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tv   Kudlow  FOX Business  April 16, 2024 4:00pm-5:00pm EDT

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even today you saw with the investment banks also very cyclical companies. the investment banking the most cyclical of all financial sectors. it also is very bullish because investment banking feeds the whole company. liz: like morgan and goldman. jeffries. >> we would actually avoid the bank banks. they're getting hit by net interest margin, credit write-offs, balance sheet marks. that is the big trade of the year, be long the investment banks, not long or short them if you're an investment fund, not short of regional banks. liz: regionals have been a very, very tough read, certainly where they are going, where they have been. jay, great to see you. jay hatfield. here we go the bells now. [closing bell rings] the markets off session highs. looks like the dow will hold on to gains for the day. s&p, russell, transports end in the red. tomorrow billionaire investor, chairman and ceo mario gabelli ♪
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larry: hello, folks, welcome to "kudlow," i'm larry kudlow. there he goes again, president joe biden with more same old class warfare untruths on the campaign trail. you know what? a falling tide will sink all boats. that is his motto. our very own sandra smith, art laffer and kevin brady will fact check biden's latest tax hike. must the mayorkas articles of impeachment finally get over to the senate floor but will chuck schumer do his job and hold a trial? senator rand paul will give us the latest on all of that. plus, over on the house side, looks like the whole israel ukraine foreign aid story in big trouble unraveling as we speak. we have congressman kevin hern will try to tell us what is going on. steve hilton, mollie hemingway, why voters are nostalgic for the good ol' trump years. can donald trump get a fair trial in far left new york.
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paying hush-money is a crime? we'll ask trump attorney, will sharf. edward lawrence as details on joe biden's latest economic pitch in pennsylvania and maybe mayorkas impeachment. what have you got, edward. >> reporter: let's start with that, larry, let's start with the people. people. this could be the percent cabinet person to be removed froms. the impeachment articles officially went over to the senate today. you see the managers. these are the managers from the house side. they're carrying impeachment articles. marjorie taylor greene is there, andy biggs and impeachment manager chairman, house homeland security chairman mark green, homeland affairs committee walking them in 2:20, mark green, the chairman of the homeland security commission started reading the articles of impeachment. the manage others stood behind them. in the room, some senators were
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reading along. there was decorum. some are were reading a lowing. some were watching the managers speak. president joe biden in his part is in a campaign event in scranton, pennsylvania. he has two of them. he just finished one. he will go on to a second one. he is going to pitch his own taxman, how that differs from former president donald trump. he also unveiled a new campaign line describing the former president as out of touch. president biden: people like donald trump learn very different lessons. he learned the best way to get rich is inherit it. not a bad way. [laughter]. he learned that paying taxes is something people who work for a living did, not him. he learned that telling people you're fired was something to laugh about. >> reporter: so the president arguing that the tax cuts under former president helped only the rich but however the latest polling shows 61% of adults say the national economy is fairly bad or very bad. 35% say it's fairly or very good
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with only 4% not sure of the economy, the economic messaging from the biden campaign is president biden inherited a economy in shambles because of covid pandemic. the president says he fixed it. critics say that fix sparked inflation and all prices remain 19% higher than the day president biden came in office. >> that's the bringingest issue in this campaign right now is prices people are paying at the grocery store, at the gas pump for health insurance all these things and those prices are up substantially 22 to 25%. it is almost like inflation is a sales tax every time you go to the store and people who make less than $400,000 are getting hammered by that. >> reporter: president joe biden desperately trying to remessage this economy so people feel better. the president going on campaign rallies today and tomorrow. he has an official event in pennsylvania while former president trump stuck in court in new york city.
