for robert frank which is just that. it has been scientifically proven that singing is good for you for your soul as well as your physical being and if you need more proof look no further than this next report every year of the baker vest and bomb there's a campus concert which brings together young german musicians and young musicians from another country and share it singers from leipzig with sing us from johannesburg in south africa and they premiered a brand new piece by young south african composer chap ode so ted see in bomb on thursday evening. the climax of an unusual musical encounter on the campus project spic moment that bonds of beethoven festival. and the encounter began here in johannesburg the bustling metropolis in south africa the 6 young women from leipzig here for the 1st time members of an acapella ensemble called her way into the swedish word for subtle they are here to meet 6 singers from southern africa. and the 1st rehearsal just 6 the african singers and whaler hit it off right from the start mak

gallery in berlin is now exhibiting robert frank on scene and anonymous and his photographs provoke the curiosity of the world that he sees his gaze a radical frankness unpolished spontaneous and sometimes even intrusive. thanks this was one of his favorite photographs. i think said i have in mind chose a black couple in a park in san francisco and they look at the photographer i've asked the viewer kind of shop and angry because he's taking a picture. of the exhibition also displays only unpublished photographs which he took in europe again we see the close look he takes of people in all walks of life with the enduring paris london he's telling the narrative with a visual language. later in life he also makes films and videos he's rolling stones tour documentary it became a scandal that the way they were doing it was not. just a few days ago robert frank died at the age of $94.00 he started in 1941 and he photographed until last year or maybe the beginning of this year that's like so i have to croak like all. was 7 years in the war of photographs and films and it's it's an enormous amo

to see old gallery in berlin is now exhibiting robert frank unseemly and anonymous and his photographs provoked the curiosity of the world that he see his gaze a radical frankness unpolished spontaneous and sometimes even intrusive. thanks this was one of his favorite photographs. i think said i have in mind shows like a couple in. i guess san francisco and they know that the photographer had asked this of us i'm kind of shocked and angry because the significance of. the exhibition also displays only unpublished photographs which he took in europe again we see the close look he takes of people in all walks of life with the interior paris london he's telling the narrative with a visual language. later in life he also made films and videos he's rolling stones tour documentary became a scandal that you had a hey what we're doing here is not you can't. be. just a few days ago robert frank died at the age of $95.00 and he started in 1941 and he photographed until last year or maybe to be getting a this year that's like so i have to croak like almost 70 years in the war of all the photograph

to see our gallery in berlin is now exhibiting robert frank on scene and anonymous image and his photographs provoked a curiosity of the world that he sees his gaze a radical frankness unpolished spontaneous and sometimes even intrusive. thanks this was one of his favorite photographs. i think said i have in my shows a black couple in a park in san francisco and they look at the photographer assistive us kind of shocked and angry because he's taking a picture. of the exhibition also displays early unpublished photographs which he took in europe again we see the close look he takes of people in all walks of life with the enduring paris london he's telling the narrative with a visual language. later in life he also made films and videos he's rolling stones tour documentary became a scandal that he went to haiti what we're doing here it's not. just a few days ago robert frank died at the age of $95.00 he started in 1941 and the photograph who killed last year or maybe the beginning of this year that's like so i have to croak like almost 70 years in the war of photographs and films and needs it'

thank the swiss american photographer robert frank was one of the most influential photographers of the 20th century renowned for his role and expressive style which changed the course of documentary photography he captured ordinary people doing ordinary things finding guarded moments and intimacy in his subjects a retrospective of his work just opened and planned long before the news came of his death last tuesday of the age of 94. a seemingly tranquil image behind it is a history of the question sacred a shame and racism this photo is just one of hundreds which made robert frank a legend. the father of both the americans captured in $950.00 s. in the united states the photograph taken of a months of traveling across the country 6 s'posed the heart of america. it was a group that really made history in the united states because it showed pictures that nobody wanted to see moving because they showed another america and this is the picture that people had in their minds to change the course of photography and a change the new people have of america of the 1960 s. brad method. response fr

to see our gallery in berlin is now exhibiting robert frank unseen an anonymous merchant his photographs provoke the curiosity of the world that he sees his gaze or radical frankness unpolished spontaneous and sometimes even intrusive. thanks this was one of his favorite photographs. i think said i have in mind shows a black couple in. paga san francisco and they look at the photography all i ask of us i'm kind of shocked and angry because he's taken a picture of. the exhibition also displays only unpublished photographs which he took in europe again we see the close look he takes of people in all walks of life with a in zurich paris a london he's telling the narrative with a visual language. later in life he also made films and videos he's rolling stones tour documentary became a scandal that the where they were originally not you can. be. just a few days ago robert frank died at the age of $94.00 so he started in 1941 and he photographed until last year or maybe to be good of this year that's like so i have to croak like almost 7 years in the war of all the photographs and films and it

