fox's correspondent brenda buttner. >> because of weak jobs growth on main street, that's the question investors. yes shall the s&p 500 probably part of your 401(k) hit an all-time high, but there's concern that show job creation in march signals trouble ahead for the market and the economy. plenty to move stocks this week, the season is definitely earnings. it kicks off with alcoa tomorrow after the bell, but big banks open their bottom lines, too, and wells fargo could give a read on the strength of the housing market and the minutes for the fed's march meetings out on wednesday and investors asking will the fed keep buying ponds to stimulate the economy. wall street will watch for other important news, too, and the president releases his budget mid week and any talk of taxes could hit stocks. did a tax hike at the beginning of the year hurt consumer spending? we get a gauge on that when march retail sales are released and as does an index how you're feeling about the economy and that's coming out, as well. >> harris: lots to look forward to. march madness, and the final two on the c

brenda buttner, anchor of bulls & bears is with us.t's just like -- people have decided not to look for jobs. >> that's yucan't just look at unemployment. even though it fell, there are two survey, the more important surray is how many jobs were created. you said 125,000 to keep up with the population growth. but in order to keepget the recovery back on track, you need 200,000 to 400,000 a month. we are nowhere near that. >> eric: we need to get four times more the jobs than are being created? >> yeah, yeah. small businesses are the nfnlg growth for jobs. that i are worried. they are worried about obamacare. they are going to be paying more for that. they are worried about taxes and a recent survey by the federation of independent business says they are cutting back again. that's a real problem. >> eric: how do we light a fire under them to get it going? >> part of the problem is they for worried about taxes. so they will be watching the president's budget to see if more tax increases are part of that. if they feel that, they are going

hi, everyone, i'm brenda buttner, this is bulls and bears. let's get right to it, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris in our studio. >> outstanding. >> brenda: along with jehmu green. john, will more tax hikes have employers telling employees to take a hike? >> yes, no doubt about it. that's what's happening right now. we have the lowest labor force participation rate since 1979. and just a year ago, president obama was saying this is the last time we need to raise taxes. president clinton has said the exact same thing, but for years they railed on the bush tax cuts so this is why we've got so much deficit and then they make them permanent. they raises taxes on the rich and everybody gets free pizza. it's not working. and what we're doing is not working and raising taxes further is going to further this economy. >> brenda: what do you think about that? is it going to hurt the economy? >> i think when you look the at the jobs report at that came out yesterday, it proves one thing, we have to continue to in

i'm tracy byrnes in for brenda buttner.erry g smith, toe lynn smith, jonas max ferris and witness, john, time to scrap the tax code altogether. will it help jump start this economy? >> yes, it will help jump start this economy, we have over 72,000 plus pages right now of tax code because we've had decade after decade of politicians giving favors to different people and we cannot simply put more bandaids on it. and what are we going to do, put more on top of those pages? it costs americans 34 billion dollars a year in compliance right now, we're at historic lows as far as revenue to gdp, 15 to 16% and the only way to get there fairly is to completely overhaul this antiquated horribly system. >> i'm with him 110%. how are you going to get through the lobbyists and special interest groups, and marching out to get the political favors done for the constituents? >> look, the points are true except that you can't get from point a to point b. the special interest groups are groups like home owners and people with kids and people m

i'm liz mcdonald in for brenda buttner and this is "bulls & bears." to gary b. smith, jah, john, along with stefan, welcome, everybody. gary b, do you think it's time to cut off foreign aid to countries that hate us and use it to keep us safe here at home instead? >> absolutely, liz you always got to look at kind of the cost-benefit. we spend $40 billion a year on foreign aid. but you look down the list of countries, i mean, my gosh, until recently, we were giving money to russia as long as -- as soon as six months ago. we used to give money to north korea. but it doesn't stop there. it's countries like libya and chechnya and across the board, liz. you got to wonder where th money is spent. even when we do spend it on good stuff, in 2009 we had almost a half a billion dollars unaccounted for. it's another example where we just keep perpetuating something that seemed good maybe 40, 50 years ago. it's the wrong thing to do now. >> to that point, 130 million bucks of that aid went -- just basically vanished in somalia and the thing is, there are no social security

