joining us gary smith, tobin smith. jonas max ferris, and eric bolling. how ugly is this going to get for jobs. this is an adomination. you have the left saying only extend credit for people under $250,000, middle class tax. and right saying how about the people above 250,000 because that is small business, small business creates jobs, it's small business-- if small business doesn't get the tax credits they're not going to hire. we've heard people saying i am neat going to hire. i'm not hiring two until i need five. >> is that how that's going to go down? >> exactly. a couple of facts here, liz. the obama administration likes to paint this as tax cuts for the rich, but we know that in that rich, that over, you know, 200,000 or so, 50% of thosere small businesses, we also know that small businesses create all the net job growth in the can't and yet, small businesses, the job growth they're creating now is the lowest since the last recession, the lowest in the last 18 years or so, at least second lowest. so by increasing taxes on those rich. if they just su

what does history tell us, tobin, happened few times, post world war ii. >> tobin the professor. the amount of people making over $150,000 in the federal government has doubled by a hundred, gone up 150,000 the last few years, that was not 80 years in creation, that happened significantly last 24 months. number two, let's look to world war ii. we cut the payroll 50, 58% after world war ii as we built up and you know, not only did the economy not fall apart, and unemployment rates went up because they went into the private sector, you know what, if i work in the public sector, i would be mad, too, taking a 50% hair cut for doing the same thing. if the 2% are going to sacrifice along with 98%, let's sacrifice together. >> jehmu, seconds to take them on. >> we cannot say you're fired to hundreds of thousands of government. >> we did in the private sector. >> and that's going backward. >> brenda: and cavuto platform showing up in debt commission plan and lawmakers complaining it won't save real money, even some senate republicans are whining. why neil's gang is telling them to just s

>> jon: mike tobin, thank you.once survived a volcanic eruption but now one of the world's most famous wonders is falling apart piece by piece. ahead, what some now say is really to blame. new questions about the case of a convicted killer. why one legal group says officials may have executed the wrong man a decade ago. "the fox report" returns in three minutes. [ male announcer ] millions of men 45 and older just don't feel like they used to. are you one of them? remember when you had more energy for 18 holes with your buddies? [ glass shatters ] more passion for the one you love? more fun with your family and friends? it could be a treatable condition called low testosterone, or low t. c'mon, stop living in the shadows. you've got a life to live. [ male announcer ] so don't blame it on aging. talk to your doctor and go to isitlowt.com to find out more. >> jon: a d.n.a. test raising new questions about whether a texas jury convicted the wrong man for a 19 9 murder. trouble is, the state already executed him. kris

. >> tobin, like it. >> you've never been in a best buy my friend, nice knowing you. >> thank you for joining us, the cost of freedom the number one business block in tv continues with neil cavuto right now. >> bait and switch or more tax and spend? yet another commission. this one opened to cutting income taxes if, if, we start this. >> clothes, food, movie tickets, tv, vacations, toothpaste, stamp book. you name it, they want to slap a 6 1/2% sales tax on it. this is the same commission calling for freeze on discretionary spending, not a cut, a freeze which has some of my guys this morning more than a little hot. hi, glad to have you, i'm neil cavuto. to ben stein, charles payne, adam lashinsky. >> it's just more. and doing this reweighting and taking two out of the left and putting two in the right. this is all the commissions are doing. i thought they were going to come up with tough decisions, a really tough choices for us to make. they're commissions, they're expoliticians, nothing to worry about. they're not running for office anymore and the idea with the election, and what am

interesting story, mike tobin in chicago.egg: new proposals out of the obama administration that would completely overhaul the tax system, what possible changes they are targeting and how they might affect you. martha: and a board meeting that looked more like a bar brawl. what got these folks so fired up they started slugging at each other. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively e

patti ann: mike tobin live in our chicago bureau, thanks. jon: a manhunt underway for one vicious thief. police want your help to track down a purse snatcher who dragged her victim alongside the suv she was driving. we have a detailed description of the perp for you plus how the victim is doing now. >>> if it sound too good to be true it is right? maybe not. a flyer for target's after thanksgiving sale leaked deals that are incredible if they're real. the inside scoop on some black friday intrigue. >>> we've got such a huge response to town hall usa segment on recommendations from the debt commission we're taking your questions again. what do you think of some of their proposals? like raising the retirement age, cutting some social security payments. adding a 15 cent a gallon gasoline tax. send us your questions and your thoughts. we will put them to our panel in the next hour. go to foxnews.com. join the live chat and post on our blog. send us an e-mail and tweet. log on to foxnews.com/happenin foxnews.com/happeningnow jon: a "fox news aler

bill: mike tobin, thanks, live in kokomo, indiana.rrival there a bit later. martha. martha: from a trip to indiana to the road to 2012, new details on the possibility that president obama could face a primary challenge? could that be? and thanksgiving comes early for one family of -- a very emotional reunion, how a professional football team got in on the act. ( woman ) even with an overactive bladder, i don't always let the worry my pipes might leak compromise what i like to do. i take care with vesicare, because i have better places to visit than just the bathroom. ( announcer ) once-daily vesicare can help control your bladder muscle, and is proven to treat overactive bladder with symptoms of frequent urges and leaks, day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if

mike tobin, thanks. >> reporter: see ya, jon.ils just announced on prince william's royal wedding. we're learning when and where he's going to tie the knot with kate. any surprises here, amy? >> reporter: everyone, jenna, has been speculating that the venue would be westminster abbey, and that speculation only solidified when photos emerged last thursday of kate middleton having a late night, private tour of the abbey, but it was all confirmed today the wedding will take place friday the 29th of april next year in westminster abbey. it will be a national holiday, and fittingly it happens to be the feast day of st. katherine. the royal couple is said to want a lot of control over the details, and the families will be covering the costs jointly. the bookies here in london are already paying out those lucky enough to bet on an april wed, now they're taking bets on things like will kate middleton use the word obey in her vows? and who will be the designer of kate's desk? this. jenna: and that's all jon's really worried about. jon: i

have a question about your bush versus worse situation and i want to know if you had read jeffrey tobin's book about the supreme court where he pointed out the role that justice kennedy had in actually watching that procedure you described so well i am sure in florida and getting that case to the supreme court almost against all cost. that surprised me and i am interested to hear what you have to say. >> guest: he is one of the best commentators' other today. there are a lot of views. professor wrote a great book about that. to me, the good news about all that is we are in a society where under any theory there was of 500 vote difference and yet the government that was in power, democrats at the time accepted that transition. we have plenty of strong feelings about whether the supreme court was right. i think they were tragically wrong. we accepted that decision. we had a peaceful transition, change of government and for all my frustrations and times i have relived that case it is a reminder of how many countries could have managed something so well and makes you feel might be lucky to li