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Max Baucus Has Some Bad Advice for Democrats on the Estate Tax

Max Baucus Has Some Bad Advice for Democrats on the Estate Tax
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Transcripts for CNN New Day With John Berman and Brianna Keilar 20240604 10:12:00

trump doesn t keep records. he tears up his calendars at the end of the month. he doesn t use e-mail. so, you don t have the usual records that would allow you to bring a case against trump easily. they can still bring a case against trump, but it will be a lot easier if allen weisselberg decides that his best interests and his moral duty are to tell the truth. david cay johnson, thank you. thank you. next, republican leader kevin mccarthy denies threatening members over joining the january-6th committee. but makes an accusation about liz cheney. plus, breaking overnight. cnn attains a letter warning of extensive concrete damage to the condo building that collapsed. and what might be a big, new clue. and covid cases on the rise in the united states, as we head into the holiday weekend. the new numbers, ahead.

Transcripts for CNN New Day With John Berman and Brianna Keilar 20240604 10:09:00

reporter and author of the book, it s even worse than you think: what the trump administration is doing to america. david cay johnson, good morning. thank you for being up early with us. good morning. i want to get your take on the response and the pushback from the trump organization. because there was a key statement. a key line in their statement that you say is just a flat-out lie in response to this. explain why. well, the assertion is that cases like this are never brought. we don t bring nearly enough tax-fraud cases in this country, at the federal or state level. but we bring cases like this all the time. and this is garden-variety tax fraud. very calculated tax fraud, poppy, including keeping two sets of books. so, trump is essentially just lying that nobody would ever bring a case like this. that s absurd. he is, also, by the way, saying he s special. you know, people like him

Transcripts for MSNBC Katy Tur Reports 20210609 18:52:00

moving down to cornwall where the g7 summit will be happening over the weekend. his first meeting tomorrow with prime minister boris johnson of the uk. that will be an interesting meeting. prime minister johnson was close to president trump. at one point president biden described him as the physical and emotional clone of president trump. we also know jake sullivan, the president s national security adviser, spoke to the press on air force one on that trip over from the atlantic. as you talked about at the top of the show, we are expecting president biden to announce during this trip that the u.s. will be donating some 500 million pfizer doses to about 100 countries around the world. that is an effort once again to reassert american leadership. and in that phrase that president biden keeps repeating, to show that america is back. geoff? raf sanchez, thanks to you.

Transcripts for MSNBC Katy Tur Reports 20210609 18:25:00

families that actually pay income tax. the billionaires all keep their money in wealth accumulation and pay no taxes at all on it. that s just not right. reporter: i think it s important to really emphasize what you heard in that story, that this is legal, right? it is not against the law to work the tax system, but that is why you are seeing some in congress call for some changes moving forward. as for how these documents, this data itself was revealed in the first place, the treasury department is now referring an investigation into the unauthorized disclosure of what they call this confidential material to its inspector general, the fbi and the u.s. attorney for d.c. back to you. hallie jackson, our thanks to you. with us now is tax expert and pulitzer prize-winning reporter david cay johnson. thank you for being with us. you tell us in 55 years you have reported on taxes. this is the most important story by far.

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