please join me tomorrow morning, 10:00 a.m. eastern time to noon. the cost of freedom live on fox news channel. we hope join melissa francis and me on "after the bell." kennedy: republicans finally release their tax plan. will you see more money in your pockets? brian brenberg is here. former dnc chief donna brazile claiming she has prove hillary rigged the race against bernie. grab the power cord. taxation is theft. but the republicans are playing robin hood as they flirt with tax reform. the best thing they can do is lower the corporate tax rate. tax brackets will be collapsed from 7 to 4.

but rich folks are still paying close to 40% because they are scared of nancy pelosi saying they are giving the elite a massage. the 401k pretax remained snipped and the death tax will be repealed, eventually when president trump leaves office in 2004. meanwhile, the federal budget is morbidly obese. instead of going on a diet and hitting the gym. it's wearing stretch pants. the supply siders are right and the economic boost from the corporate tax cut alone brings in more money which they will spends. of course, that will lead to even more problems. so glad you are here. i'm kennedy.

after gop leaders released their plan this morning, president trump said the thanks plan was an early gift from santa. president trump: we'll have it done before christmas. i consider that to be one of the great christmas presents. not just reform and not just the tax cuts. but we'll be creating jobs like you have rarely seen in this country. kennedy: i love money and jobs. should americans be more excited for the holidays or is this secretly a lump of coal? brian brenberg is here to break it down. how excited are you for the tax plan? >> there are some parts i'm excited about and some parts i think they got wrong. but i love the corporate thanks rates. that's the stuff that works well.

brit it down from 35 to 20. kennedy: explain, what does that do? >> you put money in the hand of government or job-creating businesses. it gives an incentive to do it here instead of overseas. i'm a free trade guy but i like the idea of investing in businesses here. give businesses a reason to come back. that's what a lower corporate thanks rate does. the best thing this thanks plan does for the middle class is cut the corporate tax cut. it's a small business thanks cut as well. bringing that down to 25%. kennedy: that's that pass-through rate where individual who have the sole proprietorship count some of that on their personal income thanks. now that that rate is lower, what does that do?

>> it end up in government's hand where you know it will be wasted. or it end up in job creators hands. those two pieces alone are doing. the third thing is they made the good decision to not do a soup it thing and that is get rid of the 401k thanks break. kennedy: that was a sticking point for a lot of republicans. >> how ridiculous to do that in a world where social security is going to run out of money. no way. so they were smart not to get rid of that. those are the three things i like in the plan. there are a couple things i don't like. they won't cut the top rate for earners. kennedy: that's because they are worried about the pushback from democrats which it doesn't matter. the way this bill reads they are able to go through the reconciliation process. they don't need democratic

votes. >> they have given up on this debate. it's rich against poor, that's the democratic argument. republicans say you are right, we'll leave that top rate in place. all thanks conversations we have from here on out will be dictated by progressive tax rate terms. that's a loss for the american people. it's not about the rich. it's about unlocking the capital. kennedy: you automatically have more tax receipts when businesses are making more money. >> you generate for tax revenue. cutting these top rates can make sense. i also don't like the fact that there are a lot of carve-outs in this thanks plan. we were told we are going to get simplification. but there is all sorts of coffer-outs for property taxes, more mort gaining interest deductions, you are seeing that being played with.

if you got your mortgage before a certain date you get your deduction, if you got it after a certain date you don't get the deduction. a broad based simple taxes. i know what i keep and what i have to give to the government. lawyers and accountants will have no shortage of work because of this plan. last problem here is how do you pay for it all? i am a growth guy, no argument with that. it's not going to pay for itself. we have a budget deficit problem this country that will lead to a big debt problem. >> you have to cut spending, it won't do that. kennedy: you are a college professor, if this bill were a paper one of your students gave, what grade would you give it? >> i give it a b plus. a b plus is worth doing. it passes.

