Brilliantly used those laws. Liz donald trump with a fullthroated defense to a New York Times story that he did not pay taxes for decades. He blamed a nearly 1 billion loss on his 1995 tax return. Its good to see you, steve. Is this smart for donald trump to give himself that hes making a brillant move here . Let me say this. I think this whole story by the New York Times has been trumped up so to speak. The idea that you cant take a tax writeoff for loss, only somebody who knows nothing about business like Hillary Clinton would make that claim. Businessmen and women know this is as standard feature of the tax system. When you have a bad year you can write off losses against profits in a good year. I have never seen his tax returns. His companies paid 100s of millions in taxes and 100s of millions in property taxes. So he has been a tax generator. Im not so sure hillary can make that claim. Liz he said he has a fiduciary responsibility to his family and company and he has he paid prompt taxes and excise taxes. It looks like Hillary Clinton is trying to claim the moral outrage with fair share. Donald trump is saying wait a second. Washington, d. C. , you have blown hundreds of billions and trillions of dollars of our money. Who are you to take another nickel out of our pockets when you havent reformed yourself first. I think the trump camp is saying that. I didnt come up with that. But i like it. I think he said this before in a very helpful way. He said i pay as little taxes as i can. And i do, too. Nobody pays for taxes than they have to. He says the reason i pay as little tax as i can is for two reasons. The government wastes so much money, why would i want to send them more money . He said, number two, every time i can save a penny or dollars or 10 on taxes thats more money i can put into the business and hire more workers. I know this makes you nuts. This makes me crazy, too. Here is what we know. Congressional budget office. The u. S. Government has over a trillion in empty building that we spend 10 million a year to maintain. Thats housing for the peer. It could have gone to more productive uses. Let me give you another one of bigger than that one. The Government Accountability office a year oh two ago came out with a report, somewhere in the neighborhood of 50 billion of of 150 billion in erroneous and fraudulent the payments in medicare and healthcare. Liz Hillary Clinton doubled down again about paying fair share while the government does its fair share of spending. Paying our fair share. Its time to rewrite the rules. When the super rich start paying and unfair to american workers. We need fair rules and power to gain unfair advantage. Liz nancy pelosi has been in office since the reagan administration. Democrats have been down there talking about fair share. What do you think of Hillary Clinton trying to turn this election into fairness. We are just 10 days away from ohio starting to vote. I think its a losing strategy. Everyone wants fairness. The problem is if you look at income inequality, the evidence shows clearly from the Census Bureau that income equality has gone up every year obama has been in office yet he raised the minimum wage and we had tax increased on the rich. So their policies have not made the economy more fair. Trump need to talk about growth and jobs and how to make a bigger pie all together. If its a debate between me as republicans who want to grow the economy and we who want fairness and divided the pie into different slices. John f. Kennedy said a rising tide lifts all boats. Elizabeth 2 3 of u. S. Household get more from government benefits than they pay into the system. Will barack obama go down as the first president in modern history to never have a year of 3 growth . Unless we get some incredible number in the third quarter. This year we have grown so far at 1. 2 . How bad is that . We have quarter under Ronald Reagan when the economy grew by 5 . Growth is what americans want. Liz reagan also had multiple recessions to deal with. People say president obama has a great recession. Reagan had three recessions. The stock market. You look at the stock market from 198 to 1992 1988 to 1992. Over 15 years adjusted for inflation the stock market lost 55 of its value. Elizabeth governor Chris Christie and former snare Rudy Giuliani jumping to trumps defense, going so far as to call donald trump a genius forethought paying taxes. The genius of donald trump has been to make sure he follows the law which is exactly what he has done. There is no one better suited to change these laws. The reality is hes a genius. What he did was, he took advantage to save his enterprise and he did something we admire in america. He came back. The art of the deal is all about that. He talks about it. So did steve jobs, and so did Winston Churchill. He was thrown out of politics twice and came back. Elizabeth Winston Churchill also raised a lot of taxes in the 20s. Steve, is it going to play with the American People that donald trump is a genius for cutting his tax or is it more they misstated and they are trying to say hes the comeback kid to a certain degree. Maybe genius is overstating it. Every Single Person in america uses the law to pay the minimum amount of income tax allowed. Thats what donald trump did. He took a loss because he took a risk. That risk didnt and out so he took a loss. Is Hillary Clinton saying, you want to pay taxes when you lose money . Its incoherent and relies on the