Capital Gains Tax is right now. What this means and why it unnerved wall and broad, the notion that people that locked in on profits and big gains might want to catch out before this comes to pass, if it comes to pass. Thats the big question. Dow jones off a little north of 33,800. Still advanced. Theres growing concerns as to how this would be implemented if it comes at all, who is targeting, the million over crowd. The Bottom Line here, look at this, combined Tax Rates across the country, if this were to go in full effect, in california, they would be 56. 7 . In New York, they would be north of 52 . Were going to get in to the implications of this because its not just the rich and the reverberations for maybe your funds, Pension Funds and 401 K S could be on the line as well. Remember what starts with an idea often gains traction as this has to pay for a lot of other ideas. Welcome. Im neil cavuto. This is your world. Were all over the implications of something that on paper is jarring. In other words, to face taxes more than double what they are now. Well also get into the notion of what is a fair share for some. Seems like a moving target when it comes to the wealthy who again and again were told must pay their fair share. Blake burman at the White House on how they redefine that today. Hey, blake. Hi, neil. Just to go through the cadence for a second. The american Rescue Plan was the nearly 2 Trillion response to covid. The american Jobs Plan is the president s more than 2 Trillion proposal for infrastructure to be paid for as he wants to raise the corporate tax rate. Now the administration is about to put forth their american families plan to deal with things like Education And Child care in this country. The white House Press Secretary said that this plan is still being finalized and wouldnt comment on the idea that Capitol Gains for the wealthiest could reach 40 to pay for it. The Press Secretary, jen psaki, asked about the Markets Reaction to the possibility. Watch. His view is that that should be on the backs. That can be on a the backs of the wealthiest americans that can afford it and corporations and businesses that can afford it. His view and the view of our economic team is that that wont have a negative impact. Now, the White House has been back and forth with this message about who would not pay a penny more in federal Income Taxes under the president s possible proposal, whether its individuals making up the 400,000 a year or whether its families with a combined income at that level. Here was the White House when asked about it today. Theres been some Confusion Or Lack of priority around whether that is individuals or couples or families. So what is the actual definition . Individuals. Okay. Okay. I understand the question. There will be more specifics about any of these Tax Proposals when we lay out the plan. So neil, well get more details the Press Secretary says in the coming days. By the way, the President Today also unveiled part of his climate agenda saying its the goal of the u. S. To reduce Greenhouse Gas emissions by 50 from 20005 levels by The End of this decade. Neil . Neil busy day, Blake Burman at the White House. Thanks. The administration to blakes point says this can raise a lot of dough if it were to go into effect. There is that. What people are missing though, if its just the million and over crowd, i dont have to worry about it. But, if the million and over crowd decides to lock in whatever gains theyve had in the Stock Market right now and sell, if this looks like its going to happen, in other words, a Capital Gains higher rate, so sole now while its at the lower rated, could that affect you and your investments if you too are through your funds or various equity plans not in that crowd. You could feel the buffeting from what that crowd does if they sell to the degree they could in the face of much, much higher taxes to come. To daniel demartino. Former dallas fed advisory. My buddy charles payne, host of Making Money on fox business network. You should get if it you dont have it. So charles, let me ask you we have gary calpon. Lets get your take on this, charles. Its been toyed the idea of bringing the rate back up to 39. 6 . The notion that this would be combined with personal rate you get the idea. The markets for the first time digest it and say this is looking more real. What do you think . Yeah, youre right, neil. The Forehandle Nobody was thinking theres a reason to have 39. 5 . Felt like you didnt want to go into the 40 range. So the 43. 4 was a jarring number. You talked earlier how that adds in obamacare to pay for that. My Social Media blew up over this. Bothers me theres two narratives here. One, i dont make A Million dollars a year. I dont care. Two, these people are rich. You know, this is this kind of thinking is going to kill this country. We saw the reaction to the Stock Market. We do not want a Stock Market we dont want a prolonged Bear Market because the poorest people in this country would suffer the most. Who invests in the market . 35 americans invest in individual stocks. 