Coverage of national and international news, including breaking stories. Group. He didnt say he spoke to the Department Of Justice or the State Department. Hes not speaking to any other gun control groups, but the president took to twitter to say i have reached out to the nra. So those of you who have Chanlted Over And over, drain the swamp, walk us through why you would go to the industry group. Why would you contact the largest Lobbying Group ever, the nra, on what to do about the ghost gun. As of last week, one of the organizations videos called 3d guns freedom and innovation. Tom costello has more on the guns and why the president should be checking with his own state Department Rather than the nra. This morning, growing pushback against a new type of firearm that some people can actually build in their own home. Eight Attorneys General now asking a judge to block a Texas Company from publishing the downloadable instructions for 3d printers to manufacture guns. From handguns to semiautomatics made of plastic and without a serial number, the guns are untraceable and undetectable. Able to pass through most metal detectors. Welcome to the age of the printed magazine. 30yearold cody wilson is the face of a new gun movement. Gun control is not dead. Its undead. Gun control is undead. The Obama Administration took wilson to court to stop his company from posting the instructions online, arguing it would put guns in the hands of terrorists. But cody wilson insisted he has a First Amendment right to publish, and the instructions were already online anyway. In june, the Trump Administration dropped the court fight with wilson. As long as you have a right to keep and bear arms, you have a right to make them. Freds 14yearold daughter jamie was one of 17 people why s high school. This changes the safety of americans forever if this is allowed to happen. Plastic guns, he fears, will bring more gun violence to a country already reeling. Someone could walk in with a gun and you wont know it. Airplanes, youll be flying with someone with a gun, and you wont know it. Courthouses, someone with a gun and you wont know it. Thats the risk. Okay, lets is a look at what these 3d printed guns are. Conventional gun manufacturing requires a permit and all guns produced must bear a serial number so they can be traced if stolen or used in a crime. But with 3d printing, theres no way to enforce these laws. Components can be printed without any oversight and any record keeping. The site offers files that allow users to print palmer components on demand, so now to build a gun, you dont need to purchase Industrial Machine working equipment or have special expertise. Among the Firearm Components on the site are plans to print a full baretta m9 handgun and the Lower Receiver for an ar15. You wont be able to print the entire rifle due to printer limitations, but you can present out several key components that allow the designer to fire 600 rounds continuously in a test earlier this year. This is real. And more concerning to lawmakers is the liberator. This was the first weapon designed by the group posting the plans. Its a single hp shot polymer weapon. The only non3d printable parts are the ammunition and a small nail thats used in place of a firing pin. Up here. All right, some lawmakers worry the guns run afoul of the undetectable firearms act of 1988. The designer put a small metal piece into the handle of the first liberator, although he said it was out of goodwill and others arent obligated to do so. Joining us now is avery gardener, copresident of the brady campaign, a gun control advocacy book. Some people are saying this is just a novelty item and theres no reason to fight back that hard against it. Its just one simple gun. Its not a semiautomatic weapon, but if this thing is cleared and people can suddenly print this, where could we quickly devolve to . People who are saying that this is only about one kind of gun are mistaken and misguided. Center, has a keen interest in the case because we filed a brief in the Fifth Circuit as an amemes, and they did not reach out to us before they came to this settlement. We didnt hear from either the Department Of Justice or the department of state. And thats one of the really troubling things here, is why this settlement, why now . As recently as april, the government maintained that putting these plans online was a threat to National Security and international peace. So what we have no idea what changed. What do your contacts at the State Department, im sure you interface with the government all the time, when they made this settlement which now is done, its not like you can put the Toothpaste Back in the tube, did they give you any rationale . Not only did they not give us any rationale, they didnt even give us a headsup it was coming. We learned about it in the press like everyone else. The next day, we sent a Freedom Of Information Act to the government asking about the documents in the settlement, who was involved in it, who made these decisions, what were the facts that changed that caused
