thigh-high boot, the more i will wear them all winter long. >> i can't imagine how hot you would be. [laughter] right? maria: all the way up the leg are. >> all the way up your leg and it's lined with sheerling wool? if you would roast in that thing. maria: on a cold day like today, mike p i would take it. >> i have three paris of these. [laughter] maria: you do not. >> we have ugg bath mats which are quite possibly -- maria: i did not know they made those. great commentary. guys, we are 30 minutes away from the hoping -- opening bell. dow industrials up 143, the nasdaq up 135, s&p up 25. perfect tone going into the open. thank you, adam, tijana and michael. great show, guys. have a great day, everybody. see you again tomorrow. stu, take it away. stuart: good morning to you, maria. and good morning, everyone. donald trump won the new hampshire primary by 11 points. solid but not a sland lield.

in his victory speech, he attacked nikki haley. some questions about that. haley was supported by independents. trump needs independents. will he get those votes if he attacks haley? she says it's not over. she will fight on at least until march 5th, that's the mega-vote known as soup everybody tuesday. -- super tuesday. the president and vice president campaigned separately, of course, on abortion rights. biden was interrupted by anti-israel protesters. he his took them for maga republicans a. this point, it looks like we're headed for a biden-trump rematch in november. that's politics. to the markets. look at netflix. it's on an absolute tower. it added 13 million subscribers, and it's branching out into live sports streaming. huge gain for the stock, it's up $50. that is 10% on a stock that size. we're looking at a big tech rally overall. the so-called magnificent. now account for 28% of the value of all the 500 stock stocks in the s&p.

they report next week. they better not disappoint. the dow as of right now premarket, probably going to be up about 140, maybe 150 points. another big gain, of course, for big tech on the nasdaq. that's up about three-quarters of 1%. but again, that's premarket, and we don't know how we're to going to change. rates, the 10-year around 4.09, down a fraction. the 2-year only a little higher with that yield of 4.31. no, 4.28. that yield coming back down a bit too. bitcoin struggling back to $40,000, just shy of that, 39 if,9. gas up just one cent, $3.09 per gone of regular, diesel up one cent. $3.92. more u.s. attacks on targets in yemen. oil edging higher. you're now reaching $75 a barrel. politics, biden shows his age. another stumble during husband abortion speech in virginia. and sports celebrity stephen a. smith joins the chorus urging a

replacement for the president. he says biden's candidacy a disgrace for the democratic party on the show today, the wealth tax raises its ugly head. ten proposals on states across the country this year. you add up the value of your stocks, bonds and real estate and then pay the government a percentage every year, that's socialism. jason rantz is going to tell his story, he was stranded at midnight in the middle of nowhere in an ev with a flat battery. he's not happy. wednesday, january 24th, 2024, "varney & company"'s about to begin. ♪ ♪ ♪ >> i want to thank everybody. this is a fantastic state. you know, we hon new hampshire -- won new hampshire three times now. we are going to win this. we have no choice. if we don't win, i think our country is finished. the reason we have support is

because they are so bad at what they are doing and so evil. and they're destroying our country. >> now, you've all heard the chat orer among the political class -- chatter. they're falling all over themselves saying this race is over. new hampshire is first in the nation, it is not the last in the nation. [cheers and applause] this race is far from over. there are dozens of states left to go. and the next one is my sweet state of south carolina. [cheers and applause] stuart: well, as you saw, that was donald trump and nikki haley last night after trump won the granite state for the third time, as he said. madison alworth joins us from the diner in londonderry, new hampshire. what's the reaction of voters there? >> reporter: good morning, stuart. day after the primary, trump is the winner of we've got lenny and his wife paula who voted for trump9 chatting with us at the redder row daneer. you -- diner. you were deciding between trump

