Debunked: "The Rich Don’t Pay Their Fair Share"

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  • เผยแพร่เมื่อ 28 ส.ค. 2024
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    Ben Shapiro debunks the leftist lie that the rich don’t pay their fair share in taxes.
    To see more episodes of Debunked, become a Daily Wire member today at DailyWire.com/Ben and use code BEN for 25% OFF your membership.
    #BenShapiro #Debunked #BenShapiroDebunked #News #Politics #DailyWire #Taxes #FairShare #Rich #RichPeople #RealizedWealth #UnrealizedWealth #RealEstate #ValueOfLand #Land #BeverlyHills #AOC #ElizabethWarren #JoeBiden #TheRich #BernieSanders #Quintile #Distribution #IncomeTax #EstateTaxes #SocialSecurity #CapitalGainsTax #FederalIncomeTax #StateIncomeTax #MoneyTransfer

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  • @Docchucklilchuck
    @Docchucklilchuck 2 ปีที่แล้ว +8

    This is my favorite litmus test of those who are ignorant versus those were not. I love to hear people who screamed “these billionaires pay no taxes”. They obviously don’t have any idea how the tax code works.

    • @aceclop
      @aceclop 2 ปีที่แล้ว

      Let's be honest they more than likely don't

    • @Corkfish1
      @Corkfish1 2 ปีที่แล้ว

      @@aceclop top 20% pay 87% of the taxes.

  • @earlgarcia2736
    @earlgarcia2736 2 ปีที่แล้ว +9

    I was self employed for decades. I can tell you without a doubt, I paid my fair share, and then some. What also chapped my a$$ was listening to people tell me how I "had it made" with my own office. The average American has ZERO clue what they're talking about.

  • @fearlessfosdick160
    @fearlessfosdick160 2 ปีที่แล้ว +1

    I honestly don't care about "fair share". The government has no business taxing individuals in the first place.

  • @Junzar56
    @Junzar56 2 ปีที่แล้ว +1128

    The bigger problem is government spending the tax monies irresponsibly.

    • @therealcnn5346
      @therealcnn5346 2 ปีที่แล้ว +33

      Bad spending is always the problem

    • @MrGgabber
      @MrGgabber 2 ปีที่แล้ว +21

      I don't know about that. Didn't they pay an entire committee a 6 month salary to come up with a great Trump slogan (Ultra MAGA)?
      That's money well spent!

    • @qwertyuiopas4285
      @qwertyuiopas4285 2 ปีที่แล้ว +15

      Rand paul exposed this fact flawlessly....

    • @matthewasher9819
      @matthewasher9819 2 ปีที่แล้ว

      @@therealcnn5346 th-cam.com/video/Mh9I56J3f4Q/w-d-xo.html Howdy?

    • @matthewasher9819
      @matthewasher9819 2 ปีที่แล้ว

      @@qwertyuiopas4285 th-cam.com/video/Mh9I56J3f4Q/w-d-xo.html Howdy?

  • @HergaDergaDonkeyKong
    @HergaDergaDonkeyKong 2 ปีที่แล้ว +11

    Conservatives honestly believe that they can have a functioning society without taxes? Literal toddler logic 😂😂 And I expect my glass of lemonade without using a single lemon

    • @Hunterhunter-ir9nz
      @Hunterhunter-ir9nz 2 หลายเดือนก่อน

      And liberals would tax 100% if they could!

  • @IMHobby121
    @IMHobby121 ปีที่แล้ว +1

    People who say that the rich don't pay their fair share just repeat what they have heard somewhere else.

  • @jimgaines6437
    @jimgaines6437 9 หลายเดือนก่อน +3

    Did you fall for it? He makes a very good living protecting the rich

  • @abstract5249
    @abstract5249 3 หลายเดือนก่อน +3

    Debunked: "The Rich Don't Pay Their Fair Share"
    Brought to you by the rich.

    • @Helfirehydratrans
      @Helfirehydratrans 3 หลายเดือนก่อน +1

      Basically, every single message of saying the rich pay their taxes, saying yes, we pay our taxes is made by rich person
      If the rich pay their taxes, why does the deficit only go down for a few weeks?
      If the rich pay their taxes, the deficit would go down for a month or two
      If one percent of the population has 99% of the wealth and out of that 99% of the world only .2% is being paid into taxes. Yes it does look like the one percent is paying more taxes but $100,000 out of 1 billion is not a lot of money.
      And that’s essentially what they’re paying for every billion dollars they only pay $100,000 in taxes, which is like a penny to them

    • @abstract5249
      @abstract5249 3 หลายเดือนก่อน +1

      ​@@Helfirehydratrans Ben Shapiro, Steven Crowder, Prager U, Fox News. They're all funded by billionaires. They pretend like they hate the establishment, but they're paid to act that way to earn our trust. They go on and on about woke stuff because tapping into people's hatred is the only way to get people on their side. "Hey, look at me! I'm saying racist and sexist things you're thinking. Aren't I so brave and observant and smart? If you trust me on those topics, then trust me when I say the rich aren't your problem, that unions are bad, that higher taxes won't help us, that minorities are taking advantage of the welfare system, that free college is socialism." It's all very pernicious.

  • @AndTecks
    @AndTecks 2 ปีที่แล้ว +33

    I like how he didn't debunk anything and just spread more miss information.

