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tv   Lou Dobbs Tonight  FOX Business  September 28, 2017 11:00pm-12:00am EDT

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katie frates, thank you for being with us. great tweets as always on this and other subjects. thanks for being with us. steve forbes and tony shaffer. u lou: good evening trump administration today launching a full court press to launch a tax cut plan, president trump, said that middle class is so important he mentioned the words middle class 10 times in his speech yesterday. the globalists, goldman sachs elitists are having a hard time coming to grips with it all, task with selling tax plan. and he could not guarantee the proposal would lower taxes for the middle class or all of it.
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>> if i am hearing you correctly, you can't guarantee no middle class family would get a tax increase, there will be middle class familying tha famia tax increase. >> george there is always an an exception to the rule. >> you could find me someone in the country, their taxes may not go down, we have all different types of structures. i guarantee you could find someone. lou: my first guest said that president trump is committed to cuts taxing for the middle class, she said, that president is not giving up on repealing obamacare. joining us tonight, kellyanne conway, on i have to congrat --
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congratulate you first. he has been working on fundamental tax cuts since the transition, since when he was elected. this week is cull ma nation of - culmination of those efforts. so what does it do? lou: you say 36 years. >> since president reagan. lou: back to president reagan, 1986 economic recovery format. that is going big and bold, and so is the president in terms of his aims. is that level of change and tax reduction possible? >> it is with donald trump as president, let's see what capitol hill will do, we have
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support of a lot of small business groups and creator groups on the outside. we've been working diligently with them, we want this to bubble from bottom up. but have you democratic senators in states where people, job seekers, job creators want and deserve a tax break. it seems meek when you think about president trump's vision for making sure ha jo that job creators go from 35% to 20%, that will create more jobs, the middle class will benefit the most with child care tax credit, bracket shrinks from 7 to 3. lou: we reported all that. and our audience understands that. i think what is difficult for many to understand, at least to this point, the discussion from the white house, from congress
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and senate, has been about a tax cut, a tax reform. it seems some in the part are pushing reform. when the president keeps talking about a revolutionary historically, deep tax cut. so what becomes interesting is we know the baseline here that the president, the k5 the cap o, he wants at least down to 20%, instead of 35%. 40% reduction in taxes for corporate america. there is a lot of ambutionty. i have not -- a -- >> middle class will benefit from the president's issue. lou: we know how much for corporate america but we don't
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know how much the middle class, when to we find out how much? >> the middle class knows what they pay, what bracket they are in, they can basically estimate what kind of relief they will receive, remember, if we make job creators more competitive, that helps everyone. if you that are welder, that carpenter, that factory worker, looking for a job, when you reduce tax burden america's job creators, you e encourage them o stay here. we want to repatriot the billions overseas. middle class benefits because the brackets are shrunk and percentage you pay in taxes goes down. and the exemption doubled. >> my point, one you talk concrete, specifics and understandably. to everyone about a 20% cap to
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taxes for corporate america. there is just a lot right now on a tax cut that president said is focused on middle class that we're not hearing about. you hear talk about repay thing- repatrioting. >> in the past they have invested that money back into their companies, they can give their employees raises. >> i know the possibilities, i understand possibilities. the choice is -- i don't understand how are you going to incentivize corporate america to do the right thing. >> because they want to hire americans, to continue to buy american and keep the factories here. now, look, you also see just a prospect of a tax revolution by
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president donald trump has lead the stock market to historic gains, the gdp . lou: i know all that. everyone watching and listening to you knows that we understand that this is going to be a work of art, political art work. i was just curious about where we were with something that is very important, i am sure in the days and weeks ahead we'll see it. >> it is a work of art but the math lesson is important. you will payless taxes, think about how much people indirect taxes. >> thank you kellyanne. >> thank you, lou. lou: kellyanne conway. >> coming back we'll talk about tax cuts and the nfl, and the president who had a belly full, and thank goodness he did.
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stay with us. >> president trump promised huge historic and revolutionary tax cuts. >> this is a tax plan for jobs and growth, growth for our country. it will be the largest reduction in terms of dollars. lou: can congress deliver legislative victory? will it benefit the middle class? we take that up with congressman shawn duffy next. >> and trump administration lifting shipping restricttion for puerto rico to expedite aid to the it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions
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lou: health and human services secretary tom price, trying to rectify his scandal involving his use of private jets leaving president trump fuming. fox news learned that price will cut a personal check. and vowing to halt his issue of charter flights. >> majority whip steve scalise
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today making a triumphant return to the house of the floor of representatives, his first since he was seriously wounded in the june shooting at a congressional baseball practice. >> if you look at the outpouring of love, of warmth, prayer, my gosh, jennifer and i have been overwhelmed with all that. it has given us strength to get to this, it starts with god, i am a live coul could -- living example that mirro miracles do . lou: your next guest was there. he talks about our political challenges now. the list goes on. joining us tonight congressman shawn duffy, member of the house financial services committee.