and haley. when did you make your final decision e? >> in the booth. >> reporter: o.k. so what pushed you to vote for donald trump, and how do you feel about the results from last night? >> well, i like the results from last night obviously, because i voted for trump. and the reason why was that, i mean, at the last minute i was thinking the between the two, and i thought both very very good candidates. but when i look at the country, it's in bad shape, and i think we need a lot of help. and i think the difference, what pushed me over the edge was finally saying trump was going to be the guy day one that would start making changingses. and the sooner we make changes, the sooner we start recovering. >> reporter: conversations over the dinner table, you two have discussed a lot about it. paula, you were pro voting for donald trump. what was the reasoning behind that? >> because i think he'll get the job done immediately. he's strong and people listen to him even though he's a little, you know, off. he doesn't have the best personality, but he gets the job done. and and haley, i think she'd do

a fantastic job also. however, i worry about the turmoil in the country and her trying to straighten things out. and and so many countries don't have respect for women having any choice, so i think it would take them a lot longer to listen to her. a trump-haley ballot would be great. >> reporter: there you go. guys, thank you so much. with new hampshire done, trump now has two out of two under his belt with. stuart, it's looking more can and more like a rematch of 2020. stuart: it sure looks like that, madison. i think you're right there. thanks very much. now trump, i think, looking at it, i think trump had a different tone after last night's win. watch this. >> the you know, you have to have people that speak up. i said i can go up and i can say to everybody, oh, thank you for the victory. it's wonderful. or i can gooff and say who the hell was the poster that went un the stage before and, like, claimed a victory? she did very poorly, actually. she had to win. the governor said she's going to

win, she's going to one, she's going to win. then she failed badly. stuart: the jason chaffetz with us this morning. seems to me like trump was in attack mode last night. a very different tone from the one he had after his iowa victory. do you think that's going to be a problem win dependent -- with independent voters? he said that fancy dress, that really wasn't so fancy. why is trump referring to his opponent's dress style? >> i don't think that's quite as effective, but donald trump and his brand, he's a fighter. that's what he's showing. and when you talk to the two voters, hay like that. i think that's what's appealing. this country is off track. the country nose it. it's not doing well in securing our border, overseas, our economy. they need somebody to dismantle that swamp and to be that fighter. it's right on brand, it's unfiltered. he just lets it rip and and that's part of his appeal. stuart: another one for you,

jason. biden stumbled through participants of his speech yesterday at the campaign rally in virginia. watch this. >> we'll teach donald trump a valuable lesson. [applause] don't mess with the women of america unless you want the get the benefit p. stuart: all right. then there's this. sports commentator steven a a. smith if for presidenting biden up. this is sharp-edged stuff. watch this. [no audio] stuart: shall i read this? [laughter] you can't hear -- i'll read it. how the hell are we sitting here in the 2024 and that's what you need in order to beat him, not nikki haley, not chris are christy, knotts even ron desantis -- i don't know the rest. he says it's the disgraceful that the democrats would put him up up in the first race in. jason, back to you, how can the democrats get him out? >> well, it is embarrassing.

this is one of the biggest conundrum cans that the democrats have. they don't have a bench. they don't have anybody else. they put themselves in a box with kamala harris. she just puts told word saads, no -- word salads, and if joe biden thinks he can keep up with donald trump in impromptu speeches and just letting it rip, he can't do it. he just can't do it, and everybody knows it. i don't know how the democrats get their message out because their messenger is not able to string cogent, coherent sentences together to rally the troops. stuart: i hear ya, and we talked about this many times before. i just don't see how he could be the president for the next five years. i don't think you can see how he's going to do it either, right? >> no. [laughter] no. and i think anybody understands, i think hay know there's some puppeteers behind the scenes calling the shots. that doesn't fool like it's joe biden. stuart: that's the point.

