This is an older video of Stossel and a really good one. Some called him a leftist for making vids such as this. His more recent ones have a lot more bias in them. He is a really good journalist and Libertarian. Unfortunately, he started using yellow journalism techniques. His time at Fox has colored his journalistic judgement.
A lot of people are, but so many more just don't want to listen. Guess it's easier to pretend that all wealthy people are evil and trying to screw you instead of trying to fix things.
He's trying to create an argument against the left by appealing to the left. The left promotes "socialist" ideas of income redistribution while blaming the rich, but also tend to promote clean energy. So he takes a concept they very much dislike and ties it to a concept they do like to get them on board with gutting clean energy incentives. He fails to mention that flood insurance and clean energy incentives are both in response to global warming and not intended to save poor people money.
Not all the rich got where they are because they worked hard, they just learned how to play the game. Stossel just scratched the surface in this episode.
@@alltheframes9015 Then they change the rules. That's what happened to the Gamestop stock. They change the rules for how shares can be bought and sold so that only a small group can benefit from the system.
@@niklasmolen4753 Not really. If you look at the research "Only 21% of millionaires received any inheritance at all. Just 16% inherited more than $100,000. And get this: Only 3% received an inheritance at or above $1 million"
Jedi Patriot the problem is, it is not your money, you are legally a slave to the plutocracy because you do not have direct franchise like the founders intended. An indirect franchise is just a shell game by lobbyists to fool the majority into thinking they have control, while the Constitution is just a protection racket.
In Canada we have universal health care. By your standards every Canadian is cheating their system. Everyone that received Covid funds are also cheater. That means everyone is a cheater and not moral. 🤔
@@acz88 Healthcare in Canada helps lots of people so that is different. Rich people building mansions that they know will be washed away by the sea and using tax payer money to cover their loss is in my opinion immoral.
Its impossible to say which is worse. We don't know how much worse off we'd be if everyone was cheating on their taxes. Or maybe we'd be better off. We just don't know.
@@incelproud2670 Everyone who works is technically "exploited". They agreed to their payment. Stop making excuses for not working. YOU'RE LAZY. ACCEPT IT.
If this doesn't piss you off - then nothing does. Thanks John for outing yourself and posting this; appreciate the honesty and displaying articulately on record here something I've been trying to explain to others for years. Keep the videos coming.
뿡뿡! ^__^ i didnt care for him either when he first came on back when i was in highschool. i didnt dislike him exactly just didnt care. i like to think hes gotten way better at his job but i did find his bowtie slightly annoying. glad he ditched that 🙄
The way he speaks is like he’s laughing at the less fortunate. But in reality it’s the less fortunate that elect the politicians that create them laws.
The less fortunate take the bait of subsidy for themselves but the rich profit from it and it's all being paid off by those who just struggle on regardless their "fate"
He's doing that deliberately to show that the more socialist laws are actually helping the wealthy and making it worse for the less fortunate when often people associate socialism as being the other way round
The poor mostly are stupid anyway to elect a politician to hopefully be on their side lol. The poor elects idols, buys their products, watch their movies and makes them rich.
I truly and utterly do not understand why Americans don't inform them selves. This is just ridiculous. I'm from Guatemala and I bet I know more about the US government, US history, and US politics than the average US citizen. I for one believe that lobbying should not be permitted. You know the one thing that really gets into my skin is how all that trillions of dollars in debt there is here and the politicians keep voting for pay raises... Sickening!!!
The problem is that every single one of those programs looks innocent at first glance. Flood insurance for low income communities gets turned into a pet program for people with million dollar beachfront homes. Farmer's insurance is established for small family farms, which coincidentally sends the bulk of its revenue to people who make several million dollars per year. Electric car subsidies that are meant to make electric cars more affordable for the middle class, end up providing free golf carts to the rich. These carve-outs become highly defensible, because anyone who attacks the flood insurance program can be accused of waging war on low income communities. It's even better if they can accuse you of going after brown people, because "You clearly don't want a black woman getting money from the government. You're just a racist piece of shit." abc7ny.com/society/nycha-tenant-wakes-up-to-flooded-apartment-following-rainstorm/3353439/
People should be free to lobby. We have a need to seek redress from our government, and lobbying is one means of that. The point behind this whole segment was the passing of unnecessary laws is counterproductive to society, and prohibiting lobbyists would be yet another unnecessary law.
Pay raises are small beans. Congress pays well because it’s supposed to be a nonstop job for their term. The problem is they are buying elections by giving too many subsidies, graft, and unnecessary welfare. I’m fine with a congressman making ~$300,000(the whole idea of congressional pay is to make up for lost revenue from ‘serving’ in government instead of personal business) so long as they do their damn job
Every person in Congress qualifies as a rich person by these standards. There are a precious few of them whose primary income is their congressional salary. They pass laws like this because they personally benefit as they will have, by the time the law is passed, invested thier money in just the right way to get the benefit. A certain statistician got famous for his mathematical algorithm being more accurate at predicting societal trends and the actions of foreign governments than anyone else's. History Channel called him a modern Nostradamus. When asked what he learned about human behavior he found his math was most accurate when he assumed people, especially heads of state, were far more self-serving than self-less. Such is human nature.
