let's ask wall street journal assistant editorial editor james freeman, mary kissel and comment mary o'grady and chemist russell. so, freeman, senate bill is out? what you make of the bill? >> i think you're seeing both houses move forward with progrowth changes, explain and half dollars cut in taxes. and i think both are very good for job creation. i like the house a little better and that they go for the corporate tax rate cut immediately. >> you do not like the one year delay in the corporate tax cut. >> is not because he wanted to start immediately, i think also republicans need to understand every political imperative to deliver growth in the first half of next year they want to called. >> is what a lot of economists that have consulted which is that the expensing provision which is 100 percent immediate, that would take place right away. that actually is more important against a higher tax rate. so that will give incentive for immediate investment that will overwhelm the delay of one year. >> expensing is great. goes to a big problem with the obama years which is corporations d

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bring in our panel democratic strategist jessica tarlow is with us along with james freeman , both are fox news contributors good to see you both. thank you so much for joining us so i've got a report from goldman sachs expecting four 2018 fed rate hikes because growth is getting better they're looking at the u.s. jobless rate down to 3.5% in late 2019. things have gotten better james. >> for sure. it looks like according to the atlanta fed forecast we're into our third quarter in a row of 3 plus percent growth that's new that we didn't really see that in the obama years, so it's still too early to claim that trump-onomics is working but all the signs are good. >> maria: one big sign is the tax plan jessica they have to get this across the finish line. >> they definitely do at this moment when you look at someone like john mccain who have rev el ed in his role as decision maker right on the healthcare bill where it was the last minute and the sly smile as he dropped his vote you don't know what's going to happen and he hasn't been that vocal about where he falls to say i want regular o

we are back with dan henninger, allysia finally and james freeman. you make to have law case, antitrust case? >> it's stunning and we have been enjoying the new era of the government pulling back from its arbitrary and ta -- capricious constant and you look at the turner capable channels and hbo, i don't know how you see dominance here. mr. trump was calling cnn fake news and now we say it's a bundle of channels we can't live with out or something? it's mindbogglingly. paul: dan, we go way back to antitrust policy, the at&t break-up and imbm case, this is stunning news to me. i'm really surprised at this. >> yeah, one of the interesting assets of this is that the last time the justice department brought antitrust suit against a vertical integration. paul: don't compete directly against one another. >> right. they lost that one. people like, indeed, justice robert, developed theory of antitrust, there has been in real theory develop today replace it. with the justice department sue thong base issue, you have to ask, what is the idea, what's the argume

james freeman from the "wall street journal" editorial page. senator hatch is right. orrin hatch is right. it is not correct to say, that this is not going to hurt the wealthy because, in fact, adam johnson, it is going to hurt anybody who earns a lot of money. they will pay more in tax. why can't the democrats understand that? >> well you know, it is talking points after talking points. if you torture the numbers long enough they will tell you the story you want to hear. the democrats are really holding on very tight to this notion, if you look at incomes between 20 and $30,000, they might actually pay more. trish, give me a break. thousand dollar window? that is absurdity number one. absurdity number two, the people who pay most taxes, high earners are not getting a break in percentage terms than the regular guys. trish: the high earners are paying the tax there. look at the graphic. >> there it is. trish: top 10% of earners in america, pay 71% of all the income tax money our government collects. do we have the other graphic? do we have this to show people as well.

know talk about it fox business dagen mcdowell, the wall street journal editorial page editor james freeman and kelly&company managing director kevin kelly. happy friday, everybody. dagen: good morning. big guests coming up. no offense james and kevin. [laughter] kevin: well the guests have a lot of opinion on money and tax policies and whether they are going to get done by this year. we have been promised that it's going to get done and they are backing that up too. think think it's going to happen. dagen: a lot of republicans have opinions about where we should live, how many kids we should have, how many -- telling us how to live. you want to reform, you get rid of all the handouts to industry, james, right? >> i couldn't agree more, but let's look at -- i think your going to get a deal. you're going get a trillion and a half over ten years, better incentives, is it perfect, no, i wish they should forget all the details about how many kids we have and so forth. maria: are they raising -- are they raising some people's taxes to pay for corporate tax cut? dagen: yes, they are. maria: they