55 have their money in retirement. Thats 65 of the middle class, 26 of the lower income folks. Were in this together. We want to fund ideas, businesses and have money in our economy to fund schools. So theres limits to this. You combine this with that 28 corporate Tax Idea out there, we would be the most taxed nation in the entire world. Even with Capital Gains tax right now. Denmark is number 1 at 42. Then is finland at 34. Ireland at 33. We would be the most uncompetitive country in the world. Say goodbye to prosperity. You may feel better that the rich are getting theirs. Im going to put you down as a maybe on this. Danielle, im looking at this. Im saying it behooves investors no matter how rich or poor they are that they see higher prices coming or the cost of something coming. They want to take advantage of it when its at a low rate. If were at 20 now and its effectively going to double, this continues gaining steam, way too early to say, they would sell, right . They would start selling. That would start impacting the rest of the market, would it not . It would. Thats why youre institutional larger wealthier investors always have been called the smart money, so to speak. They like that they have the first mover advantage. Stocks are priced to perfection. They have been for some time. Gary has been writing about this for some time as well. People have been looking for an excuse. You dont want for an excuse to turn into a cascade effect. Theres so many retirees and Public Service workers that rely on pensions, whose returns are going to be tied directly to what these first movers are doing. We have to appreciate that a lot of americans that do have exposure through their 401 K S, through their iras, they have automated type of investing mechanisms that dont allow for them to be as nimble as wealthier investors who will say, you know what . Im not going to take a chance in case this is going up. Im just going to take my chips off the table, take the great profits and run. Theres a trickle down effect. Theres something said for the fact that the ceos and the cfos of the world, the executives, they key off of these things especially when compounded with a rising corporate Income Tax rates to say you know what . Maybe its time to cut costs. Maybe we should reduce Head Count in this environment. Look at my Stock Price fall. That dictates how i make my decisions. We can like it or not. Thats the way the real world works. Neil gary, im having a devil of a time understanding what is a fair share. I was told that states like New Jersey had a surcharge on wealthy residents there, 3 . That was their fair share on top of the state income rate. Now its around the 10 level. That is a fair share. Then i start hearing this talk about bringing the top federal rate up to around 39. 6 . Now that is the fair share. Then a surcharge on that brings it up to 43, 44 in states where you combine all of this and youre over 50 . That fair Share Target keeps moving and moving up. I wonder what the implications are. Keep going. How about the 12 social Security Tax also to be shared by employee and employer. If youre selfemployed, you get the whole thing. Everything is going higher. This is not just an assault on wealth and the economy, but everybody that owns mutual funds. If the Market Swoons because of this, the other part of this equation, this economy has been working off of a lot of the Wealth Effect from markets. We lose that, it affects the economy also. I am just worried not just about the wealth, but i really do believe its on an assault on upward mobility. Imagine every american right now that wants to become wealthy, every time they move up their lot in life, theyre getting hit with something, a higher tax and they keep floating new ones every single day. We heard one about a Mileage Tax recently until they figured out that was stupid. We heard against wealth taxes. Were going higher and higher and it will affect markets and the economies and i can tell you, i think theyre going to go on the fast track. I think they know come 22, the other side usually wins, that theyll be out of power, this will happen and sooner rather than later. Neil ram it while you can. Theres something to that. Thank you all very much. Now, the implications of this, bill cassidy, the louisiana center. What do you think of this . You heard of the spend and tax democrats . Republicans lower taxes and we had incredible economic growth. Before covid hit, we had record rates of employment among every group including disabled, women, veterans, african americans, hispanics. You name it. And we had Record Wage Group in the lower income. Thats what happens when you let people keep their own money, invest it as they see feet. Now they want to take this money, filter it through the golf agencies. Government employees do well. Give it to the favored few hope we go do well. Its a difference in philosophy. Unfortunately the average Working Person is the person that suffers. Neil theres that old lines that elections have consequences. Joe biden was elected. He telegraphed this. We didnt see the 44 thing coming. Now its playing out. Do you think they have a chance to get this through . Even if they vote along Party Lines . If they voted along Party Lines, they could. Id like to think they wont. The economic consequences of creating such uncertainty in investment is going to just send signals that jobs are going to be killed. If you look at to totality of what theyre doing today. Lets move our Oil And Gas industry to other countries. So all of those Oil And Gas jobs are dead in louisiana, texas, oklahoma, you name it. Were going to tax people who invest in our country. Encouraging them not to invest. Sooner our later, all of this is going to chill Job Growth and theres only so much that large Government Programs can do sooner or later, has to be the private sector. Its like theyre intent on killing the private sector. Neil you know, democrats say republicans are fine ones to talk about excessive spending and not paying for things. At least we have proposals out there and we have ideas how to pay for things. Were going after the rich. Were not really very sympathetic to the rich. They can afford it. They should do it. What do you say . A couple of things. Recalling Jamie Dimon when trump took office. There was an immediate upsurge in investments. Dimon said investments are back. What happened under obama, there was such uncertainty that people that had wealth chose not to invest. So trump created certainty, Republican Congress created Certainty And Investment took off and so did jobs. Charles payne was talking about all the uncertainty. That trickles down to less investment. You may think its taking to it the rich. The rich will do okay. Its the person who is livelihood depends on a new Construction Job because somebody invests, it is she or he who will bear the price of this. Next will feel great. We stuck it to the rich. No. Its the working family that gets stuck. Weve seen that over and over. Its their big lie. Neil you know, just to be fair during the obama years, we came off of the financial meltdown and the markets did well. Having said that, you raised a good point about the creativity of raising taxes, not so much in addressing spending. So were great with coming up ways to get more money from folks. No one seems to be raining in the spending part. Yes, the markets did okay. It wasnt until the Fracking Boom came along that you had Job Growth and those folks considered working. The markets will take care of themselves. Rich people will do okay. Its the working family im concerned about. Neil i get a feeling, senator, this administration might not care about the markets at all. Never addresses them, never quotes them. Their view who cares. What do you think . Might be a who cares except as charles pointed out, the person that depends on that Pension Fund worried about their 401 k . Theyre caught in the Drown Draft as people exit the Stock Market. Theyll care put it this way. They should care when they think about the impact of middle income families getting caught in the down drafts. Neil lets go to the one closer on the cost of this and what you think about the impact and where were going here. Go ahead and crunch the numbers. The 370 Million want to thank the senator for joining us. The 370 Billion that they hope to make in the next ten years is dwarfed by the trillions in planned spending. Even raising these taxes, the 43. 4 in top individual rate of 39. 6 percent on the wealthy, the sur taxes to pay for it, Obama Care that would remain in effect, even allowing for that, you raised by a third of the money youre going to need to pay for everything else. More after this. Why do horses listen to us . Theyre much bigger than we are. Eh, were smarter though. We put a man on the moon. I dont see any horses on the moon. It would be cool to ride a horse on the moon, though. Important news for veteran homeowners. Introducing refiplus from Newday Usa. Refiplus lets you refinance at near record lows plus get cash. With home values climbing, now is the smartest time ever to turn your homes increased value into an average of 50,000 cash. Refiplus. Its new, its only for veterans, and its only from Newday Usa. This isnt just freight. These arent just shipments. 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Thats why i go with Liberty Mutual they customize my Car Insurance so i only pay for what i need. cause i do things a little differently. Hey, ill take one, please wait, this isnt a Hotdog Stand . No, cant you see the sign . Wet. Teddy. Bears. Get ya wet Teddy Bears onehundred percent wet, guaranteed or the next one is on me only pay for what you need. Liberty. Liberty. Liberty. Liberty. This initiative from my perspective must be effective and relevant to the underlying issues, which is addressing the acute and root causes of migration away from that region. The reason the people flee. All right. The Vice President , kamala harris, indicating what her mission will be in getting to the bottom of the Migration Problem that has become a crisis. The administration has been very resolute in not using that term. She will meet among others with Guatemalas President to get some clarity on all of that. Austin scarrow is here with us, the Border Patrol Sector