to new adventures. -oh. mwah. -planned... -and unplanned. -surprise! -they lead to goals. -for you, mama. and connect us to family. i didn't get the part. your dedicated fidelity advisor can help you open those doors. but i did get waiter number 2. because they know you. they can help you create a comprehensive plan for your full financial picture and personalized money management with the right balance of risk and reward. doors were meant to be opened. larry: happy birthday adam smith, and premarket capitalism and life, liberty and the pursuit of happiness. david asman in for liz mcdonald. david: we start with an example of political projection. here is former president barack

obama * accusing the republican party elitism. >> what you don't see is the republican party embracing -- they still have have much an elitest. >> they have their old economic agenda. >> with a cultural overlay. david: a "wall street journal" study showing the number of house republicans receiving 30% or more of their campaign contributions from the corporate tax was down to 19% in the 2022 election cycle. the democrats are doing a lot of elitest money raising on their own. joining me, grover norquist and steve forbes. thank you for being here. i want to zero in. i am going to get personal with regard to the president of the

united states. he and his wife have done a little bit of maneuvering, shall we say, in terms of the way they arrange their taxes. some people would call them tax dodges. the "wall street journal" did. they avoided paying $500,000 worth of taxes on income. using this tax dodge president biden wanted to get rid of. here is the current president of the united states take advantage of this. what do you think of this. >> it goes to so laws for some, laws for others. they live very well, and biden used the -- the s-corp dodge where he didn't have to pay the medicare tax. so yes, the former senator

edwards, the presidential candidate. john kerry used the same kinds of dodge. david: they have spent years creating, president biden has, creating tax dodges that he and other millionaires take advantage of, and well-placed corporations are able to take advantage of that small business people can't. that may be one of the reasons why democrats are getting more corporate help with the pacs than republicans are. >> elitism isn't simply cheating on the rules and making a little extra money. but telling people what to do. the modern democratic party wants to tell parents what school their kids will go to.

and what their children will learn. they will tell you what kinds of showerheads you can have, how you cook your food at home. them micromanage what kinds of stove you have. all the americans had to say no to what kinds of stove you can have the rest of your life. the list of things the elites wants to tell everybody to do that biden and obama want to mandate on everybody else is endless and it's a joke for them to turn around and blame people who simply want to be independent contractors. they say no you can't do that, you have to have a boss. >> they also paid -- they made $610,000 in 2021, that's how much they made. they paid in federal tax on

$610,000, 24.6%. that's joe biden's fair share. but the top rate is much higher than that. i paid into the 30s in terms of my federal taxes. why not use his fair share for the country's? >> because he's working for us. so it's extra compensation. it's pure hypocrisy. i hope. >> republican candidate advocates the flat tax. clean out the code. if you make it, you pay the. and using your time and energy for something productive. we spend 100 billion hours come lying about the tax code. imagine if those resources had gone for new products, medical

device and cures for diseases instead of coping with this monstrosity. david: it reminds me what happened in california where the folks making all these rules during the pandemic, they violated the rules they had for everybody else. joe biden thinks 34% is not enough to pay in taxes. you have to pay 39%. but he's paying 24% in taxes. >> you have to impose them on other people. the flat tax that was raised. there are 19 states that have a flat tax so we know it works. there are probably another 10 states in the next 10 years that will add to that. most states will have a single rate tax. why not at the federal level. >> trump did level -- he didn't go for the full flat tax which

was a mistake, i think. everybody pays whatever it is, 19%. you deduct the first 0, -- the first 20,000 or 30,000. >> everybody gets a tax cut. david: what we did see when trump lowered the top tax rates, the people who benefited the most were the blue collar workers because they were paying less as well. a lot of people at the top rates ended up you paying more because they got out of their tax dodges and realized they could make some real money with the money they invested. >> when you lower tax rates, guess who end up paying more. when he came in, the top 1% were paying the top 1% of federal income taxes. you cut more, you want to collect from the rich? have a more prosperous economy

and end up paying more. >> we know that the inflation tax killed people's wages. and the people who suffered most from that were the middle class. and they are still under water even though inflation has come down. >> all the energy taxes they put on hit everybody. this will only tax the rich people is the lie that clinton told, that biden told, that obama told, and everyone of them went after energy prices as soon as they got in on everybody. >> first to you, steve, who is more elitest in this equation. the democrats were calling out elitest to the republicans. >> you said in the beginning, it's projection. they know better than we do. david: will the american voters see through their cries of elite up? >> i think they see it, that's