i want to raise this with james freeman.ou do not like government regulation, did not tell us when they are hot or not protecting our data and asking for the government to come in and regulate more. exactly what our guest is talking about. dagen: we have this concern about identity theft. it seems like uber will have a problem if you have crimes that relate to the hack data. to this point i'd be curious your thoughts about how we've seen so many institutions, these big tax cut of millions of people, various types of data. personally identifiable in terms of social security and credit card numbers, but phone numbers and addresses. are we seeing big impact on the consumer? are we seeing lots of fraud hitting people that demise by these hacks? >> identity theft and fraud if i can get your name and credit card numbers i can get fraud. let's take that information that they took. you're going to pay hackers $100,000 that they will trust the people that just broke into your house to make the data. i would expect that to show up on

thank you to james freeman. both of you come in thank you joining us. we appreciate it.d flat market as we head into 10 minutes worth of business and i mean dead flat. congressman lee zeldin, republican house member from new york. his voters could take a big hit on the tax plan. can he bring himself to vote for her? i will ask him directly i suspect. he will say no, i can't. hackers releasing documents listing offshore account for some of the world leads. everyone from members of president trump's inner circle to the queen of england. judge napolitano coming up on that in just a moment. nah. not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an

what he think of that, james freeman? >> meredith is thrilled to have the money.he third time they've tried to buy time. they finally can do it because of the financing. is i think you look at those titles come in they could use a little koch influence, little libertarian spirit. stuart: i always think of left of center and the koch brothers are libertarians, conservatives on the other side of the fence. 650 million they are not going to touch the editorials. >> but they can still -- stuart: no management influence, editorial influence. >> time is a much better business back when it was an outward looking, forward-looking patriotic publication which is how it was founded a century ago come astray from now with a much smaller business. "sports illustrated" wants to make everything about politics. they have to reconsider whether the koch brothers might be a healthy influence here. stuart: one comments on softbank is supposed with billions of dollars into her. last week they covered up by major hack by paying a bribe, and therefore getting a better price and better d

. >> back in america, james freeman of blue bottle coffee, was among the first to taste the beans he had carried out of yemen. stunning, stunning coffee. >> blue bottle started selling it at a stunning price. $16 a cup. >> when you're offering this coffee at $16 a cup, is it an act of charity to biff it? >> no. no. it is an act of sensory pleasure. it has to be an amazing transporting experience for us to be able to justify that price. people are willing to pay more for coffees if they know it has social impact. luckily, like these coffees also are just, pretty wonderful coffees. >> the price begins with farmers in yemen paid a fair price. rises with cost of transporting the coffee out of remote mountains and exported from a country in conflict. to a package, here, in america. >> if i want to help my farmers i have to make sure the coffees are great. when someone pays $16 for a cup of coffee it better be a good coffee. ♪better find a way to smooth things over.♪ ♪if only harry used some... ♪...bounce, to dry. ♪yeah! ♪he would be a less wrinkly, and winning at life.♪ because your carpe

author of an interesting article from the wall street journal editorial page, fox news contributor james freemanhavior which more people find objectionable and what he is trying to do. is that what you got out of it? >> he is an unconventional politician, got into the race mid-2015, hard to figure out where this is going as we locate the election next year. traditionally more how people feel about the economy, a big driver of election results. it is a big puzzle. it is really striking, trump's approval ratings remained very low. people are getting more optimistic about the future, feel better about the economy, better about their freedom and ability to realize the american dream. a striking phenomena. rob: we all care what is in our pocket and what we have. interesting thing you are talking about. let's bring up the results of a poll on the american dream, americans on the american dream now unattainable, 59%, this is what it was prior to this a few years ago. on their way to achieving it, 46% have achieved it at 46%. the amount of people that believe the american dream is attainable is higher t

let's bring in jason rotman, lido isle investors and james freeman, "wall street journal," a fox news contributor. james? >> yes. melissa: some people are nervous. market is on a tear. economy is better. now the tax plan eventually coming out. economy gets even better. you see a piece of art go for 450 million they thought would go for 150 million. it is sort of like everybody is having a giant party and when he have one is thinking the same thing, some people get a little bit nervous. what do you think? >> i mean there are reasons to be nervous. his story major intrading 20, 25 times earnings. you would like to buy them on lower level. good side as he was saying there, s&p and dow are not more expensive relative to earnings than they were a year ago because we've seen that nice profit growth. now you have got maybe in our third quarter of three plus percent growth in the united states. if you want to think about what's, what you should be nervous about, to me, more than u.s. equities i would say, look at government bond market. why is portugal, why is italy paying less to borrow than

james freeman is assistant editor of "the wall street journal" editorial piece and a fox news contributor, what are your thoughts on this? >> you mentioned how the investigation keeps broadening. people watching this might wish it would focus on what it was supposed to be created for, examining if there was collusion between the trump campaign and the russian government in rigging the election. we are seeing mueller looking at things that are not about the election, this is the transition. it's not about russia in this case, but what is the problem with a presidential transition official talking to a foreign government? this is routine and i don't think there's any problem talking to israel. i'm not sure where this could go but it's a reminder, a year and a half after the government started looking at this suggests we are still waiting for that evidence. >> melissa: let me be the devil's advocate in that case, maybe they are just being thorough. that would be the place to look to try to see if they are saying boy, we have the set up ahead of time, here's what we are expecting as a payoff.

