"The Forest was shrinking, yet the Trees kept voting for the Ax, for the Ax was clever, and convinced the Trees that because his handle was made of wood, he was one of them."
@@channahnoyb4803 Don't feel sorry for the billionaires: - The top 1% of Americans own more than 1/3rd of America's wealth. - The top 5% of Americans own more than 2/3rds of America's wealth. - The lower 95% spread the remaining scraps between 95% of the people. - The top 3 billionaires have more wealth than the bottom 50%. Buying groceries and such from corporations, rather than from smaller stores, funds the billionaires' scheme to bring in new world order dictatorship. Note: The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down so they can constantly skim away trillion$. Or do you trust these old world pagan Luciferians (SATANIC!). Note: The top 1% also use their corporations to flood $$ to Democrat and RINO political campaigns. The majority loses because of too few $$ & Democrats cheating. The sell-out politicians then use our own tax $$ to destroy us. Most all billionaires want poverty and dictatorship for you. It's called new world order, and (fake) great reset. Their Luciferian Freemasons infest all groups, even most churches, even in most small towns. Freemasons started the greek-letter college fraternities and are said to use them to target patriots who expose them and billionaires. As atheism increases, failure happens, with America now 29 trillion in debt. Jesus said, "and you shall know the truth, and the truth shall make you free."
@@channahnoyb4803 The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
@@brndxt 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
We need to stop talking about who's paying how much in taxes and focus on what the tax money is actually being spent on. This is the reason why politicians talk about 'taxing the rich'...to take the focus off of how our tax dollars are NOT being used for the reasons they are collected!!!!
The Elephant in the room is that the line to join the 1% Club is ONLY a little over 500k. Once you strike out: Professional athletes, Actors, Lawyers, Doctors, successful real estate agents, authors, etc you can see that 99% of us are getting royally screwed. Taxing a person with One Dollar of income One Percent means they can not buy a buck burger. Taxing a person with 10 dollars of income 10 percent means they can still buy NINE buck burgers. Get it?
In my walk through life I’ve found it’s a combo of loud voice & low common sense that usually have the loudest opinions that they happily announce, even when unsolicited 😂
Yep, they scream the loudest and do the least amount of thinking. They believe the BS that politicians, the media, and their liberal professors tell them.
They think people with 6 figures should be taxed the most. The last 3 years I’ve made that GROSS wise. I look @ my paycheck and it can be demoralizing looking at all the federal taxes leaving my paycheck and I can’t even get a secure border. Oh and I averaged 60 hours a week if not more during those years
@@tonyg.482 No, they shouldn't. They already pay enough taxes. Stop trying to steal money from people. If you want more money, spend less and invest more. Do you seriously think the government doesn't have enough taxes? Why does everyone DEMAND MORE taxes instead of demanding that the government WASTE LESS money?
My daughter was big on this tax the rich because of brain washing at school. She just assumed to be in the top 10% you had to be making $10 million a year. My wife and I gave her a good wake up. We asked what should these top 10% pay in tax and she said 15%. We pulled up the IRS website and found all the charts and showed her the break out of how much the top, 5%, 10%, 25% and the bottom 50% personal taxes paid to the treasury. Then we ask her do you think we should have lower taxes because we both work hard and make lots of sacrifices. She was like ya you guy are just middle class. Then we broke out our tax return to show her we were in the top 5% and how much we paid. She was red pilled when she saw we pay 35% in federal taxes.
Good. But it’s also important to note that this is just “personal income tax”. The rich have high “income”. The super rich don’t get an “income”. Their wealth is from stocks.
@@itissrinivasanstill the long term capital gains rates and the reduced rated on dividends is higher than the bottom 60% because the pay little to no income tax in the first place. Do you realize the bottom 50% pay absolutely no personal income tax. Half the country pay nothing.
She's a conservative, she just doesn't know it yet. I would hire that girl in the middle. She had the confidence to come straight to the camera, she was calm and well-reasoned.
I'm 77. When I was in my early teens, if someone has asked me how much "the rich" should pay in taxes, my first response would have been to ask him to define "rich". How can people even pretend to carry on a conversation without defining key terms?
@@paulupchurch2637 Did you even watch the video? The first question is "should we raise taxes on the rich" before any threshold of rich was defined. You are exactly the person OP is talking about...
Because if they paid the same percentage than the rest, all your children would have free schooling + food, you'll have free basic health care, proper maintained roads, etc.? But hey, you prefer not and make the one who are paid less to pay more taxes... basically: Keeping the poor, poor.
@@mrbeez8631 are you *really* sure the Government "already has the $ to do that"? Then, YOU are implying that the Government DOES NOT WANT to feed the students, keep the nation healthy, keep the roads safe to minimize death toll, etc. Are YOU sure then, that such Government SHOULD be allowed to exist?
@@franzrogar oh I'm more than sure. The gov is in bed with big pharma, and corporations run the nation. All time leader in obesity, and heart disease deaths. Our food isn't food, our water is contaminated.... FDA bans any type of natural foods to help "cure" cancer.. I mean the list is too massive to post here. Yes. Such governments should NOT exist friend.
@@franzrogar So you are in favor of cutting taxes on the rich? The top 1% own 20% of the money and pay 40% of all the tax. So to pay the same percentage as the rest we need to cut down on how much we tax the rich by 50% or do you mean we need to tax the poor more so they pay the same share as the rich?
I hate to bring race into it but I find when they confront black people with these things they are usually a lot more reasonable then their white liberal counter parts.
@@jameson566 It's not surprising more people lean left in general, not just black people. It's a lot easier to be drawn in by the ideals of the left such as free healthcare etc. A much more appealing route than what the right offers, such as self responsibility. Especially with how gearned the internet is to support leftist ideas, half the time you can't really blame these people fully.
Man. I wish someone would tell these people that it's ok to say "I don't know". It's much better to admit ignorance on a subject than just pull some wild ass random factoid out of the air.
"I don't know" is a perfectly acceptable answer to any question... Just not every question. Make sure you learn too while you're getting your education.
Logical? Thinking they pay 5%? NO ONE pays as low as 5%. No one pays less than 20%, and she says the rich get taxed 5%? L O L She just took the information well. She wasn't "logical" by any means. Willing to learn, yes. Logical brain, no.
That was the most shocking takeaway for me as well. A refreshing change. Nobody clammed up, yelled "facist" and walked away backwards mumbling nonsense.
In fairness the students go there to learn. They are not being taught. Why have Civics if it doesn't teach basic tax laws and current rates? As adults they will need to know taxes more than the story of Pocahontas.
Which is funny because the taxes they are referring to when they say that is income taxes. Trump doesn't have an "income." Nobody is paying him a salary. The dude pays all these kids parent's salaries probably ten times over every single year in taxes lmfao
That's what 24/7/365 coverage of one person will get you. The teachers work in a system are not gonna teach actual economics to the rubes they want to fleece. If they did there would be a lot more craftsmen and crafts women in the skilled trades.
I know a person you owns a service mechanical business, he's the only employee, works hard everyday of the week all year long and is barely every home. He pays $140K in taxes and takes home $190K after taxes. Basically paying enough tax to take care of 2 other families. Seems like it's a little excessive tax even on one not rich person.
I say BS. As a business owner, he would not be paying himself a salary. Also as a business, he would only be taxed on revenue after all of his expenses. There is absolutely no way he would be paying over 40% in taxes.
When a small business owner doesn’t pay themselves a salary, it usually means that the entirety of the company’s income is tied to them personally. They don’t get to write off any of that income however, as that is only a deduction for the business itself. Most small business owners taxes that they pay are tied to how their accountant handles their taxes. My stepdad owned his own business before he retired and he paid a MINIMUM of 35% in taxes, on the entire company income. We also live in TN where there is no state income tax. The “loopholes” that everyone talks about are for the ultra-wealthy who can afford teams of accountants and tax lawyers.
@@alikhat1647 I concur with everything you just said. I have a small business and I do not pay myself a salary. I take draws once or twice a month. The amounts vary from draw to draw. At the end of the year (after all expenses have been accounted for) and being an S Corp. all the money flows to me personally. I pay taxes on the money the business makes, but from my personal taxes.
It’s really not their fault, under normal circumstances it makes sense to outsource certain viewpoints to the group at large. You can’t know everything and you can’t research everything, there is a limited amount of time you can allocate to politics and these type of issues. But we don’t have a free press we have leftist propaganda outlets. These people are victims of propaganda.
I got into a discussion with a democrat I know the other day and ask him how we could be a democrat when affirmative action would negatively impact his kid's chances of getting into the school or getting the scholarship of their choice. His response: I don't believe they do that any more.
@@archiemitchell8426 The left talks about Q FAR more than any right leaning person, I had never even heard of it until the news told me all republicans not only knew what it was but believed it. And yes Trump won, literally every state that has done a forensic audit has found far more questionable votes than the margin or my favorite, Georgia, send everyone home on election night without the count being done except 4 democrat activist then start pulling out box after box from under tables. And what do you know, we wake up the next morning with huge swings to Biden from the key states.
The people in this video were actually more open minded and willing to listen than most of the people that are typically interview on this channel haha. Props to them.
My brother is like this too. He's in his mid 30s and is an avowed "Democratic Socialist" as he says. Guy makes more money than a lot of people, but always complains that he never has enough. The only focus in his life is now money, money, money. Ask him about any issue and he'll begrudgingly give the common sense conservative answer. Mention Trump and he'll have a brainspasm/meltdown. Reddit has destroyed him.