jason chaffetz, thanks very much, sir. you know, i think it's time we got to the markets. i see plenty of green. up 130 on the dow, and the nasdaq's up 137. continuing the rally we've seen recently. e. eddie -- eddie georgia boar is with us. big tech rallying again, but you're on the sidelines, eddie. you've missed it, right? >> stuart, look, we're ex9 cuting our first quarter game plan. we've been buying. we bought small caps, we bought india, we bought semis during the first ten days of this year during the little dip that the we saw, and we just recently sold some of those as well too. look, at the end of the day, we are not a buy and hold firm for 100 of our client assets, so we are net buyers, but we're going the take advantage of the swings. right now short term the market seems to be a little bit overstretched, we're -- [audio difficulty] finish advantage of the dips. so we're going to be very tactical in what we guy.

the timing of when we buy. and we will also be tactical in what we sell because things aren't going to go straight the up. and we have a gdp report tomorrow -- stuart: but what happened to your analysis that we've heard a lot of that we were going to have a big selloff at some point in the near future and that's when you'd get back in? has that a analysis gone away? >> it hasn't gone away but, look, at the end of the day, we were wrong on our recession call, and i said that. so this recession has been extended or it may not happen. at the end of the day, the thing that we underestimated the most if was the amount of money that government was willing to spend to prop growth up, okay? that has been a huge underestimation on our part on how reckless they would be. but at the end of the day, as a clainld said to me best yesterday, there are plenty of land minus out there. but right now the momentum short term is bullish, and you have to respect that. for anyone to think that this

debt bubble that we are in is not going to implode at some point in time, i think, is naive. and we will be ready for that when it happens because of the way we tactically manage our client portfolios. short term, the momentum is bullish, but here over the next 12-24 months, this debt bubble will explode, in my opinion. taw institute we consider ourselves warned. eddie, thanks for being with us. >> thank you. stuart: all right. here's what we have coming up. the biden-harris campaign slammed trump's win in new hampshire saying, quote: tonight's results confirm donald trump has all but locked up the nomination. cheerily, they're on the attack -- clearly, they're on the a take. liz peek on that later in the show. to the border, the supreme court sided with president biden, allowing border agents to cut the raise corps war -- razor wire barriers this if texas. sate the alternative -- state attorney general ken paxton promises the fight is not over. he's here and and he's next.

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♪ if. stuart: the supreme court gave a big win to the boned administration -- biden administration ruling that border agents are allowed to remove raise or sor wire fencing that was blocking migrants from illegally crossing our border. dana marie join us from -- joins us from eagle pass. is the national guard removing the wire? >> reporter: they are not. we actually haven't seen is any if razor wire be removed, and the texas national guard is not allowing border patrol even in to shelby park where i'm

standing right now. that's a huge issue. now, i did speak with one of those officials about how texas national guard is dealing with this right now and if anything is going to change. >> we still are going to restrict the access here at shelby park, we're still going to add additional infrastructure along the river. that's what national forward is doing currently, adding additional barriers to that the concertina wire so that we can prevent and discourage any illegal border crossings. >> reporter: now, the justices by a 5-4 vote gave border patrol agents the legal authority to cut the wire, granting an emergency appeal from the biden administration if which argue as that the razor wire obstructs border patrol's ability to process migrants who are already on more than soil to help those who -- american soil to help those who may be in distress. in emergency situations that's will aid migrants through the wire, provide medical attention but also stress how dangerous the rio grande is where it averages a drowning every single

day. >> texas is doing can every measure, putting every measure many place to prevent that, to try to discourage that. but yet at the federal level, the federal government has not done anything as far as trying to discourage illegal immigration, especially those that want to cross a dangerous river. >> reporter: and we do have some live views of thely wrote grand. take a look at this, the international water authority that controls the dam upriver is actually releasing water to heavy recent rainfall, so that's going to increases the current levels of those waters along the section where we're standing, making it even more dangerous for migrants to cross. but again, just 30 minutes ago a group of migrants tried to cross that wire. they did come in to the united states, but that texas national guard and texas dps are now arresting them for criminal trespassing. stuart: dana marie, thank you very much, indeed. the white house was pressed yesterday on taking down that