why obama came out and lied. obama and his party are the elites in this country and that's what's making people angry. david: turning to secretary of state antony blinken on his way to china to meet with officials. edyard lawrence is at the white house with the latest on this. reporter: images of the meetings today in china with bill gates and images for the meeting with antony blinken. president xi is calling bill gates an oldfriend to china. >> i'm very honored to have this meeting. we'll have great conversations and important topics to discuss today. reporter: the chinese vague

about who secretary blinken will meet. >> what we are look to do is carry forward what president biden and president xi agreed to in bali last year, which was to establish sustained regular lines of communication at senior levels across our governments so we can make sure we are communicating as clearly as possible to avoid as best possible misunderstandings and miscommunications. >> we all saw the spy balloon. microsoft announced the hack of military equipment. the lawmakers say china is taking $600 billion out of the u.s. economy by stealing from the economy. >> not just cozying up to the chinese, but their capitulation

in handing over intellectual property. we are feeding the wolf who wants to eat us. reporter: china tests the united states on all fronts. david: joining myself former deputy national security advisor, kt mcfarland. you have pictures of bill gates glad-handing with president xi and antony blinken who was kind of the poster boy for things that you shouldn't do with the chinese when you are in the private sector, taking the millions of dollars from penn-biden from the university of pennsylvania. are these the right guys to be going to china to talk tough? >> they are not going to talk tough.

biden might as well wear a t-shirt that says "kick me." they are going to humiliate and insult him. in alaska the chinese leaders lectured the americans. instead of getting up and walking out, the american leaders, blinken and others sat there and took it. what have the chinese done in the last couple weeks and month. they contract both sides of the man ma canal. they are blockading naval vessels in the taiwan strait causing the americans to divert. they are stealing intellectual propertyn to the tune of trillions of dollars a year. they are sending a spy balloon over the united states, all those things add up. and to make it even worse when our secretary of state and their foreign minister had a phone call last week to talk about the

meeting, i have been doing diplomacy with china since the 1970s, the readout that's always given after those phone calls is an exchange of ideas. what do the chinese do? they lecture the united states again saying all the terrible things america did. they are saying if you want to come here we'll receive you but totally humiliate you. maybe he doesn't care about being humiliated okay. but the rest of the world cares. david: it's almost like they are looking for the point of pushbacks from the united states. and no matter how they test us, they are not getting it. congressman gallagher spoke of this with maria. roll the tape. >> the more the administration is trying to get to the

negotiating table the more escalating chinese behavior has become because they know they can get away with it. david: the question is how. that will be on maria's show tonight, the full interview. how do you pushback with the chinese? what do you do that will cost the least amount of pain for america. >> the chinese want to take the lead in the serious technologies of the future. we need to invest in american technology. we need to make sure the inventions and the discoveries we have -- we absolutely don't cut back on the defense budget which is what biden is doing. with inflation we aren't having a lower defense budget, even then the money spent, a lot of it is going to ukraine and it's not going to asia where the real threat is.

they are all getting shoved around by the chinese. they need american leadership. it's great to have a couple of meetings. but what we need in asia with our like-minded asian allies is a security agreement, a mutual security agreement and also a trade agreement with each other. david: do we have the military might to do that? we lost a lot of momentum we were making under the trump administration in terms of rebuilding the military. it's a negative growth rate in terms of inflation. if we have the military power with which to threaten them enough that we wouldn't do things like go after taiwan, et cetera. >> i worked for ronald reagan in 1980, and we turned round a bad situation. >> i know we did that, but we

started by turning the american economy around. right now the american economy is just coasting if not going down. >> turn the economy on and absolutely stop the war on american fossil fuels. it's not only harmful to our country and our economy, but it's harmful to our national security. you could turn all these things around with a different president starting with fixing the american economy. david: thank you, kt. hunter biden's associate devin archer talks to dish about the bribe from ukraine. how rfk, jr. may be able to beat biden in the caucus for the

nomination. >> what i would tell him is, stop use footing around. are you going to throw your hat in the ring and challenge joe? are you going to get in and do it or are you going to just sit on the sidelines and chirp. i'm saving with liberty mutual, mom. they customize your car insurance so you only pay for what you need. you could save $700 dollars just by switching. ooooh, let me put a reminder on my phone. on the top of the pile! oh. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ tourists tourists that turn into scientists. tourists photographing thousands of miles of remote coral reefs. that can be analyzed by ai in real time. ♪ so researchers can identify which areas are at risk.

