producer bob english who is staunchly approach to increasing taxes on small businesses and mark levine who believes in leveling the playing field with sales tax fairness between online and traditional retailers so mark can you please tell me why you think this though is good for american because first of all this is not a new tax consumers are already required to pay sales. axes are what they call use taxes on the things they buy the question is whether people should be able to cheat and avoid these taxes and people have been cheating and avoiding these taxes house really for about twenty years because even though you are required to pay them most people don't pay them they don't know they're supposed to pay them they don't fill it out on their tax returns what this does is says that best buy and target don't have to get punished because of amazon or e.-bay or an online retailer it exempts small retailers those that have revenue under a million dollars and they give states sorely needed aid just from the tax cheats what's the problem how do you think people are really keeping your taxe

all right so bring some clarity and too big to fail on the dodd frank i spoke with to experts mark levine the former legislative counsel to representative barney frank and he's now the current host of the inside scoop as well as mark calabria who's the director of financial regulation studies at the cato institute. on the the force. because i think that some of the fundamental assumptions are do you think too big to fail is an economic issue or you think it's a political issue and quite frankly i don't think getting one company is so big and of course it's also important to remind the option is not necessarily fail we all probably flown on a bankrupt airline there are ways to take these things in bankruptcy continue to keep them going turn debt holders in the creditor to debt holders in equity holders and keep these institutions going rather than a false choice of bail out or liquidate so my point is that i think too big to fail is fundamentally the perception by the marketplace on whether you will be assisted by the government so it's a question of whether government officials will step

first we continue with the great one, mark levin.'s go with the new story, and that is the government tapping the a. p., their phone records, and they have been doing it for months. we have benghazi and the irs scandal and now this invasion into people's privacy, what do you make of it? >> apparently they tapped 20 lines for the associated press, affecting about 100 reporters. i was the chief of staff to an attorney general in the reagan administration. i can tell you if we did that, that wouldth end of anything. there's one thing to do leak investigation bus that is such a broad attack on such -- on a news agency. i never heard of such a thing. when some of us are trying to defend the second amendment or nine amendment and fourth amendment, the constitution generally, the first amendment, free speech, the first amendment religious liberty and the media thrown in with this administration and basically or the pretorean guard for this administration, the day would come and the day has now come where freedom of the press is under attack

here now is democratic analyst and syndicated radio host mark levine, cnbc's mark acosta and author of the book "branding america." bob, i want to go to you, bake amy, holder says never involved in the prosecution of the press for publication of material, but he approved, he approved the rosen wiretapping or e-mail tapping or g-mail tapping or whatever. he approved it. how could he have made this other statement under oath? >> it's the looming question on capitol hill, larry. expect washington to press holder for his role. one thing i'm hearing not just from republicans, why hasn't the president let him go? he is already causing headaches for the white house? they will continue tore investigations and hearings. >> i'll get your take, as you know, holder and obama are very close. on the other hand, the precious map, what we reported was apparently said, he can't lie before congress. he was unoath. >> i mean, larry, he perjured himself. so he needs to go, number one, agree with this nbc contributor. he needs to go, will he go? i guess probably not. what more under this guy's administrati

than paying the corporate income tax but can you blame them for doing this well i have with me mark levine of the and sides and mark calabria of the cato institute to give us the mark to market breakdown on our fall. so is there anything illegal or immoral to what happens there is nothing illegal to what apple is doing apple is taking advantage of the united states tax system i think united states tax system has a problem and needs to be changed because what apple does is basically it goes to the lowest tax country can find joy in the british virgin islands which charges a very very low tax rate and keeps all its money there so it's not even paying the european tax rate or the chinese tax or the other countries where it's going if we simply charge every country every company in america and appropriate rate it could be lower i mean if i were twenty five percent to repatriate funds in they'd come back in to be used to the economy they would have to go through these machinations and this illegal or immoral well it's not illegal and i don't think it is immoral either i mean we will agree the p

