we have congressman m mike walz, later on we have steve moore, we'll have art laffer and steve forbes puzzle over the stock market crack up, you can catch kudlow 4 p.m. here on fox business, if you can't make it at 4:00, text your favorite 90 -- 9-year-old and she will teach you thousand dvr your favorite show, you will never miss a market system off, thank you, kids appreciate it. hellooo new apartment. one bank for now. for later. for life. chase. make more of what's yours. nexium 24hr prevents heartburn acid for twice as long as pepcid. get all-day and all-night heartburn acid prevention with just one pill a day. choose acid prevention. choose nexium. ♪ when the sawdust settles and the engine finally roars the thing you care about most is a job well done. ♪ but when you get your tools from harbor freight something about the job feels a little different - your wallet. because we believe no matter what you're working on you need high quality tools at a great price. and that's what we're all about. ♪ whatever you do, do it for less, at harbor freight. ♪ it's time to grow your business

that is really what i'm asking, art laffer. >> we do.he had chosen steve forbes as his running mate to be honest with you. steve, i loved your opening comment. larry: now you're cooking. >> we need to index tax rates. lower tax rates on working output and employment and continue the trump agenda of business first. you know what he did on the tax cuts and jobs act is second to nothing in history. i mean he cut those tax rates from 35 to 21. he cut the personal income tax. we need more and more and more of that. what we need to do is bring people off the sidelines, back into the labor force. we need to get this country growing and going again and in the interrim there, we need to treat seniors, especially people over 80 years old, say moi, we need to treat them really nicely. you guys be polite and sweet to me all the time, yes, sir, no, sir, thank you, ma'am. we need to treat seniors correctly. trump knows how to do it. he is a senior by the way. i don't think kamala harris. there you go. i treat a senior -- larry: 80 is the new 60. 80 is

what would that do to this country, art laffer, i ask you?it would be, it would be really very bad for the country and you're completely right. she does have it in her dna. she is a government person from the beginning of time. when bernie sanders wanted single-payer she was right there with bernie. she believes that in the core of her core. now her pollsters tell her don't say that. it will hurt you in the election. she is very cognizant of that. and she may shift. bottom line she is going to do it. she is going to put that through. that will be your health care plan. she should put through medical price transparency the way trump tried to do in his administration, put the executive order in. biden went along with trump. he put in the executive order as well. she is backing away from all of that, because she doesn't believe -- she believes government is the answer to every problem and the private sector is the cause of every prompt. that's in her dna. that is where she has been all of her life and she is not going to change on that, larry. s

art laffer will weigh inw" cont. . so i started my own studio. with the right help, i can make this place i love even better. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. choose advil liqui-gels for faster, stronger and longer-lasting relief than tylenol rapid release gels. because advil targets pain at the source of inflammation. so for faster pain relief, advil the pain away. enjoy your risk-free trial. ♪ hello, can you hear me? i sure can! ♪ everybody hear me? i sure can! ♪ do you hear me? i sure can! ♪ so, can you hear well? i sure can! hear well, feel well, from your first appointment. try our new nearly invisible solution risk-free. call 1-800-234-7090 now. >> what she is took? her economic spiel as well, i will not hesitate to take on a major corporate interest that is taking advantage of you and exploiting prices. david: that is not happening. gene that is not happening with. >> food, prescription drugs, to help lower prices. >> but, gene, please,. >> to have the negotiation

arthur laffer. trump-nomics, two, trump-nomics three, whatever it is called., art. >> thank you, larry. larry: kamala harris wants citizenship for millions of illegals. run right through. by the way, here is a better story, elon musk helping trump to find 800,000 votes. wow, sean duffy, batya ungar-sargon, deroy murdock on all of that. me coming up here on "kudlow." arthur, we appreciate re through the chase mobile app. jen x is planning a summer in portugal it. let's go whiskers. jen y is working with a banker to budget for her birthday. you only turn 30 once. and jen z? her credit's golden. hello new apartment. three jens getting ahead with chase. solutions that grow with you. one bank for now. for later. for life. chase. make more of what's yours. [water flowing] [water flowing] [phone dings] oh my god. what? the host is coming back. (♪) [birds chirping] [phone dings] meanwhile, at a vrbo... oh my god. what? i got onekeycash on this house. hmm... [water flowing] hmm... when other vacation rentals throw curveballs, try one that gives rewards. hi, i'm sally.