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back to you. larry: edward lawrence, thank you very much for that run-down. we appreciate it. all right, couple comments from me. every time joe biden says something about tax policy i have to go back and write another riff to rebut all of his falsehoods. i'm so tired of this game. today in scranton biden put out yet another phony tax talking point paper with untruth after untruth. it is pure class warfare. millionaires are bad, billionaires are worse, and if somebody make as million bucks, some middle or lower income family loses a million bucks. but that's not how our capitalist economy works. it is not a zero-sum game. as the late congressman jack kemp said many years ago, in fact borrowing from john f. kennedy, a rising tide lifts all boats. incentives matter. if you encourage work and investment with lower tax rates you will get more work and
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investment. as art laffer has said thousands of times, tax something less you get more of it. tax something more you will get less of it. economic returns after tax and after inflation matter for individual or business economic decisions. so biden's latest so-called tax fact sheet is utterly and completely wrong factually. it is okay to have your own opinion how the world works but it is not okay to make up your own factoids. this whole biden diatribe against donald trump's 2017 tax cuts is completely wrong. i will put out a few facts because i've done this so many times and it is such a wearying exercise but here it goes. for the entire trump term real weekly earnings for typical working class families went up 9.2%. that is for the entire trump
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term. so far under joe biden, three years plus, they have actually fallen 4 1/2%. that is middle class wages. the biggest gainers from the trump tax cuts were, the middle and lower income earners. the bottom quintiles, in fact the lowest 20% had the biggest gain. then, poverty dropped all the way down to a record low of 7.8% under trump. under biden so far poverty is 12.4% of the workforce. unemployment for blacks, for hispanics, asians and women dropped to record lows under trump. a recent nber study showed worker wages were the biggest beneficiary of the trump tax cuts and revenues over a few years actually broke even. biden is blathering on that corporations don't pay taxes,
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only the wealthy benefited, the deficit expanded over five trillion dollars on and on, none of it is factually true. no administration has given out so many tax credits and subsidies through the tax code then the biden's green new deal misnamed inflation reduction act which kept of the budget deficit $2 trillion as far as the eye can see and one of the greatest corporate welfare slush funds in history. wealthy people living in the cities and suburbs on the east and west coast screamed like stuck pigs when trump lowered the s.a.l.t. tax deduction to ownly $10,000. and that's why the percentage of income gains for the miffed dill and lower were better than for the upper end. meanwhile joe biden wants to roll back all of the trump tax cuts and institute various well taxes on unrealized capital
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gains and other asset confiscation that will probably come to a five trillion dollar tax hike. mr. biden is still spending at a rate of 24% of gdp or more, with additional massive spending plans if he ever gets reelected. inflation has gone up 19.4% since biden took office and personal borrowing costs have skyrocketed. another recent nber paper suggests that the actual inflation rate could be 7%, borrowing costs included but, but all these numbers aside, just think of it this way, donald trump cut taxes and the entire economy benefited. the bottom 20% benefited the most but a rising tide lifted all boats. today, the day after tax day, joe biden is out there some place in middle america boasting
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how much he will raise taxes. that means a falling tide will sink all boats. what a loser's message but i'm sure this is not the last time i'm going to have to write this article. all right, that's my riff. joining me now the great sandra smith, coanchor of "america reports," and somewhere's out there we have our friend kevin brady former texas congressman and we have art laffer, former reagan economist. everybody, boys and girls, welcome back. >> hey, larry. larry: arthur, i'm going to start with you because you taught me everything i know about taxes. for god's sakes, put away, you know what, every single detail, trump cut taxes, rising tide lifted all boats. all biden does is want to raise taxes and i'm going to say a falling tide is going to sink all boats okay? i like it nice and simple. go ahead, art, take it and run. >> well you're totally correct. i mean trump did cut them with
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the tax cuts and jobs act. reduced the corporate rate from 35 to 21. reduced personal income from 39.6 to 37. there were lots of other things in there. what happened? just as you said the lowest unemployment rate, the poor, minority, disenfranchised, the undereducated all of that went to the lowest unemployment rates. poverty went down and tax revenues went up. you didn't mention in your riff that the, another huge beneficiary of the trump tax cuts was the increase in revenues for government. and that's just federal government. their tax revenues went up as a result of tax cuts and jobs act but look what it did to state and local taxes as well. they were raised as well. they really benefited from the tax cuts and jobs act dramatically. but what we also know, larry, when ever we raise highest marginal income tax rate in america on the rich, this is the biden plan, whenever we've dorn that, literally from the tax codes, tax revenues from the
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rich gone down, economy underperformed and poor have been hammered. when we lower tax rates, tax revenues go up from the rich and economy prospered. the poor did well. that are just the facts. i'm very sick of using the phrase in my opinion. it is not about opinion, larry. it is about facts. facts matter. larry: i don't care what your point of view is you can't make up the facts. sandra, we'll come to you. wait one second. we're saving best for last. i want to talk to my friend kevin brady. you helped write the trump tax cuts. i want to say biden's assault is factually untruthful. presidents never lie but they tell untruths this from top to bottom is untrue, is it not? >> absolutely, larry. it is. by the way great to be on with tax legends who were mentors to me as well as we crafted this bill. the president's claims have been debunked so often.
