said, as part of this that it's also true that from at least 2005 to 2021, together with the trump corporation and the trump payroll corporation, jeffrey mcconney and others, you engaged in a scheme to defraud federal new york state, and new york city tax authorities, with the purpose of compensating yourself and other trump corporation employees and a manner so that substantial portions of your income and theirs were intentionally unreported or missed reported by the trump corporation or trump payroll, they will compression to the taxing authority. the defendant, weisselberg says, yes, your honor. connect this to me to any of the larger things going on with donald trump and what role weisselberg will play, if any? >> well, donald trump has, throughout his career, lined and denied in financial records. he tried to cheat the city of new york out of about two and a half million dollars a year, and went through farcical attempts to hide the business records, that's in my book, the making of donald trump. and in this case, this is a matter where donald's lawyers went, oh, the money isn't that much

the judge literally used the phrase together with the trump corporation over and over today while readinggainst allen weisselberg, weisselberg ended up pleading guilty to 15 felonies, 15, all related to fraud and tax evasion that occurred at the former president's business. he is set to serve anywhere between 100 days and five months in prison at new york's notorious jail on rikers island. a lost media attention on this case is focused on the fact that allen weisselberg did not agree to testify against trump himself as part of his plea agreement with the government. but weisselberg did agree to testify against the trump organization, and that is important. because it means that prosecutors will get to ask allen weisselberg about the crimes he committed at the trump organization, they will be able to ask him under oath who are the others involved in the criminal conspiracy that weisselberg has just pleaded guilty to taking part in, and we do know that there are only a handful of people who could have been involved in that conspiracy, because countless reports over the past few years have r

organization's cfo, is expected to plead guilty to state tax crimes and testify against the trump corporation but not against mr. trump. lester >> okay. kristen welker, thank you. >>> after a bruising loss in wyoming's republican primary congresswoman liz cheney says she'll keep up her campaign to keep donald trump from holding office again and is hinting she might run for president herself. vaughn hilliard is in wyoming for us >> reporter: in a republican party battle that could define our times -- >> this is not a game. every one of us must be committed to the eternal defense of this miraculous experiment called america. >> reporter: -- liz cheney, the wyoming congresswoman and donald trump's chief republican antagonist, losing overwhelmingly to harriet hageman who calls the 2020 election rigged and was backed by the former president >> his clear and unwavering support from the very beginning propelled us to victory tonight >> reporter: trump in a social media post saying cheney can now, quote, finally disappear into the depths of political oblivion but in an exclusive interview with savann

took over the congress capitol, someone is investigating his business activities let's say the trump corporationn new york, and someone is investigating. yes, what you have to do is take away the investments, this is not the only process before a new investigation regarding him, and took away the documents for support your master. well, there will be this tract, i don’t like it. yes, but you are right, and the current american government really did not want it to look like this. he is the leader of the opposition and the previous president . because it would really make america such a banana republic. yes, as the republics say, some criticize. they approached this cautiously for more than a year. everyone knew that he took a bunch of documents in boxes on all secret ones from the white house without any permission for this or that, it cannot live , it is not protected. this is what they say. well, and this is a problem, yes, but they perceived themselves up to a point when the national archive of kyiv had already disappeared. what to do is normal because on the ice really and anti which relate t

and the trump payroll corporation.s you say, $1.7 million over a period of years. the plea bargain seems abundantly clear he is testifying against entities, not people. >> and there's been so much focus in the past two weeks on the mar-a-lago operation. this weisselberg guilty plea this past week. i know you believe that it's what's going down in georgia that is potentially most legally risky for the former president, correct? >> there is no doubt in my mind that the most risk to the former president is in fact the georgia investigation. and one of the reasons i say that is because it has intensified in terms of the number of witnesses that the district attorney is calling before this special investigative grand jury, but also the fact that should not be overlooked is that donald trump has hired one of the best criminal defense lawyers in the country in the person of drew findling. he was a past president of the national association of criminal defense lawyers. he is based in atlanta. he knows how to work within the sy

