Gary b, you not only say we need tax cuts now. We need across the board cuts now. Exactly, dagen. The single biggest thing that president elect trump can do right now is cut taxes. My gosh, it would be so stimulantive to peoples spirits, through the economy. They finally get to see through the fog. I base my argument on with it things. One, it seems every dollar we give our wait a moment for, quote, unquote, stimulus is wasted. Do we have anything to show for the 1 trillion recovery act . The stimulus that obama had . I dont think so. Two, every single dollar we give to give the, it seems to get wasted. Look, building the highway in boston, building the parking lot for the kennedy center. Theres not one project i bet over the last 50 years that has come in on time and under budget. But, dagen, the bigger issue is this. Look, its the peoples money. What do people deserve to keep from their paycheck . Almost every single dollar, except for what we give to the government for National Defense and enforcing our laws. Everything else is there. We need to shrink government and move. Okay. Emily, this economies has grown at 3 for ten straight years. Do we need tax cuts across the board right now . Yeah. What better time . I mean, the fog of the last eight years of course as usual. I agree with gary b on this issue with tax cuts. Always do. We need across the board tax cuts. The trump plan is looking great. Free individual tax brackets. I would take the Reince Preibus quote with a grain of salt. We dont have all the context there i can tell you. Im in washington right now. I want to communicate the mood of republicans and conservatives in washington right now. If theres one word, its eager. Make change, get the tax cuts done. I think its going to happen, and i think well see it happen soon. Lets go to the democrat on the channel. Chuck, tax cuts now . Well, thats a good point. Im in washington d. C. Too, and it is excitement. Lets talk about these bills for a second, though. The house bills takes about 6 trillion out of our revenue for ten years and the trump bill does about 6 six or seven. Im sure my friend jonas will tell us all about that but lets break it down to a man who has a small business, an llc, lets call it a political Consultant Firm and my taxpayer was just here to see me this week and gosh i cant believe its going to come out of my mouth. But when i got through writing checks to the government, the dc government, and the federal government for a man who may have had his best year ever, make a couple hundred thousand dollars, they owe 39 federal tax, want another 9. 9 tax with the government. That gives me 50 cents on the dollar and big folks arent paying nothing. Quit squeezing the middle. Judd, i think chuck just came out in favor of tax cuts. Yes. My friend chuck from east texas did come out. Also in favor of waterburger, by the way, but thats a different issue. The personal income tax is not politically palatable, and i believe its quite effective as Corporate Income tax. You dont want to make the mistake that president obama made. President obama made was when he first got in power, he had a positive majority and passed obamacare in such a fashion that it created such ill will for the first seven years that no one will. President elect trump was politically palatable, reforms the Corporate Income tax. What chuck is talking about and gives these Small Businesses up to 50 income tax. That is completely unfair. Cut that down to 15 or 20 . They cant do Corporate Tax inversions. They cant lobby the government because they dont have money to buy politicians like these Big Companies have done for decades. This will go directly into the economy, directly to jobs, and directly to capital investmen i. And, jonas, speaking of jobs last year, we had the slowest creation since 2011. The economy not. Net right direction. Do we need both income tax and Corporate Tax cuts now . They already obama never raised taxes from the bush tax. Most people. Chuck rocha got a big tax hike. Theres no question about it. But that tax rate, the curve is where all the revenues come from. Cervical spine paying a single digit tax rate in america. So lets forget about how low taxes are now. Now, what is wrong with them is how complicated and ridiculous it is to get to your single digit tax rate for most people, which is why the republicans seem to want to model this out to the reagan 86 tax plan, which is exactly what they should do and that is tax reform. It is not just across the board tax cut like we saw with bush do. The second bush. What you want to do is simplify, remove deductions, get the capitol gas in line with the income bracket so you have less brackets, all of this complexity that has been added year after year after year and make it easier. But you cant have