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fact-checkers come up with a new name for them, zombie claims. they're dead. they're not alive but they keep walking into these press conferences. it is such a shame because you know trump tax cuts delivered prosperity in fairness in a big way. in 2019, is my favorite year because we got to see how the tax cuts would drive the economy and families and in that one year, we saw household income grow more than in one year than all eight years under president biden or president obama and vice president biden. we saw poverty, as you said hit 50 year lows, especially for people of color. income inequality began to shrink for the first time in half a century. we did that not by sending them government checks but by allowing them to keep more of their own paycheck, to invest in their own small business, their own american dreams, and that's why president trump's numbers, polling numbers are so strong on the economy. larry: sandra smith, a day after
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tax day, biden's going to scranton, pennsylvania, to raise taxes and blame trump. he always blames trump. i want to get your take on this. you're a person of middle america, sort of. >> first of all, i am very honored to be with all of you tax legends out there but, he delivered this speech, it was live during our hours today, during "america reports." there he stood in scranton, pennsylvania, telling voters there that he's doing a great job on the economy and that he is going to make things better for them. inflation in that state is running at 17%, okay? he is not getting good marks on the economy from voters there. if you live in that state you're paying $888 more a month under this president than you were before biden took office. the average price for gallon of gasoline sitting 3.73 in pennsylvania up a buck under joe biden. so where do you run, where do you hide?
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it's, to your affordability crisis situation happening in some states in this country. house prices it is incredibly expensive to buy a home in pennsylvania. they're up 31%. i think i said this to you right before the show started, ultimate tax is inflation, right? people paying more for absolutely everything out there. then you have the president, while he is telling everybody everything's okay going to get better under him, he is transferring student debt. all that will get transferred to the american taxpayer. let's not forget, when you have him touting these tax hikes that the basic tenet there is that the government knows how to spend your hard-earned dollars better than you. larry: well-put. that's right. that cuts right through it. so who will pay for the canceled student debt? >> the hard-working american debt likely did not or never will go to college. larry: 65% will pay for the 35%. how is that fair? >> amen. larry: how is that fair?
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>> 2 doesn't farewell, people will remember that. larry: just think about what you just said, that the government can spend your money more than you can. he is out there saying to people, i'm going to raise taxes by about five trillion dollars. we'll reverse all the trump tax cuts which by the way people approve of. "new york times" poll thought they did better under trump than under biden. i will raise your taxes, spend more money, how will that give you confidence about the economic future and economic opportunity? that's the part -- >> people are not optimistic. they're taking on more and more credit card debt to pay more for high prices. credit card debt is up nearly 50% under this presidency. a brand new reuters ipsos poll came out, just in the last hour or so, it showed that trump is over biden 41-34% on who voters think best to handle this economy. he is still getting higher marks. by the way when i was listening
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to biden. i only got to hear half the speech. i did not hear the president utter the word "bidenomics." larry: i forgot. kevin brady he forgot to mention "bidenomics." while we're at it, kevin brady, i want you, if there's if there's a trump tax cuts 2.0, can we flat enthe rates and simlify the code again, move in the same direction? drop the corporate rate down maybe to 15% where mr. trump wanted it in the first place. what should we do with the code? you were one of the authors of the landmark bill? >> i would say the answer is make it more simple, and flatter, fairer and even more pro-growth because there is more there to be had. one thing to point out the corporations as you know with your leadership and president we lowered to 21%. the federal government is actually generating more revenue at 21% than they did at 35%.