world these days is robert frank guys, thank you very much.robert frank, jon fortt, seema mody we'll see you again in just a few minutes here. >>> all right, wednesday's fed meeting didn't just bring a rate cut, it also revealed one of jay powell's top tactics -- saying nothing, according to economist greg ipp he joins us next to discuss. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ >>> well, it took fed chair jerome powell more than a year, but the chairman appears to have figured out how to say nothing to the press so, is tt a good thing or a bad thing f

here is robert franke. >> senator bernie sanders launching a wealth tack proposalle cut billionaire 15n half over the next thee plan follows elizabeth warren's wealth tax that huss lifted her in the polls. >> what we are saying to the billionaire c ss is stop the greed. stop the greed. op the corruption. stop stepping on everybody in order to makend more more billionaires. >> sanders' plan wld attack taxpayers worth 32illion or more or about 180,000 household in the u.s. it's sliding scale starting at 1% but quickly rising to 8% for those with over $10 billion. je bezos would pay 9 billion in wealth tax this is year under the plan with his income tax property taxes and capital gains taxes. bi gates would pace an 8.5 billion-dollar tax bill while rren buffett would pay around 6.5 billion. the top ten in the cntry would pay $60 billion in wealth tax this is year. the economist advised sanders estimates it would raise 4.5 trillion in revenue ever over the ten years twice warren's plain. it would entirely close the gap inap wealth growths between billionaires and the average american famil

for "nightly business report," i'm robert frank in manhattan. >> above manhattan. before we go, here a look at the day on wall street. theow fell 2 pointso 27,076. the nasdaq was down 23. the s&p slid 9. that is "nightly business report" tonight. i'm sue hereks. than for joining us. >> i'm. th bill grif have a great evening. we'll see you tomorrow. woman: this is "bbc world news america." is made possible by... e freeman foundation; by judy d peter blum-kovler foundation, pursuing solutions for america's neglected needs; and by contributions to this pbs station from viewers like you. thank you. laura: this is "bbc world news poamerica." ing fras

and here in berlin we'll be looking at a retrospective of the great photographer robert frank which is just opened. it has been scientifically proven that singing is good for you for your soul as well as your physical being and if you need more proof look no further than this next report every year of the baker vest and bomb there's a campus concert which brings together young german musicians and young musicians from another country this year it's singers from leipzig with singers from johannesburg in south africa and they premiered a brand new piece by young south african composer chetwode so ted see in bomb on thursday evening. the climax of an unusual musical encounter on the campus project speak moments that tones beethoven festival. and the encounter began here in johannesburg the bustling metropolis in south africa the 6 young women from leipzig here for the 1st time a members of an acapella ensemble called her way into the swedish word for subtle they are here to meet 6 singers from southern africa. and the 1st rehearsal just 6 the african singers and whaler hit it off right fr

robert franke has our story. >> the luxury watch industry is under pressure. gro and trouble in hong kong, the world'sss largest swi watch market. but one segment is becoming. online sales of preowned or used watches. analysts say preowned sales are growing twice as fast asew sales and will soo top the $20 billion a year in swiss watch exports. so wat makers, well they're fighting back. adam rp gate one of the most ite appear profitable brands is lawmakering a program to buy and sell preowned watches in the retail stores. buying back from a client who may trade up, refurbish and repair and offer it for with a warranty like certified pr owned cars. like cars new jewelry and certai wates can fall 20% or more in value once they leave the store. now they are starting small given ct and time of restoring watches buthe company says the move is it less about added profits and more about better serving clients, cracking dn counterfeit and managing resale provides for watches that figures >> they only took care of their he secondld and nefrp one. so basically we, the w

and here in berlin will be looking at a retrospective of the great photographer robert frank which is just opened. it has been scientifically proven that singing is good for you your soul as well as your physical being and if you need more proof look no further than this next report every year of the bait have vested balm there's a campus concert which brings together a young german musicians and young musicians from another country and share it singers from leipzig with singers from johannesburg in south africa and they premiered a brand new piece by young south african composer checked out so ted see in bomb on thursday evening. the climax of an unusual musical encounter on the campus project spink moment bones thank heaven festival.

and here in berlin we'll be looking at a retrospective of the great photographer robert frank which is just opened. it has been scientifically proven that singing is good for you for your soul as well as your physical being and if you need more proof look no further than this next report every year at the base of best involved there's a campus concert which brings together a young german musicians and young musicians from another country and share it singers from leipzig with sing us from johannesburg in south africa and they premiered a brand new piece by young south african composer chap ode so ted see in bomb on thursday evening. the climax of an unusual musical encounter on the campus project spink moment bones thank heaven festival.