This could be taken two ways. It's amazing that some (small minority) will listen OR it's amazing that people will curse at you and just walk away, thinking that their opinion is carved in stone and there's no other way.... ever.
Don't feel sorry for the billionaires: - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon. Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
The single problem with today’s students and the woke brigade, “I feel like”. We need to be asking what do you think. But I understand it’s hard for them to think at all.
Most delusional statement... "Donald Trump doesn't pay any taxes." That's what watching cnn 24hrs a day gets ya. I have zero problems with the wealthy. I work as an electrician for a major yachting co. If they didn't buy these expensive "toys" (what we call a yacht under construction)... I'd be out of a job.
Did we watch the same video? They all switched their views when presented with facts. Reflects lack of a critical impulse, but not a lack of ability to think based on facts available.
@@markrothenberg9867 Don't feel sorry for the billionaires: - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
@@quintespeed No- they are told what to think for the most part and believe it without questioning. If they do question, they know they will never graduate. Everyone knows that.
@@quintespeed The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
"Who can handle your money better?" This is why I hate being forced to pay into social security. You could invest that money and be way better off. Instead of having to beg the government for YOUR money.
Exactly, but most people are too stupid to invest anything so we all get punished on their behalf. As it stands I'm only 37 and my investment accounts are already kicking out more dividends per year than social security will pay me, and the more years I work the more that gap will widen.
@@DonnieDGaming If I was managing my own money it wouldn't be a few hundred extra per month when I retired, it would be a few thousand a month extra and I'd get to retire earlier. I make enough to cap it, so I'll be paying in about 17,700 this year. I've got 30 years to go to collect it...so 17.7k compounded at 7% for 30 years would leave me with over 2 million. Instead the difference 30 more years of capping it will make over where I'm at now is going to be like 1,000 a month lol. What would you rather have at 67, 2 million dollars or 12k per year? Unless that 2 million is going to be sitting in a 0% account and I'm going to live to 220 social security is just robbing me blind.
Unfortunately most people are too stupid to think ahead past next week. Without that SS blanket the old would wither away and end up in the streets. Sad really
"I know, that I know nothing"- Socratic Paradox No longer taught in higher education, because it involves critical thinking. "Don't think, just obey." - Most College Professors
1:20 I was like, "uh oh.. he's going to say something absurd.." And he says "half their income" lmao oh.. so less than what they're already paying? I agree with that
One person said someone working in a business I assume she means office. If she thinks all people working in offices are rich, she has a rude awakening. I work in an office and make just over 40k. I also have an MBA.
Toward the end… “never liked it” when asked about taxes. Well, do yourself a favor and tell your friends that the current Democrat agenda is not what you want. All that agenda will lead to is higher taxes for corporations and eventually once tapped out and needing more the gov will come to raise your taxes.
You won't have to wait. The corporations will just raise the prices on the goods they make to make up for the taxes and the cost will be shifted to the average person, as always.
Daaang, dude! I really appreciate you approaching this matter with them! We need folks engaging students about tax in every college big and small all over the country! 🥰🥰🥰🥰
Gotta give you guys credit. I’ve now watched about ten of your videos and I’m starting to see a pattern. You are consistently making these people think for themselves. They always start out regurgitating what their liberal profs have told them, but without fail once they think for themselves they almost always change their minds. Good job guys! Keep on opening them eyes!
Seriously... Voting age should be raised to 30. Since all these students are clueless about life!! Many would probably still be clueless after 30. But still...
Don't feel sorry for the billionaires: - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
@@Asdfgh-xr6qw Why? In the army you get told what to do by people who knows what to do... Even if drafted at young age you don't get to call the shots. So it has nothing to do with having a political misconception
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
Don't feel sorry for the billionaires: - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
@@TheVirginGary I don't feel sorry for them but, if you taxed Billionaires at 95% why would anyone strive to be a billionaire? Nothing is stopping you from coming up with a product or service the can make you a lot of money. And why should you be penalized for doing such a thing? I don't think we need to tax anyone more, we need our elected officials to treat government spending like a business. Stop spending money you don't have and maybe spend more money on your own country than you do other countries. Just my thoughts.
@@jdneilso 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
@@jdneilso 1. The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon. Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
@@TheVirginGary If we settled for a few million dollars, nothing we know would exist, nor would there in fact be any good reason to have a company that is successful and then shut it down because the owner already has too much money leaving his employees out in the street. Being a millionaire is not equivalent to being a satanist, that is ridiculous, if you became a millionaire would you join a satanic sect? probably not.
I guess they all never aspired to be in the 1%. Students usually want to tax the rich not realizing if they are successful after college they will pay too😂😂😂 the irony😭😭😭😅😅😅😂😂😂😂
One of my coworkers got a valuable lesson the paycheck after his student tax exemption was over as he had graduated. He was horrified to see how much of his check went for taxes. I thought he was going to faint when I told about property taxes as well. (He wanted to buy a house one day). That paycheck changed his voting habits.
1. You're setting the scenario as a straight percentage, which takes advantage of people's misunderstanding of how tax brackets work. Nobody is having their entire income taxed at 30% (37% is actually the top rate). The first ~10k is taxed at 10%, then 10k-40k is taxed at 12%, and this continues to increase as you cross bracket thresholds. The only income that's taxed at 37% is income over $523,600. So if you make $523,601, only that extra dollar is taxed at 37%. The chunk below that is taxed at 35%. The chunk below that, 32%, and so on. 2. Yes, the wealthy pay more than the poor, but that's because they can afford to. It's a lot harder to give up 10% of your income when you're making less than 1k/month than it is to give up "30%" of 50k/month. Or "37%". Even "50%" would leave you with $25,000 of spending money per month. That's more money per month than a lot of people make in a year. 3. The low end rich aren't the problem. It's the ultra wealthy that are fucking this country.
@@Mtripp27 when I was 18 I got a sweet job taking home 600 a month, figure that was probably 10k-ish before taxes.... I thought I was a baller, and couldn't have imagined 100k. Flash forward a couple decades, and here I am, above that, and seeing how much more they take now, feels a lot like scraping...
I was impressed by the young lady at the end. She chose to get into the discussion and when she was faced with a different opinion, she was open to hearing about it, instead of cursing and walking away. Also, the black girl with the Beatles shirt on... mega kudos. ;-)
Is it just me or did the gal that jump in towards the end show become a super hero?! She did actual math in her head AND used COMMON SENSE!! I felt such hope listening to her! ❤
@@Backs4more but she actually did math and didn't just throw out a number spewed from AOC or Sanders. Give her that much credit! And don't put her down for struggling w math, I'm 51 and I still have issues w math! I kicked butt in every other subject, including anatomy and physiology, but math was my kryptonite. Lol
@@Backs4more or she was considering how much each percentage would be in her head. Instead of just blurting out 25% she may have actually thought how much that would be
This is what we are up against. Ignorant students that are told how to think, to just go along with the majority think, and vote based on what you don't really know?
You were just told how to think and u bought it. Jeff bezos and trump don't pay a 40% tax rate. There's loopholes that this guy conveniently overlooked. The far left and you guys deserve each other, sad you're both bringing the country down. This is what us in the middle are up against. Two very stupid groups.
@@Publiksquare correct. Just like trump fans. Liberals and trumpers are the worst. Just so dumb and gullible. Watching each of them think they're smarter than the other is hilarious. But really just sad when u realize they're both ruining the country.
@@bobkeps2095 it's all about wording with politicians. This is how you got got. They say Jeff Bezos pays zero in corporate tax. Maybe some way he actually does have a way to lower it to zero. They never report things like payroll taxes, property taxes,emissions taxes, auto taxes, gas taxes and so on that everyone must pay. As an individual Bezos pays property taxes, auto taxes and countless others like every one else. They also say "Pay your far share" but don't mention that fair is over 50% of the top 1% income. Image if they wanted to take half of what you earned for the year. Would you do it because it's fair?
@@78flossy but they don't take 50% of their income. He literally pays a .98% tax rate while WE pay closer to 20-30%. And guess what Mr "he pays property taxes, sales tax..."? WE DO ON TOP OF THAT INCOME TAX RATE. because working class Americans don't have access to their loopholes. Wake up, youre a pawn fighting for the wrong team.
@@robertivey3268 not to mention the insurance they pay for in case they get sued. It's called malpractice insurance, medical people, and lawyers both have to pay for it out of their own pockets.
@@steveroe6771 That's really the biggest driver of health care costs. Every time I go to get a new inhaler prescription they want to throw me in the hospital for low oxygen levels. Uhm, Duh!, I already know I can't breath and my asthma is kicking in. That's why I'm there.
She may not have had all the information, but she knew how to process the information she received during the conversation. That's the difference between knowledge and wisdom: knowledge is knowing a fact, wisdom is applying it and seeing the truth.
Don't feel sorry for the billionaires. - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon. Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
I can't take anyone who uses the word Like as a filler so frequently and also speaks with an upward inflection making every statement sound like a question. Just screams out to me that they are a flake
It's still taught but not internalized. You remember how it goes? Memorize something for the test and then forget about it. I'm always told that I'm a Ms. know it all, but in reality, I just memorized the general stuff I learned in school to make me a functional human being in society.
Economics is probably still in high schools. The problem is the students never wanna listen or pay attention. Well, maybe when it comes to a topic like economics.
You'd have to go out of your way to learn it in college. Unless you are a business major you only have to take either micro or macro economics and most people don't remember anything shortly after they take that final exam.