Hptm: Did you know Trump donates his Presidential salary to charity? Does not get reported on often. Of course, Obama kept his. Like you, I would love to see Congress men, women and senators doing the same thing. Otherwise, you get a guy like Harry Reid who was broke when he was elected, but is now a billionaire! How did he do that on a $150,000/year salary from the senate? Hmmm...makes you wonder. Of course we all know why. He is, of course, not alone either.
+Pirate Labs ..trump donates 400k a year...the trump organization makes that back each month and more from charging the taxpayer for accommodations and services to the secret service..its a scam
Matt Foster: Ummm...Remember Joe Biden? Well, he charged the taxpayers MILLIONS for rent on his beach house in the Hamptons next door to where the Obamas stayed so the secret service could be close by to the President. That is ok with you but a few hundred thousand is not ok? Plus, most of the time, if not all, Trump charges the secret service zero! I can see how biased you are so maybe you should work for CNN? Ha ha.
Pirate...cite and link credible sources.... SS moved out of Trump tower 2 months ago to trailers when it was found he was charging them 3x the sq foot rent other tenants were being charged ... millions to have SS and NYPD cordon off a block of NYC so his wife doesnt have to leave NYC... 3 mill a weekend to stay at his own resort and golf?... besides all that..he's clueless and has no idea what he's doing
I was a poor freeloader.I only earned 35.000.00 a year employed at Grayson County Texas where I got an annual property tax bill of only $135.00 for my acreage while a similar neighbor paid out thousands per year for the same amount of land that I own.I was a county employee.Most county employees and officials don't even pay taxes at all.
@@bite-sizedshorts9635 police and fire departments should be handled by the state as they can serve multiple communities, especially in emergencies. For example, a small town can't afford a firefighting plane to use against forest fires (and even if it could, it wouldn't need it that often just for itself), but a state can. Infrastructure like roads or pipes can be maintained locally, but it should be funded with other taxes, like income (personal and corporate) or sales. If you've bought an asset, the government shouldn't be able to milk you for eternity at the threat of seizing it. Because then it's not really ownership, but a lease from the government.
Because 1981lashlarue, it's not based on apportionment and USA Census, then voted on what should be done with the tax money... like what happened before 1913 when the 16th amendment was issued even though it's an illegal amendment(only 3/4 of the states ratified it and it still went through), and the Federal Reserve was put into existence...
What do you mean only 3/4 of the states ratified it? That's all that's required to ratify it under Article V. What does it not being based on apportionment and USA Census have to do with anything? It's a part of the Constitution now, plain and simple.
A lot of rich people get free stuff, some get handed luxury cars and watches, some a lot more. If you're wealthy businesses will give you a bunch of stuff, free flights etc, you'll pay little tax as well.
This is a great section. The only thing I wish he had added is the part where THESE people are telling you to be angry at the woman who gets free childcare. Or a free phone. Or a few hundred a month in groceries. A poor person has never cost the country as much in welfare as the rich.
So ,im born in.the usa , worked on school breaks , full time since 17 , now 60 , went to the emergency room , my insurance paid 4,800 ,the hospital wants 500 plus more . . But my sis in law husband brought his mother here , not a citezen , never payed taxes ,been here 2 years , she goes for a mamogram , and pays ....... $25 . WTF !? No insurence ,no job , basically free . Same group hospital . I decided i will not pay the rest of the bill .
you can't compare those 2 situations because you were provided very different services. instead of ignoring the bill you should write back and asked for a detailed billing summary breaking down each charge. that way you might be able to dispute some of it, as hospitals are known to pad billing with products or services that they may not have necessarily provided in your case.
@@vanillacokejunky what dont you understand ? Not a citezen ,dont have a job , and dont pay taxes , bill is ,$25 . Are a,citezen ,pay taxes for decades , bend over .
@Charming Billy bs , a blood test and a exray 5400 a mamogram 25 bucks , your a dork . One bill for a taxpayer with a job . The other for a non citezen ,who has never paid 1 cent . Diagnostic mammo (3D + ultrasound only one side breast) Amount: $1,368.08 Posted by: Synthia From: Oakland, CA Posted On: March 9th, 2019 12 . .. 100s of billions spent on illeagals ,but social security ? Oh thats been bankrupted after it was raided. Bend over tax payers . Thank a demoncrate
@Charming Billy No you do not get it, otherwise, you would not argue about a racist company that charges you 100% of the bill if you are a citizen, and 5% of the bill if you are an immigrant.
@@tompain2751 "Federal payments to farmers are projected to hit a record $46 billion this year as the White House funnels money to Mr. Trump’s rural base in the South and Midwest ahead of Election Day".
