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Detailed text transcripts for TV channel - DW - 20181214:14:00:30
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square cash with a k. and what s next? the ceo of america s most valuable company says he knows. our vision is to replace this 200 million times that we scramble for our credit card and go through what is a fairly antiquated payment process. it looks something like this. i sped this up because the stossel show goes faster than happening presentations. using a credit card can be a pain in the neck. so we created an entirely new payment process. and we call it apple pay. it is quicker. that s next. so will apple pay replace cash and put credit card companies out of business?
welcome back to this special edition of the stossel show. we are in vegas for the freedom fest. most here are libertarians. we want to shrink government we don t like taxes. but we need national defense and local police, some pollution control rules, too. there are some things most of us say government should do. how do they get the money? taxes. got to have some, yes? it s a tough crowd here. i see why. our taxes always tend to go up. that was part of rome s problem. two people who tried to spread the word about the damage taxes do. grover north was head of the tax reform. they had politicians pledge to never raids tax raise taxes. steve morris covers for the wall
welcome back to this special edition of the stossel show. we re in las vegas for freedomfest. now, most people here are libertarians. we want to shrink government. we don t like taxes. but, hey, we need national defense. and local police, some pollution control rules, too. there s some things most of us say government must do. how are they going to get the money? taxes. got to have some, right? yes? a tough crowd here. and i see why. our taxes always tend to go up. and that was part of rome s problem, say two people who tried to spread the word about the damage taxes do. grover norquist is head of americans for tax reform. he somehow persuaded many politicians to pledge to never raise taxes. economist steve moore, for the
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