The problem is the tax loopholes and effective tax rate that some people end up paying. I definitely lean right on economic issues - but the whole “borrowing against assets” so you don’t have to pay taxes is a bit scummy to me. Same goes for the capital gains loopholes that exist - AND I’m not sure how to solve that problem without suffocating growth. Mitt Romney paid less than 14% on $22 Million in 2010 - that’s crazy to me. I don’t have the answers, and the answer certainly isn’t simply “raise the nominal tax rate on high income earners”, but there are absolutely concerning things going on within our tax code.
What capital gains loopholes are you referring to? They do have to pay the taxes on capital gains when and if they realize the capital gains. For example, if a company starts small and over time invests $10 million in the business, including the assets, and then sells it for $20,000,000 they pay taxes on the difference which is $10,000,000. It is capital gains taxes, not ordinary taxes and he paid a higher than most other people in the country as an effective rate. It's the same rate you will end up paying on any investments you make once you sell what you invested in at retirement, except for 401K plans which are taxed at ordinary rates since it is a tax deferred plan unless you go with a Roth 401K, which you would pay no taxes on at all. The average household in the United States has an effective tax rate below 10%, and CNBC estimated that 57% of the people in the country paid a net zero federal income tax in 2021.
"Borrowing against assets" includes mortgages and home equity loans. Do you think people should be taxed for taking out a mortgage or home equity loan?
@@thulgrum1 Don't feel sorry for the billionaires: - The top 1% of Americans own 1/3rd of America's wealth. - The top 5% of Americans own 2/3rds of America's wealth. - The lower 95% spread the remaining scraps thin between 95% of the people. - The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat. - The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us. - The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians. It should be illegal to be a billionaire, or just tax them 95%. Christianity is our strength. We can grow our own corporations without the billionaires. Jesus said, "and you shall know the truth, and the truth shall make you free." Wake up, America.
@@thulgrum1 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared. (That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.) 2. True width of Washington Monument is 666 inches wide on each of its 4 sides. 3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic). All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
@@thulgrum1 The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon. Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
@@TheVirginGary I'm going to guess that you have a mobile phone If I spend $500,000,000 designing and creating a phone and 1,500,000 people give me a thousand dollars (eg, a billion dollars profit) you think I should lose 95%? Bill gates has an obscene amount of money (voluntarily given to him for a product millions wanted) and deserves every cent. If he didn't do exactly what he did, we wouldn't have the computers we have today Bezos/Amazon. Obscene amount of money. How many hundreds of million people now earn a living thru his idea? Money is created, it's not a zero sum game Eg, my accumulation of wealth thru supply, demand and the choice of the customer does not remove money from your wallet.
Government needs to be more transparent with how they spend our taxes. Nearly 2 trillion dollars a year, yet they can’t make anything happen with that amount?
I like these videos where the people start out stupid, learn something, change their mind and come out on top! Feel good video for sure! Lindsay in Ontario 🇨🇦
Well for the most part, rich to a socialist just means anyone better off financially than they are. Remember when Bernie Sanders used to rail against the "millionaires and billionaires," until one day, someone must have reminded him he was a millionaire, now he just rails against the billionaires lol.
Look they are a product of our education system, but you saw how fast they reconsidered their first stance when presented with facts. These young adults are not stupid and a person who wants to have a respectful productive conversation with them should do so by not being condescending. Our country is very close to being lost. These young adults are up next. Right now the only info they are getting is from some socialist commies who are actively grooming your kids. If we don’t start sitting these kids down and literally talk to them about what they learned and pretty much retesch them; we have no one else to blame but ourselves
what is flat tax? We have tax slabs now I believe that is accurate because the more contribution will be burdened by high earners. If it is a standard rate then people who start their career will be effected most
a flat tax will put a larger burden on the lower income earners. Our current system taxes the wealthy at a higher rate which allows the low earners to pay a lower rate. The TV show "The West Wing" actually had a good explanation of this.
@@shanekurczodyna4247 no it would not. The lower earners enjoy the same benefits as the top 1%, so they should help pay for them. A man making $20,000 a year would pay only say $2,000, but a man making $20,000,000 would pay $2,000,000. In turn he would invest the rest of his money which would give the lower income people a job. How many people does Elon Musk employ? Thousands of people are able to feed their families because he gives them a job. If you take all his money then everybody who works for him would be out of a job. The 1% is paying like 40% or more in taxes. I would not want to work if my taxes were that high. Do not let the Democrats fool you either. They like to yell tax the rich to get votes. What they don’t tell you is they are the rich. Nancy Pelosi is worth about $100 million .
I've had that argument with people before and their response is they make more so they should pay more. Clearly most people don't know how to do math considering they can't figure out 10% of 2 million is way more then 10% of 30 thousand
The point is : the 1% is usually the owner/boss/board of director/leader of many company/cooperate/inc , if you raise tax on them, they're gonna lower pay check or raise their services/product's price. And the lower classes are usually get the short end of the stick because they buy/use those services/products (e.c : paying more money for a cup of coffe, house, cars, school fee ...)
It's even more than that. An example...I know a family who runs a farm. It's not a massive corporate farm...they do about fifty acres...sell out of their own shop...the only other employees they have, besides the five members of the family, are a few high school aged girls to work in the ice cream stand and two Jamaican migrant workers under H2A. Overall the farm pulls in roughly 1-1.3 million a year. Sounds rich...doesn't it? Wrong...after all of the costs of operating said farm that million is down to less than 500K....after taxes it's about half that....divvy that up between the five of them and they each only make about 50K a year...the average American salary. Yet...too many fools only think about that starting number of 1 million...they don't think about the costs of running a business.
@@KingNicotine that's called an effective tax rate - those businesses can run their living expenses, cars, and much more through their business and then have a "salary" of 50k -- it's in the details "operating expenses" covers a lot of things -- you may need to take some business classes to understand it
Poor news reporting. Rich are not paying their portion divided by their write offs, deductions, etc. Some said GE made a billion in one year and paid zero in taxes. Trump, Bush and Obama didn't pay. read about Rich individuals and how they are getting away with paying their fair share in taxes in the book "take the rich off of welfare"....
They let anyone into college if they turn up with the college fees. If they carry on paying the fees they will get a degree . College degrees are just an attendance certificate now.
Saying that the top 1% pays 40% in taxes is deceiving. They make 54% of all income (as of 2010) so actually they are underpaying in the current system. That said, I don't think income should be taxed.
I found your comment intriguing so I looked it up. Around the 3 minute mark the interviewer said top 1% made 20% of income and paid 40% of taxes. The Tax foundation listed it as top 1% 22% of income and 42% of taxes. 5% to 1% was 16% of income and 20% of taxes and 10-5% was 11% of income and 11% of taxes. So the top 10% of earners were 49% of income and 73% of taxes. I had never really looked at that before so it was interesting.
Funny how a 5 minute conversation with these students can teach them so much. They went from being completely uninformed about a widely talked about subject to actually understanding the details surrounding it in a matter of a few minutes. Why are they not learning this in class? Easy answer. Notice how the second they were actually informed of the numbers they all came to the conclusion that the rich really do pay their fair share and then some. The left dominating the education in this country is such a powerful tool for them. They are able to keep these students in the dark about these leftist talking points knowing that they wont actually do the research themselves, therefore controlling the narrative completely when it comes to ignorant students.
The sad part is that they have such set opinions based on no knowledge. The internet is the biggest religion in the world right now. Its all based on anecdote and faith.
Yes but they also misled them by saying the stats for only one side of the argument. What if they included the fact that the top 1% own about half of all the wealth in America yet they still pay less than half of all taxes. Kinda paints a different picture now.
@@Bobo-jy5mg The top 1% holds 32.1% of wealth in America (not your figure of "about half" at all, actually under 1/3 even), and pays 40% of all taxes in America. Quite the opposite reality of what you are trying to portray. You're saying that they own about half the wealth when in reality it's actually less than 1/3, and then saying they pay less than half of all takes when in reality it's actually 40%... Are you seeing the problem here? You can't just round anything to be "about half" or "less than half" just to fit your narrative. You gotta stop buying into this anti-capitalist propaganda. I say that because I can tell that is where you are getting those ideas from. No rational person would look at a number like 32% and say "about half" and in the same breath say 40% is "less than half." Those terms are carefully used together to twist the reality of the matter to portray a false reality.
Federal taxes, local taxes and other taxes. The top 1% pay upto 53% of their income in taxes. They however also know ways and loopholes to save money wherever they can.
No such thing as a loophole. Loophole implies getting around laws. By definition, they are using established laws, therefor not a loophole. That’s like saying a carpool lane is a loophole. Is it? If I have 2 people, and am I using a loophole in order to use the left lane? No. I’m using the established law. Just as the rich do.
Wow! This is my alma mater! I only recognized it at 1:45 when that girl was speaking (although her schoolgirl uniform threw me off). It was the construction fence on the left and that long walkway that let it click in my head. I've walked up and down that pathway so many times. That being said, that construction fence has been up for 10 years now and counting. For people in the comments who are saying that the kids here are so dumb, I can attest that the intro-level political science "professors" have made them this way. There is/was a prof there who spewed vile anti-freedom lefty garbage back when I was a student. That guy was an old, mean, angry, and absolutely miserable individual. He came in every single lecture day and yelled and screamed at the class. The people were seemingly smarter and had more common sense back then compared to the kids in this video, but kudos to them for realizing that they've been getting liberal talking points all along about taxes! Some even said that the rich should pay less now! As that one kid said it, if he was that rich, he would not want his taxes raised, especially after hearing how much they pay.
