Also in this playlist...
This transcript is automatically generated
All right Rupert Murdoch we rent the cable so in Washington yesterday as some of the revealing things that the economy.
Later on and so you hear that to Ben -- And I on this growing battle against the rich blue wood river was kind of saying -- is how high is high he thinks a lot higher woody -- -- Well I don't mind frankly of their higher on very rich people and we spend too much money as a society on our government.
We spend way more than we're taking -- The question is where do we get it now we can borrow it that's -- -- -- -- But generally speaking in this held to be some limit to that.
Where do we get the money if not -- rich people where we -- -- what do you think yeah well I guess this got a real limit on that right I mean an easy correctly pointed out we always talk about -- -- freeze.
Discretionary spending an ever get to do that would try to just never -- you -- -- the Republican NSA today.
So if it's not going to be the return of the 39 point 6% top federal rate throw in states that are considering surtax is Unser taxes and it isn't a stretch to get up to 60%.
Ed did democratic lawmakers -- with me -- -- you forget it used to be 90% we have a lot higher to go.
It used to -- united present during world -- two.
And that was on handguns or considered stunningly -- at that time in the vicinity of a 100000 dollars.
I don't see why he should not have a higher tax on very rich people based we'll still have plenty of money to spend and they're not gonna really sucks or however broken down what defines very rich and then just merely rich.
How much do you might have to thank you want it.
I don't like your line and I said it'd be -- double whatever you're doing yeah whatever I'm making it could be double that that's definitely a high risk that I I don't know if the raiders are you know I don't think mr.
McCain was wrong when he's at five million dollars they're awful lot of people -- five million dollars a year -- -- And they should be paying more taxes and.
But not a huge -- the main solution has got to be to keep some federal spending under control.
And by the I'd like if I could even -- might -- your god like that fits here for a second.
I couldn't do this horrible story of the shooter and -- I'm -- Keller of the murder the terrorism bigger and what I've read each day's newspaper.
I feel like killing myself at the end of every day I said in my life until -- killing my time to read in the paper and I -- a very very comfortable life.
The news is so relentlessly grim I can see where people.
Become my homicidal or suicidal or -- of the news is just so relentlessly Graham it's almost unbearable.
What we have had a lot of incidents globally and stood.
Peaceful communities that suddenly disrupted since craziness that we data to say that some statistics don't prove that you -- mortars and bad times I don't know who's accurate but well I don't.
I don't I'm sitting on states I was slightly ever I'm not -- the news isn't really that bad in real life and if you're out among them.
If you're on an at an airport here on airplane if you're in -- hotel if you're -- down the streets in Georgetown -- Manhattan -- Beverly Hills.
Are even not in a non rich part of Los Angeles.
People look -- -- -- all the restaurants are full people are laughing and smiling and joking and Denver everyplace I go.
I don't understand the newspapers are so unbelievably Graham light doesn't seem to meet me anywhere near that grim in real life.
So of course the case of the newspapers a lot of shutting down so it could affect the perspective of reporters right -- -- -- But well they're killing themselves and we'll also are only interested in perhaps it's a very good point that -- do you think we are what we read and see was your pelted with my dad knew how bad -- that you are out.
I think bad news after bad news have been bad is look if mr.
-- had just been laid off by IBM and the -- -- -- -- say there are plenty of other jobs and all you need to do is that take three or four weeks.
To look for a job and by the perfectly good job.
I've got to be felt would have felt like killing anyone although we don't know I mean when -- -- aren't -- is not is a fruitcake.
But the but.
The news we're not so -- him I know that people would feel so grim and the news is not that Graham nine.
-- a number of people who -- have thousands.
Are even close to where closures throughout roughly 5% -- humanity but -- -- -- -- even 10% mean 95% of people are secure in their houses.
Either either -- it might -- -- as incredibly down spirits.
-- that's a very good plan I always love reading your columns so many venues because you have them and so many venues but I remember one on the and so I can't remember where -- but.
I know we can't remember where you -- stepping back -- all serious not bad from.
A lot of bad news zero concern about your financial.
Like everyone else you'd -- value of -- holdings plummet.
But you capital of the things -- grateful for that wonderful design a wonderful land that was big news -- some -- And it was such a great refresher on stepped back in and appreciate what you have not what you've lost.
Absolutely and you know what else you know what else that I may take this to be able if you brain -- if you don't get enough who were asked.
If you take drugs your mood is -- -- totally miserable and suicidal.
Mean it's very rare for Britney gets enough rest and as healthy living habits to feel miserable and suicidal.
A lot of it has to do -- having terrible living out your brain got themselves.
-- -- -- -- And and that's like a mother or father deluge that.
But it's true now in Iraq.
That's what proved the wisdom of Ben -- but -- always good seeing my friend thank you.
Filter by section