so this was mark levine and mark calabria thank you very much for joining me thanks for coming. and it's time for the daily do a lot joining me. great to be here for the dual thanks. so banker or gangster if you are not disgusted and nuff about all the issues that are surrounding too big to fail i know it's frustrating but i have the cake topper for you and as i mentioned earlier the american banker reported that the c.e.o. median pay among bankers increase levon percent in two thousand and twelve some of these bankers walk a fine line between crooked and legitimate and that the same time we have our favorite hip hop artists who get a bad rap for making their fortunes catering to these underground economies so what we're going to do we're going to play a little game we're going to juxtapose our favorite financer isn't hip hop artist and then we're going to let the control room decide if we've got ourselves a banker or a gangster all right you ready i'm ready thank you all right let's go so first we have dr dre while we're still waiting for this rapper his next album detox we hav

my he buddy mark levin back in march of 2,012-cent out a letter to the treasury inspector general whichtold me he today led to him being interviewed about this particular issue and when you look he had a list in his complaint in the letter of the questions that they are asking. have you ever done any media? i mean really? that intrusive into people's lives? >> it is inappropriate. the irs are the biggest profilers in the business and if you have any kind of conservative leaning background afelliation they will target you and come after you. this isn't speculation. they are admitting it. there should be further investigation. see what other groups et cetera were profiled and regardless of partisan process, no american should be targeted because of their belief and then taxed unjustly because of it. that is ju unconstitutional, immoral. >> sean: imagine if this was a republican nixon by the way was accused of it -- >> let me tell you something else here. you're right. duplicity is unreal. we are sending out a letter to the internal revenue service demanding that the remainder of our clien

mark levin, thank you very much. john mccain is giving the president the benefit of the doubt but doesn't mean he still has a lot of doubts. what the wants in nine minutes. but first, they fine you for screwing up your return. what should be their punishment for screwing around with the constitution? how about jail. when regrets don't cut it, maybe some jail time will? so...how'd it go? well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. >> neil: got away with for years. now my next guest wants to make sure they go away for years, if true. he is pushing new legislation that would make irs bullies pay big-time. you know, i tell you, congressman, it is a little disturbing that the irs can even get away with doing this sort of thing, and furthermor

i want to resize but i think we're going to hear and more about this mark larry after kato and mark levine the host of them. thank you very. time for the day lead to a lot of joining me as prime interest producer bob inglis we're getting closer i can almost feel the bitcoins in my head so that will never happen. there. well we've had some very important economic data that came out today at the consumer price inflation and has actually printed out a negative point for monthly data but just to be clear the yearly debt is still one point one percent it's positive in the fed is well under its two percent threshold so they can throttle till till kingdom come apparently so this is technically do you feel you should were thinking well at least on the monthly level but again you have to look at the yearly level and also the month to month figures they're pretty volatile so you'd have to look at an average i'm not too worried about bernanke being scared of deflation right now i don't think any of my bills went down but we know that the fed is closely looking at this data is that how they judge the

i tip my hat to you, jay, you and mark levin have been the motivatg forces, complaining on behalf of your clients like kevin to the irs for a long time now. before we had admission, before we had inspector general reports saying it's so, they've been doing what you said. you smelled a rat. you knew they were up to no good. let me start with you, jay and tell us why and how. >> first of all mark levin's organization, landmark legal, did a great job getting the inspector general report started. he got the report started and he's done a great job and i appreciate what mark's done. i want to pet an end to a myth. this letter is from the washington, d.c. office of the internal revenue service involving one of our clients in albuquerque, signed but not just an agent but a tax law specialist who is a lawyer with the internal revenue service. the notion this is some limited low-level staff -- that's over with. this is out of washington, d.c. the narrative that the administration's putting forward and jay carney keeps talking about, it's not an if, they have apologized for it, which by the wa

were sekulow american for law and justice as viewers must know by now, without you without mark levin may never have known what the irs was doing because all these groups started complaining and they went to lawyers like you and talked to levine about it as well and said i think i'm being targeted and a lot of people didn't believe them. you actually did believe them and you pressed and pressed and pressed. >> we did. >> megyn: so, to your credit now here we are seeing lois lerner take the fifth or try to. let me tell what you allen different wits had to say about this on our radio interview on news max tv after openly identifying himself as we all know as a liberal democrat saying he agreed with trey gowdy that she waived her right, listen. >> and i'm a liberal democrat. the republican congressman is obviously correct. you can't simply make statements about a subject and then plead the fifth in response to questions about the very same subject. once you open the door to an area of inquiry, you have wade your fifth amendment right. >> do you agree? >> i think allen has made and so has