across the board net tax cuts. Were already running deficits now because obama didnt raise taxes back to where they were when really got into overdriv o. But, gary b, he did raise taxes, and we had a slower recovery since the 2008 recession than we did from 2001 to 2007. And how about on the flip side . Cut spending and cut taxes. Exactly. Look, if we include the obamacare premium increases, our taxes have gone up a lot. I know my premiums gone up 30 in the past two years. Thats directly the result of obamacare. So a lot of people across america have seen, quote, unquote, tax increase. As to the stimulussive effect, we didnt even tub that, but we know the economy boom under the kennedy tax cuts, under the reagan tax cuts and even the clinton tax cuts when he cut capital gains. So we know theres a stimulus effect. But it always comes under you cant afford it. Thats right if we keep growing government at the same rate. So cut back what government. Its already this enormous octopus out there that we need to cut the tentacles of. Were worried that its going to get bogged down with the republicans focusing on other things like trying to repeal and replace obamacare and then it just falls by the waste side. No. I wouldnt worry about that at all. I mean, this is among their top three priorities. I think its something that theyre putting a lot of effort in already. I think exactly what everyone else to echo. Theres a right way to do tax cuts pap i a wrong way to do tax cuts. It should be heartening that theyre modeling this off the reagan tax reform. But im telling you people out there should be pretty confident that this will get done, based on what i know and what ive experienced seeing from people on the transition team. John, final word to you. That whataburger reference got a reference as well. Yeah. I love it as well. If youre in texas, you understand wherehy you call yourself a nation. But if you talk about phenomen, he came in to quantify this, please. He had 2. 1 trillion as part of the revenue. It grew to 3. 2 trillion. A 50 growth in tax revenue in eight years. And despite that, the budget still doubled. The deficit still doubled under president obama. So its not a matter of just bringing in more revenue. Were at 19 of gdp for tax revenue right now about all the economy can handle. And these buffoons in dc still spending more than we can bring in. It doesnt matter what we can bring in. Thats a separate issue that we have to deal with. And headline from this segment is that chuck rocha wants to keep more of his money. He wants tax cuts. I hope all those folks are listening to that. Oh, my god. Im going to lose my job over this. Thank you, guys. Cavuto on business about 20 minutes from now. Neil, what have you got . Hey, dagen. Look at the jobs coming in ahead of the swearing in. Should the president elect be taking credit for these Company Pledges . And should antitrump celebrities listen up . Because look who is saying it is time to shut up. We are up. Soon. Thanks, neil. We cant wait for that. But up here first, unionbacked protests nationwide. They say its because hes against a federal 15 minimum wage. But some here say big labor could care less about these workers. This is all about their numbers. bell chimes nice work brother dominic. Now we just need 500 more. Translated into 35 languages, personalized oh and shared across the 7 continents. other languages spoken look abbot, i got it. Its a miracle. Oops. Uhoh. Get on top of it before they do. [crash] every 24 minutes, tipped furniture or a falling tv sends an injured child to the emergency room. Preventing tipover incidents is easy, inexpensive, and only takes 5 minutes. Learn how to secure your furniture and tvs to protect children at anchorit. Gov. For all of your headlines, foxnews. Com. Protest spreading across the country this week. Theyre bashing donald trump labor secretary pick because hes against raising the federal minimum wage to 15. Big labor bosses say theyre looking out for the workers bottom line. But, john, you say theyre looking out for big labors bottom line. How so . Dagen, that is exactly what theyre doing. Look, unions are dying in america. Theyve gone from almost 40 of the market to down to low Single Digits right now. Middle Single Digits right now. So unions have to manufacture crisis like this so they can appear relevant. Why 15 . Why not 25 . It was 12. The reason it looks good on a poster. Instead of fixing minimum wage longterm, they rather do this because every few years they can come along and say, hey, were defending the worker. The problem right now, though, is we lost 8 million jobs to automation manufacturing. Not outsourcing. Robots. Were going to lose more of that of these minimum wagelevel jobs. Need to be preparing their people for this and spending time