Gotta give him a hand. It takes guts to be real. It is pretty cool seeing someone go im rich and heres how these programs i benefit from are bad for everyone else.
Who are now becoming poor. Middle is quickly disappearing. Free loading for poor will disappear when middle does. Leaving the true freeloader (The wealthy, not rich, there is a difference)
Knowledge is power. Thanks for confirming what we have always suspected but something (rich perks) for which there was little “evidence”. Just because the evidence isn’t obvious doesn’t mean it isn’t there.
Well, if the rich man is providing services that will help the poor man get out of his poverty? Then awesome! But if it’s the government - then not so much
Property taxes: Paying rent on property you already own. Planning permission/zoning laws: getting permission to build on property you already own. Do you really own your property?
It's despicable, in the 1950s it was standard to work for 2-3 years with your parents, accumulate enough money to buy a modest house for $90k, and then move in with your wife and have kids and never have to pay rent or a mortgage ever again. Now we pay rent and mortgages until our 50s. Property Taxes being one of the largest expenses!
I’ve been a Stossel fan for as long as I can remember, but somehow I never saw this video. And to be honest, this just ratcheted up my respect for him. This took balls.
Small government and personal responsibility. If you build a beach house next to the ocean and it floods, your own problem. Should have bought insurance. The only one I can sort of agree with is disability insurance and I don't mean if you have a sore back you get paid to stay home. I mean people that had some serious bad luck and say had a child with a care intensive disability. I'd like to help those people, but maybe the best way to help isn't government but private charity. I'd just like to see them taken care of.
There are also adults with severe mental/physical disabilities, not self inflicted, who should have access to a variety of care homes. Think something along the lines of a long term homeless shelter, but for people with a mental and/or physical illness that they didn't bring on themselves.
So, is there anyone here who could, you know, provide the comment section a link or list of lesser-known-but-golden tax breaks we could use ourselves? Or should I just refer to the Bogleheads forums?
So glad I found you again on YT ! Only journalist in the world who would put himself in that category with examples. If that's not honest reporting, I don't know what is.
I remember one year when a guy working with me said he paid $7K in property tax, I was "Wow, you must have a big spread" He replied "No, I own a 98 unit apt complex"...Took a lot to not beat the crap out of him. My mother paid $1,200 for half an acre back then...
@@MikhaelAhava Tucker is polite and funny, but he gets a lot very wrong. He often uses Bernie's lines of reasoning to support regulating technology and trade to "save jobs".
@Owlblocks David I don’t agree with him on economics with high regulations but in terms with social issues, freedom of speech, gun rights, gender absurdity, he seems fine in those aspects.
@@MikhaelAhava that's fair, and he's definitely very reasonable and intelligent (or, at least,reasonable. He doesn't come across as particularly above average IQ, but you shouldn't need to be to be sensible and knowledgeable, which Tucker definitely is). So many intelligent people, however, are not reasonable, so that's not the end all be all.
Any of these programs could be made better with some common sense. The flood insurance program could be made useful by stating that once a claim for over 50% of the assessed value, the property would not be eligible for National Flood Insurance or FEMA claims for 100 years. This would identify the property at risk to flooding very quickly and encourage people to buy or rebuild on less risky property. The program should be opened to all people (not just those in flood zones) and FEMA should be forbidden to reimburse for natural flooding.
Michael: ALL flood insurance is based upon the flooding in the past 100 years. The rates are already based upon that. I know this because I had to have it when living along the Delaware River in N.J.
Pirate Labs He's saying you shouldn't be able to file the same claim over and over. Once the property is destroyed, you get your money, but never again. So you have incentive not to make the same bad choice twice.
Or maybe get rid of government funding? That way if there is an insurance scam, the rest of us don't foot the bill. Make the insurance private, that way the companies involved will have some sort of self-interest at ensuring that the system is legit, instead of our politicians having self-interest.
Common sense and government don't normally go together. Get rid of the government subsidies and if people still want to build homes in high risk areas, that's their business and their cost if something happens. Don't keep sticking the taxpayers.
I feel like this is the scene in the movie liar liar where we walk in and ask “what are you doing?” And he replies “I’m kicking my own ass, do you mind?!”.
John stossel called himself a free loader, now someone I can trust
This is an older video of Stossel and a really good one.
Some called him a leftist for making vids such as this.
His more recent ones have a lot more bias in them.
He is a really good journalist and Libertarian.
Unfortunately, he started using yellow journalism techniques.
His time at Fox has colored his journalistic judgement.
@@lunatik9696 he basically calls out 99 percent liberals then Michelle Bachmann. You think anyone except yourself would think he's leftist?
It doesn't take much for the right or left to turn on someone.
jose gonzales so true. Now he's supporting the privatization of the military. Unbelievable
No Shit!
I can visualize him sitting in front of his personal tax accountant repeating, "You're kidding me! We can do that?!"
@Howie Tran ALL presidents are criminals.
@Howie Tran Correct ... I just assumed you knew what the definition of "ALL" was
@Howie Tran .... we got a bright one here!