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david: florida governor ron desantis daring gavin newsom to get into the race. newsome told sean hannity he's willing to debate ron desantis. >> you are willing to do a two-hour debate. >> i would do three. with no notes. i look forward to that. david: i would pay money to see that debate, wouldn't you? >> absolutely. the two have a feud going on. they have been poking at each other and they represent the ideal of state governance. florida for republicans and california for democrats. it would be a real debate about real stuff. david: the wonder of the united states is the states are

microcosms of the country as a whole. so you can experiment with policies in the states whether on homelessness or tax policies and see how they work out. and often they work out nationally as well. the perfect example is to do a side by side comparison how california and florida tax their states. in florida you have a zero tax rate. in california it tops out at 13.3% because they have this 1% tax on the very rich. the sales tax, 6% in florida. perhaps as a result or some could argue as a result of this, the unemployment rate in florida is 2.5%. in california it's 4.5%. florida has a budget surplus of $117 billion while california has a budget deficit of $31.5

billion. it looks like from these figures that florida has a better solution than california does. >> i think there is one other set of numbers that's important. the thousands of people who are moving to florida every week, every month, every year, and the thousands of people leaving california at the same time. florida has a positive net in-migration rate and california has a negative out-ply gracious rate. plus a certain number of lifestyle. and like safety falling apart in parts of california. david: it's not just people moving. it's businesses leaving en masse. if you look at the various

numbers of businesses that moved out, it's clear they are having a problem there. which means their tax levels are going down and their deficit will explode. unlike the federal government they can't print money. >> just today in a new interview, governor newsom is trying to cover over what's happening in san francisco. suggesting businesses aren't really leaving because of crime and public disorder and suggesting san francisco is really just reinventing itself after the pandemic in the way san francisco has done many times in the past like it's all normal. this is exactly the opposite of what people living in san francisco are experiencing. david: let's talk about a possible contender for the democratic nomination even if president biden doesn't run.

that's rfk, jr. there are signs he could win the first couple of primaries. what do you think about that? is rfk really have a chance to unseat biden at the democratic convention? >> there are a couple of things to remember. we have a lot of polls showing a big majority of american voters and democrats would refer someone else, someone other than joe biden to be either 2024 democratic nominee. if you look at the real clear politics average of polls, rfk, jr. is polling at 17%. you get marianne williamson in there and you have close to a quarter. do they want rfq, jr. to be president of the united states? i don't think so.

it's a measurement of people standing up and yelling they want another choice than joe biden and so far the system is not giving them that choice. david: san francisco mayor london bree defends drug users. all that's coming up on the evenings edit next. ying vapes to quit smoking might feel like progress, but with 3x more nicotine than a pack of cigarettes - vapes increase cravings - trapping you in an endless craving loop. nicorette reduces cravings until they're gone for good. (lighthearted music) - "best thing i've ever done." that's what freddie told me. - a person like me needed to get a reverse mortgage to change my life. it was the best thing i've ever done. - really? - yes, without doubt! - [tom selleck] joanne said just about the same thing.

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big guy. >> why would you asked such a dumb question? david: a lot of americans don't think that's a dumb question and are growing tired of the white house dodging this. this stonewalling isn't helping biden in the polls. is he going to have to answer these questions at some point? >> i hope so. i mean, i guess it would be worse for him in the polls if he fessed up to what he knows in his involvement in the family influence peddling scheme. there are not many journalists apart from the "new york post" and fox news willing to ask him those questions. no one gets any questions in the regular press conference when occasionally he does it. it's just shouted questions in a

corridor as he walks past and he laughs and never treats them seriously or disparages the questioner. i think it's beyond time that joe biden came clean because if there is nothing to these allegations, then surely it seems his best interests and his family's best interests to tell the american people what went on. david: representative comer thinks there are serious questions and bank records that tell a very different story from what biden has been saying so far. i'm just wondering if you think that devon archer, the former associate of the bidens is going to talk. first he got a subpoena i believe monday from representative comer, then they have been discussing the situation with him. does it appear to you he may be ready to turn over? >> yes, for sure.