Aren't these people already considered rich themselves? Although they're not taxpayers yet because they're students. I mean most of them look like they live comfortably in middle class despite being in college. If they have a roof over their head, have clean source of water, can afford to eat 2-3 meals a day with extra snacks, can buy variety of clothes and make up or grab a cup of coffee from starbucks everytime they go out then they're pretty much considered rich/privileged from the eyes of someone who lives in a third world country.
that is not really true, overtime is at the same tax rate as the rest of the pay,. unless that makes you go into a higher tax bracket based on your total income.
@@kellyarchani4209 I think thats what they mean. They don't want to work overtime that may increase their tax bracket because then you are actually making less hourly if you go just barely over into the next bracket
What a great video. Wish more young adults were opened minded like the ones in this video. It's truly eye opening when you stop listening to the screaming lunatics and start having civil conversations. Well done to all in this video!
The level of quick understanding and change of mind these young folks have when they see facts they didnt expect is great.....but its horifying how much they are sheltered from those facts initially.
Actually, I was impressed by the students. They didn't have the data and had opinions based on that. Once you gave them a different set of facts, they were able to evaluate and change opinions.
the rich pay slightly more in taxes, the very rich pay substantially less, and if even a small portion of the money that went to the extremely rich instead was shared equally among all workers (like if you're on $200k right now, you're actually worth over $900k to your company and they would still be massively profitable if they paid you $450k) they'd still have more money than they could spend. one of the cons is only talking about income tax, because they know full well that most tax is not income tax, and the extremely rich earn very little "income".
If taxes were raised more on the rich, then there wouldn’t be an incentive of making more than a certain amount due to tax breaks. Many CEO’s lower their income to get into a lower tax bracket.
Very true. I know more than a hundred corporate executives that either defer most of their salary, get paid outside the US borders into sheltered accounts, have their funds given as a tax dodge to various causes like Democrat candidates, College alma maters, Home country causes.. Greenpeace, WWF etc. One of them in particular has a total yearly compensation around 35M.. But her Husband is more wealthy still.. So she funds a women’s hospital in Bangladesh with most of her compensation and only “makes” 3M in actual income, tax wise.
The girl who jumped in late doesn't have the best grammar/vocabulary, but she is highly intelligent regardless! She is able to think critically and articulate her ideas. Kudos to her, but also almost everyone in this video. They were all able to admit that what they thought was wrong!
I admire the work you guys do by challenging what these kids have been told. Politicians and media do a good job of clouding facts and pushing a narrative. I would also be curious if these students believe that raising taxes on the rich will improve their lives. The government isn't suggesting that raising the taxes on the rich will lower the tax burden on the middle class. No one seems to question what the increased tax revenue will fund. I would like someone to share with these kids what idiotic things that our tax dollars fund. I wonder if these were faced with that information, if they would be more concerned with how our taxes are spent.
Props to the black male student because even though he was talking smack and joking around, I think he really got it. He was already backing off on the rich before the facts were presented.
Most of them are hypocrites but at least this college student didn't keep up the lie to support his opinion, I actually appreciate that he said they do pay their fair share but I still want em to pay more, I don't agree with him but at least he wasn't BSing
Part of the govt's desire to foster division. The rich pay what they have too, no more, like the rest of us. when you hear about a year they pay little or no taxes, there is usually a legal reason. That said, the federal and local purse is greatly increased by rich individuals that every community hope to have. They are a golden goose worth having.
"The Forest was shrinking, yet the Trees kept voting for the Ax, for the Ax was clever, and convinced the Trees that because his handle was made of wood, he was one of them."
😄👍
The ax was in fact a wolf in sheep’s clothing.
@@channahnoyb4803 Don't feel sorry for the billionaires:
- The top 1% of Americans own more than 1/3rd of America's wealth.
- The top 5% of Americans own more than 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps between 95% of the people.
- The top 3 billionaires have more wealth than the bottom 50%.
Buying groceries and such from corporations, rather than from smaller stores, funds the billionaires' scheme to bring in new world order dictatorship.
Note: The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down so they can constantly skim away trillion$. Or do you trust these old world pagan Luciferians (SATANIC!).
Note: The top 1% also use their corporations to flood $$ to Democrat and RINO political campaigns. The majority loses because of too few $$ & Democrats cheating. The sell-out politicians then use our own tax $$ to destroy us.
Most all billionaires want poverty and dictatorship for you. It's called new world order, and (fake) great reset. Their Luciferian Freemasons infest all groups, even most churches, even in most small towns. Freemasons started the greek-letter college fraternities and are said to use them to target patriots who expose them and billionaires.
As atheism increases, failure happens, with America now 29 trillion in debt.
Jesus said, "and you shall know the truth, and the truth shall make you free."
@@channahnoyb4803 The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
@@brndxt 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
We need to stop talking about who's paying how much in taxes and focus on what the tax money is actually being spent on. This is the reason why politicians talk about 'taxing the rich'...to take the focus off of how our tax dollars are NOT being used for the reasons they are collected!!!!
The Elephant in the room is that the line to join the 1% Club is ONLY a little over 500k.
Once you strike out: Professional athletes, Actors, Lawyers, Doctors, successful real estate agents, authors, etc you can see that 99% of us are getting royally screwed.
Taxing a person with One Dollar of income One Percent means they can not buy a buck burger.
Taxing a person with 10 dollars of income 10 percent means they can still buy NINE buck burgers.
Get it?
@@StudioDaVeed Burgers give you cancer anyway. Take it as a blessing that the dollar income cant afford it.
Great point
Wish I only paid 10%
YES!!! 1000 plus likes for this comment.
People who constantly say”like” should be taxed the highest.
They should be taxed per "like" and world poverty will be solved!
100% 😆
Ultra like this!
I swear that the application to get into college is down to "Print your name here"!
Or the word 'literally'
It's almost like the people with the loudest voice have no idea how anything works. Shocking....
They’re more concerned about the taxes of billionaires that became politicians than they are the taxes of politicians that became millionaires.
In my walk through life I’ve found it’s a combo of loud voice & low common sense that usually have the loudest opinions that they happily announce, even when unsolicited 😂
Well said!
Yep, they scream the loudest and do the least amount of thinking. They believe the BS that politicians, the media, and their liberal professors tell them.
It shows the weakness of the school system. The teachers are failing our children. They need to be held accountable for the shitty teaching.
Who should pay more taxes?
Student: Everyone but me.
They think people with 6 figures should be taxed the most. The last 3 years I’ve made that GROSS wise. I look @ my paycheck and it can be demoralizing looking at all the federal taxes leaving my paycheck and I can’t even get a secure border. Oh and I averaged 60 hours a week if not more during those years
Literally ! They want everything to be free for them so they wanna tax everyone else! It can’t get much more selfish than that
Raider, that’s why taxes should be in increased on the top one percent
@@tonyg.482 Why should they pay a higher percentage of their income in taxes than you do. How is that "fair"?
@@tonyg.482 No, they shouldn't. They already pay enough taxes. Stop trying to steal money from people. If you want more money, spend less and invest more. Do you seriously think the government doesn't have enough taxes? Why does everyone DEMAND MORE taxes instead of demanding that the government WASTE LESS money?
My daughter was big on this tax the rich because of brain washing at school. She just assumed to be in the top 10% you had to be making $10 million a year. My wife and I gave her a good wake up. We asked what should these top 10% pay in tax and she said 15%. We pulled up the IRS website and found all the charts and showed her the break out of how much the top, 5%, 10%, 25% and the bottom 50% personal taxes paid to the treasury. Then we ask her do you think we should have lower taxes because we both work hard and make lots of sacrifices. She was like ya you guy are just middle class. Then we broke out our tax return to show her we were in the top 5% and how much we paid. She was red pilled when she saw we pay 35% in federal taxes.
Good. But it’s also important to note that this is just “personal income tax”. The rich have high “income”. The super rich don’t get an “income”. Their wealth is from stocks.
@@itissrinivasan dividends are taxed as income. The exact % depending on several circumstances but up to 37% rate.
The Billionaires pay a lower tax rate than you do.l
@@itissrinivasanstill the long term capital gains rates and the reduced rated on dividends is higher than the bottom 60% because the pay little to no income tax in the first place. Do you realize the bottom 50% pay absolutely no personal income tax. Half the country pay nothing.
Kudos to the girl who came in late. She is the most educated of them all.
yes, she is an independent thinker unlike the other two "parrots"
And she actually did the math, to boot!
I was amazed she actually used math to think about it.
She's a conservative, she just doesn't know it yet. I would hire that girl in the middle. She had the confidence to come straight to the camera, she was calm and well-reasoned.
She thought they were giving away Big Macs !
I'm 77. When I was in my early teens, if someone has asked me how much "the rich" should pay in taxes, my first response would have been to ask him to define "rich". How can people even pretend to carry on a conversation without defining key terms?
They defined rich before talking about taxes.
@@paulupchurch2637 Did you even watch the video? The first question is "should we raise taxes on the rich" before any threshold of rich was defined. You are exactly the person OP is talking about...
@@gooble69 Do you not remember him asking what they believed rich means. Dollar wise.
@@paulupchurch2637 Yes, AFTER he had already asked the first question. Do you know what the word BEFORE and AFTER mean?
@@paulupchurch2637 L buddy
"Why raise it? Thats already a lot." She nailed it
Because if they paid the same percentage than the rest, all your children would have free schooling + food, you'll have free basic health care, proper maintained roads, etc.? But hey, you prefer not and make the one who are paid less to pay more taxes... basically: Keeping the poor, poor.
@@franzrogarabsolutely no evidence of your claims.
