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tv   Kudlow  FOX Business  October 22, 2024 7:00pm-8:00pm EDT

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indeed are two and a half times faster to first hire. visit indeed.com/hire larry: hello, folks. welcome to kudlow, i'm l arry kudlow. so, coming down homestretch, donald trump has the big mo, flipping mcdonald's fries having fun. kamala harris can't figure out what her position is on fracking or a dozen other
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things, we have vivek ramaswamy, waiting in the wings, but first up, fox news peter doocy at white house, what is your position on fracking. reporter: larry, it changes by the day. harris campaign is trying to make official line or were, that fracking is one of those areas there is no daylight between vice president harris and president biden, climate advice rare teal politico pro to be clear, vice president harris has not said anything that administration has not alrey said, she is not promoting expansion, she said they would not ban fracking that anyone could look up i -- that was not something that she promoted. but, she did promote new fracking leases. >> i will not ban fracking, i have not banned fracking as vice president of united states i was the tie break are vote on the inflation reduction act, which opened
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new leases for fracking. reporter: oil and gas association saw that and said, today we learned that kamala harris is october's position she now opposes fracking and no longer supports or july position why she supported fracking. if you find this confusing, you are not alone. that harris staffers walk back on x . reads like this: >> people know, that is her position. reporter: people don't know that is her position, that is why this is a story, vice president says she evolved on certain issues like this. since 2019, but she has not explained why but so say she saw some things while
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traveling at vp to change her minding. larry: her values have not changed. >> same. larry: peter doocy, white house thank you. >> no matter who she says kamala harris energy agenda will p blow inflation sky-high. is kamala harris for fracking or against it? does she want to promote expansion of fracking or not. it is confusing. see maintains her values are the same she not for a fracking ban any more. but as peter reported, a campaign spokesperson yesterday continues to muddy waters, by saying that kamala harris will not promote the expansion of fossil fuels here, are some facts. early in the game, biden-harris administration canceled xl pipeline, then over the course of their term, they closed fracking
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in anwar in alaska. what does that tell you? they closed fracking in nag nagorno- national petroleum reserve in alaska and stopped drilling in new mexico. it took a court decision to open up minimal leasing in the gulf of mexico, and the biden-harris government stopped lng exports, a decision that was energy and economic and foreign policy blunder, oil productions that gone up because of today's high prices and also pro leasing permits made during the trump years. however baker-hughes rig count fallen by half since 1919 tax and regulatory war on fossil fuels has slowly but sure he wiped out smaller and more entrepreneurial producers. meanwhile, big oil companies, like exxon and
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chevron are alike investment managers, returning capital shareholders instead of opening up new drilling, you can't tbraim fl blame them. if kamala wins there will be no new pipelines if you on, pros nuclear it almost luce not matter what you are for or against a fracking ban. base load power over next 50 to 100 years some come from clean burning natural gas and nuclear but biden-harris will block it hand writing on the well, energy dominance or independents will be out the window. our out producing enemies in russia, iran and venezuela will be the winners, electricity prices in particular and inflation in general will once again blow sky-high here at home.
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that is the riff. all right. joining us now, welcome on this subject and others, our great friend vivek ramaswamy. the business man, author of truths, vivek, i don't want to get too hung up, but i'm confused about her position, i'm not confused about fracking but about clean burning fuels like lng, liquid natural gas or nuclear or things they should be promoting but you can never get a straight answer, you are a smart chap, what is her position. >> she doesn't give a frack about it. larry: [ laughter ] >> this is not a campaign about policies, that -- she doesn't. that is hard truth. i say that not just jokingly it getting heart of matter, if we think this election is about policy for kamala harris, we're missing the point her campaign is based on vibe, more specificity
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they have on policies the more they executef sph st strategy the wrong way, they hopefully want to slide through victory at end, m part of of ambiguity they don't want to be tethered on's specific subject. it is part of their strategy, that is why i said that. larry: i am thinking you know, i want to move on to other things. but, it doesn't matter whether she wants a fracking ban or not they stopped pipeline and closed drilling in alaska and new mexico. they want to close everything down in gulf of mexico, it took courts to over up one or two leases. to me, you talk a look at policy, the handwriting is on the wall it will be more intent against fossil fuels it a fracking ban in