the ag investigating whether the trump corporation dodged taxes and bank loans. >>> and iranian assassininate a former national security advisor. >>> the signs that inflation may be slowing. consumer prices jumped from a year ago, but it is lower than the 9% year-over-year. now the news on this wednesday, august 10th 2022. we hope to see you back here we hope to see you back here tomorrow night even the most difficult jobs to fill. - [announcer] ziprecruiter, rated the number one hiring site. try it for free at ziprecruiter.com another busy day? of course - you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring on today with comcast business. powering possibilities. lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof

adding the two trump corporations will not be taking a plea for the simple reason that they have done nothing wrong. weisselberg, now the latest trump associate to face prison time. michael cohen, the former trump fixer turned foe, served time himself himself. >> they didn't flip over. what is it about donald trump that inspires such loyalty, that someone is going to go to prison? >> yeah. stupidity is the only way i can describe it. i talk about it all the time. it's why i ended up working with him. it's stupidity, and lack of better judgment. >> the trial against the trump organization is scheduled to start with jury selection on october 24th. meanwhile, allen weisselberg remains out on bail. >>> let's bring rebecca back in here. rebecca, you used to work at the d.a.'s office. does five months seem right to you for this cooperation we're seeing? >> you know, it seemed really low to me. it was the wanted sentence prior to the reporting that he was going to cooperate against the organization. but it does seem right to me, given the fact that he is pleading guilty, which, you know, rel

inevitable that weisselberg will end up -- when he testifies in the trial in october against the trump corporationto bring down others in the trump family other than just donald trump? >> i think we can feed testifies truthfully. i think the difficulty here though, i have to say conviction is a conviction but this was very well orchestrated by weisselberg's people. they basically made the prosecution blink, it's a very narrow cooperation agreement. he just has to testify truthfully. contrary to what some people may, think he is still going to have a lot of fifth amendment arguments available. can i think he's admitting guilt to as what he personally did. every size the talk about with other people dead, what others in the organization that, he will have an argument that can implicate him in further types of criminal activities. it's a pretty narrow situation, he is obviously gonna do is tarnish to protect people in the organization. every testifies truthfully, that information will be damaging to others including trump. >> that is between five months and records of 15 years in new york state presi

directly implicates the trump organization in a wide range of criminal activity, and requires weisselberg to provide invaluable testimony in the upcoming trial against the corporation. what this deal does not do is it does not require weisselberg to cooperate in the criminal investigation into the trump organization's finances. this does show some of the loyalty here, and the trump organization itself coming out in support of weisselberg today, calling him a fine and honorable man, saying he's been harassed, prosecuted and threatened. they also affirming that they are not going to cut a deal, that they are going to trial in october. alex? >> kara, he's willing to cooperate, but not when it comes to donald trump the man or his family. this is about the trump organization. so is it the company that is at most at risk here? >> reporter: that's right. the only person charged in this indictment with weisselberg was the trump organization, two corporate entities. so he'll be required to testify at the trial that. whether be a significant aid to the government, because explaining a tax fraud case to a jury can be very complicated. and he will be admitting his own role in

under president trump, there was a massive decrease in taxes for corporations on the wealthy, a huge portion, the language -- the lions share of the expenditures of the tax cuts under the trump administration was very, very lopsided. the biden doing the opposite. in order to protect the climate and health care, the biden administration is raising taxes on the wealthy and raising taxes on corporations and making sure corporations pay their fair share of taxes in this country. so, that is a real difference. i think it is actually ensuring corporations to pay their fair share, and that is the way we get to the kind of an economy that works for everyone. that is a big difference between the two presidents. john: this is tommy portland, oregon. good morning. caller: hello. i am stunned and at a loss. heidi shierholz, i am sure i am not the only one. what are you trying to talk about with economic policies? everything that trump did, biden did the opposite out of pure arbitraryness. i don't understand. trump cut taxes. we had low unemployment. economic policies, asking other enemy countries

it was interesting how many obama economists flipped during trump in favoring corporate tax cuts. >> i think honest economists no nations largely going to pass on the cost to workers. it's going to be passed on in terms of their pay, workers receive and pay or what they receive in benefits, these are passed on. so to the extent you are raising taxes on corporations, you are harming workers, you are harming workers. does not spread evenly across all specters of the economy for its particular teacher of the manufacturingnd sector. and again, trump proved we can still get something out of the american manufacturing sector that a lot of people had given up on and said there's no more growth coming put all those jobs are coming back. i don't like their all coming back were not going have the manufacturing sector we had the 50s and 60s and 70s. but there is still something there. i think the tax cuts as corporate tax cuts inic particur show that there still something there. they also cut individual taxes as well, let people keep more of their money and spend it how they want. this is not r

