no one really pays for anything with taxes in the US. As of now, the federal government pays 24% of federal income tax to the interest on the national debt alone. The national debt increases by trillions every year at this point and is currently about 36 trillion. This also doesn’t include the estimated $150 trillion in unfunded liabilities. Debt greatly outpaces tax inflow. But remember, Congress changed the constitution to legalize income tax shortly after it was deemed to be unconstitutional by the supreme court in order to fund government spending that greatly outpaces tax inflows for a national debt that we’re told supposedly doesn’t matter. Everything is funded with unsustainable debt, not taxes. Taxes are quite literally just a pointless form of oppression without a balanced budget which will never happen. In fact, that was the whole point of why Congress surrendered their constitutional authority to coin currency to their banking donors and abolished the gold standard to enable the politicians’ infinite virtue signaling I.O.U.s and the banks’ 0% fractional reserve ponzis… What’s not to like “fair” is Congressional insider trading, a lack of Congressional term limits, Congressmen and Congresswomen living in districts they do not even represent, etc… but guess who would need to vote to change this? Congress themselves.
Yep, she bought Visa on inside info and I am sure she had some options thrown in there too for good measure! No one batted an eye either so she got away with it.
I'm a retired IRS agent who worked at one time on the High Wealth Taxpayer initiative (auditing very wealthy individuals) and later in my career auditing large businesses. Let me clarify: There are no "loopholes" in the Tax Code. There is just the Code. Wealthy taxpayers are NOT major cheaters in the tax system. They take advantage of provisions in the Code which have been written by Congress in order to encourage business entrepreneurship, investment and the like. It is a fiction perpetrated by Democrats that the wealthy don't pay a lot of taxes and that they evade taxes. Generally, not true. The top 10% pay 76% of all taxes. Trump actually took away one of the biggest "loopholes", if you want to call it that, which the wealthy used: Trump limited deductions for state income plus real estate taxes to $10,000. Some wealthy were deducting millions of dollars.
What we need to do is get rid of income taxes and raise taxes on what we buy. That way EVERYONE pays their fair share, including al the ILLEGALS we are giving FREE money to.
She uses the same loopholes. Elizabeth Warren has a net worth of at least $7.5 million. She and her husband suffered losses tied to the financial crisis of 2007-2008, and they have been carrying over those losses since then. They reported a carryover in long-term capital losses for 2022 amounting to $57,918 - tied to losses from mutual funds dating back to 2008 and 2009. In their 2009 tax form, they reported a loss totaling $305,487 - and they have been deducting the maximum $3,000 using tax-loss harvesting each year. loopholes, loopholes, loopholes. What a hypocrite.
Dear Elizabeth, These are the people that back your party. So, you're putting on a show for the middle class working people. Speaking for myself, you are literally just putting on a show. We The People
Instead of all this energy trying to figure out how to squeeze evermore taxes from Americans, how about cutting a few trillions of pork and wast from government. It's not a tax shortfall, it's wildly out of control government spending.
And these politicians have better healthcare and other benefits than the one's they pass for us. They've been living off the government (us) for decades. I am tired of it. Being a politician should don't be a career and to should be considered a public honor, not a full time job with perks. I am educated, one person with no children, work, middle class and I cannot afford this country anymore. The taxes, all the special interest projects and cost of living.
What isn't fair is government being unable to run under the funding of an entire country under a tax rate of 30-40% + sales tax + property tax. 60c taxed for every 1 dollar. You know, this country started a war over 4% tax rate before. This is absurd.
2.30 ".... Elon Musk, for example...." The D's are going after him next ! RFK Jr, now being investigated in relation to a matter, which took place 20 years ago !
This woman is clueless. She doesn't have a single idea of how this works. She and all her friends use the same "LOOPHOLES"as all the billionaires use..
The Congress, through the years, have passed hundreds of laws granting corporation tax credits for a variety of "GOOD" reasons. For example, if Walmart building a warehouse operation in a HUD zone they bring jobs to an area that needs jobs. They get a tax credit.
For more than seventy years, Democratic-led states consistently pay more in federal taxes than they receive in federal spending. 7 of the top 10 states that rely the most on federal spending? The Republican-led states of Mississippi, West Virginia, Alabama, Louisiana, Montana, Kentucky, and Tennessee.
Warren net Worth close to 13 million as a public servant undoubtedly uses the same loopholes, what a hypocrite. Any person who files their taxes looks for every tax break and loophole they can take advantage of. Anyone, I don't care how much money they make. Now, sing me another song or cry me another river, whatever mood you happen to be in 🤷♂️
Amazing, Lizzy Warren bitching about tax loopholes she’s is responsible for approval. Without loopholes why should they risk. Nothing happens without the have’s investing
Whatever you call it "loopholes" are not things that just magically appear. Senators voted for them and that's why they are there. Insider trading- now there is something that could be prosecuted.
Channel GodChristLord: Thank you, Senator Warren! As Dr. Reich has stated Corporate America's profit in 2024 is through the roof. THE WEALTHIEST OUGHT TO PAY THEIR FAIR SHARE. Furthermore, we need Harris-Waltz in November.
