our business analyst jill schlesinger joins us. the numbers don't seem to square. who is cheating? >> according to the i.r.s. it is the small business owners who are under-reporting their income by 43%, a big number. now, i don't want to suggest small business owners are bad guys and gals. it's just that they have an opportunity to report. remember, most of us are w2 employees. our companies are reporting what we make to the i.r.s. we don't have a chance at doing it. but even in these small areas, tbhoaks have baby sitters or nannies, 90% of them are cheating on their taxes, just suggesting that perhaps we're not quite as against cheating as we say we are. >> axelrod: it seems to be a 87 opportunity. the i.r.s. also talks about something called the chump factor in explaining cheating. what is that? >> reporter: the i.r.s. found in a survey 73% of americans think that other wealthier americans are using tax loopholes that they don't get. so imagine if you think someone else is getting something, you tonight want to feel like a tax chump. you want to feel like you are exploiting the

cbs news business analyst jill schlesinger is with some answers.morning. >> reporter: good morning. >> all right, jill. i guess the labor numbers were just released. what did they find out? >> reporter: well, you know, earlier this week, the labor department released some numbers about the types of jobs we hold. and retail salespeople and cashiers they are the nation's two largest occupations. 4.5 million and 3.3 million people respectively hold those jobs. the average pay for them? $12.20 an hour for retail, $9.82 for cashiers. they earn well below the mean for all occupations. that mean is $22.33 an hour. or $46,000 a year. in fact, i went to the 10 largest occupations on the list. only registered nurses who earn about $69,000 a year had a wage that was above the mean. >> wow. jill, what about on the other end of the spectrum? which jobs are paying the snows. >> reporter: well, you might be surprised but doctors still doing okay, anesthesiologists make the highest average salary of any profession, $235,000 a year. and now what's funny? everyone t

jill schlesinger live for us in new york. thanks. >>> 5:41.mart cars found tipped over on bay area streets. coming up, the investigation into the bizarre string of crimes. >> reporter: good morning, i'm roberta gonzales and it is opening day for san francisco giants baseball season. and we're going to take you out to the ballgame. can happily let life get in the way, so you can finish the great american novel while planning for tomorrow. banking for the life you have investing for the life you want chase. so you can [boy] mom!ughs] [mom] yes? [boy] whoa,whoa,whoa... [mom and dad] [laughing] [boy] whoa,whoa,whoa... [mom] you've got two left feet,boo. pranksters h >>> police in san francisco are investigating the vandalism of some very small cars. pranksters have been tipping over tiny smart cars causing significant damage. joe vazquez brings us reaction from some of the unhappy owners. >> it was right here. >> reporter: this was andria smith's smart car just after a group of loud pranksters turned it upside-down. >> we heard the crashing sound.

jill schlesinger, thank you. >>> 5:40 right now.up, a baskin-robbins employee in belmont is accused of serving up much more than just ice cream at the counter. >> and a creepy photo in a terrorist magazine hits close to home. do you know where this is? why the fbi is weighing in. ,, bulldog: [yawning] it's finally morning! i can't wait to get to mattress discounters good and early for the tempur-pedic bonus event. i'll have first pick from the huge selection of tempur-pedic mattresses. then, i'll get to choose $300 in pillows, sheets, and other free gifts. on top of that, up to 48 months interest-free financing. it's a beautiful day for mattress discounters' tempur-pedic bonus event. mmm, some alarm clock you turned out to be. ♪ mattress discounters wirethey're big. fast. andome. dependable. and at net10 wireless, we let you tweet, text, talk and surf... on those amazing nationwide networks... without getting locked into a pricey phone contract. america's best 4g lte networks for half the cost. that's wireless your way. unlimited* t

jill schlesinger, thank you. >> thanks jill. >>> 5:40 now. happening today, those fancy tech buses back in the spotlight at san francisco board of supervisors meeting. there's a hearing scheduled to appeal a shuttle pilot program that was planned to roll into effect july 1st. they use muni stops for a fee. this was a video of a protest against the buses earlier this year. the city's largest employee union seiu is spearheading the appeal. they're calling for an environmental study before those buses roll. >>> it's 5:41. three marines come to the help of a stranger. the vicious attack after a rowdy crowd turned on them. >> and if you're yoga pants are not tight enough, lululemon fixed that problem too. the pr move behind spray on yoga pants. i'm not kidding. >> so very excited to be hosting the late show tonight. >> drew carey goes to the late show. why the "price is right" host is hanging up his hat and his unlikely replacement. ,,,,,,,,,,,,,,,,,,,, fans in southern california this one left three marines seriously hurt. >>> another fight betwe