bit about that type of debate it's interesting how many obama economists flipped from trump and favoring corporate tax cuts. >> i think anna stuck economists know they're going to pass on to workers. is going to be passed on in terms of their pay, what workers receive in pay or what they receive in benefits these are passed on. and so the extent you are raising taxes on corporations, you are harming ornd harming workers. and it does not spread evenly across all sectors of the economists true in the manufacturing sector. and again, trump proved we can still get something out of the american manufacturing sector that a lot of people hade given up on and said there's no more growth coming all those jobs are not coming back i don't think they're all coming back or notad would have manufacturing sector we had in the 50s and 60s and 70s. but there is still something there. i think those corporate tax cuts in particular show there's still something there. they also cut individual taxes as well. they let people keep more of their money and spend it how they want. utthis is not rocket science he. dwhen ken

that is important here is that the trump organization is also charged as an entity, not trump himself, but as a corporateharged in this case in new york for the same crimes that weisselberg was. long-term tax evasion by keeping two sets of books and hiding compensation from the u.s. the trump organization had a chance to plead guilty and it would have saved weisselberg some jail time if they pled guilty, but they have not, so they will go to trial with their cfo testifying against them. if they're convicted, there may be some financial penalties. so there's no criminal liability here, but it could be a huge blow against the company that this whole family depends on. >> a company that has difficulty with getting credit, dealing with banks, invest. banks will not want to invest in the company if they do face a conviction. what is the real -- jonathan what is the real political impact of weisselberg? >> certainly it adds another dent in trump's armor, a dent in his feeling of invulnerability. there's a sense that he always gets away with it. he has gotten away with quite a bit. but weisselberg was close to

trump. this indictment only named weisselberg and two corporate entities. it did not name president trump.tion and its affiliated trump payroll corporation, are slated to go on trial in the fall. the plea deal struck today only requires weisselberg to testify against the corporations, not against mr. trump. pt it also does not demand he cooperate with prosecutors in any other legal proceedings. in a statement, the trump organization released a short time ago said in part, the two trump companies the manhattan d.a. has been targeting will not be taking a plea for the simple reason they have done nothing wrong. we look forward to having our day in court which quite interestingly has been scheduled for october 24th, just days before the midterm elections. this statement accuses the manhattan d.a. of bringing the prosecution against mr. weisselberg to force him to say bad things and make up lies about the former president. what he has to say might be damaging in the court of public opinion, mr. trump does not face criminal charges. weisselberg, cfo, pleaded guilty to not reporting $1.7 million

the trump organization, the corporate entity, no individual is going to trial in october on these chargesy have had testimony from other people, they've had an accountant who has worked with the trump organization, who has testified before the grand jury. but this will be a live witness, it'll be allen weisselberg, the longtime cfo. he's been with the company for 40 years, going to testify against the company, if it gets to trial. >> is it just testifying in this particular scheme against the company, or the company and other things they may have been involved with? >> that's the thing here, this is just for his testimony in the tax fraud trial. you know, remember, he got charged with this because prosecutors were trying to put pressure on him to cooperate and they're much broader investigation into the trump organization's finance and whether they misled lenders and ensures. but weisselberg was not willing to cooperate with that investigation. so, you know, he was indicted a year ago, july, he's on the cusp of the trial in october. he just lost some motions to dismiss the indictment, he'

we talk about the trump organization, it's like a corporation. it's not. it's donald trump and allen weisselberg and michael co- -- cohen and that was it. that was the company. you can't -- i don't see how you can go after the company without implicating donald trump. i don't see how that's possible, number one. number two, you lawyers can answer this question better than i, but when do they get to all the tax fraud stuff, all the questions about him inflating the value of his properties when he was applying for loans and dealing with financial institutions and deflating the value of the properties when it was time to pay taxes? when is there a reckoning for that? is that the new york civil case? is that happening in manhattan as well? where is that? >> you heard it here. gene robinson wants a reckoning. we might work up a segment on it. appreciate you kicking us off as we go into friday. i wish you both a great weekend. thank you. >> you too. >>> we have our shortest break, one minute. we will talk about donald trump's struggle for lawyers. i have an inter