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>> great to see you. lou: it wonderful to see steve scalise back and walking. with crutches, that is remarkable. >> it was fantastic, heart-touching, it unified republicans and democrats. it was important to point out god was key in his recovery. and a cool moment for the house. lou: and you know, he looks like leadership material to me. >> absolutely, this was nip and tuck for him. lou: seriously wounded, shot through the pelvis, that is one of most difficult things in which to recovered. >> that bullet shattered and did a lot of damage, thank god he is back, we look forward to his leadership back in the house. lou: he looks like he is primed and ready. a lot to do. president launching tax reform attacks cut initiative.
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there appears, usually for you to be considerable coordination from capitol hill to the white house, the republican national committee. >> yeah. lou: this time it looks government is it. >> if you look at health care, what a disaster that was, we have learned our lesson. instead of the house jumping out in front of every else. let's get everyone agreed, the president, senate and house agreeing to the framework. and we have to fill in some gaps but everyone agrees to that framework, lou that is a great starting point to get tax reform done. lou: president now says that cap, on corporate taxes is 20%. >> right. lou: a lot of debate and dissension went small business in this country about they should be lagging and have a 25%. these are important issues, as
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you know, how will they be resolved. >> i don't know that issue. 25 to 25% disparity will be resolved. we have a situation that senate rules this has to be revenue neutral. trying to find revenue to lower rates becomes challenging. i think we found you know right sweet spot to make it work. and so, this that is not going to change. lou: how about doing what the president said, what gary cohn implied thered be growth above 3%. you know suspend senate rules and mitch mcconnell 's drag on the party, lit her hip. >> just change the rules. and allow it to work. i think that plan is smart, i will tell you democrats have been crafty in saying this is a
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tax raise for low income and a tax break for we'lly it looks like you are take a 10% rate to 12, and 39 to 35. really, if you are at 10%, that goes to zero. if you are at 15%, it goes to 10. so, contrary to what gary cohn said this is a tax break for all americans, we'll simplify the code, increase standard deduction. it will be good for middle class americans. lou: i hope good for all americans. i hope you get it done. it is going to be a test because of the senate. and mitch mcconnell has made two failures and a mess of the agenda. >> i'll argue that one group that is probably not going to see much of a tax break that is wealthy americans, trump said they have done well, we're helping them out, the growing stock market, imfocussing all --
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i'm focusing all revenue to middle class. lou: i think that everyone who is doing well is applauding the president now. if not, they are being short short-sighted. >> what thi -- they will sit bak and applaud the president for having a bold vision. lou: speaking of president's leadership on the nfl. we have a packer game. i know you don't pay any attention. >> right, as a wisconsin guy, i don't. lou: talking about the teams linking arms. why can't these players, why can't the nfl, understand respect the country that you live in and owe so much to. >> this is the anthem and flag that brought you civil war, that brought you civil right, and women's right to vote, this is
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not perfect, but the greatest country that ever existed, we should stand, is a lute our flag -- absolute our flag and -- salute our flag and the national anthem. the packers say we are linking arms, they are asking that fans link arms supporting them as they support the people who are kneeling against our flag and our international anthem, i hope that the packer fans in lambeau field don't link arms, they put their right handover their heart, and they pledge. i think that most americans sit in favor and rally on behalf of their country more so than the nfl football teams. lou: i think importance of the
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nfl has diminished for a lot of fans. >> i am turning my tv off. lou: mine is off. we're holding steady. congressman sean duffy, always great to see you. >> thank you. lou: best to your wife, rachel duffy, she always agrees with me. >> she does. i tell you, you gave her your book, she reads it at night, we're having marital issues, i said, put lou down, let's talk. lou: we're kidding. you know she is quite the lady. i think we should point out, you have 8 kids. >> 8, oldest is 17, youngest and 15 1/2 months, he is at a great
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screaming change right now, she is home with her hands full. >> thank you great to have you here. >> thank you. lou: do you agree nfl players should stand on the sidelines respectfully during the national anthem with their hands on their hearts and helmets by their side? cast your vote on twitter, @lou dobbs we would like to hear from you. trump administration announcing it is waiving the jones act 97% of puerto ricans still without water, it is such a devastating
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aftermath, the island has been hit harder than anything we've seen in the caribbean in a long time. >> on wall street, stocking closing higher, do you dow up 40, and nasdaq up a frack, frac. president trump delivering on his economic promises, the economy growing, remember we were not supposed to get to 3% growth? 3.1% in second quarter. fastest pace in two years. toshiba selling a deal to sell its chip business to a group lead by bain capital, consortium includes apple. a reminder to listen to my update 3 times a day coast to cast i t.coast on a salem netwo.