razor wire in texas. watch this. >> reporter: -- make it easier for people to somewhere the country illegally? >> i don't believe we are. why do you think we are? >> reporter: well, you guys sue ised to cut razor wire that was put in place by texas officials -- >> the border patrol could actually do their jobs. but keep going. >> reporter: well, you won in court, so now what? >> the border patrol needed access, and that's why we sued to get rid of that razor wire, so that they could do their jobs. we want to help them do their jobs. we want to give them more resources. and the answer we keep getting back from house republicans is no, no, no. stuart: texas' attorney general ken paxton joins us now. it seems like texas is defying the supreme court, defying the feds because the national guard won't let the border guards into shelby park. is defiance your policy at the

moment? >> look, we have 1200 miles of border that they're working with. the fact that we control one little area is not defiance. we haven't said they can't come in, we've just said you can't come in right now for letting people in. they've got plenty of other points of entry that they can work with, and they can cut other wire down, which it's hard to believe that the supreme court voted 5-4 to allow that. that's, unfortunately, with the supreme court we have right now, that's where we're at. stuart: okay. i'm afraid we have an audio problem, mr. attorney general. i do apologize. we'll get back to you at some point. my apologies, sir. sorry. now this, a chicago suburb has a policy to deal with the cry -- crisis of illegal immigrants. lauren: they want with neighbors to sign up to house migrant family ares.

>> we do have an affluent community, and what i'd like to do is direct staff to create a sign-up sheet so or you know, for individuals that would be willing to house migrant families. and if there's people that would do that, god bless them. i think we need to find out who'd be willing to house migrant families. lauren: yeah. but the the city council liked it so much that that city councilman said they're exploring what would happen if they had a sign-up sheet. and so if you're okay with 30,000 migrants coming to your city, would you house them if you have money and a big house? would you house an entire family? and are you going to get reimburse by the state? probably not, but we don't know. what areth thicks concerns about this? -- e.ic this is? what about the schools? stuart: all good points, but the gentleman is offering generosity. if you want to be generous with these migrants and you've got the ability to be generous, sign

is up. lauren: do it. stuart: what worries me is liability. lauren: that's what i'm saying. i think it is wonderful for these people to say i will house a family that needs help right now. but i think you're just walking into big problems if you do, ethics concerns. stuart: yeah. lauren: what a if they work for you? they work in your house. stuart: let's go back to the markets because we've got a rally. dow's up 40 -- 140. plenty of green this morning. we're going to take you to the opening bell on wall street next. ♪ ♪ i need something stronger than i'm used to. ♪ yeah, i feel like nothing's gonna cut it. ♪ that's the hard truth. ♪ if. ♪ trading at schwab is now powered by ameritrade,

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stuart: three and a half minutes to the opening bell, looks like we've got a rally on our hands in just a couple minutes. nasdaq up 155 points. shah ghailani with us. big tech on a tear. the magnificent 7 account for 28% of the value of all 500 of the stocks in the s&p. now, it occurs to me, shah, that the these companies had better not disappoint if when they report their earnings next week. what are you expecting?

>> i think some of them will outshine all expectations, and there'll be a couple, maybe, that will disappoint somewhat. but i don't think it matters anymore because at this point i don't think there are 7 now that we've broadened out a little bit. and and i wouldn't put tesla in that group anymore. they've had a little bit of a hard time. got earnings today, we'll see what happens. but the big cap, mega cap stocks continue to do well and will continue to do it because those are the companies whose earnings for the most part are going to be stellar throughout all 2024. we're going to see at 2023 q4 what they did, but 2024 i think they're going to continue to shine. that's why the market is bullish right now, because it's got a leadership group that's going to continue to lead. stuart: because the big five, if i can reduce it to that, they're reporting enormous profit growth. i don't think there's any other group of stocks that can report the same kind of profit growth, and that's what a wall street looks for, is that correct? they're out in a class by themselves. >> that's 100% correct.