ultimately this case at least in theory could lead to dissolution of the trump organization as a corporationd his properties in his own name, which exposes him to a lot more liability in other matters. >> i think we should focus on that because the headline was, oh, he is not going to cooperate when it comes to donald trump. it's not without some peril, perhaps, for donald trump that you could see the trump organization dissolved here. there is a lot at stake for him. >> exactly. and letitia james also is likely in her state civil case to eventually seek this. you know, recall when these charges were brought as an effort to leverage weisselberg that i predicted would fail and it did to move against donald trump, it was poo-pooed by trump's representatives and lawyers who said, oh, it's not that much money and everybody does this. this is $1.8 million of taxable fringe benefits that were evaded by not reporting them. by the way, the median wage worker in america, the person half earn more, half earn less, would need 52 years to earn that much money, the average wage about 40 years. >> so one

president trump and not about the pocket book issues that are crushing all americans. >> kayleigh: david, but what it says to me unless the d.o.j. wants to give us other information is this is corporation. they were -- cooperation. they were asked to put a lock on the basement. trump team put a lock on the basement. they were asked to turn over surveillance footage. trump team turned over surveillance footage. what is happening? as hunter ascends the staircase of air force 1 as a raid happens at mar-a-lago, in the following day, a republican congressman's phone is seized. no wonder half of america says we want answers now from a silent government who happens to be the political opponent of donald trump. >> david: paul pelosi jr. has business with chinese companies and those businesses under investigations by the federal government. something dagen said makes sense. keep it open. keep the questions out there. keep it under seal, but i want to add this to your point about releasing the warrant. it's not the warrant that matters as much. it's the affidavit that supports the warrant. so while the judge may say release the warrant, america, the affidavit is what matters. that's what is in t

trump took on the corporations and said i'm here to fight for the american worker and brought manufacturingbs to america, and farmers who were struggling beforehand started doing great, through trade deals that were extraordinaries, i read about president trump a first trip to saudi arabia and israel and visit the pope in rome. and radical extremism was a major issue. president trump didn't run from the problem he ran to the problem, got all the world leaders together and said we'll solve this and created tremendous peace. >> when we come back. a great book. jared you so up at white house with donald trump. who is an unconventional conservative. my question when we return, how do you fuse those two. did you change? or did the atmosphere change then you realized, wait a minute, things are different than i used to think, we'll be right back. ♪ um, she's eating the rocket. ♪ lunchables! built to be eaten. ♪ ugh-stipated... feeling weighed down by a backedup gut" built to be eaten. miralax is different. it works naturally with the water in your body to unblock your gut. ...free your gut. and yo

corporations and they will not make investments in the economy. this is totally false. we can look to very recent experience to show that it is indeed false. we know that during the trumpinistration there was a massive tax cut to the wealthy and corporations. if it were true that the tax increases going to hurt investments, you would expect that the tax decrease unleashed investment. it 100 not. you look back on investments during the trump tax cuts, there is no break in those. it had zero effect on investments. this idea that if we raise taxes on the wealthy and corporations it will hurt our broader economy. that is a myth to keep the wealthy and corporations from having to pay their fair share. host: is the best way to deal with inflation by raising interest rates? guest: it depends on the situation. raising interest rates it slows the economy down. it reduces job openings and so workers have less bargaining power. wages grow more slowly, any feeding into higher wages get stopped. it is the appropriate thing to do right now, and when i look at the data they should really think hard about doing more increases in interest rates because what we see if you look over a lo