The government already has the $ to do that. Billions to other countries.... yea, nope
@@mrbeez8631 are you *really* sure the Government "already has the $ to do that"? Then, YOU are implying that the Government DOES NOT WANT to feed the students, keep the nation healthy, keep the roads safe to minimize death toll, etc. Are YOU sure then, that such Government SHOULD be allowed to exist?
@@franzrogar oh I'm more than sure.
The gov is in bed with big pharma, and corporations run the nation. All time leader in obesity, and heart disease deaths. Our food isn't food, our water is contaminated.... FDA bans any type of natural foods to help "cure" cancer.. I mean the list is too massive to post here. Yes. Such governments should NOT exist friend.
@@franzrogar So you are in favor of cutting taxes on the rich? The top 1% own 20% of the money and pay 40% of all the tax. So to pay the same percentage as the rest we need to cut down on how much we tax the rich by 50% or do you mean we need to tax the poor more so they pay the same share as the rich?
The statement shouldn't be, "pay your fair share", rather "what is the government doing with our tax dollars?"
The 800 pound gorilla wishes you to retract this question.
THIS
Should be both
@@RafaelValle12 How much more should you be paying? And why aren't you paying more? Do you trust the government with how they manage taxpayer funds?
Transitioning your children is one. 😂
Man I must admit, the girl that jumped in at the end there was more than reasonable. I applaud her for her dignity.
Yes. She actually was willing to listen.
I hate to bring race into it but I find when they confront black people with these things they are usually a lot more reasonable then their white liberal counter parts.
@@MrHennoGarvie Except black people, particularly black women, vote democrat more than any other group.
@@jameson566 It's not surprising more people lean left in general, not just black people. It's a lot easier to be drawn in by the ideals of the left such as free healthcare etc. A much more appealing route than what the right offers, such as self responsibility. Especially with how gearned the internet is to support leftist ideas, half the time you can't really blame these people fully.
@@MrHennoGarvie Because IMO Black Americans in general seem to be closer to true moderates and they don’t even know it/ just don’t really care.
Amazing how being even a little bit informed does to a person. I find it shocking how little people seem to understand how anything works.
why do you think liberals hate facts
What does this have to do with little people?
Man. I wish someone would tell these people that it's ok to say "I don't know". It's much better to admit ignorance on a subject than just pull some wild ass random factoid out of the air.
"I don't know" is a perfectly acceptable answer to any question... Just not every question. Make sure you learn too while you're getting your education.
That’s how they teach you to pass your classes nowadays, bs your way through…
Ignorance is much safer than arrogance.
"True knowledge exists in knowing that you know nothing"
--Socrates.
how that saying go?
"Not knowing something is not a sin.but not wanting to learn it is"
The girl that came in “late” was the most logical of anyone speaking. Kudos for thinking for yourself!!
She didn't let the others speak when she joined the conversation, though.
Logical?
Thinking they pay 5%? NO ONE pays as low as 5%. No one pays less than 20%, and she says the rich get taxed 5%? L O L
She just took the information well. She wasn't "logical" by any means.
Willing to learn, yes. Logical brain, no.
Great to see these young people willing to listen and have a discussion. Way to go! Go Coogs!
That was the most shocking takeaway for me as well. A refreshing change. Nobody clammed up, yelled "facist" and walked away backwards mumbling nonsense.
The tax ignorance in this country is astounding. It’s why politicians get away with so much misinformation when it comes to tax policy.
100% correct. And this is exactly why taxes are never taught in public schools.
Politicians and their mouthpiece media.
most people don't personally write the check to the gov. if they did their politics would change a lot.
I am sure you know then that most people are not required to pay federal income taxes.
@@johnhumphrey9953 yeah after credits and deductions is surprising how many people aren’t taxed.
Whenever you want to find a bunch of uninformed people clustered in one place, go to a college campus.
In fairness the students go there to learn. They are not being taught. Why have Civics if it doesn't teach basic tax laws and current rates? As adults they will need to know taxes more than the story of Pocahontas.
Or a Biden rally.
Let's go Brandon!
in fairness, you still do not know about federal income taxes either.
@@johnhumphrey9953 oh yeah? prove it smart guy.
@@cmonster67 show me the law that requires me to pay federal income taxes. hint, there is none.
Love how polite todays guests were and they spoke their own views while taking in the truth that may have been hidden from them.
Amazing. Trumps taxes are still stuck in their heads. 😂
That's what demagoguery gets you!😜
Which is funny because the taxes they are referring to when they say that is income taxes. Trump doesn't have an "income." Nobody is paying him a salary. The dude pays all these kids parent's salaries probably ten times over every single year in taxes lmfao
That's what 24/7/365 coverage of one person will get you. The teachers work in a system are not gonna teach actual economics to the rubes they want to fleece. If they did there would be a lot more craftsmen and crafts women in the skilled trades.
The MSM cu lt is real.
@@RC-zb8tl idiots or ignorant people don’t know this but talk like they know tax laws.
“10%. No that’s too much, 5%” She’s got my vote
These students/kids just learned more in these few moments than in their entire semester..... Bravo
I know a person you owns a service mechanical business, he's the only employee, works hard everyday of the week all year long and is barely every home. He pays $140K in taxes and takes home $190K after taxes. Basically paying enough tax to take care of 2 other families. Seems like it's a little excessive tax even on one not rich person.
Sounds like his taxes could keep a lot more than 2 other families
That’s absolutely unacceptable
I say BS. As a business owner, he would not be paying himself a salary. Also as a business, he would only be taxed on revenue after all of his expenses. There is absolutely no way he would be paying over 40% in taxes.
When a small business owner doesn’t pay themselves a salary, it usually means that the entirety of the company’s income is tied to them personally. They don’t get to write off any of that income however, as that is only a deduction for the business itself. Most small business owners taxes that they pay are tied to how their accountant handles their taxes. My stepdad owned his own business before he retired and he paid a MINIMUM of 35% in taxes, on the entire company income. We also live in TN where there is no state income tax. The “loopholes” that everyone talks about are for the ultra-wealthy who can afford teams of accountants and tax lawyers.
@@alikhat1647 I concur with everything you just said. I have a small business and I do not pay myself a salary. I take draws once or twice a month. The amounts vary from draw to draw. At the end of the year (after all expenses have been accounted for) and being an S Corp. all the money flows to me personally. I pay taxes on the money the business makes, but from my personal taxes.
"I believe whatever I've heard from TV and the internet, and that makes me a smart and good person, duhurrrrrr." -Every leftist I've ever met
🤣
It’s really not their fault, under normal circumstances it makes sense to outsource certain viewpoints to the group at large. You can’t know everything and you can’t research everything, there is a limited amount of time you can allocate to politics and these type of issues. But we don’t have a free press we have leftist propaganda outlets. These people are victims of propaganda.
I got into a discussion with a democrat I know the other day and ask him how we could be a democrat when affirmative action would negatively impact his kid's chances of getting into the school or getting the scholarship of their choice. His response: I don't believe they do that any more.
And the Right Wi Gers believe inQAnon, Trumpy won? You're all crazy in Yankee land.
@@archiemitchell8426 The left talks about Q FAR more than any right leaning person, I had never even heard of it until the news told me all republicans not only knew what it was but believed it. And yes Trump won, literally every state that has done a forensic audit has found far more questionable votes than the margin or my favorite, Georgia, send everyone home on election night without the count being done except 4 democrat activist then start pulling out box after box from under tables. And what do you know, we wake up the next morning with huge swings to Biden from the key states.
The people in this video were actually more open minded and willing to listen than most of the people that are typically interview on this channel haha. Props to them.
It’s amazing what happens when you give people facts
yeah they become conservative
@@dsad2707
Briefly
Until another subject comes up with which they disagree!
My brother is like this too. He's in his mid 30s and is an avowed "Democratic Socialist" as he says. Guy makes more money than a lot of people, but always complains that he never has enough. The only focus in his life is now money, money, money. Ask him about any issue and he'll begrudgingly give the common sense conservative answer. Mention Trump and he'll have a brainspasm/meltdown. Reddit has destroyed him.
@@naturalguy3715
Sad 😞
This could be taken two ways. It's amazing that some (small minority) will listen OR it's amazing that people will curse at you and just walk away, thinking that their opinion is carved in stone and there's no other way.... ever.
This is what a lack of basic education looks and sounds like....
Brainwashed liberals
Don't feel sorry for the billionaires:
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
You are right but also this is what having a left leaning education system and left-wing brainwashing professor's looks and sounds like.
The last girl that jumped in was brilliant and I love her. I want every person to be like her. Smart!
She was the only one that seemed like she belonged in college.
Average college student- “Tax the rich!”
Tax paying citizen-“Who are the rich?”
Student- “ I guess I haven’t thought about that.” 🤦🏼♂️
The single problem with today’s students and the woke brigade, “I feel like”. We need to be asking what do you think. But I understand it’s hard for them to think at all.
Most delusional statement...
"Donald Trump doesn't pay any taxes."
That's what watching cnn 24hrs a day gets ya.
I have zero problems with the wealthy. I work as an electrician for a major yachting co. If they didn't buy these expensive "toys" (what we call a yacht under construction)... I'd be out of a job.
Better yet, ask them "What do you know?"
they all "feel" instead of believe.they have been indoctrinated to feel
I think that’s more of a matter of how people actually speak.
Did we watch the same video? They all switched their views when presented with facts. Reflects lack of a critical impulse, but not a lack of ability to think based on facts available.
I applaud these students for their honesty with the interviewer and themselves.
How much do they want to pay in taxes?
It’s always different when it’s your own money.
Ain't that the truth!