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effect. >>ia, part of of county parring am from other side -- part of counter argument is no we're leading up to product shu production, they have done, that depleting straiji strategic petroleum reserves it is lowest level it has been in decades. they are further depleting that as purposefully. they know they can stop that after the election. if they are in business of reforming permitting process for fracking and drilling but also for refineries. whether they have been a big part of a chokehold. that could have a permanent impact on unlocking american energy, they want band-aid appearance to say they could win this election when they don't want to do the thing, one encor encouraging
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thing, fact they claim they do not oppose fracking they are friendly to american fossil fuels shows they recognize this is where the american people are at. americans favor energy dominance, whether you are on lift or right, we want low energy costs and energy security to be a foundation of our national security. the fact 1245 they are bending knee shows they understand that. >> important point. moving along, let's talk about voting if you are a citizen not vote fi voting if you are not a citizen. alabama tried to clean the rolls of noncitizens, justice department is bringing a lawsuit, we had senator tuberville on. virginia like to klei clean the rolls, and justice department brought a laws against them. >> california does not care, we have prop 1 in new york
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permitting noncitizens, illegal immigrants, to vote, you don't have to be a citizen in new york, i guess in ohio your home state there is a similar debate this is a nasty discussion should not be allowed seems to me, is it too were to act ask to be a citizen to vote here? >> it is not out the window, the fact it controversial reveals what the agenda has been, if you go to early 2010s, there were essays from democratic strategies. that said things we need to do for, was to allow for mass migration to affect long lasting victories at ballot box, now they don't talk about it. but one of reasons that democrat favored mass migration, they believe that will help them win elections in a way they couldn't if
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justs i citizens who were born here or not naturalized legal way. that is why you see this resistance. and another symptom of abandon am of rule of law in the united states of america we're a nation founded on rule of law, that is not racist it is not j your first act of entering this country cannot break the law that is part of what means to be an american, people we want votings should be citizens of this country not another one. larry: i don't know watching this debate. you are right about terms, new york state for example, they are pushing hard, for this proposition 1. which would remove citizenship as a qualification for voting, but, watching this how can democrats be so-called democracy party, how can they rail on against fru
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former president trump and republicans being against democrat, when they do whatever they can to sub vert democracy, citizenship has to be a basic voting right. otherwise you are out the window, you can get back in line and become legal as mr. trump has suggested many times, he welcomes legal immigrants but not illegal immigrants. really? how can they expect to get away, calling trump fascist and saying he is against democracy look they are sub verting our constitutional system. >> yes, the hard reality is, that is the same party saying this today. that a year ago, almost, was trying to remove donald trump from the ballot without asking voters for any say. they didn't go through judicial process, you had secretaries of state from colorado, to maine waking up
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on a given day, saying that donald trump does not belong on ballot because we don't want to give voters a chance, that party that talks about our democracy has thrown our democratic norms out. best measure of health of our democracy whether you can say when bluff in public. they are party of censorship, they are opposed to self gov governance. no surprise now, that is not a surprise part of a growing pattern and why you see a growing number of democrats leaving democratic party, saying that party left them that is part of why we have an opportunity to win this eagl election. i want to win this one decisively, like reagan did in 80 or 84 if we do that between new and november 5, i think we wake up on november 6 with a more united country. than we had any other time
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in b between century. larry: good point. i have one more for you. your friend elon musk, talking about whales, sharks, and federal over regulation. >> basics have to do study to see if star ship would hit a shark. and i'm like, that is a big ocean, you know. there are a lot of sharks. it is not impossible, but very unlikely, i think we got the data and we could run an analysis to say shakesharks will be fine, they said what about whales, they will be fine too. you know. it goes on and on, then there is what if the rocket goes underwater then exploding and whales have hearing damage. like it is real?
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larry: you know. pretty get for stand up but, it is very pithy it is a big ocean, but it might hit a shark or a whale or damage a wheel's hearing, what do you think about that? i think that is effective selling points. >> effective it is grounded in truth, elon and i had public exchanged on twitter this is not just one agency in federal government it is fda, nuclear regulatory commission, and epa, sec, god knows what they serve as a strangle hold on the nation, worse part, talking about democracy, none of those bureaucrats were democratically elected, they removedded. that is not a democracy that a bastardization of what america was found osmed it ed oit was founded on self governance.