Notice how he ran off lol
I love how honest he is about this.
A lot of people are, but so many more just don't want to listen. Guess it's easier to pretend that all wealthy people are evil and trying to screw you instead of trying to fix things.
Not honest enough to just say no and do the right thing.
Thats how he got rich
@@jessefaw He's reporting it
He's trying to create an argument against the left by appealing to the left. The left promotes "socialist" ideas of income redistribution while blaming the rich, but also tend to promote clean energy. So he takes a concept they very much dislike and ties it to a concept they do like to get them on board with gutting clean energy incentives. He fails to mention that flood insurance and clean energy incentives are both in response to global warming and not intended to save poor people money.
"The Golden Rule." Those with the Gold make the rules.
that's clever I like that . not its truth just that its clever
Number 1 rule dont spend YOUR money.
@@sprintershepherd4359 oh its 100% the rule, if you dont know that you need to wake up.
@@jedmccullough7959 I said not the truth of it is clever . the fact that its true is a crime
Isn't that from alladin
Not all the rich got where they are because they worked hard, they just learned how to play the game. Stossel just scratched the surface in this episode.
Absolutely true, though you'll never hear a rich person admit to it.
Most people who are rich have inherited their money, even in the United States.
I wonder what would happen if normal people also had the chance to learn "how to play the game"
@@alltheframes9015 Then they change the rules.
That's what happened to the Gamestop stock. They change the rules for how shares can be bought and sold so that only a small group can benefit from the system.
@@niklasmolen4753 Not really. If you look at the research "Only 21% of millionaires received any inheritance at all. Just 16% inherited more than $100,000. And get this: Only 3% received an inheritance at or above $1 million"
John, I want my money back, you freeloader. ;)
Jedi Patriot the problem is, it is not your money, you are legally a slave to the plutocracy because you do not have direct franchise like the founders intended. An indirect franchise is just a shell game by lobbyists to fool the majority into thinking they have control, while the Constitution is just a protection racket.
Tom Evans semantics.
Jedi Patriot ooookaay he'll send you an iou invoice..lol
Spot on Tom!
Statetheists are clueless.
Il take Bj or just a hand job instaed :D
Other channels: people are cheating the system, we must change the system!
John Stossel: Here's how I cheated the system, we must change the system!
But he wasn't cheating. He was playing by the rules.
Doesn't make it morally right.
@@Catlily5 you do a lot of things considered not morally right so why are you judging? I mean who are you? Jesus? Mother Theresa?
In Canada we have universal health care. By your standards every Canadian is cheating their system. Everyone that received Covid funds are also cheater. That means everyone is a cheater and not moral. 🤔
@@acz88 Healthcare in Canada helps lots of people so that is different. Rich people building mansions that they know will be washed away by the sea and using tax payer money to cover their loss is in my opinion immoral.
The crime isn't that the guy with a hundred acres is paying $200 behind the old lady, the crime is that she is paying $6000 for her 1/2 acre.
John Armstrong guaranteed its a blue state.
Grow some bees.
my 1/4 acre we pay 6k in property taxes......... im in texas
Welcome to funding for public schools. That is what drives property tax.
Its impossible to say which is worse. We don't know how much worse off we'd be if everyone was cheating on their taxes. Or maybe we'd be better off. We just don't know.
Biden and Wallace: Trump you paid only $750 in tax!!!!
Trump: Biden, you wrote and voted on those laws that gave me those breaks.
Capitalism is worker exploitation.
@@incelproud2670 you're confusing capitalism with communism and socialism
@@t_c5266 you're confusing exploitation with democracy.
@@incelproud2670 calm down there little communist boy.
Hey I hear there are free helicopter rides going on. Would you like a ride?
@@incelproud2670 Everyone who works is technically "exploited". They agreed to their payment. Stop making excuses for not working. YOU'RE LAZY. ACCEPT IT.
If this doesn't piss you off - then nothing does. Thanks John for outing yourself and posting this; appreciate the honesty and displaying articulately on record here something I've been trying to explain to others for years. Keep the videos coming.
I'm starting to like Stossel...
pantslizard stossel and tucker are the only two news people I can stand that were or are on some sort of mainstream source
I agree, I like Tucker Carlson as well
He opens the shutters the elite like to cover us with.
pantslizard I used to fucking hate Tucker, but now I like him a lot haha
뿡뿡! ^__^ i didnt care for him either when he first came on back when i was in highschool. i didnt dislike him exactly just didnt care. i like to think hes gotten way better at his job but i did find his bowtie slightly annoying. glad he ditched that 🙄
Life is good when you can afford lobbyists.
When real life pay to win
My wallet: Am I a joke to you
More like life is livable
This was just a 5 minute long flex tbh.
lmaooo
Jake Shattuck IM BALLSY
Tanner 👉🏾💪🏾🤣
??? I don't understand.
Meaning that he is promoting himself and braggin.
