Transcripts For FOXNEWSW Your World With Neil Cavuto 2019041

With a 7 proposed Corporate Tax on the big, Big Companies with revenues above 100 million. That is on top of the Corporate Taxes that they already owe, which should be above 21 . That she says could net the government a trillion dollars. Amazon made headlines because they paid zero Corporate Taxes last year according to some reports. Under warrens plans, they would pay close to 700 million. Warren is not the only one that wants money from the powerful and wealthy. Bernie sanders wants an estate tax. That could go up to 70 if you inherit something over a billion dollars. Hes also calling for a death tax increase. According to kirsten gillibrand, he wants to tax trades. A 1 2 levy on stock trades and a. 1 levy on bond trades. That would impact the investor and the Capital Markets here in the u. S. We have kamala harris. She says she wants to provide more tax credits and more credits for the lower income but reel back some of the tax cuts. In the end theyre looking to soak the rich to pay for the poor. Back to you. Neil thank you. If all of this was hurting wall street, had a funny way of showing that. Democrats are looking to pay for a lot of stuff with taxes on the wealthy. At least theyre saying they have to pay for that stuff. Is this the answer . We have zach here and david and last but not least, mary ogrady. You crunch the numbers. This is say where you can and get a lot of the money for this stuff. Can they . You know, Elizabeth Warren looks at this and most of the democrats looked at this stat in a static way. Were going to charge these taxes to these profits and this is the amount were going to get. Businesses respond to taxes. You cant depend on that because businesses make different decisions. Neil and with amazon, you start saying, all right, thats cutting into my return. Will i invest in amazon . By extension, what do i do in the end . Where do i go . In this case, her point is right. What mary said. That money wouldnt be there because the whole reason amazon didnt pay taxes is because they were able to instantly expense this year in the new tax code. So what she wants to propose is we take away incent ties from capital expenditures, if shes willing to do that to the productivity of the economy, there wouldnt be the profits to tax led alone the down stream implications for jobs and wage growth. Its an unserious idea. Neil one of the things i pointed out, Bernie Sanders said this in his last run. He said i wasnt going to just tax the rich but bring it to the middle class. He said for all of his big plans, i have to find a way to pay for it. Whether the added up is just as questionable. What do you think of the message being sent for the general nominee . I think that the fact that a number of the other candidates are hedging on this issue is very telling about how they view it in the general election, which is to say you see them saying medicare for everybody that wants it as opposed to medicare for all. Maybe we shouldnt do away with the system. With that, the goal posts have moved. Theres no question. Now its a litmus test that you have to sign on to this concept. Campaigns are more value statements than the Financial Statements in many respects. Well see where it goes. People are not totally on the bernie train right now on all the candidates. Theyre like little cars on that train. He has shifted the narrative. No question. Most of the candidates have Something Like this in place. So higher taxes, wealth tax, asset tax, Corporate Tax, sur taxes on people like you. When he says that hes going to drill down and not just the rich but the middle class more to tax them, at least hes being honest. Hes saying that youll get more bang for the buck than the extra bucks what hes admitting is he wants the state to own a larger around larger part of the economy, which is what socialism does. Thats why people are afraid of him. Hes not just talking about, you know he starts with were going to tax neil Elizabeth Warren is going after top companies. Thats the difference between what Elizabeth Warren said and what Bernie Sanders is saying. Republican conservatives of myself have been critical of not how to pay for it. But it has to be more than that one of them will come up with something. Neil and i blame both sides for coming up with ways to spend more money. You know, raise more money for that spending. Not to pair that spending. If hes serious, the last person that seriously said im going to raise money on the middle class is walter mondale. Didnt go well. Neil youre giving away your age. I think that we also has republicans and conservatives speaking for myself have to point out it doesnt work economically. Its not just about not just paying for it, its misallocation of capital, this is the first time i got to hear Bernie Sanders defend the profit motive. Neil and you could make a credible case for this sort of thing if the economy was doing miserably. Right . We have record high employment levels, virtually every may key Demographic Group in the country. We have an economy that is doing okay. Do you want to disrupt that now with outlandish talk along the way . Theres two parts. One is be realistic and say this wouldnt pass. Neil you always make those a some shuns. I dont feel it has a high likelihood of passing. I dont think the economy is working for everybody. The amount of economic insecurity that people feel throughout this country is real. Neil theres always economic insecurity. You think theres as much as there was before . Im not pinning it to any president , any party any time. But the numbers