ignorance of a lot of voters. They are not people who are out there working and building businesses. A lot of them are out with their palms out saying you need free stuff. But normal americans will see right through it. Donald trump is what every working american can and should do. Thats Hillary Clintons point about paying fair share. Look at nancy he throwsy. Joe biden has been around since the nixon administration. The government is not about creating jobs, the private marketplace does it. And what the government is doing is take money out to redistribute through government benefits, right . Thats to of what government does liz requires a lot of it. Social security. Medicare, medicaid. Government tries to create the environment for Economic Growth. Let me address the taxes part with donald trump. We dont know whether he did everything legally or not legally because he hasnt released his taxes. He took a billion writeoff and he admitted he didnt pay any taxes. Here is why its a problem for him. I live my walter treed hospital. I have seen people loss their limbs and get rehab there. And the people staying across the street at the motel 6 are the families. They are paying taxes to pay for that veteran who lost a limb. Elizabeth hang on, im sorry, i hear what you are saying. There are 93 million americans contributing to the tax base. Elizabeth let me back up. The top 20 pay 84 of federal tax revenues. I understand the middle class family is getting hit shard with payroll taxes. We get it. There is something with the earned income tax credit that lowers peoples bills. But you said the u. St. Government sets the stage for Economic Growth. How can you say that when president obama is the first u. S. President to never have had a year of 3 growth. Take it on, curt. Is the u. S. Government setting the stage for Economic Growth . No. The u. S. Government is an anchor and a drag. Im in a groat industry. Im a trial lawyer in a blue state so things are good and im paying over 50 in taxes because im here in cali. I dont know, is paying more than half my time my fair share . Lets get back to this walter reed thing. I served 28 years as an farmy officer and was in two hostile fires. This is just a distraction. If you did not make money you do not pay income tax, but you pay property tax and sales tax and payroll tax, i know because im a Business Owner and i pay all those, too. Liz to curts point, its a new conversation people are having. What government are we getting for our money . The government has 2 trillion in federal deficit. President obama doubled the federal deficit with no square of 3 growth. And bill clinton had you are plus. Elizabeth lets move on. I think we are having a new conversation its good that curt and jim are having it. Hes also criticizing donald trump Hillary Clinton over her husbands affairs. Whats your reaction. Hillary clintons only loyalty is to her financial contributors and herself. I dont even think she is loyal to bill, if you want to know the truth. And really, folks, really, why should she be, right . Why should she be . Curt, is this effective with the voters within the 40 yard lines . Should donald trump be bringing up bill clintons opinion if i delts . I think its very effective with this voters. A lot of us who dont like the clintons consider her behavior as inexcusable in the way he treated women, and the weakness she showed when she is going to be facing peoplelike putin and the chinese and iranian leaders. But, look, when donald trump focuses on the economy and focuses stop jobs. When he focused on the unfair deal americas working people have faced, then he does his best. Lets talk about that. Thats where donald trump wins. We know Hillary Clinton is a bad person. We know donald trump is not a perfect bern either. There is no conceivable way on gods green earth that bringing up the donald trump, bringing up marital infidelities will work for him. Its not just because in the previous part of Donald Trumps life he was a serial adult earlier who made his fame and fortune in part by trading on being a playboy. We have seen it in the tweets in the last week. Hes kinds after bully when it comes to his dealing with women and whatever issues they have and whether they are fat pigs or fat slobs or the worst ever. I dont like to give donald trump advice, but im chewer the Clinton Campaign is thrilled when hes bringing up these topics. Absolutely thrilled. Liz fox business has you covered for the president ial debate. We have a special lou dobbs show at 7 00 p. M. Eastern time followed by you have to coast to coast. The state of illinois suspending 30 billion in in the investment activity. With wells fargo. We have a social experiment video going viral. We have a guy who brought an all lives matter sign to a primarily black neighborhood. He joins to usalk about the backlash. A ceo posting a loss of that size. He joins me next. 