There are 24 million birds, turkeys, chickens that have now been lost. Gerri all that and more coming up on the willis report where consumers are our business. Gerri brace yourself for the tax man. Nearly a dozen states are proposing a whole new slew of tax hikes. The roster includes raising sales taxes, income taxes capital gains, even property taxes. Some of these states led by republicans here with how much you could be on the hook for, pete seth head of National Taxpayer foundation. You are the perfect person for this interview. Thank you for coming on. I was stunned nearly 12 states now are trying to get more taxpayer dollars. What do you make of this . Is this a new trend. Even more than a dozen states when you factor the ones already done it and ones still hiding their tax increase proposals. Take a look at gas taxes for example. They have gone up in iowa, north carolina, idaho, south dakota. Theyre very well about to go up in South Carolina and other states. What do these states have in common . Republican governors proposing them signing them into law. Gerri i dont know about that. I have to tell you, im looking at these numbers. Theyre astonishing. Yet when you talk to people who have to pay the taxes theyre not too happy. Last night, in michigan, bes tax increase proposed there. Would take sales taxes up to 7 , bring in 1. 3 billion in revenue. Voters just didnt say no, they said hell no. Thats right. Gerri do you think voters are in angry mood . I think they are. Unfortunately in michigan theyre still going to be stuck with an ecommerce tax that the republican governor there snyder, has championed. This is a major gerri ecommerce . Ecommerce . Yes. An ecommerce tax. This is going to be a major threat if other states decide to mimic what michigan is doing. It could very well mean states are going to do what the federal government has been proposing for a number of years. There is going to be a whole cartel of this ecommerce taxation. Gerri all right. The thing that is confounding is that these states their tax revenues are now back to prerecession levels. Yes. Gerri why do they need more money. Why indeed . I think a lot of this is, only nixon could go to china strategy. Only republicans can apparently safely raise taxes now. They can take the political heat at a time when things like gas prices are cheap. I dont think that is necessarily the case at all. Nixon went to china to fight the cold war against the russians. These governors are making economic war on their own citizens. Gerri to give people a good idea here, connecticut wants to expand sales tax. Yes. Gerri weve got a proposal from louisiana for higher cigarette taxes. Kansas, property taxes. Nevada wants a higher business license fee on and on and on it goes, my friends. Everybody wants something. Yes. Gerri in some states, multiple tax increases taxpayers might face. I want to change gears here a little it about. And move to property taxes. Because heres my beef with property taxes. Let me tell you, i live in the highest property tax county in the country. So i know what im talking about. The value of my home has not gone above where it was in 2006 okay . We have never regained the lost ground and yet do you think my property taxes have gone down . Of course they have not. No. Gerri so you say property Tax Collections are going up across the country. Tell us about that. Yes. There was never this crisis in property tax revenue that local government officials predicted would happen when home values dropped. There was one year 2011, when nationwide property Tax Collections went down by, 1. 3 . Gerri tragedy. That is not not doomsday. No way. So what were looking at is almost half a trillion dollars worth of property Tax Collections at the end of 2014. That is a 25 increase from where it was in 2007. Now, something is going on here. Rates are going up somewhat. But one of ihe more sinister things is, theyre creating new taxing districts with their own property tax authority. Whereas you paid for your garbage out of your general property tax, for example. 10 or 20 years ago they create a trash collection district, that is charging you separately. Your general taxes stay where they are. There is new tax and suddenly youre paying more. Gerri, you know i think my friends would say that sucks. Pete, thanks for coming on the show. My pleasure. Gerri you sure know how to hurt a girl in the afternoon, let me tell you. Thank you for being here. Great job. Take care. Gerri i want to mention to our viewers, property Tax Collections compare your property taxes to average across the country the average is 3188. Moving on to the economy which isnt such good news either economic numbers are amiss. That is what las vegas businessman, steve wynn says. He says what the white house keeps promoting were in economic recovery is flatout lie. Some economic numbers may prove wynn right. With us moodys economist john lonski. Always good to have you here. Before we get started i want you to hear what steve wynn said. The idea of america is in grips of a great recovery is pure fiction. Its a lie. Really . Jobless recovery because recoveries are marked about the amount of real employment. And if you count the people that left the workforce real unemployment is 15 to 20 . Gerri john, you have to give him this. This has been a jobless recovery. How much of that do you agree with . In tone very much so. This is the dullest economic recovery since the second world war. You know, were getting some troubling news on Economic Activity for the Second Quarter already. We probably contracted in the First Quarter. That means it is highly unlikely that the economy will grow by 3 this year. 10 straight years under 3 , no precedent. Average annual rate of growth 1. 