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Transcripts For MSNBCW Prime 20240703



welcome to prime time we can, i am nicolle wallace. let s get right to the week s top stories. donald trump would never keep the fifth amendment. if you re innocent, why are you taking the fifth amendment? now he is on trial for hiding hush money payments to a star. but he won t take the stand. donald, why won t you testify? after all, you believe only guilty cowards to the fifth. fifth amendment, fifth amendment, fifth amendment, horrible. horrible. please take the stand, donald. or admit you are a coward. it is a big open question at this point, will he or won t he? will donald trump take the stand in his defense in his own criminal trial? the jury good to hear from the man at the center of all of it, the defendant directly. we have seen the ex-president take the stand or go under oath for very short periods of time in previous trials and it has got not gone very well for him. in november of last year he testified in the civil fraud trial against him and his b ....

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Transcripts For MSNBCW Deadline 20240703



democracy at stake, the nine justices of the united states supreme court hold in their hands the power to forever alter the trajectory of our country. how they rule on cases having to do with january 6th, violent attempt to disrupt the transfer of power, will echo for generations. so not only is it reasonable for us to expect those nine human beings to go about their process impartially, it s vital that they are seen and perceived as being impartial appearance. the mere appearance of bias could strain our trust in an honest result for these cases, which is why today s news isn t just disturbing, it s scary. the new york times cites photos and interviews with neighbors in reporting that in 2021, days before president joe biden s inauguration as president, days after the deadly attack on the united states capitol of january 6th, neighbors of conservative justice samuel alito noticed something on his lawn, an upside down american flag, a symbol commonly used in those day ....

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Breakingviews - Guest view: Virus teaches the limits of economics


Breakingviews
6 Min Read
LONDON (Reuters Breakingviews) - At budget time, finance ministers sometimes cite the words of Jean-Baptiste Colbert, Louis XIV’s finance minister, that “the art of taxation consists in so plucking the goose as to obtain the largest possible quantity of feathers with the smallest possible amount of hissing”. In truth, fiscal policymakers nowadays tend to see taxation as a science rather than an art.
People walk over Waterloo Bridge, amidst the coronavirus disease (COVID-19) outbreak in London, Britain, February 5, 2021.
The UK Treasury has estimated that the income tax rate for high earners which brings in the most revenue is 45% to 50% and that increasing the rate by 10 percentage points reduces the amount the wealthy work by over 7%. If a typical developed country wants to cut cigarette consumption by 4%, it needs to raise taxes on tobacco by around 13%, the International Monetary Fund says. ....

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