lou: i was citing of steve forbes. get paid by traffic so he has to earn his own way which he hasn't yet. lou: a new way to race down the slopes. this thrill seeker performing amazing tricks. look what he's riding. it's a snow scooter. the handlebar spins and flips while racial down the slopes. this all in japan on his snow scooter. up next the trump administration warning sanctuary cities they could lose funding. lansing, michigan used to be a sanctuary city. the mayor joins me to tell us lou: michigan's capital city of lansing reversing its decision to be a sanctuary city nine days after embracing that controversial status. joining me is the mayor of lansing. you are in the spotlight now. and driving the decision basically was what? >> i have been a big fan for a long time. i had exporting america by my bedside for a long time. you were there before anybody. so look, i'm trying to do the right thing here. i issued an executive order to clarify things, to have a written policy how to deal with undocumented people. the

, the key to diffusing a dangerous situation was welcome to forbes on fox, let's find out when steve forbes, elizabeth mcdonald, bill baldwin, john and austin goolsby, is china the key here? >> if china were serious about sanctions they could choke off the north korean economy so well that kim couldn't get his hands on a cold beer. there is a lot of leakage and export controls, things could go wrong. >> of china plays serious and cut north korea off could we avoid a crisis? >> we vastly overstate the threat but assuming it is a threat, this is china's problem if north korea destabilizes the world that would have a negative impact on china's economy so the trump administration's response the china should deal with this, we should stay out of it. david:we saw some tweak diplomacy on the part of donald trump, he first tweeted north korea is looking for trouble if china decides to help, that would be great but if not, we will solve the problem without them and china got the message because the next was i have great confidence the china will deal with north korea. if they are unable to do so the

discuss president trump's executive orders today, his upcoming tax reform plan, and much more is steve forbes, forbes media chairman and editor in chief. steve, let's start with the announcement about there's going to be massive tax cuts that he popped up with today. what's your reaction to him saying something like that in the middle of all this other legislative effort? . >> it's made my weekend. i almost enjoyed that more than the baseball game. massive tax cut. and i'm glad they're putting it back on the agenda. the big mistake the republicans made in the house and the congress was leading with health care instead of a good tax cut to get this economy really moving. confidence is high, people after a while are going to want to say okay, i'm confident, where is the deliverables. i want to feel this real prosperity. the quicker they get a big tax cut done, i hope they make it retroactive, the budget people say you shouldn't do, that go do it, get a stimulus to the economy. immediate bigger paycheck, bigger paycheck and more investing in the future. it's win-win. tom: i can't give you the ye

joining me is forbes media chairman steve forbes.enior "barron's" editor jack how much and editor carol roth. don't americans want something like this. >> saks litly. cutting out so many hours, six billion hours. that is way to get to flat tax. simplicity is good. washington hates simplicity. that means they lose a huge source of power. david: it does, jack. americans pays the bills. who cares what happens inside of the beltway. americans want simple like this. don't they deserve it? >> they definitely deserve it. this might sound david, i don't mind the tax system we have. a couple of pages of code deal with collection of revenue. a few brackets, a little more from high income people, a little less from low income people. the problem is, the code is so big because it deals with spending programs, hidden spending programs. by the way i like your program. it is a good start. six of those lines are spending programs. i would reduce it by six lines. david: you would reduce it. carol, the name of this program laid out a year ago by gop,

we have steve forbes, along with americans for tax reform groample norquist.e, this has been your platform and grover's platform for some time. in light of the lack of savings they were anticipating from healthcare reform, can it still be done? steve: it can be done. one of the things the relationship cans have to do in congress is stop worshiping the congressional budget office. they need to go for a sweeping tax cut, rates across the board. say to heck with the cbo. get it passed. then make it retroactive to january 1. people see their paychecks are getting bert and they set the stage for investment which they need next year. trish: grover, we have responsibility for future generations, and the concern is the debt is already bad enough and we have to enforce some fiscal responsibility. to steve's point, if you cut tax you will help grow the economy. but are you going to be able to do so fast enough that you will be able toffset some of these burden some expenses? >> the answer is if we have significant tax reduction, there is already an agreement between tru