. >> mark levin says dammit!ake -- >> yeah, it was a cover up so she needs to be shot in the vagina -- >> because she planned the whole thing. >> stephanie: he describes himself as a former coca-cola executive. he suggests he is ready for national syndication. >> sure. >> give me a show, i please! >> give me a show, or i'll shoot you in the vagina! >> stephanie: right. i am a radio talk show host ready to take my show to the national syndication. >> and i'm ready to be queen of bell -- belgium. >> stephanie: sadly, the radio industry probably can handle this guy. it's for stations that go michael savage is too reasonable and modulated. we need someone like that. >> that was also a little echoey, it sounded like he was doing it from his dining room -- >> maybe we could give him some of these things. >> stephanie: right. or maybe he'll end up in a room that already has padding. [ laughter ] >> that would help. >> stephanie: for his protection. >> a rubber spork. >> for his truth and honesty. >> stephanie: right. th

. >> [inaudible] i'd like to follow -- [inaudible] hi, my name's mark levine. i want to follow up on the question on syria, because the things that you mentioned -- promoting democracy, not being shackled by dictatorship, not having the arab street hate us, the idea we need to get rid of assad but also prevent extremist elements to take over syria, they seem to me to be going in the wrong direction right now. you presided over a very successful war in kosovo, an air war. there's certainly no extremists there, it's a free country. libya, i think, was also a relative success. do you think in hindsight if we had done some sort of no-fly zone two years ago, al-qaeda would have been less likely to infiltrate the free democratic people that were just trying to get their freedom, and given the mess there is now, let me ask you to be specific, what do you think we should dosome. >> if my grandmother had wheel, she'd be a bicycle. you know, if, if, if. [laughter] you know, i think that the question -- i can understand what happened all along here. in terms of -- and let

mark. let's bring in larry levin, are there any naysayers down there? a few bears that you work with. are there? >> yeah, there are people standing behind me, stuart, and the short-term traders are trying to sell the market and not having any luck at all. the people having good luck with the markets are the ones you mentioned, opening up their statements and pretty excited to see what they're seeing and not touching this market. but certainly there are short-term traders selling the market and not making any money at all. stuart: you can look at the bets being placed right now. how many are betting the market goes down and how many are betting it goes up, quickly? >> i would say it's about 80% saying it's going up, and 20% saying it's going down. and bigger overriding people saying it's going up. [bell ringing] >> the opening bell has rung, and look at the indicators and expecting a gain, maybe a couple of points, a 4 points loss, look where we are, the dow opening around 15,050. we've never seen that before. and i've got a key dow component to report o

in san francisco marked the 60th anniversary of the end of the korean war and paid special tribute to 7 world war ii veterans. the mc for the ceremony, korean war veteran wallace levine. he was recognized for his works as the commander of the american legion post 44. then in mrez santon, veterans were honored by the community at the pleasanton senior center. there was free barbecue at the veterans memorial building in downtown pleasanton. then in al immediate, big turn out to recognize veterans there. today's guest speaker was coast guard rear admiral schultz. >>> and in danville a man who was awarded the country's top military decorations spoke to military families who have endure it had greatest sacrifice of all. kpix 5 ann was at today's ceremonies. >> all gave some; some gave all. it's days like this we're reminded what that really means. >> the parents of corporal sean, united states army who was killed in iraq. >> it wasn't just about honoring the past as vietnam veteran and congressional medal of honor recipient john said. >> we also face the reality of ongoing losses from our 12-year war on terrorism. >> one by one, gold star families stood up to honor their