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robert frank explains.e >> sre calling it the million dollar marriage penalty. and it could create a new incentive for the ultrawealthy to file for divorce. >> your first 50 million, don't worry, you're in the clear. but for your 50 millionth and first dollar, you have to pitch in two cents. and t cents for every dollar after that. just two axnts. >> analysts say couples with $100 million or less couldvoid the tax by divorcing. sptting that fortune in half and putting each taxpayerel the threshold. a couple would pay a1 million annual wealth tax. if they divorce, they pay nothing. paperle could divorce on and s pll live the same lives in the same house, since the irs does not challenge legal divorces f tax reasons. the divorce loophole is one of countless ways the wealthy would gain wealth taxaining far less revenue than warren is emmanuel saez told me, they could shrink this loophole by taxing single taxpayers for any wealth over $25 million. 80% of top wealth holdersre married, they had not yet focused on the issue. you can bet that divorce attorneys are certa

robert frank died monday, in nova scotia. s 94 years old. >> woodruff: and there's more online, where we take a closer look at one of frank's most enduring images from his book "the americans."at on our website, www.pbs.org/newshour. ord that ithe newshour night. i'm judy woodruff.at for all of uhe we'll see you soonk you, and >> major funding for the pbs newshour has been provided :f >> bnsrailway. >> consumer cellular. >> financial servicejafirm raymond mes. >> the ford fodation. working with visionaries on the frontlines of social change worldwide. >> carnegie corporation of new york. supporting innovations in education, democratic engagement, and the advancement of internatial peace and security. at carnegie.org. >> and with the ongoing supporte of tnstitutions and individuals. >> this program was made y the corporation for public broadcasting. and by contributions to your pbt ion from viewers like you. thank you. ns captioning sed by newshour productions, llc captioned by media access group at wgbh access.wgbh. >> you're

dom chu, meg terrell and robert frank.'t sit next to any of them on the plane. >>> coming up, he used to tackle his opponents on the football field and now is helping players tackle their finances. patrick kerney is here in studio we'll see if he flies next to the young -- >> and he's huge. israegooeds some ext l rm. th story is next read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ a new kind of credit card. created by apple, not a bank. with a better way to track where you spend. a new level of privacy and security. daily cash you get back every day. and no fees. not even hidden ones. oh, and if you happ

as robert frank tells us now, one college had the foresight to protect itself wit insurance. >> reporter: as colleges and universities brace for a decline in the number chinese students, one school has found , solutiinsurance. there are more thanha 360,000 students from china w study in the.s. every year, a number that is now under threat as the trade war makes visas and jobs for chinese nationals harder to get. but the university of illinois is prepared. two yearsago, the university's business school and the engineer schoolought an insurance policy that would pay out if there's a substantial drop in revenues from chinese students. now, it't' unclear if it will b trigged this year since the student numbers are still rolling in, but the population of chinese students at the time last year. for the first chinese student visas are falling nationally. the insurance was the brain child of jeff brow an economist whose researchocuses on insurance and risk management. when he became the dean of the business school in 2015, heie wo about a potential drop in the university's more than 5,000 chines

robert frank tipaldi. hector tirado, junior. michelle lee. vladimir thomas. john j. tobin.stephen kevin tompsett. christopher michael. naris torres. abdul karim traore. walter phillips. daniel patrick tramped. james anthony. glenn traverse senior. alicia traylor-bass. gregory james trost. william tselepis. michael patrick tucker. ching ping tung. donald joseph tuzio. lance richard. jennifer lynn tzemis. simon james turner and my father michael patrick tucker with the best father ever. we love and miss you every day. robert tommy, john g. and my brother, we love you always and miss you still jonathan j.. alan upton. donny and marie. john damien vaccacio. vaccacio. broadly hard just vadas. william valcarcel. felix antonio vale. i've been vale. benito ballantine. santos ballantine, junior. carlton francis. the pendyala vamsikrishna. kenneth w. van auken. bruce van hines. daniel m. van laere. edward raymond vanacore. charles vander vander. david vargas. scott vasel. azael ismael vasquez. santos vasquez. peter vaga. sankara sastry velamuri. lawrence veling. anthony mark ventura.