chief. Austin, you had an opportunity to meet and talk to the president for such clarity. She seeks a meeting with the guatemala president. What would you tell him . Thanks for giving me an opportunity to talk to you about what is going on here at the border in Del Rio. First of all, the Border Patrol is an apolitical organization. We provide safety to the nation. Thats our goal. Neil so she wants to try to determine why throngs keep coming. Climate change has been raised. A drought that has gripped a good many of these countries. Do you think those are factors in this . I think absolutely those were probably knack factors in this as well. The Border Patrol apprehended over 172,000 people. So we do have a significant influx in to the country here in the Del Rio sector. Our apprehensions are up 340 this fiscal year. The number of single adults were seeing are up 130 . Family units are up over 170 and unaccompanied children are up over 240 . We caught folks from 67 different countries this year. Neil thats incredible, chief. You hear reports and those sympathetic with the Administrations Point of view here that that is beginning to slow down. I dont know if stabilized is the right word. Its not as bad as it was. Youd know better than anyone. What can you tell us . I have not experienced that here in the Del Rio sector. Our numbers are increasing. In the past 30 days alone, we have intercepted over 340 alien cases. Undocumented migrants, are moving through the country. Concealed in Motor Vehicles and semi trailers, concealed in the floorboard of the trailers. We had some imagery of that out there. We have seen an increase in High Speed pursuits through our neighboring counties, our local county here. Those pursuits are up 117 this year. The number of Sex Offenders that we have arrested within these group of individuals is up significantly, over 2,000 . So we have seen an increase. As you saw earlier, we had young migrant children on the border. Some of these situations are very dire for these Folks Os how are they doing, chief, by the way . Theyre doing well. So both boys are now out of our custody. About two days ago. One of the boys was moved over into hhs custody, which is better place than the Border Processing Area and the other boy is now custody of an ngo. In the process of being reunited with family. Neil chief, i dont know how you do it and stay calm doing it. Its a daily job a nonstop job. The Border Patrol Sector chief. Thanks for everything. Thank you. Neil all right. The meantime, this Minneapolis Police Department Investigation now led by the Justice Department. What thinks it stops with minneapolis . After this. Neil so the Justice Department has launched probes into minneapolis and the Police Department. What makes you think it ends with Just Minneapolis . What could be happening that youre not hearing after this. Living with bipolar depression. 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Neil tensions remain in indianapolis with the Duante Wright Funeral with Jeff Paul there with the latest on how it all went down. Jeff . Hundreds and hundreds of people gathering here in minneapolis to mourn the loss of Duante Wright. Services wrapped up a short time against which were led by emotional references from Duante Wrights family. I dont really speak much, but Words Cant even explain how i feel right now. You know, that was my son. Im this all happening a few days after Derek Chauvin was convicted of second and third Degree Murder of george floyd. Wright was honored as the crowd packed in the Shiloh Temple ministries. Ben crump called on those to stand and repeat the words Duante Wrights life matters. Crump saying Wrights Child will be old enough to watch the video of what happened and that he was killed unnecessarily. Wright, 20 years old, shot and killed in Brooklyn Center, minnesota by Police Officer kim potter. Investigators say during the traffic stop, Potter Mistakingly used her gun instead of her taser. Shes since resigned and charged with second degree man slaughter. Wrights mother said none of this should have happened in the first Place And Nothing will bring her son back. I never imagined id be standing here. The roles reversed. My son should be burying me. Now, theres another planned demonstration at the Brooklyn Center Police Department. The last few days have been overwhelmingly peaceful. Neil . Neil Jeff Paul, thanks very much. Minneapolis is the target of the justice Department Investigation on the overall police practices. We have a former Nypd Lieutenant here. Joe, its interesting that minneapolis is the focus. Many have been looking at this to say it wont end up being Just Minneapolis. You think this is broader in scope than justice is letting on . Absolutely. This is going to go nationwide. Its not just one thing theyre looking for. Theyre looking for every piece of evidence that they can get against any cop across the nation. Theyre going to use it to try to reform Police Departments. But to what extent do you reform a Police Department . The Police Departments already are under enough Scrutiny And Stress and everything. If you want to find ways of weeding