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They all have insurance crafted personally for them. Not just coverage, craftsmanship. Not just insured. Chubb insured. When youre on hold, your business is on hold. Thats why comcast business doesnt leave you there. When you call, a Small Business expert will answer you in about 30 seconds. No annoying hold music. Just a real person, real fast. Whenever you need them. Great, thats what i said. So your business can get back to business. Sounds like my rides ready. Dont get stuck on hold. Reach an expert fast. Comcast business. Built for business. Liz my next guest says the New York Times attacking trump is attacking what every other business has done. We know a lot of businesses take loss. Right . This is par for the course . Absolutely. Facebook has dont. Apple has dont. When our Management Team took over at ck restaurants at hardees the company was almost bankrupt. Being able to offset future gains against those losses aloud us to bring the company back. We now employ 75,000 in the united states. Had it not been for the tax code treating losses in that way, i dont know if we would have recovered or not. If the tax code discouraged investment, it would hurt everybody. Businesses grow the economy, they create jobs and increase wages and tax revenue. Allowing an offset for business losses against future gains encourages people to invest despite having sustained a loss. Hillary clinton did it. She took a 700,000 loss on her tax return. She got a 3,000 benefit. The New York Times paid no taxes and got an income tax tree fund of 3. 5 million in 2014. This is blown out of proportion. The children tons and their media allies do the same thing with their finances and criticize donald trump for complying with the tax code. You would think they would be embarrassed. But you cant trust these people. They are petrified about the change trump is going to bring to washington. The moral outrange is donald trump took it on his personal tax rerns. The s l crisis, he took hits to it. We have a list of other companies together same thing. We are just showing them right now, apple, microsoft. Whats interesting here, Hillary Clinton is held a fundraiser last week with apple ceo tim cook. Tim cook said there is nothing patriotic about paying more in taxes. The flip side to this, should we all be massively overpaying and the government massively overspending . I think thats a conversation people want to have. Nobody pays more tax than they are supposed to. Nobody. Not Hillary Clinton, not bill clinton, not the New York Times. Nobody pays more tax than the code requires they pay. To criticize donald trump for doing something not only that the tax code allows, but something it encourages people to do so they will invest is ridiculous. This is a hurricane in a glass of water. If this is the best the clinton camp has we are in pretty good shape. Elizabeth the clinton cas there is moral outrage. He should be paying his fair share for veteran care and you name it. 2 3 of u. S. Households get more in government benefits than they pay into the system in taxes. Its a pretty fair system right now. What donald trump is saying, you the Hillary Clintons of the world, you the democrats of the world are blowing peoples tax money. On what . When you tell people what percentage of their income the upper breaks the pay, they are astounded. When you ask what they should pay, they will Say Something relative to the amount of income they earn. But they pay far me and are covering many of the expenses mrs. Clinton used to take advantage of as an employee of the government. What they are selling the American Public is a line of b. K. B. K. Is a line of b. S. I hope donald trump will get on that line of b. S. And stop talking about the peripheral issues. They should be embarrassed to even raise this tax issue. This guy created jobs. She hasnt created anything. Liz Donald Trumps camp accused the New York Times of illegally publishing his taxes. This gentleman said mr. Trump could be right. They are the legal squad that sued the u. S. Government to get hillarys emails. He joins me next. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Like our most important delivery. Od. Helping the world keep promises. Liz there is a lot of angles that we want to get for you. It is a portion of Donald Trumps 1990 tax returns. It was a lot illegally obtained. It is an extension of the Clinton Campaign. In fact, there is a question does the First Amendment cover what it did. Could it be illegal for any person to publish. That was unlawful. Lets get to my next guest. Is a lock clear cut. Could it held liable. I think it requires an investigation. And then they verified it with other sources in a rigorous fashion. They conspired with someone in the government to leak the information there could be some liability there in my view. But there needs to be investigation to see that state tax forms. If they leak them or if they came out with the federal offices of the irs. It could be a criminal liability for that. There has been prosecutions. Bill clintons passport file was leaked during the bush administration. There were prosecutions over that. What is happening with the New York Times story. It comes fast on the heels of the executive editor saint he would happily faced jail time face jail time in order to publish Donald Trumps tax forms. Im not sure theres any chance that he well. If there is good to be an investigation its good to be into whether there was a government. There may be a possible crime there. I think will be of hard to get that. There needs to be in inquiry with the officials they have the records either in new jersey, new york, connecticut or in washington dc perhaps whether they were improperly. They insisted they did nothing wrong. Listen to this. Threatening legal action against you guys in the New York Times what are you saying about that. Last and i checked it wasnt a crime to check your mailbox. It would be a crime for someone inside one of the