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Here in moscow great to have you with us on r. T. International. Fears of a 2nd wave of the pandemic have seen parts of europe tightening restrictions again spikes in cases have been recorded in france germany and a number of other countries on the continent earlier i spoke with our correspondents in paris berlin. France is seen more towns and cities in now where or when wearing a mask will be a legal tree. As it aims to take in the cases of virus to be forwarded here from monday the city of the heart of france has said that wearing a mask is going to make it now in the citys big debts to an a...

It will be rain, snow, depend where you are and moves out sunday morning. We will have updated snow map and tell you how long it will take for that snow to melt, ukee. Kate, thank you. Truck overturns near the Philadelphia Museum of art, chopper three over the mess just a short time ago accident happened on the exit to Martin Luther king junior drive from the parkway, now traffic disruptions continue, in the area right now, it is unclear what was on board the tractor trailer. There are in reports of any injuries. Deputy attorney general Rod Rosenstein has announced criminal charge as begins 13...

Your apples are ripe. It is time to harvest them. What is the best way to harvest those apples . Do you pick them from the tree or do you chop down the tree . Apples are income. The trees are capital. The reason we want a socalled, consumptionbased tax because we dont want to mistreat capital. But to understand why it is so foolish, dont think about marxism, socialism, free market theories think about it this way, if you chop down the tree or more accurately what the current tax system does if you harvest apples by sawing off branches of the tree, what does that do for your longrun prosperity,...

Of these tax changes. So no net cost to the government over time. And you have peoples income up about 10 and additional jobs so more people are working. Now that is close to a free lunch as you can get. And thats the damage done by the current tax system. All the neutral tax systems are a means of getting the three layers of tax. Some are collected at business level. Some collected only at retail. Now my favorite, the personal expenditure tax is put down your income subtract your savings pay tax and whats left . That way each year you sit down and fill out a form and you say, they took what ....

Prosperity. And you heard alvin just say over and over again, consumption based tax. My job on the panel is to try to explain why thats important. Its important because the current tax system treats income that you sai and invest much much worse than the income you can consume. Think about it in this very simple fashion. You make some money. You pay tax on that money. Whats left . Disposable income. Aftertax income. You have two choices of what to do tw the aftertax income. You can consume it right away, or you can consume it in the future. Whats consuming in the future . Its saving and invest...