first of all, the name is absecon because we're on absecon island, ventnor, margate, longport, first litton january 15, 1857. one really cool historical future we have, too, is that the lighthouse construction was overseen by general george meade. he led the union army at the battle of gettysburg. i know, cool, right? so we were the prototype actually for the barnegat and cape may lighthouse cents in general meade oversaw the construction of them, as well, so they are known as the meade abc lighthouse cents. the second cool thing is that we still have in place at the top here the original first order lentz, a french scientist who figured out how to make a light a that could shine 19-point a naught call miles out to sea. >> impressive. >> yes. >> impressive. so, also, just as impressive, is the challenge that is happening not only here, but on several of the lighthouse cents throughout new jersey. >> yes, this is like our major event of the year for all of the lighthouse cents around the state, called the lighthouse town of new jersey. and it is a chance for people from all over the country,

to litton. that's hitting. 49-yard score. 8-0. i think it looks easy. drive, john oliver, they call him moo moo because he's always moving. true story. 34 yards of those moves undefeated. wise beat them >>> wizards final tune up before the start of the season. one of his backups not looking like a backup here. thomas sad ran ski getting up. throwing one down. wizards take the 33-31 lead. look at it again. some hops. jason smith is going to have to step up with markieff morris out a few weeks. he's been red hot. the 7-footer knocking down the three. he has 17 points. wiz finished 4-1 in the preseason. 110-103 win over the knicks. maryland hosts northwestern tomorrow at 3:30. navy at memphis, kickoff at 3:45. i know you guys heard it. hope. wizards season starts next week. >> springs how much money do you think you'll need in retirement? then we found out how many years that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell

that was tom litton, ceo of akamai technologies.oming up, will a new pricing strategy incentivize moviegoers? we will dig into regal cinema's latest test. and our interactive tv conscience, check it out, right on the bloomberg. if you miss an interview, you can go back to it, you can send our producers a message. play along with the charts we show you on air. this is for bloomberg subscribers only. this is bloomberg. ♪ winning overle is mobilephone customers with giveaways. the company added more than 6000 subscribers in the third quarter . now is twice as many as sprint. it had a less than 300,000. t-mobile is a champion of charitable commerce, giving away perks like rides, dunkin' donuts products, and netflix services to all subscribers. regal entertainment group is testing demand-based pricing for tickets, potentially leading for higher prices for top hits and low prices for flops. this would be a major shift for an industry that typically uses a one-size-fits-all approach. the company is working with an app maker which has lobbi

capital and labor, both the investors dividends and the wages of the workers -- economist disagree a litton how this breaks down but it's commonly understood that lost worker wages make up between one quarter and one half of corporate tax revenue. some actually put the figure higher than that. so perhaps a quarter to a half, maybe more, borne by workers. on top of that, you have got everything that people buy, every good, every service in the economy is made more expensive by a tax like that. and there is also diminished wages, unemployment, and underemployment that can sometimes stem from that. so in the end, i tend to view this 35% corporate tax as having some very nasty regressive effects, meaning that its least desirable qualities include if fact that it is borne disproportionately by america's poor and middle class. this is why in january i penned an op ed in the federalist that proposed eliminating the corporate tax alltogether and shifting that particular tax burden onto investors instead of workers by taxing capital gains and dividends at ordinary income rates instead of having the