    • @ramteja1550
      @ramteja1550 2 ปีที่แล้ว +4

      I like how people who CASUALLY talk out of their ass online behind a screen with no corresponding link to back their claim after watching an entire 10 minute explanation and STILL BARK "he's spreading misinformation lol"

    • @AndTecks
      @AndTecks 2 ปีที่แล้ว +5

      @@ramteja1550 If I got paid to do youtube drama I would do that. Same as if I would comment on a flat earth youtube video. I would just comment on how obviously stupid their garbage take is... no explanation needed. if you need one, there i something seriously wrong with you. big oof ma dood... also get ratio'd

    • @ramteja1550
      @ramteja1550 2 ปีที่แล้ว

      @@AndTecks again, big words behind a screen with no proof countering ANYYY of Ben Shapiro's points, just you BARKING here, show me why you're correct and he's wrong, show me facts, links, studies, not your fucking words, anyone can bark online thinking they're smart, using words like "ratioed" when there's LITERALLY 2 comments with 1 like EACH, you don't even know what that word means

  • @watchspotting
    @watchspotting ปีที่แล้ว +2

    Oh no, the poor corporations have to pay their workers? Tragic.

    • @WOLFM0THER
      @WOLFM0THER ปีที่แล้ว

      …but they already were? Did you watch the video?

  • @TheSeeker225
    @TheSeeker225 2 ปีที่แล้ว +1

    All these poor rich people paying all these taxes, and yet they've managed to horde enough money to became billionaires and soon they will be trillionaries. How anyone falls for this nonsense is just amazing.

  • @dsgio7254
    @dsgio7254 ปีที่แล้ว +3

    This is false- according to the latest IRS figures for 2018 at least federal income taxes we paid by HALF of taxpayers ( adjusted income 44000$) . Also the entire population pays tax on purchases … So , sorry Ben … your argument is refuted .. by the facts alone…

  • @vinyllpreviews9462
    @vinyllpreviews9462 2 ปีที่แล้ว +3

    You go out with 4 friends for Pizza.
    Bill comes back, one guy pays $80, another guy pays $20, other 2 pay $0.
    When you get out to the car, the 2 who payed $0 are bitching that the guy who payed $80 didn't pay his fair share.

  • @dsgio7254
    @dsgio7254 ปีที่แล้ว +2

    These can be easily refuted.
    1. Super rich became super rich because they have FREE public tech, FREE public subsidies, and pay very little compared to working class and middle class .. Billionaires secretaries pay taxes more ( proportionally ) than billionaires themselves.
    2, Taxation does not kill growth : the best period of the US economy has been after the war where the tax rates were really high ..
    So .. What are you talking about ?

  • @rolandserna7805
    @rolandserna7805 2 ปีที่แล้ว +3

    This is why I'm not comfortable voting for most Democrats. Why not let people keep as much of their own money as possible? Why give the GOVERNMENT more money??? I don't like the government and I can't think of a single thing they do right. If they do anything right, it's when they get out of the way and reduce tax rates.

    • @Stubbies2003
      @Stubbies2003 2 ปีที่แล้ว

      It is easy to explain why the government wants more. They want more so it can be wasted on pork barrel projects to make the people of that district feel good about their elected representative so they will be more inclined to vote for him/her on the next election cycle.

  • @98cents
    @98cents 2 ปีที่แล้ว +9

    It's all perspective, too. My family was more well off than my friends were. Both my parents were in the Air Force, both retired Msgt. I don't think anyone would really say people in the armed forces are "rich", but for one child, they had more than enough to live on, so I was afforded things my less fortunate friends didn't have, and they always told me I was rich.

    • @Stubbies2003
      @Stubbies2003 2 ปีที่แล้ว +2

      I am also a retired USAF MSgt. This is all about how good people are with money and what kind of life style they lead. I live a simple life thus I have been able to afford my house and have two cars. It isn't because enlisted retired military pay makes you rich. It never will. It is all about choices that people make.

  • @Bittzen
    @Bittzen 2 ปีที่แล้ว +7

    You also didn't mention that when people talk about the rich not paying income tax in some years, it only happens if they didn't make any income. People don't realize you can have wealth and assets but have a year of no income.

    • @aa7146
      @aa7146 2 ปีที่แล้ว +2

      Great.
      Amazon has been out for more than 5 years.
      He still pays less than I do. Dummy

    • @Bittzen
      @Bittzen ปีที่แล้ว

      @@aa7146 You can do the same thing. Meet with a financial planner.

    • @fuxkag3908
      @fuxkag3908 4 หลายเดือนก่อน

      ​​​​
      Good luck affording a good one
      Not to mention the case is
      They do make a profit it just legally cant be considered income

  • @rs72098
    @rs72098 2 ปีที่แล้ว +2

    This is where I begin to vastly disagree with Ben Shapiro, many Republicans and conservatives. When did tax cuts for the rich become a conservative value?? The Bible I read says that the rich need to pay their share of taxes just like the poor and to not oppress the poor. Minimum wage needs to be raised and corporate tax loopholes need to be closed. *Stop defending these left-wing corporations like Amazon that aren't paying their taxes Ben!!*

    • @jamesdinius7769
      @jamesdinius7769 2 ปีที่แล้ว

      Notice he's mostly focused on individual taxes here, not corporate. Also, the stats are right in front of your face. The top earners pay an outsized portion of taxes relative to their income, even after every loophole. Finally, minimum wage hikes by and large help no one. Think about it. Where are a lot of minimum wage workers employed? The grocery stores and the restaurants. The businesses with the most impact on cost of living. Minimum wage goes up, so too does cost of living. There are decades of research and statistics to back this up. All minimum wage hikes do is lower the standard of living for those who were formerly a small ways above the former minimum, and now find themselves at the minimum.

  • @coachtaewherbalife8817
    @coachtaewherbalife8817 7 หลายเดือนก่อน +1

    Pay livable wages to all full time workers. Be responsible for the environment. A rich person is someone who steals from the poor for his own wealth. These are the people who need to be stopped. The problem isn't wealth. The problem is a one sided system.