Amazing, Lizzy Warren bitching about tax loopholes she’s is responsible for approval. Without loopholes why should they risk. Nothing happens without the have’s investing
![ปฏิเสธไม่ไหว (Crush on you) - LIPTA feat. No One Else [Official MV]](http://i.ytimg.com/vi/NBw1jF342vw/mqdefault.jpg)
Anyone want to bet she hires tax prep services that use these same “loopholes”…
Elizabeth Warren is 10000 times richer than a normal middle class person. What a pos!!!
no one really pays for anything with taxes in the US. As of now, the federal government pays 24% of federal income tax to the interest on the national debt alone. The national debt increases by trillions every year at this point and is currently about 36 trillion. This also doesn’t include the estimated $150 trillion in unfunded liabilities. Debt greatly outpaces tax inflow. But remember, Congress changed the constitution to legalize income tax shortly after it was deemed to be unconstitutional by the supreme court in order to fund government spending that greatly outpaces tax inflows for a national debt that we’re told supposedly doesn’t matter. Everything is funded with unsustainable debt, not taxes. Taxes are quite literally just a pointless form of oppression without a balanced budget which will never happen.
In fact, that was the whole point of why Congress surrendered their constitutional authority to coin currency to their banking donors and abolished the gold standard to enable the politicians’ infinite virtue signaling I.O.U.s and the banks’ 0% fractional reserve ponzis…
What’s not to like “fair” is Congressional insider trading, a lack of Congressional term limits, Congressmen and Congresswomen living in districts they do not even represent, etc… but guess who would need to vote to change this? Congress themselves.
Oh yea
@revshadow511
Amen bro. Yet no Term limits and Still plenty of Lobbiest and Special interest. Politicians keep getting rich and we don't lol 😅
She and her husband have a net worth of 12 M. They're part of the 1% !! So I'll bet she does.
Says the woman that's worth $12-$15 mil.
Wealthy accusing the wealthy how ironic 😂😂😂
NANCY PELOSI inside trading for like a thousand years.
Absolute theatre this crap!
Don’t tax the rich!!!!!! Leave them alone!
Yep, she bought Visa on inside info and I am sure she had some options thrown in there too for good measure! No one batted an eye either so she got away with it.
I'm a retired IRS agent who worked at one time on the High Wealth Taxpayer initiative (auditing very wealthy individuals) and later in my career auditing large businesses. Let me clarify: There are no "loopholes" in the Tax Code. There is just the Code. Wealthy taxpayers are NOT major cheaters in the tax system. They take advantage of provisions in the Code which have been written by Congress in order to encourage business entrepreneurship, investment and the like. It is a fiction perpetrated by Democrats that the wealthy don't pay a lot of taxes and that they evade taxes. Generally, not true. The top 10% pay 76% of all taxes. Trump actually took away one of the biggest "loopholes", if you want to call it that, which the wealthy used: Trump limited deductions for state income plus real estate taxes to $10,000. Some wealthy were deducting millions of dollars.
Thank You…
Thank You….
You mean Minihawha speaks with forked tongue?
Anyone wanna bet most if not all of her donors are doing exactly what she's talking about
@@Paulie705 ...as well as herself. Fraud hack.
VOTE JOHN DEATON 2024.
Wait I didn’t realize Warren was poor
Do what I say don’t do what I do, she’s privileged
I CAN’T BELIEVE THESE WEALTHY PEOPLE COMPLAIN ABOUT THE WEALTHY NOT PAYING ENOUGH TAXES!!
What we need to do is get rid of income taxes and raise taxes on what we buy. That way EVERYONE pays their fair share, including al the ILLEGALS we are giving FREE money to.
It's so good to hear someone bring up the Fair Tax again!!!
She talks with Fork tongue.😅😅😅😂😂 Indian giver...
But she "IS" the wealthy!!!
That would include Warren who is not in the middle class but is in the top 1% club by now.
She uses the same loopholes. Elizabeth Warren has a net worth of at least $7.5 million. She and her husband suffered losses tied to the financial crisis of 2007-2008, and they have been carrying over those losses since then. They reported a carryover in long-term capital losses for 2022 amounting to $57,918 - tied to losses from mutual funds dating back to 2008 and 2009. In their 2009 tax form, they reported a loss totaling $305,487 - and they have been deducting the maximum $3,000 using tax-loss harvesting each year. loopholes, loopholes, loopholes. What a hypocrite.
Ummmm, hey Pocahontas! Give your millions away. It’s just not fair! 😮
Its not fair 😂 neither is hiring by race and gender just for the look of diversity.
She helped pass those loop holes. 😂
We Americans are struggling because you guys keep sending our taxes over seas and budgeting dumb things 😅
That money will never see better care for children !!!!!!!!
You know what’s not fair… INSIDER TRADING!
Dear Elizabeth,
These are the people that back your party. So, you're putting on a show for the middle class working people. Speaking for myself, you are literally just putting on a show.
We The People
Using the tax code is not using “loop holes”. Consumption tax is the way to go. Past time to ditch the income tax.
