College for all. And to his credit exactly how he plans to do with even though wall street does not like it he once a 50 cent tax on every stock trade that could raise the billions even though some fear it could grind the market to a halt so steve you dont take it has a good ring to it . The idea that it is insulting to those that our successful. We know that people who succeed are those that accomplish a lot successful in business or the arts and somehow said deck was stacked in their favor is insulting most people succeed because of their hard work with the risktaking and that is what america is about. That does get old. I dont think would Hillary Clinton says is that people want to become rich going into the upper middle class. But talk about the 50 cent tax that is minimal. But that it allows individuals to go to college to not get Student Loans that has been a drain on the economy. But when half of the cards are not even part of the deck . What people . Some for very good reasons but when i was said in graduate school it was low 20s how is it a double . Period people parent pay their share with this sales tax. Neil come on. You have to get more from the rich. But they are paying. That is what drives the economy. But leaving that aside is it a set up to invite republicans . The top 1 now pay 40 percent of the income tax to they think they should even pay more . We will have a tax system that isnt a wise course of action but on that transaction cost this assayed business show there are trillions of dollars of transactions it is a massive tax increase on owning stocks why would we do that . Because you found a new revenue source. Not particularly. Neil have you ever seen as attacks that does not go up . But i have seen them that our progressive and fair. What you are doing is allowing people to go to college for little or nothing not to take out Student Loans. Neil but other people pay for it. Look at Governor Cuomo talking about burning taxnjr credits for low income families the you could actually do tax credits. Neil i think ed is a little less onerous but here we go again and baby to the point where we point out even though it is their fair share at the top rate then there is a few more then to readjust the tax code. What is the now for the fair share . I cannot keep track. I think the tax system is already highly progressive but look at who Hillary Clinton is talking about something she may not understand is looking at the people in that category and what they do for a living is they own and operate an investor in the Small Business. How you get more jobs out of Small Business . Because you invert invested in though workers. How can you look at these employees if you put a little more money in their pockets. Neil but there is the point where the heart and the brain have to intersect. It goes back to the point of Higher Education and if you look at what Bernie Sanders is doing. Look under the hood to find ways to make the colleges and universities the biggest ripoff. To cut costs. Neil i will say you do a disservice. [laughter] you both third your points very well the reality is that all parents sang grandparents go into debt to help them now. Those in the age group of 65 through 74 has six times the education in debt now than 25 years ago. The former indiana governor says that is putting their Retirement Savings at risk and that is not productive. So what do we do question mark we do try to control the cost of college year at perdue we announced three and four of no tuition increases himself for the first time we have a lower cost of attendance than a couple years ago. Neil does that affect any moneys coming in . Or did that help . One. Rehab our record surge of applications with the highest increase of any university we are aware of. And that helps on the revenue side. In those that are not simply robotic leave raising the tuition year after year. So we looked in every corner for ways to do what we do more efficiently to concentrate spending of those things that matter. Neil i told you it is brilliant and i hope it would be contagious but it is not now we get back to the notion that the cost is so onerous that we have to have free college for all. Not all liberals dont like it to. What do you think . It is not a serious idea. Sans second the young people of purdue or anyone else with this Entitlement Program that is the huge concern are incidental to and any suggestions to create another obligation by the way flooding the market place is why College Costs so much they pockets the money and raise the prices if you get somebody something for free they dont protect the cost that is another reason why it isnt a good idea. Neil if the stock market is the different world in one bank of america now says may look at a scary summer. And it is inevitable. You can call me shallow. But, i have a wandering eye. I mean, come on. National gives me the control to choose any car in the aisle i want. I could choose you. Or i could choose her if i like her more. And i do. Oh, the silent treatment. Real mature. So you wanna get out of here . Go national. Go like a pro. You total your brand new car. Nobodys hurt,but there will still be pain. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do, drive threequarters of a car . Now if you had a Liberty Mutual new car replacement, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. New car replacement is just one of the features that come standard with a base Liberty Mutual policy. And for drivers with accident forgivness,rates wont go up due to your first accident. Learn more by calling switch to Liberty Mutual and you can save up to 423. For a free quote today,call Liberty Mutual insurance at see Car Insurance in a whole new light. Liberty mutual insurance. Neil the market tumbling on itself trying to imitate rods sterling. But back in america awarding warning to hold onto your caching and your gold that the bear market is closer than you think. Is a you are optimistic but bank of america says were running out of room . To give anybody trusts of major banks on their predictions they should check their track record. But todays market environment is not that