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house speaker nancy pelosi has just been arraigned. stand by for details. this comes as we re learning the pelosi family members are expected to hear the 911 call and see the police body camera footage taken at the scene. also tonight, political heavy weights in both parties are hitting the campaign trail one week before the midterm elections that potentially could shake up the balance of power here in washington. cnn is on the ground in the make or break battle ground states. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the new developments in the paul pelosi attack. the suspect formerly said arraigned making an appearance in the california courtroom. josh campbell is outside the courthouse in san francisco. josh, tell us what happened inside the court today. reporter: yeah, wolf, that hearing just wrapping up here at the hall of justice in down tow san francisco for david d p ....
Choices for people who are being asked to mop up the mess that the government has made on the economy. billions of pounds because of their mismanagement of the economy. it s all very well saying, you will have to pay more i think a lot of people will be saying you made the mess in the first place. what you would see for a labour government is fair choices about where the money comes from. potentialfor up to choices about where the money comes from. potential for up to £50 million on axa profit taxes for oil and wind companies. oil and gas companies. there is the corporation tax that the government has moved forward quickly enough on. there are fairer choices that can be made. the big central question will be, where is the plan to grow the economy? because that is the achilles now for 12 years of this government. that is the labour 12 years of this government. that is the labour leader 12 years of this government. that is the labour leader there. the headlines on bbc news. the uk ....
We establish wherever the price of oil went up substantially, we would impose wind fall profit taxes. the incentive in being able to drill for oil would be diminished because you wouldn t feel like when the best pace for you and your oil was really needed, you wouldn t feel like you could raepeap the full repo. it would deceiscourage investme in oil that means higher oil prices. that s the important fact. i think there is a secondary effect if you reduce the cash flow of those businesses, less cash flow in is probably going to meanl less investment out bu i think the important thing is that any time you tax something or signal that you re going to tack s tax something in the future, you discourage people s incentive to ....
Produce it and i think we re working our way out of the problems that we re created some of the problems created by an kexcess of hostility to hydr carbons a couple years ago and if there hadn t been that excess hostility, we d probably have more hydro car bons today and nw we re taking another hostile to hydro carbons act. it s not the thing to do given the mag consnitude of the energ challenges i had again. i certainly share the frustration they re not more hydro carbons being produced in the united states.proper area f dialogue but i suspect a certain amount is permitting and regulation and i don t see how the wind falls profit taxes would help. larry summers, thanks so much ....
Play by any of those rules, china would have significantly lower business taxes that the united states doesn t china will have significantly lower capital gains taxes than the united states does and this may only be the beginning unless it is all stopped. this race to the bottom, you know the race to the bottom, ireland with a 12.5% corporate tax rate. you know who put us on the right road, donald trump took the corporate tax from 35 to 21% and he didn t have any of these access profit taxes, the idea that raising your taxes is going to keep companies or jobs here is just it is counterintuitive, utter nonsense, people will flee just as they did before the trump tax cuts but this is remarkable ....