i want to note the passing of rornt frank who was one -- robert frank who was one of the most influential. frank died monday i n otia at the age of 94. he was bornoductory -- introducn of the book was written by jack kerouac who wrote with that little camera he sucked a sad poem out of america on to film. annie liebovitz who was a younger photographer called the book, "the americans," her bible. she said he looked at america as no one else had before even if it wasn't pretty. frank said i was tired of romanticism, i wanted to present what i saw, pure and simple. he did. and that book, you know, more than 50 years later is still a landmark for almost every photographer i meet. >> a landmark today. a classic. at the time, initially -- >> a lot of people didn't like it. america was in the post-war period of prostator, didn't want to see -- prostator, didn't want to see it that way. >> in an interview, robert frank, age 90, was still angry. some things you don't forget. >> that's the beauty of photography, though. you can't change -- once it's there, you can't change it. good we have document

send it soon. >> robert andrew spencer. >> mary rubina sperando. >> frank spinelli. >> william spitz.joseph patrick spor jr. >> clause sprockamp. saranaa srinuan. fitzroy rose. >> michael f.stabile. lawrence t. stack. timothy m. stackpole. >> richard james stadelberger. eric stahlman. >> gregory stajk. >> alexandra stan. corina stan. mary stanley. anthony starita. jeffrey stark. >> derek james statkevicius. patricia j.statz. craig william staub. william stekman. eric thomas steen. william railroad steiner. alexander steinman. edna stephens. andrew stergiopoulos. andrew stern. norma lang steuerle. martha jane stevens. >> michael james stewart. >> richard h. stewart jr. >> sanford m. stoller. douglas joel stone. lony jay stone. >> jimmy nevill storey. timothy stout. thomas strada. james j.straine jr. edward w. straub. george j.strauch jr. edward thomas strauss. steven r. strauss. larry strickland. >> steven strobert. >> walwyn wellington stuart jr. >> benjamin suarez. >> david scott suarez. >> ramon suarez. dino xavier suarez ramirez. yoichi sumiyama sugiyama. william christopher sugra.

feet of office space let's bring in scott crow at center square investment management and also robert frankfollowing this for us closely. robert, these are just the biggest cities that they have a presence but you your point is as we look to its cash needs, to its profitability going forward, all of these cities are exposed. >> and i looked at the systemic risk whatever happens with the ipo, is it just isolated to wework. and if you look at new york,off 5 million square feet of office space, there are at least 18 buildings where they make up more than half of the total space in those uildings. and when they lease a building, they do it through a special vehicle. it is not wework itself. wework only guarantees 11% of its leases they have $34 billion worth of long term leases so when you spread it out over all the millions square feet, you wonder what happens to the developers and the lenders to those buildings. so there is a lot more at risk here than whether wework comes in at 47, 20 or 10 >> a great point it does though affect how much money they can rise at the ipo, how much money do you

and i've loved every minute of it. >> let's bring in robert frank sort of a larger than life figure.he really was i've been lucky to meet a lot of successful people, but he really was special. he was one of these guys that truly lived life to the fullest. everything he did, he did with a full heart he was warm. he was funny he loved being engage in the world. i was there last year to profile the ranch, his 64,000-acre ranch. and on that ranch he has his childhood home that he was born in, holdenville, oklahoma. in that home in the closet of his bedroom there's a little trap door where he used to keep all the money he was making from his paper routes to hide from his mom and even at a young age, he was so much more successful than other kids on his paper route and, you know, to see that house, that little clapboard house from holdenville, oklahoma, where he grew up in and became this titan of wall street, it was hard for me to manual that life and it was great for him to have that on his property to remind him where he came from. >> robert for someone of his level of success and wealt

send it to me. >> robert andrew spencer. >> mary perando >> frank spinelli. >> william spitz >> josephk spor junior. >> klos spockamp >> sranaya srinuan >> michael stablee >> timothy stackpoll. >> lawrence stack. >> richard james stadelberger >> gregory stajk >> alexandru stand. >> karina stand. >> mary stanley. >> anthony starita. >> jeffrey stark. >> derek james statkevicus >> patricia statz >> craig william staub >> william starkman. >> eric thomas steen. >> william r steiner. >> alexander robbins steinman. >> edna stevens. >> andrew stergiololis >> andrew j stern. >> normal laying steurle >> martha james stevens. >> michael james stewart. >> richard h stewart junior. >> sanford stoller >> douglas joel stone. >> lonnie j stone. >> jimmy neville story. >> timothy stout. >> thomas strada. >> james straine junior. >> edward w strauss. >> george strauch j junior. >> edward thomas strauss. >> stephen r strauss. >> larry l strickland. stephen strobert >> walwyn stuart junior. >> benjamin suarez. >> david scott suarez. >> ramon suarez. >> dino ramirez. yoicic sugiyama >> william sugra >> w