lou: i was citing of steve forbes. get paid by traffic so he has to earn his own way which he hasn't yet. lou: a new way to race down the slopes. this thrill seeker performing amazing tricks. look what he's riding. it's a snow scooter. the handlebar spins and flips while racial down the slopes. this all in japan on his snow scooter. up next the trump administration warning sanctuary cities they could lose funding. lansing, michigan used to be a sanctuary city. the mayor joins me to tell us lou: michigan's capital city of lansing reversing its decision to be a sanctuary city nine days after embracing that controversial status. joining me is the mayor of lansing. you are in the spotlight now. and driving the decision basically was what? >> i have been a big fan for a long time. i had exporting america by my bedside for a long time. you were there before anybody. so look, i'm trying to do the right thing here. i issued an executive order to clarify things, to have a written policy how to deal with undocumented people. the

lou: i was citing of steve forbes. ffic so he has to earn his own way which he hasn't yet. lou: a new w to race down the slopes. this thrill seeker performing amazing tricks. look what he's riding. it's a snow scooter. the handlebar spins and flips while racial down the slopes. this all in japan on his snow scooter. up next the trump administration warning sanctuary cities they could lose funding. lansing, michigan used to be a sanctuary city. the mayor joins me to tell us why they changed their mind. ♪ whoa that's amazing... hey, i'm the internet! i know a bunch of people who would love that. the internet loves what you're doing... ...so build a better website in under an hour with... ...gocentral from godaddy. type in your idea. select from designs tailored just for you and publish your site with just a few clicks-even from your... ...mobile phone. the internet is waiting start for free today at godaddy. then you're a couple. think of all you'll share... like snoring. does your bed do that? the dual adjustability of a

steve forbes, always great to see you.ieve last night' airstrikes are important to altering the course of events in syria and the most? we would like to hear from you. what do you think, steve? steve: and the world. lou: political wrangling on who will succeed justice antonin scalia ended happily. >> the nomination of neil m. gouch ofolorado to be an associate justice of the supreme court of the united states is confirmed. lou: president trump's advisor on the supreme court. leonard leo joins me next. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free. it creates a seal of the dentures in my mouth. just a few dabs is clinically proven to seal out more food particles. try super poligrip free. the whole country booking on choice hotels.com. four words, badda book. badda boom... let it sink in. shouldn't we say we have the lowest price? nope, badda book. badda boom. have you ever stayed with choice hotels? like at a comfort inn? yep. free waffles, can't go wrong. i like it. p

and you can catch steve forbes and me every weekend. we have a great show lined up for tomorrow, 11:00 a.m. eastern on saturdays on fox news channel. 7:00 a.m. eastern on sunday on fox business channel. lea: we'll look for that. veterans may have to pay a fee for one benefit they get for joining the military. david: an american charity worker free after years in an egyptian prison. who she had to thank for that? just shook his hand. donald trump. lea: a gunman opened fire at popular tourist spot days before france goes to the polls. what needs to be done right now to combat these acts of terrorism. >> people across the globe are tired of these random terrorist attacks take the lives of people and very tired of politicians who won't name it, won't address it, won't take a hard-line against it. that's why there's biotene. and biotene also comes in a handy spray. so you can moisturize your mouth anytime, anywhere. biotene, for people who suffer from dry mouth symptoms. wheyou wantve somto protect it.e, at legalzoom, our network of attorney