5 . That is miserable. No wonder, we, we have the worst recovery again since the second world war. Gerri i think number you always pull out is so interesting. Were on track for 10 straight years of Economic Growth below 3 . This is the not america you grew up with. This is not what were used to. This is not what creates jobs. Even during the 1930s, would have horrible year gdp would be down sharply but following year comes up four or 5 . That is not happening. Something fundamentally changed with the u. S. Economy. The Growth Potential we knew in previous years just isnt here anymore. Gerri well, astonishing and shocking. As you said, friday we get monthly unemployment report. Let me tell you i heard this some times from the white house. Look, the consensus number out there, 5. 4 . That sound like good news. What is missing from that equation . Well, parttime jobs are included. Lets not forget about the fact there has been a lot of labor force dropouts. The fact is this. Since the beginning of 2008, weve added three million jobs. Very good but at the same time we grew the number of americans aged between 16 and 64 years of age by nine million. So, were weve increased payrolls by only 33 , 1 3 of the increase of the working age population. That is lousy. Gerri my opinion that is not enough. No. Gerri obamanomics is not working. If youre right if the First Quarter will get revised to negative that is really the expectation out there, we have one foot in recession here. We have one foot in recession. Were going to be in recession. As you know, kind of thing you never know until youre really out of it. Thats true. Year after year, economists have projecting this big pickup in growth. It is simply not happening. Gerri no. I think you will find out within the next week, when the latest consensus projections come out for 2015. Real gdp growth. Closer to 2. 5 than to 3 . Gerri consensus 5. 4 . You know what the government will say. They will say, this is the lowest Unemployment Rate since the financial crisis. This is terrific. When you start from a low base you should be doing a lot better. It is much easier to get very strong Growth Numbers from low base to a high base. Despite a very low base formed by the Great Recession were still struggling to get decent growth of a fuller, utilization. Gerri i agree. I think youre right on target. We have to get to one other issue here. That is janet yellen, who spoke today. For goodness sakes, the woman said steeply higher Interest Rates are in the offing. Are you changing all of your models right now . No, im just rolling my eyes at that particular statement. It makes absolutely no sense. We still have very slack labor market. We have problems overseas. Latin america growth is close to 1 . My goodness chinas doing poorly. There is a very limited up side for bond yields. I wouldnt be surprised if we start getting weakerthanexpected data on u. S. Economy that now 2. 2 10year treasury yield is back under 2 fairly quickly. By the way the fed funds futures market believes that the federal funds rate at end of this year is no higher than. 5 of 1 . Fed policymakers can talk themselves blue in the face but the markets ultimately respect economic reality. Gerri john license kirks you are on fire tonight, my friend. Thank you so much for come on the show. Thank you. Gerri heard it here first janet yellen not corrects. Correct. Thanks, john. When he want to know what you think. Are the Government Economic numbers, are they a lie . Log on to gerriwillis. Com. I will share results at end of tonights show. Property Tax Collections on rise. We talked about that. Higher sales tax business license fees, capitalgains tax all going up but is your money being spent any better . The answer is a resounding no. Case in point. The irs issued 5. 6 billion in potentially bogus education tax credits in a single year. More than a quarter of all Education Credits claimed by taxpayers. That is according to a government watchdog. As we told you yesterday, credits are free money, directly from the federal treasury. Or can i be more precise here, that is your money. That is not all. Treasury Inspector General reported today over a 10year period, 1580 irs employees were willfully tax noncompliant. In other words, 1500 irs employees did not pay their taxes not because they made a mistake, my friends of the they did that on purpose. You and i cant getaway with that. Simply wrong for taxes to continually escalate higher especially when the money is wasted, frittered away. Just had to get that in. Still a lot more to come this hour, including now that you know your tax bill could be set to spike we have solutions to ease those property taxes. I sit down with fox newss the five cohost, dana perino to get her take on the republican president ial field. Send us an email, go to our website, gerriwillis. Com. 