he's going to cooperate, and do whatever he can to help the oversight committee. devon archer was hunter biden's best friend in business throughout the ukraine deals and being on the board of burisma, they were both on that together, and also through the early chinese deals. he has a lot of information that will be very useful, and he knows about joe biden's involvement in meetings various business partners and talking to them on the phone. i don't think it's going to be any smoking gun. joe biden has been playing this game for 50 years, the first days as a senator from delaware. he doesn't say anything that is incriminating that could be recorded unless he has made a mistake. he's a master at delaware way,

you scratch my back, i will scratch yours. he keeps conversations at a high level. he always has plausible deniability. i think it will be difficult to find an actual smoking gun. david: however, there are bank records that comer seems to be getting to the heart of. the money that came into all of these trusts and various bank accounts. there is a correspondence with the money coming in just happening after vice president biden took precipitations to various countries like romania. >> there is clear evidence of influence peddling and money coming in for potential favors. there is some evidence of favors in ukraine. quid pro quo in the firing of the prosecutor general there investigating burisma. so all of that, there is

circumstantial evidence, certainly. but i think james coral said himself that there are not enough laws around influence peddling. david: the shell corporations that took in all the money. were they anything other than collectors and distributors of the money that came in? >> no. it was really like a money laundering and funneling operation. there was some real estate bought for one of the russian oligarchs. but that was some way that person laundering their money. david: miranda devine. keep up the good work. new evidence of student success. a nationwide stanford study showing huge learning gains with charter schools over union schools.

retired nypd director. that's all next coming on evening edit. >> here we question, another white man talking about black and brown people like you are the savior of those people and you speak for them. t pretty. it's the moment when you realize that a good day... is about to become a bad one. but then, i remembered that the world is so much bigger than that, with trelegy. because one dose a day helps keep my asthma symptoms under control. and with 3 medicines in 1 inhaler, trelegy helps improve lung function so i can breathe easier for a full 24 hours. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy contains a medicine that increases risk of hospitalizations and death from asthma problems when used alone. when this medicine is used with an inhaled corticosteroid, like in trelegy, there is not

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communities across the country are being affected by the organized crime operations and how they believe california's status as a sanctuary state and soft on crime. crime has ex employed if you compare it to before the pandemic. you have got chicago at 39, 48 where i am in lax which i found very shock. but all the cities you are seeing on the screen there, democratic run where lawmakers and prosecutors have taken the soft on crime approach. it's why people and businesses are leaving. >> that's what's on stake in the election next fall. when i have a high crime area, businesses don't locate there. 2/3 of the jobs created in america today are created by small businesses.

businesses don't go to a high crime area and the businesses that are there are leaving. reporter: it's early in the race, but all have been vocal against that democratic city approach. former president trump said he will beef up police funding. and anti-bail reform in florida. in a liberal place like california, people are fed up with feeling unsafe. david: all over, people are fed up with that. for more on the organized crime operation sweeping the nation. let's talk with norm nwpd inspector paul morrow. these aren't individuals going into a drug store and stealing a couple items. this is an organized crime

problem. it started with these horrible policies that decriminalized from stealing from stores up to $1,000. the organized crime operations say we get 10 people going into 10 different stores a day, we can make $10,000 dollars. >> what a shock that organized crime would move into this sort of enterprise? by what metric do these democrat-run city mayors and district attorneys, by what metric do they think the current approach is working? we can talk numbers. i see more empty store fronts walking around new york city than i ever did before. over the last 10-15 years, new york city saw new businesses,

new restaurants. those were jobs. those are jobs for people of color. people who live here. when you decide that any enforcement is institution alley racist, who are the people who suffer. people lose their jobs. >> businesses are trying to wait it out. they bought into it, they invested their whole lives into these businesses. how long will they have to wait. some cities are beginning to wake up. how long do you think we'll have to wait in new york or chicago or l.a. before it bottoms out. >> i would like to be an optimist but i have to be a realist. one of the departing in new york, instead of reforming the prisoners from rikers island,

they will be based in bureau * u areo -- in borough jails. david: even liberal mayors and city council members are wake up. we saw london breed, the mayor of san francisco, i think we have that sound bite. she was going after a city councilmember who is sticking by the radical soros-type policies. >> will you follow your own department of public health advice and end punitive policies specifically arresting and incarcerating drug users that increase fatal overdoses or will you ramp up these strategies, ignoring the advice of public health experts and causing even more overdose deaths.