wouldn't raise revenue or we would lose them, absolutely >> wonderful >> robert, thank you >> robert frank keep it to myself. thanks for watching "power lunch" >> tune into "fast money" for more "closing bell" starts now. >> welcome to the "closing bell." i'm wilfred frost. it's been a volatile day here at the new york stock exchange. we opened higher, then we were down 1% at the lows. we've recovered a bit, but still down three quarters of 1%. politics the driving force behind that. stock-specific stories, too. all of which coming up in the next 59 minutes. >> i'm sara eisen. welcome, everyone. look at what's driving the action in the final hour it's the white house and momentum for impeachment today president trump promising to release new details of his call with ukraine while speaker pelosi will have a formal announcement this afternoon. the president also taking a somewhat hawkish tone on china at the u.n., potentially underminin

robert frank is here to explain the marriage tax >> yeah.he million dollar marriage penalty. elizabeth warren will tax up to 2% over 50 million if you have 50 million or less you don't pay any tax. the couples could avoid it by divorcing. cups they would pay zero. the warren proposal entails a $1 million a year effective marriage penalty the divorce strategy is just one of many ways the wealthy could gain the tax and generate far less revenue than the 200 billion that warren is projecting they could reduce the loophole by loring the exemption for single taxpayers he said the 8% of top wealth holders are married so they haven't focused on this issue. it's one of many ways and there are countless where the wealthy could figure out way around this what the issue here is how much revenue would it really generate by the time they figure out ways around it. >> the idea, populating income is hard enough but calculating a person's wealth every seingle year and valuing businesses and real estate. >> and art and cars and jewelry. >> all of it depends

that the government is leaning on >>> coming up, exclusive peek into new york's tallest building robert frank> reporter: good morning, carl. we're looking down on the empire state building from the 123rd floor of central park tower, which as of tomorrow will be the most expensive, tallest residential tower in the world will it sell in a tough market we'll gi y tveouhe numbers and amazing views after the break. this is his family, the world he's built, for 72 years. ♪ this is hal's heart. it's been torn. broken. and put back together. this is also hal's heart. this is the cardiologist his brother recommended. and this is hal's relief, knowing he's covered. this is hal. his heart and memory keeper, and it's beating better than ever. this is what medicare from blue cross blue shield does for hal. and with easy access to quality healthcare, imagine what we can do for you. this is medicare that cares back. this is the benefit of blue. >>> here's what's coming up top of the hour. debating the future of the rally, oil prices are surging, stocks are riding a winning streak what happens next. and big

>> i've been on regard saying this is a fad, but i'll say you know robert frank said something interesting other day in a different context. used to run coca-cola, told robert that the best thing that ever happened to coke was pepsi and if pepsi didn't exist, he would have to invent a pepsi the best thing to happen to these two companies is to have both around because the competition is a great imptous for growth however, two things have to happen for these companies prices have to come down because right now, they're three times regular meat and i forgoat what the other one was but i'll think of it. >> i don't know if they have to come down. here's why cause think the younger generations are accustomed to paying more. go ahead >> these are n a healthy alternative so they niese the change the recipe to make it healthier at risk of the flavor. >> back to my point about young people spending more they're willing to spend $5 on coffee, prices don't have to come down for starbucks for people to want it. people got accustomed to paying more the educational background is thing, it's not just abo

amy: the pioneering photographer robert frank has died at the age of 94.was best known for "the americans," a groundbreaking collection of black and white photographs that captured life in the united states in the 1950s displaying raw images of racism, poverty nd inequality. frank once told the "new york times," "my mother asked me, 'why do you always take pictures of poor people?' it wasn't true, but my sympathies were with people who struggled. there was also my mistrust of people who made the rules." and today marks the 18th anniversary of the 2001 attacks n the world trade center and pentagon. just under 3,000 died on 9/11. hundreds more ave died from 9/11 related illnesses over the past 18 years. memorials are being held across the country today. and those are some of the headlines. and those are sosome of ththe headlines this is democracy now, democracynow.org, the war and peace report. i'm amy goodman. today we spend the hour with greta thunberg, the 16-year-old swedish climate activist who has inspired millions across the globe. last year as a 15-y