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larry: right. right. >> because businesses are investing in their workers, their community, in america especially. we've seen a huge giant sucking sound back into the united states of investment manufacturing. even patents here along with research and so i would go first, lock in these low rates that we have today. they're incredibly fair and it is pro-growth for businesses. secondly, you know, i would continue to try to drive rates down as low as we can, especially on investment. i will tell you one of the things we didn't get done is we weren't able to lower the capital gains rate, spur even more investment. i think that is always important because we don't want -- right now we have economy driven by consumer spending, government spending. it is not sustainable. certainly i think we can make even more progress in the pro-growth area going forward. larry: art laffer, just, look, if you want to have a socialist, big government, high taxes, fine but, art, in its simplest way,
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what sandra was saying, you cut taxes or raise taxes. since when woe a five trillion dollar tax hike help an economy? since when? arthur you always say, after-tax income drives work and investment. if that income shrinks you're not going to do it. if that income expands you will do it. tax something more, you get less of it. tax something less, you get more of it. these are fundamental truths. why can't the bidens understand this? >> well, i don't know, larry, but let me put it really straightforwardly. i never yet heard after economy taxed into prosperity. larry: yeah. >> it makes no sense whatsoever. you look at what biden's solution is, larry, which is welfare spending and more transfer payments and all of that. once again i never heard after poor person spending himself into wealth. these two are just the two silliest things -- if you tax people who work, and you pay
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people who don't work, don't be surprised if you got to get a lot less people working. that's exactly where we are today and it's a shame because we have the potential to be really productive and really fair and really balanced and really to help the poor, minority, disenfranchised and we're frittering it away with these biden policies. it's simple, it is really straightforward and simple. larry: sandra, a rising tide lifts all boats. >> amen. larry: this is what mr. biden doesn't understand, and ironically, 30 years ago or more, in 1986, joe biden voted for the reagan second tranche which brought the top rate to 28 and only other rate to 15. that's what john f. kennedy taught everybody. that's what reagan and kimp taught. they don't get it. >> i can only imagine. maybe you guys should fell that out more. what would the growth look like with 15% corporate tax rate. larry: five%.
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>> are. >> i was thinking about you, clipping a montage of biden recently. i know you love when he says the american economy, it needs to grow from the middle out and bottom up. larry: my favorite. >> not the top down. larry: i don't even know what it means. >> sideways. larry: sideways. today accusing trump of inheriting his money. why do you want to take all of his money. >> one thing not to forget, "the wall street journal" pointed this out this morning, the editorial board, irs most wanted man, 200,000-dollar man, the irs is targeting those making $200,000 or less with audits more than any other groupe. how about them? larry: uber-drivers, waitresses. >> brutal. larry: thank you, sandra smith. we appreciate it. >> thanks for having me. larry: kevin brady. >> good to see you. larry: art laffer, thank you very much don't forget you can catch sandra with her coainge or john roberts on "america reports," every day 1:00 p.m. eastern on fox news. >> thank you, larry. larry: coming up mike johnson's
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israel-ukraine foreign aid package is kind of blowing up, folks. congressman kevin hern will try to tell us what happens next. we're all waiting with bated breath. go back to the border. close the border. that's what i want to do. i'm kudlow. she's sandra smith. we'll be right back
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larry: according to reports an israeli counter-attack on iran may be implement. fox news's jeff paul live in tel aviv with all the details. jeff, thank you. what can you tell us? >> reporter: yeah, larry we know the israeli war cabinet was supposed meet yet again today like they have over the past couple of days to discuss their next moves in terms of a response to the iranian attack. we're seeing reports that the meeting may have been canceled or postponed for tomorrow. regardless what happens tonight it really speaks how fragile the situation is as israel tries to figure out its next move. we're seeing new images provided in part by the idf regarding some of the leftover materials from that iranian attack. you're looking at, this is a fuel tank spanning 36 feet long, coming from just one of the estimated 110 ballistic missiles fired from iran.