The way he speaks is like he’s laughing at the less fortunate. But in reality it’s the less fortunate that elect the politicians that create them laws.
He's laughing at the irony of the rich man gettin all the breaks and the poor man payin for it.
The less fortunate take the bait of subsidy for themselves but the rich profit from it and it's all being paid off by those who just struggle on regardless their "fate"
He's doing that deliberately to show that the more socialist laws are actually helping the wealthy and making it worse for the less fortunate when often people associate socialism as being the other way round
The poor mostly are stupid anyway to elect a politician to hopefully be on their side lol. The poor elects idols, buys their products, watch their movies and makes them rich.
He isn't laughing. He's just not being a hypocrite.
Rich get richer and the poor gets poorer with laws like this
They pay 40 percent of their income in taxes. Why are you buying this bullshit?
@Patrick Ancona Let's see what happens if you pay 40% of your income in taxes. And I'm not so bright! Lol!!
then it makes sense that the poor people get the same exact laws so that they can keep more of their money
@@dianewuchevich6208 yes, and in return they get hand outs.
Rich get richer and poor get richer my guy
I truly and utterly do not understand why Americans don't inform them selves. This is just ridiculous. I'm from Guatemala and I bet I know more about the US government, US history, and US politics than the average US citizen. I for one believe that lobbying should not be permitted. You know the one thing that really gets into my skin is how all that trillions of dollars in debt there is here and the politicians keep voting for pay raises... Sickening!!!
The problem is that every single one of those programs looks innocent at first glance. Flood insurance for low income communities gets turned into a pet program for people with million dollar beachfront homes. Farmer's insurance is established for small family farms, which coincidentally sends the bulk of its revenue to people who make several million dollars per year. Electric car subsidies that are meant to make electric cars more affordable for the middle class, end up providing free golf carts to the rich.
These carve-outs become highly defensible, because anyone who attacks the flood insurance program can be accused of waging war on low income communities. It's even better if they can accuse you of going after brown people, because "You clearly don't want a black woman getting money from the government. You're just a racist piece of shit."
abc7ny.com/society/nycha-tenant-wakes-up-to-flooded-apartment-following-rainstorm/3353439/
Sergio Marroquin why are you here?
People should be free to lobby. We have a need to seek redress from our government, and lobbying is one means of that. The point behind this whole segment was the passing of unnecessary laws is counterproductive to society, and prohibiting lobbyists would be yet another unnecessary law.
Pay raises are small beans. Congress pays well because it’s supposed to be a nonstop job for their term.
The problem is they are buying elections by giving too many subsidies, graft, and unnecessary welfare.
I’m fine with a congressman making ~$300,000(the whole idea of congressional pay is to make up for lost revenue from ‘serving’ in government instead of personal business) so long as they do their damn job
I am part Guatemalan to and I can see the stupidity of my government...
Every person in Congress qualifies as a rich person by these standards. There are a precious few of them whose primary income is their congressional salary. They pass laws like this because they personally benefit as they will have, by the time the law is passed, invested thier money in just the right way to get the benefit.
A certain statistician got famous for his mathematical algorithm being more accurate at predicting societal trends and the actions of foreign governments than anyone else's. History Channel called him a modern Nostradamus. When asked what he learned about human behavior he found his math was most accurate when he assumed people, especially heads of state, were far more self-serving than self-less. Such is human nature.
The salary alone is enough to make them rich. Every time they talk about their "service" nauseates me.
Hptm: Did you know Trump donates his Presidential salary to charity? Does not get reported on often. Of course, Obama kept his. Like you, I would love to see Congress men, women and senators doing the same thing. Otherwise, you get a guy like Harry Reid who was broke when he was elected, but is now a billionaire! How did he do that on a $150,000/year salary from the senate? Hmmm...makes you wonder. Of course we all know why. He is, of course, not alone either.
+Pirate Labs ..trump donates 400k a year...the trump organization makes that back each month and more from charging the taxpayer for accommodations and services to the secret service..its a scam
Matt Foster: Ummm...Remember Joe Biden? Well, he charged the taxpayers MILLIONS for rent on his beach house in the Hamptons next door to where the Obamas stayed so the secret service could be close by to the President. That is ok with you but a few hundred thousand is not ok? Plus, most of the time, if not all, Trump charges the secret service zero! I can see how biased you are so maybe you should work for CNN? Ha ha.
Pirate...cite and link credible sources....
SS moved out of Trump tower 2 months ago to trailers when it was found he was charging them 3x the sq foot rent other tenants were being charged ...
millions to have SS and NYPD cordon off a block of NYC so his wife doesnt have to leave NYC...
3 mill a weekend to stay at his own resort and golf?...
besides all that..he's clueless and has no idea what he's doing
Morale of the story: Don't be poor.
Good luck!
Morale of the story: dont vote for bad Politicians
Steal from the rich.
@@martymcfly5423 All politicians are bad, lets behead all of them and institute a direct democracy.
Moral, not morale.