wouldn't raise revenue or we would lose them, absolutely >> wonderful >> robert, thank you >> robert frank. >> what an outrageous tweet. keep it to myself. thanks for watching "power lunch" >> tune into "fast money" for more "closing bell" starts now. >> welcome to the "closing bell." i'm wilfred frost. it's been a volatile day here at the new york stock exchange. we opened higher, then we were down 1% at the lows. we've recovered a bit, but still down three quarters of 1%. politics the driving force behind that. stock-specific stories, too. all of which coming up in the next 59 minutes. >> i'm sara eisen. welcome, everyone. look at what's driving the action in the final hour it's the white house and momentum for impeachment today president trump promising to release new details of his call with ukraine while speaker pelosi will have a formal announcement this afternoon. the president also taking a somewhat hawkish tone on china at the u.n., potentially undermining hopes for potential trade talks in october and some disappointing data here at home. home price growth loses momentum consumer

later in his career, frank continued to shoot photos and film, largely focusing his lens on america's least privileged, rather than the powerful.nk robert monday, in nova scotia. he was 94 years old. >> woodruff: and there's more online, where we take a closer a loone of frank's most enduring images from his book "the americans."ou that's owebsite, www.pbs.org/newshour. and that is the net.hour for toni i'm judy woodruff. for all of us at the pbs newshour, thank you, a 'll see you soon. >> major funding for the pbs rovided by:ilbeen p >> bnsf ray. >> consumer cellular. >> financial services fi raymond jame >> the ford foundation. n working with visionariese frontlines of social change worldwide. >> carnegie corporation of n york. supporting innovations in education, demratic engagement, and the advancement of international peace and security. at carnegie.org. >> and with the ongoing support of these institutions and individuals. >> this program was made possible by the rporation for public broadcasting. pbsfr contributions to yo statio viewers like you. thank you. captioning sponsored by newshour productions, llc captioned by media acce

robert franke is here with that. >> the richest americans have a net worth of nearly $1 trillion butand on wealth tax plan was in effect since the 80s. they would have less than half the economists creating the tax say say side from raising $200 billion in revenue it would reduce the welt cap between at the those at the top and bottom. the tax would be 2% on welt over $50,000,003% on wealth over a billion if in place since 198. jeff bezos weather only 87 billion. sintsds 160. bill gates down to the last 336 billion losing nearly two thirds of the frrn and warren would have to get by upon a mere 30 billion. but you can tell with the annual wealth tax poefr a long period of time, it really has an impact on the top. >> it does but this is how warren and co should frame it with the smrking only hearing small vinyls not anything large 36 billion left for buffett so what. >> still ahead of a lot. i think the issue more is how much it would raise. and i think, you know, to the point larry somers and said look it's more than 25 billion a year instead of 200 billion a year. i don't think anyo

robert frank >>> coming up, working in a professional kitchen usually means working nights and weekendslittle to no flexibility. 'lta tthe ceo of an app that's working to change that. right after this >>> the tight job market mixed with constant shuffling of employees has create d a labor crisis in the restaurant industry the turnover rate in the restaurant sector is 82% my next guest is a form er chef and restaurant opener who recognized the need to fill positions quickly so he created an app for that to help fill eateries with workers. joining me now is the -- of paired how many people use this app >> we have over 100,000 restaurant professionals on our platform >> are they getting work within the same day, the same hour? >> yeah, they can get jobs within a couple of hours and some work out their schedules for weeks and mobts. >> chef, dish washers, waiters, waitresses >> we cover everything from the back of the house like dish washing prep cooks and line cooks to bar backs and bartenders >> do you think this is going to be the way that people, i mean i would imagine the first priorit

. >> right thank you all, appreciate it dom chu, courtney reagan and robert frank >>> coming up next,ec chairman will weigh in on everytnghi to brexit and maybe on these tweets. we're back in two. we trust usaa more than any other company out there. they give us excellent customer service, every time. our 18 year old was in an accident. usaa took care of her car rental, and getting her car towed. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. we're the gomez family... we're the rivera family... we're the kirby family, and we are usaa members for life. get your auto insurance quote today. ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return home. ♪ ♪ >>> welcome

here to take on the headlines are courtney reagan, robert frank and seema modi welcome, everybody first up, smile direct club. not a great debut. shares opened below their ipo price. down nearly18% this is on pace to be the worst ewunicorn debut of the year. even worse than uber, because that was down 7.5% we just mean a billion dollars in size or larger. not great. >> not great and it's also interesting how many other competitors are out there. there are two or three that have been rise e raising a lot of pr equity one told "the wall street journal," everyone has teeth, everyone has noses, too. but we're not going to have nose straightening technology over the internet >> i hate hearing the total addressable market it's everyone with a pair of teeth. is someone going to invent a better mouse trap? candid is a company i've seen all the time >> leslie's interview was terrific where she was raising some medical concerns from doctors and orthodontists about gum disease and all these other issues which are scary >> if you look at align technologies, that stock is down over 50% it's patents