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the idf says it was retrieved the dead sea. had the air defenses been not so accurate intercepting 99% of the drones and missiles fired could have devastating aftermath. there is this push to respond to iran. israel acknowledges it must be strategic and something that won't lead to a wider conflict. >> there is always a fear of escalation but we're not looking for escalation. we are looking to make sure that iran doesn't do this. we can't be allowed to live under the threat of these ballistic missiles. that's unacceptable. no one would accept that. >> reporter: now on top of the situation with iran israel still has its ongoing war in gaza and now today we're seeing there is some rising tensions in the north part of israel. there was a bit of exchange between hezbollah, lebanon's hezbollah and the idf which ended, according to israel with two commanders within hezbollah
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being killed. larry? larry: jeff paul, thank you for that. please be safe. we'll talk soon. all right, folks, switching gears, coming back home, speaker mike johnson's foreign aid package has essentially blown up what we're reporting. let's bring in oklahoma congressman kevin hern, chairman of the republican study committee. kevin, thank you very much. this thing, the four pieces, israel, ukraine, taiwan, far east and various funding devices has basically fallen apart from what i'm told by various insiders. what can you tell us? >> well, first of all, thanks for having me. look what iran has done with israel no wonder with joe biden being, telling israel to stand down we can't support you, quit going into gaza, iran saw an opportunity. it has been continuing since august of 2021. this president has shown weak leadership abroad. yes he responded after the fact
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but that's why you're getting iran doing what they're doing and israel is going to respond appropriately. when you see the package we're working on right now, we're voting right now for some support bills that will lead up to the funding package but to send a message that republicans be republicans in congress support israel. the democrats do not and that's what we're going to see. there will be a handful of democrats that will support the bills maybe. when you look at the packaging of itself, the funding package you just referenced the real problem for all of us is the ukrainian part. ukraine is in middle of a war, what is going on is a travesty, the american people, american voters put all of us up here why are you more concerned about ukrainian's border after you sent $120 billion and you're not concerned about our southern border? that blew up the package that is really the center of everything. larry: kevin, i got to tell you, i think what americans are worried about is the southern border.
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israel, look, i support israel whole-heartedly. israel is funded. you want to give them a couple more dollars, fine, but to me it's the border. it's the crime. it's the police deaths, it's the drugs. it's the sex problems. it's the cartels. it's the illegal, i mean everything. i think it is the border. i mean i know, some advice is free. i think y'all should focus on the border. mayorkas impeachment going into the senate, i think that is the biggest event today to be honest with you. maybe schumer is going to bury it but i think that is the single biggest event today. that is what will catch everybody on the headlines tonight, kevin. believe me, it's the border, why they have not enforced the border. >> well, that's what you heard from all the members yesterday in conference today, in conference. that's why the bills have been put on pause until we can find a way forward because they're not going to get votes for ukraine
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in this package until the border is secure and there are a lot of republicans like myself that are pushing that in order to get the funding of this package moving forward and the speaker knows that. the speaker is trying to figure out a way forward right now. it's really what the american people want. as you said, there are nine to 10,000 people a month dying from fentanyl alone plus millions coming into this country wanting to hurt us. larry: it's crazy. kevin, thank you very much for the update. we'll figure it out. coming up impeachment articles against dhs secretary mayorkas head to the senate. we'll talk to senator rand paul about that whole story next. the senate may be completely handicapped and business is going to stop because schumer doesn't want to deal with mayorkas. schumer doesn't want to deal with the border. democrats doesn't warrant to deal with the border. biden doesn't want to deal with the border. the border is everything. senator rand paul. i'm kudlow. i will still be here too.
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♪. larry: all right, the mayorkas articles of impeachment finally reached the senate floor. the question now is there going to be a full trial? joining us kentucky senator rand paul. senator paul, welcome back, sir. tell us, will chuck schumer allow this trial to take place or are you and others going to shut down the senate? >> you know i think what's going to happen is unprecedented. we never had the impeachment off president or impeachment after cabinet member sent over summarily dismissed with no discussion, no debate. what we're hearing chuck schumer will move to table, which means he would nullify the whole results without any trial, no trial, no discussion, no discussion or presentation of the charges. this has never happened in the history of the senate and, it is unprecedented. i think it is a dereliction of duty. i don't think this is what the constitution intended, when something serious happens like an impeachment there should be a trial. larry: i sure agree. i think this is the most
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important issue facing the country right now. senator paul, is there something you can do about it? i mean can you tie his hands? can you tie the senate's hands until mr. schumer gets back to the right constitutional path? >> yes. if the senate republicans had the guts the stamina, integrity, where with all stay together 41 of us costop anything in the senate. we could have compromised on spending. every time spending comes up it is capitulate. we are shutting down government. we have to i have got democrats anything they want. we should say they're not doing their constitutional duty, guess what, nothing happens in the senate. the next thing up after this is spying on americans through fisa the way they spied on trump. that comes up. they're all freaking out. instead of standing together, telling schumer you have to do the impeachment. they will freak out, how quickly
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we can dispens of this. some republicans are secretly saying, let's get this done, white wash on fisa, to continue to have all power in the world to spy on americans. i will not let them do it easily. i will do everything they can to make sure there is debate on fisa. i don't think our intelligence agencies should be allowed to spy on americans without a war rant. larry: go, rand go, absolutely. i'm hearing about spending bills, foreign assistance spending bills, and senator paul i don't hear the word pay-for? i keep trying to listen, i'm old but my ears generally work but i don't hear the word pay-for. >> when speaker mike johnson came in, this is real deal, maybe he will be a true conservative, passed increased money, foreign aid for israel but he paid for it clawing back for irs money. first time i ever seen foreign
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aid paid for. he is negotiating with himself. he will negotiate another israel bill which is unpaid for i will not support. i can't support aid for our friends if it doesn't come from somewhere else in the budget because we're bankrupting our country. mike johnson will negotiate with himself. chuck schumer says he won't accept it if it is paid for. so mike johnson will wilt, here is israel aid unpaid for. here is the ukraine aid unpaid for. here is taiwan aid unpaid for. here is whole bunch of other money puts us further into debt. i think the biggest risk our country has is not invasion from without. it is the rot from within from debt. we have to do something. our national security is threatened by this. so we need mike johnson to step up and he needs to look and stair down chuck schumer to say we've already passed israel aid. you think israel needs more aid? you got it. it is on your desk, pass it. but we'll pay for it by reducing irs spending. larry: perhaps mr. johnson will come around to your liking. last one, senator paul.