I was a poor freeloader.I only earned 35.000.00 a year employed at Grayson County Texas where I got an annual property tax bill of only $135.00 for my acreage while a similar neighbor paid out thousands per year for the same amount of land that I own.I was a county employee.Most county employees and officials don't even pay taxes at all.
you were not a freeloader, property taxes should not exist at all
@@warmike Then you wouldn't have police, fire departments, sidewalks, street repairs, and more.
@@bite-sizedshorts9635 police and fire departments should be handled by the state as they can serve multiple communities, especially in emergencies. For example, a small town can't afford a firefighting plane to use against forest fires (and even if it could, it wouldn't need it that often just for itself), but a state can. Infrastructure like roads or pipes can be maintained locally, but it should be funded with other taxes, like income (personal and corporate) or sales. If you've bought an asset, the government shouldn't be able to milk you for eternity at the threat of seizing it. Because then it's not really ownership, but a lease from the government.
That's IT!! You convinced me! I'm going g to get rich!!
Lmao
Property taxes are unconstitutional
Backyard Boosters So is the income tax.
+metal lord How can the income tax be unconstitutional when it's in the Constitution?
#TaxationIsTheft with or without a constitution.
Because 1981lashlarue, it's not based on apportionment and USA Census, then voted on what should be done with the tax money... like what happened before 1913 when the 16th amendment was issued even though it's an illegal amendment(only 3/4 of the states ratified it and it still went through), and the Federal Reserve was put into existence...
What do you mean only 3/4 of the states ratified it? That's all that's required to ratify it under Article V. What does it not being based on apportionment and USA Census have to do with anything? It's a part of the Constitution now, plain and simple.
A lot of rich people get free stuff, some get handed luxury cars and watches, some a lot more.
If you're wealthy businesses will give you a bunch of stuff, free flights etc, you'll pay little tax as well.
At least John Stossel admits to taking the handouts that are offered to him. While saying how fucked up they are
One of his best episodes. Systematic legalized government corruption is the true root of all the wrong with government for the last 50 years.
Make that 150 years. The only reprieve was under Calvin Coolidge and Ronald Reagan. Even then gov spending kicked the can further down the road.
This is a great section. The only thing I wish he had added is the part where THESE people are telling you to be angry at the woman who gets free childcare. Or a free phone. Or a few hundred a month in groceries. A poor person has never cost the country as much in welfare as the rich.
We can be angry at both.
You need to compare actual welfare costs to subsidy costs. Neither is sustainable and both are failures doing more harm than good.
Stossel your honesty is refreshing. Unlike the others you told on yourself. Thanks wish the rest of them would do that.
His honesty costs him nothing. On the contrary. Otherwise I have a hunch he wouldn't do it.
Laws are made to favor the rich and those with power.
2021: Left wing politics takes over by force with the assistance of big tech, big pharma and big media.
🤔
@@acz88 Big business likes the republicans because tax reasons
THIS is why we need Term Limits,,,look who wrote these bills and laws,,,ALL were in congress more then TWO TERMS. they need to GO.
No use for lazy people None. i think trump curtailed this in some manner whereby you cant revolve right back in again,but your right.
Emotional laziness in self-reflection is lethal to everyone.
GOOD GRIEF!
The Public MUST be more educated!
Sooo much we don't know!
Sooo much criminal govt.!
The new gen is stuck learning social justice. The public follows the media. Education is very less likely, but do educate yourself though.
It's great that he admits it! Now help us change it, John!
He wants to. He is a libertarian
So ,im born in.the usa , worked on school breaks , full time since 17 , now 60 , went to the emergency room , my insurance paid 4,800 ,the hospital wants 500 plus more .
. But my sis in law husband brought his mother here , not a citezen , never payed taxes ,been here 2 years , she goes for a mamogram , and pays ....... $25 .
WTF !? No insurence ,no job , basically free . Same group hospital .
I decided i will not pay the rest of the bill .
you can't compare those 2 situations because you were provided very different services. instead of ignoring the bill you should write back and asked for a detailed billing summary breaking down each charge. that way you might be able to dispute some of it, as hospitals are known to pad billing with products or services that they may not have necessarily provided in your case.
@@vanillacokejunky what dont you understand ? Not a citezen ,dont have a job , and dont pay taxes , bill is ,$25 . Are a,citezen ,pay taxes for decades , bend over .
@Charming Billy bs , a blood test and a exray 5400 a mamogram 25 bucks , your a dork .
One bill for a taxpayer with a job .
The other for a non citezen ,who has never paid 1 cent .
Diagnostic mammo (3D + ultrasound only one side breast)
Amount: $1,368.08
Posted by: Synthia
From: Oakland, CA
Posted On: March 9th, 2019 12
. .. 100s of billions spent on illeagals ,but social security ?
Oh thats been bankrupted after it was raided. Bend over tax payers . Thank a demoncrate
@Charming Billy No you do not get it, otherwise, you would not argue about a racist company that charges you 100% of the bill if you are a citizen, and 5% of the bill if you are an immigrant.