kennedy: brian brenberg, thank you very much. speaker of the house paul ryan framed it as a revolution of sorts. >> this is a very important and special moment for our country and all americans. are we going to let the defenders of the status quo continue down this downward spiral or realize the promise of our country? are we going to retightallize the american idea. chuck schumer wasn't so hot on the long awaited legislation. what a surprise, chuck. >> our tax code is snranltsd favor of the rich and powerful and the republican plan makes it only worse. the republican tax plan would it two thumbs down on a scale already tipped towards the wealthy and powerful. wouldn't create jobs or raise wages. kennedy: i swear he lives there. maybe he changes suits every few days. all day and night in front of

that microphone. who's really on the money. let's go to my party panel. a former state department spokesperson, marie harf is here. from "the greg gutfeld show," kat timpf, and chris barron. i have a feeling you like this. chris: i do, but i don't love it. it's good. a cut in the corporate tax rate is great. i'm more of a fundamental tax reform guy. i'm a fair tax kinds of guy. i think we are still playing around the edges. the white house has to stop sending all this stuff to congress to have them couple with the details. the people in 2016 voted for massive change. kennedy: this isn't massive.

>> anything you are going to let congress craft won't be massive change. kennedy: the president says it's morning in america to bror oh a phrase from ronald reagan. does does that inspire you? categorcat. kat: no, who likes the morning. it's really not for the government to say what is a better way for me to spend my money. main's better for me to spend my money on beer and pizza and not a house. they don't know me at all. kennedy: so marie, i know that freedom perk late within your

glorious soul. do you embrace freedom or your fellow democrats who already don't like it. >> there are some thinks i like by the and some things i don't. it's not the huge tax reform idea donald trump ran on and talked about the last couple months. it's also not a political slam dunk. you have blocks of republicans saying they are not going to support it because of the state and local issues in new york and new jersey. the democrats keep spending all of that money knowing that most of people in the state will be able to write that off. >> but in terms of the politics of getting this through first the house, then the senate, even if you are able to do it with only 50, there is a slim republican majority, you have people like jeff flake and bob corker. not a lot of loyalty, but they do like lower taxes and want to

bring down the corporate thanks rate. it looks like hillary clinton was in it with the dnc. remember when bernie and his supporters complained the democratic establishment favoring hillary clinton in the 2015 primaries? you might want to sit down for this. it was according to former dnc chair donna brazile who claims the system was rigged for hillary. she took over after debbie wasserman-schultz resigned in 2016. she writes the democratic party was broke and neglected after barack obama's election. in exchange for paying count party's debts, hillary clinton was handed control over all the money raised. she says even though it's not illegal, it was unethical.

if you are a bernie sanders supporter today what are you have thinking after you have read that? >> everything they says during the primary, they have been proven correct. they act like the bernie folks were tinfoil hat wearers. what's crazy about this is donna brazile deciding to do this now. they know hillary clinton is a loser. they want her to wonder back off into the woods. kennedy: there are plenty of republicans who would love to see her run again. hillary came out on her book tour and after blaming james comey and the russians, she blamed the dnc category rrp she blamed the -- kat: she blamed the dnc but she ran the dnc. kennedy: maybe she could get a

cute tub where you walk inside and it girls up. i love those things. >> this is not why bernie sanders lost the primary. the joint funding agreement hillary had with the dnc, bernie sanders also had one. but he didn't do anything with it. kennedy: politico said it was a money laundering organization. laundering money through the local dnc channels. >> if he had won the primary care and square, he would have had access to that money. kennedy: that's not true. she didn't get the nomination until summer of 2016. in 2015 she was control hog was hired, how they were running it and how it was being spent. and they were giving 10 times as much to the dnc.

>> democrats are talking about how russia rigged an election on absolutely nothing. the election was rigged for hillary clinton. she has an agreement with the dnc where she has veto power over their strategy. >> you are saying the democratic primary voters blindsly voted for her. >> they think we were swayed by an ad that was drawn by putin. kennedy: hillary was taking 95% of those proceeds. hillary, not bernie. [all talking at once] >> bernie sanders has never been

a democrat in his life and he still isn't. for his supporters to say this is why he lost, it's not why bernie lost and it's not why hillary lost. kennedylost.if more people voted for him, he's the run moving on and saying we need to focus on the present and hillary is not. >> this is not reason democrats did not win in 2016. kennedy: interesting historical conversation. >> it's iting but it's not that important. kennedy: you say it's not that important. but it is to bernie supporters who are hoping their guy gets another crack. this is wonderful when the party panel returns a little bit