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this is the day after tax day. i know it's a great sell phrase in our household. once upon a time you were for a flat tax. i've got about 45 seconds to a minute. how about the flat tax, senator paul? >> absolutely. i love steve forbes' flat tax. i had a flat tax when i rand for president. the thing is, we need a flat tax, but everybody needs to pay it weekly or monthly so they see it coming out of their check. no more withholding. we'll see how bad, awful it is how upset americans if they pay their taxes every day, every month, see tear taxes up front, instead of taken by the employer. everybody has to see their taxes. then there will be a tax revolt. larry: that is what dick armey wanted, same idea. everybody has got to see it. that is where the pinch is. that is where the pain is. i just feel, you know, to me, right now i know there is a lot to talk about, the border, the
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border is everything. i hope you stay on the border. i hope you fight for this mayorkas impeachment. i think it is really important. >> absolutely. without question we have to take care of our border before we start figuring out the problems with other country's borders. larry: senator paul, thank you, sir. appreciate it as always. folks we'll move right along. let's talk politics. my gosh, we have mollie hemingway editor-in-chief of federal lift, fox news contributor, we also if that weren't i have a amazing enough, steve hilton a fox news contributor. welcome to both of you. mollie welcome back, by the way. "new york times" poll -- i don't usually do polls. this is a very interesting poll. looked like joe biden was closing the gap. when you go underneath the hood, you start asking people if you remember good or bad, all of sudden donald trump wins every single category, okay? people without college degrees, 48-20. people with college degrees,
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35-33. men, 53 to 24. women, 33-27. young, people, 18 to 29-by 33-8 they remember the trump years as good. what do you make of that mollie hemingway? >> people remember that for them the economy was great during the trump years. inflation was low. throughout the biden presidency it has been above the historic average on inflation. they remembered they could afford to put gas in their cars. they could afford groceries. mortgage rates were 2% instead of 7% under biden. generally speaking life was better for americans. maybe not the permanent dee dee class or media but for americans across the board. secure border. dealing with crime, not having all of the money being spent to far-flung countries with conflicts, in fact having peace break out throughout the world.
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people remember things were good. they also know things are not great right now. larry: i've been arguing for the border, attention to the border, i think you're 100% right. steve hilton, joe biden is out on the campaign trail today in scranton, pennsylvania, basically arguing for a five trillion dollar tax hike as a way to renovate the economy. do you think that is terrific idea? he is i am floridaing trump for anything, wants to raise taxes undo the trump tax cuts. trump tax cuts and lower taxes are the problem steve, not the solution. >> it is just amazing isn't it, they never ever learn. and these bad ideas just keep kind of walking around the political landscape like zombies of the left. we can see the impact of these tax increases. look at the state where i am in california. we have the highest taxes in the country. what has that led to? businesses leaving. we also now have the highest unemployment in the country, the lowest job creation in the country, the lowest income growth in the country.