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let's bring in forbes media chairman steve forbes. steve, you know, he's basically saying, kassem eid that if president trump did back in -- >> it was a bad pattern, also ignoring the advice of our military which said you have to establish a safe zone in syria just as we did for the kurds in iraq years before. it worked. if we had done that, you would not have had those refugees pouring into germany, which has created real problems, sweden, norway, the united states. so obama really dropped the ball doesn't begin to describe the disastrous inactivity he exhibited. liz: yeah, and the uk wouldn't have left the eu possibly too. >> absolutely. liz: so he's saying essentially we don't want to be refugees. we want to stay in syria. but so it will seem like president obama sort of went on his own course and ignored the advice, as you point out, of his advisers; right? >> he did. and he thought any kind of military action is going to lead to bad things. he also i don't think realizes today his inactions cost a worse problem that establish tho

that was music to the ears of steve forbes.n something that he says is long overdo after this. the dna day sale is here. get your ancestrydna kit. spit. mail it in. learn about you and the people and places that led to you. go explore your roots. take a walk through the past. meet new relatives. and see how a place and its people are all a part of you. ancestrydna. save 20% through wednesday at ancestrydna.com you totanobody's hurt, new car. but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. >> neil: all right. looks like a big tax cut is underway. it will be announced next week. steve forbes reminding pe

steve forbes, always great to see you.lieve last night' airstrikes are important to altering the course of events in syria and the most? we would like to hear from you. what do you think, steve? steve: and the world. lou: political wrangling on who will succeed justice antonin scalia ended happily. >> the nomination of neil m. gorsuch of colorado to be an associate justice of the supreme court of the united states is confirmed. lou: president trump's advisor on the supreme court. leonard leo joins me next. i tried hard to quit smoking. but when we brought our daughter home, that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. every great why needs a great how. it'that can make a worldces, of difference. expedia, everything in one place, so you can travel the world better. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the

, the key to diffusing a dangerous situation was welcome to forbes on fox, let's find out when steve forbesabeth mcdonald, bill baldwin, john and austin goolsby, is china the key here? >> if china were serious about sanctions they could choke off the north korean economy so well

guest: my suggestion was steve forbes, steve moore, we were the founders of the committee to unleash prosperity. we are basically suggesting splitting off the tax bill for right now. go for a business tax rate reduction for large and small companies. the biggest beneficiary of that, by the way, that would be middle and low income wage earners. along with that, easy terms to repatriate cash overseas, immediate expensing for new investment business plans and high the, and perhaps repatriation to a private infrastructure fund. we think it's simple, doable, it goes to the heart of the problem in the economy, the absence of virtually any business investment, frankly, over the last 15 or 16 years. so, that's our proposal. wait until next year to do the larger scale individual tax reform, which i support fully. the complexity is unbelievable and you have to limit the duction's and so forth, i'm all for it, but go for the business tax cut right away, that will stimulate the economy and i think you could get that done. i think there might even be close to a bipartisan consensus. the: you are

let's go to steve forbes. mike, elizabeth macdonald, bruce. steve, the elimination of life on the planet? just a little bit of an exaggeration, no? >> before i went to the studio i looked in the sky to see if a meteor was coming to the earth so extension is not an option right now. trump has it right, either clean environment or prosperity is a false one. you get clean environment by prosperity. by removing the war on gas and coal. the war on coal was-- >> the stats on coal are frightening particularly if you live in a coal mining area. bruce, the exaggerations on the climate warm being alarmists, doesn't it hurt their case to make exaggerations like this? >> i don't think so. some of the people who came out and criticized what the president did were the pope, the vatican, and exxon-mobile, that doesn't really-- >> exxon-mobile? >> a threat to the entire planet, do you buy that? >> listen, i tell you what i buy. i think that donald has given false hopes when he was surrounded by the coal miners, maybe some temporary abatement in jobs that redu

guest: my suggestion was steve forbes, steve moore

john bolton, steve forbes and leonard leo among our guests.sident trump reportedly military action in syria. do we want to go down that rabbit hole? the fight over just judge neil gorsuch has gone "nuclear." grab a hammer, i'm goingo nail is thing. the president is fed up with syria and now the russia-backed dictatorship has been put on notice after killing babies and children.