  • @drevildruid
    @drevildruid 2 ปีที่แล้ว +4

    Politicians are quick to point at who pays how much in taxes but they never mention how they mis-use the tax money received.

  • @Hoppensagen
    @Hoppensagen 2 ปีที่แล้ว +10

    This is such corporate shilling. I'm dissappointed Ben. They don't pay 40% of federal tax, they pay 40% of federal INCOME tax. Most taxes paid by ordinary people is federal payroll tax. Republicans need to read the propublica report.

    • @doinitforthestreets
      @doinitforthestreets 8 หลายเดือนก่อน +2

      In actual practice Ben is absolutely correct, having been in multiple income brackets myself. If you work for yourself you pay the payroll tax in full - that's 15% of earnings, just for SS and medicare, before federal, state, local, property, sales, etc etc. As a small business owner, for every non-deductible dollar I earn I might be on the hook for 50 cents or more in taxes. A "rich" small business owner in California, which in SF would still be less than 4x the official poverty line in SF, would pay: 15% FICA, 37% federal, 12% state. That's fully 2/3rds of every additional dollar earned in that bracket. This person is working for the government, not for themselves. As a small business owner there is a tremendous disincentive to earn more. Not only do the government benefits or subsidies quickly go away above 125% of the poverty line, but the proportion of taxed income goes from like 0% to 30, 40, 50% very quickly. If I'm looking at my business plans for next year and thinking, well, I could make more, but, I'd only get to keep half, I think meh, what's the point. This whole notion of "paying a fair share" is predicated on the assumption that everyone who makes money is a thief or brat inheritor, but there are tens of millions of small businesses in the US and very few of those ever become "rich" in any meaningful sense of the word. If I'm making $300k per year ("rich") but I'm in a locale where homes cost $1M+, I'm actually paying a larger percent of my income to live than someone making much much less in the midwest where I grew up. So if we are going to talk about "fair share" we need to normalize it to zip code, THAT would be fair. Right now what is effectively happening is a massive wealth transfer from the coasts, where people have to work hard and compete in a very expensive environment, to people in the middle of the country that have much much lower costs of living and enjoy much easier access to government benefits, because the scale on which those benefits is absolute and not determined by actual facts like what it's like to live in a particular zip code. When rent is $500/month, living in "poverty" is actually pretty cushy, when it's $5k/month, being "rich" certainly doesn't feel rich, especially when that tax bill hits.

  • @brenee1498
    @brenee1498 4 หลายเดือนก่อน +2

    That's how taxes work, Sir. You make more you should pay more.

    • @Helfirehydratrans
      @Helfirehydratrans 3 หลายเดือนก่อน

      Until you make a certain amount, and then you start paying less taxes
      And then, once you start making us even more, the government will start paying you
      Why do you think the billionaires get so wealthy so quickly?
      Because they have so many tax benefits that the government owes them money

  • @thatfeeble-mindedboy
    @thatfeeble-mindedboy ปีที่แล้ว +1

    It took nearly six minutes for him to finally get to the point: the top half of earners in the U.S. pay almost all the taxes collected by the government, and the top 1% pay about 40% of all the bill. The other side of that reality is that the bottom half of earners pay practically none of the taxes. The ones with no dog in the fight are the ones who scream the loudest about inequity in the system, as well as how the money is spent. They categorically hate and vilify the ones that keep the country funded, AND create most of the jobs. If you don’t believe this is true, it is all public information that is collected and disseminated by the IRS, and you can confirm it on their website at your leisure.

  • @joshuabela5374
    @joshuabela5374 2 ปีที่แล้ว +8

    Rich people aren't rich because:
    1. their assets can depreciate;
    2. age loosely correlates with wealth, so people will become rich as they age;
    3. people become rich and poor periodically throughout their lives.
    Brilliant points, Ben. Brilliant.

    • @xeno4162
      @xeno4162 2 ปีที่แล้ว +3

      Yeah
      Still can't believe how profoundly Ben explains them.
      Truly a great mind of our time, educating the proletariat with so overlooked yet obvious facts.

    • @dsgio7254
      @dsgio7254 ปีที่แล้ว

      @@xeno4162 they are rich because of free public tech , free credit, free subsidies.. ALL PUBLIC domain..

  • @cole9888
    @cole9888 ปีที่แล้ว +3

    And what Ben’s obviously not telling you here is all workarounds that wealthy companies/ppl use to avoid nearly ALL of the aforementioned taxes.

  • @jonvdk5016
    @jonvdk5016 2 ปีที่แล้ว +1

    Rich man tells working class people that rich people get taxed too much.

  • @jamiecaldwell4043
    @jamiecaldwell4043 2 ปีที่แล้ว +2

    I have trouble trusting a guy who bragged that he "sleeps on a bed made of money." 🤔

  • @Breitman123
    @Breitman123 2 ปีที่แล้ว +5

    Every one of the passionate speeches given in this video about the disparity of wealth, and the terrible wealthy people - were delivered by some of the wealthiest hypocrites in the country. 🤡🙄

    • @IBeforeAExceptAfterK
      @IBeforeAExceptAfterK 2 ปีที่แล้ว

      Don't make the mistake of assuming that being a hypocrite makes them wrong. The sky doesn't stop being blue just because a hypocrite says it.