are the numbers whether people like President Trump or not. These are fairly good economic times, strong market teams. People are seeing it in their portfolios and their bosses that are adding to their payrolls at a fairly good clip. If thats true, why are his numbers not moving . A fair point. I agree with you. A separate subject. Neil it is. And we talk about it. I said the president would be up ten points if not for all the other stuff. But on the economic stuff its true that Bernie Sanders is going a of the the middle class. Elizabeth warren says im going after rich corporations. What they have in common is, what all socialists have in common, they hate capitalists but they love capital and they are salivating about this money. Neil it polls well. But they like a big state. They want money. Shes talking about taxing these corporations. Shes just salivating about this 1 trillion. They believe neil you worry about capital moves . Thats right. The point you raise is spot on. Medicare for all polls well but now when when you talk about the taxation. Neil you havent hooked up i havent. Neil who are you close to . I have a personal relationship with some of the candidates. Im not aligning with anybody right now. I dont think that barack obama would get through the 2020 primary. Neil hes warned about hes right. The circular firing squad is spot on. This is a winnable race for democrats and we might find a way to not win it based on what were doing. I remember feeling that way in the primaries that republicans have had, that Ronald Reagan wouldnt have grotten through our own primary. Now it seems like they moved left ward in a sense neil and you and i covered that. Thank you very much. Very good seeing you again. Meantime, we know spying on a trump aide did happen during the campaign. So now democrats are coming down on the attorney general, bill barr, for confirming that. After this. Every day, visionaries are creating the future. So, every day, we put our latest technology and unrivaled network to work. The United States Postal Service makes more ecommerce deliveries to homes than anyone else in the country. Ecommerce deliveries to homes its way day yes. Its wayfairs biggest sale of the year, and youre invited starting april 10, score our lowest prices since black friday on bestselling furniture, decor, and way more. Plus, everything ships free on way day. Everything . Everything. And flash deals launch all day long. Hey guys, check out the flash deal i just scored our biggest sale of the year only lasts 36 hours so shop way day starting april 10 at wayfair. Com. Openturning 50 opens theuard. Door to a lot of new things. Like now your doctor may be talking to you about screening for colon cancer. Luckily theres me, cologuard. The noninvasive test you use at home. It all starts when your Doctor Orders me. Then its as easy as get, go, gone. You get me when im delivered. Right to your front door and in the privacy of your own home. Theres no prep or special diet needed. You just go to the bathroom, to collect your sample. After that, im gone, shipped to the lab for dna testing that finds colon cancer and precancer. Cologuard is not right for everyone. It is not for high risk individuals, including those with a history of colon cancer or precancer. Ibd, certain Hereditary Cancer syndromes, or a Family History of colon cancer. Maybe ill be at your door soon ask your doctor if cologuard is right for you. Covered by medicare and most major insurers. Newday usas Operation Home buy a home with no down payment and not one dollar out of pocket for closing costs. And newday can say yes when banks say no. Why rent when you can buy . Mr. President , are you aware of the spying into your campaign . Yes, what my attorney said is absolutely true. There was spying into my campaign. Neil the president is on board with his attorney general saying there was a lot of spying going on. The democrats have said it and that was the big hoopla over whether the attorney general went too far to say he suspects it. Catherine herridge on the continuing fall out. The president went further calling it illegal. The attorney general said he wanted to be sure there was no unauthorized surveillance of the campaign and mr. Barr was pressed for evidence to justify his concern. Im asking what the basis is or the facts to lead you to that thought . I believe there is a basis for my concern but im not going to discuss the basis. A short time ago, republican congressman devin nunes September Barr this notification for eight criminal referrals saying there was ed the law was violated. Theyre prepared to brief mr. Barr in person on the evidence for allegations of conspiracy, lying, misleading, obstructing congressional investigators that has grown out of the twoyear russia investigation. Also a sevenpage virginia indictment was unsealed accusing Julian Assanges of one of the largest compromises of classified information in u. S. History. It says that wikileaks founder engaged with Chelsea Manning to crack a Defense Department Computer Network password. In addition, Julian Assanges lawyer put out a statement saying his client is a reporter and publisher of accurate information. It says also today, a high profile democrat, greg craig was was indicted for his lobbying work in the ukraine. That case grew out of the special counsel investigation and answer critics that said mueller only targeted republicans, neil. Neil thanks, catherine. My next guest said what Julian Assange did compromised u. S. Security and soldier security in afghanistan and elsewhere. Im talking about michael waltz. Good to have you. What do you