Test test test test test test test test test test test test test test test test test test test test test test test test. We can lower the Corporate Tax rate and get it to within shouting distance of our trading partners. Were a better place to do better because of transportation, because of safety, because of security, because of environment and all those things. But there is a point at which you run out of those benefits when you are talking about so much of your income being paid in taxation. I appreciate that point. Its an etch lexcellent one. I kind of lost my place. Consumption tax versus income tax. I come from the state where the author of the book called the fair tax comes from and hes on radio. If i dont ask some question about consumption tax when we have a hearing like this, i get chastised at home. How many of you are familiar with this . Whats your thought or do you have any thought about it at all . Mr. Mazur, start with you. I guess my basic thought about our tax system
Cspan3. Dr. Kirk newman on his book hearing children. The a surgeons story on the front lines of pediatric medicine. The conversations i hear are cutting things like medicaid and cutting the nih and doing all these things when were on the cusp of such terrific discoveries and when you think about half of the people that are on medicaid, half, of the beneficiaries are children, so whose going to get hurt. Why do we want to do that . Were not doing that to the elderly on medicare, why would we want to do that . We should double down and put more into our children. Watch the entire Program Saturday at 7 00 p. M. Eastern. Also on book tv on cspan2, david good hart on his book the road to some wrrks the pop lift revoelt and you see this in the contempt that people in my email chain after brexit. You had left wing professors why did we give these people the vote without some kind of iq test. For more go to book tv. Org. The Senate Finance Committee Held a hearing last week to consider Presid
Consider the nomination of mr. David cotter to serve as assistant secretary of treasury for tax policy. Mr. Cotter, welcome to the finance committee. We appreciate your willingness to appear before us today. We also appreciate your willingness to serve in this capacity. And im sure that the significance of this position at this crucial time is not lost on you. Its not lost on any member of this committee. Tax reform has been a major focus of our committee for some time now and we are grateful to have you here to discuss your thoughts on these matters. On a number of occasions, i stated my view that president ial leadership will be a key component to any successful tax reform effort. Just the last week i quoted president obama in a speech on the senate familiar back in 2012. He said things like, quote, our current Corporate Tax system is outdated, unfair and inefficient, unquote. The problem was that president obama never really got around to truly leading out on tax reform. I expect mo
Campaign manager says about him. Donald trump has built a lot of businesses on the backs of the little guy. Maria samsung feels the heat this morning over replacement galaxy 7. Take a look. We are looking at fractional losses this morning. It all started in europe, dragged down because of new low this is morning for shares of Deutsche Bank. We will tell you about the Deutsche Bank story. Index in germany all down more than 1 . In asia overnight stocks stumbling to end the week, both nikkei ending well over 1 . Hang seng down almost 2 and if you feel the need for speed for the family ferrari wants to put you behind the wheel of new super fast family car. The surprising reason why you cant buy the 2 milliondollar convertible, actually. Joining me to break it all down Dagen Mcdowell, morgan ort, ortegus. Dagen i can answer that question. I will never own a ferrari. Certainly not one like that. Big show ahead. Fox military analyst jack keane is with us and bob carry and trump Senior Advise
Suppliers and manufacturers have recognized the challenge we face for this century, literally this weapons platform will be critical to our national defense. We we can look back and draw lessons and we should from the challenges that cause that improvement to take place. Maybe even the overall conceptual framework as you suggested should there have been more individualization of the platform for different services. But i can well recall that the conventional wisdom not so long ago was the services should get together and collaborate and the by a single fighter and that was the wisdom does your of contracting in its day. Now maybe lessons point in different directions. I hope we will learn lessons from this experience but there has to be a recognition that this weapon platform will do things that no fighter engine or platform has done in the past, would you agree doctor fillmore . The investment ranking is large and the need that we have is large to deal with the threats that currently