  • @FLAC2023
    @FLAC2023 2 ปีที่แล้ว +6

    Lol... this guy is a fool

  • @marvinshenk
    @marvinshenk 2 ปีที่แล้ว

    The problem is that if you make $40k per year, and you are ONLY paying 10% taxes, that $4k means a lot. If you make $2 million per year, and you pay 40%, you still have $1.2 million. Even though you paid $800k in taxes, you have so much left over that you don't feel it. There must be some problems in our system in the US when we now have hundreds of Billionaires and millions of people living on the street with nothing.

  • @Vannabee13
    @Vannabee13 2 ปีที่แล้ว

    What I want to know is, if the democratic party is all about taxing the rich, why are all the rich people and corporations supporting the democratic party?

  • @thecw301
    @thecw301 2 ปีที่แล้ว +15

    Most people who complain the rich don't pay their fair share usually pay zero income tax themselves.

    • @Wolfe-zl4ld
      @Wolfe-zl4ld 2 ปีที่แล้ว +3

      How do you know that?

    • @JohnSmith-zs1bf
      @JohnSmith-zs1bf 2 ปีที่แล้ว +2

      And usually they want to be rich

    • @FrankDaBank25
      @FrankDaBank25 2 ปีที่แล้ว +2

      Because they dont have jobs...

    • @Tyler.T
      @Tyler.T 2 ปีที่แล้ว

      They get free subsidies throughout life and destroy the American working families

    • @thecw301
      @thecw301 2 ปีที่แล้ว +1

      @@Wolfe-zl4ld Because "the rich " know that they pay more than their share, actually. For example, taxes on one million dollars of earned income will fall within the highest income bracket mandated by the federal government. For the 2020 tax year, this is a 37% tax rate, which Biden intends to raise. But the nonpartisan Tax Policy Center estimates that 57% of U.S. households paid no federal income taxes for 2021.

  • @MrWideballs
    @MrWideballs 2 ปีที่แล้ว +5

    What happened to "No taxation without representation" ? And how does one implement that?

    • @bvegannow1936
      @bvegannow1936 2 ปีที่แล้ว

      If the politician truely represented the public, they would not tax them.
      If government distributed all the tax money it collects to the whole population equally, just cash no strings, and let the public choose how to spend it, and other than that gov didn't spend tax money on anything, that would bring more actual representation.
      (About $20,698 per person in usa per year).
      Put in ranked choice voting.
      Fire Politicians who lie to get elected and dont represent the public.

  • @Tripsaas01
    @Tripsaas01 9 หลายเดือนก่อน +1

    Aren't those politicians in the 1%? Do they pay their fair share?

  • @storm7617
    @storm7617 2 ปีที่แล้ว +1

    Millionaires simping for Billionaires while being cheered on by the working class is mind boggling. Why do conservatives love drinking Billionaire pickle juice?

    • @courtjester1135
      @courtjester1135 2 ปีที่แล้ว

      On a different topic, What Is A Woman?

  • @007REAPER007
    @007REAPER007 2 ปีที่แล้ว +6

    "You take a hunk of that and pay forward to the next..." ummm who paid him to build his copany?

  • @beezer1225
    @beezer1225 2 ปีที่แล้ว +10

    Ben's eyebrows hold much wisdom.

    • @MrMan-ol4ic
      @MrMan-ol4ic 2 ปีที่แล้ว

      LMFAO 😂😂😂😂

    • @MegrelMamba
      @MegrelMamba 2 ปีที่แล้ว +1

      Just like Confucius

  • @thomasjorge4734
    @thomasjorge4734 2 ปีที่แล้ว +1

    Force Quintuplets to pay their Fair Quintile!

  • @user-ih6tv4cz4k
    @user-ih6tv4cz4k หลายเดือนก่อน +2

    WHAT A LOAD OF CRAP

    • @nate32396
      @nate32396 6 วันที่ผ่านมา

      Source?

  • @mirkoboi
    @mirkoboi 2 ปีที่แล้ว +4

    He has saved us and called us to a holy life-not because of anything we have done but because of his own purpose and grace. This grace was given us in Christ Jesus before the beginning of time.

  • @vicdiaz5180
    @vicdiaz5180 2 ปีที่แล้ว +5

    Elon musk paid $11 billion in taxes last year

    • @whoisvahid
      @whoisvahid 2 ปีที่แล้ว +2

      bbbuuuut .b but that's not fairrrrrr.

    • @joeswanson733
      @joeswanson733 2 ปีที่แล้ว

      long story short in this country it's getting so that you have less incentives to get rich. if you do get rich gtfo out of this country at your peril .

    • @dijonpsalm6938
      @dijonpsalm6938 2 ปีที่แล้ว

      Was that him or Tesla though?

    • @hobbso8508
      @hobbso8508 2 ปีที่แล้ว

      @@dijonpsalm6938 Him. Tesla paid zero. He on the other hand sold $23.5 billion in shares.

    • @dijonpsalm6938
      @dijonpsalm6938 2 ปีที่แล้ว

      @@hobbso8508 doesn't it seem to be a problem that Tesla otherwise paid zero?

  • @brandongordon2521
    @brandongordon2521 2 ปีที่แล้ว +1

    According to Milton Friedman there is no such thing as taxing corporations. Instead you are taxing employees, shareholders, and consumers.

  • @barclaymatheson8240
    @barclaymatheson8240 2 ปีที่แล้ว +2

    I use to be a democrat. then I turned 30 and started my own business...

    • @Stubbies2003
      @Stubbies2003 2 ปีที่แล้ว +1

      I like a saying I heard about liberal versus conservative. It went something like if you are 18 and aren't liberal you don't have a heart. If you are 30 and aren't conservative you don't have a brain.

