everything. difference is good. that is the show. see you next week. gerri: hello, everybody, i'm gerri willis. right now on "the willis report", gm recall scandal grows. the number of people killed due to the defect could be in the hundreds. also the feds crack down on for profit colleges. >> it ttec call institute we create ad different kind of education where students can learn practical, hand-on skills. >> hundreds of degree programs could be shut down. our special report, a user's guide to taxes. all your tax questions answered. we're watching out for you tonight on "the willis report."

gerri: can a damning new report pushing general motors even deeper into controversy a watchdog group now linking at least 300 deaths to the recalled cars specifically because airbags didn't deploy in the crashes. joining me with the latest is the executive director at automobile nag seen. it is -- magazine. it is great to have you here, todd. thanks for bringing your expertise. a new report as we just said today, they say, not true, 12 deaths in 31 accidents. it is more like 303. issues with these, these airbag deployments. what do you make of this new report? >> well i think the report is going to open up, has opened up this issue a lot further and i think the number is still kind of unknown because the report issued, lists 13 examples of deaths and it lists, it shows that those cars did not deploy

their airbags but doesn't say whether the ignition was still on or not when the airbag deployed. so we don't know, we don't have a direct connection between the ignition key problem and the airbag problem. gerri: now, the center for auto safety that released these numbers said their numbers come from nhtsa. it is government data they manipulated. they hired someone to put this together for them. looking at all kinds of government data not just from nhtsa. is it faulty? >> no, i don't think it is faulty. i think it is incomplete. i think the data showed you have a number of accidents occurred when airbags didn't go off, that is, fatalities. fatalities are very emotional thing and tough to deal with. which don't know or at least from i saw from the center of automotive safety whether those airbag problems were related to the ignition key problem. gerri: but of course these are the makes and models that we've been talking about all along.

the cobalts, the ions, on and on. these two makes and models in particular are the ones we're talking about. gm is saying that this information isn't relative that is to the issue of is anything switch. as knowledgeable observers know that tracks raw data, some information that went into this data without rigorous analysis it is pure speculation to attempt to draw any meaningful conclusions. they say throw this report out, it is meaningless. >> nhtsa has issued a special order do in april that general motors must respond to these, some of these issues and provide more information. i think until we get more information, we can't be sure how many of those deaths might be related to the ignition key problems. certainly there were some deaths related to that that was already released, number something like 13. and those were, the two most

popular cars sold with that ignition key through general motors. there were also cars built afterward. i don't understand why gm didn't change the standard on that key, on the ignition. gerri: it would have been cheap to do so. the thing is made by delphi. could replace it for 2 to $5. >> right. gerri: instead they continued making the car making it with the same switch the same parts over and over again despite collecting all kinds of complaints from consumers. i want you to respond here, we talked about what gm said. here is what ralph nader said. he is at the center for auto safety. he co-founded it. he said the culture of timidity led by backing by the bush white house and some similar extent by the obama white house, that leads to reluctance to follow up on the evidence. what do you say to that? >> well you know, gm has special interests here. obviously it does not want to be responsible for a large number of deaths. the center for automotive safety

has special interests too. it is tied with the product liability law business and, so and obviously he has got his, ralph nader has his own special interests here. gerri: what are i saying? so who is ralph nader tied in with? >> well the center for automotive safety is basically a lobbying firm for, it lobbies for, product liability lawyers. it's a it's a special interest group tied in with them. not to say that their points are not valid. just to say they have their interests. gm has its own interests and, you know, we need to have a better answer here. we need an independent investigator into this. someone outside of the government, someone outside of the cas, someone outside of general motors. gerri: a great point. i don't know who that is going to be. congress wants to do it but i don't know that they have the expertise. >> no, i don't think they do. gerri: thanks for coming on,

todd, great to meet you. thanks for being with us tonight. appreciate your expertise. >> thank you, gerri. gerri: well, from the road to the sky, airlines getting more and more creative in nickel and diming passengers with fees. here with ways to avoid the fees, the found irof air fare watchdog.com. george, welcome back to the show. great to have you here. the amount of fees, that bee collected and it is astonishing how much money we're talking about. billions and billions of dollars over time. 6.1 billion in baggage and reservation change fees alone. where is this going? why are they charging us so much in fees? >> well, gerri, the truth is if they didn't charge these fees the airlines would probably still be in the red. they're making a lot of money now which i guess is great if you're airline employer or airline stockholder but probably would still be losing money. when they raise fares, people stay home or drive. gerri: they can't raise fares they raise fees.

