e se and like those who serve before them theirs is a "war story" that deserves come back anytime. >> thanks, see you tomorrow. >> bye. new tax hike talks from the president. will it take a toll on jobs across the u.s.? hi, everyone. this is bulls and bears. thousands of jobs getting slashed this week from ebay to american express to john deere. some predicting it's about to get even worse, so is this any time to be pushing tax hikes? here they are, the bulls and bears this week. gary smith, trace burns, john along with gary. welcome to everybody. okay gary, tax hike talk. bad timing? >> absolutely bad timing. look you have an economy that i

think is on stilts. zero percent interest rates an the printing of money. i think economic numbers are not as good as they say they are. you have an unemployment rate not including the labor participation rate crashing. this is the worst time to do it. you're already seeing employers getting rid of people and if you want to get trouble, start raising the taxes of the producers. >> of course, the president says this is exactly the time we should be talking taxes. >> so, in the state of the union this week the president introduced a series of legislation that would help the middle class that haven't really, we have record highs right now with our economy t. middle class has not been affecteded. these programs including paid sick leave insenttives for married couples to have child care and health care. all of these incentives would be helping the middle class and so, he's pulling at different places, whether it's hikes for corporations that have not paid any taxes over the past ten years or basically taxing under

income. dividends from different pieces of earned income that have -- >> it's kill ging me because this is not how you do it. first of all, many small businesses and these are middle class small businesses, file on the individual tax return, so you raise the top rate, you are smacking them in the face and that means one they don't take home any money and two they have to lay off people. we continue to tax the rich supposed rich, meanwhile, they can hire the best of the best to figure out ways around this. completely legal but they have the means to figure it out so they're not collecting the tax revenue they think they are. it backfires every time and it's a part of the president's push to take away the step up on appreciated assets only against the middle class because not everyone inherits stock. not everyone is rich that inherits stock. >> wait, no. john, let's just talk about the talk itself. i mean companies have been hit with a recession. new regulations.

obamacare. and now talks of tax hikes after they have gone through tax hikes. what does that do for file inging? >> well, it's got to hurt. it's a matter of economics and the partisans, these rich, evil corporations that don't pay any taxes. name five. name five. you can want. you love to say these corporations don't pay tax. that is come meetly false. talk about the middleage, middle tax cuts. the middle class that has disappeared over the last 15 years because of the policies of this and the past administration. the low interest rates from the fed and also the tax policy that favors those tax breaks, it's put the middle class out of instings. we have $3.6 trillion in revenue through last august of 2014. a record. we don't have a problem right now. with revenue. we have a problem with spending and that is not getting under

control. it's when politicians have no backbone and aren't willing to cut anything. >> you want to take that challenge about the corporations that don't pay taxes? >> yeah, they haven't been. >> name five. name them! oh, my goodness. >> and name how much it is. >> what they're doing is hiring lobbyists and they're willing to pay millions of dollars to get tax loopholes. >> you can't name them can you? >> exxon. 40%. they're paying tax. they're paying a hell of a lot of it. >> and in the end, this is more spending for more government. what does that do to hiring? >> brenda this is going to hurt hiring and it just boggles, this is we should accept the fact that this is right out of the obama playbook. it's, hey, let's get those mr. monopoly people out there with

their top hat and tails living on yaugts, we're going take the money from them and spread it around because as we know that kind of policy has worked so well in the past with the stimulus and all the other taxes that obama has increased, but let's get back to the basics of why this is going to hurt. this is a capital gains tack. why do people have capital gains? because they invested in capital. entrepreneurs, small business, large corporations, invest in capital to grow their business. the reason they grow their business is to create jobs. if you take away the incentive for people to actually get a capital gains you take the incentive away from people and corporations to invest in businesses. they stopped doing that, brenda it hurts jobs. it has to. you know, obama -- economics is at zero. i give it at f if he ever took a

class in it. >> this is reaganomics. this is a bipartisan issue. reaganomics. at 20% when reagan took office it did go up then sent the economy into a tail spin? >> what! >> 20% when reagan first took office. >> didn't bill clinton lower capital gains taxes? john f. kennedy? wait a second. it worked for them, but this is a reagan -- >> brenda -- what were middle income earners who paid per hour back then? >> all right to bring john in here. >> if everybody talks at once, you save a lot of time. nobody can understand anybody, but you save a lot of time. our tax code is a mess of political favors and that is bipartisan. it's 70 something thousand plus pages. the highest corporate tax rate in the world, those are small