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i like he approached it with a way of a light touch it goes where we fought an american revolution in 1776, it is that we the people are to make the rules, settled at ballot box not unelected bureaucrats in back walls of washington d.c. that is not the way we to things here. i think we center an historic pune to say we're not just reforming this administrative state. we'll get in there and shut things down, mass firings, we talk about the mass deportations of illegal aliens from the country, i favor, that but we should not forget second mass deportation of millions of unelected federal bureaucrats out of dc, that is a essential part of how we save the nation. you know, from my own campaign through, if i have anything to do with it believe me i'm fully in
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favor of this, that is how you clean house and shut down that administrative state. larry: i think you are know. this element of humor is a great way to begin that process of cleaning house, from im your campaign and p elon musk participation you launch a real beach head with momentum to go after swamp and after over regulation and after over spending in ways that have not penetrated public consciousness in the past but it is now. i think it could be a very big turning of the tide if you will, if mr. trump wins. vivek ramaswamy, thank you so much. as always we appreciate you. >> thank you, great seeing you larry. >> coming up, why is kamala harris telling christian voters they are at the wrong valley? we talk about that with
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elise stefanik, when kudlow returns, remember, you can catch kudlow, monday through friday 4 p.m. here on fox business. for some the reason you can't get us at 4, please text your favorite 9-year-old, she will show you how to tvr the show. you will never miss a single shark or a whale or deregulation, i'm kudlow we'll be right back. starting a business is never easy, but starting it eight months pregnant.. that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs. the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card from chase for business. make more of what's yours.
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>> if you want to know what is at stake for christians in this race, just listen to what kamala harris had to say last week at a campaign stop she heard shouting from the background, jesus is lord. jesus is lord. and kamala harris ridiculed them, mocking them and told them, they were quote, you are at the wrong rally. at trump rally we don't tell christians to get lost, we tell christians to get out and vote. larry: all right more powerful stuff, joining us now new york congress mam elise stefanik.
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in this particular case she told the christians, whoever was shouting he was at the wrong rally, you could generalize saying religion of any kind when you plow the a.m. smith dinner and knights of columbus. and about israel committing genocide, democrats seem to be running again christians and against jews and relimreli religion in general. >> this is a disgrace, kamala harris revealed so much about herself and her vision for america, the fact she said that individual was not welcome, president trump was correct to say we welcome believers and christians, to support this america first movement. and she kamala harris, must not understand our founding principles, we were founded
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to judeo exr christian ethic it is off putting to voters this after you mentioned this her skipping al smith dinner that is great bipartisan dinner practicaly that raises money for catholic charities in my home state of new york, a must-go to, the last candidate who didn't about was walter mondale, president trump knocked it out of park with his spot on jokes and his tone, and the clip you are references, when kamala harris agreed withed radical p pro hamas talking point blaming u.s. blame israel for genocide it was pro hamas, pro terrorist talking points, united states the american people strongly dup support israel. larry: i want to play that tape about genocide charge.
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>> so, -- 19,000 children are dead. >> listen, what he is talking about is -- it is real. so, that is not the subject that i came to discuss today, but it is real. i respect his voice. >> that is pretty staggering. genocide and israel is real, i respect his points, i don't know if they made an attempt to change or modify it or cover it up the way they do. the point is, it is an impossible ridiculous awful bias position. that is the best i can say. >> it is not just bias it is flat out wrong. it is the hamas and h h -- hezbollah terrorists, israel is fighting for its self-defense.
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it is hamas and hezbollah who use civilians as civilian shields, and the united states and our next president must stand strong with iz israel and brick moral leadership and moral clarity to the issues, president trump bridge tyou know what is so tell ago president trump brings it, what is is telling about comments they are off the cuff, we veals so much about who her positions are. no matter how much her campaign has to correct the disgraceful statements, she says she's off the cuff, reveals how radical and out of touch she is. whether it is we respect christians in this e county, i am proud that president trump has so march belimany believers who support his campaign, we stand strongly with israel we need to fire the administration joe biden and kamala harris, who have
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turned their back on israel at their moment important time of need. larry: elise, back to, that a lot of people think that missing al smith dinner was a turning point. ththey think that has given former president trump momentum in the campaign, let's talk politics. you know, if you couple that with the phenomenal thing he did in pennsylvania, showing up in mcdonald's, and dishing out fries, and whatever. with a smile on his face, it just looks like -- we'll talk about this in our political panel, i have you hire here, just seems that bringing wide open. >> i make of it media, mainstream media propped up kamala harris. more the american people are hearing from her the less support she has, i aflee agree that al smith dinner was important. here is why, unlike mainstream media attacks on
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president trump, this was vintage president trump at his best. which is most of the time, he is a great since of humor, a great understanding of culturally where we are as a nation and vast majority of american people, are american first policy they agree with. the fact that kamala harris is so out of touch that they think that skipping a catholic charity dinner will appeal to majority of voters, they thought it would be a l a good political decision that shows how radicalize and far left today's democratic party. and mcdonald's visit. this is a home run for president trump. this is why he appeals to hard working men and women. he knocked it out of the park it was brilliant, we'll continue to work on behalf of trump campaign, earning the vote. in the key states but across the nation and politically, i think that house congressional races, which i'm paying a lot of attention to, kamala harris is underperforming where joe biden was in 2020 in every
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house race. that bodes well to win presidency, but also gain/8 in house, flip senate. larry: good luck -- elise stefanik appreciate it. >> on cud kudlow just deep fry kamala a campaign, brooke rollins and mark simone and joe concha will be here next. >> , cud kudlow is available as a podcast every weekday after the show on spotify and apple and fox business. you can french fry them up, we' we'll be right back. ay l (fisher investments) we're a fiduciary, obligated to act in our client'' best interest. (fisher investments) so we don't sell any commission-based products. (other money manager) then how do you make money? (fisher investments) we have a simple management fee, structured so we do better when our clients do better.