art laffer with me now. all right, art.mic plan to raise the corporate tax rate to 28% from 21%. what would that do to the economy? >> well, what we know what happened when we lower the corporate profits tax rate to 21%, it paid for itself. the deficit actually went down as a result of those revenues. in the two years after it was done, we also know that the us gdp severed itself from europe and in fact, we grew 2.5% higher gdp as a result of those tax cuts. we also know that the poorer the minority after those tax cuts were at their lowest levels. if she's going reverse that you're going reverse the results, stuart. facts is facts and that is what will happen, and i don't know why someone doesn't tell her that but that's the truth. stuart: but it's not just about raising money. it's about ideology. harris hates, harris dislikes business and wants to punish business. that's where it's coming from isn't it? >> well that could be. i mean, maybe she's just misinformed. if she is misinformed there should be an economist on her

former reagan economists art laffer thank you for joining us greatly. >> hurricane is hitting hawaiiow is the big island and dealing with the heavy rain and winds there? robert raise on the ground. >> hurricane hone tracking south of the big island affecting all of the hawaiian eyes of the biggest impacts right now on the big island. we wilwe'll have more after this break. [♪] did you know, how you feel can be affected by the bacteria in your gut? try new align yogurt coated probiotic fruit bites. with a delicious apple and blueberry-flavored fruit center and yogurt coating, each bite is infused with added probiotics, to help promote a healthy digestive system every day. plus, they're packaged in individually-wrapped pouches, for daily digestive support on the go. look for new align yogurt coated probiotic fruit bites online and in the digestive care aisle of your local retailer. brand power, helping you buy better. take an ekg from anywhere, but with 6-times the data. can your smartwatch do that? introducing kardiamobile 6l, the fda-cleared ekg that provides six-times more heart dat

david: is so wonderful to see you arthur laffer appreciate it. art: thank you very much.nd again potential to change the course of this whole election and we will be talking about it with - when kudlow continues. it's seen a bit of a ♪ ♪ ♪ ♪ ♪ they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety- clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours. ♪ i have type 2 diabetes, but i manage it well ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart ♪ ♪ as time went on, it was easy to seeee ♪ ♪ i'm lowering my a1c ♪ jardiance works 24/7 in your body to flush out some sugar. and for adults with type two diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis tha

art laffer with us this morning. tim walz is very liberal.ght those were the policies that harris was trying to get away from, and governor desantis has called this most left-wing ticket in history. what do you say? >> i think, i think desantis is correct on. that i was just hoping and praying, stuart, that he'd pick jared polis from colorado which would have been a perfect combination for her, but she chose not to do that. jared polis would be great but walz, i think, just file piles on -- piles on further. stuart: she wants to reverse all of the liberal policies of the past and come out as a shining moderate. how does she do that with governor tim walz by her side? >> well, she doesn't. she doesn't do it just by herself either. she's been co-author of all these policies, stuart, for almost four years now. she has to own those policies. she's told that she's going to reverse the trump tax cuts and that means raising the corporate rate from 21 back up to 35 or whatever it is, you know? those are all very bad sets of policies. these are all --

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to protect president trump anyone running for presidentor vice president a lot of threats we are laffering undercover agents with information about attempted plot of a pakistani man learning through media not investigations the department of homeland security fbi secret service not willing to share information with any of us so far. maria: you were great on that hearing that day with the cheatle in terms of holding her to account let's talk about holding the democrats to account new vice president pike tim walz in lockstep on border he signed a law last year, granting drivers' licenses to illegal migrants free healthcare for illegals passed measures to make illegal mielgs for policies, governor of minnesota in focus violent crime in minnesota up 30% on under his leadership, the police force shrunk nearly 40%, nearly 50,000 people left the state between 2020 and 2022 not to mention in charge during 2020 rites over death of george floyd what does this ticket tell you about where kamala harris wants to bring america? >> well shocking really, how far left the democrat party has gone this is mo