bis businesses. you get a llc, pays 50 something percent. we need overall tax reform. the president just adding a little tax here and there, it's just more band-aids. it hurts business and hurts business hiring. you need something done. >> let's forget about whether or not this gets passed. just the talk alone, doesn't that add uncertainty to other people? >> well, you have people in the board rooms that are list bing to everything that comes out of the mouths of what people in washington washington, d.c. and all they're hearing now is you've got to give us more money because we're going to take it from you and dole out a little bit here and there. they are going to be thinking twice about their plans going forward and to further is you do not change the trajectory of anybody's life by handing them 200$200 here, $400 here. you change people's lives with great jobs that pay a lot of

money and how do you great jobs? you let the economy flourish. how? stay the hell out of its way and it will flourish and every moment in time, this administration wants to do something more and more and it's all about giving them more money. >> and please don't forget there are more taxes coming down the pike with obamacare. we are not done with that mess yet. so, you raise them today there are so much more coming down the pack. the middle class is going to get slaughtered regardless of what they try to do. >> thanks, guys. if you hook up with isis, you could give up that passport. republican senator ted cruz fighting to put a travel ban in place. so why are others fighting him?

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announcer: skip the drama. get your ged. i got that. you are good to go. announcer: take that first step towards a better future and sign up for free classes now at yourged.org. monday morning commute commutes all up and down these coasts. now to bulls and bears. they trained with terrorists and returned home as terrorists themselves. we saw what happened over there. now, republican senator ted cruz says it's time to stop it from happening here. he just filed a bill that will ban any american who leaves to fight with isis or any other terror group from ever coming back. john, you say this is long overdue. >> long overdue. senator cruz is a polarizing figure and sometimes when he introduced something, people want to disagree, but i can't understand anybody in their right mind disagreeing with this. this is the alaki bah tall on.

they train former speakers to go back and go into is western countries and create acts of jihad is what they're calling it. this is what happened in france, the batallion trained these guys to go over there and killed these people. these are threats to our country. you can't stop a suicide bomber. it's almost impossible, but you can keep enemies out of our country. >> what do you think? this is bad for national security? how? sfwl we need to take a step back and look at the optics. so, anybody who has trained with ice is that we are aware of that we would not allow in they're on our radar. they're not going to be doing anything in our country. this bill is irresponsible. it's weak on national security. and the reason is that if you're banning them from our country, where do they go? yemen in canada? it's better to have them on our radar than put them on trial and actually convict them and then deal with them. >> but meantime --

>> suggestion of a place to go, believe me. >> but in the interim, we should teach them how to use every weapon that we have this is crazy. on on onjohn is right. this should vpd the first time our grounds were attacked and the fact it hasn't and that there's opposition is crazy. put your opinions aside of ted cruz and this should go through. >> you don't think this is the right thing for america to do. >> i don't. for one main reason. it's not constitutional. in the constitution, it guarantees a right for citizenship. it does not mean i don't think these acts these terrorists do are evil hurtful to the united states. that's not the point. we've had hundreds of people since 9/11 do treasonous evil acts. unless you walk into is a consulate somewhere or an embassy and renounce your citizenship, you are a citizen. but benedict arnold maybe the most treasonous person we had

was still a united states citizen. i understand what he's trying to do. we're going to rewrite the constitution. this can't be done. >> gary, what are you doing? are you surprised it hasn't been done yet? >> when i heard this, i was like you mean there's not a legislation about this? this is the most obvious of obvious. these are people that want to come here and destroy and do paris number two, three, four and five. i don't see any downside to it and i'll go one further. renounce their citizenship. if they're going over there to train to kill us, are you kidding? the number one goal, number one rule of government is defend the people, come up with the legislation to do it. >> but our forefathers are rolling over in their graves right now because they would step up and say, okay, throw the book out the window. we should allow this. forget the constitution. protect our people. >> john, do we have to do this to protect not only ourselves,

but our economy? >> i think so. small terror events have been blitzed on the economy. cost us $3.3 trillion through wars and the economic loss we had. yes, this is a major thing for our economy and safety and gary i understand your point. i disagree with the fact and if a law needs to be changed it needs to be changed to protect our people. >> well, i would say then you are going down as we say, the slippery slope. where do you start changing the constitution as it suits your needs needs? do we take away freedom of speech for people that get up on the sidewalk on constitution avenue and start saying united states is is an evil place and i'm going to bomb it today? no, we arrest those people. we don't then say oh we're going to change free speech. >> but gary, if you're training with a foreign military group to come back and have combat against americans if you're bombed as you're part of the group, you're going to be killed and i think that's where most of these guys deserve to go. >> i agree with you. >> so, why don't we arrest them?

