How Kamala Harris’s $4 Trillion Tax Plan Will DESTROY The Economy

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  • เผยแพร่เมื่อ 11 พ.ย. 2024

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  • @AustinMathias
    @AustinMathias หลายเดือนก่อน +790

    Taxing unrealized capital gains is insanity. They are called unrealized gains for a reason! It's so important for everyone to go vote!

    • @garyjohnstone6422
      @garyjohnstone6422 หลายเดือนก่อน +33

      tax unearned income too

    • @allannielsen9554
      @allannielsen9554 หลายเดือนก่อน

      So you don't have the money?
      You can buy Twitter with loans by providing security with stocks in Tesla - non existing untaxed money - you don't want to sell due to taxation.
      No wonder why they are billionaires.

    • @_AndromedaGalaxy_
      @_AndromedaGalaxy_ หลายเดือนก่อน +34

      It's theft like the world has never seen before. It's absolute insanity. It's all a part of their great plan, you'll own nothing and be happy. Ya happy I don't have to pay what I don't have because I own nothing.

    • @allannielsen9554
      @allannielsen9554 หลายเดือนก่อน

      ​@@garyjohnstone6422😄 Who "lost" those gains? Nobody, because they don't exist.. It's imaginairy money on a computer screen - but it makes you able to live a powerful and wealthy life. But you can "buy" twitter even without taking a nickle out of your "tremendous" fat pockets "as never seen before" 😏

    • @jfarrell9915
      @jfarrell9915 หลายเดือนก่อน

      @@_AndromedaGalaxy_ gawd elp me from the tax shy rich bleating...........

  • @brianoconner3090
    @brianoconner3090 หลายเดือนก่อน +3284

    That what happens when a politician, who has no background in economics and finance, runs a country like a clown.

    • @mjov6655
      @mjov6655 หลายเดือนก่อน +180

      Come on now! She was raised as middle class and her neighbor was a small business owner. Tons of experience!

    • @Avtomat4774
      @Avtomat4774 หลายเดือนก่อน +16

      @@brianoconner3090 Atlas is gonna shrug SO hard if this ever gets out into action.

    • @alirezaabbasibizzareadvent3169
      @alirezaabbasibizzareadvent3169 หลายเดือนก่อน +58

      That's why people are calling her Marxist

    • @dreb222
      @dreb222 หลายเดือนก่อน

      @@alirezaabbasibizzareadvent3169people are calling her that because it’s true if you look up who her dad is, what he studied, and when you actually pay attention to what she aligns to.

    • @RichardYu1983
      @RichardYu1983 หลายเดือนก่อน +45

      @@mjov6655 Don't forget she also took care of her lawn.

  • @sacaroni741
    @sacaroni741 หลายเดือนก่อน +240

    Thank you for educating the blind public! I try to everyday but we need big numbers from ppl like you to voice the truths! God Bless and thank you!

    • @durwardmedlin810
      @durwardmedlin810 16 วันที่ผ่านมา +2

      The problem is the blind public will never watch this

    • @ponyboyx2688
      @ponyboyx2688 14 วันที่ผ่านมา

      th-cam.com/video/s8qdNonsfWg/w-d-xo.htmlsi=u3BcJ1Pg4Rqe6uMh

  • @danmichelucci
    @danmichelucci หลายเดือนก่อน +1501

    That Tax Plan is really scary, I assure you 95% of the Kamala’s voters are not aware about the risks that plan imposes if implemented, short/mid and long term. As a Legal immigrant coming from a Socialist high tax country (Brazil) I have to say, that can be the beginning of the end of this great country. Next step would be to grow the government exponentially, making everything worse. I am here for 5 years and I am watching it closely, I have to say that I am SUPER concerned and even thinking about a plan B for my family already. God bless this country.

    • @kesun32145
      @kesun32145 หลายเดือนก่อน

      They cheated the election in 2020 and installed a demented vegetable that couldn’t even last 3.5 years. I am scared what’s stopping them from cheating the 2024 election and imposing all their communist policies on innocent Americans.

    • @jackhammer2671
      @jackhammer2671 หลายเดือนก่อน +35

      Totally agree.

