their taxable for a reason. it s very very important. the other point is that well over 1 million dollars, you re right new york city is very expensive and i certainly know about the private school tuition so it is definitely something that hurts. i will say that it s about the tax amount, right? not the total amount so if it was 1 million dollars in benefits you have to figure how much income tax he owes so just using roughly 10% from new york you have about $100,000 in tax laws over a number of years and unfortunately new york law doesn t let you aggregate years, so it s not as serious as you might have first sounded when he said it. but is still a felony. it still carries potential prison time but it is not the lock him up and throw away the key kind of thing, but i think this is not the only thing the da is looking at with respect to weisselberg. we have lots and lots of other things. why would we be getting a sense of timing at all on this, where do you think this leaking is com
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terms of the economy is 9 billion dollars of of tar arri tariffs, that s a fraction of the economy. look at tariff on aluminum, six pack of beer, a cent and a half. in billions of dollars. on a 19 trillion dollar economy. you agree it is billions of dollars increase. i agree the downstream effects of steel and aluminum tariffs are insignificant and the mission here is to preserve our steel and aluminum industries for national security and economic security. dana: how do you respond to the idea that these tariffs would only have a minor or trivial impact on the rest of the economy? they seem to ignore the 9 billion dollar number is only the direct tariff tax amount. and they they ignore the fact that what what the favors would do is turn the united states in to an island of
problems. gary b., how many of this is waste by the government? they spent $5 million on this get groove video to help us get healthy. you look across the board, there is fraud in medicare, there is fraud in social security. we talked a number of times in the fraud in food stamps, you add that up across the board, there is trillions of dollars in waste there that we can lop. but i think you hit on an important point. we paid it on the panel a few minutes ago. unless the congress is willing to step up and step on that third rail of social security, medicare and medicaid spending. forget it. they can cut discretionary spending as much as they want. it s not going to make a dent. unless we tackle those items there. you can t do it through tax increases because as tracy points out, the tax amount of emergency gdp safe level regardless of the tax rates at about 18% of gdp, you request raise it as much as you can. people are going to stop