the opposite of secretary of defense/injured -- schlesinger.er to shoulder with his generals and they greatly appreciated it. secretary mcnamara went the other way. >> host: april 1975 where are you when saigon fell? they remember that day? >> guest: i was in the pentagon. i do remember it. >> host: what was it like? >> the day saigon fell, i was the assistant to secretary schlesinger, our ambassador in saigon at the time, ambassador martin didn't want to leave, wanted to be the last man out, what we were trying to, what schlesinger was trying to do was get everybody out so it was more a focus on the tactics of not leaving anybody behind a special your ambassador rather than the larger picture. the larger picture didn't set in until several months later. >> host: isn't that the ambassador's job to the last out? or am i wrong? >> guest: holy cow, they were coming with tanks. at some point you have to say mr. ambassador, the military says we are leaving, get on the plane and let's get out of here. that is -- the scramble at the end is terrible an

jill schlesinger, thank you so much. >>> 5:41.g today, it's time to break out the -- happening today it's time to break out the rally towels as the stanley cup play-offs start. the sharks begin another post- season run downtown san jose this evening hosting a rival from southern california. the l.a. kings. game one of the first of seven puck drops at 7:30 p.m. traditional kickoff rally will begin at 5:00 this afternoon. autumn street right outside s.a.p. center. go, sharks. >>> 5:42 on this thursday. a 2-year-old from the east bay took a nap and nearly died. the remarkable effort that saved his life coming up. >> also, hundreds of people in central california are forced to quickly run from their homes. what had authorities so concerned that even the air force got involved. and then cover the papi. announcer: the moment babies are born, their brains are forming the connections that determine how they learn...think...and grow. in the sky. [ babbles ] talk and read to your children from day one. this is tomato soup. announcer: their

jill schlesinger, thank you. >>> 5:42 right now. 49ers fans were outraged when the seahawks blocked theming tickets to the nfc championship game. well now it could cost the nfl millions. >> and the effort to save a south bay landmark is gaining some momentum. more on the latest victory for the dome. coming up. ,, ,,,,,,,,,, ♪ ♪ ,,,,,,,,,, thank you! thank you! dedicated bankers born to go the extra mile. you've been such a big help. it's what i like to do. so you can choose a bank where helping people comes first. victory on tuesday the unique dome is now elig to be considered for the tional historic re >>> only on 5, a century 21 theater in san jose won a small victory on tuesday. the unique dome is now eligible to be considered for the national historic register which could potentially save the building and validate its place in history. but as kiet do reports, there's still a chance history will be ignored and the building demolished. >> reporter: it's only been three weeks since it closed but the once majestic century 21 theater dome is now literally a shell of its former self. befor

jill schlesinger thank you. >>> 5:41 right now. a scary incident on a flight bound for northern california. how passengers prevented a potential disaster. >> and exactly one year after the attacks at the boston marathon, a special ceremony to honor those killed and injured coming up. ,,,,,, we're actually eight-weeks pregnant. [women] shut up! [brother-in-law off camera] we're pregnant! [woman] you're kidding me! [man] shut up! [woman] shut up! [screams] take the kid,take the kid,take the kid! [woman] oh my god! [everyone laughter,crying] headed for sacramento that an emergency lan >>> plenty of cameras on board a southwest flight headed for sacramento that made an more than landing in nebraska. passengers actually ended up tackling a man who could have caused a disaster while up in the air on sunday. witnesses say the man was trying to pry a door open. apparently planned on jumping out. >> we -- basically tackled the -- i don't want to say gentleman. but the guy who was back there. and pinned him down. he was going to do bad thing

cbs news business analyst jill schlesinger.ble to avoid this book y is it creating such a buzz. >> we heard about income inequality in the past 5 or 6 years but what pickety is talking about is wealth inequality. he's saying that we are in a situation that could be setting up for dynastic wealth, meaning family to family. if you are not born rich, you aren't going to be rich it this is bad news for the middle class. >> jeff: the realities today of being in that middle class are what sm. >> not so great right now. median household incomes since the end of the recession is down 4% to about 53,000. college tuition at public universities has skyrocketed. tuition rising at about twice the rate of inflation. that means if you went to school say in 1976, you might say oh, no big deal, college stud cost about 10 or 11 grand, today it's 26,000 today. we are 19th in retirement preparedness on a national and glogg all retirement index. and finally, on housing? there's an alarming study out of ucla that says baby bombers are being forced t