john bolton, steve forbes and leonard leo among our guests. kennedy: president trump reportedly military action in syria. do we want to go down that rabbit hole? the fight over just judge neil gorsuch has gone "nuclear." grab a hammer, i'm going to nail this thing. the president is fed up with syria and now the russia-backed dictatorship has been put on notice after killing babies and children. when he sarin gassed his people in 2013, even president trump warned against military intervention four years ago, tweeting to our foolish leader, do not attack syria. if you do, many bad things will happen and from that the u.s. gets nothing. now we are torn between an emotional reaction and a rational response. what do we get out of the falsely simple and pat military response senator learned i graham is clamoring for. ikea safe spaces so refugees can return home. more dead babies and a hot war with russia. those are bad endings to an ongoing nightmare. they are blaming the attacks on an insurgent store house. if really thought the rebels were housing

and given the anemic run-up in economic activity we've seen, steve forbes, that's what they've got too. but there's a battle now royale among republicans, do you pay for them? lo and behold, i'm reading a column by tyler cowan, so what if you don't pay for them. you're borrowing the money to get them at 1 or 2% and companies are going to reinvest that money and make 5 or 10% and we as taxpayers do okay. what do you say to that? >> well, the great tax cutters like john kennedy and ronald reagan never fell into that trap and the only way you're going to get in control of the finances is by a vigorous economy and that will give you more revenue. >> the rates were much higher levels then. >> the rates were higher and circumstances are different. low tax rates always stimulate economic growth. more than the crazy models from congress ever estimate. those models are about as good as a daily horoscope in the newspaper, absolutely worthness and they assume the tax cuts raise growth to 2 1/2, 3%, we know from experiences goes to 4 or 5% and that gives you extra revenue, it's the gift that keep

stuart: and, by the way, there's an op-ed in today's new york times from steve forbes, larry, art laugherructure. get it done. that's what they say. keith fitzgerald joins us now, money math chief investment strategist. what do you say to the idea of zeroing in on a simple cut corporate taxes tax package? >> they're the operative words here. the music to the stock market is simple and get it done all in one sentence. you've never seen that out of woo in the last 20 years, and it will be very, very powerful catalyst for the stock market. stuart: now, of course president trump went a lot further than that in the run-up to the election and even after the election, you promise much more, including, for example, cuts in personal tax rates. do you think it's good enough? i mean, the point is that cutting corporate taxes is doable. you can get it done. >> well, that's the thing. you're not going to have all the bickering that you normally would when you get down to the personal level. we still need personal taxes, don't get me wrong because millions of americans are still hurting in all the year

steve forbes, larry kudlow, art laffer, steve moore all have a message for the president on taxes. collectively they wrote a piece in the "new york times," why are republicans making tax reform so hard. jonathan hoenig, capitalist pig hedge fund. james freeman "wall street journal" editorial page assistant. they're both fox news contributors but i have to say, james, as a former editorialist at the journal myself, that really, look at those four guys, their pieces appeared year after year after year why tax reform is a good thing. for them to get together and to say this publicly in "the new york times," this is, this is an important statement, is it not? >> yeah, it is really a statement on the calendar. they're gets nervous. a lot of us on pro-growth policy, white house is saying the fall at the earliest. there is argument, cut rates. the economy needs this boost. we got to get growth going. we would love a big reform that simplifies taxes for individuals and businesses. maybe time to cut the rates and give the economy a chance to grow faster. david: that seems to be holding the

, the guys who are the main economic advisers and tax advisors for donald trump, larry kudlow, steve forbes, art laffer, they suggest to go for the tax cut. don't do anything with individual tax refund. -- exactly. they put out an editorial trying to encourage them to do this and that would be the most simple way to go. but they don't have any plan year. the white house doesn't pay the senate doesn't have the house doesn't. they don't have an actual plan yet. if they don't simply they're not going to get it done. lauren: was the political fallout in the timeline? >> fallout will be 2018. if people don't see jobs and economy get better, a lot of people in swing states are going to give up on donald t his agenda. they want to make sure politically they don't do that. he needs a legislative win this year. simple tax cut to be the best way to go. lauren: what about tying reform into quite a lot of democrats over? >> that is the code. that would be the best version of the bill. that is helping to offset a lot of the cost. republicans would do well not to make this a revenue neutral bill because