    • @stephenhan9680
      @stephenhan9680 หลายเดือนก่อน

      Kamala voters are too busy decorating pride flag and coming up with new pronouns. Economy’s the last thing on their minds.

    • @Soldier_Sean
      @Soldier_Sean หลายเดือนก่อน

      95% of kamala voters dont even exist

    • @blankcanvas4609
      @blankcanvas4609 หลายเดือนก่อน

      Relax America will be fine. You guys literally print the dollar while the rest of the world scrambles for it. Even if it fails. America will be fine.

  • @Tenjac
    @Tenjac หลายเดือนก่อน +787

    Yeah, I'm a tax pro with an economics degree. This is utter insanity. If you were trying to come up with a way to destroy the economy you couldn't come up with a better way.

    • @denisesorchidparadise1411
      @denisesorchidparadise1411 หลายเดือนก่อน +49

      it's all part of their plan!

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน +7

      Currently there are more 401k millionaires than ever before , Mr. tax man!!!
      I'd say that's quite a good thing , no?????

    • @jadl3278
      @jadl3278 หลายเดือนก่อน +8

      Yep just dumb people in power wanting a short high.

    • @saintbees2088
      @saintbees2088 หลายเดือนก่อน +8

      Another CPA, I, agree with you.

    • @alexfleming6304
      @alexfleming6304 หลายเดือนก่อน +18

      She no tax expert. Someone hands her the Plans and she goes along with it.

  • @Kzn4576-i3c
    @Kzn4576-i3c หลายเดือนก่อน +237

    How do you tax unrealized capital gains??? That's pure wickedness.

    • @edenterra870
      @edenterra870 หลายเดือนก่อน

      A new sophisticated way Communists have now to steal everything you have worked so hard during your life without being confiscated.

    • @rongendron8705
      @rongendron8705 หลายเดือนก่อน +12

      And how do you claim a tax credit, if the stocks lose value in the next year?

    • @michaelfranks341
      @michaelfranks341 หลายเดือนก่อน +9

      ​@@rongendron8705you wont be able too. Probably only goes one way

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน +1

      People worrying about others' problems 😂😂😂
      When you have a net worth of at least $100 m, then you can worry!

    • @Julia29853
      @Julia29853 หลายเดือนก่อน +9

      People would have to sell off stock or as he said massive layoffs and selling off chunks of companies. It was cause a huge stock market crash and a worse depression than the 1930s. Our country would be finished off.

  • @AK-th1jx
    @AK-th1jx หลายเดือนก่อน +11

    Thank you for the explanation. Makes sense! I have gained more knowledge about politics, economy and finance from your YT channel than during my 5 yrs at the university! Truly appreciate your and your team efforts to educate people on what’s really going on. Big fan of yours ❤ greetings from UAE 🇦🇪

    • @doggietreats67
      @doggietreats67 หลายเดือนก่อน

      You realize the unrealized gains on tax only apply to people with a new worth over a $100 million?

    • @dynomiteadventures3161
      @dynomiteadventures3161 8 วันที่ผ่านมา

      ​@@doggietreats67 I think you missed the point of don't understand what he's saying. All those companies making 100m or more who a lot of people work for will be closing or laying off workers. It's called cut backs and unless you have been hiding in a basement you have noticed a lot of companies filing bankruptcy and or closing branches or shutting down completely. Push that rock off of ya and see that giving the current VP a promotion is a very bad move for America. Understand that no one voted her in as a nominee. The president was forced out and her appointed. Dems been selling snake oil for years maybe you're buying, but I'm not.

  • @Patriciacraig599
    @Patriciacraig599 หลายเดือนก่อน +1105

    The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

    • @dawsondanny990
      @dawsondanny990 หลายเดือนก่อน

      Biden is worst thing that happened to us

    • @rannyorton
      @rannyorton หลายเดือนก่อน +35

      TRUMP 2024

    • @tradekings5433
      @tradekings5433 หลายเดือนก่อน +8

      Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter

    • @rannyorton
      @rannyorton หลายเดือนก่อน +3

      Fantastic! Can you share more details?