problem with the fees, you never know what they are. what are the fees getting raised? >> they are surprises for a lot of people especially if you haven't flown in a while. one of the most egregious one is the pet fee which con up enormously. i understand from good authority you will have the pets on the program. i'm glad i'm not following them because, 2.50 round-trip on most air appliance to have a pet. one way to get around it, i'm not suggesting people do this illegally is to have a service animal. now it animal is service animal you don't have to pay a fee. the animal doesn't have to go in as a cage. gerri: are you saying claim your dog as service dog. >> i'm not saying anyone would do that, gerri? would you? gerri: this confuses me. third bag fees differ acrossair lines. the more bags you have more expensive it is. some folks charge 250 bucks. some folks charge 25. i'm totally confused. i don't even know what to make of it. >> there is no rhyme or reason

and why should one airline charge me. virgin charges $50. some airlines charge 200, $250. there are charts on internet. google air fare watchdog has one, you will see the vast differences between some airlines. gerri: have you noticed that planes are get getting more crowded? you talk about the idea they could raise fees instead of fares. they're also crowding more people on fewer planes. >> they cut down number of seats, number of flights. part of that they're installing these extra leg room seats, call them economy plus, for example. there are fewer seats in some of the planes and fewer airlines. there are pewer seats and demand gone up of so the load factors are in the mid 80s, mid to low 80%. you will not get a middle seat in most flights. gerri: paying more for less comfort. >> also seats are not as comfortable because they are thiner. >> they are tinner. >> harder in coach. absolutely. there are ways to get around that. you can use your miles to

upgrade but costs money. gerri: costs you something. so what, give me some more ideas for stretching my travel dollar especially my airline dollar. >> to avoid those fees. one fee people really don't like, making a reservation on the phone. so i do that all the tile but what i do is i get the information i need and i think thank you very much and i go to the internet to book it. so i avoid the 25 or $35 fee. gerri: you go right up to the inof saying okay, i will buy it, here is the credit card number and back out and go online? >> absolutely. perfectly legal. another fee that people, sometimes get hit with really hard if their bag is overweight or oversized. oversized means over 80 linear inmuchs. and overweight could be 51-pound. some airlines you will pay $800 round-trip if you hit both of those. gerri: wow. >> $800 round-trip. much cheaper to go to fedex or kinko's. gerri: fedex, my friend, never

put them on airplane. >> cheaper and track something much better than airlines. it will cost you a fraction of that $800. that another way to save money. gerri: george, thanks for coming on. have a great weekend. >> you too, thanks. gerri: we have more coming on including get this, comedienne, adam corolla. administration is cracking down on for-profit colleges. is this a matter of white house taking matters into their own home or is it time somebody started watching out for taxpayer dollars? ♪ nascar is about excitement. but tracking all the action

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what else does the government want to do? >> for instance, a student, a graduate can't pay more than 8% of earnings towards loans. they can't pay more than 20% of discretionary income. this only applies for vocational programs at community and for-profit colleges, which makes it sound a little bit even-handed except the funny thing is community college tuition is 80% subsidized by state and local taxpayers. so community college students never need to borrow very much. this is really only directed at for-profit programs, training vocational students. gerri: well, when you dig into that, the department of education says the 72% of these for profit schools as you're describing earn less than high school dropouts. they think these folks are not getting a good education and paying too much for what they get. what do you say? >> in some cases sure, they're correct. they're absolutely are some bad apples out there but there is

two things. one, what for-profits are doing they're taking students that community colleges and other programs aren't serving. community colleges, when they fill their capacity, they tell folks, sorry, no space. community colleges start courses in september and again in january. if you get laid off from your job in november or march, you know, tough cookies. they will see you when the semester starts. so one of the terrific things about for-profits is they have real incentive to find ways to grow market share and serve folks who otherwise are not being served. so for-profits start new courses every month in some cases. rarely if ever turn a student away. gerri: i get your point. i think the thing the government is concerned with, and frankly concerns me too is my taxpayer dollars, of all college students, 13% are defaulting on loans, all schools. you look at for-profits its 46%. this wouldn't be concerning if some, you know, private lender out there was making the loan

and it was on their back but that is not true. it is on taxpayers back. i don't like that. >> i'm with you. one interesting thing is of course it was a democrats back in 2008 -- gerri: what do we do about that? what do we do about that? don't gloss over the point. we have to have some kind of solution, right? >> great question. so one, let's keep in mind these are not apples to apples comparisons. you don't find many default out of harvard or yale or stanford not necessarily because of quality of education but because of the students they're serving. one question do we want folks to borrow and go on to college who may or may not finish their degree and benefit from it? if we want institutions to turn folks away, that's fine but recognize we're closing the door of college to some people. second thing though, really the way administration has drawn the standards to my mind is a problem. george washington law school student would i be ineligible for loans under these regs.