. >> comments from mnuchin came 24 hours after steve forbes and others who advised then candidate trumpthey wrote an op-ed saying get tax reform done. get corporate and middle class tax cuts and boost the economy. >> easier said than done. >> they are sending a message. >>> breaking details from paris this morning about the gunman who opened fire on police. now one candidate in the french presidential race with the stunning reaction. we're live in paris. no one's the same without the game of football... like @squirrelgirl52, who writes, "no football on sundays has left me with a lot of free time, so i've constructed a sanctuary for local squirrels." try watching the nfl draft. maybe watch with a friend. or doctor. i'start at the new carfax.comar. show me minivans with no reported accidents. boom. love it. [struggles] show me the carfax. start your used car search at the all-new carfax.com. hey, ready foyeah. big meeting? uh, hello!? a meeting? it's a big one. too bad. we are double booked: diarrhea and abdominal pain. why don't you start without me? oh. yeah. if you're living with frequ

you know steve forbes pointed out something before the election, he said that the biggesten from thearound the world from outside of u.s. is in china. they feel they can negotiate not only with donald trump but with the family. melissa: that was a funny video. they think she is beautiful, smart, ayman woman -- a businesswoman and a beautiful familis. david: risk risk starts right now. >> two of world's most powerful leaders, president trump and xi jinping to meet, senate democrats filibuster president trump's nominee neil gorsuch. >> and this just in, sweater of state rex tillerson announcing steps that are underway to tomorrow an international coalition to remove syrian dictator

. >> so i want to look at the opinion piece written by steve forbes and larry kudlow and they counciledr. trump and he and mr. ryan say, it should add to the deficit, but it should be a tax cut and sold to the american people as such. ron is shaking his head here. maya, do you think the republicans need to forget about the pay forces right now? >> i think it's just real and really dangerous to the economy. so the most important thing about tax reform again is structuring so it that it will grow the economy. two critical things have been found to help with economic growth. one, actually not grong the debt massively. if your tax reform grows the debt the pro growth effects of the tax reform are undermined by the negative growth effects of a ballooning debt to the point where your tax reform could be negative. a second find the base broadening stuff, the part of getting rid of a lot of the tax breaks that helps grow the economy as well because so many of those tax breaks distort how we allocate capital. it incentivizes us to put money in places that aren't best for economic growth. they' t

we've seen some of these conservative economists with editorials, including art laffer, steve forbes,e business tax reform and combine that with infrastructure get democrats on board and make biggest impact by lowering corporate tax rate and tackle personal income taxes later. i think it is interesting idea. i don't think you should couplet interesting taking things apart. neil: but i think individual rate put off until next year just doesn't happen. >> i don't know they can do everything at once. another big loss for this administration could be brutal. neil: no, i hear you on that. real quickly, is it your thought though that if health care thing falls apart, i think what mnuchin is telling the folks in that room is go right to taxes, if it came to that we'll go right to tax cuts. holding out hope twice we failed, we're down for now. >> yeah. neil: how realistic is that? they built into all the equations revenue they get from reforming the whole -- >> it is smarter for them politically to tackle health care before they get to taxes and they know that but if that's not going to happe

in an op-ed in "the new york times" steve forbes, our favorite guy larry kudlow, asking the question why are republicans making tax reform so hard. keep it simple. joining us is syndicated columnist conservative commentator george will. good to see you, sir. >> the stock market in the wake of president trump rallied very, very hard because the idea was republicans control all arms of the government at this point. tax reform, corporate tax ref m reform. that is going to be a slam dunk. suddenly it's not. what grade do you give the president at this stage in light of that? >> well, there's a reason why we haven't had comprehensive tax reform for 31 years. you had a dream team bradley, patrick, a committee capable of coming to grips with this. here you have a president who is a novice in washington, a treasury secretary who i think sincerely believed when he said they could do tax reform by august which is not going to happen. then it became hostage to repeal and replacement of obamacare setting the predicate by clearing up taxes. that didn't happen. then they seemed to be wedded to a b

