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A sharp rise on the previous year. our home editor, mark easton, gave us more details. you do need to understand what is going on though and within that number, students are actually a very significant part of those who have arrived. 476,000 students came in that year tojune and that in part is because a lot of students did not come during the pandemic, may be delayed the study, so we are seeing a bit of a bulge of the number of people coming to study in the uk and many people would argue they are extremely valuable to reducing the cost of further and higher education in britain. as you say, u...

Enrollment. even fewer people choosing to go to the two year programs. we checked in with the national student clearinghouse research center that says in 2021 it found 476,000 fewer students enrolled in higher education. a 2 1/2% drop. compare that to 2020. combined colleges have lost close to a million students or potential students since the pandemic began. >> i think it's very troubling for colleges. we're already seeing some schools starting to downsize not only in response to the immediate declines that we've tracked, but also in anticipation of smaller numbers of high school students who...

>> martha: well, president biden today acknowledging 40 year highs in inflation as americans pay an average of $3.42 a gallon for gas. he also declared that america is back to work after an unexpected 476,000 jobs added in january in the midst of omicron. so that was the head scratcher. david asman joins us now. felt yesterday like jen psaki was preparing us for bad numbers and then the really good number came out. what happened? >> a couple of theories about why they got it wrong. they knew it was going to be a good number. apple does that. >> martha: lower, expectations. >> the other possibi...

Gains tax that would result in a $100 billion tax break for guess who, the wealthy. currently when someone sells an asset, they have to pay capital gains taxes on the difference between the purchase price and the sales price. if you invested $1 million in 1990 and sold that asset for $3 million in 2018, you would owe $476,000 on your capital gain. indexing capital gains would adjust the purchase price for inflation. resulting in a huge tax cut. the same investment from 1990 would now owe $255,000 in taxes compared to 476,000 without adjusting for inflation. that sounds nerdy but we're going to...

America's wealthiest taxpayers could be in for another break. the treasury department is considering a change to the capital gains tax that would result in a $100 billion tax cut for the wealthy according to reports today in "the new york times," "the washington post" and "the wall street journal." let's take a closer look. first, what are capital gains? the profit from the sale of property or another type of investment such as stock. the federal government currently taxes the difference between the purchase price and the sale price of an asset. obviously you're not going to pay tax on your in...