jd vance sounded like steve forbes and art laffer curve, that is what he said.revenue tax rates down. >> encouraging work, he did raise that issue, democrats are always trying to suppress work that is not good forhe ecomy. >> and regulation, talk to real people, small businesses, that crap they have to put up work so people see it stories work. larry: barber shops. >> don't say regulations are bad, here how is it is bad and it is costing. >> 100%. we'll go for it liz peek, steve forbes thank you. >> thank you. >> thank you. larry: coming up pure appeasement, seems to be harris-walz plan to deal with iran. -- biden-harris plan to deal with iran, we'll talk about it with senator joni ernst next on crowd kudlow stickw around. lo o. (marci) i'm sorry. (luke) we've got seventeen thousand more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com. ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance! -it's a little pill with a ♪ ♪ big story to tell. ♪ ♪ i take once-daily jardiance ♪ ♪ at each da

laffer and his napkin in the restaurant from my economic days. >> in other words, if you tax people zero state the ones that you would like to stamp duty property stamp duty, land tax because it's a transaction based tax, it's 12% at the higher level, ludicrously high. and it means that all those painters and decorators and white van man that comes in and white van man that comes in and gets involved and helps their businesses , they've got their businesses, they've got that one. >> don't get that because corporation tax, should that come corporation tax we want to see low. >> it's the low of businessmen. it is the lowest. >> it should be lower in the g7 at the moment. >> so we shouldn't get too carried away with your business. >> when you had corporation tax nigel lawson did fantastic rates. well why don't you return to lawson and we definitely. >> i've said we definitely need to be looking at corporation tax small business tax as well. the taxes we really need to lean on and get down are the ones that drive employment and jobs and growth. yes. so we need tax reliefs on investment.

larry: i'm telling you, and when we had dinner, art laffer had a little dinner for a bunch of us, he,edy, jr., inscribed my book on jfk and the reagan revolution where i described the tax cuts. >> that's great. larry: i'm not saying he is a wild supply-sider but i am saying he has something in common with trump on keeping tax cuts going but just one political thing, kellyanne, he is in some key states. he is on the ballot in some key states. he expects to be on the ballot in couple more key states. i know michigan, arizona, nevada that could be very damaging to biden, very positive for trump. >> yeah, very damaging to harris,. larry: i mean harris, sorry. >> larry, this is important, because as you know, you know what, it is all the same but she is, larry this is important what you're saying because in 2016 donald trump won by 77,000 votes in three states, pennsylvania, michigan, wisconsin, where jill stein the third party candidate was on the bat roll. biden turns around 44,000 votes in three states. you have third party candidates there. i think rfk, jr. coming on board, telling his

you know, art laffer and i and a few others had dinner with him, i don't know. i'm going to say two, three months ago and we actually talked taxes and money a little bit, because his uncle, john f. kennedy was a very good economic president but i digress. what i want to hear from you is these reasons. i mean, he doesn't agree with president trump on everything. probably about half way, i don't know how you see it but these are important reasons, i would think. more or less populous reasons. >> i think one of the big takeaways here is larry you influenced kennedy to endorse trump and helped bring him your way on the economy too, just like you do the rest of us, but you know, i think they don't have to agree on everything but one of the important things is they agree that like the rest of us that harris be an absolute disaster for our country. we've already seen what she's capable of because she's been part of the failure of the last four years. if we don't want more inflation, a completely open border, absolute disruption and chaos across the global stage, then w

we were talking with art laffer yesterday. the property taxes are going up faster than his income.why then you need that second job because it's the maintenance cost, the car insurance. not just the gas, right, or the home price is up. everything else around you and the insurance is going up that makes that unsustainable. the federal reserve did a great study that people older than 65 or making less than $45,000 a year are the biggest job seekers right now. that vulnerable population right now is desperate. >> dana: we had a man out of georgia. >> sandra: part of this is lawlessness running up car prices and auto insurance. >> car prices are up 30% since biden-harris took office. crime. whether it's vandalism of a vehicle or theft of a vehicle, that is certainly driving up insurance costs. you look at tiktok as an example. there were videos six to 12 months ago teaching kids how to teal kias and hyundai. >> dana: there are fewer traffic stops now because of defund the police and pullback and more speeding which leads to more accidents and the car insurance piece is one of the reaso