out the bad apples and doing police training, that is one thing. To bring the Attorney General in to start scrutinizing a Police Department the way that they plan to do it is going to really have a Ripple Effect that will go across the nation. Police departments are going to shut down to a degree. Theyre not going to take the chances that they would normally take. Why would you . Think about it. You have your career on the line. You have your family on the line. Everything is on the line for a Split Second Decision that you have to make that nobody understands what its like to make it. These incidences that were speaking about, the funeral for Duante Wright is tragic. I dont think any Police Officer gets up that morning and says its a great day to kill somebody. It never happens that way. Neil so when you hear as many have been saying, lieutenant, the systemic racism to address in Law Enforcement what is your reaction . Absolutely false. Theres no systemic racism anywhere in the ill speak for New York city. We have the most diverse Police Department in the world, id say. Theres no systemic racism. You have a few bad people in every department. No department is squeaky clean. You need to weed out those individuals. When that happens, you have a cleaner Police Department. But to say that its rampant and systemic is absolutely not true. The Police Departments are doing the best that they can under the most adverse conditions that i have ever seen. Neil so i dont know where this investigation goes, lieutenant. Its probably bigger than minneapolis. If a young Man Or Woman were approaching you today and showing their interest in becoming a cop, what would you tell them . Thats tough. Every cop that i know and every cop that i went through the academy with and i serve with, we love being Police Officers. That love is diminished. Its more or less a calling. Its so tough to say to somebody take that job. Its a great job. I cant say its a great job anymore. The people are great. The cops are great. The people that stand behind the cops are so great. The leadership of the Police Department is horrendous. Im speaking about police commissioners. Ive seen a lot of Police Department heads Step Up and take their members back. Here in New York, its been such a demoralizing maybe six, seven, eight years. Its a disgrace the see the steps backwards that policing has taken. You cannot exist in a Police Department without the community behind you. Everything that ive seen on both sides of the aisle have created the great divide between the Police Department and the community. Unless they get that bond back, theyre never going to have a successful Police Department or successful Policing Policy with the community. It will never happen. Neil i hope youre wrong, lieutenant. Im pressing you on this stuff. Well see what happens. Very good having you. Thank you for all youve done for all of these years keeping people safe. People forget that. Joe, thanks for being here. Stay with us. Its a new day for veteran homeowners. With home values high and Mortgage Rates at near record lows. Great news for veterans who need money for their family. Thats me. Refiplus from Newday Usa lets you refinance at near record lows plus get an average of 50,000. Thats me. Thats money for Security Today or retirement tomorrow. Thats me. Refiplus. Some days, you just dont have it. Not my uncle, though. 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After age 65, without a serious support system. Kathy martin has one in medicare from blue cross blue shield. She wont go a day without the right card. Because she cant go a day without running. The Medicare Coverage trusted by more doctors. This is the benefit of blue. Learn more at benefitofblue. Com. Neil a Republican Congressman has a message for Big Tech. A lot of them are against conservatives so they opted to go a step further and say theyre not going to take any Big Tech money. Theres seven republican makers of that mindset. One of them is Chip Roy of texas. He sits on house Judiciary Committee. Congressman, is that a big bite from you not taking money from these guys . How does that hit you . Good afternoon, neil. Were trying to send a message that theres no room for corporate america to think that they can run the country. Even major League Baseball stupidly moving the allstar game from atlanta to denver where you have a 50 black in atlanta to a city that is 10 black. Now you have these people that are deplatforming. And ryan anderson. He writes a become When Harry Became Sally and amazon punts him off the list. We see it every day. Frankly, i just want to call them to the mat. Have a serious debate about how much power they have. Theyre making Money Hand over fist. Amazon made an extra 100 Billion last year and small businesses across this country got crippled by Shut Downs led by democrats. Frankly, i want to actually have hearings with my friend Ken Buck and look inside the companies. See how much power they. Have i dont like to use the government to interfere with the market. You know that. But i want serious conversations where theyre coming from. The first step