they have the growth potential. they have the addressable audience as far as all of their businesses. they had their minting cash, their balance sheets are fabulous, and, again, there is nothing stopping them. they are the leaders in each of -- each of their respective groups, and i don't think there's any we e dig. they all have a moat around a them, and i think they're going to continue to do it. there's nothing any other cane can do to nibble at their heel, and as far as lots of the other sectors, they are going to struggle a little bit and perhaps some bumps in the road. probably not unlike last year, end of the year. we'll see bonding out of the market eventually, and the rest of the stocks are going to get picked up. but as long as we have this leadership, stuart, this market can continue to go higher. stuart: but you're not impressed with the earnings reports we've seen with second and third tier company, are you? >> so far the companies i've looked at, the earnings are down a little bit in q4 versus q4 of

2022. so i'm not impressed with that. i think investors who are nervous if are wondering really when the rest of the reports come out for the if fourth quarter of 2023 what will earnings actually have looked like in the fourth quarter. i don't -- i look beyond that. i say, fine, if we had a fourth quarter that was slow, i think we'll see a pick-up in q1. i think the second half of 2024's going to be explosive as far as earnings go, and i'm optimistic. doesn't mean we're not going to have bumps in the road, but as i've been saying since july, every bump in the road now is a buy the dip opportunity. stuart: the dow's now at 38,200. 40,000 by the end of the year? what say you, shah a ghailani, in 10 seconds? >> 40,000 by the end of the year, yes, 100%. stuart: now you're on tape too. [laughter] shah ghailani, you're all right. thank you very much for joining us. good stuff, indeed. press the button, please. do it, thank you very much. the market is now open. expect to see some green. dow up 127 points, that's about

a one-third of 1%. and if you look at all the dow 30, two-thirds are up, one-third down. that's a modest rally in the very early going. the s&p 500, where's that 34 morning? -- this morning? it's opened a half percentage point higher, 4,892. i wonder if that could reach 5,000 by the end of the year? we should ask shah ghailani. the nasdaq come oppose sit up .8% -- composite. up 135 points. 15,559. i'm pretty sure that all the big with tech stocks are up. i got it right. finish if meta is up 1.3%. amazon, another gain, 1.25%. alphabet, 1%. microsoft, $401 for share. [laughter] see this smile? lauren: [inaudible] i'll tell you in a bit. stuart: that is an all-time high, by the way, microsoft. lauren: yes. stuart: netflix. oh, we've got to concentrate on netflix. look at it go. lauren: wow. stuart: this is all about

subscriber growth. lauren: at a time when hollywood was on strike the, netflix added more than 13 million subscribers at the end of last year. so if you're counting its total subscription is base, over 260 million people. 260 million subscribers. management is confident, they sent a message to competitors and they sent one to customers, no their rivals they basically said good luck if you consider teaming up to take us down. and to subscribers, more price hikes are on the table. the standard plan costs about $15.50. the ad tier, which has been pretty popular, costs about $7. so they're bringing in the money. the market value of netflix is probably 14% more with this gain than disney, warner e brothers and paramount put together. stuart: oh, that tells a story. and they also introduced live sports streaming with the rock -- lauren: for a decade, they get that content. stuart: that's quite manager.

