face risk if news reports are true that tepper has moved.sey collects 40% of its revenue from income tax, a third of that paid by the top 1%. despite a tax hike -- 40% of all the revenue. it's a third, just by the top 1%. they had a tax hike, that millionaires tax hike in 2004. since then millionaire population in new jersey has grown over the past decade. people that predicted armageddon that the rich would flee have been replaced by newly minted millionaires. >> cupperman was a new jersey resident and now in the florida. chris christie has to get on this. he should start courting these guys to stick around. >> i can hit an 8 iron. >> eddie lampert moved down there. i'm talking about northeast high tax hedge fund guys moving to florida. it's adding up. now 60 hedge funds headquartered in florida. there are certain studies that say millionaires don't move just because of taxes. tennessee and new hampshire had no taxes but people aren't moving there. you don't know whether tax were the reason or whether they were one of many factors. >> we go

billionaire david tepper is moving, going to florida because of taxes.e show donald trump's campaign manager clearing battery charges, he spoke to corey lewandowski. blake berman spoke to corey lewandowski. more of this is coming up for you. >> when i looked at the twitter feed hours later, when i did that, i called michelle. you both have a perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. i i have this breakin

tepper's move.m told he moved not tax reasons, but to be closer to his mom and sister who are in florida. >> very veebconvenient that it s out that way. you have to think that other states will be starting to woo some of the mega billionaires to trade their book. >> florida has had a very concerted and successful effort luring specifically hedge fund guys. a lot of the big guys moving. and i see them down there more and more. i think in the next year, we'll see some big names move down there. but you see -- this is a guy who earned $3.5 billion in 2014. new jersey income tax rate is 8.9%. so over 9 $95 million that he contributed to the coffers in one year. so you see why this matters. >> so the residents of new jersey of which i am one, new jersey, new york, connecticut, massachusetts, to a point they will continue to have a net outflow of population thus increasing the financial burden on the people that remain. until they learn. they have to learn. >> money goes where it's treated best. and right

david tepper is not using $140 million worth of services in new jersey. >> that's right.nd thank god they don't have the job market that we do in new york or there'd be no reason left. for now it's just-- >> let's leave it there, thanks a lot. let' go back to politics now, president obama appeared on fox news sunday and asked about hillary's e-mail scandal. he guaranteed the public that no political influence has been used in the pending investigation. roll tape. >> can you guarantee to the american people, can you direct the justice department to say hillary clinton will be treated as the evidence goes, she will not be in any way protected? >> i can guarantee that. i guarantee there's no political influence in any investigation conducted by the justice department or the fbi, not just in this case, but in any case. charles: president obama also saying that this is difference between e-mails labeled classified. roll that tape. >> there's classified and then there's classified. there's stuff that is really top secret, top secret and then there's stuff that is being presente

and when the waitresses went on strike i was a waiter, and ever since then i have been an in scene tepper an obscene tipper. i worked at a gas station. you cannot do that anymore. when i went to college, 80% of colleges were paid for by state governments. abe lincoln came up with this idea. you give them a chunk of land so that the college can work that land so that the students could go to college for free. abe lincoln was not the first to come up with this idea of free college. thomas jefferson created the university of virginia which was the first free college and he was so proud of that that on his tombstone it says founder of the university of regina -- of virginia. those were the things he was real proud of. that was his legacy. free college. byhe time i g tre, 80% s pa for. tuition s a coup of hundd dolls her term. it was not a wholeot. now it is upside down. collegesf the cost of paid for by tuition and 20% by the state and federal and local government and the college of self. -- college itself. looking not at what , described to you, this gap wrotes 1966 that "time" this article.

tell us about the whole david tepper thing, he calls a huge hole in new jersey. what does that say?ionaires and billionaires have been leaving for a long time. $70billion worth of wealth left from 2004 to 2008. this is continuing braz my friends across the aisle deny the fact that the high-tax states are causing a problem. it's simple, it's too expensive. maria: all of the top states where you see people move companies included and it's new jersey, new york, connecticut. look at ge leaving the state of connecticut because of taxes. dagen: it's so easy. it's not a conversation about new jersey versus canada or france. it's a conversation about new jersey versus florida. maria: and texas. dagen: where the weather is better quite frankly, no state income tax, low tax burdens and don't politicians get that? >> no, they don't get it. if your constituency are unionse about policy. that is the bottom line. people aren't going to get it. we have state -- you can't afford to die in new jersey, the state income tax is high as 9% and you have incredible property tax problems as well. so people