is i dont need their money. Neil i commend you for that. A lot of your colleagues, democrats as well, theyre too big for their britches. They dont agree with you, the democrats, on the Bias Stuff but they should be broken up. Are you in that camp . I dont know yet, neil. Im leasted to want to use the government to create jobs, create wealth as these companies have done. What i do want to do is look at how theyre using that power. Theres a lot of questions marks about whether amazon is preemptively buying up some of their competitors like diapers. Com. Where at a big moment in the Information Age and lets see how many power theyre wielding. Right now the message that Ken Buck and my other colleagues wanted to send, you guys dont need to come in here and think that youre going to make nice with us writing checks during campaign season. Were going to stay clean on that and do our job in the Judiciary Committee to look at the antitrust issues and call them to the mat. Neil congressman, keep us posted how this is going. Theres seven now. The list could be growing. Chip roy, the Texas Republican who has just said like he and his colleagues, enough already. We dont have to kowtow to you. Well see what happens to that. Well look at that tomorrow. Meantime, looking at the power of a check from the government. We have already seen some pretty clear and dramatic proof that some of these Stimulus Checks that made it to americans hands as well as some other benefits had had a demonstrable impact on retail sales and housing activities, car purchases. So what is so crazy about a move in chicago to hand out checks to the poorest and see if the same thing can happen there . Jeff flock on that after this. Not everybody wants the same thing. Thats why i go with Liberty Mutual they customize my Car Insurance so i only pay for what i need. cause i do things a little differently. Hey, ill take one, please wait, this isnt a Hotdog Stand . No, cant you see the sign . Wet. Teddy. Bears. Get ya wet Teddy Bears onehundred percent wet, guaranteed or the next one is on me only pay for what you need. Liberty. Liberty. Liberty. Liberty. Neil on paper it doesnt seem to make sense. Give them a Government Check and let it burn. Weve seen the federal Stimulus Checks from the government. It can have a response that can lead to a economic boom. Thats what theyre thinking in chicago where Jeff Flock is saying their experimenting with the same thing. Whats going on here, jeff . Can you hear me, jeff . All right. We might have some audio difficulties. They want to hand out checks to a few thousand individuals, the poorest of the poor to see what happens. The impact of the past has been that this is money that just burned away. We have already got some signs as crazy as it sounds that it could be very productive. That it could lead as the case with the 1,400 Stimulus Checks, a little different but did lead to a 9. 8 surge in retail sales the next Month And Weve seen it play out this way across the board. 5,000 people is at what is at issue in chicago, which would be about 500 a month. So getting 6,000 a year. So i think Jeff Flock is back with us and can explain how this works. Jeff, can you hear me . I do. Im sorry, neil. Yeah, a beautiful day. I have no excuse. This is the latest one. New york is thinking about it, l. A. Proposed a similar program earlier in the week. All of these cities that have Pilot Programs for what is called guaranteed income. Cities from diverse as San Francisco to pittsburgh to richmond, virginia, providence, road road. 5,000 people, 500 a month for a year. The only stipulation, no strings attached. The only stipulation is if you have to be poor and have a child in school somewhere or be a College Student yourself. The illinois policy council, which is concerned about chicagos dealt and Finances Session that, well, you know, you can do it in a lot of places but chicago is not the place to do it. Listen. Chicago is broke. So we dont have the money to do this in the first place, this isnt the best use of federal funds that are supposed to be Emergency Funds for us to offset the economic effects of the pandemic, which have devastated the small Business Community and to pay off debt. Thats what chicago is planning to use, neil. Like 1. 9 billion in Coronavirus Recovery funds. Important to note, the positives and the negatives. We know maybe the negatives. This would be a disincentive to work if youre getting money. Youd be dependent on welfare if youre getting money free from the government. The poor tend to make poor spending choices some allege. What the poor need is a hand up, not a hand out. A study in stockton, california which has one of these programs underway and has found that people are more likely to have a job if they got one of they stipends. They found the people reported that they were healthier, happier and less stressed. Proponents say in some ways, this is a handout but its also a handup. Its 6,000 a year. You cant afford to quit your job for that but supplements in a way to give you a chance to take the Step Up and out of poverty, neil. Neil it is worth watching. Thanks, Jeff Flock. You heard reports about how Streaming Isnt what it was. Netflix the latest to say people are not likely to stream as much as they get out of their homes. We thought we would explore that with mike gundleman. We call hum guns. After this. If you have postmenopausal osteoporosis and a high risk for fracture, now might not be the best time to ask yourself, are my bones strong . life is full of Make Or Break moments. Thats why its so important to help reduce your risk of fracture with prolia®. Only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. Do not take prolia® if you have low blood calcium, are pregnant, are allergic to it, or take xgeva®. 