539, it's up 9.6%. i want to know the latest on the electric car, that secret electric car project that apple is working on. what happened? lauren: we've been talking about this for a decade. stuart: yeah, we have. lauren: and bloomberg is reporting that the ev is delayed by another two years, and it will look much different when it does come out in 2028. so it was supposed to be fully autonomous. now reportedly it's going to have the same autonomy as a tesla. that a's a level two, not a level father. so what exactly is going on here? apple knows how to make products that people want. they do the ease of use thing. are they saying that society will never be ready for fully autonomous for a car? we saw the prototype, right in no steering wheel, no pedals. will we never be ready for that, or can they just not get their act together? [laughter] which one is it? if i think the apple car would be the culmination and the connection of all of their devices. everything that they're good at in one new product category. how much would it cost?

i'm hearing $100,000. no idea. but they pushed it back once again, according to this report. stuart: i keep coming back to liability. isn't that a major problem of self-driving cars? who's liable? lauren: analysts when study artificial intelligence and all the cool new technology, they say when society's not if ready for something, keep working on it because eventually you get there. so is apple saying we think we know what people want, we just keep needing to push it back because we're not there yet? stuart: that's it. lauren: and when we are, or they'll have the perfect product? i don't know. stuart: more layoffs from a big company, and that would be ebay. how many? lauren: 1,000 positions, 9% of staff. they say their expenses surpass pad their growth. that's a problem. competition from amazon, from walmart, from the chinese sites like femu -- temu and customers spending ebay is profitable, they turned a profit in the last quarter. stock ooh's up just a little bit.

stuart: just a few moments ago we were looking at microsoft at a record high, $401 a share. who thinks it's going much higher? who is it? lauren: citi. their old price target was $432. so microsoft reports next week, and citi thinks that they're ramping up their generative a.i. and that should keep the growth accelerating. so it just keeps churning out big numbers. it's citi's preferred mega-cap name. they're also, we were talking about this with shah, part of the magnificent 7. they added $5 trillion, these 7 stocks, in market cap last year, and they're already up almost 4.5% this month. stuart: it's a remarkable story. lauren: it's like hysteria in a way. stuart: yeah. not seen anything like this before. the dominance of five or six or seven companies. lauren: 28% of the s&p 500. stuart: let's is -- have a look at your granddad's stock, at&t.

they're down. lauren: lower full-year forecast. they added more subscribers, more than half a million, but they have a lot of old equipment to deal with and, of course, more competition. stuart: kleenex, huggies, kim kimberly-clark. lauren: yes. scott toilet paper. stock's down 5%. sales kale came in short because customers started pulling back. i'll trade down to the less expensive toilet paper. you're going to like this. they raised their dividend by 3.4% to $1.22 a share. they are a dividend royalty. one of just a few dozen companies to increase their payout to shareholders every single year for more than half a sent isly. for kimberly-clark, it's 52 years and counting. stuart: not bad. that's a good record. now, tesla reports after the bell this afternoon. the stock is up premarket. right, you can -- up $2. what are you expecting? lauren: i think it's about two

things. i think it's about margins, have they bottomed. that's what wall street wants to know, because they keep cutting prices. is this end of it. and the model 2. reuters is reporting that tesla will start production of a $25,000 car for the mass market next year. will management address that report? what about the cyber truck ramp-up? what about optimus, right? all of that could be, let's say, let's call it a distraction at a time when there's a lot of negative it about evs. can tesla distract us us? i think that's all much more important than what the profit is, what the revenue is. stuart: wait until the call. elon musk on the call. what on earth is he going to say? what's he going to pull out off the hat? lauren: cyber truck's coming to china, and we're bring them to europe -- stuart: you don't know he's going to say that. lauren: no, or i'm making it all up, but it would make tesla investors excited. stuart: well done, lauren. coming up, take a look at this

op-ed. joe biden isn't a handshake business partner on the border. senator mike if brawn wrote that. sounds like he's saying the president isn't negotiating in good faith. that's exactly what he's saying. the senator's saying he's not negotiating in good faith. well, the senator will be on the show. democrats keep pushing their green energy agenda. jason rantz not not happy. he was just stranded overnight with a flat battery in the middle of nowhere. and there's this, our new fox voter analysis, more proof folks are feeling the pain of higher prices and deeper debt. many say they're constantly worried about their budgets. jeff flock now. ♪ it's not about the money, money, money -- ♪ we don't need your money, money, money. ♪ we just want to make the world dance, forget about the price tag. ♪ ain't about the cha-thing ♪

