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tv   Watching the Hawks  RT  July 3, 2018 11:30am-12:01pm EDT

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i suspect they're on the way to a rest name for some criminal play acting in this much oh my god name was even given man of the match by fever and the thing is we need to have fee for looking at this the way he behaved in this game is a confines any other way than this race for it really really annoys everyone who loves football that he looked like he was seriously on his way out of his life he was dying. but he was the next thing that would happen was he was going to be put on a stretcher put in an ambulance and we wouldn't see name again that that's the kind of play acting we're seeing at the moment we now must try and get rid of this play acting because we don't want that and the one thing that really annoys me here with this is that name checks so much attention so that means that all the kids in this world everybody thinks they might as a great play they see this and when i go and watch i have to an eight and ten eleven year old in my house i go and watch them play and you know work that's how
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they do every time they fall foul they look like and it's not on this is not what we want in football if i had a name i would honestly throw it in the bin after watching that game i think we saw the good the bad and definitely the ugly elf name genius best nothing wrong with him the referees don't want to know about it he goes back on the pitch are afraid says play on what you know they must up walked on the page it's not our if you see any of the other guys doing no we don't and i can see this is got to stop well i would be sending yourself quite a reputation even amongst the public now because we were talking about his play acting prior to this match we even put it to some of the fans to reproduce sort of name facial expressions and writhing in apparent agony this is what they made of it in your face like can. you try to try.
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it's a pleasure. to sit. here i'll take your pick but i need help from. anybody coming to this.
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language claim. to go. to college.
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i got the guys. who i'm so sorry i started i don't rush oh. my i speak to dish again game simple. once for the world cup. and. show it to be do you need to be under it for some even in one hundred twenty percent of your capacity and mentally physically a. defining foresting for everybody in the team. from two zero down to treat two it's a beautiful moment for the country we need to. we need to. rest for the next game because we're going to be tough we are still. totally focused on everybody and that's what's important because it does not mean. that you know
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someone of small to be interesting good for us a moment to mention those mexican founds and such an emotional roller coaster this tone of monday top the group in the first stage but today they head home is a snapshot of a journey. ah . ha. told.
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me to excited because i'm sure this train will be full of mexicans and mexicans know how to party this. is the final day of the trip or what is suffering to leave this country at this critical city.
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so for the million or so found save for the football coach their smartphones been working overtime taking pictures and videos of the world cup of we've been scouring through some of the very best to compile for you a check. up up up up. up. i. i. got a tough tough tough i was. tough. i. i. i i i i. i i. was.
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it's been such a good vibe is so briefly two will great games today you can follow the thrills and spills world cup for the eighty's continues through the summer especially on outtakes on air and on the. ski.
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wrong. just don't hold. me. to shape our. selves worlds apart. to look for common ground. well for football a check of some world news headlines right now today this choose day groupie for us republican congressman here in moscow now what they describe as a mission to improve relations to see how sanctions of hit russia in the last hour they wrapped up
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a meeting with the russian foreign minister sergei lavrov we can tell you as long to do the coaching of issues they're forced to do now that meeting go what we know . well the largest delegation of u.s. congressman has flown single moscow the largest delegation in quite so while it's to have an official meeting with the russian foreign ministry says a lot for office and of course this whole set the stage the official first of one on one summit between the u.s. and russia presidents which is scheduled for july the sixteenth now right after this meeting was over we managed to ask the heart of the delegation of the u.s. senator from alabama richard shelby a few questions on how the meeting went. had a good meeting we discussed a lot of serious issues and mainly focused on the upcoming meeting with president from president putin and. said look we need to we will be competitors but we don't
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need to be adversaries maybe with our new day we'll have to wait and see do you think that the talks in helsinki could be productive considering that to mask the pressure on the u.s. president not to be kind of friendly with the question do you think it could be productive the last three days. we have to look at russia as if this is the superpower very competitive and not an adversary and we'll see what happens. they'll have to go to their meeting and they will and i think that both looking for a better day. while the senator is more used to stands and quite a contrast with that he has a policy. russia that he was a voice to a previously not on his website there is a statement which says that his office will continue to protect their homeland from russian aggression while at the moment it does seem that both parties are calling for a productive dialogue and as for the u.s. delegation well they do have quite a busy day ahead of them they do have
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a number of first scheduled meetings with their different russian politicians they could do some talking going on to the question of of their from central moscow. talking america. recent polls have put donald trump's approval rating at nearly fifty percent no surprisingly perhaps despite some of those very controversial domestic policies of late trump seems to be picking up some significant support among hispanic voters caleb maupin explains more. the month of june wasn't too good for the white house and the court of public opinion lots of media raked over the coals for the treatment of migrant families along the u.s. border now in the denunciation of the donald latino americans took center stage we saw the president just a few moments ago on twitter tweeting again that this was the democrats' fault and not acknowledging at all that he has the ability to stop it with perhaps just a phone call it's not right it's immoral it's inhumane and we need to stop that and we've known since donald trump came down those stairs calling mexicans rapists and
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criminals we've known that we as american citizens would be on watch but according to a harvard harris poll thirty five percent of americans who identify as hispanic either approve or somewhat approve of the trumpet ministrations policies now that survey was conducted after trump signed an executive order ending the separation of illegal migrant families back in may those numbers are only twenty five percent in a single executive order to really explain a spike in approval this time now fifty seven percent of hispanic americans according to another poll approve of donald trump's economic policies we decided to speak to some folks in the local latino community to see if they can explain these poll numbers have no explanation and definitely not my kind of people i think because the people. at least listen to tone trump in a believe what he says it makes no sense at all because it's mostly hispanic that the border that are being denied entry with their children so i can't speak for
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them do you think maybe there's other issues that are important to them i think that they're probably unaware of exactly what's going on as most of us are but would be some reason that that people in hispanic communities would support trump i mean what possible reason could there be tom i guess i mean he's smart financially with much trouble his reaction perhaps specific to this is what's to say you know that they do want to connect the town ways again and they want to make a civilized process that. yes the is is a lot of pros and cons but still overall he wants to make america great again now the media is very good at telling us how we should be thinking like however a more nuanced look at the data can sometimes throw up some surprising results it would happen r.t. new york. it's a couple of twenty five minutes past one this tuesday lunchtime there are moscow thanks ever so much for watching telly calling brazier and thirty minutes to take through the afternoon for the me kevin i will enjoy the football here in russia
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later to recap again so even the first to switzerland colombia facing angel and maybe the best team win i'm going to say that every time for me have a great day and thank you for watching our channel. or you will be in. your last just us do you know that. the people most of. all what i mean. to make it.