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hand, nice and full. i could do this all day. i wouldn't mind this job, i like this job, i might come back. >> i have worked at mcdonald's for 15 minutes more than kamala. larry: and still now body can prove that kamala ever worked at a mcdonald's. they have looked at records. joining us now. brooke rollins, president and ceo of america first policy institute, mark simone. and joe concha fox news contributor and author of progressively worse. brooky welcome to you. nobody likes to eat mcdonald's as much as our former boss does. we know that. mark simon and others, i put question to elise stefanik, a smart woman this al smith dinner not going to the dinner in new york now
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mcdonald's. these could be major turning points for the campaign, all of a sudden, everyone talking about trump and talking about him favorly, it water off a duck' -- >> i love it. you know the history will judge, i believe the last few days is an inflection point in race to win the country back. and i know we see it in polls in 16 he was down 7 or 8 against clinton he was down -- today he is up in every swing state by a little bit, we see every day that trend continues we'll look back and say al smith dinner with her not attending, i thought he was the charming and his har historic al, him
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leaning out the give them their french fries and burger that is donald trump that we love. larry: i liked it. more you see this i like the mcdonald's manager was giving him instructions how to do the fries, he was rakireacting well to those. not necessarily typical, he got it right. you know all this is a turning point mark. >> donald trump is a champion golfer, secret you come alive on 17th and 18th hole, you do your best work that started with al smi smith dinner, he owns a hundred restaurants, every one of his restaurants have best burger and fries. this guy has purchased millions in kitchen equipment he is famous for going into kitchen to talk to everyone and see everything, he is comfortable there, he has a larger than life personality we know that kamala does
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not, he does joe rogan on friday this the home run that clears bases. that will be big. larry: he is fearless. you are right. joe, i think that barber shop stuff is interesting too. like a 1, 2, 3, hit. al smith, mcdonald's and barber shops, he goes in there he is billionaire from queens they get it, they from the bronx or center city in philadelphia this stuff, brilliant campaigning, and second, he had a lot of fun doing it. have you noticed it she looks like she just had the flu in the worst way possible. and she is not getting any good meds. >> this barber shop, was not in texas or alabama it was the in the bronx. could you picture ever kamala harris going to a red state and a place where she may not be warmly accepted, that will never happen, you
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can tell who is winning by who is having a good time. i agree that al smith and mcdonald's but before that vp debate that changed trajectory. then butler pa rally, and finished what he started and kamala harris' media blitz, we will say it sh it -- first democrat to. >> yo screw up an interview on the view. but she did it fox news interview was watched. larry: that was a bomb, bret baier is a great newsman, he -- a bomb, she bombed. >> she did, i will say too next inflection point sunday night new york city madison square garden, i heard they already have enough requests to fill m madison square garden 6 times over. larry: are you getting us tickets. >> i may know people who know people it will be
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incredible and that is his venue, these are his people. there will be people from all over the country flying in vast majority from flu blue new york who are tired. >> with what we're seeinger not seeing today, guess how many campaign events kamala harris has with 14 days. larry: i can't imagine it is zero. >> yes, how is that possible. >> she has 2 interviews tomorrow with nbc news and telemundo, she is prepping, at this. 3 and a half years in your vice president's and campaigning for three months you need a full day to prep for nbc, just the sphron door. larry: t the -- just the front door. larry: i am reading about the story in "new york post." >> the transcript either clears them or it shows they were guilty, they will not
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release that transcript, they have done it before, they will not do it they are guilty. >> that interview was 46 minutes we saw 21 minutes, can you imagine the other 25 minutes. larry: it could be grim. >> robert h hur tapes. >> this is for you brook, campaign theme stuff. >> cut taxes do what we have done, we had greatest economy we ever had just 4 years ago, now we'll have to do it again, but do it better. what will bring us together is success. it will bring everyone together. prior to covid coming in we had a unified country it was amazing liberal and conservative we were unified. success will bring us together. we're have tremendous success. larry: brooke, success will bring us program that is a huge theme, i hope he stays with us, as closing theme.