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kennedy: president trump tweeted, nyc terrorist was happy in his hospital room as he asked to hang an isis flag. he started a policy debate on immigration. how is the president handling this tragedy and could he be making the case more difficult for prosecutors? let me ask dana perino. the president did a couple things in the wake of the tragedy that were questionable. calling our criminal justice system a joke. >> he said it while he was

sitting across from the attorney general of the united states. actually i think we have the best system. i think he was expressing a human instinct which is to be frustrated that we have a system where you have somebody who can come in on a diversity visa, having the benefit of living in the united states. we paul point because we were born in america. you get that diversity visa, you are in. but to find out you hate america so much you want to kill innocent civilians. when he talks about the death penalty he's getting criticism for that, too, because you have the commander-in-chief, the chief law enforcer of the land putting his thumb on the scale pretty heavily for punishment ken are it not a big deal, but

unfortunately this person's defense attorney says fit goes through the criminal justice system, the president can do more than weigh in with his opinion. that's why it's problematic. he also has pardon power. he can have a direct effect on the criminal just is system. although he may not be impartial and he's saying exactly what most of people think. >> that's true. the thing that's great about these terrorism cases. when we have to have them. new york city prosecutors win them. the president should take some comfort in that. the president is being criticized for his suggestion the terrorists go to gitmo. and now he's being criticized the by lindsey graham. the law is on this suspect's side. he's a legal resident of the united states. we can go through all the

shenanigans, and guess what in the supreme court already said that can't happen. so basically you are wasting time by doing all that. he's reacting on instinct, that's what he does, it gets a little messy, but i won't actually affect this case. kennedy: and i don't think it will affect his standing long term. what should the president do going forward? >> express confidence in the judicial system. thank the u.s. attorney saying what do you need, i will help you. but then he should ask the new york police department, the fbi, and then new jersey. what more do you need. we know we have a problem in new jersey. the nypd has done a great job. >> and that's not their

jurisdiction. >> remember the big fight that happened when the nypd was listening in. the a.p. got a pulitzer prize for exposing that. that's possibly what could happen. kennedy: perhaps there needs to be better communication within law enforcement so these things stop happening. very good. coming up. conservative speaker ben shapiro joins me to discuss his campus free speech victory at our shared alma matre. president trump takes off for asia tomorrow. will his unconventional tile ruffle feathers? ruffle feathers? gordon chang ♪ at lincoln financial, we get there are some responsibilities of love you gotta do on your own. and some you shouldn't have to shoulder alone.

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kennedy: president trump takes off for his trip to say shah tomorrow. looming over the trip will be north korea's continued nuclear threats. the president will be working to create a united front against the rogue nation. the white house launched a sweeping trade investigation of chinese policies that could spark a trade war between the

world's two biggest economics. on top of that trump a aides reportedly worried the president's brash tile could offend the asian countries. gordon, what message does the president have to send to north korea and how should he send it on this tour? >> i think he needs to say to kim jong-un, we are going to cut off your money flows and from other nations as well so you won't have the moneys for nukes, missiles. that's giving rolexs and mercedes to senior regime elements. if trump can do that he can push kim in a better direction. kennedy: how perilous is our relationship with china right now? is it better than it seems?

are media outlets fanning the flames of discontent between the two countries? >> i think we are at a point where some hard decisions are going to be made by the trump administration and the chinese. xi jinping is coming off a 19th national party congress where he consolidated his position. i think trump will say to xi, you now have all the power you need, you don't have any excuses, you have got to help us. i don't think xi has a good answer to that. this will be where the rubber meets the road. kennedy: on the positive side there is a deal to be made potentially replacing tpp. should the president craft a trade plan that encompasses a bunch of countries or should the united states be making freer trade pacs with some of these he

morning countries. >> the trump administration said they would do bilateral deals. what we are doing is using our leverage. we are a much bigger economy than anybody else. that will work to the advantage of american workers and businesses. kennedy: what message was china sending to north korea today directly? >> the chinese i think are saying to the north koreans we have your back. there have been a series of warn messages. the north koreans were quite up to the runup to the 19th party congress. they knew the chinese controlled them so they won't do anything provocative. that's a message at the chinese control pyongyang. kennedy: earlier in the show we discussed combating terrorism.

the federation of american scientists obtained the defense departments cost of war report. taxpayers have spent $1.6 trillion on wars abroad for 16 years. attacks like the one in new york city show despite all the spending, americans are still at risk. so is it worth it? do we need to rethink our strategy in this regard? that's a lot of money for a low yield. >> absolutely. if you want 1.4 tria 6 trillion reasons why trump's policies are better than obama's.

