Polling the Public: Inflation Fight or Wealth Tax? 3/31/22

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 31 March 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wall Street and Washington are still hung up on the Biden administration’s proposed billionaire income tax, but pollster and political strategist Frank Luntz says the majority of Americans are more concerned about gas independence and inflation than they are about wealth. Newly declassified U.S. intelligence indicates Russian President Vladimir Putin feels he was misled by military leaders who did not tell him key details about the botched invasion of Ukraine because they feared angering him, according to top Biden administration officials. The Biden administration is expected to end the asylum limits at the U.S.-Mexico border originally put in place to prevent the spread of COVID-19. The policy has blocked more than 1.7 million attempts by immigrants to cross the border since its start during the Trump administration in March 2020. Plus, CNBC’s Bertha Coombs reports that Walgreens Boots Alliance shares are falling as demand linked to the Covid pandemic slows, and the anchors are singing their way down memory lane. In this episode: Frank Luntz, @FrankLuntz Bertha Coombs, @berthacoombs Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today I'm Squawk Pod.
0:08.0	Billionaires, the politicians, and us.
0:11.0	We are all obsessed with a new proposed wealth tax, but
0:14.8	Polster Frank Luntz has the scoop on the rest of America.
0:18.2	When you ask people what matters most, it's not raising taxes on the wealthy. It's stopping inflation,
0:25.1	stopping American dependence on oil and energy. And too scared to tell the
0:31.6	truth, U.S. intelligence says Russian officials have avoided giving
0:35.2	Putin bad news about the invasion of Ukraine and the extent of the damage to Russia's economy.
0:40.6	Can you imagine being the guy that they say, you know, you got to go tell him?
0:45.0	Can you imagine being the guy that has to go give Vladimir Putin bad news?
0:48.0	Plus Walgreens could remove cigarettes from store shelves.
0:52.0	C. NBC's Bertha Coombs brings us comments from the could remove cigarettes from store shelves.
0:52.6	C. NBC's birth at Coombs brings us comments from the drug store's CEO Ross Brewer.
0:57.0	It is one of those things that some shareholders have been asking.
1:00.2	Absolutely for a while.
1:01.9	I hear them loud and clear.
1:03.5	All that ahead and greatest hits Y2K versus the classics.
1:09.0	We don't know any of these songs.
1:11.0	Stacy's mom.
1:12.0	It is Thursday March 31st, 2022.
1:15.3	Squawk Pod begins right now.
	...

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