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>> robert menendez, a democrat charged with serious items. including corruption. we'll bring you the full report, you won't see much of this on the national, left wing-nut media, but we'll have a full report for you, right after this, stay withhhhh hi, i'm the internet! you know what's difficult? armless bowling. ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour.
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. lou: federal government officials taking the stand today in the corruption and bribery trial of democratic senator bob menendez. first federal bribery case involving a sitting u.s. senator in 36 years. menendez is accused of taking gifts in exchange for his political influence to help a wealthy donor. fox news correspondent bryan llenas is in newark and has our report. reporter: senator, if convicted, will you resign? day 13 of the corruption and bribery trial of democratic
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senator bob menendez included testimony of former government employee who spoke about what she believed was an unusual request by menendez's office on behalf of his friend and doctor. both men are facing 15 years in prison if convicted of felony bribery. the prosecution alleges menendez used political influence to help dr. mel begin's business interests in exchange for hundreds of thousands of dollars of lavish donations and private flights. one of the business interests was the security company. the prosecution alleges senator menendez tried to get the dominican republic government to use melgin's screening equipment. on thursday, a former customs border asking her agency to, quote, consider holding a
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shipment of scanning equipment to the dr. testified the request was unusual, quote, if we had deemed it necessary to provide this equipment, i found it odd that a senator would ask us to stop doing that. then the prosecution showed the jury a receipt from bannion golf club showing mend endez and the doctor played golf before they send the e-mail to cvp intervening on behalf of the company. e-mail exchanges show the same day the family promised to donate $60,000 to the menendez campaign, the senator asked for a meeting with the assistant secretary of narcotics and foreign affairs department. brownfield works with the government department to keep ports secure. he boarded a commercial flight to puerto rico to assess the situation after hurricane maria. lou? lou: bryan, thank you very much, bryan llenas, we're
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coming right back with much more, stay with us. president trump calling out cowardly nfl owners, owners he says fear their players. >> i have so many friends that are owners. i think they're afraid of their players, if you want to know the truth. it's disgraceful. lou: we take up the outrageous, disrespectful, insulting behavior from the league. and riding a unicycle challenging enough for most folks but this adrenaline junky found a way to take it to the whole new level. whole new level. we'll show you the video of the ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can
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maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. . lou: the swamp still needs a lot of draining and the deep state is doing too well in our nation's capitol. still a new government accountability office shows 78 obama political appointees are now burrowed into career, permanent government jobs, and those burrowings took place over a six-year period, that protects them from being ousted by the trump administration rather than political appointees, they're now government employees. the departments with the largest number of so-called conversions of the department of homeland security and the department of justice, if you can imagine. joining me now to talk about the push for tax cuts, the nfl
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controversy and much more, beman, radio talk show host, 2012 presidential candidate herman cain, fox news contributor. great to have you with us, herman. >> thank you, lou, good to be here. lou: good to see you. let's start with the tax cuts. this is something that the economy, in your judgment, desperately needs, has to have? >> yes. lou, as you know, i have been looking at tax cuts and simplification since the early 1990s. lou: i'm going to say it before you do, 9-9-9. >> one of the things i looked at. add to that the fair tax, add to that the flat tax and now we have the trump tax plan. it is a good plan, here's why. liberals will attack it using that same talk points that they have been using for 50 years. they never remind people about what happened in the 60s when john f. kennedy and that
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congress were able to get tax rates dramatically cut. they never remind people about what happened in the 1980s when ronald reagan was able to get the tax cuts. they use the same talking points to scare people into not supporting this. this is why i encourage all of my listeners, call your representatives and senators and simply ask them to support trump's plan. it is a solid plan. lou: and this time, there's great coordination among the republicans, and this president is directly appealing to the democrats as well. this, appears to be, and i will say being a victim of past experience, it appears to be a much improved atmosphere to actually get this done. >> i would describe it as i'm cautiously optimistic because of the appearance that you've
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recognized and a lot of people have recognized, you are correct. but remember, we're dealing with the swamp, and when you're dealing with the swamp, you never know what the end result is going to be. let me add this, lou, see, president trump approached his tax plan proposal the right way. he started with a blank sheet and said we want three brackets. we want this to be the top corporate rate, and we want the rates to look like this for individuals. swamp starts with 80,000 pages and they try to work sdpourngs they run into all of the special interests on the way down to simpification. this is why i believe that the president's plan is the right approach, and what we have got to do for the conservatives have got to do and the republicans that are not rhinos have got to do is to support this president's plan to get the real message out there as to what it would do for this
