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Transcripts for FOXNEWS Cavuto Live 20240604 15:40:00

your craw when you heard new york city mayor eric adams say the following. let me roll tape and get your reaction, go ahead. i am deeply contemplating taking a busload of new yorkers to go to texas and do some good old-fashioned door knocking because we have to for the good of america we have to get him out of office. david: honestly, i would love to be there when a group of upper west side new yorkers, which is where i live, have to face a bunch of texans and tell the texans what they re doing wrong in their own state. what do you think the reaction from texans would be if his wish came true? well, that would be very interesting, but, again, the reality is a lot of new yorkers are coming down to texas anyway and so come on down. david: they re coming down excuse me, they re coming down to live there because you guys have no taxes. that s true. david: not in order to tell you what to do. we love texas, what can i

Transcripts for FOXNEWS Cavuto Live 20240604 15:11:00

lead to catching people who evade taxes. i think it s ridiculous, the irs needs to be smaller, not bigger. my next guest says that guy has it right, the irs should be smaller not bigger. a c.p.a., dan, is the middle class going to pay a price for super sizing the irs? well, i think so, david. remember, anytime a politician starts talking about raising taxes on a certain group or only a certain group is going to be impacted, you know that s not the case. why? because the irs is going to be or they re making a $80 billion investment into the irs. the expected return over 10 years is $200 billion. what happens if they don t get it? they have to expand the pool to generate revenue. so, i am not in the camp that

Transcripts for FOXNEWS Cavuto Live 20240604 14:03:00

his predecessor s house, but vice president kamala harris is talking. jacqui heinrich is many kiowa island, south carolina, where president biden is vacationing. reporter: hey there, david, good morning to you. the official white house response is that there will not be a response. heir trying to stay as far away from the issue as possible to assuage fears that the department of justice had my sort of political influence coming from the white house on this case. they have been very careful to stay far away from this story. but yesterday vice president harris was asked the question, and she went a bit farther than the official white house no comment. listen. well, as a former prosecutor, i tell you i don t speak about anybody else s case, but i have full confidence that the department of justice will do what the facts and law require. i will say as a former prosecutor but as a citizen of our nation, any impacts on law enforcement are completely

Transcripts for FOXNEWS Cavuto Live 20240604 15:56:00

invasion, another a blockade by the chinese navy around taiwan. is that likely to happen? are we more likely to see a blockade than an actual invasion? i think the latter is probably more probable. it can be done not as overtly maybe as we think historically, but just by pressuring folks, by creating very unsafe conditions. we have to realize the last time we had a taiwan strait sort of crisis was back in 96 and the chinese military, they were very much less capable and sort of got embarrassed. this time very different. they have significant capability and i think they re willing to use it. david: yeah, and finally we had a berlin airlift with the blockade of west berlin. could we do it again, very quickly, with taiwan if there is a blockade? the u.s. has great capacity,

Transcripts for FOXNEWS Cavuto Live 20240604 14:20:00

says, oh, no, no, no, no, we re not going to do that, and secretary yellen sent a memo to the irs saying you can t do this, you know, when you get this money, fact of the matter is there s going to be a lot of small businesses, a lot of taxpayers of moderate are means who are going to be audited. and i have to say this is only one impact, you know, tax impact of this bill, david. if you look at the taxes on big corporations, this is going to have a downstream impact on many small businesses and small business suppliers. so this is a tax increase on all america. david: and, you know, it was tried back in december before manchin gave with it the go ahead, and it didn t pass. first of all, a sixfold increase in the irs is just enormous when americans are trying to tighten their belts because of the stagflation. but the joint tags sayings committee taxation committee, found that up to to 90 percent

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