the trump's tax cuts was more on thee corporate side but were an enormous tax cuts i was able to bridge reagan to trump on those policies. i was too young for jfk just barely too young. i was really only 17 when i went into the reagan white house, that was a joke. and if i make, i want to go back. i am reading a book the title of which is the jazz age. it's about warren g harding way too far maligned. in the 1920s, inc., vice president calvin coolidge and importantly as treasury secretary andrew mellon may put together huge reduction in marginal tax rates. the income tax amendment i believe is 1913 the 16th amendment started out at 7%. woodrow wilson left office it was over 70%. we went into a recession after world war i. those guys brought tax rates down to 25%. launched a tremendous boom and prosperity. going to go one more pretty got to give me one more on this. another of my favorite figures is ulysses s grant.es now, he was arguably america's greatest general or one of its greatest generals. but gramps, as president, also much-maligned. my friend and colleague brett bear wrote a pr

the trump tax cuts, which were more on the corporate side, but were enormous tax cuts were cut from the same cloth as the reagan and jfk tax cuts. i was able to bridge reagan to trump on those policies. i was too young for jfk, just barely too young. i was only 17 when i went into the reagan white house. that's a joke. -- if i may come i want to go back because i'm reading a book, the title is the jazz age, but it is about warren g. harding, a much maligned u.s. president, way too far maligned. but in the 1920's, harding, his vice president, calvin coolidge and his treasury secretary andrew mellon, who was a great figure from pittsburgh and entrepreneurial banker, they put together a huge reduction in marginal tax rates. the income tax amendment was 1913. when woodrow wilson left office, it was over 70%. we went into a recession after world war i and those guys brought tax rates down to 25%. it launched a tremendous prosperity boom in the 1920's. i'm going to go one more. another of my favorite figures is ulysses s grant. he was arguably america's greatest generals -- they still teach s

stock buybacks are ways that corporations particularly after the huge trump tax giveaway two largest s in the country, corporations do these stock buybacks to raise their stock prices, and in which the executives. instead of spending that money on what would matter, lowering prices, opening new facilities on higher paying workers, hiring new workers, they do none of that because of the stock buybacks. this will decrease the number of stock buybacks, this tax on, them and it will also bring into the treasury about five times as much money as the carried interest, closing the loophole. again, we should close it. this is, in fact, better. i am thrilled it's part of it. senator -- chair of the committee have been working on this forever. >> look, it's important, five times bigger, and stock buybacks have surged, and companies often do. and they buy back some, shares are standing, price goes up, you are worth of shares to executives. that's the path you're talking about. one more point on the carried interest loophole because i simply, senator, have not understood why it has remained open.

trump organization for 40 years. he's pleading guilty to the crimes of not paying income tax on corporate benefits he received and shedding light on how this worked inside the trump organization. he's not expected to implicate former president donald trump or any of his adult children. they have not been accused of any wrongdoing. he's also not cooperating with the manhattan district attorney's ongoing investigation into the trump organization's finances, and in a sign of how committed both sides are to each other, the trump organization put out a statement today, calling weisselberg a fine and honorable man. and just to recap, he pled guilty to 15 felonies today and agreed to pay back about $2 million in back taxes, interest, and penalties and required to testify at that trial coming up in october. in ex-change, prosecutors agree that he would seven five months in jail. his lawyers say that could turn out to be 100 days. >> one of the items he admitted to is he did not pay taxes on some of the luxury perks he received. can you tell us more about that? >> reporter: yeah. so according to prosecutors and weisselberg's own p

the bad news, this does nothing to repeal the trump tax breaks that went to the very wealthy and large corporations. trump's 2017 tax bill provided over a trillion dollars in tax breaks to the top 1% and large corporations, and this bill does nothing to repeal that. mr. president, let's not forget it is very likely the congress will be doing a so-called tax extender bill at the end of this year that could provide corporations up to $400 billion over the next decade in new tax breaks. if that occurs, that would more than offset the $313 in corporate revenue included in this bill. so mr. president, that is where we are today. this legislation virtually ignores every major crisis facing working families who are struggling so very hard to stay alive today, child care, pre-k, expansion of medicare, home health care, higher education, raising the minimum wage, and more. ignores all of those issues. this is legislation which at a time of massive profits in the pharmaceutical industry takes a very modest step, which will go into effect four years from now, to lower or control the price of medicine. so, mr.