getting them qualified instead of just trying to bring more people into unions for survival. Emily, if they get big minimum wage increase, many of these businesses, they end up having to cut jobs, automate, or raise prices. That doesnt help anybody. Absolutely. And that is what big labor is not explaining. So you have to feel for these people who are working so hard feeling like theyre not getting ahead and big labor is telling them, look, you need a 15 handout. I have good news for these people. Were now going to have a secretary of labor in office who is going to spend more time creating jobs than ever have. Hes going to create an economy where there are more jobs, more highpaying jobs, and its going to benefit them. So its want all bad news. They have great news. The future is looking bright for people who are in this position. So good news all around. Chuck, the fight for 15 is financially backed by the Service Employees union. They pay for these protests. Theres about 3. 75 million Food Service Workers out there and thats a lot of employees that the union could organize. But like john said. The fights really not about that. Most of those workers are right to work states, so its going to be hard for them to get to most of them. This is about the problem theyre going to have with their incoming labor secretary, and theyre going to have the fight of their life, so theyre trying to build momentum around an issue thats highly popular with the american public. And you make 10 an hour, and you start making 12, guess what you do with more money . You buy more mcdonalds. It will help stimulate the company. Ran the Parent Company of carls jr. And he knows if the government gets out of the way, you look at walmart, the average fulltime worker there makes way more than 13 an hour. Exactly. A couple points, dagen. The average Union Employee to your point makes 22 an hour. Why do they care about 15 an hour . I tell you why. A lot of their collective bargaining agreements are pegged to the minimum wage. So they dont care about the 15. They care that the base goes up because theyre going to get more. They dont care about the average worker. Chuck says, oh, yeah, the average burger flipper in mcdonalds gets more money to spend. Where do you think the money comes from, chuck . It comes from the franchise owner, so who he has less money to spend and open up another franchise and hire another 1 200 people. So thats that equation. And finally the only point about this is not only a peg to the minimum wage is that unions actually want to frees out. Its discriminatory against the lower skilled workers. Say john and i are competing for the same job. Both require minimum skills. John, though, has worked for two years, and hes in a union. Well, i tell you what. If im willing to work for 9 and the minimum wage is bumped to 15, well, youre going to look for john because john has a little bit more experience. So its actually discriminatory this minimum wage. It helps out the unions. Its all a scheme. It stinks. And, jonas, in some instances the unions go in, they get an exemption to the minimum wage, and then they use it as negotiating leverage as they try to organize companies and chains. Well, because all of these policies collectively are bad for unions, i dont know why they do back this. The reason unions have declined over the decades we just heard on the show, partially is outsourcing automation. But its because the government, state, local, federal is raising rates. All the stuff unions had to do 100 years ago labor force, they dont have to do anymore, theyve become run the, and this is a reason they wont exist in the future. The whole point is so you dont have to buy more mcdonalds with food. I dont know what hes talking about anyway for this. Well, chuck, youre going to get the final word on that. When people come together in collective bargaining. Most of these guys making minimum wage . Guess what . They have two or three of these minimum wage jobs because it hasnt been a great or other recovery. We shouldnt be punishing the people trying to work for a living. 