state tax forms but thats what our lawyers are saying. If its in the public interest. And makes a certain amount of sense. There needs to be an investigation on how these documents were leaked at the government and the government needs to do some internal investigations in those three states and in washington. Thats serious stuff. If the candidate has the government files leaked. That is the first place that you would look because the files are resident in those tax agencies in the state. It is a serious issue. The irs has been caught abusing its powers. Its not like it be a stretch. Millions of dollars worth of Jewelry Store alone. He says invasions like this to happen all the time. Donald trump is there. He is saying the taxes are unconstitutional. [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. It begins from the the second were born. Er. Because, healthier doesnt happen all by itself. It needs to be earned every day. Using wellness to keep away illness. And believing a single life can be made better by millions of others. As a Health Services and Innovation Company optum powers modern healthcare by connecting every part of it. So while the world keeps searching for healthier were here to make healthier happen. Upgrade your phone system and learn how you could save at vonage. Com business we should not and we will not respect those who get rich by cheating everybody else. Today i want to send a clear message to every board room and every executive suite across america if you stand with your customers pollute our environment or rip off taxpayers we will find ways to hold you accountable. Liz that was Hillary Clinton earlier today. He hasnt paid any income taxes. My next guest says thats not illegal at the u. S. Dr. Ron paul. Hes with me now. They came along with the 16th amendment to try to give it the authority. And people argue about that. Its also arguing whether it was legitimately passed but lets assume that is never going to change. The real unconstitutionality of the tax code is the way they collected. It is assumed you are guilty until proven innocent and that turns the constitution on its head. It is a method of collecting revenues in a very unconstitutional fashion. And one president ial in one president ial debate one of the republican candidates was lamenting. About half of the people dont pay income tax. If youre living in a free society they did not intend it. The real problem with the income tax is the assumption that it owns you in control seo and controls a hundred percent of your income but permits you to keep a certain percentage if you obey the rules and make yourself vulnerable to everything the government does. You should have on all the fruits of your labor. They own everything that they earn. That is the attitude. You are guilty until proven innocent. They do try to do the subtle tax excuse. It is really progressive. They pay into the system and taxes. And taxes. Karl marx would love the u. S. Tax code. He designed it that way. It was a progressive income tax. What theyre saying if you dont pay your fair share then youre not participating but how is it fair that the government says its fair that if you take something for one group and give it to another group there on the take and doing some useless things. We do complain about the welfare state. I one time believed welfare was foodstamp. It goes to big corporations. It is a very unsafe bear system. For him not to pay more of the hard earned dollars to the unfair government analytical system that is there just designed to take care of the special interest. All of the money blown on green energy policies. This is the first time in u. S. History that we havent had one year of 3 growth is 2008. They talk about the problems they say we can pay for this big getting rid of race waste fraud. And corrupt. There is always special interest. We went to even be entertaining these ideas. The income tax is a very abusive. We talked a lot about taxes as every campaign we end up here in this is not the thing. You income tax where they borrow the money. That is a tax on the future generation or you have that worst the inflation tax. Just dilute the volume of people saving and that goes on forever. Its Big Government spending and we have to change the minds of the American People that they dont have to accept the liberal policy. The government should spend money. And thats how you go for prosperity. Why work if you just print and spend. That is especially true for the people who issue the reserve currency of the world. If anybody thinks its can continue we certainly dont have to work. We can export our money and our inflation. Thank you so much for your time. We were talking about this earlier. Kim kardashian tied up and robbed in france. Millions of dollars of jewelry was taken. Home invasions in the u. S. Happen all the time. Good advice on how you can protect yourself. It went viral. It went to a primarily black neighborhood to see what would happen. Dont go away. Im saying every life matters. I use whats already inside me to reach my goals. So i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating whats within me with onceweekly trulicity. Trulicity is not insulin. It helps activate my body to do what its supposed to do release its own insulin. Trulicity responds when my blood sugar rises. I take it once a week, and it works 24 7. It comes in an easytouse pen and i may even lose a little weight. Trulicity is a onceweekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes. It should be used along with diet and exercise. Trulicity is not recommended as the first medicine to treat diabetes and should not be used by people with severe stomach or intestinal problems or people with type i diabetes or diabetic ketoacidosis. Trulicity is not insulin and has not been studied with longacting insulin. 