bad. With corporate Balance Sheets in better shape than they have never been. They pay down their debt and Interest Rates are at the alltime low. This is the environment to feed on itself because there is no whorls to go except for equities no where else to go except equity. I think it will be great until it is terrible. Look touched the period may through october it is a classic down period most men and most money is made between may and october not november through april. The valuation is of major issue or even looking at the vibration metrics things are very expensive. Neil and then we have that wall of worry. But we have continued to do that the argument is you cannot keep doing that. Valuations will get more expensive and i heard experts to say it is that 18 times earnings and reality is they cost people a lot of money looking at the evaluations from 2007 or 2000. The market is still cheaper today than it was then. So valuations could still go up and looked at the seasonality argument does not work is only right half the time. Neil but you could make the argument that it would change the map to make it cheaper . You have 474 billion in leveraged in the market today the highest level in nominal terms or the percentage of a market cap since the year 2000. Neil if the market is down those that borrowed half to give the back. Is a forced liquidation. But it has only gone up over the years it was flat line from january through january and added 20 billion in the last month. Neil so you say selloff and the summer is not the case . No. If you are at home watching it to think about by gold it is in the Lindsay Lohan market. What a good month one bad month it cannot be trusted you know, what her a your house you dont want golden your portfolio. Neil just a minute. I completely disagree. Gold as a portfolio hedging is essential we have so much leverage in the system. Neil we will see what happens. Lindsay lohan that is scots idea is. Now wait a minute. What about this democratic field . Good. Very good. You see something moving off the shelves and your first thought is to investigate the company. 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Neil the Washington Post headline says it all the field that i guess they can get away without with that since it is on the opinion page but the candidates dont engender respect when it comes through south carolinas senator Lindsay Gramm testing the president ial waters there in the latest with that elusive quest for air time but it is pretty clear they dont make much of this field because there after going through donald trump for huckabee or carson or even a governor pataki perhaps the smallest it makes you wonder if he likes anybody. It is a crowd but why does that make it a problem . He thinks theyre all jokes prexy has the right to his opinion but be careful because of memory serves me right the thing about the democratic field in 1992. At the time theyre up against george bush senior who was brushoff liberating kuwait Approval Ratings north of 80 . The seven democrats challenging him really did look like the seven dwarfs and tell one of those got the nomination and had a remarkable zero candidates for but that was bill clinton he got everybody dismissed that everybody laughed at to become the incumbent president. Then be where because in the end they are the ones that our proven to be the clown. Where to rigo with this . There are a lot of clowns in the car but there are some good candidates you only know that from Mainstream Media coverage. I think the nfl and this is an that has commons from every election cycle is part of the process stemming she was quoting other writers who said the same thing. This is part of the process that you go to the fair you have tears participate sorts of funny or those gestures but in reality this pool of candidates is probably among the most qualified in some time for preyou have some successful governors and interesting senators and a former top ceo with carly fiorina. It is hardly a clown show. I dont know how you label it that way maybe the past republican primaries but not this one. Neil we forget our perspective even from Hillary Clinton does not look like she is beatable then to say it is her race to lose but that was the sentiment in 1992 when it was george bush saying years race to lose and he did. And to look much more unstoppable with the scandals that are surrendering her but better a a clown show then noshows all. Is hardly to make our raisin tell hillary consent clinton answered a few questions today so maybe it is better to have a show at all ; only have one nominee then we will see how that goes but you cannot tell which converges until you take them seriously. Thank you for. Watching these candidates they are expected to make appearances on my new show on june 1st cavuto coasttocoast and to celebrate a concept of a new picture. That is really me on a Surfboard Holding a a briefcase in the Smith Brothers suit. Stay right here on fox business the bulls and the bears. Keep your head above water. Riding a wave of support to become the Top Business News journalist and is a little wordy but get to the point of the downhill market trend crosscountry. Then it is audit will be june 1st sometimes they dont look out the window but your idea is that is great we will run with it. But the guy who came up with this did he really just come up with this that puts others to shame . New york state is reinventing how we do business by leading the way on tax cuts. We cut the rates on personal income taxes. We enacted the lowest Corporate Tax rate since 1968. We eliminated the income tax on manufacturers altogether. With startupny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. All to grow our economy and create jobs. See how new york can give your business the opportunity to grow at ny. Gov business my school reunion. I dont know. Who wants to play in idaho . Gotta get milwaukee up to speed. We win in flint, we take the lead. Well close the deal if we just show. When its go, go to the new choicehotels. Com. The site with the right room, rewards and savings up to 20 when you book direct. Choicehotels. Com neil the