  • @CrowandRaven
    @CrowandRaven 2 ปีที่แล้ว +3

    Did anyone notice how he used Thomas Sowell in 2:38? Hope his wisdom continues to be passed down and for him to be interviewed by Ben Shapiro before his passing.

  • @GenXfrom75
    @GenXfrom75 2 ปีที่แล้ว +5

    I'm loving The Daily Wire 💜💙

  • @dsgio7254
    @dsgio7254 ปีที่แล้ว +2

    Every time a person or corporation makes a profit they should pay taxes . Sorry, Corporations are legally considered persons in the US, So please pay your taxes. every time you make a profit . This is only fair.

    • @WOLFM0THER
      @WOLFM0THER ปีที่แล้ว

      They literally do

    • @dsgio7254
      @dsgio7254 ปีที่แล้ว

      @@WOLFM0THER Not they don't. Big corporations avoid taxation by exporting capital and many other logistical tricks. And they pay very little compare to the billions they make,.

    • @WOLFM0THER
      @WOLFM0THER ปีที่แล้ว

      @@dsgio7254 in terms of what

  • @rahmadgerpol
    @rahmadgerpol 2 ปีที่แล้ว +1

    Tax the rich???? Oh sound like jealousy......

  • @nandodando9695
    @nandodando9695 2 ปีที่แล้ว +5

    I am always trying to popularize the phrase, "ALL GOVERNMENT SPENDING IS THEFT"

    • @R3tr0v1ru5
      @R3tr0v1ru5 2 ปีที่แล้ว

      I think voluntary funding for defence, the police and courts could work. And I don't believe in any other government activity, especially it's involvement in the economy.

    • @jamesdinius7769
      @jamesdinius7769 2 ปีที่แล้ว

      What about the military? You want China to march in?

    • @atafakheri8659
      @atafakheri8659 2 ปีที่แล้ว +1

      i would like to see private corps, building roads and dams and infrastructure

    • @cesarpalmos8235
      @cesarpalmos8235 2 ปีที่แล้ว

      This is an inaccurate statement. It is almost like saying "All Landlord spending is theft", or "All utility company spending is theft", or any other business speeding is theft because they "take it" from an individual to perform a service. I knew a few military serviceman who died in combat defending our country with their selfless acts. The government spent a great deal of money paying for their salaries, education, equipment, and other items. The phrase "ALL GOVERNMENT SPENDING IS THEFT" is absolutely insulting.

  • @BangMaster96
    @BangMaster96 2 ปีที่แล้ว +5

    No one has issues paying taxes, we all understand that to maintain Law, Order, and Security of the Nation from foreign and domestic threats, we all have to pay taxes.
    The problem is, Politicians keep promising more welfare and spew hatred towards the rich in order to pamper to the Middle Class and Poor so they can win an Election. And then, they pass ridiculous policies that make it harder for Entrepreneurs to start and run a Business, hence reducing productivity.
    And the taxes Government already collected is grossly mismanaged, so much of it is wasted on stupid programs, and bailing out Wall Street. That’s where all the Socio-Economic problems stem from.

  • @Anthony-ku2bb
    @Anthony-ku2bb 2 ปีที่แล้ว +1

    I think the government should offer extra tax breaks on businesses that pay their works more on their salaries. The higher hourly workers get on their salary the less taxes businesses need to pay.

  • @drstrangelove9851
    @drstrangelove9851 2 ปีที่แล้ว

    Take the reward away from the people that sacrificed and worked hard and invested their own money and created great successful businesses that provide jobs, and those people will magically disappear.

  • @rickcoona
    @rickcoona 2 ปีที่แล้ว +3

    *"Pay your fair share..."* why does this give me flashbacks to Ayn Rand's *ATLAS SHRUGGED*
    So called *Fair Share* Laws...
    Like 1984, Atlas Shrugged was a cautionary tale, *NOT* a damn instruction manual!

  • @annestep6741
    @annestep6741 2 ปีที่แล้ว +17

    even when it is explained in the most basic way many people will still believe that the rich don't pay their share. It is exhausting but their brains just can't get around it

    • @qwertyuiopas4285
      @qwertyuiopas4285 2 ปีที่แล้ว

      And you cant seem to find info on tax havens .... Where incorporated governments and giant corporations pay 0 (zero) in taxes, getting full reimbursement.

    • @MrWookie1981
      @MrWookie1981 2 ปีที่แล้ว +3

      This video did not show us they pay their fair share. It only showed us they pay the most. Whether it is fair, or too little, or too much was never discussed. I would argue that if a rich person paid the most but still only paid 1% of the their income while the middle class was paying 30% of their income the rich person did not pay their fair share.

  • @ssjgokuhan
    @ssjgokuhan 2 ปีที่แล้ว +1

    I'm more sick that the top 20% makes more that half of the money. Why are executive wages exploding while the lower end remains so low? Corporate and personal greed are the real issues, not how these corporations are taxed.

    • @ahoggan230
      @ahoggan230 2 ปีที่แล้ว

      I would agree with one half of your comment. That personal greed plays a huge factor......in our own government. Career politicians are the real problem, not corporate.

    • @mrnull682
      @mrnull682 2 ปีที่แล้ว

      Excutives are taxed no differently do the math & research

    • @sphenopalatineganglioneuralgia
      @sphenopalatineganglioneuralgia 2 ปีที่แล้ว

      The top 20% make more than half the money because that's exactly how many people are willing to work hard enough to earn it. I'm not saying your average joe American, whether middle or lower class, is lazy--many, many people are hard-working blue-collar folks (like my parents) and I respect that. But being willing to do manual labor does not mean you deserve wealth; it's par for the course to feed your family. It's going above and beyond to learn about money and how it works that will help you become wealthy, and for some reason people just aren't willing to do it. *shrug*

  • @davJames8
    @davJames8 2 ปีที่แล้ว

    This doesn’t really apply to the U.K., the government have given a £2billion tax cut to bankers but the working classes are now taxed the most since the 50’s

  • @MrCovi2955
    @MrCovi2955 2 ปีที่แล้ว +5

    Ami Horowitz did a great "on the street" bit asking people what percentage the rich should pay to be "their fair share." People have no idea how much the rich pay. Every single person said numbers that were vastly lower than the percent already paid by the rich. It was enlightening.