joining me assistant editor for "the wall street journal" editorial page, james freeman, and fairfaxietrich. you like this overall? pretty good stuff. >> usually investors are feeling optimistic. it is harder to cush our enthusiasm when we look at some recent reports. it wasn't as high as we thought, but when you add the revisions basically 350,000 more jobs than we thought we had a month ago. you look very good reports on manufacturing this week. atlanta fed, now saying we'll get 3% plus growth in the fourth quarter. this would be the third in a row. so maybe a little too early to say trumpnomics is working. looks like we might be headed to a breakout here. one bleaker spot if you would, would still be, wages, paul, wages are going down a little bit. is this temporary? is this going to change? is this why we need tax cuts? >> the tax cut will help. but if you delve into the numbers, and delve into the footnotes, one of the you are going to see i believe those wage numbers will be revised up over the next two months. they pretty much because of three hurricanes, the sampling data has

we're back with dan henninger, kate odell and james freeman.his bill in detail. you heard scott hodge. what do you make of it overall? >> well, i think scott's exactly right, that we're looking at a major pro-growth cut on the business side and nothing on the individual side that's going to make it meaningfully better. the house narrowly avoided sunsetting the corporate rate cut in years nine and ten which is a huge relief because companies make investment decisions longer than ten years. now, to make the math work for the budget, they had to make other things temporary like the new parent credit, but that does nothing for growth and could be extended if congress decides. paul: and the expensing provision, five years as scott said. but i think there'll be pressure to extend that after five years. that'd be my guess. >> oh, absolutely. we'll just do this every five years if we have to. paul: okay. so, dan, the business side seems to be the best. >> the business side does, indeed, seem to be the best. cutting the corporate rate from 35% to 20%. a

kevin kelly on "the wall street journal" editorial page editor james freeman. great to see you. >> it's going to be crazy packed the next couple weeks because i didn't see the individual mandate coming. we know senator cruz told you that wanted to take a lot of the stuff and put them into tax bill. looks like we will get a tight package deal. >> you think this will look the way it looks today are very different? >> i think a lot to a lot to happen before we get done with this. i will be surprised. getting rid of the mandate, big deal. $318 billion over 10 years. a lot of wiggle room. knocked down by half a percent. a full percentage point at some of these taxes on middle income people. >> there'll not get anything done with these little ones. >> you see a very different. >> on this they are. >> they all want to get it done. eventually once it's clear they will pass it anyway. >> donald trump one. you will think those congressmen and senators from those states will vote. they will not vote 51. >> outthink chuck schumer will let them. >> woodcutter big show ahead

james freeman from "the wall street journal" he is a fox news contributor.odge, from tax foundation. how excited are you about this bill. >> i'm excited. it got 20% bigger. melissa: really? >> looks like both house and senate on board getting rid of obamacare individual mandate which allows them to cut more. good news. melissa: that's true. scott, what is your take? >> will be interesting to see how they apply those savings on the mandate. melissa: savings, use air quotes, when you say savings. >> that's true. well it is 338 billion worth of something. they will apply it somewhere and the key question is, will it be for pro-growth tax cuts or will it be just to pad child credits and other social policy that does not add to economic growth. melissa: yeah, i mean my problem with the overall thing is, that in order to put money in someone's pocket, they're picking someone else's pocket. these swamp creatures specifically written the rules so it is against the rules for them to trim their own spending in order to quote, pay for it. i mean, that drives me crazy,

here now is james freeman, "the wall street journal" editorial page assistant director and a fox newstributor. i'm really stuck on this story. >> yeah. melissa: there is so many things about it that make absolutely no sense. i mean, first of all let's start with the fact that here's rand paul. he is mowing his lawn. he can't hear anything because he has something covering his ears. i heard it was earphones, i heard it was earmuffs, whatever it was. he can't hear. his neighbor attacks him brutally. he can't breathe. he has five cracked ribs. he has a bruised lung. i mean he is really in bad shape. and the charges are so minimal. >> right. melissa: based on what he did, fourth degree assault? i mean the judge was saying that is what you would get for hitting someone in the face or something, not really -- this makes no sense. we still don't know. we heard it is about lawn clippings, it is about composting. it is about neighborly things. this maybes no sense. >> yeah it is, so far the charge is a misdemeanor. it could be more serious assault. melissa: not appropriate. >> at federal level