@@kofola9145 120%... Profit must make
Moral of the story, get rich.
Moral of the story is rich fuckers need to be periodically rounded up and gotten rid of, just like they do to us.
@@joeldwest No the point is nothing is free, end the welfare state!
victoria ann zabaras or use their tactics for yourself
@@earthchansociety7769 They are not tactics, it's a rigged system.
Random Friction fair point. Honestly the world will never be fair and that is why anarchism is a poor man’s ideology
this should be MANDATORY viewing for all "low income" republicrats and demlicans...........
It's democrats who promote these giveaways,telling you it's good for the poor,or the environment!
@@CM-oe9ky Of course there are some,But give aways,and division,are the rule for democrats,not the exception!
@@tompain2751 "Federal payments to farmers are projected to hit a record $46 billion this year as the White House funnels money to Mr. Trump’s rural base in the South and Midwest ahead of Election Day".
John you’re awesome. No other reporter would bring information like this to light.
At least your honest enough to admit it, John. I can't blame you, we have the same problems in Canada. Still love ya man!
Gotta give him a hand. It takes guts to be real. It is pretty cool seeing someone go im rich and heres how these programs i benefit from are bad for everyone else.
Interesting, nice to see a perspective from a wealthy person .
Long story short:
Poor people freeload
Rich people freeload
The only people that don't are the people in the middle.
Everyone freeloads from everyone. The result is that resources aren't used very efficiently.
Who are now becoming poor. Middle is quickly disappearing. Free loading for poor will disappear when middle does. Leaving the true freeloader (The wealthy, not rich, there is a difference)
Most poor people don't freeload. Quit shitting on the poor. Most were born in bad circumstance and you beating on them helps no one. Just quit
Don’t be the middle man !
AMEN
Still love ya John, but if ya start feeling guilty I'll accept a large one time monetary gift.
Knowledge is power. Thanks for confirming what we have always suspected but something (rich perks) for which there was little “evidence”. Just because the evidence isn’t obvious doesn’t mean it isn’t there.
A fool is a poor man who gives a rich man more money.
a stingy man is eager to get rich and unaware of the poverty that awaits him
Well, if the rich man is providing services that will help the poor man get out of his poverty? Then awesome!
But if it’s the government - then not so much
Farmers are one of the greatest welfare recipients in the U.S.
Property taxes: Paying rent on property you already own. Planning permission/zoning laws: getting permission to build on property you already own. Do you really own your property?
Could you shut up maybe
It's despicable, in the 1950s it was standard to work for 2-3 years with your parents, accumulate enough money to buy a modest house for $90k, and then move in with your wife and have kids and never have to pay rent or a mortgage ever again. Now we pay rent and mortgages until our 50s. Property Taxes being one of the largest expenses!
@jens jensen, why. I was making valid points. Maybe you should shut up. Why are you telling me to shut up?
@Nicholas Pipitone, exactly! It is outrageous!
Tax slave hURr DuRR goberment bAd
YOU are the BEST reporter in America! Thank you for keeping it REAL Mr Stossel! Your awesome to this Texan!
I’ve been a Stossel fan for as long as I can remember, but somehow I never saw this video. And to be honest, this just ratcheted up my respect for him. This took balls.
We need more self-awareness like this guy.
F' "congress". There should be NO property or estate taxes!
Land value tax is better :)
I've always loved this guy. He's been keeping it real for a long time.
John Stossel, freeloading, and getting paid twice for the same work he did. Glad, I got adblock. no ad revenue from me!
Thank you John! I was considering a donation to your channel. Now I look at it as my tax dollars at work.
“…and me.” Great line Mr Stossel. Acknowledges again he’s a freeloader. I’m not from America but the same thing is sort of happening in my country.
boy am I glad this showed up in my reccomendations
We paid $2,500 a year, when Sandy hit it only covered %60. They ripped us of so bad it's disgusting.
John's honesty is refreshing
Scotty Pippen got a 50% "tax" when he got divorced.
Small government and personal responsibility. If you build a beach house next to the ocean and it floods, your own problem. Should have bought insurance. The only one I can sort of agree with is disability insurance and I don't mean if you have a sore back you get paid to stay home. I mean people that had some serious bad luck and say had a child with a care intensive disability. I'd like to help those people, but maybe the best way to help isn't government but private charity. I'd just like to see them taken care of.
There are also adults with severe mental/physical disabilities, not self inflicted, who should have access to a variety of care homes. Think something along the lines of a long term homeless shelter, but for people with a mental and/or physical illness that they didn't bring on themselves.
To be fair, dangerous houses just shouldn't be built. That's why flood insurance is so often too expensive, it's not worth it.
Keep shedding light John...So much of this has got to stop. We can't afford this any more! Spoken from a hard working lower class tax payer!
Thank You but nobody wants to talk about this!
Thankyou for your honesty and telling millions of people how it's done ✔️
Keep loving the government keep joining the military to fight for this freedom
Rich v. poor is not GOP v. Democrats. Both parties today support the rich over the poor.