president focuses on one equality. That you dont need as far. We need to reduce poverty. There is only one thing that does that it is Economic Growth in one system is repeatedly proven to have sufficient growth to reduce poverty to increase opportunity it is free market capitalism so free of the business sector to generate Economic Growth. But those jobs were created under his watch. The number one job creation is bathetic the Labor Participation rate hasnt been this low since 78 when carter was president and it has been this low a year and a half but it wasnt under carter. We focused on things like assuring people are getting benefits if they have the opportunity to work for the earned income tax credit. Then they come back to say look at what is going on with parties they are doing great. But they are going up there they even by the 1,000calorie bergers. [laughter] they are doing something. Obviously it is food . The good thing is people will eat no matter what. Since the oil prices have dropped prices have gone up significantly to put money in their pocket and pockets and they will come by them from you this is why we can sell the juicy burgers. Neil these are huge because it is a hot dog. Half pound patty and highprotein. Neil then you have a gorgeous model. Get works very well for our company. [laughter] so that consumer thinks they dont have money to splurge . One of the advantages is if he had 60 in his pocket he had 60 now with his 30 and he will eat on the way home. Neil but you were doing very well. Bayou are worried about the push for a minimum wage then all bets are off to. If you increase cost obviously you decrease the restaurants that oh bin because People Project out expenses by years and even the prospect of a significant increase kills jobs even the Budget Office said increasing at 10. 10 will kill half a million jobs. They are going up. Neil i think about apple that if you give away these burgers this was a throng. [laughter] i thought they were here for me. So even with the 1,000 calories people will pay if they like it. So maybe they worry too much of washington . I dont worry about taxes just because of our business i have kids and grandkids i have a huge opportunity in a country we could realize those opportunities because of Economic Growth to support the independents of the Business Community and that declined with lost opportunities because we dont have the Economic Growth we need to generate the benefits what the American People are used to the last six years has not worked. There is a lot of people that i like a think the most viable or alphabetically bush rubio and walker seem to be the most viable i love Bobby Jim Dalton and curly for purina. I think is christie has each issues another northeastern republican and where people question conservative credentials. Neil who is the best of the three . Bush or rubio. I dont want to take up position and yet i like all three of them they would make great president s but to has to best chance to win and get behind them. Neil he has then in the business for years and is still very fit it is weird. [laughter] but when isis terrorist take time for pictures to show off we are running a time. Automotive innovation starts. Right here. With a control pad that can read your handwriting, a widescreen multimedia center, and a headup display for enhanced driver focus. All inside a redesigned cabin of unrivaled style and comfort. The 2015 cclass. At the very touchpoint of performance and innovation. Neil en is isis smarter than we think . With the and bar province of the capital ramadi and we are underestimating the financing behind them because the more i look at this i think we have relegated them but they are smart how they go about doing what they do. Absolutely. Think back one year ago today who would have imagined they would invade iraq, take over major areas of syria to execute americans and burned the jordanian pilot alive then to take control of ramadi. Neil how did that happen . I know we minimize them we didnt appreciate by then it was too late without a coordinated response . It is the great question there is a lot of opinions. Again just not putting the proper party or understanding the threat is key but what about moving forward . How will we continue to unite the Iraqi Government that is also part of the problem. The strategy Going Forward is whole social immediate threat in my opinion is whether we doing to combat that . We know there is a lot of mistakes but we are here now what will redo to address it . It is the serious and difficult situation. Neil i am old enough to remember the fall of saigon. Will it be a matter of time before we see the same thing . I dont kill there is the huge shiah presence that will hold down the fort where it is a little different but all Things Considered we dont need to not appreciate that could happen in and try to stay out of it. Neil if your so antito be involved in the region as a candidate and through your presidency maybe you dont care. I hope we do. I hope we dont turn our backs totally on the iraqi people because at the end of the day theyre trying to do what were trying to do to give the best living possible but it is a difficult and serious situation that will take time to get our hands around neil great insight. Many people think were wasting time in my next guest thinks were wasting money. As the army was accused of throwing out of control parties that is the kind of stuff that bugs as congressman and that is a clear sign we have lost focus. What happened . We are a nation and in debt it is 18. 