so it's going to be potentially a whole different experience for him, the trump executive is slated to cooperate in the corporate part of this, the trial of the trump organization, the leadership of that company including donald trump, jr., ivanka and eric trump, weisselberg, however still got the plea and he is convicted now, a felon,'s sea saying he did these things but not willing to cooperate against donald trump himself. trump insiders have long said weisselberg knows it all. >> i think that all roads lead to allen weisselberg. all fingers point to him. >> the only few people in the trump organization that know anything about the taxes is mr. trump, who knows everything about everything, allen weisselberg, the chief financial officer. >> do you think he could be the ultimate tour guide into the trump orbit? >> yes. >> allen weisselberg on the check. mr. weisselberg for sure. >> andrew, is it a big deal that the trump org is going on trial and what does today mean? >> it is a big deal. i am somebody who i think like a lot of people prior to today had a lot of skepticism about the manhattan d.a.'s office and

trump along with former arkansas governor mike huckabee. if you're going to raise taxes on oil, gas, coal, corporations and small businesses, lara trump, i thinkgoing to pay the bill, that's the american people, and those people making under $400,000 a year, so they are lying to us. >> of course they are lying to us, they've been lying since the beginning of this. the inflation reduction act, give me a break, what an insult to americans. and even tried to slip that name in there, we could see from the very beginning that it was going to do the opposite. obviously all the experts have said that, but to see joe biden, sean, go from vacation to vacation and then in between sign this bill just to cause more hardship for americans, it is really incredible. i've never seen something like this happen. if joe biden's goal was to do the opposite of donald trump, he is nailing it on the work ethic front because we know my father-in-law was working 24/7 for the american people. here joe biden is on vacation. perhaps it's a strategy though by his staff, because i'm sure these people are exhausted cleaning up the mess that he leaves behind any time he take

are describing is if corporate taxes were to rise would they pass that on to the workers in the form of lower wages, not of higher taxes. we have this discussion when donald trump cut the corporate tax by their logic, the wage of workers should have increased and it did not. wage growth was actually slower after they cut taxes, so the argument about who bears the burden of corporate tax cuts or increases is a long-term issue, and is not resolved. >> sandra: as an economist you believe -- >> the thing that is resolved, this cuts deficits by $250 billion. that's the main thing coming out of that. so it's strange to me that you are not saying the main finding of the study. >> sandra: ok. so, according to what you have seen, will this ultimately bring down inflation? that's the question. vance, i saw you reacting, this is from the pen wharton review says the act would very slightly increase inflation, increase inflation until 2024 and decrease inflation thereafter. deep point estimates are statistically indistinguishable from 0. thereby indicating low confidence the legislation will have any impact on inflation. vance? >> well, i think that's right and you know, wh

president donald trump says his home has been searched by the f b i. trump said the raid was not necessary as he had been corporate with relevant government agencies. my comment has more one uses coming to us from a statement issued by a former president, trump, or we've got no confirmation from the f b i. or indeed, any comment from the justice department on this alleged grade. president trump has released a statement on his social media platform saying, my beautiful home morrow largo in palm beach. florida is currently under siege re did an occupied by a large group of if b, i agency says, after working and cooperating with the relevant government agencies this announce rate at my home was not necessary or appropriate voting as on the way in kenya's presidential election. it's expected to be a close race between former prime minister reino dinger and the current deputy president william router voters are also causing their ballot and elections for parliament, county governors, and assemblies. the un special coordinator for the middle east has warned the security council that the sci fi and garza between israel a

trump stronger? that's next. large out-of-state corporations have set their sights on california.p 27, to allow online sports betting. they tell us it will fund programs for the homeless. but read prop 27's fine print. 90% of profits go to out-of-state corporations, leaving almost nothing for the homeless. no real jobs are created here. but the promise between our state and our sovereign tribes would be broken forever. these out-of-state corporations don't care about california. but we do. stand with us. ♪ ♪ >> will: several republicans including ron desantis and kevin mccarthy condemned the raid on donald trump. even some democrats like andrew cuomo have also criticized the doj. donald trump says the raid is a sign that joe biden is failing as a president and he knows he is on track to be crushed. so does this actually improve donald trump's chances in 2024 customer clay travis joins us now. great to see. what do you think is the political fallout? >> i think this works in donald trump's favor. i think it is a massive miscalculation. thanks for having become a good job last night