northwestern students getting a bachelor's in journalism would be ineligible under these regs. one of the problem is completely sympathize your point, i don't like the bad apple for profits pocketing my tax dollar but i do worry about writing heavy-handed federal regulations which are going to be applied problematically. gerri: one thing the government is saying the institutions must keep default rates under 30%. here is my problem. here is my problem of the cost of education is out of control. that is the real thing here. forget private, forget public. both of them are too expensive for kid to afford. kids and families. something has to be done to bring that price down. what do you say? how do we do that? >> i think that is exactly right. it strikes me that one of the problems with bringing down the hammer on for-profits in general it is for-profits that are most cost sensitive in the space. it's for-profits that are looking to move courses online more aggressively. it is for-profit providers like

straighter line that have come up with the idea of allowing students to enroll in college for $99 a month. it is not the publics that really taken the lead on this so the idea we want to deal with that absolutely -- gerri: taking on, mit, all big schools are starting to do it but it is taking a while. i just want to see that price tag come down because families just can't afford it. rick, we're running out of time here. i'm going to have to let you go. you have to come back and talk about this more some time, because it's a fascinating topic. lots and lots of layers. lots and lots of layers on the onion. thanks for coming in. >> thank you. gerri: have a great weekend. and later in the show we wrap up our user's guide to taxes with advice on how not to get audited. next funnyman, adam corolla talking about his personal experiences paying with taxes and why enough is enough with all the ridiculous rules. ♪

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gerri: my next guest wears many hats. he is comedienne, entrepreneur, podcast king, best-selling author, master carpenter, cool, and he says he a tax guru. i'm not so convinced joining me fox news contributor the multitalented adam carolla. thanks for being with me. i appreciate you coming on tonight. >> thanks for having me. i just had this thing, first off i was tired of people telling the people who are doing all the paying when will you start

paying your fair share. i always that this country should be run like a casino. like, if you're a whale comes in from japan and is playing high-stakes poker, you should get comped a suite. and everyone who pays more than 100 grand in taxes every year should get a gold hat and you know, park where you want. don't pay the meter. bus is free. you know, get garbaged picked up twice a week instead of once a week. pulled over, cop pulse you over, hang the hat out of the window, he keeps on driving. >> pass on everything, is that what you're saying? >> well i would say, not everything. you know. vehicular manslaughter and thinks like that, no. but, i would just run, like you run everything else in society which is those who pay in more, when you go to a concert, you can pay 30 bucks and sit up in the knows bleed section or you can pay 2,000 bucks and sit up

against the stage. what doesn't work this way? gerri: that's a crazy idea i think. under that scenario -- >> thank you. gerri: under that scenario you could commit felonies and never bet any retribution, but bet me ask you this, are you mad about high taxes? >> yes i am. it is not the high taxes. it is paying the high taxes and then getting pointed at as part of the problem, not paying my fair share. the 1%, who gets away without having to do anything. that is where everyone my -- gerri: i feel your pain. ii want to talk about your new show. your new show, cott to catch a contracttor." a lot of people out there would like you to catch their contractor, bring them in to finish the job. how do you do it? >> well it is easy. we go find the homeowner who has been screwed over by the shoddy

contractor and, then we track the guy down, set up a sting house and bring him in for fake estimate. when he comes in, we drop down on him like a hammer and get him in a head lock. drag him back in the house and get him to the finish the work. gerri: why are you doing this? did you have a bad experience? >> i'm in it for the money. gerri: oh, okay. that makes sense. i buy that. >> listen, let's be honest. i'm in hollywood. gerri: you're in california, so you have your own experience with taxes. >> that's right. gerri: you're really successful with this too. a lot of eyeballs on this show. spike tv is thrilled with you right now. >> yeah. it did really well in its debut last sunday. the next episode is coming up this sunday. it is really compelling, funny, interesting show with some laughs and summiteers but ultimately it's a -- some tears. it's a fancy, go catch the guy who screwed you and your family over, get him back, make fun of

him and make him do the work. gerri: i love it. talk about patent patrols and your podcast. there recommend out there trying to nail people like you who do podcasts. >> so far i'm the only podcaster they're going after. patent patrols are these conglomerations of horrible attorneys who buy up patents and then use them to sue businesses. usually they go after big businesses like, unknow, apple and google and places like that. in this case they're coming after little ol' me. so i'm being sued by a patent troll and it costs about a million 1/2 dollars to fight and i'm going to fight because if i lose, all the podcasters will go down. gerri: makes your tv show all that more important, adam. >> yes, i need the cashing. but you can go to fund anything.com and contribute to the legal campaign to fight patent patrols. gerri: this is fascinating how that works. thank you for coming on.