the government to do a complete 180. Now, they havent gotten back to us yet. And if they dont get back to us in accordance with the statute, we will have to sue the Trump Administration again to get these documents. We think the public has a right to know, but as you say, its probably going to be too late. The guy whos doing this, corey, hes wrapped himself up in the constitution on this one. He calls it a First Amendment expression of his Second Amendment rights. Now, obviously, this is something you come up against a great deal. There is a Second Amendment that allows some gun usage and ownership in this country. Whats your response to that argument . Well, first of all, we have absolutely no concerns about safe, responsible americans owning guns and having them stored safely in their homes. I grew up with guns and i dont have any concerns about most americans having a gun in the home. The issue comes when were talking about dangerous people having guns in the home, and courts have held for generations that there are some people who cannot have a gun because they are too dangerous. Rooul. I was just finishing a ride. I felt this awful pain in my chest. I had a Pe Blood Clot in my lung. I was scared. I had a dvt blood clot. Having one really puts you in danger of having another. My doctor and i chose xarelto®. Xarelto®. To help keep me protected. Xarelto® is a latestgeneration Blood Thinner thats. Proven to treat and reduce the risk of dvt or Pe Blood Clots from happening again. In clinical studies, almost 98 of patients on xarelto® did not experience another dvt or pe. Xarelto® works differently. Warfarin interferes with at least 6 of your bodys natural bloodclotting factors. Xarelto® is selective, targeting just one critical factor. Dont stop taking xarelto® without talking to your doctor, as this may increase risk of blood clots. While taking, you may bruise more easily, or take longer for bleeding to stop. Xarelto® can cause serious, and in rare cases, fatal bleeding. It may increase your risk of bleeding if you take certain medicines. Get help right away for unexpected bleeding or unusual bruising. Do not take xarelto®
if you have an Artificial Heart Valve or abnormal bleeding. Before starting, tell your doctor about all planned medical or dental procedures and any kidney or liver problems. Learn all you can. To help protect yourself from another dvt or pe. Talk to your doctor about xarelto®. Works. Capital gains are profit from sale of property or stocks. Currently, we tax Capital Gains by the difference between the Purchase Price and sale price of an asset. The sale price is called cost. And current rules allow for investors to recoup that sales price, the cost. The cost is taxed at a rate of 23. 8 . If you invested a cost of A Million Bucks in 1990 and sold that asset for 3 million this year, you would only owe the tax on the difference. Thats 2 million. Your tax bill would be 476,000. Well, the Treasury Department could change the definition of cost when calculating the Capital Gains. Allowing for investors to account for inflation when determining their tax liability. The same investment of A Million Bucks in 1990 would now have a cost of about 2 million in todays inflation adjusted dollars. That means the investor would only owe half as much, 255,000
in taxes. Compare that to the 476,000 without adjusting for inflation. A difference of 220 grand, and thats tax dollars the Treasury Department loses out on. This kind of change could result in an estimated 100 billion in tax savings for wealthy investors. It would also dig into the treasury even deeper, the hole theyre already in from the last round of tax cuts, which again, mostly benefit the wealthiest americans. And ali, we have to slow that down. Were not saying this hurts the american worker. But it doesnt help them. Doesnt help. It might hurt them because if you reduce tax revenues, then everybody comes out and says we have to cut this and cut welfare and cut social services. It in fact could hurt them, but its broadening the gap that were trying to narrow, right, between the rich and poor. The president rails against Trade Deficits and he basically ignores budget deficits. He doesnt seem to care. The Treasury Department is in a hole because the tax cuts from
2017 are still not paid for. Theres this republican idea that if you cut taxes, its going to spur growth. Even if it spurs some growth, not enough, the Corporate Tax cuts thus far have not trickled down to the american worker. In large part, they result in stock buybacks. Who does that serve . The share holder. Who does Capital Gains adjustment serve . The share holder, not the american people. Our entire tax system is based around preserving money for the wealthy. Work labor gets taxed more than wealth does. If you have assets and you have Capital Gains, your tax rate is lower than if you just work for it. This is just a perpetuation of a problem we had for a few hundred years in america. Its supposed to be Getting Better, its getting worse. Its not a new idea. Larry kudlow has liked this for years. Whats stunning is its what the president campaigned against, much like when he said he was going to close the carried interest loophole, yet miraculously, it stayed in the tax system, and yet here we are again, and its just its certainly a gift to the donor