Actually, the ending was great. They were open-minded and ended up learning something. Kudos 👍
But how long did it last?
Excellent job! And i love your kindness to everyone you interviewed. So good ❤
What an education this is, not just for the students but for all who are watching. Thank you, Campus Reform!
It's so amazing watching the light bulbs go off and the gears start turning 😂
I thought that was the point of going to college.
No, that were the gears breaking
@@markrothenberg9867 Don't feel sorry for the billionaires:
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
@@quintespeed
No- they are told what to think for the most part and believe it without questioning. If they do question, they know they will never graduate. Everyone knows that.
@@quintespeed The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
It's nice to see a discussion without insulting each other or getting emotional.
"Who can handle your money better?"
This is why I hate being forced to pay into social security. You could invest that money and be way better off. Instead of having to beg the government for YOUR money.
Exactly, but most people are too stupid to invest anything so we all get punished on their behalf. As it stands I'm only 37 and my investment accounts are already kicking out more dividends per year than social security will pay me, and the more years I work the more that gap will widen.
@@randomyoutuber308 Exactly, imagine what you could do with a few extra hundred every month from SS.
@@DonnieDGaming If I was managing my own money it wouldn't be a few hundred extra per month when I retired, it would be a few thousand a month extra and I'd get to retire earlier. I make enough to cap it, so I'll be paying in about 17,700 this year. I've got 30 years to go to collect it...so 17.7k compounded at 7% for 30 years would leave me with over 2 million. Instead the difference 30 more years of capping it will make over where I'm at now is going to be like 1,000 a month lol. What would you rather have at 67, 2 million dollars or 12k per year? Unless that 2 million is going to be sitting in a 0% account and I'm going to live to 220 social security is just robbing me blind.
Unfortunately most people are too stupid to think ahead past next week. Without that SS blanket the old would wither away and end up in the streets. Sad really
@@jsamaras55 who's fault is that.
They suffer from the sin of envy. Only one honest person by saying “I don’t know what I’m talking about.”
They suffer from stupidity not envy.
"I know, that I know nothing"- Socratic Paradox
No longer taught in higher education, because it involves critical thinking.
"Don't think, just obey." - Most College Professors
1:20 I was like, "uh oh.. he's going to say something absurd.." And he says "half their income" lmao oh.. so less than what they're already paying? I agree with that
One person said someone working in a business I assume she means office. If she thinks all people working in offices are rich, she has a rude awakening. I work in an office and make just over 40k. I also have an MBA.
Sounds like you need a new job
MBA? Makin them slick powerpoints.
MBA = Moving Bull**** Around
Toward the end… “never liked it” when asked about taxes. Well, do yourself a favor and tell your friends that the current Democrat agenda is not what you want. All that agenda will lead to is higher taxes for corporations and eventually once tapped out and needing more the gov will come to raise your taxes.
You won't have to wait. The corporations will just raise the prices on the goods they make to make up for the taxes and the cost will be shifted to the average person, as always.
They will still vote democrat because that’s what npcs are programmed to do.
Daaang, dude! I really appreciate you approaching this matter with them! We need folks engaging students about tax in every college big and small all over the country! 🥰🥰🥰🥰
Gotta give you guys credit. I’ve now watched about ten of your videos and I’m starting to see a pattern. You are consistently making these people think for themselves. They always start out regurgitating what their liberal profs have told them, but without fail once they think for themselves they almost always change their minds. Good job guys! Keep on opening them eyes!
Seriously... Voting age should be raised to 30. Since all these students are clueless about life!! Many would probably still be clueless after 30. But still...
Raise the drafting age to 30 then.
@@Asdfgh-xr6qw The body grows faster than the brain, so no, don't raise the draft age.
Don't feel sorry for the billionaires:
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
@@Asdfgh-xr6qw Why? In the army you get told what to do by people who knows what to do... Even if drafted at young age you don't get to call the shots. So it has nothing to do with having a political misconception
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
2:24 - dude's honesty is refreshing as hell
I love this channel. Please keep schooling these college students that think they know everything and have the answers to everything.
Don't feel sorry for the billionaires:
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
@@TheVirginGary I don't feel sorry for them but, if you taxed Billionaires at 95% why would anyone strive to be a billionaire? Nothing is stopping you from coming up with a product or service the can make you a lot of money. And why should you be penalized for doing such a thing? I don't think we need to tax anyone more, we need our elected officials to treat government spending like a business. Stop spending money you don't have and maybe spend more money on your own country than you do other countries. Just my thoughts.
@@jdneilso 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
@@jdneilso 1. The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
@@TheVirginGary If we settled for a few million dollars, nothing we know would exist, nor would there in fact be any good reason to have a company that is successful and then shut it down because the owner already has too much money leaving his employees out in the street. Being a millionaire is not equivalent to being a satanist, that is ridiculous, if you became a millionaire would you join a satanic sect? probably not.
I guess they all never aspired to be in the 1%. Students usually want to tax the rich not realizing if they are successful after college they will pay too😂😂😂 the irony😭😭😭😅😅😅😂😂😂😂
That was brought up on the View,and then one of them said "no,tax the 0.000000001% more"
Yeah I never get that part... Is their aspiration to only make a little money?
@@DanielWSonntag as if you make little money if you are part of the 1% 😂😂😂
@@DanielWSonntag even if they get taxed 70% they'll still make more than almost everyone else
One of my coworkers got a valuable lesson the paycheck after his student tax exemption was over as he had graduated. He was horrified to see how much of his check went for taxes. I thought he was going to faint when I told about property taxes as well. (He wanted to buy a house one day). That paycheck changed his voting habits.
1. You're setting the scenario as a straight percentage, which takes advantage of people's misunderstanding of how tax brackets work. Nobody is having their entire income taxed at 30% (37% is actually the top rate). The first ~10k is taxed at 10%, then 10k-40k is taxed at 12%, and this continues to increase as you cross bracket thresholds. The only income that's taxed at 37% is income over $523,600. So if you make $523,601, only that extra dollar is taxed at 37%. The chunk below that is taxed at 35%. The chunk below that, 32%, and so on.
2. Yes, the wealthy pay more than the poor, but that's because they can afford to. It's a lot harder to give up 10% of your income when you're making less than 1k/month than it is to give up "30%" of 50k/month. Or "37%". Even "50%" would leave you with $25,000 of spending money per month. That's more money per month than a lot of people make in a year.
3. The low end rich aren't the problem. It's the ultra wealthy that are fucking this country.
All I could hear is “like” as a filler word. Distracting
Usually preceded by the word feel.
Six digits is $100,000.
I wonder if she meant $1 million.
When you are poor, $100,000 seems like a lot. Really, really rich.
It also means $999,999.
@@Mtripp27 when I was 18 I got a sweet job taking home 600 a month, figure that was probably 10k-ish before taxes.... I thought I was a baller, and couldn't have imagined 100k. Flash forward a couple decades, and here I am, above that, and seeing how much more they take now, feels a lot like scraping...
@@MrClobbertime Yes and that's ten times the amount of $100,000. You can't put these two numbers in the same category.
She's a college student. You can't expect that she can do simple math.
I like the interviewer's style. He isn't aggressive, he isn't trying to catch someone out, he's respectful and give people space to think.
I was impressed by the young lady at the end. She chose to get into the discussion and when she was faced with a different opinion, she was open to hearing about it, instead of cursing and walking away. Also, the black girl with the Beatles shirt on... mega kudos. ;-)
Is it just me or did the gal that jump in towards the end show become a super hero?! She did actual math in her head AND used COMMON SENSE!! I felt such hope listening to her! ❤
Really? She struggled to work out 10% of 750,000.
@@Backs4more but she actually did math and didn't just throw out a number spewed from AOC or Sanders. Give her that much credit! And don't put her down for struggling w math, I'm 51 and I still have issues w math! I kicked butt in every other subject, including anatomy and physiology, but math was my kryptonite. Lol
@@Backs4more or she was considering how much each percentage would be in her head. Instead of just blurting out 25% she may have actually thought how much that would be
I didn't feel much hope. She had to do figures in her head to figure out ten percent of 750,000.
@@chrisbera7952 She was using her phone's calculator, I think.
Good for you! Good for the students!
New rule:
If you say “like” more than three time before completing sentence than you should just get smacked.
Like, innit, you wot I mean Bro
English the devolving language
Using “than” instead of ‘then’ is also deserving of a smack.
This is what we are up against. Ignorant students that are told how to think, to just go along with the majority think, and vote based on what you don't really know?
You were just told how to think and u bought it. Jeff bezos and trump don't pay a 40% tax rate. There's loopholes that this guy conveniently overlooked. The far left and you guys deserve each other, sad you're both bringing the country down. This is what us in the middle are up against. Two very stupid groups.
They are not told how to think simply what to think
@@Publiksquare correct. Just like trump fans. Liberals and trumpers are the worst. Just so dumb and gullible. Watching each of them think they're smarter than the other is hilarious. But really just sad when u realize they're both ruining the country.
@@bobkeps2095 it's all about wording with politicians. This is how you got got. They say Jeff Bezos pays zero in corporate tax. Maybe some way he actually does have a way to lower it to zero. They never report things like payroll taxes, property taxes,emissions taxes, auto taxes, gas taxes and so on that everyone must pay. As an individual Bezos pays property taxes, auto taxes and countless others like every one else. They also say "Pay your far share" but don't mention that fair is over 50% of the top 1% income. Image if they wanted to take half of what you earned for the year. Would you do it because it's fair?