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stuart: we're going to check microsoft, nvidia and meta platforms. why? because with all three of them just is hit all-time highs. nvidia's now well above $600 a share. fox voter analysis from new hampshire shows only 13% of voters feel they're getting ahead financially. jeff flock if joins me now. that's a very small minority that are doing well financially under biden. i guess everybody else is suffering, right, jeff? >> reporter: that's right. pretty much the only ones good are you and me and other folks like us who are thrifty and saved our money and are old. yeah. the sentiment out there, it's on philadelphia, and it sort of matches the mood out there. take a look at this survey from folks at clever real estate, i think is the name of the group, that surveyed folks and found folks were 40% deeper in debt at the end of last year, half had to dip into savings and less than half say they're making enough now to be comfortable.

a lot of that is around debt. take a look at this number, $103,000 plus, that's the average debt per household right now. pretty high number. and all of the debt balances are gaining. credit cards are un11% in the last year -- up 11%. mortgage balances up 4%. the only hinge coming down is student loan balances and that, of course, was helped by the government and the biden administration trying to help folks out there. that explains why if you talk to people whether it's in new york, philadelphia, chicago as we did, they don't have a great attitude right now. >> i try not to go into debt period, you know? i try to do everything cash. luckily, my kids are grown, so they also help out a lot, you know, so which is a big help. but, yeah, i try not to go into debt. >> we don't eat steak at much, which is probably better for us. i don't know, there's just so

many things. we do the generic brands of things, the store brands instead of the name brands. store. >> reporter: stuart, i know you're not a big fan of charts, but i think this one's important. this shows the impact of folks carrying bigger balances on their credit cards and that. that's delinquencies. they got as low as 1.5% not long ago, but they're now steadily on the rise, they're now about 3% and on the way up. not everybody is as thrifty as you and i, and right now it's tough out there. stuart: we are financially fortunate, jeff. we should be considering our blessings. >> reporter: we are. and i'm grateful for that. stuart: so am i. jeff, you're all right. no matter what, you're all right. see you later. economist peter morici is with me. forgive me, but i want today a big picture thing here. seems to me wealthy people don't feel inflation, and they vote democrat. the rest of us do feel inflation and vote republican.

in american politics, i think that's a real switch with. it used to be the rich voted republican and the poor voted democrat. there's a real sea change in politics. do you agree with that? >> yes are. the rich are a lot richer than they used to be. this was an article recently about will we have the first trillionaire if soon, and the answer is probably not because once people get 100, 200, $300 billion, they get more out of giving it away because they can't buy anything else. so they get social status. likewise, you get a certain amount of social status by being for, you know, letting minorities ahead or, you know, being more -- for more equality or bumping taxes a little bit. the other thing also is, let's face it, they don't pay those taxes that often. they have ways around them. you know, when you have really a lot of money, there are all kinds of trusts you can set up to avoid the estate tax and and so on and so forth. and so, you know, it's easy to be very noble if you have a sharp accountant. stuart: okay. donald trump sounded the alarm

on his tax cuts that are set to expire. watch this. >> they must hate our country, because there's no the other reason that they can be doing the things they do. take a look. the taxes, they want to raise your taxes times four. they want to let the trump tax cuts, the biggest tax cuts in the history of our country, they want them to expire. your taxes are going to go through the roof. you take a looked at regulations, they're throeing regulations, you can't breathe. you can't even breathe with what they're doing. stuart: peter, is trump right? if his tax cuts expire, does that equal a tax increase for just about everybody? >> well, absolutely. and, you know, we were just talking about, consider the estate tax. that rolls back to an exemption for $5 million per person which is not a great teal of money. -- deal of money. what the democrats are most interested in is not taxing the most wealthy because, after all,