ashley webster, elizabeth mcdonald james freeman and by special request maria bartiromo.appy to join you, stu, thank you. stuart: i haven't gotten to the question. maria: okay. stuart: better growth, higher wages, do you agree? maria: absolutely. 3 and a half percent employment rate, things are getting better and better in terms of the u.s. economy earnings backdrop and the first time you really have seen all of the international economies move up at the same time, stu, very powerful. stuart: that rosie forecast for next year will be true -- that's not factoring the tax cut. maria: it's not factoring the tax cut and looking at the backdrop. earnings up better than expected. revenue is also higher, you can manipulate earnings but revenue is revenue and you can't manipulate that. that's looking good. stuart: why aren't you tired? you did three hours. two biggest names in retail ramping up delivery, grocery delivery, i should say, that two companies will be wal-mart which has got a deal and the other one is alibaba in china, all over the world, james, the name of the game is

founder and assistant editorial page, james freeman is here. thanks for joining us. welcome. >> thanks. nice to be here. dagen: what is in this gop house tax bill. "the wall street journal" tips facile little bit on what could be in it. i just want to point this out because it made me excited. the corporate tax rate will be per minute, not set to expire according to "the wall street journal" reporting. the plan will not include changes to the individual mandate to purchase health insurance. that was a possibility. also the plant will make major changes to 401(k) retirement plan. but if there's any changes, curious to see what they are. there's a lot that they need to flesh out. where the income breaks are for all the individual tax rate, with the top tax rates going to be in the state and local tax reduction. maria: likely going to be 39.6% we talked about yesterday. the highest are not going to get a tax cut on that. also happy to see they will introduce the tax rate right away rather than phasing it in. >> that's huge in the heart of the plan is shifting to a syste

president, "wall street journal" editorial page assistant, james freeman. james, to you first on this, how big of a deal is this going to be, first off on the sessions stuff with the special prosecutor, should it come to pass? almost in a no-win situations, get a special prosecutor. don't do it. he angers the white house. how does it go? >> personally, i don't see why you need a special counsel for any of these. we elect a president. we have a justice department. constitutionally they investigate crimes. if this ends up having another special counsel, then maybe, then people will sour on the idea of special counsels. go back to the idea of operate political accountability as it should be. neil: there is a concept. lee, one thing that came up in this discussion here, that jeff sessions of course is the former senator of alabama. many wanted to recruit him as a write-in candidate for what is happening right now with judge roy moore. what do you think of that? he said, attorney general, not interested, don't even broach the subject. what do you think? >> well,

"wall street journal" james freeman is here. conservative review deneen borelli. dineen, begin with you, end with you, that the tax cuts are the great economic elixir, what do you think? >> debate around tax cuts and tax reform has sent the market up. it has been up six times with the dow over 24,000. gdp over 3% as well. so just a conversation about it. but it is all about the certainty with the market. businesses will know where we stand, where the country stand when it comes to taxes. they will know how to plan in the future. to reinvest, grow their business. neil: how do they feel baked into this was a feature that raises taxes. >> bad idea. neil: not a good thing to plan on. >> bad idea. you mentioned if there is recession. what if north korea does something bonehead that would have effect on economy that. >> is economic term, boneheaded. >> thanks. neil: james, your fine paper mentioned something interesting i hadn't even thought about. this idea in order to get votes yea, they're making allowances for every member. marco rubio among them this, idea of a hig

joining us for more on this is james freeman assistant editor of you heard us talking over bill, theseu make of them? >> you are seeing a tightening race. what we saw from gillespie a few years ago when he was running for senate. underdog candidate, a great closer. that's what you are seeing again is now when you look at the average of the polls, it's basically margin of error. >> sandra: "wall street journal" writing democrats nervous as they eye the tightening race in virginia. this is the biggest test of strength between the two parties since donald trump became president. fair question to ask. >> yeah. northam is liberal but he is not a bernie sanders social justice warrior. i think for that reason democrats are worried about turnout. that obama coalition that depended on heavy turnout with young people and minorities, are they excited about northam? you have to wonder. >> sandra: if ed gillespie is able to pull off a win what message would that send? >> you would have basically a meltdown in the democratic party wondering what's going on. but i think the danger for them is they've