@@78flossy but they don't take 50% of their income. He literally pays a .98% tax rate while WE pay closer to 20-30%. And guess what Mr "he pays property taxes, sales tax..."? WE DO ON TOP OF THAT INCOME TAX RATE. because working class Americans don't have access to their loopholes. Wake up, youre a pawn fighting for the wrong team.
"the more you talk, the more you sound like you dont like taxes"
"ive NEVER liked them (except when the rich have to pay)" is what she meant
Except she already said that they're paying too much. But hey, let's not let facts interfere with our rants.
That's right bright spark, tax the Doctors and see the kind of health care you end up receiving.
And given the current medical systems we have, doctors don't make anywhere close to what people think.
@@robertivey3268 not to mention the insurance they pay for in case they get sued. It's called malpractice insurance, medical people, and lawyers both have to pay for it out of their own pockets.
@@steveroe6771 That's really the biggest driver of health care costs. Every time I go to get a new inhaler prescription they want to throw me in the hospital for low oxygen levels. Uhm, Duh!, I already know I can't breath and my asthma is kicking in. That's why I'm there.
The saddest part about this is none of the universities where they’re asking these questions are teaching these students any of this.
It is not good to teach students these things else they will become smarter. And smarter students will make universities harder to run.
“Jump in…cuz idk what I’m talking about”….smartest thing that girl said lol
She may not have had all the information, but she knew how to process the information she received during the conversation. That's the difference between knowledge and wisdom: knowledge is knowing a fact, wisdom is applying it and seeing the truth.
The gay guy has the stereotypical valley girl gay guy way of speaking.
It's called lisping.
Like... oh my gawdd! Really??
Don't feel sorry for the billionaires.
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
The use of the word "LIKE" is outrageously over used! Don't they teach economics anymore?
I can't take anyone who uses the word Like as a filler so frequently and also speaks with an upward inflection making every statement sound like a question. Just screams out to me that they are a flake
Of course economics are still taught, it's how our society was gifted with the greatest moron in politics after Brandon and Kackle-a: Aoc
It's still taught but not internalized. You remember how it goes? Memorize something for the test and then forget about it.
I'm always told that I'm a Ms. know it all, but in reality, I just memorized the general stuff I learned in school to make me a functional human being in society.
Economics is probably still in high schools. The problem is the students never wanna listen or pay attention. Well, maybe when it comes to a topic like economics.
You'd have to go out of your way to learn it in college. Unless you are a business major you only have to take either micro or macro economics and most people don't remember anything shortly after they take that final exam.
The problem is the tax loopholes and effective tax rate that some people end up paying. I definitely lean right on economic issues - but the whole “borrowing against assets” so you don’t have to pay taxes is a bit scummy to me. Same goes for the capital gains loopholes that exist - AND I’m not sure how to solve that problem without suffocating growth. Mitt Romney paid less than 14% on $22 Million in 2010 - that’s crazy to me.
I don’t have the answers, and the answer certainly isn’t simply “raise the nominal tax rate on high income earners”, but there are absolutely concerning things going on within our tax code.
What capital gains loopholes are you referring to? They do have to pay the taxes on capital gains when and if they realize the capital gains. For example, if a company starts small and over time invests $10 million in the business, including the assets, and then sells it for $20,000,000 they pay taxes on the difference which is $10,000,000. It is capital gains taxes, not ordinary taxes and he paid a higher than most other people in the country as an effective rate. It's the same rate you will end up paying on any investments you make once you sell what you invested in at retirement, except for 401K plans which are taxed at ordinary rates since it is a tax deferred plan unless you go with a Roth 401K, which you would pay no taxes on at all. The average household in the United States has an effective tax rate below 10%, and CNBC estimated that 57% of the people in the country paid a net zero federal income tax in 2021.
"Borrowing against assets" includes mortgages and home equity loans. Do you think people should be taxed for taking out a mortgage or home equity loan?
@@andrewpatton5114 If it's over a certain $ value, sure. There are ways to create laws here that would protect 95% of folks.
Can they produce a single sentence without saying "like"?
Like, you know? Whatever
@@thulgrum1 Don't feel sorry for the billionaires:
- The top 1% of Americans own 1/3rd of America's wealth.
- The top 5% of Americans own 2/3rds of America's wealth.
- The lower 95% spread the remaining scraps thin between 95% of the people.
- The top 1% also happen to own the major media, making it easy for them to steer the stock markets up and down, making easy for them to constantly cheat.
- The top 1% also use their corporations to fund Democrat and RINO political campaigns, making it so their politicians can use our own money against us.
- The billionaires' corporations give almost zero dollars to true Republican conservative and Christian politicians.
It should be illegal to be a billionaire, or just tax them 95%.
Christianity is our strength. We can grow our own corporations without the billionaires.
Jesus said, "and you shall know the truth, and the truth shall make you free."
Wake up, America.
@@thulgrum1 1. First plan on the new world order Georgia Guidestones is for 93% of all people to be disappeared.
(That includes blacks, whites, Mexicans, Asians, Christians...and Democrats too.)
2. True width of Washington Monument is 666 inches wide on each of its 4 sides.
3. Former elite banker R-onald Ber-nard says most billionaires are Luciferians (Satanic).
All atheist nations end up in poverty and dictatorship, unless helped by Christians. Jesus said, ”and you shall know the truth, and the truth shall make you free.”
@@thulgrum1 The founding population of America was more than 90% Christians. They brought and spread freedom & success to this world. Slavery still goes on in many Muslim & African nations. All atheist nations end up in poverty and tyranny, except when helped by Christianized nations. America is failing too, with 28 trillion debt, which has continually grown as atheism has increased. Expect the hammer to drop on us soon.
Once a person has a couple million dollars, why do they need more, other than to try and be tyrants, which is exactly what is happening now.
@@TheVirginGary I'm going to guess that you have a mobile phone
If I spend $500,000,000 designing and creating a phone and 1,500,000 people give me a thousand dollars (eg, a billion dollars profit) you think I should lose 95%?
Bill gates has an obscene amount of money (voluntarily given to him for a product millions wanted) and deserves every cent. If he didn't do exactly what he did, we wouldn't have the computers we have today
Bezos/Amazon. Obscene amount of money. How many hundreds of million people now earn a living thru his idea?
Money is created, it's not a zero sum game
Eg, my accumulation of wealth thru supply, demand and the choice of the customer does not remove money from your wallet.
Government needs to be more transparent with how they spend our taxes. Nearly 2 trillion dollars a year, yet they can’t make anything happen with that amount?
I like these videos where the people start out stupid, learn something, change their mind and come out on top! Feel good video for sure!
Lindsay in Ontario 🇨🇦
The fact that this is all surprising to them just shows how ignorant they are. Hell, they can't even agree on what the definition of "rich" is.
That's why the left uses that word. It is vague, without boundaries. Everyone can define it differently. Most define it without thinking it through.
Well for the most part, rich to a socialist just means anyone better off financially than they are. Remember when Bernie Sanders used to rail against the "millionaires and billionaires," until one day, someone must have reminded him he was a millionaire, now he just rails against the billionaires lol.
They only reveal pieces of the information though…
Look they are a product of our education system, but you saw how fast they reconsidered their first stance when presented with facts. These young adults are not stupid and a person who wants to have a respectful productive conversation with them should do so by not being condescending. Our country is very close to being lost. These young adults are up next. Right now the only info they are getting is from some socialist commies who are actively grooming your kids. If we don’t start sitting these kids down and literally talk to them about what they learned and pretty much retesch them; we have no one else to blame but ourselves
Why not a flat tax? That would be fair. Everyone pays their percentage.
Stop making sense!
what is flat tax? We have tax slabs now I believe that is accurate because the more contribution will be burdened by high earners. If it is a standard rate then people who start their career will be effected most
a flat tax will put a larger burden on the lower income earners. Our current system taxes the wealthy at a higher rate which allows the low earners to pay a lower rate. The TV show "The West Wing" actually had a good explanation of this.
@@shanekurczodyna4247 no it would not. The lower earners enjoy the same benefits as the top 1%, so they should help pay for them. A man making $20,000 a year would pay only say $2,000, but a man making $20,000,000 would pay $2,000,000. In turn he would invest the rest of his money which would give the lower income people a job. How many people does Elon Musk employ? Thousands of people are able to feed their families because he gives them a job. If you take all his money then everybody who works for him would be out of a job. The 1% is paying like 40% or more in taxes. I would not want to work if my taxes were that high. Do not let the Democrats fool you either. They like to yell tax the rich to get votes. What they don’t tell you is they are the rich. Nancy Pelosi is worth about $100 million .
I've had that argument with people before and their response is they make more so they should pay more. Clearly most people don't know how to do math considering they can't figure out 10% of 2 million is way more then 10% of 30 thousand
I enjoyed this video so much
The point is : the 1% is usually the owner/boss/board of director/leader of many company/cooperate/inc , if you raise tax on them, they're gonna lower pay check or raise their services/product's price.
And the lower classes are usually get the short end of the stick because they buy/use those services/products (e.c : paying more money for a cup of coffe, house, cars, school fee ...)
It's even more than that. An example...I know a family who runs a farm. It's not a massive corporate farm...they do about fifty acres...sell out of their own shop...the only other employees they have, besides the five members of the family, are a few high school aged girls to work in the ice cream stand and two Jamaican migrant workers under H2A. Overall the farm pulls in roughly 1-1.3 million a year. Sounds rich...doesn't it? Wrong...after all of the costs of operating said farm that million is down to less than 500K....after taxes it's about half that....divvy that up between the five of them and they each only make about 50K a year...the average American salary. Yet...too many fools only think about that starting number of 1 million...they don't think about the costs of running a business.