>> here we go, another white man talking about black and brown people as though you are the savior of those people and you speak for them. david: i love that call. the guy who is speaking calls himself a democratic socialist. he's all for the policies where you should be allowed to sell drugs on the streets. she gave it back to him. does that give you any encouragement that things might change? >> she is right on target. by claiming the entire system is institutionally racist allows you to say any enforcement is racist. he's trying to get to the left of her on that issue. as a black woman she can hit him back. we need more of that, but i don't see that much of that sort of thing. san francisco has so bottomed out i think they are starting to

wage. let's just hope there will be something left to build on. progressivism is the parasite that kills the host. that's what we are seeing. david: new evidence of student success. a nationwide stanford study showing huge learning gains of charter schools over union schools. first let's check in with dagen and sean. >> we have the rnc chairwoman ronna mcdaniels joining us. dagen mcdowell along with brian kilmeade. he graces us with his presence. i am sure the biden family will come up.

starting a new chapter can be the most thrilling thing in the world. there's an abundance of reasons to get started. how far we take an idea is a question of willpower. because progress... is a matter of character.

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david: the school choice movement is gaining momentum nationwide. a new study from stanford show charter schools produce superior gains despite recruiting a more. it's stanford university.

2 million charter school students in 29 states were compared with a control group in traditional public schools and they have unbelievable stats about how much better chatter schools are. >> this is more than half our states. 2 million students. the difference is 6 bert in reading and math. when you look at the cities, 75 school days, 15 school weeks, chatter school students are doing better than government school students in 73 days. david: that would add up to an extra year of learning you would get from the charter schools. if you had school choice dan everybody who pays tax got vouchers that would add up to what they pay into the public

school system. they are always talking about equity. this would provide equality of opportunity between the poor folks and rich folks who can send their kids to any school they want. >> if you want a result where everybody is ending up the same, you can bring the black students up rather than dragging down the white kids. in terms of performance that's a big improvement. the minority kids are advancing at the same rate as the white kids. despite systemic racism. david: learning groups are not structural or inevitable. it costs $38,000 to educate a kid in a public school in new york city. do you know how of it costs in a parochial school? $9,400. there is as four fold difference between what a struggling catholic school and their test

scores are better. 100% of the students at the catholic school go on to college where it's 50% in public schools. the same thing in college. you get a pell grantedder. -- pell grant,you decide where. k-12, who how that's a terrible idea. david: new video showing human smugglers using fake fedex trucks to sneak migrants into thmy ne u.s. carolina sports incorporated. a paradise for parents. lomita feed, current caretaker and owner. we did not know anything about the employee retention credit. that is a legitimate tax credit. so innovation refunds has really helped

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>> we human traffickers always are thinking of the ways to outsmart a border patrol in the latest trend, telling themselves a social media influencers pretty reporting that traffickers realizes social media like to company to come ue work migrants and "fox news" casey steel, has more on the latest trend from the border, casey. >> good afternoon according to the numbers, overall margaret encounters have dropped by more than half since title 42 ended last month. when is not ended, cartels, searching for creative ways to evade capture and federal agents recently found to quote fedex delivery vans painted to look

like the real deal near el paso but they were not delivering packages, and said they work with migrants and all chameleons 26 were apprehended as we go for smugglers pretty will further east, over in eagle pass, part of the del rio sector, the rio grande river, continues to be a busy spot for people swimming across. in order to help prevent that, texas is installing a new buoy system just being deployed first in their and in eagle pass under operation start at $1 million is a price tag for about 1000 feet which could be moved around to creating voting barrier in the river. >> these are about 4 feet in the can be 6 feet of any on the water they can be different rights in their actually been used overseas from rain barriers to be able to two projected. casey: good troopers continue to look at and work alongside good wages national guard of the tells high-speed chases like this, and kenny county are still commonplace. this one recently involve the driver from houston who crash

and build, and then he and the to field legal migrants, that he was allegedly smuggling, were eventually apprehended. dps forces also arrested, confirmed ms 13, gang member in recent days in a honduran with a lengthy rap sheet, previously been deported from the u.s. he was found hidden inside of a rain hauler on a train some of them for the country's interior. and cdp said that for the current fiscal year, they have captured close to 400 known gang members. david. >> casey thank you very much and thank you all for watching and every weekend and i'm in for list mcconnell, and it is time now for "the bottom line" and dagen mcdowell and sean duffy take it away. dagen: thank you david. ♪ ♪ ♪ ♪ dagen: good evening i am dagen