what's going to stop them from going into canada or any other partner's -- >> we don't run canada. >> hold on. >> tracy go ahead. >> why are we being so gentle and kind? who the hell cares? arrest them. that is nothing. they don't -- deserve that. they don't deserve citizenship or kindness. >> okay. gary. we're talking -- but that's a different issue than what cruz. of course, throw them in prison. shackle them. put them in a dark place they can never get out of. he wants to say you are not now a u.s. citizen. that is a different issue. >> okay, quickly, gary 20 seconds. >> we're talking slippery slopes, we don't want the slope where all of a sudden we wake up and a few malls are bombed

and people are dead because of one of these people getting in here. we have to do everything possible to keep them out. this is the united states. >> okay. >> that's got to be the last word. thanks guys. and cavuto on business. what have you got? >> the president is quite defiant. what that means for our dollars and you want to know what happens if you call illegal immigrants illegals? one california newspaper finding out the hard way. see you soon. >> thanks neil. we'll be watching, but up here first, lots of spouses admitting to cheating. but not with other people. with their money. we'll explain.

couples, listen up. millions admitting to hiding bank accounts or credit cards and one in five making purchases over $500 without telling their partner. tracy, big no-no or no big deal? >> i think if you have a financial plan as a couple and you're working, you should be able to do what you want with your own money at times. drugs and prostitutes aside. i think you should be able to buy a pair of shoes and not have to go to court about it. >> gary, you're the expert. you've been married fore ever. >> i would never put myself in the expert category when it comes to marriage. every day is a new day, brenda,

believe me. look i agree with tracy partially. if finances are not that big of a deal in your family yeah, then don't worry. for most families though, i don't think that's the case and look, a good relationship, the number one thing is trust. if you can't trust the other person and they're doing something behind your back, i think you have the foundation there for a ruined marriage, so i would try to be up front. >> gary another expert. you've been married fore ever, what do you think? >> i know nothing. all i can tell you is if you are a spouse and you are hiding big accounts from your spouse there is something wrong and it is a big deal on a one-on-one basis. the good news is i don't think most people have that going on. but i think tracy said it best if it is there's probably something that she mentioned.

>> all right, let's be frank. this is men. men were doing this. 26% of men were doing this. >> only men. >> it just shows that american are bad with money and shouldn't be leading our country, so we need more women in office. all the men, out the door. >> not john. tell us what you think about this. >> i think the point that is missed here is the $500 level. if you're getting drugs and prostitutes for under 50 you're getting a heck of a deal or not very good quality. >> for less than that. >> my wife has a separate bank and i trust her as long as it's not a problem with spending. it's not in our family. i wouldn't dream of asking my wife to report income to me. >> thanks, guys and thank you for joining us. and eric, what do you guys have coming up? >> brady, belichick and deflated

footballs casting a dark cloud over the super bowl but is the real scandal what is teaching our kids? plus, did the president's image just get deflated from this interview? >> we'll be watching. but up here first, i'm sure you've all heard all the deflate deflategate jokes, but have you heard about the name ready to get superinflated from it all? you're about to.

me where'd you ever learn ♪ ♪ to fight without saying a word? ♪ ♪ then waltz back into my life ♪ ♪ like it's all gonna be all right ♪ ♪ don't you know how much it hurts? ♪ ♪ when we don't talk ♪ ♪ when we don't touch ♪ ♪ when it doesn't feel like we're even in love ♪ ♪ it matters to me ♪ ♪ when i don't know what to say ♪ ♪ don't know what to do ♪ ♪ don't know if it really even matters to you ♪ ♪ how can i make you see ♪ ♪ it matters to me? ♪

>> predictions. >> deflategate, more people are going to watch the super bowl this year. even behind brady at the press conference, there was an advertisement for gillette products. proctor and gamble is going to take off 30% in a year. >> gary? >> they are too big, no growth flat lining stock. >> john, your prediction. >> discover financial is down because of loss provision and loss of revenue. i think it's time to buy. i do own it. up 20% in a year. >> gary. >> an unauthorized stock split. >> your prediction. >> love starbucks earnings. the stocks action and the double espresso. i think it's 25% higher this

year. >> john, bull or bear? >> i'm a bear. >> and tracy. >> brenda, pope francis says put down your gadgets and actually talk to people. introduce yourself to your family. it's too much. >> the best business talker in the world is coming up next. neil cavuto. hey, mr. president. what is the deal? deal, no deal not even going to try to deal? why am i thinking i'm getting the raw end of the deal? welcome, everybody and call it a tale of two presidents humbled by midterms but each dealing with it on very different terms. >> we heard mesh shouting and now, all of us, republicans and democrats alike must say we hear you. we will work together to earn the jobs you have given us. >> i have no more campaigns to run. my only