brenda buttner is joining us to get answers for you. she joins us live. at charitable contributions and why some of them are not tax deductible? >> that is right. this is more and more of an issue, we learned last fall how generous americans are. that is when sandy hit the east coast hard. among the viewers that contacted kelly of florida and mary jane of carson city, nevada they contributed to the victims of sandy. as you do your taxes, uncle sam gives you a break whether you give a helping hand. >> donations to charity are tax duck i believe. these donations can reduce your taxable income and lower your tax bill but not everyone will be able to duck them. you will have to itemize them to claim any charities. donations poured into red cross for other assistance affected by disasters like hurricane sandy. >> that devastation a lot of people were generous toward the end of year, make sure if you did contribute to a nonprofit, 501-c you can report that on your tax return and earn those dollars back. >> reporter: very important, you really have to make sure

brenda buttner is next. >> heather: we know you are a fan of the beib, gregg? >> and plus a shape and ceremony welcoming the latest member of the fleet. >> gregg: and an airport worker accused of having sticky fingers making off with valuable goods tucked away inside luggage. how they nabbed him still ahead. >> we could see some of the guns had been scanned into the airport but not scanned in getting on to an aircraft. take days to work. for faster relief, try dulcolac laxative tablets. dulcolac provides gentle relief overnight unlike miralax and metamucil that can take up to 3 days. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. did you know that if you wear a partial, you are almost twice as likely to lose the supporting teeth? even subtle movement of your partial can put stress on supporting teeth. this could lead to further tooth loss. try new poligrip® seal and protect denture adhesive. it stabilizes your p

senior business correspondent and anchor of bulls and bears, brenda buttner with a look ahead to the n wall street, brenda? >> harris, forget about lions and lambs, march was all about bulls on wall street. on the last trading day of the month, s & p which powers many of your 401(k)'s hit an all-time high. blue chips have been breaking records since early march and will main street follow wall street? the recovery is having a tough time. unemployment, while stubbornly high is falling, but more and more people aren't looking for work and many are working part-time when they would prefer a full-time job. and problems overseas could hit firms here. if the housing market is finding a foundation. corporate profits are strong and confident is up for consumers and companies. there is plenty to move the markets this week. the big number out friday, the most important read on the jobs market. the employment report for march. will the unemployment rate fall again? auto sales numbers are also out, and they can give a sense of consumer sentiment. another important measure of the economy, construc

if you haven't filed yet, here's an important tax tip from fox brenda buttner. >> the average tax refund is about $3,000. that's great for a lot of americans but if you're getting more than that chances are you should adjust your will holdings. the treasury department doesn't pay interest on routine refunds. that means taxpayers who collect large refunds year after year have been giving the government an interest free loan of their money. >> a lot of people consider it a free thrown the i.r.s. and why would you want to do that? keep your money earning interest. it's yours and you can use it throughout the year as opposed to once a year. >> you can find a free tax withholding calculator on it. r.s.gov -- i.r.s.gov. >> we're going to back live to boston plus we're going to talk to one runner moments after returning home to d.c. from that race. and coming up in sports one hoyas is looking towards the big draft. more on the who and where this georgetown star is expected to land tonight at 11:00. >> the grief was staggering. one hundred days after us senate starts to act are coming together b

i'm liz mcdonald in for brenda buttner and this is "bulls & bears." to gary b. stefan, welcome, everybody. gary b, do you think it's time to cut off foreign aid to countries that hate us and use it to keep us safe here at home instead? >> absolutely, liz you always got to look at kind of the cost-benefit. we spend $40 billion a year on foreign aid. but you look down the list of countries, i mean, my gosh,

i'm liz mcdonald in for brenda buttner and this is "bulls & bears." to gary b.. we spend $40 billion a year on foreign aid. but you look down the list of countries, i mean, my gosh, until recently, we were giving