they are tired of the amount of money we have wasted in this foreign adventurism. kennedy: people look at price tags like this. and it's shocking the amount of money that we spent. >> we need to keep throwing money at this problem and eventually it will go away. >> i realize they weren't joke. this is a ridiculous amount of money for no reason. we are not any safer and all we do is get more and more involved. kennedy: your gal, hillary clinton, she was very hawkish. she wanted a continuation of the bush doctrine that chris is referring to. >> i think we have to separate a few things out. after 9/11 it was in our national security interest to go

into afghanistan and go after the networks that attacked us. usama bin laden and his deputies were continuing to plan. we have to take the fight to them before they can bring it to us. compare that with iraq. it created a ton of terrorists in iraq after the collapse of the saddam hussein regime. and today we have isis in libya. the american lives, those killed in action and people coming back with ptsd, we as a country are degree to be dealing with this for decade. kennedy: and the va was so grossly mismanaged. and the fact that we are still wounding and killing american soldiers and civilians in indiscriminate drone attacks. we need a change in if i loss i in this country.

>> there are people plotting today to attack the united states. if we can take the fight to them -- >> we are still there. i would also say we haven't seen a large scale 9/11-style attack inside the u.s. we don't see the terror plots that have been foiled. kat: it seems to be like a pipe dream to get out. we need to start changing the conversation and make that the goal. kennedy: always good to have different points of view. no one had even heard of george papadopoulos until last monday. details emerging.

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kennedy: who is george papadopoulos? according to a new report's an unremarkable nobody who boast and b.s.'d his way into a role

as a trump national security advisor. the daily beast * investigated who he is. * they called his college professors and what they found was a below average students with few friends who used self promotion to wiggle his way into the biggest scandal in a generation. joining me, the anchor of a new show on fox news. shannon bream. when we learned monday about the indictment of paul manafort and rick gates we also learned about a plea deal for george papadopoulos, a campaign operative no one heard of. >> i don't think the timing on any of this is coincidental. the indictments didn't connect

manafort and gates to any collusion between russia and the trump campaign. it was allegedly bad stuff they have did with wire fraud and hiding mommy. mom -- hiding money. the same day we find out about papadopoulos who had been arrested in july. we heard nothing about him. authorities didn't want his arrest and the investigation to go public base was a proactive cooperator. what was he doing in all those months in between it's a signal from the special counsel's stostles we are very much on that track. but the way to describe him, i try not to chuckle. he's facing flying authorities is not a good thing. but here in washington there are a lot of people authorize complete wannabe bsers who talk

themselves you have. they show you have in meeting and show up on k street and do whatever they need to do to weasle their way in. he's the linchpin in this collusion story depends on which side of the aisle you are on. kennedy: sarah huckabee-sanders said he was a volunteer. he went to one meeting one time. but if you have listen to people on the other side he was somehow the architect of the president's entire foreign policy it's hard to finds truth somewhere in the middle. it's curious how general michael flynn seemed to have stepped tonight on several overcation. you have to wonder. is it ineptitude or a brilliant, evil scheme. >> this is a three star general. you don't get there by being a gullible, naive person who can't put together strategy.

we finds out he has russian control accounts. or did he just like the messages they were sending. were noles just good messages he liked to tree tweet? there are millions of twitter accounts out there. how was he so focused on these? kennedy: they probably targeted him, and older people are lazy when it comes to social media and they don't necessarily have the kind of savvy we are giving general flynn credit for. but he could be in real trouble. and i don't want anyone to miss your interview with treasury secretary steve mnuchin. it's on the new "fox news at night" at 11:00 p.m. eastern. night" at 11:00 p.m. eastern. kennedy: and south carolina

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ken report world series was easily one of the biggest feel-good stories in sports history. sure there could only be one winner. but at the end of the day houston and los angeles showed

they could bounce back from a disaster named harvey. this is the "topical storm." topic number of one. we begin in south carolina where one dog was on the fence about the world series until the fence was on him. poor little guy. oh, no. police don't know what caused this fella to get his head stuck in the chain link gate. but they think it has to do with the smell of bacon. they spent two hours trying wiggle his head out of there. video of the panicked pup's escape has been viewed by 2 million people. that's one for every runner the dodgers left on base. topic number two. they are still there.

