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What solution is there . Even if you had a fair tax or flat tax, youve still got to have an i. R. S. And i love Arthur Laffer, reagans economic advisor, he said, you dont have to have the i. R. S. Do away with it. The problem with the i. R. S. Is of course theyre going to get arrogant because they pick who theyre going to audit, just like weve seen with all these abuses, they put they pick what all they are going to audit, just as weve been hearing, they get so intrusive, so personal, and then they decide what your punishment is going to be. Theres no other area in america, and i sure dont thi...

that. >> on sunday president obama made it clear the united states must be on constant guard against extremist groups like isis. >> right now the problem with isis is that they are de stabilize ago country that could spill over into some of our allies like jordan. and that they are engaged in wars in syria. >> they will have a more focused strategy in iraq providing more enforce am and more military in iraq. it will be a hard road to go. ainsley and heather. >> that takes us to our look at who's talking and strategy. who exactly should we do about the situation in iraq? newly elected...

us live tonight to tell us it's not too late to stop obamacare. all those stories and more coming up on "the kudlow report" beginning right now. ♪ >> good evening, everyone. welcome to "the kudlow report." i'm larry kudlow. wall street preoccupied with rising interest rates. but i think that is a sign of a stronger and healthier economy. whatever i think, it was a city of red. seem ma mody joins us now with the details. good evening. seema. >> good evening, larry. the feds saying they will scale back and fend our major indices into negative territory. the yield staying above 10%. t...