  • @n0madtv
    @n0madtv 2 ปีที่แล้ว +5

    Realistically, if taxes were lower (or actually fair) for the Wealthy/Corporations, then they'd be more likely to pay them instead of hording everything offshore to avoid taxes, or laundering everything through some bs foundation... I mean, that'll always exist, but I think it would be a net positive even if only a handful of companies brought their money back to the US.

    • @courtjester1135
      @courtjester1135 2 ปีที่แล้ว +2

      So, you mean like what happened when Trump was in office?
      I think you may have a good point.

    • @jamesdinius7769
      @jamesdinius7769 2 ปีที่แล้ว +2

      Exactly, if the taxes aren't so ridiculous those avoidance schemes aren't even worth it, I'd wager. Those schemes are usually expensive, but less than the taxes they dodge.

    • @n0madtv
      @n0madtv 2 ปีที่แล้ว

      @@jamesdinius7769 Similarly, it's cheaper for Chevrolet and Ford to manufacture cars in China then import them to the US to sell, than it is to just make them here. Trump knew wtf he was doing when it came to that stuff...
      Now with China being so f'cked up, major companies like Ford, Intel, and who knows how many others are moving to Mexico... Still not the US though. Apparently the US hates having a good GDP.

  • @FM-dm8xj
    @FM-dm8xj 2 ปีที่แล้ว +1

    "rich dont pay their fair share"
    And how do the poor pay their fair share?
    in the end the country is built on the middle class and rich generating economic growth while the poor continously make bad descisions and hitch a ride off the people who do make good descisions.

  • @balsarmy
    @balsarmy 6 หลายเดือนก่อน

    It is not about taxes only. It is about corruption and ability to block new people in your sphere.

  • @sergegutierrez3019
    @sergegutierrez3019 2 ปีที่แล้ว +9

    Politicians who became millionaires while in office saying thay other rich people need to get taxed is hilarious.

    • @spottheborgcat6523
      @spottheborgcat6523 2 ปีที่แล้ว

      I wonder how much they pay in taxes.

    • @sergegutierrez3019
      @sergegutierrez3019 2 ปีที่แล้ว +1

      @@spottheborgcat6523 Exactly

    • @hobbso8508
      @hobbso8508 2 ปีที่แล้ว

      So you're saying we should tax both. Honestly, the assumed hypocrisy is just childish.

  • @lousou5030
    @lousou5030 2 ปีที่แล้ว +5

    It's funny listening to AOC ballon brain explaining how tax works 😂

    • @Stubbies2003
      @Stubbies2003 2 ปีที่แล้ว

      She is the poster child for how utterly stupid "progressives" are.

  • @Icynova
    @Icynova 2 ปีที่แล้ว +1

    A society grows great when old men plant trees in whose shade they shall never sit.
    Something Ayn Rand never understood.

  • @Squeebius
    @Squeebius 2 ปีที่แล้ว

    Completely ignores the corporate aspect of things. The fact that Amazon paid $0 in federal tax in 2018 debunks this whole video.

  • @marilynbarker8255
    @marilynbarker8255 2 ปีที่แล้ว +10

    Thank you Ben! So sick of claims that the “rich” don’t pay their fair share. Thank God for the rich, that’s all I can say. We’d be in some mess if we were all poor… what would that gain for any of us?? Truth is the lower end of the middle class barely pay any taxes.

    • @Steven-wv3qm
      @Steven-wv3qm 2 ปีที่แล้ว

      Keep licking their boots. It still won't help you lol.

    • @bassboostwoof6123
      @bassboostwoof6123 2 ปีที่แล้ว

      It's insane reading in the same universe where executives at Nestle are exploiting child labor cocoa farms for profit. The rich are demons and Ben is playing defense for them.

    • @Junomaster2006
      @Junomaster2006 2 ปีที่แล้ว

      Thank God? Wow your delusional.

  • @blazingshadow2669
    @blazingshadow2669 2 ปีที่แล้ว +2

    this is better than him talking about how Brandon fell from a bike

  • @ayeohkae3455
    @ayeohkae3455 2 ปีที่แล้ว +1

    This video is nauseating. How is it so hard to understand that wealth includes more than income, especially for the wealthy. Warren Buffett was taxed 23M on 125M dollars from 2014-2018. He was taxed on 125 million... accounting for 0.51% of his wealth increase during that time. Progressive income taxes don't scale enough as is, but that's not the argument people are saying when we say, "the rich don't pay their fair share". Tax wealth, unrealized gains, and all the other loopholes that make the effective tax rate for billionaires to be 2 percent.

  • @FM-dm8xj
    @FM-dm8xj 2 ปีที่แล้ว +1

    Its funny how everyone thinks the irs is a big monster that wil come to get you but when we talk about the rich they suddenly dissapear.

  • @ASMRPlaylistQueen
    @ASMRPlaylistQueen 2 ปีที่แล้ว +6

    Thanks so much for this! I learned a lot and feel even better about pursuing my own financial goals now.