3 of the workers make the federal minimum wage. I just want to point that out. Cashing in over an hour from now. What do you guys have coming up . Donald trump taking on fake news head on. Did the liberamea just meet its match . And find out why democrats are blaming me for a nasty battle on capitol hill this week. See you at 11 30. Thanks, eric. Well be watching. But up here first. Both the fbi and Justice Department are being investigated over the handling of the clinton email case. Guess which one the mainstream brother you dont have to be so strong. Caregiver strength is not optional. This is my mother. My purpose. Real muscle is lifting her spirits between bedpans and bad news from doctors that doubt her strength. Strength is buried in bills, managing meds and swallowing those moments of. Mom. Its me. Your daughter. Remember . My strength is super, but im still human, right . Announcer find support for your strength. Visit aarp. Org caregiving for care guides and community. Hey, drop a beat. Flix . Show me orange is the new black wait, no, bloodline how about bojack, luke cage oh, dj tanner maybe show me lilyhammer stranger things, marseille, the fall in the same place as my basketball . Narcos, fearless, cooked the crown, marco polo, lost and found grace and frankie, hemlock grove, season one of. show me house of cards. Finally, you can now find all of netflix in the same place as all your other entertainment. On xfinity x1. Anything with a screen is a tv. Stream 130 live channels, plus 40,000 on demand tv shows and movies, all on the go. You can even download from your x1 dvr and watch it offline. Only xfinity gives you more to stream to any screen. Download the xfinity tv app today. The department of justices Inspector General now reviewing how both the fbi and department of justice handled parts of the clinton email probe. But looking at the headlines, you would think its only the fbi under the microscopic. John, you say its more proof of media bias. Absolutely. They need escape goat. These guys were wrong. Theyre wrong about the polls. Theyre wrong about who is going to be president. They were wrong about everything. And think so sports exist because them. Instead theyll be around. They look down with a condescension of the very people who read and listen to the news that theyre reporting and paid good. Americas happy. These guys have to come up with for once. Gary. Ill sum it up like this. For the next four or eight years, however trump is in office, you will not read one positive word about Donald Trumps presidency. Unless he says i resign, then theyll applaud. Thats it, though. Not one positive word in the next four to eight years. Chuck. The fbi part of this thing is a sexy thing. Thats why theyre all covering it. At the end of the day theres nothing more sacred than our election process, and i think all of us should be investigated at the full strength to make sure nobody ever affects our election. Well, amen, chuck. Jonas. The medias bias is always ratings ahead of all the other biases, which is why the papers getting more coverage than all this fbi stuff. Believe me. And, emily. Yeah. Ill go off chucks one. The government has evolved into a soap opera, we cant keep up with the corruption at this point. Theyre still struggling to understand why donald trump antimainstream media drained the swamp tag line two of the same will things. Why that refunded with so many people. Why is he yelling at cnn . They cant understand it. Heres their answer because of things like this. Final word to you. Im still struggling with the fact that Loretta Lynch is not being investigated after that meeting on the tarmac with former president bill clinton in the middle of a Hillary Clinton email probe. Yeah, and also, the alleged collusion between the secretary of state and the clinton foundation. I dont like this comey deal either. I think it all wreaks of corruption. Theres corruption in all levels of government but the media itself, finally they dont like it at all, and theyre not sure what to do about it because it has never happened before. They always have owned the news. They dont anymore. Thank you, guys. Especially to emily and chuck. Chuck, tax cuts. [laughter] coming up, everybody, how these animals playing in the white stuff this week could have you making a lot of green stuff this year. Im just a guy who wants to buy that truck. And im just a guy who wants to sell him that truck. So i used truecar. It told me what other people in the area paid for the truck i want. And because were a truecar certified dealership, i already know the truck he wants. So were on the same page before he even gets here. Its fair. And its fast. Look good . Looks great. This is how car buying was always meant to be. This is truecar. Dagen predictions. Dagen, did you see george soros, the billionaire, bet against the market and trump. Dont do that. Buy the dow. Dagen jon, you like the dow . Yes, but i would wait to brie buy it. Dagen jonas, your prediction . You cannot buy your car in the golden state because of shower and storm. Right now all the great products. Dagen if only jonas would speak a little faster we would speak segments in. [laughter] neil maybe its working because now you can add the likes of amazon, Fiat Chrysler to the growing list of companies promising to create jobs in america, now, get this, mexico is ready to negotiate with donald trump over a border wall and trade. We weird is going on. Niel cavuto. Kennedy is here along with bein beinstein. Are trumps