1 trillion here we are spending billions and billions of dollars in the country of afghanistan it is well known in the conversations as the graveyard of great empires. If we keep spending money and blood we will have to have a headstone for america because we will be the next nation in the graveyard. Neil if we get out of afghanistan we focus on iraq the argument is with a whole region. We have a 10 Year Agreement that the president signed with the president of afghanistan to be there ted or years to spend billions of dollars every month we cannot even fix the roads than the schools and get Veterans Benefits here in america. I will tell you that a nation that cannot pay its bills as a nation in trouble and that is where we are headed. Neil so you say get out entirely . I say lets cut our losses to get out of afghanistan not to stay there nine more years with nothing to show for it but amputated lakes and spending money we dont have to the foreign government. Neil ion tristan but when isis takes over half of iraq can you live with that . We have to recognize there is nothing we can do . We dont need to let the country take care of the problem. Give them support but dont take the lead if bush never had taken vows of on his say we wouldnt have the problems that we do today. Neil thank you very much. The unintended consequences burglars are getting on drones to get inside your home. When a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be Ready Anytime the moment is right. Plus cialis treats the frustrating 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. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Why pause the moment . Ask your doctor about cialis for daily use. For a free 30tablet trial go to cialis. Com neil you wonder why some people are single . Burglars are reporting to use strong helicopters to see if nobody is home. 21 Technology Group route of the unintended consequences that should not shot best . And dash is disheartening bush did not shock as but interestingly it is a problem affecting government officials which is the good way to make sure it gets attention. Neil so no surprise they would check out the neighborhood or what is insider outside the house . What else . Interestingly the future of your home alarm has grown detection many have already came up with those. Neil they actually have drawn detectors . They do. Some can take them down like a hunter. Neil get out. Some are detectors to sound the alarm. So it is a glorified microphone because they are very loud. Neil really . A good company to invest in. Do your research. Neil apple how does talk about getting into the tv business there is nothing new there so enough of that so now on to bigger gadgets. Maybe cars but carl icahn says one of the reasons why apple attracted him to the stock that will double is it will venture into the new areas i say cars but not tv . I hope we dont get the tv. There in the right part it is more content but are rare it is our hard category and people dont buy televisions that often it is only once every seven or eight years and apple likes categories that turned with the i pedal or things like that they turn at a higher rate people will research the and it sits there. It could be the screen it doesnt have to be the big tv. I hope they dont i dont think that they will. Neil but what about the car . I am okay with the eric driverless cars. Neil so what happens if apple targets more traditional venues like a car . Is their money to be made . Huge money there are multiple ways to make of fortune cars sharing and automation and he leaped content is somebody drives it you need the ipad to watch netflix. Neil are derived by the house to see the drone. Thank you very much. The new study says overweight people pay 100,000 more and cost to the rest of us a lot. I do not buy it and will not let it slide. New york state is reinventing how we do business by leading the way on tax cuts. We cut the rates on personal income taxes. We enacted the lowest Corporate Tax rate since 1968. We eliminated the income tax on manufacturers altogether. With startupny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. All to grow our economy and create jobs. See how new york can give your business the opportunity to grow at ny. Gov business the ones with the guts to stand apart join a league all their own. Its more than the cloud. Its security and flexibility. Its where great ideas and vital data are stored. With centurylink you get advanced Technology Solutions from a trusted it partner. Including cloud and hosting services all backed by an industry leading Broadband Network and people committed to helping you grow your business. You get a company thats more than just the sum of its parts. Centurylink. Your link to whats next. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. Neil i always said fat chance but now you are stuck with the bill because a new study says you are costing almost 100 grand with shortterm disability payments and the soontobe radio host extraordinary does not buy this. Why not . I have not been to a doctor in nine months. We talk about health care blame Pretty Healthy i do think it is genetics and though lot of skinny people go back and forth with all the big hospitals. I dont buy it. [laughter] neil obviously that it cost all of us more and you better watch yourself because we your coming after you because you cannot take care of yourself. I say i have done stuff for you here for many years i worked at the airport i have taken care of my a family and i used by six days last year and three of them was because of my kids. I consider myself lucky i try to watch what i eat i watch it go down my throat. [laughter] neil you are who you are but this is what i am worried about with the food police are on a mission then stick people with the bill to ignore the fact that skinny people get sick as well and there is a risk. The food police has already started i am two i am. They know i will order a big plate of macaroni but no doubt i watch out for my son and daughter but they do think the statistics are frightening they do think the kids need to play basketball. Neil i dont know if you saw earlier with the carlsberg urge corals burger guy was on a but it looks delicious. I do think anything in moderation i dont smoke like when i was out chasing women. Now i spoke 30 or four per week. If people use common sense but is the way to go. Neil good luck with the show i have no doubt it will be a hit. I never had a problem if you just keep them small. Neil i hear you. Platoon. Aconite leaving get access to the master bathroom it was so clogged with the stuff. It was onceinalifetime plus plenty of surprises. This is worth 50,000 . Usually wrapped in of blanket in a bathtub. Jamie