i'm appreciate you coming on the show and appreciate your thoughts about tax policy. >> thank you. gerri: more americans are getting richer. total millionaire households in the u.s. jumped to more than nine 1/2 million to the highest level ever. these households are determined based on investable assets not their home. those who have more than $5 million grew to 1.25 mill and ultrarich is 130 million,. 102,000. this makes the u.s. with the country with most multimillionaires. who makes up the next five? more than one billion people with a soup he slow economy. number five, china. the number of multimillionaires in this country fallen under 11,000 in 2013. the country of nearly 1 1/2 billion people has seen its economy struggle too. number three the united kingdom. of the 11,000 multimillionaires in this country more than half live in london. there are estimated 135

millionaires in the u.k. number two is japan. there are 14,000 millionaires up there, up more than 11%. number one country besides the u.s. with most multimillionaires is germany. up 13% from last year. women account for 15% of all the wealth. just missing the top five. switzerland and canada. coming up our user's guide to taxes wraps up with answers to your tax questions that you've been sending in all week. plus next we tell you how not to get audited with a list of red flags to avoid. don't go away. we'll be right back. ♪ so ally bank really has no hidden fees on savings accounts? that's right, no hidd fees. it's just that i'm worried about, you know, "hidden things." ok, why's that? well uhhh...

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>> day you ever wonder how the irs takes to will be audited? joining me now the partner in charge of business welcome back to the show. great to have you here. one of the things you can do to attract an audit is to do well and have a lot of money >> if you are a high net worth individual especially if you are past $1 million. gerri: one out of nine chances so we will not change that part of the equation but there are other parts you can fix deductions dispassionate to in comes. >> click at the schedule to itemize if you have mortgage interest and real-estate taxes they may say how does that work out?

i had one client who was divorced with this portion of its -- it is portion of borrowing from the home-equity line but then it went away. gerri: i like when it goes away. >> did you do a write you should not worry. gerri: it is so under irving to so many people. the w. tuz said are provided to the irs. gerri: and reported did come. but if you get the 1099 the company reporting its could you forget it? to make that is true but the

unlikely area the you are picking up if somebody else is audited now they try to match your income to your return. you can see that in a corporate setting their allotted a corporation and want to see the individuals associated with that corporation so you must make sure you compare. gerri: sometimes somebody is a little too out there taking deductions it doesn't matter if you do anything right or wrong this one person on your for you could be audited. >> there is the a identification by a number the irs will see how frequently there are investments to that accounted did you are unlucky enough to have the unsophisticated accountant.

gerri: or wildly aggressive. >> what about just because? >> potential the a special event may be earned income credit that is probably the biggest audited item. they have narrow that down and it is not just you see people but 25 percent but 75 percent our correspondents 25% -- to represent as a person. gerri: great to see you. have a great weekend. still to come americans spent $60 billion last year?

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try fixodent plus gum care. it helps stop denture movement and prevents gum irritation. fixodent. and forget it. gerri: all week long we have been talking about hopper tax season. with me now a panel of experts the president of diversified advisers and the budget and regulatory policy director for americans for tax reform and managing partner at wealth. libel get to it. can a college student be claimed by their parents? >> know but if he does not get health insurance they will be liable for the individual mandate tax take

care of that. gerri: you may not have to pay that. >> if he worked and had withholding reifies the college kid to file one it refund. gerri: in the past my husband has not been too fond of sending money aside for health expenses because it does not roll over but this year it has some changes that could have tax the bandages. -- and advantages. >> you have any balances left over it could rollover but the bad news is looking at the self-employed individual you need to find one that would do it so look

at the expense of that to see if it is worthwhile. >> when you read that question there is confusion between ss say and hsh -- teapartier or has. but it's one general over the other blind pass to be matched up. >> it is so tediously complicated. >> obamacare is even more complicated you cannot use over-the-counter drugs either. >> is the administrative and management fee paid to a company for servicing that traditional eye are a deductible? >> if it was paid out of the

i.r.a. account is not deductible but if you pay from the taxable account of course, it is subject to miscellaneous account. >> i am not able to itemize and deductions one of my choices has caused me to lose $10,000 i was lucky enough to win a small jackpot at the casino it causes me to be behind in the loss column by half to added to the taxable income? >> this is a two-part question any winnings from gambling you can only use the losses to offset the winnings but it sounds he had a capital loss but he could use $3,000 of that this year against ordinary

income and anything could be rolled over to the following years of what sounds like he needs some help to figure out what type of income cynic the issue is the taxpayer is asking whether or not is it just the standard deduction? the answer is yes if it is greater than your itemized deductions including gambling you will get the benefit any way you have the larger deduction to do the standard so do the math. gerri: maybe you just need if you were gambling losses. [laughter] what is the marriage tax penalty? >> filing jointly is to accommodate when one parent is working to have combined income pushing you into a higher tax bracket.

