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Investment in infrastructure and schools, universities, research, et cetera, that we who are wealthy and upper income benefit from and we want a strong public sector and those of us doing well can aford to pay more and should. >> shepard: got it. you've said that that will end the debate with respect -- it won't end the debate. the argument is not going away. it's older than you and i. the question is, will you be able to make this sell? and who is it particularly -- i'm curious tone in you're one, who looks at the way the government spends money and says yes, that's right. thank you for spend...

He doesn't seem too intimidated by the punishment. >> he doesn't and he never has been intimidated by sanctions as we have seen in the past. today this interview on state tv talking about waves of hope just as seeking resistance rising all over the world. he says they, the u.s., want to dominate the world but iran doesn't let them. clearly positions his own country as the main threat against the u.s. and standing up for the rest of the middle east. >> shepard: any signs the united nations will increase pressure? they say they are. the there's a meeting of the big powers, including the united s...

Down. we had an incident report and all of a sudden there's this video and the police chief says this is shocking to me and we're going to get to the bottom of this. they suspended the one officer and the rest is with internal affairs. it's a process, not an event. >> right. but let me ask you this. i know it's not my position to be asking questions but do you suppose it's the first time in the history of police reports they've gone on such a tour deforce of literary in making up the facts they allege? >> shepard: i trust this is rhetorical. >> it's a refor -- rhetorical question. i'm a retire...

Manufacturers of those items will lose jobs and people employed by the rich, but you're giving it to the government, employment will drop and that part could be a negative return in the end? >> you know, there's good evidence that shows that putting money in the hands of lower income people, if you want to give tax breaks, put it in the hands of lower income people -- >> shepard: 50% of americans don't pay any federal incomes tax. >> that's not accurate. 350% don't pay federal incomes tax. >> shepard: that's what i said. that was accurate. >> the report made it seem as though they're going sco...

The government is much more effective than tax breaks for the wealthy. so those arguments don't hold water. >> shepard: it's not to say they don't exist but they're arguments. you contend they don't hold water. we have a poll asking does taxing the rich help, the 94 p.s.% to 4% is not possible. no, taxing the rich is not good. unscientific, two schools of thought. thank you for giving us yours. i appreciate your time.