david tepper, highest new jersey earner is leaving new jersey. of course, with apple management. i want to put this in context, this is confusing to a lot of people. get this, the 400 wealthiest u.s. taxpayers each paid 60.8 million dollars in taxes in 2013. and by that, i don't mean they paid a total of $60.8 million. each the 400 wealthiests u.s. taxpayers paid $60.8 million. imagine. in new jersey, there's a lot of screaming on the left maybe this is going to cause new jersey to go down the toilet. here's what's going on there. personal income taxes account for 40% of the tax base there. and the third of that, get this, of that, of that tax base from personal income taxes is paid by the 1%. so gives you a sense how this all works out. i want to talk about states with the most billionaires. take a look at these maps. california has 111. new york 88. texas 51. florida 37. illinois 19. take a look at this. connecticut with 15. washington can 12. michigan with 11. pennsylvania with 10, wisconsin with 9. they're all over the country, you got to thi

david tepper, the hedge fund manager going to new jersey and it's going to impact the state coffers,40% of their revenue. >> let me make one thing clear, the restaurants pay taxes on where they are. so as far as the company, the company's not going to get any tax advantage by moving to tennessee. the individual officers of the company, the individual employees will get an advantage by moving to tennessee because tennessee has a zero state income tax and for high income individuals in california it's about 13%. so there definitely is a tax advantage to individuals by moving, but it doesn't really help the company very much. >> good to have you on the program. thanks so much. >> good to be here, maria. thank you for joining us there. we'll be back. when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex.

david tepper is leaving new jersey. >> new york, connecticut. maria: becoming lieutenant governor of new york, the tax story -- >> they are voting with their feet. connecticut is the latest. the populace is leaving connecticut. taken a nosedive in connecticut. new york a little less a game a little tax relief to the middle class. it is not great. new york is one of the heaviest tax states. the whole northeast corridor has been antibusiness aura about it. they are controlled by democrats in by democrats and are taxing the heck out of everybody. maria: betsy, good to see you. thank you for bringing the mother with you. the affordable care act. maria: the just plain robust to the art of keeping your cool. the latest raise the government is managing to waste your money. the tsa gets its fair share of criticism. blasting the agency for how it handles airport screenings. we will have the details back in a minute. ♪ i'm billy, and i quit smoking with chantix. i had a lot of doubts going in. i was a smoker. hands down, it was, that's who i was. after on

yesterday we recorded that david tepper and it's all about truib taxes. chicago it's more than than just taxes. >> high-sales in cook county. over 10%. maria: 10% sales tax. dagen: it's regrezzive and hits loweinincome even harder. maria: of course. they're at 10%. >> goes up and up and up. the crcrime that cheryl mentione is a big school. police morale is low. get through the process, that's going to take a long time. so, yes, the state, chicago as it is isn't in good shape either. the crime has been huge. maria: that's why they want rahm emmanuel's head. >> that's right. no one is a big fan of the mayor right now. the police are having trouble enforcing things. nobody is working together. that's the problem. seems like a very divided city right now. dagen: is this detroit or baltimore, the flight of people that pay most in tacks out of the city and you can't fund -- the budget problems become even worse because you can't fund the general operation. it's a vicious cycle. >> the people who are voting politicians in really hahave to take a look who they ar

david tepper as raised its take in terraform power.g some directors breached their fiduciary duties. >> jobs friday. less than 90 minutes away from the march jobs report. the consensus forecast are looking for 213,000 new nonfarm jobs. steve liesman is here to join us with more on what to watch in today's numbers. >> good morning. a lot to watch. we're heading in to this jobs numbers with convincing evidence the strength of the job market will continue but questions about whether the good times can continue to roll on. here are the estimates. 213 versus 242 last month. unemployment rate look to remain unchanged. just a little piece of data. more than 75% of the time since january 14th the number has been 200,000 or higher. that's 20 of 26 months. the unemployment rate 4.9%. average hourly wages growing 0.3 compared to 0.1. here are the strong thing. strong trend. claims suggests 200,000. adp spot on. and we've had mild weather. the nfib, used tube very good predictor. it's disjointed right now or become unconnected with the payrolls ri