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>> well, you know well, that the trump economy and what you as head of national economy counsel and time worked for lifting all americans, that is what president trump did in his first term. the rest us did great that. but really those at margins of society are those who advance most under a trump economy. i believe that is what me is talking about that clip, that success brings everyone together, that is what we'll see under a new trump presidency. larry: one person not brought together this is stupid by kamala people that is campaigning with liz cheney, liz cheney. who was after attack trump, a professional trump hater, losing her congressional say the by 70 something percentage points. having won by same amount before, now she is losing it she is a big hawk, i hate to say her father was a friend
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of mine, what regarded of war people war hawks not what people of michigan want to hear or muslims want to hear who is liz chai cheney who cares, what slice of republican party does liz cheney represent. >> i guess disagree, landslide liz will turn this around. larry: she is toting liz cheney around this is as dumb as the mcdonald's thing as smart on trump's part. almost, a mirror image who is liz cheney who cares about liz cheney, how much lift wing republicans are there. >> when i think winner, i think l b lombardi, and jordan, and liz cheney she brings joy who is next
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charlie crist is that the next move. larry: that is wonderful. >> charlie crist. [ laughter ] >> oh, boy. >> and we're going to break. larry: stop it, that so good. brooke rollins and mark simone and joe concha and charlie crist, and liz chain cheney, who is next? on kudlow, why is kamala harris. death to be taxable, maybe death is next we talk about it with steve moore and claudia tenney next on kudlow. awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding.
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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall?
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he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. larry: why does kamala harris want death to be more taxable, joining us now, famous new york congresswoman claudia tenney and steve moore. you know, i'm saying she wants to cutback to exemption from 13 million bucks to 3.5 million, i'm told she would raise marginal rate from 40% could go high to 60% or th higher. claudia, up, people think of the inheritance tax death tax is only for very rich,
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if you own your own, or farm or vin vineyard in upstate new york, here is one for you, own your own mcdonald's franchise, then the this t tax kicks in there is no cash, about wealth and assets you get clobbered then death is a hourhorrible taxable avingt. event. >> my district is driven by small businesses it would be devastating new york has its own fiscal cliff, if you reach threshold amount in new york you pay cash to tax commission like in irs, that would bankrupt the business you could force sale of assets in our case a printing press o or a building, you force a farm to get rid of all of assets to come up with cash to play irs, and close or a legacy,
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this is the stupidest thing they could do it before state t-- devastating to employee its hurts little guys more. larry: that is it steve moore, the joe biden and kamala harris taxes making rich pay l their pair share, you could tax 100% all of richest people in america you could never pay for debt, point is that claudia's point this is not a rich person's tax. necessary please, this could be a small business tax, small business person's tax, the, improved. i look at some of the examples a mcdonald's f franchisee. you have put up w two mill yorcmillion, why are they doing this? what is the point what is the return on this? i don't think they get much. >> it is most immoral tax we
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had, a agree with claudia, economically it is a disaster, but it immoral, i think about my father, he was a small businessman, we were not rich he worked 60, ss70 hours a week to build up that, we worked until his 80s, why do they do that? they want to live money to their kids to continue to build that business, you are basically cutting that off. now, i want to give credit, you did not mention in the tax bill, that passed under donald trump, we reduced number of people who had to pay d death tax by half, super rich still had to tase to pay, you -- think of
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this someone like a successful small small business man, they paid income taxes and sale tacks and gas taxes and property taxes and pla blah blah now they die and have to pay 50% to uncle sam that outrageous, i think qud oc khukudos to trump, if he wins we'll keep it only for super rich. larry: this is a double tax. let's say you own your own, you are asked at a certain rate, deductions may be up for grabs. but the point, a double tax on your, a double tax on capital. a double tax on investment, you might has well say, a double tax on economy growth, where the country is having trouble growing, 3 or
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5%. institd instead of 1 or 2. >> you are right i have already paid taxes on this money, you continue to may taxes every year on interest or growth, you continue to pay tax. why should you just are discourage your money at end to steve's point even if you transfer your business to children you keepings running you have employees we have people we give 50 year pins out they worked with my grandfather in 1946. this kind of stuff -- i love you talk about mcdonald's, all those liberal heads, are hair on fire because you keep talking about mcdonald's, it was an awesome hit. >> thank you cl claudia tenney and steve moore, appreciate it i'll be back with my last word. (♪)
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