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Gov business gerri the 2016 president ial race is heating up with more gop candidates jumping in. Meanwhile Hillary Clintons favorabilities seem to be increasing. 65 say clinton has strong leadership qualities. So what gives . Joining me now is former White House Press secretary and cohost of the five, dana perino. She also has this new book out, a New York Times number one bestseller, the good news is. The good news dane at that thanks for coming on show. Youre an early reader of book. Gerri im a big fan of it too because it is fantastic. You did a great job with that book. Talk a little politics first. Come back to it, i will talk about my favorite parts. Hillary clinton, she seems to be weathering the scandal what is going on . I do think our media some ways were so hungry for next thing, turn the page for next news cycle i dont think we know how she is weather scandals. If you look at other polls like wall street journal and ap they had a different result. All those polls are good polls. Theyre getting different things. It is really early to tell. Remember this, first of all she hasnt answered any questions about i in of this. One of the ways you weather a storm you ignore it. That seems to work. Other thing none of the candidates that will be running against her in the next yearandahalf, have begun to try to define her and run negative ads, things like that. So we dont really know. Sadly i actually think for the American People regardless of politics there is a question here about a former president , whose wife was the secretary of state getting money into the familys foundation, that then results in an approval of that governments project that was in front of the federal government and required secretary of state approval which they got. That actually is not political. That seems to me like something that, at minimum the government the Justice Department and fbi should at least take a look at. Gerri tell you it is not one example. It is lots of examples. I think youre right, people generally havent digested this, got their arms around it. You would think it wouldnt be just republicans asking questions. Anybody who would go up against clinton. Now were seeing Elizabeth Warren meeting with private backers. What do you make of that . Is she coming out. A friend of mine who i trust very much, she can not understand why Elizabeth Warren doesnt just get in the race. She thinks Elizabeth Warren could beat Hillary Clinton like barack obama did in 2008. I personally dont see that i remember when barack obama face on the scene, my head said who is this, i like his sound. I like what he is saying. Elizabeth warren doesnt excite me in any way. Can i Say Something about the Clinton Foundation and money from foreign governments . Gerri yes. That money was stolen from the people of those countries. The people of those countries do not live in the fancy mansions that those leaders of those countries, that were writing big checks to have bill clinton give speeches and get approval from secretary of state clinton. That money was stolen from the very people that hillary and bill clinton say they want to help. Gerri many of them have repressive regimes to women. They dont talk to the press either. Gerri they dont talk to the press either. Quickly, one more candidate to talk about. Huckabee announced recently. He is getting flagged in his own house among republicans. Glen beck today saying he is spoiler. Wall street journal come out in editorial just slamming him. Yet his numbers are strong. What do you make of that . Look at, almost kind of a parallel, right . So the polls can tell you only so much. Hillary clinton has support from her democratic base. Mike huckabee has support and has maintained it for years with Certain Branch of republican party. The test for him will be to see can he get past some of this criticism and can he unite the party . Can he broaden that base . He will have enough money to get to the debates that start in august. Not too far away. Those debates are actually really going to matter. Everyone will have enough money to stay a little bit competitive. Gerri we have time for, the good news is. You shared it with me early. It is a great read. Im glad you said so. It is kind of nervewracking out and even after to ask somebody to read your writing. I wasnt sure if i see you in the hall, but that good is really good didnt mean it. I would have known you didnt like it. Gerri it was great to hear about your childhood where you grew up. So fascinating. The question i really have on my mind is about george bush. What he was like to work with . What did you learn from him . 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