make of this . Let me be clear, Julian Assange, Bradley Manning and related people have blood on their hands. I hope the Justice Department throws the book at them. Im looking forward to see them ext ext extradited back to the United States. They took our files after we were conducting operations against the taliban and alquaida and took our operational files, the sources, the local afghans working with us, did this in iraq with us and put them all over the internet. We know that alquaida had a specific intelligence ute any scouring through wikileaks and using that information to target not only american soldiers but the local afghans, the local iraqis and any other source that we used helping news the war on terror. So they have blood on their hands and i hope to see him go to jail a long time. Neil their view is particularly assanges view, he was releasing this stuff is that he wanted to expose to the world, particularly the american public, that how top military leaders were lying to them like the pentagon papers were released when officials in power were misrepresenting the severity and how poorly it was going in the vietnam war era. Do you think there was any good served by that or theyre comparing events that are very different . So 100 different. The pentagon papers did eventually show that members of that administration were not being fully truthful. Its very different. We have whistleblower laws. What it did not do though is take operational data, individual names, their locations where they lived and exposed that in the middle of a war. So its much closer to what maybe jane fonda did or other actual spies did. It resulted directly, i would argue, in the battlefield. Separately, more strategically, neil, its important to understand the effects. Post 911 we determined we were not connecting the dots. So we made a big move to share information and make it very accessible to those on the battled field that needed it quickly. Then you have Bradley Manning to go in and take advantage of that and expose it to our enemies so the result is then all that information became compartmentalized again making it much harder for all of us to fight the war on terror and be successful in keeping americans safe. Not only does it have ramifications, it had strategic ramifications and what they did was they broke the law and made americans less safe. They resulted directly in the killing of sources out on the ground. Neil congressman, thanks very much. Thanks for your service to this country as well. Thank you. Neil well, continuing the meeting on barr. I told you earlier about democrats that are now attacking the bill barr for saying there was spying going on of the trump campaign. It was a horrible choice of language and a horrible statement to come from our attorney general. The only spies i saw is russia spying. I believe the attorney general believes he needs to protect the president of the United States. Thats unfortunate. He has no business being on this case. I wont accept anything about this investigation until we hear from bob mueller. Neil doug burns joins us. Did he take a leap here . Thats what theyre saying, that he is making a charge and then launches an investigation to confirm the charge . If you break it down, its interesting. Political and legal roller coaster. Up the hill, down the hill. First he drops the bomb which there was spying. That includes all kinds of assumptions and characterizations. Neil early on there was spying. There was spying. Right. Neil where did he get it wrong . Ever gets up and arms and the semantics. How can he say spying . Neil say you were following. Then he turned it around. Im not saying specific rules were violated or illegal. Neil but he wants to look into it. You read my mind. So the left takes a sigh of relief and then he drops the second bomb. They want to look at it. Thats not what they want to hear. Neil the president said its a witch hunt and now im exonerated and the Mueller Report is premature and we dont have the full report but his argument is there should be an investigation to what prompted the investigation. Theres no question throughout this dustup, this fiasco for two years you had clear delineations on both sides. One side was saying this is a totally relegitimate investigation and the other said said its a witch hunt. There was a good deal of exoneration. Lets face it. Neil the democrats are saying look at this shiny object and use that terminology to get the attention off of ive never seen a moot court. Im using like the Old Law School term. Each side argues their position. No mat or what happens, you see a moot court response. Bill barr is not accurately reporting this report. If it turns out to be incorrect, that there be a private to the next topic. Shouldnt he be extra cautious that it looks like hes doing the president s bidding, which might not be his intent . In fairness to the other side of the debate, he wrote the 19page memo. That gave them fahd tore say you see that. They have not let go of it. In fairness also, point worth noting for bob mueller to have i hate the word punted but to have delegated back to barr. He set up the argument. Why would you delegate that to the political person . The special counsel works with the a. G. Neil its amazing. It is. Neil well continue this law stuff. You show great promise. Meantime, Michael Avenatti, remember him . Remember the nike thing . Something bigger. Something that could land him in jail the rest of his life after this. Applebees bigger, bolder grill combos. Now thats eatin good in the neighborhood. 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