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i mean, these democrats just love to expand the size and scope of government. that's all they live for. that's why they need, they have this insatiable appetite for more taxes. it own only be the rich. in the end there are not enough rich people to go around as margaret thatcher name mustily said. larry: people standing in the middle get hit by cars going both ways. i always like that. mollie, you wrote the book on zuckabucks. you taught us all that election was probably lost way before the actual voting. mollie, lately as you probably know, president biden is putting out executive orders and exhorting all of his bureaucrats in all these agencies, i don't care which agency, agriculture, justice, prisoners, hhs, go out there and register voters and harvest voters. by the way we will pay you for administrative leave while we do it this is like a federal
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zuck-a-bucks, mollie hemingway. scares me a lot. >> people call them biden bucs. it comes from an executive order biden issued shortly after he came into office. all these agencies filed secret plans how they would get involved in the election this is a problem. we need to know we can trust election outcomes and we also kind of concerned that if this were a free and fair election you would be seeing a 1980 style blowout because of all the ways people are meddling how we do elections, not caring about them being secure, people are worried about what the outcome will be and they should be because so much taxpayer fund something going to help out with get-out-the-vote operations on behalf of democrat interest interest groups. >> i never seen anything like it. it is stupid, whatever happened to the hatch act when i worked in government? you were not supposed to do anything like that. i never seen anything like it. mollie hemingway thank you, steve hilton thank you, time is
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always short. on "kudlow," how long will it take to pick a jury in the bragg case against donald trump. >> by the way mr. trump is scheduled to be out campaigning in the bronx among bodegas where i think he will pick up some endorsements. how about that? we'll ask trump attorney will scharf when "kudlow" returns. ♪
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her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
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larry: will scharf is part of the trump legal team such as it is and he is also a candidate for attorney general in the great state of missouri. last night we heard some very interesting things from professor alan dershowitz of harvard. do which have the tape from dershowitz? all right, will scharf, start with you, we'll drop in the dershowitz tape in a minute. first of all a lot of people want to know, this is new york after all, how long will it take to pick a jury? >> you know, we could be in for a long wait, larry. it is obviously new york which is not a particularly favorable venue for us but on top of that you've had wall-to-wall media coverage, total media saturation, highly misleading narratives about both the facts and law pushed by the media in this case. one of the reason we pushed the trial until after the election. one of the reasons we moved to
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change the venue but seating a jury is going to be a profound problem here. we need a fair and impartial jury. if we get a fair and impartial jury president trump will be acquitted but that will be a challenge over the next couple weeks. larry: so here's what professor dershowitz said on the show last night. you will enjoy this, will. take a listen. >> nobody in world history has ever been indicted forefailing to disclose hush-money. why would anybody even pay hush-money if they had a obligation to disclose it? it is a oxymoron. larry: will scharf i ask the same question, i'm not a lawyer, why would anybody pay it to disclose it? it is oxymoron. i don't understand anything about this trial except it is totally political in a two-tiered justice system. >> look, this is not a hush-money trial. i will take issue with what my former professor alan dershowitz said in that respect. this is a case about business
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records. business records that were entered in new york while by the way president trump was sitting in the white house running country. they were records talking about legal payments. how that constitutes fraud i have no idea. the purpose of this so-called election fraud was to cover up a election expense. the federal law is clear the election expenses were not election expenses. this is really important we emphasize the point this is the case of accuracy of business records and not the alleged underlying hush-money issue. larry: that is an important point. i'm glad you make it. by the way, it is reporting mr. trump is going to go out and do a little campaigning on the bodegas in harlem which is a terrific thing. he is going to do what they got to do. they can't hold him down, will scharf. they can't keep a good man down. five second. >> he is irrepressible.
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he has boundless energy. he is going to be our next president, and i don't think anything the radical left and anything the radical left and alvin bragg can do will stop him from achieving that objective. >> will scharf new sensodyne clinical white , thanks oduct. it's going to help a lot of patients. we love being outside, but the sun makes our deck and patio too hot to enjoy. now thanks to our new sunsetter retractable awning, we can select full sun or instant shade in just 60 seconds. it's 20 degrees cooler under the sunsetter and we get instant protection from harmful uv rays and sun glare. for pricing starting at less than $1,000, transform your outdoor living space into a shaded retreat your family will love! when you call, we'll rush you a special $200 discount certificate with your free awning idea kit! you'll get your sunsetter for as little as $799.
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larry: seconds to play want growth, opportunity and prosper tay, cut tax rates across the board and watch the rising tide lift all boats. let's not make it any harder than it needs to b. liz macdonald will finish it off

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