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economy. lou: tonight, another football game, more controversy, and it seems like such a simple thing, herman. football players and their owners need to respect the american flag, the national anthem and the nation. why is this complicated for them? >> the nfl is in a box and they can get out. and here's why. this whole thing started with one football player who had a misperception about injustice and racism in america. the media then took and ran with that and distorted it and created multiple incorrect messages as to what this nation stood for and it started to spread. all the owners in the league has to do is to say we're going to take this out of football, and the public will respect it,
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the fans will respect it. lou: when you say take this, you're saying take the demonstration to protest out of football. >> yes, take the protests out of football. if you want to protest what you think america does not stand for, take it to the steps of the capitol in your state. you can get a permit to demonstrate there all you want to. that's where you ought to take it. but shouldn't take it to the football field, and you shouldn't insult the national anthem and the united states flag. lou: amen, brother. thank you so much. herman cain. >> thanks, lou. lou: great to see you. appreciate it. we'll see how this goes tonight. be sure to vote in our poll. do you agree nfl players should stand on the sidelines respectfully during the national anthem with their hands on their hearts and helmets by their side? . please roll the video, this
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daredevil we're about to show you, that's one view of him. he's looking for the perfect spot to unicycle. where would you go unicycle? well, hundreds of feet in the air on, a bridge, somewhere in serbia. he's pedaling with inches, as you see, between himself and death, and by the way, videoing it all the while. i mean, the video is extraordinary, if that weren't enough, he also does tight walks on a steel rod. this is a fella who is committed to thrills and great video. up next, nfl players set to take the field after their shameful protests on gold star mother's day. gold star mother karen bond say the players are insulting the american way
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. lou: the green bay packers are asking fans at lambeau field tonight to lock arms during the national anthem in what they call a show of unity. rodgers previously defended colin kaepernick saying he believes he's not on a roster because of his anthem protests. the quarterback apparently
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doesn't understand as congressman sean duffy pointed out, that is asking the fans all to join in an insult to our national anthem. to our flag, and to our country. and i couldn't agree with congressman duffy more. my next guest says her son would be mortified over the disrespect shown by nfl players. joining me now is gold star mother of fallen navy sale erin vaughn, senior adviser for concerned veterans of america. we're joined by karen vaughn. it is great to see and you great to talk with you. >> good to be with you. lou: i want to turn to what we're watching here. you said that aaron would be mortified of this. i think much of the country feels exactly that way. yur thoughts? >> exactly, lou, you know, the one thing that has stood through the test of time is the
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american flag. it is a banner of freedom. symbolic of everything we are as a nation, and yes, aaron would be mortified to see people choosing to disrespect the national anthem and the american flag. i mean, i don't know how many war fighters i know who have an american flag tucked inside their vest when they go to war and die with it there because it has such a powerful meaning of history and courage and bravery and the american dream and, you know, it's what they represent. it's what they fight for. he'd be very discouraged and mortified, yes. lou: and as we look at what's going on, do you have a sense of why the league would not understand that they have a responsibility to respect this country, to respect the flag, why they wouldn't understand that more than half, 60% of the country by most polling really resents what they're doing and people are turning off tv sets,
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cancelling subscriptions to whatever is nfl, not buying their merchandise now. >> right, i think this is completely misplaced frustration, anger, you know, yeah, we've got people who are living the american dream. they're the epitome of everything that america stands for, the american way of life. they are men who are able to come from nothing and rise to great fame and extraordinary wealth all off the backs of men like my son who died for them, with the flag, you know, with a flag draped over their coffin when they come back to dover air force base and when the families meet them. why they don't understand, i have to say, lou, i know we agree on this. but we had eight years of a divisive president who literally reignited racial tensions in this country to a level that is absolutely unprecedented, and we've got a lot of work to do turn that
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around. i was listening to another show last night, there was a really intelligence black attorney on, there he was saying he suffered injustice at hands of policeman because he's black. i just want to say to african-americans out there, i suffered injustice also, right? haven't you, lou? i've been pulled over unfairly. not always because of the color of your skin. i know there are problems but seriously got to start talking about this intellectualy and start having communication between the black community and the police departments and we have to stop the race baiting and politicizing our races. we are one nation under god, indivisible. you know, with liberty and justice for all. lou: and we have a president, no matter how some on the left tried to distort it and make this protest, if you will call it that, by the nfl players about president trump. let's talk about something