who bankrolls the democratic party? but, rather, people who make more than a couple hundred thousand dollars a year. it's ill-gotten gain if you're thrifty, you go to school, you study something useful, you start a business, you're a bad person to a democrat because, after all, who does the thinking? it's people who earn less and write for "the new york times"es like david leonhart who is constantly writing that the majority want taxes on the wealthy. sure. if i gave you a grammar school class in an old-fashioned small town with a few rich people, do you think 27 people would vote for the 3 wealthy ones for a field trip to washington or they should all chip in equally? i have a feeling they would see -- say, gee, the rich guy ought to pay for it. it's about eni have and basically using the political system to accomplish what people chose not to accomplish by hard work and thrift through most of their lives. stuart: later in the show we're

going to to do an editorial on the wealth tax, and here it comes. peter morici, thank you very much, sir. now this, yes, it is tax time. i want to know how taxes work when you're working remote. what kind of tax situation -- lauren: good luck. you could be double taxed. so let's say you're an attorney and you work from your home office in greenwich, connecticut, but your firm, your law firm is headquartered in manhattan. since there's no official reciprocity agreement between connecticut and new york, your income could be taxed twice by new york and by contract. that could im-- and by connecticut. that could impact some remote workers in delaware, nebraska and pennsylvania. so these five have what's called convenience of employer rules. other states, of course, new york and new jersey, offer tax credits. nine states have no income tax, so that would be a problem. stuart: i'd love to do my show out of tennessee -- out of florida. or tennessee. lauren, thank you. coming up, i have no tout

that eventually trump will be the nominee, but haley says she's staying in the race at least until the mega vote on march ath, super tuesday. -- march 5th. trump risks alienating voters outside his base like independents. that's my take, top of the hour. and there's this, the ceo of boeing will appearen capitol hill this week. it's today, i think, actually. they've had a slew of safety issues. the ceo's going to face some very tough questions, and the stock is just above 200. we'll be back. ♪ i believe i can fly. ♪ i believe i can touch the sky. ♪ think about it every night and day -- ♪ spread my wings and fly away. ♪ i believe i can soar ♪

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stuart: more problems for boeing, both alaska and united airlines found more loose bolts when they inspected their 737 max 9s. hillary vaughn is with us. the boeing ceo is headed for some tough questions, right, hillary? >> reporter: stuart, that's right. in fact, we expect to see the boeing ceo, dave calhoun, any

moment now here on capitol hill. he will be having to put on a brave face for these face to face meetings with lawmakers who are demanding an investigation into his company. the boeing ceo will meet with senator mark warner today, senator ted cruz tomorrow as congress continues what new laws they can put in place to prevent this from happening again. meanwhile, major airlines are losing confidence in boeing, united stepping back from a planned order for boeing's max 10 aircraft, their biggest plane, saying the max 9 issues are, quote, straw that broke the camel's back. alaska air, the airline that suffered the mud-air blowout -- mid-air blowout, their ceo recalled the traumatic incident last night. >> there were only seven open seats, and we had a guardian angel, honestly, on that airplane. it makes me angry, tom. boeing is better than this, and

flight 22 should never have happened, should never have happened. >> reporter: so, stuart, we wait to see the ceo here on capitol hill, and we'll try to get some of our own questions in to him. we'll let you know if we we do. stuart: thank you very much. still ahead, tom homan, he was on the stage with trump last night. if trump wins in november, will tom go back to his work on border patrol? i'll ask him because he's going to be here. russia's relentless assaults are grinding down. are the -yard line -- ukrainians losing? rebecca hine rich answers that question. haley says the race is far from over, but is it time for her to drop out? martha maccallum on that. to and a top biden aide taking the reins of his re-election campaign. does that signal they are taking the bad press seriously? tomi lahren has that story. the 10:00 hour is next. ♪ am i out of my head, am i out of my mind? ♪ don't think that i can explain

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