    • @tradekings5433
      @tradekings5433 หลายเดือนก่อน +4

      I was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.

  • @luizfigobr
    @luizfigobr หลายเดือนก่อน +169

    That's happening in Brasil. Taxes and more taxes to pay for the absurd government spending. And companies are going broke.

    • @EdidiongFrank
      @EdidiongFrank หลายเดือนก่อน +3

      So it's not only in Nigeria 😊

    • @Lightning613
      @Lightning613 หลายเดือนก่อน +1

      Ditto for KommieFornia.

    • @Irvfam
      @Irvfam หลายเดือนก่อน +6

      I was in Brazil and I noticed that most airports are stuck in the 70’S
      It looked like the government doesn’t make any infrastructure improvements. Brazilians are so involved in fitness and how they look and how they present themselves to others.

    • @mikasd9
      @mikasd9 หลายเดือนก่อน +2

      @@Irvfam Brazil has huge potential to be an amazing thriving economy with high standard of living but the socialist gov there absolutely ruins it

    • @gabrielpedneault6293
      @gabrielpedneault6293 หลายเดือนก่อน

      Same in Canada, I barely make 6 figs and I am taxed 47% on my income, then there's municipal tax and tax on consumption. In total I'm taxed way over 50% and I can't have access to a doctor I need to go private. Roads and infrastructures are a fucking failure it takes me on average 1h30 to get to work because it's all falling appart/ not able to sustain the constant stress from mass immigration. They just added a tax on fossil fuels which also inflated the cost of everything therefore increase revenu from other taxes. Canada is a perfect exemple a failure of a big government ran by absolute sellout morons.

  • @RoddNTune619
    @RoddNTune619 หลายเดือนก่อน +295

    That’s what happens when the ppl give all the power to the government 🤷🏾‍♂️

    • @prodbyelk9647
      @prodbyelk9647 หลายเดือนก่อน +4

      Dumb take

    • @Soldier_Sean
      @Soldier_Sean หลายเดือนก่อน

      Thats what happens when the e leet infiltrate the government

    • @FactsMatter999
      @FactsMatter999 หลายเดือนก่อน +12

      Both government and also people can have crazy ideas …People and government have to work in unison …neither can have total power to control everything. Just think of it as a husband and wife. They are supposed to compliment each other not take advantage of each other. Giving handouts to people without them doing nothing to earn it is bad and also taxing people into oblivion is equally bad

    • @novazz5111
      @novazz5111 หลายเดือนก่อน +5

      ​@@FactsMatter999 Yea too much for the people will basically lead to the thing you are trying to avoid in the first place, for example a company owning everything basically a government

    • @FactsMatter999
      @FactsMatter999 หลายเดือนก่อน +7

      @@novazz5111 this is why even in the Bible you couldn’t be a king and a high priest at the same time. If you are a king with the power to call yourself a high priest then you could easily declare yourself God and make everyone worship you. If you were a priest that can also be a king (a pope) then you get the inquisition …both are equally disastrous. There needs to be a balance of power in all aspects of human life. When a business has all the power you get Ticket Master who can legally ab$ use at will both the artist and the fan base without any repercussions

  • @jimknowles5483
    @jimknowles5483 หลายเดือนก่อน +7

    Pat…….you are the best!!
    Thank you for coming to America…..!!

  • @doodlethebeagle2078
    @doodlethebeagle2078 หลายเดือนก่อน +746

    It's the wasteful spending, not the taxes. $42 Billion on "broadband internet" & little/no progress. Press F

    • @thepain321
      @thepain321 หลายเดือนก่อน +30

      Wasteful spending, inefficiency… taking the smallest wages for income tax. Just to have a big agency of people shuffle paperwork to get it back. Giving large city contracts to companies that inflate cost on the public for personal gain. The owner of a local company took half, the rest covered the materials and laborers. Basically 100% inflation on the cost that would be better divided to all the workers not given half to one person for essentially nothing but landing the contract for work.

    • @wm_9640
      @wm_9640 หลายเดือนก่อน

      They use our tax dollars to fund the Ukrainian war. Whoever supports this is an enemy to people that want to live a normal, peaceful life.