    • @bvegannow1936
      @bvegannow1936 2 ปีที่แล้ว +1

      There is nothing Fair about being taxed aka stollen from. Paying your fair share and paying taxes are polar opposites.

  • @slyfoxkgar
    @slyfoxkgar 2 ปีที่แล้ว +9

    Heard this many times, this explained it a lot better. Thank You.

  • @insideoutsideupsidedown2218
    @insideoutsideupsidedown2218 2 ปีที่แล้ว

    Imagine if the poor paid their fair share in taxes. Washington D.C. would change very quickly…

  • @jackcarraway4707
    @jackcarraway4707 2 ปีที่แล้ว +1

    DeSantis takes away Disney's special status.
    Liberals: HOW DARE YOU?!

    • @Stubbies2003
      @Stubbies2003 2 ปีที่แล้ว

      The status they enjoyed for a full half of a century no less.

    • @hobbso8508
      @hobbso8508 2 ปีที่แล้ว

      It's not that he removed the special status (which was given them to convince them to open the park in the first place btw), it's that he did it for political reasons.

  • @yeemem4580
    @yeemem4580 2 ปีที่แล้ว +63

    Imagine being middle class and defending billionaires and millionaires 😂😂

    • @finzz7330
      @finzz7330 2 ปีที่แล้ว +1

      🤣 oh my god... That's good one dude

    • @user-rr4xt8du6c
      @user-rr4xt8du6c ปีที่แล้ว

      @@finzz7330 bootlickers

    • @RespondsToOnlyLosers
      @RespondsToOnlyLosers ปีที่แล้ว +7

      @Yeemem. i do it everyday because me being kind works that way. although you enjoy being a narcissist🤷🏿‍♂️💯

    • @RespondsToOnlyLosers
      @RespondsToOnlyLosers ปีที่แล้ว

      @@finzz7330 nothing was good about it, enjoy having the same effed off mentality lvl he has

    • @mariecavanaugh3603
      @mariecavanaugh3603 ปีที่แล้ว +1

      Like, I don’t care , fine rich can be rich. I hate how every dollar is taxed too many times.

  • @MILFSLAYER6969
    @MILFSLAYER6969 2 ปีที่แล้ว +4

    The fed is me when I was 6 once I got my allowance. The first thing that I thought was nice, I immediately went for and blew all my money on. I would then take my brothers allowance blow it as well.

  • @johnm573
    @johnm573 2 ปีที่แล้ว +1

    It's true that the US is absolutely terrible at public spending. The US spent $12,530/person on health care last year. The UK spent $4698/person on health care last year. Having lived in the UK, I can say I prefer the UK system.
    If there were an American politician who said, "Sure. Let's fix these issues. We have to build from the ground up, eliminate pork-belly politics and provide what we promise for what we promise the cost will be." then he would gain a large proportion of the vote because he would be able to do it and still reduce taxes. He'd have to implement lawsuit changes to reduce costs and payouts as well.

  • @kevanwiegand5557
    @kevanwiegand5557 2 ปีที่แล้ว +1

    The number of people I see on Twitter who argue the fair share argument is incredible

  • @smacknasty6906
    @smacknasty6906 2 ปีที่แล้ว +7

    I'm so glad we have someone standing up for the rich. For so long the rich have had no representation in our government. It always felt like the government has been working too much for the poor and middle class and not enough for the elite. Thank you Ben!

    • @ayeohkae3455
      @ayeohkae3455 2 ปีที่แล้ว +3

      damn right. as a future billionaire, i thank ben for his bootlicking

    • @squidlytv
      @squidlytv ปีที่แล้ว

      Billionaires don't pay income taxes because they don't receive income. They get stocks. Which are riskier than a guaranteed wage or salary. So they pay less in taxes.

  • @brilliant_stories
    @brilliant_stories 6 หลายเดือนก่อน +4

    “Pass a big chunk on to the next guy”
    That’s not how taxation works. The big chunk goes to random government projects, not ‘the next guy’.

  • @holden6104
    @holden6104 2 ปีที่แล้ว

    If you're creating that many jobs, you deserve a tax incentive.

  • @alexs-zq6ni
    @alexs-zq6ni 2 ปีที่แล้ว

    The one thing that gets me about "The rich don't pay their fair share" is the people that say it are wealthy. So anybody but them or anybody making more than them?

  • @pantarkan7
    @pantarkan7 2 ปีที่แล้ว +6

    I like how mike moore is complaining that the country has wealth, but it's not in the hands of the people. Here's a hint: a lot of it is in moore's stomach. (okay, that was mean, but he's 'the rich' so it's okay)

  • @belowocean
    @belowocean 2 ปีที่แล้ว +8

    A wealth tax is also insane. People who have discipline save their money while everyone else is busy spending money on useless shit they don't need, and these people want to tax their money.

    • @hobbso8508
      @hobbso8508 2 ปีที่แล้ว +2

      So you want to reward people for buying 5 homes and driving up housing prices as a result?

  • @jessequist7450
    @jessequist7450 2 ปีที่แล้ว +2

    One day we are going to stop asking: "who needs to to pay more taxes"
    and ask: "where is all the money going?"

    • @Alfredocap
      @Alfredocap 2 ปีที่แล้ว +1

      Well we know this. It’s the military.