deer can't read. that's the message the iowa department of transportation passed on to dozens of motorists who contacted the agency why deer crossing signs aren't put in places that would allow the deer see them. but they were put there for humans to see. it's scary that there are people driving in iowa to know this. but it's not like iowa votes in the most of presidential primary. in addition to clearing up the deer confusion. they also explained does not mean there is a baby on a surfboard and men at work signs do not signal an australian band

playing in the area. topic number three. the hottest new coffee brand on the market is called roofy. but it's made exclusively for dogs. it was started by a london business woman who apparently has zero marketing skills. now the internet has a caffeine headache. but who has time to get offended when you have adorable pictures of dogs drinking coffee. of course, like all rooffees you have to be careful around this stuff. topic number four. corona is getting into the

marijuana industry. coronas are largely drunk on caribbean islands where everybody is selling weed except the customs agents who generally sell the stronger stuff. but corona's parent company dedecided to get some of nose green backed for themselves. they believe pot will soon be legal everywhere in the u.s. so they are investing $191 million in a canadian pot growing company. liquid pot is expected to go on sale in canada next year. they changed their slogan from finds your beach to find your funion. finds your emails. what happened? it never gets old. never. topic number five. when things like #nypdstrong

start trending on twitter, i think it can be a force for greatness. thin checked my inbox. this is viewer mail. byron writes, kennedy, go to sleep, go take your name back to the 18 century. gary tweets, kennedynation, you are smart like a cat and loyal like a dog. with my neck stuck in a fence. you seemed so cool on mtv, was that just a persona? joanne breaks it down, kennedy, just shut up. joanne, you sound drunk and i'm

not going to shut up. i have your number and i'm going to call you every day on the hour and just start talking like chuck schumer at the lectern. did free speech score a victory at the university of california campus? ben shapiro is next. before i had the shooting, burning of diabetic nerve pain these feet... liked to style my dog as a kid... and were pumped to open my own salon.

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kennedy: freedom of speech. the big wigs at my alma matre ucla have relenltsd and show the will go on. the speaker also a ucla alum. the administration tried to use a dumb rule to force the group hosting the speech to 35eu pay for security. now the university has reversed its decision. ben shapiro, welcome. he's also the editor in chief daily wire. you create more controversy with your speeches when you go to various schools. i don't understand why, you are pretty mild mannered and logical. what are you saying to these

kids? >> apparently the message you are in charge your own life and should be responsible for your decisions is controversial in places like ucla. they are trying to create a security situation to make the college republicans pay through the nose. they had an old rule that 70% of the people have to be student or they increase the fees. they try to apply for the college republicans. the lawyers got involved and said the guy looks like unpermitted restrictions. >> what they are trying to do is come up with obscure ways of blocking speakers who for some reason are political dynamite. it's funny because of the white supremacists and the bomb throwers who go and talk on campus. i find your speeches to be the

least offensive of all. you have taken on the alt-right. >> i hate the alt-right. they are evil. they targeted mier last week. they are terrible people. the idea that i'm going to spend any time doing the provocateur alt-right stuff is wrong. i have spent the last year being targeted by the alt-right because i despise them so much. kennedy: how will this escapade affect your speech? >> it doesn't affect the speech. but i usually call out administrators when they do these things. it seems like administrators have a tendency to reach for the rule book any time they see somebody they don't particularly like. ben shapiro. thank you. thank you for watching the show tonight. you can follow me on twitter and

instagram. email kennedyfbn@foxbusiness.com. you go have a great night. i'll see you on outnumbered. good night. >> his dream? big as a t-rex. >> when everybody else told him he was crazy, he just said, "no, i'm gonna build dinosaurs." >> his creation? a land before time. >> he was almost an engineer when it came to dinosaurs. >> can it survive without him? >> a lot of attractions that were the vision of a single person, all of a sudden they're gone, demolished. >> depends on his daughter... >> when you have an absolute passion, you think that other people feel the same way you do. >> his granddaughter... >> are you living on the edge, kiki, to make this all happen? >> a little bit. >> and his great-granddaughter. >> has your mom ever said, "we need to talk about the future of the park"? >> never. [ door creaks ] [ wind howls ]