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Invasions like this they dont is happy to the happened to the wealthy they happen here in the u. S. All the time. How you can protect yourself. Take you so much. What is your take on what happened here. With regard to the kardashian robbery there is a lot of Unanswered Questions and i think the Law Enforcement agencies or can have their in the area. Why was she traveling with 10 million worth of jewelry. Its not uncommon for most people typically she always has her entourage around her. Youre more than one a security guard. She have won a security guard. There is can be a lot of questions that i can have to be answered by her income may in the last question is who stand to gain from an Insurance Claim against the jury. Not to make any suggestions that they did anything themselves we have to look at it from that standpoint as well. He cut short a concert to go be with his wife. But people are really scared what do they do do they case the house before they do a Home Invasion what can americans do out there to protect themselves. You have to make your home a hard target. They pick and choose their targets just like terrorists do. So real quickly how can you make your home a hard target increase the lighting around your home. Make sure your doors are locked. A lot of people dont even time take the time to lock the doors when youre in the house. And number three you want to make sure that you did not answer the door for anyone that you are not expecting. Theres a lot of devices you could buy these days you can actually put it on your door and if someone rings your doorbell what happens is a has a little camera you can see on your cell phone who is at your door but theres a lot of ways you can protect yourself but the main thing is do not open the door to someone that you are not expecting if you do, you could be a victim of a Home Invasion. Are they scared of dogs does it help to have any indication to have a dog around the house. It cant hurt. Those types of things they can serve as a deterrent. The message here is to be safe. This time he brought and all lives matter sign and once he was there see what happened. This is the backlash that is next. Dont go away. Dont let dust and allergens get between you and lifes beautiful moments. Flonase gives you more complete allergy relief. Most allergy pills only control one inflammatory substance. Flonase controls 6. And six is greater than one. Flonase changes everything. So i thought it thanks might be times, dad. To talk about a financial strategy. You mean pay him back . So lets Start Talking about your long term goals. Knowing your future is about more than just you. Its how edward jones makes sense of investing. If youre on medicare, remember, the open Enrollment Period is here. The time to choose your Medicare Coverage begins october 15th and ends december 7th. 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I filmed both scenes in staten island. I filmed one down south where the White Community is. Then i went up north where the mostly black community is. We just saw one of the guys always get violent with you. I was holding up the black lives matter sign they either laughed at me where he said it should say all lives matter. They dont want segregation they want to make it all lives not just black lives. They came at me. One kid came up and said you should get out of here for your safety. He decided its a bad neighborhood. I was not hurt. I had one my friends who was basically doing security behind the camera. He ran out to stop. He just had a bad fall. What he did the social experience. I really sparked up a lot of conversation and controversy. What has been the reaction to the all lives matter one. They get really upset. Our people reacting negatively or positively. At the battle. My mentions are getting blown up. They hope they got beat up. Is a 53 million views. What is your next adventure . I think i might go to the black lives matter rally with a the trump hat on. For tomorrow nights Vice President ial debate. Details are next. Dont go away. Oh, taking some time off. No, im scheduling time to go to the bank to get a mortgage. Ugh, youre using a vacation day to go to the bank . I know, right . Just go to lendingtree. Com. Get up to five loan offers to compare side by side for free. Wow, thats great. Wait. How did you get in my kitchen . Oh, i followed a raccoon in through your doggie door. [raccoon chattering] [gasps] get a Better Mortgage on your schedule. Not the banks. Lendingtree. When banks compete, you win. Just think of him as a big cat [raccoon chatter] with rabies. Dont forget tomorrow is our nations debate. We take over with reaction and analysis. And to all of our jewish viewers happy rosh hashanah. Making money with Charles Payne is next. Charles they start the week off in the red. I will tie about it. We then had to wait long until the first of october surprise. Will this backfire with the media army. The message theyre using that many question how long well that last. With the corporate profits. Look at wells farg