    • @2seep
      @2seep หลายเดือนก่อน +42

      It’s called corruption and pocketing money

    • @rh7163
      @rh7163 หลายเดือนก่อน +1

      Recall the top 1 percent ? Well think hard because it may come with the next 2 percent if Trump gets enough donations and a pardon or two.

    • @lucanidae100
      @lucanidae100 หลายเดือนก่อน +2

      F

  • @eddiegolf
    @eddiegolf หลายเดือนก่อน +99

    All those taxes won't even last a year.
    Time to get rid of 75% of the spending not more taxes.

    • @brandonpurdy7658
      @brandonpurdy7658 หลายเดือนก่อน

      Tell that to Donald who exploded the deficit.

    • @memesbyme710
      @memesbyme710 หลายเดือนก่อน

      That requires getting rid of seventy five percent of our government

    • @JM-kp1bo
      @JM-kp1bo หลายเดือนก่อน +3

      @@memesbyme710ok most of them aren’t doing anything anyways

    • @leonardspencer6342
      @leonardspencer6342 3 วันที่ผ่านมา

      Cutting 75% sounds bold-until you realize that means gutting healthcare, roads, and schools. Taxing the ultra-wealthy keeps essentials running without overburdening everyone else. It’s about balance, not 'bleeding the rich.

  • @richardb7851
    @richardb7851 หลายเดือนก่อน +130

    Make 100 videos on this please.
    We need to educate America on this!

    • @seachel24
      @seachel24 หลายเดือนก่อน +2

      100% agree , WOW we all need to get more educated like this to make informed decisions and Vote for true prosperity and health (on every level) ✨️ 🙏 🇺🇸 🕊

  • @matiasdubs
    @matiasdubs 25 วันที่ผ่านมา +3

    Love it when PBD gets pissed. Still explains things simply and logically.👊🏻

  • @californiacavemandastardly6538
    @californiacavemandastardly6538 หลายเดือนก่อน +163

    I have a family member who works for the government, and said they will vote for whoever raises their salary. We as a country need to shrink our government.

    • @DR-yl5sp
      @DR-yl5sp หลายเดือนก่อน

      The amount of people sucking on the tit of government is disgusting! Our government is bloated and corrupt. We need to take the power back and vote for politicians who will shrink our government and disband our wasteful government institutions!

    • @30dayride67
      @30dayride67 หลายเดือนก่อน

      Unfortunately, that's the way a lot of Americans think these days. It's a narcissistic view with no consideration for the good of the country and they don't even realize that if the country fails they'll go down with the ship. Stupidity and greed are not a good combination.

    • @skippylippy547
      @skippylippy547 หลายเดือนก่อน +3

      Great point!

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน +3

      @californiacavemandastardly6538 don't most people vote for their own best interest???

    • @manpreet9766
      @manpreet9766 หลายเดือนก่อน +2

      ​@@sevensages5279no only people in 3rd world countries

  • @TheMusicscotty
    @TheMusicscotty หลายเดือนก่อน +2324

    Single biggest reason NOT to vote Harris

    • @johns7530
      @johns7530 หลายเดือนก่อน

      The border is way worse than this. There are many reasons not to vote for her, the tax plan is not tops on the list by a long shot, even if it is bad.

    • @Redsundog
      @Redsundog หลายเดือนก่อน +4

      It would probably help cool off this crazy market so who knows. Can't say anyone I know is to worried

    • @pook4rmdaboot
      @pook4rmdaboot หลายเดือนก่อน

      Trump plan would definitely hurt us with his big rich tax breaks

    • @SurLaMer_
      @SurLaMer_ หลายเดือนก่อน +51

      ​@@Redsundog
      Cool off the market?
      That's putting it mildly😂

    • @rh7163
      @rh7163 หลายเดือนก่อน

      The single biggest reason begins with her continued unconditional support of a war criminal but then Trump will double down on that.

  • @gregoryguerrier963
    @gregoryguerrier963 หลายเดือนก่อน +334

    This entire segment should be broadcasted on every major news network in the world.