@@KingNicotine that's called an effective tax rate - those businesses can run their living expenses, cars, and much more through their business and then have a "salary" of 50k -- it's in the details "operating expenses" covers a lot of things -- you may need to take some business classes to understand it
Poor news reporting. Rich are not paying their portion divided by their write offs, deductions, etc. Some said GE made a billion in one year and paid zero in taxes. Trump, Bush and Obama didn't pay. read about Rich individuals and how they are getting away with paying their fair share in taxes in the book "take the rich off of welfare"....
How are they in college, should be the next question.
They let anyone into college if they turn up with the college fees. If they carry on paying the fees they will get a degree . College degrees are just an attendance certificate now.
Saying that the top 1% pays 40% in taxes is deceiving. They make 54% of all income (as of 2010) so actually they are underpaying in the current system. That said, I don't think income should be taxed.
I found your comment intriguing so I looked it up. Around the 3 minute mark the interviewer said top 1% made 20% of income and paid 40% of taxes. The Tax foundation listed it as top 1% 22% of income and 42% of taxes. 5% to 1% was 16% of income and 20% of taxes and 10-5% was 11% of income and 11% of taxes. So the top 10% of earners were 49% of income and 73% of taxes. I had never really looked at that before so it was interesting.
@@rickkopfler8447 Upon further investigation, it seems I was wrong. Thanks
Funny how a 5 minute conversation with these students can teach them so much. They went from being completely uninformed about a widely talked about subject to actually understanding the details surrounding it in a matter of a few minutes.
Why are they not learning this in class? Easy answer. Notice how the second they were actually informed of the numbers they all came to the conclusion that the rich really do pay their fair share and then some.
The left dominating the education in this country is such a powerful tool for them. They are able to keep these students in the dark about these leftist talking points knowing that they wont actually do the research themselves, therefore controlling the narrative completely when it comes to ignorant students.
R C - they forgot all about it the moment they checked their social media feeds and returned to their leftist echo chambers.
The sad part is that they have such set opinions based on no knowledge. The internet is the biggest religion in the world right now. Its all based on anecdote and faith.
Teachers and parents spend lots of time with these students yet neither disseminated this important knowledge.
Yes but they also misled them by saying the stats for only one side of the argument. What if they included the fact that the top 1% own about half of all the wealth in America yet they still pay less than half of all taxes. Kinda paints a different picture now.
@@Bobo-jy5mg The top 1% holds 32.1% of wealth in America (not your figure of "about half" at all, actually under 1/3 even), and pays 40% of all taxes in America. Quite the opposite reality of what you are trying to portray.
You're saying that they own about half the wealth when in reality it's actually less than 1/3, and then saying they pay less than half of all takes when in reality it's actually 40%... Are you seeing the problem here? You can't just round anything to be "about half" or "less than half" just to fit your narrative.
You gotta stop buying into this anti-capitalist propaganda. I say that because I can tell that is where you are getting those ideas from. No rational person would look at a number like 32% and say "about half" and in the same breath say 40% is "less than half." Those terms are carefully used together to twist the reality of the matter to portray a false reality.
Federal taxes, local taxes and other taxes. The top 1% pay upto 53% of their income in taxes. They however also know ways and loopholes to save money wherever they can.
No such thing as a loophole. Loophole implies getting around laws. By definition, they are using established laws, therefor not a loophole. That’s like saying a carpool lane is a loophole. Is it? If I have 2 people, and am I using a loophole in order to use the left lane? No. I’m using the established law. Just as the rich do.
The loopholes that you're talking about are illegal
There is a difference between tax avoidance and tax evasion.
Loopholes, you mean deductibles? Those are available to all of us.
honestly id support lowering the tax rate and consolidating the tax code. plus then we can reduce or eliminate the IRS
Information is a powerful thing.
Wow! This is my alma mater! I only recognized it at 1:45 when that girl was speaking (although her schoolgirl uniform threw me off). It was the construction fence on the left and that long walkway that let it click in my head. I've walked up and down that pathway so many times. That being said, that construction fence has been up for 10 years now and counting.
For people in the comments who are saying that the kids here are so dumb, I can attest that the intro-level political science "professors" have made them this way. There is/was a prof there who spewed vile anti-freedom lefty garbage back when I was a student. That guy was an old, mean, angry, and absolutely miserable individual. He came in every single lecture day and yelled and screamed at the class.
The people were seemingly smarter and had more common sense back then compared to the kids in this video, but kudos to them for realizing that they've been getting liberal talking points all along about taxes! Some even said that the rich should pay less now! As that one kid said it, if he was that rich, he would not want his taxes raised, especially after hearing how much they pay.
Aren't these people already considered rich themselves? Although they're not taxpayers yet because they're students. I mean most of them look like they live comfortably in middle class despite being in college. If they have a roof over their head, have clean source of water, can afford to eat 2-3 meals a day with extra snacks, can buy variety of clothes and make up or grab a cup of coffee from starbucks everytime they go out then they're pretty much considered rich/privileged from the eyes of someone who lives in a third world country.
The last girl has the best answers. She sounds like a critical thinker. Love it!
If you tax rich more, than all they will do is send thier money over seas.
Unless you use a Value Added Tax (VAT), which is what the majority of other countries did when facing the same issues.
Here’s a thought . Many nurses don’t want to work overtime , because the taxes make it “not worth it” . What if that wasn’t the case ?
I work in a hospital, this is not true.. at all
Once you run the actual numbers you see that overtime is worth it.
That's BS and an untrue statement -
that is not really true, overtime is at the same tax rate as the rest of the pay,. unless that makes you go into a higher tax bracket based on your total income.
@@kellyarchani4209 I think thats what they mean. They don't want to work overtime that may increase their tax bracket because then you are actually making less hourly if you go just barely over into the next bracket
What a great video. Wish more young adults were opened minded like the ones in this video. It's truly eye opening when you stop listening to the screaming lunatics and start having civil conversations. Well done to all in this video!
The level of quick understanding and change of mind these young folks have when they see facts they didnt expect is great.....but its horifying how much they are sheltered from those facts initially.
Well done, CR. This is an easy lesson for those smart enough to look at the whole picture rather than just eat the crap that is fed to them.
Keep in mind how many jobs they create...keep in mind who carry the risk if the business tanks
You should have included that the top 10%, which may include their own parents/family pay virtually all net taxes
The top 10% also own about 70% of all the wealth…
i love the guy w the red headscarf and hoodie HAHA at least he’s honest
Great conversations here!
I love when students learn to critically think
Actually, I was impressed by the students. They didn't have the data and had opinions based on that. Once you gave them a different set of facts, they were able to evaluate and change opinions.
the rich pay slightly more in taxes, the very rich pay substantially less, and if even a small portion of the money that went to the extremely rich instead was shared equally among all workers (like if you're on $200k right now, you're actually worth over $900k to your company and they would still be massively profitable if they paid you $450k) they'd still have more money than they could spend.
one of the cons is only talking about income tax, because they know full well that most tax is not income tax, and the extremely rich earn very little "income".
I love seeing how these students evolve after they are giving basic information.
If taxes were raised more on the rich, then there wouldn’t be an incentive of making more than a certain amount due to tax breaks. Many CEO’s lower their income to get into a lower tax bracket.
Very true. I know more than a hundred corporate executives that either defer most of their salary, get paid outside the US borders into sheltered accounts, have their funds given as a tax dodge to various causes like Democrat candidates, College alma maters, Home country causes.. Greenpeace, WWF etc.
One of them in particular has a total yearly compensation around 35M.. But her Husband is more wealthy still.. So she funds a women’s hospital in Bangladesh with most of her compensation and only “makes” 3M in actual income, tax wise.
@@WalterPidgeonsForge you know these executives personally? Are you their accountant??
@@insomniacbritgaming1632 he is making it up -like many internet brags its fiction
The girl who jumped in late doesn't have the best grammar/vocabulary, but she is highly intelligent regardless! She is able to think critically and articulate her ideas. Kudos to her, but also almost everyone in this video. They were all able to admit that what they thought was wrong!
I admire the work you guys do by challenging what these kids have been told. Politicians and media do a good job of clouding facts and pushing a narrative. I would also be curious if these students believe that raising taxes on the rich will improve their lives. The government isn't suggesting that raising the taxes on the rich will lower the tax burden on the middle class. No one seems to question what the increased tax revenue will fund. I would like someone to share with these kids what idiotic things that our tax dollars fund. I wonder if these were faced with that information, if they would be more concerned with how our taxes are spent.
The middle class is not paying excessive taxes....by world standards for industrialized countries, their taxes are pretty much in the middle.
Props to the black male student because even though he was talking smack and joking around, I think he really got it. He was already backing off on the rich before the facts were presented.
Most of them are hypocrites but at least this college student didn't keep up the lie to support his opinion, I actually appreciate that he said they do pay their fair share but I still want em to pay more, I don't agree with him but at least he wasn't BSing
That lady that jumped in is one smart cookie!!! 😁💜
Youth are soooooo uninformed
The girl that stepped in late is Smart, Bold and not a hypocrite. She's got a bright future.
I applaud her, she even did the calculations
The people who arent paying their fair share are usually the ones accusing the rich of not paying enough lol
Part of the govt's desire to foster division. The rich pay what they have too, no more, like the rest of us. when you hear about a year they pay little or no taxes, there is usually a legal reason. That said, the federal and local purse is greatly increased by rich individuals that every community hope to have. They are a golden goose worth having.