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really a local superman family can see as you know from the right. if you're in the form of the media. i'm with you most of the very one was in the mud almost nothing to do with many possibilities but what will you move forward for the future. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all time but there was one more question and by the way who's going to be our coach. guys i know you on the us he's a huge star among us and the huge amount of pressure to come out you have to meet the center of the page with all we do and we will go through all the great game the great game you are the rock at the back nobody gets past you we need you to get the
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ball going let's go. a low as i want to you know and i'm really happy to join the team for the two thousand and three in the world cup in russia meet this special one and was also appreciate me to just say the radio p.r.t. teams latest edition make it up as we go so i need to just say look. this is boom bust broadcasting around the world from washington d.c. i'm part thanks for joining us up on the program today for this broadcast we do something a little different and that we're going to focus the entirety of the show on axis to help us out will be joined by the renowned professor of economics
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a meritless at the university of matches massachusetts richard wolfe plus the c.e.o. of straw mark hillary for which looks at the highest and lowest tax rates around the globe and we have a special panel to discuss and i bet deep faith the new u.s. tax law and where it is right now plus alex what hyla bitch will tell us about one provision of the new tax law that may impact life love and. and finances all that ahead on our tax team's program so let's bungle in the jungle and start with some. speaking of taxes corporate stock buybacks hit an all time record of one hundred seventy eight billion dollars in the first quarter of the year the u.s. tax reform law approved late last year cut the corporate tax rate from thirty five percent to twenty twenty one percent and has been a boon for businesses and has helped boost the overall economy but most of the benefits have been used for companies to buy back stock as opposed to what
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proponents of the tax changes argued would be a benefit that would trickle down to workers and average families some are now wondering if they have been trickled upon with the release of several studies and studies showing that tax cut benefits are going predominantly to stock shareholders a bloomberg analysis determined that roughly sixty percent of the tax cut benefits will go to shareholders whereas employees will only receive five percent another such study by morgan stanley estimated that forty three percent of tax cut savings will go to stock buybacks and dividends and just thirteen percent to employees by way of pay raises bonuses or employee benefits. and harley davidson has announced that they are shutting down their factory in kansas city which employs eight hundred workers some of the jobs will be transferred to a facility in new york pennsylvania harley davidson is also expanding operations to highland some say the move is due to u.s. markets which is contract in recent years harley davidson has their sales have
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dropped by eight and a half percent sales abroad have dropped by three point nine percent the announcement of the plant closure came just days after harley davidson said they too would provide shareholder dividend increases the iconic motorcycle company was touted by both president trump and speaker of the house paul ryan as examples of businesses which would be big beneficiaries from the tax cut law and this is it appears that the benefits from the new law are being used to outsource jobs and pay shareholders in a contract in market. or not to tax was once upon a time undoubtedly the question but as a civil society we've long ago passed the point of if there will be taxes the question by most policymakers is who or what will be taxed and how much and here to provide his seasoned and professional perspective we are joined an honor to be
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joined by richard wolffe a professor emeritus on economics at the university of metal because that's and her professor thank you again for being with us and very grateful for your time chiz they're imperfect tax a tax that is really fair and provides good for all the people. i doubt it and i think that taxes have been with us for a long time and that they are basically a way that we hold ourselves together as a community. cox's our recognition that some things are better done if we pool our resources together and if we go you know individually let me just give you the simplest examples if we want to have a lovely wooded area in our community to have picnics to go with our children we could eat strider somehow i maintain a plot of wooded land but the absurdity of the expense is silly and so we get
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together pooley our resources so that we can have a central park in the middle of your or a prospect park in brooklyn or a golden gate park in san francisco that we can all enjoy and so we all kick in a little bit of money far far less than we unify ourselves in order to have a collective resource we couldn't otherwise really afford at least many of us could most of us and the same that. implies the roads and highways an arborist and national defense and a whole lot of other things so that once you explain to people what it taxes are out basically building the institutions that serve us as a community of people they understand the logic of it and even when the paying full bill comes to pay it and the struggles begin about who should pay what only should
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of it that's when things get dicey and in their upset about not wanting to pay some groups begin to question the whole notion of the tax itself but as i say that's a kind of point of view that does not bear any serious investigation. what do you think professor are sort of let's accept that there were going to be taxed at the question of who are water how much what or what are you in your view are you looking around the world and look at the neck not economic for your whole career what are the most unfair types of taxes and where in the world do they exist today . well for me from my perspective one of the things a tax can do besides providing us collectively important resources like parks like highways like schools and all the rest of that one of the other things