    • @spacewalktraveller1
      @spacewalktraveller1 หลายเดือนก่อน

      Do you actually think those loony left media outlets would actually tell the truth and facts?

    • @gz2024-zaz
      @gz2024-zaz หลายเดือนก่อน

      Mainstream media protects Harris. They don’t tell the truth and certainly will not talk about it. It is completely disgusting.
      Trump / Vance 2024!

    • @OrcishSouljah
      @OrcishSouljah หลายเดือนก่อน +7

      But it aint... because theyre all part of the system that want to stay on top and you stay on the bottom playing the "yes sir" game

    • @adriaannobrega1379
      @adriaannobrega1379 หลายเดือนก่อน +1

      This world is just not the way i expected it to be when i was younger. Just a shame that we can be living a lot more stress free but those people are just messig with the system and putting us to struggle for their evil intentions. I hopi after this life if there is something else, it is just a happy and joyful place. And im not even living on America but so far im concerned, this situation is serious. 😢

    • @thisworldhasgonemad
      @thisworldhasgonemad หลายเดือนก่อน +1

      They aren't talking about it on purpose

  • @Definingpureness567
    @Definingpureness567 22 วันที่ผ่านมา +3

    This channel is real petriot of USA . Always bring truth bravery 👍

  • @queenbee4637
    @queenbee4637 หลายเดือนก่อน +120

    Many ppl thinks that business owner doesn't pay any taxes. Not true..i am a business owner and I pay my fair share of taxes and I have 8 employees that has stable income and not living on the street. It's not the business that is the problem, is our crooked gov.

    • @perfectstorm5742
      @perfectstorm5742 หลายเดือนก่อน

      Exactly! They wanna make the rich seem like the bad guy when they all got a different agenda, why “ Punish” the rich for making their living?

    • @winnb4968
      @winnb4968 หลายเดือนก่อน

      The future problems that our corrupt government will do is to limit us from getting rich.
      They're the top 1% of the 1% and wants everybody else poor so that they've no competition.
      All of them are working together and the perfect example for this is Blackrock/Vanguard.
      Who basically owns half of the world's biggest companies already it's their monopoly game.
      If you come with the cure to cancer with some new technology they're the ones
      who will buy you out and only keep for themselves meanwhile let the world suffer.
      Only they get the best care of everything as they've created the difference between
      rich vs poor by stealing from others in this case the majority of all who pays taxes..
      Like Patrick said they can say they want to build a new power plant it's gonna cost
      and everyone is automatically paying through tax system money including funding wars.
      By wars I mean war in Ukraine it's them against Russia, China who they are against.
      Trump has to win or there will be civil wars and war will be all over Europe!

    • @zaytovengg
      @zaytovengg หลายเดือนก่อน +3

      Also a lot of people don’t understand the expenses on running a business either I’m scared for this to be a way of life legit might leave if it becomes reality

    • @yodeling-
      @yodeling- หลายเดือนก่อน

      I heard that business owners also get taxed on furniture in their establishment, is that true?

    • @debscheider8520
      @debscheider8520 หลายเดือนก่อน

      ​@@yodeling-yes, annual business property tax. Your
      Business furniture, equipment etc. Taxed every year over and over.

  • @theman6910
    @theman6910 หลายเดือนก่อน +809

    Its like when Michelle Obama and Oprah Winfrey gave us lectures about how the rich are not paying their fair share... let that sink in...

    • @jackhammer2671
      @jackhammer2671 หลายเดือนก่อน +42

      The sad and scary part of that is that there are many people out there that swallowed that BS...can't believe how ignorant people can be.

    • @carlh-thehermitwithwi-fi679
      @carlh-thehermitwithwi-fi679 หลายเดือนก่อน +24

      same as we have to reduce our "carbon footprint"..who got here to tell us in private jets adn limos.

    • @keystorm8598
      @keystorm8598 หลายเดือนก่อน +18

      I mean trump only paid around $700 in taxes. But he a millionaire. Sooooo

    • @henk3202
      @henk3202 หลายเดือนก่อน

      😂 camel eye of the needle than rich..heaven. is true but still kamala will destroy the economy. And the extra money wouldn't be spend the national debt. If the government was debt free 9 years x 4 is 36 trillion they could spent more in the 10th year without the enormous interest on debt.