. >> larry, steve forbes, it's nice to say that it's simple but the devil's in the details. >> there's republican party for tax cuts and also in the democratic party for tax cuts. i think the problem here is they have no way to pay for them. >> if you throw out pay for, though, and that's the speculation, you say dynamic scoring will take care of this and you go ahead and give the cuts. what does that did for dynamic scoring, it will get you a little bit but not much. fundamentally if you did the rye you've got certainly luke 4.5 to 6 trillion of tax cuts offer ten years with very little to pay for it. whatwill it due do to the growth? number one, the fed said in their last decision and i think they're right, by the way, they were probably pretty close to having fully employed our labor supply subject to the skills gap and then you've got the fed itself at a tron consistent? >> to go, briefly yes. >> there has been a controversy of full employment but then people point out that young people, 45 to 55 or whatever, there a a huge number of those people that are not in the workforce right

. >> that's what steve forbes want heed. thanks for joining us today.od to be with you. >> outgoing ceo of jackson hewett. >> 12 minutes before the closing bell. we have seen stocks come up. the highs on the dow just slipped into negative territory here. see if the nasdaq ends positive. it would be a new record close, same with the russell 2000. that maintained a gain of almost three-quarters of a percent. >> maybe spryingly, maybe not, the utilities sector has been up about 6% since the president took office in january. can it go higher? we have a bull-bear debate on utilities coming up. >> cnbc sector sort is sponsored by sector spdr etfes. >> visit us on the web at sectorspdr.com. we, the entertainment-loving people, want all our rooms to be tv rooms. because those are the best rooms. because they have tvs in them. and when we're not in those rooms? we want our shows to go with us. anywhere? you got that right, kid show thing. get a directv all included package in four rooms and on your favorite devices for $25 a month when you have the new at&t unli

forbes tech reporter and the editor of the midas list. who's number one on the list? >> jim gats from sequoia, steveen. stuart: now, these are the smartest investors, headed by jim goetz. i think that's his fourth year at number one. why is he number one? what gets him on top of the list? >> to make the midas list, you need a portfolio of at least a dozen companies that we consider eligible. we're looking for companies that are privately valued at more than $400 million or companies that went public or were acquired for $200 million or more. goetz still has the midas touch because his investment in what it is app that was acquired by facebook for $22 billion returned his firm's profits. stuart: what's app was sold to i don't remember who. >> facebook. stuart: was it 19 or $20 billion, something like that. and they've only got what? 55 employees. i mean, it was extraordinary wealthy creation with no job creation. >> right. and what was amazing was the founder had grown up on food stamps. this is a company that was very gritty, very, you know, sort of shunning fuing and jim and sequoia basically kept

and steve forbes at best, too. dagen: we are going to talk my face. train to using a lot of pushback the last couple of weeks. people caught much morof

we have steve forbes, along with americans for tax reform groample norquist. steve, this has been your platform and grover's platform for some time. in light of the lack of savings they were anticipating from healthcare reform, can it still be done? steve: it can be done. one of the things the relationship cans have to do in congress is stop worshiping the congressional budget office. they need to go for a sweeping tax cut, rates across the board. say to heck with the cbo. get it passed. then make it retroactive to january 1. people see their paychecks are getting bert and they set the stage for investment which they need next year.

forbes media chairman steve forbes, "barron's" senior editor jack hough, and natwest chief economist michelle gerard. michelle, let's start with you. this market is not getting speakinged at all. why? >> first of all the unemployment rate was not necessarily weak. absolutely we had a miss on the headline payroll gain, although a lot of it is weather and that data is very noisy but meanwhile the unemployment rate fell further. we had an uptick in terms of the labor force. you had very good underlying details like number of people employed to the population. details from a good part of this survey were positive. so i think that helped to cushion some of the initial negative reaction. david: steve, let's talk about the syrian strike because in my mind that was a huge positive, not only for the nation, in terms of standing up to a war criminal, assad, and his allies, the russians, our adversaries but it clears the deck for him to do a lot of stuff internally. it gives him political capital for tax cuts, for dealing with china on the north korean issue. of course democratic foot-dragging.