i want to find out now if she is buyer, laffer-tengler ceo, cio, nancy tengler.cy, before this, i know that you have, that you already own starbucks and also chipotle. and for me this move, brian nichols, there is not a better, you couldn't think of a better person to get for their company, even better than the founder i think this is the best news ever. the question obviously i think you will hold starbucks but will you sell chipotle now? >> charles, as you know, being an investor is being in perpetual state of dissatisfaction. i got up this morning and i was thrilled to hear the starbucks, nichols going to starbucks news, and then very disappointed to hear that he was leaving chipotle which is a member of our 12 best ideas portfolio. we own starbucks in our etf, tgr, i'm happy with that i think it was the right move but there is a pretty deep bench at chipotle and scott boat write has been nichols right-hand man. he will step in as interim ceo. he has done a lot of the morale building among employees. the operating efficiencies have fallen under him. so i think

after all, the big, the grand, look, jd vance sounded likes steve forbes and arthur laffer curve, thatat he was saying, revenue, tax rates went down. revenues went up. >> encouraging work. he actually did raise that issue. the democrats are always trying to suppress work. that is really not good for the economy. >> and on regulation, go out to talk to real people. >> yes. >> small businesses, the kind of crap they have to put up with so people see it. stories work. larry: barbershop. >> don't say regulations are bad, here is how it is bad, how it is costing you. larry: 100%. we'll go for it. liz peek, steve forbes. thank you. >> thank you. larry: coming up folks, pure appeasement. that seems to be the biden-harris plan to deal with iran. ooh i'm wrong i would be happily be wrong. that is what i'm hearing. we'll talk about it with senator joni ernst next up on "kudlow." please stick(l around.orn ♪. (stylist 1) oooh you got your corn pudding... you got your corn chowder... (marci) so... is it safe around here? (stylist 2) sometimes. (luke) if a family of eight were to need a cold plunge,

we were speaking with art laffer on our program just an hour ago and having a policy where you cut propertyree and sitting at home and dealing with the rising cost of everything, even if you paid off your mortgage, if your property taxes are going up more than your fixed income, you now can't afford to live in that home. >> sandra: and you can't prepare for that. that is a major uncertainty for so many who would be on a fixed income. >> i like the pool cleaner, that's in california. i'm not worried about that one. >> sandra: appreciate you gu guys. thank you so much to both of you. john? >> john: all right, sandra, president biden flying under the radar is vice president harris it's the campaign trail. white house insiders say he is still working, but what is he getting done? plus this. >> dishwasher now. jessica, can you get these plates and put them on the table please? cleanup on aisle 12. anybody? >> sandra: the surgeon general is saying parents today are now dangerously stressed out. so what exactly is causing this? dr. marc siegel will join us on that next. meet the jennifers. jen x.

we want to bring our guys come art laffer it, and robert wolf, former economic advisor for president, good day to both of you. i guess, art, i don't know, is it $44 trillion? was that the number that bernie sanders put out there? >> it was a very large number. it was a very, very large number. but what you are seeing here with kamala harris is an inexperienced person who has never been in the private sector. she has been in government, a lawyer, all her life. like my undergraduate students, they all believe they have a very simple solution for the get into it. they think a simple solution is one payer pays all, get rid of all of the deadweight and get rid of medicare for all and that is what they think until they gt experience and then they find out it doesn't work and it really works very much to the detriment of the receivers of the health care services. frankly, that's what she is going forward. it's a very intuitive solution to her but it is wrong. >> bill: costs a lot of money. robert, i know you have sources. >> yes. >> bill: the problem is it is a blank slate right now. her en

the problem is what generates the most revenue and where you want to be on the laffer curve, if you raiseoing to increase actual revenues. both sides look for advantageous scores. so, i mean, it's a fair question of what should the optimal tax rate be. it just gets polluted, you know, with legitimate ideological concerns about where that number should be. >> yeah. >> it's not just about -- it's not just about the laffer curve, it's about how companies expand domestically or whether they expand internationally, and -- and there is a number where they are not going to -- not going to build here. maybe it's not where it is right now, 21. maybe they will be able to build here at 25, but there is a number, and i mentioned joe wolk a lot, built an $8 billion facility that would not have been built here, maybe it would have been at 25, but, you know, hans, i've off -- i want zero. fur want to tax -- it's de minimus, discretionary, you know. it's 7% of what you raise of total revenues, right? >> yeah. >> it's not going to solve anything increasing taxes on corporations. it's just a fairness issue