    • @DBailey94
      @DBailey94 หลายเดือนก่อน +17

      ​@@keystorm8598I'd love to see a source for that. Lets get Bidens, Kamalas, and Killary's as well. thats called knowing how to file your taxes effectively and using the tax breaks.

  • @robertg7974
    @robertg7974 หลายเดือนก่อน +55

    The real gut punch is the fact that this would be ANNUALLY!

    • @ridog00
      @ridog00 หลายเดือนก่อน +1

      Camala should really have a rally the Butlers Farm Show Grounds in Pennsylvania! I’d really wanna see a Pt.2! 🤣

  • @peterbryant1408
    @peterbryant1408 หลายเดือนก่อน +3

    Loved your fast-paced facts.
    Well put together!

  • @Scg1337
    @Scg1337 หลายเดือนก่อน +102

    The absurd part is when you realize that this 'huge' increase in tax revenue, that is detrimental to the economy, is spent by the government within days.
    Every, single, budget is balanced. It is either paid by taxes, or by devaluation of the national currency (from a consumer's point of view: as inflation).
    Government Spending is the issue. Full stop.

    • @garyjohnstone6422
      @garyjohnstone6422 หลายเดือนก่อน

      sack half and double productivity

    • @anthonyc1629
      @anthonyc1629 หลายเดือนก่อน

      The best case scenario is that enough money is raised to fund the federal government for 3 days. That's it.

  • @kenW13
    @kenW13 หลายเดือนก่อน +70

    An ‘Opportunity economy’ for e’legal immigrants.

    • @SamuelClemente7718
      @SamuelClemente7718 หลายเดือนก่อน +1

      SWEET 😈😈😈😈

    • @uclassc
      @uclassc หลายเดือนก่อน

      I wonder where all these elites are planning to move to once they destroy everything

  • @lyp7777
    @lyp7777 หลายเดือนก่อน +190

    People should be demanding NO more federal income tax for ALL. TAXATION IS THEFT.

    • @brandonpurdy7658
      @brandonpurdy7658 หลายเดือนก่อน +2

      We better not catch you on the interstate.

    • @charleslavoie5402
      @charleslavoie5402 หลายเดือนก่อน

      What are you going to do? Give us a tampon?

    • @markdevries2961
      @markdevries2961 หลายเดือนก่อน

      @@brandonpurdy7658yeah our poor, starving government couldn’t possibly afford to build roads without income tax 🤡

    • @rongendron8705
      @rongendron8705 หลายเดือนก่อน +15

      Realistically, we have to pay taxes! It's just that citizens should have a better say
      on how their taxes are spent!

    • @LG-tw5vm
      @LG-tw5vm หลายเดือนก่อน +20

      ​@brandonpurdy7658 As long as the money is going to pay for the interstate rather than Ukraine.

  • @rilwanj
    @rilwanj หลายเดือนก่อน +14

    9:43 problem is both sides are bad, government can’t be trusted but corporations band together to stop small businesses and startups from competing.
    If there was program (that shared a chunk of tax dollars) that was outside of the control of government and corporations to help start new businesses, maybe we’d be able to benefit all parties.

  • @ybdap7
    @ybdap7 หลายเดือนก่อน +629

    The answer is not more taxes, its less tax and less government. People are crazy

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน

      Lol, that exact mindset is the reason Republicans F everything up every time they're in power

    • @rhondayork-xl5gv
      @rhondayork-xl5gv หลายเดือนก่อน +12

      exactly...if Goldman Sachs supports Harris and her plan, that should be reason enough to vote against her...

    • @venicebeachsportsnetwork6677
      @venicebeachsportsnetwork6677 หลายเดือนก่อน +13

      Cause cutting taxes for the rich people is good for the poor 😂

    • @JRBetley32
      @JRBetley32 หลายเดือนก่อน +14

      Our government is so bloated with useless spending and useless positions. The federal government is the biggest corporation with over 3 million employees. We need to cut back on federal spending and government jobs.