very wealthy individual is going to bring us up to date robert frank is here with a preview.>> yes, you can. announcing his wealth tax, bernie sanders said billionaires should not exist jeff bezos would pay 9 billion a year under this. we'll take a look at the sanders and warren plan and who would feel the burn coming up after the break. focused on the long term. who look beyond the spreadsheets to understand companies, from breakroom to boardroom. who know the only way to get a 360 view is to go around the world to get it. can i rely on deep research to help make quality investment decisions? with capital group, i can. talk to your advisor or consultant for investment risks and information. talk to your advisor or consultant the ncome on.y glc. [ cars honking ] it's so late. yay. it fights traffic. no parking. -i told you. oh, a spot! hold on. it fights tension. seriously, did you take my phone? passenger light on. it even fights...fighting. innovation that keeps people together. the 2020 glc. lease the glc 300 suv for just $479 a month at your local mercedes-benz dealer. >>

robert glatzel. chelsea manager frank lampard believes there've been more than four refereeing mistakes through the user referee mike riley, who's responsible for the use of var in england, said yesterday that four decisions should have been changed by var but weren't. lampard disagrees. i won't agree with four, because it was five. i was surprised that didn't refute. all managers will probably have their own minds that that was a clear penalty. maybe we should have all expected a bit of a in between process or we are all coming to terms with it. i don't think any intention about it. definitely not form what i've seen. they are try to get every thing right. but i would appreciate is admitting some irregularities, something that wasn't quite right. arguably the most intriguing match of the premier league weekend features manchester united and leicester city at old trafford. the visitors will arrive unbeaten, whilst united haven't won since the opening weekend. and when you look at the the table, no doubt leicester will have hopes of a top six finish, perhaps at united's expense. that would be interestin

our robert frank joins us to explain, i guess, robert. >> good morning.helped elizabeth warren create that wealth tax are now pushing for a tax on charitable giving the two at the university of california berkeley say as part of any new wealth tax, certain types of charity should be taxed to curb abuses the first is private foundations. they have about $850 billion in assets right now so bill gates, for instance, would be taxed on his $100 billion in personal wealth along with the more than $40 billion that he has in the bill and melinda gates foundation that would include money given to that foundation by warren buffett. the second would be donor advised funds. they hold $110 billion the economists say people who give to donor advised funds or foundations, they still control that money until it's distributed to charities so, quote, such wealth constitutes individual power and, therefore, it makes sense to make that wealth taxable now, warren has not said publicly specifically how charity would be handled in her wealth tax she has proposed 2% on wealth ov

gillian: so robert frank, the economist, says that you are so popular in the state of montana, quote, despite the state's deep conservativism, you're the only democrat with a shot at beating the republican incumbent senator next year. are you tempted? are you thinking about getting into that race if you don't go all the way in 2020? >> no, we're going to have good candidates, actually to take on steve gaines. i'll do everything i can to support those candidates, but we have to be talking about awesome places like north dakota, or indiana or missouri, places where democrat senators used to win and we need to make sure we have somebody at the top of the ticket who has won in a red or purple state if we want to make the victories across it country and i believe i can do that, but we will have good candidates in montana, it won't be me, it will be everything i can to get him or her elected. gillian: governor, if what you really want to do though going into next year is move the party forward, make sure the momentum stays with democrats, you want to unseat president trump, you have to kind

robert frank has more on that. xes, what's not to like carl icahn says he's moving to miami next year for the warmer weather and slower pace. but taxes may also be a factor florida has no income tax or an estate tax and those tax rules make it much more expensive to live in high-tax states like new york 70 financial services sfrims already moved to palm beach county in the last few years david tepper, barry sternlicht have all packed up and headed south. in 2017, about 64,000 people moved from new york to florida that's about in keeping with the historical average, but tack experts says that pace has recently accelerated now, icahn who is 83 is worth about $18 billion. he's the fourth richest new yorker, but in florida, he will be the number one richest. guy, back to you >> maybe he just wanted that title. >> it's worth it alone, right? >> yeah. thank you, robert. >> thanks, guys. >>> up next, china adding u.s. agricultural products to its tariff exemptions. this as the two countries gear up for more trade talks nex

robert frank has more. >> it welfare tax is 2% telt on wealth, if you have $50 million or less, you don'touples with $100 million or more could avoid the tax by divorcing, split the fortune in half, and put each taxpayer below that threshold a couple worth $1 million, i they would pay a million dollar wealth tax but if they divorce, they would each make 50 and wouldn't pay he talks about a $1 million-a-year penalty i was told they could lower the exemption for single tax peayers so individuals would be tacked on $25 million, which would make that much less lucrative and he said 80% of top wealth holders are married, so they have, quote, not focused this issue. guys, back to you. >> guys getting divorced i love the warren plan all right. i guess. thanks, robert. >> thank you, guys. >> that was a real pick-me-up. "squawk alley" starts in a few moments. don't go away. the dow is down 56 through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotel

democratic presidential candidate bernie sanders unveiling his income inequality tax plan robert frafr robert frankquarters with the details. >> it is time to send a message to america if you do not end your greedy corruption, we'll do it for you. this would cover companies with revenues more than $100 million. the tax kicks in when a ceo is paid more than 50 times the mediocre salary of a worker. rising to 5% for companies who make more than 500 times more than the madi-- they have larger forces and lower paid employees, or those companies with operations in developing countries. mcdonald's, for instance, would have had to pay an extra $110 million in taxes last year under the plan walmart would have had to pay 80$800 million more. some of the other companies with larng p large pay gaps include chipotle, kohl's and gap is one of the highest. this all made possible by a recent s.e.c. rule that requires companies to disclose that pay gap. this is the problem. there are no set rules for how companies have to calculate that median pay already in the two years we've had it, we've seen big changes in wh

robert slatzer and frank capell signed a contract to produce the book. bob slatzer would be credited with writing the book and capell would remain secret. >> with capell on board slat descrer also -- slatzer. he reintroduced clemmons from the l.a.p.d. >> the scene seemed staged. >> marilyn was stretched out face down on the bed. obviously she had been placed in that position. i was shown the night stand by her bed it was 8 or 10 empty bottles that contained medicine. i looked in the bathroom for a glass that had been used, there was none. >> he reported there was no drinking vessel in marilyn's bedroom and he questioned how she was able to swallow the medication. you can see a drinking vessel. one of a series of 12 vessels she purchased in mexico. it iches believed that might have been the vessel taken into police evidence. >> clemmons said when he arrived, eunice murray was washing something in the washing machine and twhawts suspicious. soot implication was she was destroying evidence. as the first responding officer he did not investigate what she was

. >>> democratic presidential candidate bernie sanders proposing a new corporate tax plan robert frankbert >> wilf, it's called the new inequality tax and companies with the biggest pay gaps. that applies to companies with revenues of more than $100 million, both public and private companies where the ceo makes more than 50 times the median worker salary. it starts at a half percent, goes up to 5% for companies whose ceo makes more than 500 time the median worker sanders says it would raise more than $150 billion a year the companies that would be hardest hit are mostly in retail, chains mcdonald's, for instance, would have paid an extra $110 million, walmart $108 million, some of the other companies include chipotle, coca-cola, dollar tree and kohl's the s.e.c. requiring companies to disclose the gap between the ceo and workers. so we have data that we can now tax. >> anyone can argue that i started at the bottom, i worked super hard and risen to the top and that still applies to anybody that joins the workforce today. but the crucial difference is when they joined, most of these ceos

robert frank, the economist was quoted in his piece.planet. joining the ranks and sounding the claret for you to run for senate. i had bob menendez making the case for the importance of, the efficacy of the senate in this day in age. saying there is work that is being done. there is something coming out of the senate. your reaction to that? are you still saying no to the calls that you might consider running for senate. >> the senate is critically important. we don't talk about if sanders or warren was our successful nominee. you would have a republican governor appointing a republican senator. you know, in those states as well which would change the balance. we will have a good candidate in montana. i will do everything i can to support him or her. >> you have a question for the governor. >> governor, talk to us not as a politician but an expert in politics. do you think a democratic nominee running on a platform of medicare for all benefits health care benefits for undocumented workers, maybe decriminalization of border crossings, do

robert frank joins us with a look at what it might mean for the wealthy. >> in the race to tax the wealthyead. he aims to raise $4.4 trillion over 10 years. that's 60% over warren it will include federal revenue by about 10% all of that from about 180,000 families the way he's going to get that is a lower threshold and higher rates. elizabeth warren plans to tax wealth over $50 million. sanders would tax wealth over 32 that's about 100,000 households he would be adding warren taxes at 2%, billionaires at 3%. sanders has a much more complex sliding scale that goes all the way up to 8% that is more than four times higher than the highest wealth tax that they have ever had or had in the past in europe. it just says an example, jeff bezos would pay $9 billion under the sanders plan he promised it would cut in half the fortunes of all billionaires within 15 years. to make sure wealthy couples don't avoid by divorcing, the thresh h threshold for singles would be half of that jim is a model for all of us jim, i would ask you do all of these plans, do any of them in your view, are they workable wh