    • @4tbf616
      @4tbf616 2 ปีที่แล้ว

      and once we fix that, we are gonna start asking who needs to pay more, again

  • @jackjackrcadventure7919
    @jackjackrcadventure7919 2 ปีที่แล้ว

    Not left. The rich don’t pay their fair share with crime. You shouldn’t be able to pay your way out of crime or doing time

  • @soulair3038
    @soulair3038 2 ปีที่แล้ว +7

    I went to college i deserve a livable wage…. We all do. Your video makes nothing better…

    • @niky2574
      @niky2574 7 หลายเดือนก่อน

      why do you watch this video then

  • @ericlane3256
    @ericlane3256 2 ปีที่แล้ว +8

    I like Debunked, Ben has an incredible memory and is knowledgeable on the subjects he talks about. Debunked sort of organizes those thoughts and expands the details of a topic that Ben wouldn’t normally remember or bring up in his show, however, I’m not a fan that the series is paywalled on the Daily Wire. I get that they need to get their moneys worth, but this information needs to be made available to people who are researching the topics. They’re very informative.

  • @charliemagdics6980
    @charliemagdics6980 2 ปีที่แล้ว +1

    This baffles me as an Australian. Our social services and healthcare are far superior to the US's, yet I'm struggling to believe the US is so terrible/inneficient at spending on welfare etc.

    • @totenblume7517
      @totenblume7517 2 ปีที่แล้ว

      The US was never meant to have anything like that and even on the smaller state level, has no chance at universal healthcare

  • @robert3731
    @robert3731 2 ปีที่แล้ว +1

    I'm sorry but I'm gonna have to disagree. I do believe the Clampetts were from Tennessee and not Texas.

  • @katiebell1873
    @katiebell1873 2 ปีที่แล้ว +10

    I love how you build a strong foundation by defining your terms. You did that with “rich”, just like Matt Walsh is doing with “woman”. It reminds me of when the pastor goes back to the original Greek meaning of the text. Powerful stuff there, my friends!

    • @TheWhiteManSays
      @TheWhiteManSays 2 ปีที่แล้ว +3

      Its a slight of hand to distract from the tact that billionaires and the richest people pay lower percentage of tax on average than the “rich” people. The billionaire class pays a lower percentage than your average “rich person” (500k/year)

  • @fecalmatter4195
    @fecalmatter4195 2 ปีที่แล้ว +3

    I got to say I'm with Ben on this one however I know some wealthy corrupt practices like a law firm owning a charity I worked for. There is a lot of tax dodging BUT....I don't trust government with the tax money anyway so which seem to do corporate bidding anyway.

    • @jacoblee5796
      @jacoblee5796 2 ปีที่แล้ว +1

      You're damn right there's a lot of tax dodging, the problem is a lot of it technically isn't illegal.

  • @malignm1857
    @malignm1857 2 ปีที่แล้ว +1

    I don’t care which side of the political spectrum you’re on. I’m never defending the rich for not paying taxes.

    • @joeswanson733
      @joeswanson733 2 ปีที่แล้ว

      the top 1 percent of earners in America pay 40.1 percent of federal taxes; the bottom 90 percent pay 28.6 percent.
      federal income taxes is a better guage than state /local taxes because some staets don't have state taxes...

  • @OkxziRL
    @OkxziRL 2 ปีที่แล้ว +2

    Its great that the people who say the “rich” dont pay their fair share are also the people in the top 1%. Sooo are u telling us something? Like maybe u dont pay ur fair share?

    • @Junomaster2006
      @Junomaster2006 2 ปีที่แล้ว

      Ben is basically saying to the 99% of people to stop complaining to the rich people in power

    • @OkxziRL
      @OkxziRL 2 ปีที่แล้ว +1

      @@Junomaster2006 i completely understand what hes saying. My whole thing is why do they insist on making “rich people” pay more than they do like they dont use the same loop holes. Just seems a little hypocritical and if they do that to billionaires they should also do it to themselves cuz they make well above the average

  • @chrisd4169
    @chrisd4169 2 ปีที่แล้ว +3

    7:55 did Ben just make an argument for universal healthcare?

  • @killerbern666
    @killerbern666 2 ปีที่แล้ว +4

    these are good stuff for the average person 👍

  • @Arc824
    @Arc824 2 ปีที่แล้ว +2

    So this argument doesn't really revolve around "who should pay more" but rather " How are they spending our money?" Interesting...

    • @Illlium
      @Illlium 2 ปีที่แล้ว

      They're spending that money on making up the difference the rich are creating through their employment decisions. There, here's your two for one

  • @K.R.O1875
    @K.R.O1875 2 ปีที่แล้ว +1

    Something I used to say as a commie teenager who knew absolutely nothing but wanted absolutely everything

  • @PatriciaG.5050
    @PatriciaG.5050 2 ปีที่แล้ว +4

    That is so interesting and I was able to understand it from the being to the end.. I like that.. 👍

  • @amsfountain8792
    @amsfountain8792 2 ปีที่แล้ว +5

    Great explanation. Keep them coming so i can pass them to family and friends.

  • @XenusMyHomeboy
    @XenusMyHomeboy 2 ปีที่แล้ว +1

    You started by trying to defend the fact there isn't a wealth tax... You then started expounded upon personal income tax issues which has never been the problem! Doctors, Lawyers, Celebrities pay huge amounts of income tax.
    The extreme billionaires pay 1% - 3% effective tax rates.

  • @julia11746
    @julia11746 2 ปีที่แล้ว

    If government wants rich to pay their fair share, let it start with them. Then move to their friends. Then, well, the rest of us wouldn't ever have to pay.

  • @eduardobranco8349
    @eduardobranco8349 2 ปีที่แล้ว +3

    If only someone like milton freedman had talked extensively about something like a negative income tax that would just give money to the people who need it instead of the hands of politicians. If we had a great idea like that, im sure life would be better

    • @bvegannow1936
      @bvegannow1936 2 ปีที่แล้ว

      End taxes on everyone with less than $200,000 worth of property for a start.