Minihawha speaks with forked tongue, you mean you ?
Instead of all this energy trying to figure out how to squeeze evermore taxes from Americans, how about cutting a few trillions of pork and wast from government. It's not a tax shortfall, it's wildly out of control government spending.
😂 Thats why she claims to be Native American. Not to mention she's a millionaire herself and using the system so she doesn't pay taxes.
And these politicians have better healthcare and other benefits than the one's they pass for us. They've been living off the government (us) for decades. I am tired of it. Being a politician should don't be a career and to should be considered a public honor, not a full time job with perks. I am educated, one person with no children, work, middle class and I cannot afford this country anymore. The taxes, all the special interest projects and cost of living.
So, because you didn’t find away to make it big then you should find a way to take it from those that did.
Pot, meet kettle
I wonder how much extra taxes she pays, you know, just to help the poor.
What isn't fair is government being unable to run under the funding of an entire country under a tax rate of 30-40% + sales tax + property tax. 60c taxed for every 1 dollar.
You know, this country started a war over 4% tax rate before. This is absurd.
They would cause a cut in jobs for ordinary people.
she uses the same one, tax not just income yall tax everything we do
If you cant afford a child dont have one period . Its no ones bussiness
You're not entitled to anyone's money, Pocahontas.
THIS woman right HERE. full of irony. hides behind her status. will still to this day don't know who leaked on the SC
2.30
".... Elon Musk, for example...."
The D's are going after him next !
RFK Jr, now being investigated in relation
to a matter, which took place 20 years ago !
18 December 2023. The Street, reported
"Elizabeth Warren is worth at least, $7.5 million...."
Old Joeyboy, is busy "working" whilst
enjoying himself on the beach,
or relaxing somewhere, for 40% of his time as POTUS !
This woman is clueless. She doesn't have a single idea of how this works. She and all her friends use the same "LOOPHOLES"as all the billionaires use..
This tax will bring every public company private and destroy the stock market !!! How about we ask our politicians to spend tax money responsible !!!!
Anita Hensley (sp?)said it best, "Only little people pay taxes"
She should know how long has she been doing the same thing
The Clinton and Obamas would never let that happen.
Who writes the tax code?
The House and the Senate write the tax code. Warren is a member of the senate.
Blah Blah Blah
For Christ Sake’s, VOTE HER OUT!…
We’ve been investigating the most per child anywhere in the world and we graduate the dumbest in the world
Flat Tax
Oh, like she doesn't???
The Congress, through the years, have passed hundreds of laws granting corporation tax credits for a variety of "GOOD" reasons. For example, if Walmart building a warehouse operation in a HUD zone they bring jobs to an area that needs jobs. They get a tax credit.
For more than seventy years, Democratic-led states consistently pay more in federal taxes than they receive in federal spending. 7 of the top 10 states that rely the most on federal spending? The Republican-led states of Mississippi, West Virginia, Alabama, Louisiana, Montana, Kentucky, and Tennessee.
Mom always said "Life's no😢
Nothing wrong with being wealthy, they just shouldn't have access to or influence nor be part of the government.
Liz just wants these loop holes for her coworkers in the senate and congress liz is a FOOL 😂
Yet Elizabeth Warrins networth approaching 100 Million on a 285,000 salary.
So Barney Sanders is unfairly not paying his share of tax??
Self incrimination, I guess. Right Elizabeth?
Really, what loopholes is she using?
You mean like the loopholes she uses???
Warren net Worth close to 13 million as a public servant undoubtedly uses the same loopholes, what a hypocrite. Any person who files their taxes looks for every tax break and loophole they can take advantage of. Anyone, I don't care how much money they make. Now, sing me another song or cry me another river, whatever mood you happen to be in 🤷♂️
Amazing, Lizzy Warren bitching about tax loopholes she’s is responsible for approval.
Without loopholes why should they risk. Nothing happens without the have’s investing
Liz is living a lie!!!
Its funny shes complaining about the same loopholds she uses, how bout spending the billions on people that shouldn't be here on roafs and bridges
Whatever you call it "loopholes" are not things that just magically appear. Senators voted for them and that's why they are there. Insider trading- now there is something that could be prosecuted.
Im sure uber rich Warren uses the loopholes she is complaining about here
Is it fair to lie about being an Indian?
she should make these comments from her Private Jet!
What is Warren’s tax liabilities?
Says the million air
Channel GodChristLord: Thank you, Senator Warren! As Dr. Reich has stated Corporate America's profit in 2024 is through the roof. THE WEALTHIEST OUGHT TO PAY THEIR FAIR SHARE. Furthermore, we need Harris-Waltz in November.
Oh do be quiet Pocahontas
And she is worth 8m lol
Change the law Bit..
Pocohontas
why should I pay for your Child Care?
Childcare is expensive and necessary however it is the responsibility of those with a child and not the collective society.
It's not fair! We wants the money Lebowski!!!!
Amazing, Lizzy Warren bitching about tax loopholes she’s is responsible for approval.
Without loopholes why should they risk. Nothing happens without the have’s investing