TODAY ONLY - 4x your impact with a Giving Tuesday match! MATCH MY GIFT
Oct 19, 2017

10/19/2017: Tax reform’s brain drain

HTML EMBED:
COPY

Kai Ryssdal promised we weren't going to talk about tax reform today, but it kept coming up: Rep. Pat Tiberi's resignation from Congress signals a brain drain of tax code experts in the Ways and Means Committee, which could make tax reform a lot messier. And we checked in with a union leader in Erie, Pennsylvania, who wasn't exactly moved by President Donald Trump's big announcement that tax reform would lead to the rebirth of American industry. But we mostly focused on government regulation of political ads on Facebook and Google, corporate restructuring and how Brexit could trigger a crisis in the U.K. cheese industry.

Segments From this episode

Are Amazon delivery lockers your apartment building’s next amenity?

Oct 19, 2017
Amazon locker systems will be installed in apartment buildings across the U.S.
An Amazon delivery locker system, which routes Amazon shipments to a publicly-accessible locale, is viewed in a grocery store on November 2011 in New York City.
Spencer Platt/Getty Images

The UK's cheese industry is wary of Brexit

Oct 19, 2017
Cheesemakers, importers and exporters fear that leaving the European Union will be bad for business.
A cheesemaker mills curds in Dymock, Gloucestershire, in southwest England in February.
OLI SCARFF/AFP/Getty Images

How does manufacturing in Erie feel about tax reform?

Oct 19, 2017
There's some optimism, but it's not because of the GOP's tax plan.
Work gloves are viewed on the factory floor of a high end plastic processor on October 2011 in Reading, Pennsylvania. 
Spencer Platt/Getty Images

Drama, angst and a corporate shakeup — that’s GE

Oct 19, 2017
It’s been a rough couple of weeks for two of the country’s biggest conglomerates. Proctor & Gamble and General Electric have been fending off shareholder unrest over their lackluster stock performance. For GE, that drama has extended to the boardroom. Tomorrow, GE will give its first quarterly results since new CEO John Flannery took over. […]

Another Republican congressman heads for the exits

Oct 19, 2017
U.S. Rep. Pat Tiberi announced today that he’s leaving Congress in January — midway through his term. The Ohio Republican is a senior member of the tax-writing House Ways and Means Committee. That makes him part of what’s known as the governing wing of the Republican party — the folks with influence who can get […]

Pennsylvania’s budget stalemate threatens in-state tuition discounts

Oct 19, 2017
In Pennsylvania, a budget stalemate — one that’s been going on for more than three months now — is threatening millions of dollars that some universities count on to lower their in-state tuition. The state’s legislature adopted the budget over the summer, but it still hasn’t agreed on how to pay for it. Meanwhile, four schools — […]

Tech companies head to Capitol Hill over political ads

Is Congress ready to regulate Facebook and Google?
Sen. Amy Klobuchar, a Democrat from Minnesota, looks on as Democratic Sen. Mark Warner of Virginia introduces the Honest Ads Act on Capitol Hill on Oct. 19. The legislation is designed to increase the transparency of political ads on social media platforms like Twitter and Facebook.
Drew Angerer/Getty Images

Kai Ryssdal promised we weren’t going to talk about tax reform today, but it kept coming up: Rep. Pat Tiberi’s resignation from Congress signals a brain drain of tax code experts in the Ways and Means Committee, which could make tax reform a lot messier. And we checked in with a union leader in Erie, Pennsylvania, who wasn’t exactly moved by President Donald Trump’s big announcement that tax reform would lead to the rebirth of American industry. But we mostly focused on government regulation of political ads on Facebook and Google, corporate restructuring and how Brexit could trigger a crisis in the U.K. cheese industry.

Music from the episode

Te Vi Julieta Venegas
J-Boy Phoenix