so my first person, i'd say, would be secretary schlesinger. the best combat leader that we have right now is general mattis, but he just retired. i think general odierno did much more than people though he did in iraq. so i think we've had, i'd put those three, odierno, mattis and schlesinger, as being -- >> host: and general odierno, currently army chief of staff, correct? >> >> guest: he is. he's the army chief of staff. >> host: leo's calling from the bronx. you're on booktv on c-span2 with bing west. >> caller: thank you for having me. my question is, i've seen on c-span michael scheuer, a retired cia analyst, speak. and he said that saudi arabia is funding the most extreme mosques around the world including the ones in pakistan. and those mosques provide suicide bombers which attack american-nato troops in afghanistan. what's your take on that? >> guest: i have no reason to dispute what michael scheuer has said. absolutely no reason. trying to, trying to break the financial network, i think, is something that we just have to keep working

cbs news business analyst jill schlesinger is here with us. jill, reason to celebrate? >> i love a milestone. i think it is great news, but we lost a lot of government jobs. so, in order to really get back to total payroll employment gere we were before the recession, we have to add over 400,000 more positions, so we still do have a ways to go. and i also want to remind you, of course, we have 10.5 million people still out of work, so the job market is not completely healed, but it's great news. sts lor: economists blame this bitter winter for slowing the job market down. what's the future? >> i think things are looking good. i speak to a lot of different of differ who see some green shoots in the data. so, a few things to think about. allop saw it's employment index rise to the best level since 2008, which is fantastic news. we know that small businesses are actually complaining that they can't find people. well, they weren't hiring. so, looking for people is a really good sign. i think we're going to see a pickup in employment. >> glor: worth pointing out, any of thes

jill schlesinger in the toyota green room.f dollars. that's ahead on "cbs this morning." ♪ return to sender address unknown ♪ >> announcer: this portion of "cbs this morning" sponsored by party city. nobody has more easter for less. hi. what did you do to deserve that thin mints flavor coffee-mate? it's only one of the most delicious girl scout cookie flavors ever. i changed the printer ink. try coffee-mate girl scout cookie flavors. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. [ female announcer ] every box of general mills big g cereals can help your kids' school get extra stuff. they're the only cereals with box tops for education. you

i think of their relationship and the partnership between jacqueline kennedy onassis and arthur schlesinger and theodore sorensen and teddy wait for eleanor roosevelt relationships with the number of people who helped to define franklin roosevelt's legacy. my hope for this book will help us to remember as we remember him today and a very real efforts that went into that and a price. thank you. i would love to take some questions if there are any. [applause] >> what is your opinion of daniel epstein's book the lankans man which covers some of the same material that you have talked about? secondly, what do you think about the recent biography? >> i like them both very much. epstein is really a literary man , a poet, scholar of literature. i think he was trying to do a different project. it draws and other characters. we're looking at different questions using the same people, but it's a beautiful read. the biography is magnificent. if you are interested in how comprehensive -- i should not say this. if you're interested in a comprehensive biography don't buy my book, but you want to read both

. >> cbs news business analyst jill schlesinger joins us to explain how you can reboot your retirement good morning. >> reporter: good morning. >> so how do we start? >> reporter: well, first of all, i just want to say that people are feeling a bit more confident about retirement. 18% say they are very confident up 5 points from last year, 37% say they're somewhat confident. and that does mean that more than half of americans are feeling pretty good about the future. as you might expect, the higher the household income, the more confidence increased and more people were able to save for retirement. >> the big word save. why don't we save more? >> reporter: well, according to more than half of the respondents, they say there's just nothing left after they pay for the general cost of living and day-to-day expenses. now, this jibes with two trends that are pretty tough. we have a double whammy of disappearing pension funds over the last three decades and stagnant income over the last 15 to 20 years putting americans behind the eight ball for retirement. in fact, the u.s. ranks a dismal 19

and cbs news business analyst jill schlesinger has some advice for living arrangements.l i guess the big question who's moving back home? >> reporter: well, according to ucla center for health policy and research, the recession and the slow recovery forced many adult children home. so from 2006 to 2012, the number of kids moving back home to their folks in california which i would say is a pretty good prophesy for the nation soared by 63%. we would expect the big increase for young adults right? those aged 18 to 29 a 56% increase. but check out these numbers for the baby boomers who are aged 50 to 64. that group saw a 67% spike in the number of people moving back home with their parents. >> that is amazing. well these multigenerational arrangements are often the only option but you say parents and kids need to have the tough conversations before they move back together right? >> reporter: absolutely. regardless of the age of your kids, you really need to discuss the logistics. some of the questions to cover include can the children contribute to household expenses? if so

