29, and june 3rd on cspans and cspan. Org. Announcer this week on q a, author and journalist t. R. Reid. He discusses his book a fine mess a global quest for a simpler, fairer, and more efficient tax system. Brian t. R. Reid, better known as tom, in your new book, a fine mess, you start out in Chapter Three under taxes what are they good for . With on one saturday afternoon, a great teacher of ethics told his students , do you remember the rest of it . Tom of course. Said,t teacher of ethics lets get out of the classroom and go over to the synagogue for todays lesson because he has a lesson on paying for community goods, for taxes. What happened if the teacher and his students went to the synagogue and halfway through the service, they passed the collection plate and a guy in the front row with beautiful robes, the rich guy puts 1000 ducets in the plate. Maybe two rows back, an even fancier guy puts 2000 ducets in the plate. Finally, a gets back to the public row, where the poor people
29, and june 3rd on cspans and cspan. Org. Announcer this week on q a, author and journalist t. R. Reid. He discusses his book a fine mess a global quest for a simpler, fairer, and more efficient tax system. Brian t. R. Reid, better known as tom, in your new book, a fine mess, you start out in Chapter Three under taxes what are they good for . With on one saturday afternoon, a great teacher of ethics told his students , do you remember the rest of it . Tom of course. Said,t teacher of ethics lets get out of the classroom and go over to the synagogue for todays lesson because he has a lesson on paying for community goods, for taxes. What happened if the teacher and his students went to the synagogue and halfway through the service, they passed the collection plate and a guy in the front row with beautiful robes, the rich guy puts 1000 ducets in the plate. Maybe two rows back, an even fancier guy puts 2000 ducets in the plate. Finally, a gets back to the public row, where the poor people
29, and june 3rd on cspans and cspan. Org. Announcer this week on q a, author and journalist t. R. Reid. He discusses his book a fine mess a global quest for a simpler, fairer, and more efficient tax system. Brian t. R. Reid, better known as tom, in your new book, a fine mess, you start out in Chapter Three under taxes what are they good for . With on one saturday afternoon, a great teacher of ethics told his students , do you remember the rest of it . Tom of course. Said,t teacher of ethics lets get out of the classroom and go over to the synagogue for todays lesson because he has a lesson on paying for community goods, for taxes. What happened if the teacher and his students went to the synagogue and halfway through the service, they passed the collection plate and a guy in the front row with beautiful robes, the rich guy puts 1000 ducets in the plate. Maybe two rows back, an even fancier guy puts 2000 ducets in the plate. Finally, a gets back to the public row, where the poor people
Smartphone maker. Samsung losing ground to apple. And some some electronics posting the biggest drop in quarterly profit in almost five years. Is as samsung struggled to maintain its leadership in the smartphone business. Its other divisions are now putting these in the spotlight. The Company Announced yesterday it plans to build a 15 billion chip plant in south korea. For more on samsungs involving our guest joins me now. In mu of the smartphone sales, the chip business is doing well. It is. One of the things happening with chip sales and specifically memory is that you have a consolidated market. You have fewer suppliers. There is not much supply coming on line, and as a result prices are controlled. And demand is ok. Lots of memory going into smartphones and tablets, and even the pc business. The good old pc business. Exactly. They are not dead yet. Fewer players control pricing, and so they are doing fine. As one business struggles with samsung, they are trying to pivot to the chip
The police were led here by someone you wouldnt expect john clark from the American Drug company pfizer. This stuff is gonna get into peoples medicine cabinets . Unfortunately, yes. Counterfeit drugs are ending up in millions of american homes. At this postal facility, the shear volume of packages of suspicious drugs is staggering, and this is just from one day. [ticking] [crowd chanting] when most people think of brazil, they think of its passion and excellence in soccer. [crowd cheers] not of skyscrapers in sao paulo, the Financial Hub of a fledgling economic superpower. They think of the pulsating beat of the samba and carnival, not commodities or the Worlds Largest cattle industry. [cow moos] most powerful country in south america . Gdpwise, we are bigger than all the other countries together. This is it. Hello. Time for americans to wake up. Welcome to 60 minutes on cnbc. Im morley safer. In this edition, we take a look at the impact of Global Expansion on american Corporate Tax l