plan

Media playback is unsupported on your device Catalan President Carles Puigdemont says Catalonia will not accept Madrid’s plan to curb the region’s autonomy. In a statement, he described the imposition of direct rule as the worst attack on Catalonia’s institutions since the Franco dictatorship. Spanish PM Mariano Rajoy’s plans include the removal of Catalonia’s leaders, and curbs on its parliament. It follows the independence referendum that went ahead despite being banned by Spain’s Constitutional Court. Mr Puigdemont said the Spanish government was acting against the democratic will of Catalans after ...

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Twitter's plan to police hate speech and symbols

Rose McGowan blocked on Twitter Days after Twitter CEO Jack Dorsey promised there would be more aggressive rules coming to Twitter, the company outlined its policy changes in an email to its Trust & Safety Council on Tuesday. The email, first reported on by Wired and obtained by CNN Tech, details where the policy updates stand — including plans to treat hateful imagery and hate symbols on the platform as “sensitive media.” As with adult content and graphic violence on the platform, the content will be blurred and individuals will ...

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Why Trump says his tax plan could mean a '$4,000 pay raise' for the middle class

These popular tax breaks could be on the chopping block On Wednesday evening, President Trump again pitched the Republican tax reform framework. He sought to make the case that changes to the corporate tax code will be good for the middle class. Among his assertions: Encouraging U.S. companies to bring their foreign-earned profits back home will put money in the pockets of average workers. “My Council of Economic Advisers estimates that this change … would likely give the typical American household a $ 4,000 pay raise,” Trump said in a ...

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Jeremy Corbyn: It's right to plan for run on pound

Media playback is unsupported on your device Jeremy Corbyn says it is “right to look at all these scenarios” after his shadow chancellor suggested that there could be a run on the pound if Labour went into government. John McDonnell said Labour was doing “war-game-type scenario-planning” for events such as “a run on the pound”. He made the comments at a fringe event at the Labour conference. A party spokesman said the preparations were for events that could occur under any government. Labour gained 30 seats in June’s general election, ...

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Volvo’s 2018 XC40 Lease Plan Puts You in a New SUV Every Year

This site may earn affiliate commissions from the links on this page. Terms of use. Volvo will offer its just-announced 2018 XC40 subcompact SUV with the option of a yearly upgrade: One monthly lease payment gets you the car, maintenance, insurance, and the chance to get another new Volvo 12 months from now. This may be the solution for technology-oriented drivers who see a three-year-old car as ancient in infotainment, self-driving, safety, telematics, and fuel efficiency. With the XC40, Volvo now completes a subcompact-compact-medium line of SUVs with the subcompact ...

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Sources: Goodell, Smith discussed Trump plan

8:30 AM ET NFL commissioner Roger Goodell and NFLPA executive director DeMaurice Smith spent part of Saturday discussing how to best handle President Donald Trump’s statements about player protests, according to league sources. Reaction to President Trump’s comments was widespread, with several team owners issuing statements and many players opining on social media on Saturday. NFL players register their feelings on social media regarding the comments of President Donald Trump on players who kneel during the national anthem. 1 Related Goodell and Smith also spoke to players such as Philadelphia ...

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