business growth, harms hiring so a lot of what happened under trump is a reversal of those policies, less regulation and tax cuts particularly corporate tax cuts which gave businesses an incentive to bring money back from overseas and invest it here and they did that and they hired and we saw the growth that occurred due to that. we saw the unemployment go down in poverty rate go down and incomes rise and so the problem under obama were policies that harmed the expansion of the economy, kept the economy from expanding at a faster rate and that is why we saw such slow growth for so long, he was holding the economy back and trump sort of unleashed its animal spirits and we saw the result. >> host: you talk about corporate taxes and investment which drives demand for labor and is good for workers when the press treated as a 0-sum game but can you talk a little bit about that kind of the bait? kind of interesting how many obama economists slip in favoring corporate tax cuts. >> i think honest economists know what will pass on these costs to workers. it's going to be passed on in terms of their pay, what workers receive and pay and what th

we know trump took the fifth amendment, hundreds of times, when he appeared before her. she has the power, unlike the tax case, she has the power to seek the corporate death penalty because of the pattern of misdeeds, trump's fifth amendment assertion. and she can use these weisselberg guilty pleas as part of that pattern. so, i think it's multiple danger fronts. >> what is the corporate death penalty? >> the attorney general has, in new york, the attorney general has the power an investigation of the kind, the attorney general is now doing, to seek a broader array of remedies of penalties then just in this tax case. >> it could wipe out the whole value of the company, or lead to its liquidation, breaking up the assets, i'm not saying she's gonna do it. but i am saying it's like the remake of ghostbusters. liz cheney, fani willis, tish james, watch out donald trump. >> you live in a golden tower playing around on your own airplane, why on earth when anybody want to be president of the united states? >> can't they also establish some supervision, -- >> we'll talk about that later. [laughs] senate races at once looked like a lock for republicans, are

that referendum began in 2016 with the election of donald trump, and establishment republicans did everything they can because of their corporateo try and suppress america first, to try and suppress donald trump, to include working against him during administration and then these voting for the impeachment of president trump and i thought the base would just go along with it because we are not informed, but the base has been incredibly awake, especially since 2020, that's what we are seeing, one after another we are getting rid of these impeachment voter traders and we are going to bring the america first movement to the forefront of the republican party. so i would like to encourage the remainder of the establishing to get on board with america first because it is the future of the republican party. >> laura: charlie, is it something to see the once great bush cheney legacy and dynasty to just completely embarrassed himself? there's just no learning from what the electorate wants. they just keep insulting the electorate. >> no, and, you know, after barack obama, the biggest cause for the rise of trump was bush cheney, and thei

trump organization for 40 years. he's going to enter a plea to a 15-count indictment, these are tax fraud charges where prosecutors say he didn't pay taxes on corporate benefits he received, including company apartments, cars, and private school tuition for two of his children. part of this deal, weisselberg will testify against the trump organization. they are set to go to trial on the same charges in october. so that's pitting weisselberg against the company he's worked for, for most of his life. but under this deal he is not going to be cooperating with the long running investigation by the manhattan district attorney's office, into the trump organization's finances. that investigation under the previous district attorney was looking toward possibly bringing charges against former president donald trump, the in district attorney alvin bragg had caused that investigation saying he wanted to see if there was more evidence. so allen weisselberg who knows a lot about how the trump organization works, and is very close to the family, will not be testifying against them, will not be cooperating in that long running investigation. now, we will hear him s

thatn referendum began in 2016 with the election of donald trump and establishment republicans did everything they can becauses of their corporate greed to suppress america first, to trysu to suppress donald trump, to includepp t working against him during the administration and then these 10 voting for the future to president trump. t and they thought the base wouldi just go along with it because are not informed. but b the base has been incredibly awakened, especially since e 2020 .se and that's what we're seeing is one after another we're getting rid of these voterre traitors and we are going to bring the america first movement to the forefront of the republican party. so they encourage the major of the establishment to get on board with america first is the future of the republican party. >> charlie, it is something, is it not to see the once greata bush cheney legacycy and dynastb to justar completely embarrass themselves? i mean, there's just nohe learning from what the electorate want electorate wants. they just keep insultingey the electorate, you know, and you go after barack obama, the biggest cause for the rise of tru