"This world looks down upon a man who can stand on his own two feet... Without eating from their claws"
- Trivium
2:07
lmao, how he just cruises with that tax payer funded car in front of the camera. Dabbin on those taxpayers.
Just because you can do it, doesn’t mean you should John. Thanks for screwing us to prove a point
He did in the past. That doesn't mean he's taking now.
This is my 'favorite' John Stossel expose.
This is why we should get money out of politics. What a botched situation
So, is there anyone here who could, you know, provide the comment section a link or list of lesser-known-but-golden tax breaks we could use ourselves? Or should I just refer to the Bogleheads forums?
John
You a real one
May God keep you safe
You gotta love how honest he is.
That’s why we need to drain the swamp!!!!
I want to talk about myself the way this man talk about himself.
This is why the rich are getting even richer with the help of their political friends !!
Remember this....a time when anchors and newsmen would actually tell you the truth and talk about real issues.
This is reporting at it's finest! Love your commentary John.
Rich people run the show, so of course they look after themselves.
I want my money back 45 years.
You see Maxine Waters, you RUN away from her.
No no, point her out, call her names, draw a crowd. In the filling station, the grocery store, the shopping mall... She deserves it ALL !
Thanks, John. You are one of the good people.
So glad I found you again on YT !
Only journalist in the world who would put himself in that category with examples.
If that's not honest reporting, I don't know what is.
I remember one year when a guy working with me said he paid $7K in property tax, I was "Wow, you must have a big spread" He replied "No, I own a 98 unit apt complex"...Took a lot to not beat the crap out of him. My mother paid $1,200 for half an acre back then...
The laws are for the rich. We pay . What would they do without us . We are truly the rich. They are poor in Spirit.
Ahh. THAT'S why my accountant asked me 'how do i feel about goats'.
Makes sense now. I gotta call him back.
*Integrity at its finest.*
So glad I stumbled on to Stossel TV. I miss that voice from my younger days.
0:45 oh look who it is! Maxine Waters, the biggest rich freeloader of them all. Should have been the thumbnail.
The Rich get Richer and poor get poorer!
This will never change.
No.
stossel is the only smart person on fox.
Mister Mood Tucker Carlson?
@@MikhaelAhava Tucker is polite and funny, but he gets a lot very wrong. He often uses Bernie's lines of reasoning to support regulating technology and trade to "save jobs".
@Owlblocks David I don’t agree with him on economics with high regulations but in terms with social issues, freedom of speech, gun rights, gender absurdity, he seems fine in those aspects.
@@MikhaelAhava that's fair, and he's definitely very reasonable and intelligent (or, at least,reasonable. He doesn't come across as particularly above average IQ, but you shouldn't need to be to be sensible and knowledgeable, which Tucker definitely is). So many intelligent people, however, are not reasonable, so that's not the end all be all.
John Stossel is one of the only honest and fair reporters
Videos like these NEED TO GO VIRAL.
Any of these programs could be made better with some common sense. The flood insurance program could be made useful by stating that once a claim for over 50% of the assessed value, the property would not be eligible for National Flood Insurance or FEMA claims for 100 years. This would identify the property at risk to flooding very quickly and encourage people to buy or rebuild on less risky property. The program should be opened to all people (not just those in flood zones) and FEMA should be forbidden to reimburse for natural flooding.
Michael: ALL flood insurance is based upon the flooding in the past 100 years. The rates are already based upon that. I know this because I had to have it when living along the Delaware River in N.J.
What amazes me is people on their own cannot identify property that is subject to flooding.
Pirate Labs He's saying you shouldn't be able to file the same claim over and over. Once the property is destroyed, you get your money, but never again. So you have incentive not to make the same bad choice twice.
Or maybe get rid of government funding? That way if there is an insurance scam, the rest of us don't foot the bill. Make the insurance private, that way the companies involved will have some sort of self-interest at ensuring that the system is legit, instead of our politicians having self-interest.
Common sense and government don't normally go together. Get rid of the government subsidies and if people still want to build homes in high risk areas, that's their business and their cost if something happens. Don't keep sticking the taxpayers.
I’d freeload off of the government if I could do that too! Who wouldn’t want free money?
So you have no problems with welfare recipients?
I feel like this is the scene in the movie liar liar where we walk in and ask “what are you doing?” And he replies “I’m kicking my own ass, do you mind?!”.
And theres nacy pelosi proud of her work
I do appreciate his honesty.
There is only one cure for all of this: abolish the federal gov't
How long has it been since the US govt was by, for and of The People?
Mid 19th century.
hahah, I love you Mr. you are so funny. Chinese audience from China here.
I was suspecting you hailed from Left Wing Island.
A chinese from china you say... I Dont buy it
libertarian in China
This is why i love libertarians. They're only people arguing that they should have less power.
It's been that way through human history. Thanks for bringing it up.
Gee, thanks for rubbing that in my face.