class. All right, next, what happens when the republican president picks a fight with the partys most powerful donors. We were just talking donor class. President trump just called the Koch Brothers a total joke on twitter. Were going to explain why the kochs are so important to the gop and why trump is slamming them anyway. All right, and good news for the First Time Ever barbie is wearing a hijab. Shes models after an american olympian and fencer part of the Idea To Diversity The American line. Love it. Your hair is so soft did you use head and shoulders two in one . I did mom. Wanna try it . Yes. It intensely moisturizes your hair and scalp and keeps you flake free. Manolo . Look at my soft hair. I should be in the shot now too. Try head and shoulders two in one. When did you see the sign . When i needed to jumpstart sales. Build attendance for an event. Help people find their way. Fastsigns designed new directional signage. And got them back on track. Get started at fastsigns. Com. And got them back on track. California had the worst Wildfire Season on record. Scientists say, our weather is becoming more extreme and we all have to be better prepared. Thats why pg e is adopting new and additional safety precautions to help us monitor and respond to dangerous weather. Hi, im allison bagley, a meteorologist with pg es Community WildfireSafety Program. Were working now, to enhance our Weather Forecasting capabilities, building a network of new Weather Stations to identify when and where extreme Wildfire Conditions may occur, so we can respond faster and better. Were installing Cutting Edge Technology to provide realtime mapping and tracking of weather patterns. And we use this information in partnership with First Responders and californias Emergency Response systems. To learn more about the Community WildfireSafety Program and how you can help keep your home and community safe, visit pge. Com wildfiresafety welcome back to velshi ruhle. Here are the top stories were watching right now. In the state of california, Monster Wildfires continue to burn out of control. Killing a total of eight people so far and threatening tens of thousands of homes. As of now, the carr fire alone has destroyed over 110,000 acres and its only 27 contained. Its now officially the seventh most destructive fire in california history. Paul manaforts first trial begins today in alexandria, virginia. The first of two trials the former Trump Campaign chairman is set to face. The Special Counsel is leveling 18 counts against hem in this one, including tax and bank fraud related to his work as a consultant in ukraine. The accounts predate his work on the Trump Campaign. Hes pled not guilty to charges in virginia and washington, d. C. This hour President Trump is set to sign the strengthening career and Technical Education for the 21st century act. This bipartisan bill aims to help americans obtain the skills needed to compete for good paying jobs. In a couple hours, trump is expected to go to tampa, florida, to fundraise and rally for republican congressman rob desantis who is running for government. And President Trump is going after the koch brurthothers, Th Billionaires handing out money to republicans for years. He said the Koch Brothers are a real joke in republican circles. Against strong borders and powerful trade. I never sought their support. They love my tax and regulation cuts, judicial picks and more. I made them richer. Their network is highly overrated. I have beaten them at every turn. They want to protect their companies outside the u. S. From being taxed. Im for America First and the american worker. A puppet for no one. Why the fury . This weekend, koch Network Leaders distances the organization from some republicans and President Trump calling trumps tariffs wrongheaded. The gop spending horrifying, and a separation of families at the border abhorrent. In fact, charles koch even told the reporters he could be open to working with democrats in the future, saying, quote, i dont care what the initials are in front or after somebodys name. His network also announced it would not support a republican candidate in a close midterm race in north dakota, saying hes inconsistent on issues that matter to the group. Uhoh. If inconsistent is a problem the Koch Brothers have, they aint never going back to trump. Time to talk about the Koch Brothers a little bit. Lets take a closer look at exactly who they are. Charles and david inherited the second largest American Company from their father in 1967. Today, charles is at the helm. David stepped down in june, cited health problems. The two are worth an estimated 120 billion, according to forbes. The brothers organized their own Political Network back in 2000 threne, an assembly of libertarians, libertarian leaning people, rich business people, advocacy groups. Each has agreed to contribute at least 100,000 annually to koch linked groups. Now, this network has shaped elections for years. Even being called more powerful than the Republican National committee. In 2012, it spent 122 million on elections. In 2014, it was up to 129 million. And by 2016, the president ial election, an estimated 250 million. And i