jill schlesinger is here. good morning. >> good morning. >> so is this a good thing? >> this is a great thing if you're a shareholder. this is rewarding shareholders for their patience. apple stock reached $705 a share way back two years ago, it's been a long haul. haven't been a lot of new products since then. so we've got three components here. the company is going to increase its share buybacks it's going to give a little boost, a quarterly dividend increase of 8%. it's also going to do the 7 for 1 stock split. a stock split doesn't add anything to you. it doesn't mean if you're a shareholder you get more value, but it could lure smaller investors into the fray could increase the liquidity, could see the stock rise. >> activist shareholders have been pushing apple to do this. >> carl icahn has been squawking about this for a long time. when you're sitting on $155 billion and you're not giving it back to your shareholders and not buying anything or creating anything new, shareholders are impatient, they want some money. >> they haven't introduced a new product in se

cbs analyst jill schlesinger is with us.ning. >> who are they going to target? >> they're going after the wealthier taxpayers. if you make more than $1 million, your chance is 11%. over $200,000 3.3%. but everyone else less than 1%. in fact, 1.4 million were audited last year. that's lower since 2005 and it has to do with the budget cuts at the irs. we've seen it slashed by 8% since 2010. really deep cuts there. >> what's the downside because to hear that there's going to be less audits does not seem like a un un down side. >> and patriotic. if you need service you're in trouble. the irs get 1/00 million phone calls, okay? is that's just astounding. of those phone calls, only 61% got through. that's down dramatically. 87% got through ten years ago. how about the average hold time. you call the irs, your average hold time 17.6 minutes. ten years ago it was 2.6 minutes. >> and they say your call is important. i love that line. >> so what should one do if they're having trouble getting in tumble with the irs and they have serio

analyst jill schlesinger is here. good morning. >> reporter: good morning. >> what's going on with google and what does it indicate? >> i think specifically with google, they're really trying to make this transformation to the mobile market. most of us are accessing the internet through our mobile devices. but the ads are smaller and you get paid less for clicking on those ads. that hurt google. i want to point out it's one quarter, the stock is doing phenomenally well, the company continues to make interesting acquisitio acquisitions. this is just one moment in time. but it could have been caught up in a little bit of a tech downdraft. >> what about this tech downdraft? >> since the end of february, beginning of march there has been a slow and steady selling of some of the biggest, high flying technology stocks that we saw last year. we're talking about those biotech stocks. it's anything that your cousin said he made a lot of money on that you didn't own. it's the biotechs, social stocks, internet stocks. >> so it's

i think of their relationship and the partnership between jacqueline kennedy onassis and arthur schlesinger and theodore sorensen and teddy wait for eleanor roosevelt relationships with the number of people who helped to define franklin roosevelt's legacy. my hope for this book will help us to remember as we remember him today and a very real efforts that went into that and a price. thank you. i would love to take some questions if there are any. [applause] >> what is your opinion of daniel epstein's book the lankans man which covers some of the same material that you have talked about? secondly, what do you think about the recent biography? >> i like them both very much. epstein is really a literary man , a poet, scholar of literature. i think he was trying to do a different project. it draws and other characters. we're looking at different questions using the same people, but it's a beautiful read. the biography is magnificent. if you are interested in how comprehensive -- i should not say this. if you're interested in a comprehensive biography don't buy my book, but you want to read both

he wanted to be the last man out if he had to get out, and what we were trying, what schlesinger wass get everybody out of there. and so it was more a focus on the tactics of not leaving anybody behind, especially your ambassador -- [laughter] rather than the larger picture. the larger picture didn't set in until several months later. >> host: isn't that the ambassador's job, to be the last out? or am i wrong about that? get him or her to safety? >> guest: well, holy cow, i mean, they were coming with tanks. at some particular point, you have to say, mr. ambassador, the military says we're leaving, get on the darn plane and let's get out of here. so that's why you have, i mean, the scramble at the end? oh, it was terrible. and leaving behind all those -- it was awful. but the focus at the time was just extracting them. so it wasn't until later that the full imbolter of watching -- imbolter of watching the helicopter taking off and hands reaching up to grab it, that didn't set in that day. that set in over the course of the next month or so. >> host: bing west, being at the pentagon d