one is a low income taxpayer that may not be eligible for the earned income tax credit on the higher side if you combine the deductions you normally take don't double like the child tax credit it would not be double for the individual but that is a concern on the higher end as well. >> prior wray and 401k it has not contributed to any how would i be effective when i file my taxes? ltd. is not a taxable yvette in regardless if you contributed if that has not have been no contributions or withdrawals if you took ney out that would be taxable income and

employment income can also be taxable. >> is somebody is unemployed over the age 59.5 maybe look at purposely withdrawing within notes tax bracket or extremely low. then to get some of those taxable dollars out. has the is a lot change? >> tavis we're looking at new taxes but now we look at 40% with a five million-dollar deduction excuse me with the exemption that is better than we had been without the deal in 2012 it would be 55%. gerri: that was not enough tax advice.

how good does this get? >> one month from now we don't talk about this and all next year. [laughter] >> there is so much to do. you did a terrific job. the stories you are looking at fox business.com. the investors continue to watch the ukraine. crimea will vote whether to secede and join russia. it has warned at of consequences to russia if that happens. the labor department says the price index measuring changes before the recent consumer was relatively flat wholesale food did increase along with pharmaceuticals. president obama said enough people assigned to make it work here he called in to right nancy crest show today

praising it more than 4 million people who have been rolled and warren buffett conversation from berkshire hathaway rising 15% almost $486,000 and includes company paid social security but most of his stock his salary has been at $100,000 for the last 25 years. those are some of the stories on fox business.com and we spend billions of dollars on this every year. i am not talking about health care why spending hit a record high. after the break. ♪ friday night, buddy. you are gonna need a wingman.

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gerri: giving royal treatment despite the economy spending on pets was at $55 billion. they will be even getting more generous this year so when exactly are they buying? we have the chief petty officer at the website dedicated to animal welfare and rescue. >> absolutely.

us three months to follow up for adoption and roger is the american asked about -- eskimo and it is so sweet and a great family dog. >> we talk about how much people spend you don't have to spend a ton to be happy. >> all the one to do is play and love and sleep and eat that food is so important because number one the fda has not been great to regulating pet food we have a lot of recalls it is important to give your pet the best food possible they know your dogs weight and health and age from your veterinarian they can recommend the best food for your pet. >> we're spending 21 billion in the ec super special stuff for dogs like this and i wonder do you have to pay

that it is nutritional and not expensive? >> what are you going to eat? proctor and gamble just bought one company than there is true dog that is raw and freeze dried but make sure you feed your pet what is best possible it will save you money on medical cost. one of three dogs are diagnosed with cancer of what the of it comes from food. gerri: they live so long now. with boarding and pet sitting at all adds up. [laughter] so cute. also celebrities. they all get into it. alan is partners and kathy

ireland announced yesterday she is partnering with a company called world wide with recyclable products for pets. it is incredible what is happening. so they're all getting into the animal welfare in to it that means it is happening. gerri: and to have the job without the parents and where do you go to save money? >> first of all, go on line and search. there is a lot of places but consult with the veterinarian. toys are amazing. it is the person.

to feed a the best food possible and exercise. but this is a dog basket. people can realize that you lose weight 64% of pets are overweight. gerri: i am sold. >> he is up for adoption. >> he is adorable. gerri: thank you for bringing these lovely pets. here is the question to americans spend too much on their pets? log on" end quote. we will share the results after the break. it's a growing trend in business: do more with less with ss energy.hp is help. soon, the world's most intelligent servers,

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gerri: finally living in flood prone areas will not get a break on the of insurance bill and a bomb is going to reimburse the flood insurance program it would scale back premium increases it is all well and good for those people wouldn't we all want to be below market rates they are subsidized by taxpayers if you live at the beach in the foot the bill. what about asking other people in chicago for car insurance because it's knows a lot? we will see you back here on monday.

good evening, everybody. president obama raising the temperature of his rhetoric. drawing another line for russia. this time on ukraine. which, in this instance, has already been crossed by russian troops. the president along with our european allies have delivered an ultimate to putin. the message is simple. pull back to your troops in cry mia and enter talks with the new ukraine government by next monday or sanctions will be enacted. they include travel ban throughout the european