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Promises of all shapes and sizes. Each with a time and a place theyve been promised to be. A promise is everything to Old Dominion, because it means everything to you. Vo Nobody dreams in conventional thinking. It didnt get us to the moon. It doesnt ring the bell on wall street. Or disrupt the status quo. Tmobile for business uses unconventional thinking to help you realize new possibilities. Like our new work from anywhere solutions, so your teams can collaborate almost anywhere. Plus Customer Experience that finds solutions in the moment. And firstclass benefits, like 5g with every plan. Network, Support And Value without any tradeoffs. Thats tmobile for business. This is rebecca from michigan. Coming at you live from the operating room. Im an er nurse. And i absolutely love what i do. I knew that i wanted to do something meaningful with my life. I was over half A Million dollars in debt from Medical School until i found sofi. Now im able to live out my dream and know i wont spend the rest of my life paying off those student loans, thanks to sofi. Neil all right, reality, are we going to be screaming less because we are working less from home . Netflix indicates that with weaker than expected subscriber growth. Mike dendy has been following this the Fox News Deadline a major streamer in his own right. What do you think of this . All right, neil, we are a part of the Streaming World and the odds are forever in our favorite. I have subscriptions to netflix, hulu plus, Disney Plus Comediennes domestic espn plus, spotify, apple music, fox nation, by the way and i still own cable by the way as well. Eventually people will start looking at their bills and what am i paying for . So these Streaming Services have to be a part of what i call content competition. What separates my service from Everybody Else . We found out netflix announced they will be spending 17 Billion this year on unique content. Disney plus made an agreement with sony with spiderman so they own marble and for spiderman for years to come. Essentially like musical chairs, chairs, and each is a different Streaming Service and we are the consumers walking around distracted by things reopening in each chair, each service wants to make sure they are one of the ones remaining at The End by us, the consumer. That is where we are at right now. Neil have you ever thought about just reading a book . [laughter] what books warrants reading . Who reads anymore . [laughter] neil you raise a very good point that there are a lot of these services and the whole idea was to cut the cord and that will be cheaper than basic cable. And a lot more than what table was, but they are all going this route still. I mean, who is the survivor, do you think . Bc oversaturation and by that things will start getting diluted products so hundreds of millions of dollars of deals so netflix will be like that one enticed you to come here but there will be problems with this, neil, one we have to pay for the content, two Guess Who will foot the bill . The consumer so they eventually the prices will go up but how much is too much . Are you willing to spend 20 per netflix . Okay but will i spend 30 or go to another Streaming Service . People are willing to go back to movie theaters, crushing it in the Box Office the best we have seen in a year plus but outside competition as well. I personally think netflix will still be up there because they are massively 200 Million subscribers and also Disney Plus because every parent who has a kid knows Disney Plus has to be a part of that. I think the rest will start competing with Each Other for the Leftovers Committee will. Neil by the way you are a grown man and can get outside if you want. All right, you are the best, my friend. Thank you for your very good advice. A great sense of humor, great guy and he knows the stuff inside and out. By the way, we are not just on streaming. The fact is we are still ordering online. And to potently prove that online orders, we are still leading online, just not willing to wait online. Jesse hello, everybody im with martha maccallum, it greg gutfeld, juan williams, and in New York city, this is the five. Another rush to judgment over a deadly police shooting. This is a tragedy. There is no denying that. The democrats and the Media Racing to politicize officer killing 16yearold Michaela Bryant who had a knife in her Hand Makhia Bryant with a knife in her Hand Lunching at another girl