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a tax could do is go somewhere toward alleviating aspects of our economic system that are no good in other words we can fix the broken aspects of our economy by the means of taxes and for me one of the most importance in holding any community together is to avoid extremes of wealth on the one hand coupled with extremes of poverty on the other so for me one of the extra benefits of a tax is that if ten do something to lessen the inequality of a society so for me the most unfair tax is that tax that not only doesn't lessen inequality but actually makes it worse and let me give you an example here in the united states and we're not the only country of course that does this we
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realize and many many of our states on something called a sales tax that's for example taxing a shirt you might buy in a department store by adding five percent to whatever the price of the shirt is when you do that you charge exactly the same amount of money but say it's one hundred dollars sure so then it's five percent that would be a five dollar tax you're charging the same five dollar tax to a person who has a very low income as you would to rockefeller are on jeffrey b.'s ost who with who counts his wealth in the billions i thing. that's unfair that's a situation in which a broken part of b. economy that lends some people have more money than they know what to do with while other people don't have enough food or shelter ok and pay their kids' way to college etc this isn't an unfair tax which by the way was recognized
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here in the united states one hundred years ago when we began the income tax and we structured it as what we call eight progress of tax and what that simply means there's the higher your income the larger the percentage of it you are required to pay in tax because you can know for more you are asked to kick in more and the logic of that is again to use the tax system took offset any qualities that if you don't offset them will destroy your community create tension within it and eventually blow it up. we've just got about sixty seconds but i want to try to squeeze in one more question so when you talk about wealth inequality and then various tax provisions like in the the recent tax reform law that was passed some would argue that well the wealthy are going to you know make
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all these profits and they will therefore buy a lot of shirts or buy a lot of gasoline and then the people that make the shirt for help get the ghastly they will ultimately trickle down to them how that's how is that working out so far professor that's not work at all because it was never true it was just a rationalization invented by rich people so that they could continue to get a disproportionate amount of wealth by telling us that if you do that it will trickle down to you because they will buy more the thing about rich people is they are already couldn't sue me more than most of the rest of us care like imagine and by giving even more money than them you're not going to get them to consume or you're going to get them to make a lavish investments in other parts of the world you're going to get them to invest in harebrained schemes a bit coy and or gotten those whatever speculation that's what we've seen the tax
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cut the end of december for example gave more wealth to big companies or using it to distribute to their shareholders they're not hiring workers the way they promised they would they're not getting higher wages the way they promised those promises are made to get the money into their hands and then they're just as quickly forgot professor emeritus in economics at the university of massachusetts richard wall we're always smarter after you have joined us our thanks thank you very much glad to do. some companies treat their employees to perks such as sports tickets other luxury items however after passing of a new tax law some corporations are having to cut back on their gifts or take it in that workers are to correspondent ashley banks with the latest new tax laws will soon be either a limit or eliminate al many capitals game tickets if your employer will provide in
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the near future changes in the law eliminate the deduction for sports tickets concerts other client entertainment and employee meals these changes were designed to help offset corporate tax cuts according to a survey done by wall street journal including eight hundred sixty five firms forty five percent of those firms say they will be affected by the new tax laws forcing them to cut spending or make adjustments which will impact their employees big corporations will not feel the impact as much the cut in the corporate tax rate of twenty one percent lower the deductions value and as for small businesses their tax higher between twenty nine percent and thirty seven percent small firms also operate with thinner margins and are usually more sensitive to tax rate changes some businesses have annual client appreciation day at sporting stadiums however they may have to cancel this year due to the tax loss because under williams chief
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executive of a tech consulting incorporated says quote we have season rams tickets the invoice is sitting on my desk do we do this or do we not what is our return on investment joseph hine c.e.o. of voice and data networks incorporated says he had to sell off the company's extra seat because most of the company's owners could no longer deduct the expense as a result some teams are exploring options as to how they can help companies claim deductions tony not c.e.o. . of ticket manager incorporated which manages and track sports tickets for businesses says usually when we hear teams talk about an increase in non renewables winning teams and big markets are immune we're getting calls from teams that are winning that have huge fan bases saying we're losing customers because of the deduction sports teams aren't the only ones taking a head restaurant and catering businesses are suffering as well so much so
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businesses are.

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