trump never divested from his business. so he was still at the top of the corporate structure at the time that these crimes were committed. as we said, former president trump is not named here. but this took place as you just said over 16 years. is it conceivable that the former president didn't know what was going on? >> well, the district attorney the manhattan district attorney was preparing an indictment against mr. trump himself. that never went forward for a variety of reasons, mostly having to do with the changeover in district attorneys. everybody that i know that has ever worked for trump and we saw this in the in the january 6 hearings, everybody that seems to work for him makes it clear that he has a very sharp eye on what is going on around him. that said he was not charged. , his company has pleaded not guilty and there's been no evidence introduced of his personal knowledge, except that we did here today that one of the accounts that donald trump paid a sum of the benefits the private school tuition from his own personal account, and also kept a record of some of these payments. as to whether he knew it was

trump came back. it was his first trip there. he arrived and it was a huge coup for schwab who returns the forum and pretends to be all about corporate government and transparency and lobbied trump for boosting inclusiveness in america because it was such a coup to have him there. theio conventional wisdom on the coverage is this is going to be a real clash and here's trump the wrecking ballpointed at economic order and was against international cooperation and he's the enemy of everything that davos supposedly stands foo and it quickly became clear that people didn't understand and they were falling for the official program and mottle real davos where mark brings in the black eyed peas for his broker and friends and facebook rents a whole villa on the main street and davos hotel with the belvidere and consulting output and these guys are licking their lips.mp donald trump is the guy that's giving away money to rich people. they understood that really clear and they would say, yeah, you know, we can stand to have a little less of the misogynistic rhetoric and we don't want to apologize and don't like him threatening to disown the ame

yamiche: the 18 month investigation into the trump administration's traumatizing policy of family separation. next. >> this is "washington week." corporate funding is provided by -- consumer cellular. additional funding is provided by the ewan foundation. bridging cultural differences in our communities. rose herschel and andy shreves. robert and susan rose and bob. the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> once again, from washington, moderator yamiche alcindor. yamiche: good evening and thank you. it has been annexed ordinary -- an extraordinary week. legal challenges for former president donald trump and it has been a week since a search warrant at mar-a-lago. trump under investigation for possibly violating the espionage act and possible obstruction of justice. fbi agents were looking for nuclear documents and carried out boxes of classified information. after the search, republicans expressed outrage. >> we now find that justice in america is n equal. whether you want to go after a political person or not. yamiche: on thursday, the attorney general made a r

these are the same republicans who slashed corporate taxes in the first year of trump's presidency. democrats said this is a key element of trying to finance the entire package. they want to propose this 13% corporate minimum tax. keep in mind, the corporate tax rate right now is 21 in the united states. as you and i both know, many very wealthy corporations, which make billions of dollars a year, and paying effectively nothing. this is about establishing a floor, saying no you can't have a tax rate below 15%. yes, the implementation of this will be complex, there will be ways a corporation will try to find their way throughout it. but, taking a look back, looking at this from the full picture, i think this is a key element of the bill, it will be very effective. >> you heard ali vitale talk about this insulin thing. i talked to debbie stabenow, senator from michigan, when our, go who is very pleased to talk about the prices on insulin. republicans seem quite determined, this is pressure from the pharmaceutical industry. debbie stabenow makes the point, insulin was invented in canada

trump advisor peter navarro will also be here tonight, remember he was ambushed by the fbi at an airport, dragged away in handcuffs and shackles because of a miss demeanor charge surrounding his refusal to corporate with the sham january 6th committee. also a full report on the corp. miffed low level trump hating judge magistrate who signed off on the warrant and by the way john solomon has late breaking news on this. and the very latest from new york's attorney general, leticia james now fulfilling a campaign promise to prosecute donald trump, promise full if i had and made. we'll also show you how the former president is fighting back. this i had have yo's very powerful. take a look. >> we are a nation that in many ways has become a joke. but, soon, we will have greatness again. it was hard working patriots like you who built this country and it is hard working patriots like you who are going to save our country >> sean: more of the 45th president straight ahead but first many of you tonight are very angry, rightfully so. the fbi has blatantly targeting our fellow americans for their political beliefs. the bureau's reputation has been shattered. my faith in an organization, i'll be honest, i ha