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else, i think you and i agree on, and that is that this president, we owe him great thanks for having the guts to stand up against those who would insult our flag and our country, and people should be deeply appreciative of that as well. >> absolutely, we've seen -- we've seen cowardice in this area for a long time, lou, and it is really nice to see a man speak the truth, regardless of what it costs him. it's very refreshing and i thank god that donald trump is our president. i thank god that a man who puts america first and loves his country and will always stand for the values of the united states of america and for those who have fought and those who have died. you know how can you go wrong with that? it's absolutely hilarious in a tragic way that we even have to say it's good to have a president who's proud of our country, right? lou: it is. >> unfortunately, that's where we are in this sgliegz absolutely. karen vaughn, thank you so much, great to see you again,
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great to talk with you again. >> good to see you, too. thank you. lou: a new assessment finds the united states and our allies control barely, barely half of afghanistan despite 16 years of war. the long war journal ironically named, reporting the taliban is occupying or contesting 45% of all of the districts in afghanistan. taliban is the most dominant and vast rule stretches of afghanistan, the u.s. military controlling urban areas or at least most of them. up next, pressure building for the republican party to deliver on the trump legislative agenda. katie fretas and mark simonne join us next. we're coming right back.
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about this deal. why aren't the players just honoring the flag, and taking their protest, whatever it is they are protesting somewhere else and leaving work alone. >> work is their biggest means to protest. it rings hollow because you have so many internal issues the nfl has. you have players being arrested for massive amounts of domestic violence, murder, pane mall abuse, d.u.i. but they are okay with kneeling for before "the national anthem." it screams hollow that they won't look at this and say we have serious issues with our
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players and we are going to cover it up. mark: i think they set the record for the dumbest protest ever. they may have had a good protest in the beginning. it was what tiny fraction. they lost the point of the protest. who are they to protest brutality when they are about to commit two hours of brutality to each other. we are tuning in and going to a football game to watch the game and not listen to the learned lectures of a cornerback or defensive tackle. why the owners have not said enough and stop this right now. how are they going to get out of
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this mess? >> you have to wonder why they haven't said as much. i think it might have to do with potential backlash and retribution. but they are facing backlash from a different segment of the population that doesn't want to have football ruined by politics. you see directv offering refunds. you see the money being lost because people do not want to have politics bleed into every aspect of their lives. so they are paying for this. just one side as opposed to the other. mark: when lou dobbs cancels his football package, you are in trouble. lou: we did. as i said early were, i wanted to check out the beginning of it, and my wife said no. i think there are millions of people in this country that feel much the same way.
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the idea that the left dominates and insinuates its ideology into movies and television, you name it. and now the left has insinuated itself into two professional sports and that is the nba and the nfl. what do you think? >> this hasn't worked for espn, right? espn got political and it blew up in their face. it's not going to work out. but i would say these are private entities. these are private companies. if their bottom line is being hurt by the actions of people they employ and they don't like that, they are well within their rights to do something about it whatever that may be. at the same time if these players want to get on their
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knee,er in well within their rights to do it. but if there are consequences, there will be consequences. lou: the left is trying to say president trump was interfering with their freedom of speech. he is not, and we are not. we are exercising our freedom of speech and voice and volition. mark: the president saw a curveball hanging over the plate and he swung away. this will affect the mid-term elections. lou: to see those people along the sidelines whether they are coaches or players, all of the money they make, the luck and good fortune of their lives and the great fortune to be living in america, it's mindsless and the president has called them and they will ultimately pay a price, no question about it.
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katie frates, thank you for being with us. great tweets as always on this and other subjects. thanks for being with us. steve forbes and tony sha thanks for joining us. good night from new york. kennedy: steve bannon sets sights on ought gop establishment. the president is calling the tax plan a miracle. democrats say it's a swindle. john stossel is here with the real story. the white house says help is on the way to fix puerto rico. ron paul as an angle you don't want to miss. as we celebrate free speech and the good:fight for the first amendment. we salute a general in the war on obscenity. playboy hugh heffner has passed.

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