    • @TomAnderson_81
      @TomAnderson_81 หลายเดือนก่อน

      @@venicebeachsportsnetwork6677
      Cut or raise, what really matter is what the gov does with the money. They are wasting it especially with the free stuff for illegals and wars. Democrats are about more and more gov and spending so is that what you advocate for?

  • @Thepippinator2
    @Thepippinator2 หลายเดือนก่อน +232

    It took me over 3 years to get a simple overpayment refund from the IRS.
    Imagine paying unrealized gains, then taking a huge loss and then trying to get your money back from the government. GOOD FUCKING LUCK!

    • @WayneWieszczyk
      @WayneWieszczyk หลายเดือนก่อน

      @@Thepippinator2 that is so true...dangerous territory to take money that you may have to give back later...good luck to the American people if Harris wins

    • @ztuner7765
      @ztuner7765 หลายเดือนก่อน +3

      and it took me 10 days. So there is that...

    • @Thepippinator2
      @Thepippinator2 หลายเดือนก่อน

      @@ztuner7765 Have you ever received and/or responded to a CP2000 before?

    • @taylor15589
      @taylor15589 หลายเดือนก่อน +2

      That’s why I’m so confused about how this plan would even work??? 🤔

    • @Brea890
      @Brea890 หลายเดือนก่อน +3

      @@taylor15589I agree! It would be chaos!

  • @ACIDICcitric
    @ACIDICcitric หลายเดือนก่อน +382

    Taxing unrealized gains is absurd. Imagine you plant 10 acres of corn, and halfway through the season, the government demands the yield from 4 acres. If a blight then wipes out 7 acres by August, the government still expects that yield, regardless of your loss. They would take from the 3 acres left and might even seize more land to cover the shortfall “you will own nothing and will be happy”

    • @rsmith8859
      @rsmith8859 หลายเดือนก่อน +6

      Wow. Not good

    • @Alexandria-hq1uy
      @Alexandria-hq1uy หลายเดือนก่อน +4

      That’s not how it works but ok

    • @MichaelScarchilli-M4Marketing
      @MichaelScarchilli-M4Marketing หลายเดือนก่อน +25

      ​@@Alexandria-hq1uyplease explain then 😉

    • @stevefisher962
      @stevefisher962 หลายเดือนก่อน +24

      ​@@Alexandria-hq1uyWell tell us how it works then😂

    • @Jay-bp1yx
      @Jay-bp1yx หลายเดือนก่อน +45

      @@stevefisher962C’mon give the Liberal a break, they’re still trying to figure out what woman is

  • @henryb.creative
    @henryb.creative หลายเดือนก่อน +2

    ABSOLUTELY PERFECT WAY YOU HAVE EXPLAINED THIS! Thank you 👍🏾

  • @Tjmont
    @Tjmont หลายเดือนก่อน +46

    Pat you need to run a $1000 a day ad to this video between now and November so people actually see this and hopefully see sense.

    • @4wdaddict41
      @4wdaddict41 หลายเดือนก่อน +1

      Yes please

  • @LaillaBelgrade
    @LaillaBelgrade หลายเดือนก่อน +338

    I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

    • @LaillaBelgrade
      @LaillaBelgrade หลายเดือนก่อน +2

      ​@EdenaCrisiWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @LaillaBelgrade
      @LaillaBelgrade หลายเดือนก่อน

      ​@AllenDoltI have a sister in Sri Lanka, should be easy for me to settle in

    • @JulioMangru
      @JulioMangru หลายเดือนก่อน +1

      I keep tellng my wife there is no difference between the parties. Each one gets to promote its corporate sponsors during their time in power.

    • @KhristyDrysdale
      @KhristyDrysdale หลายเดือนก่อน

      ​@@LaillaBelgradeThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..

    • @EnaEnrriques
      @EnaEnrriques หลายเดือนก่อน

      ​@MammeMassaertyou are completely clueless as to what the American Dream actually is. Its not a promise of material things if you work a 9 to 5. Nosir... its the promise of opportunity for hard working and innovative folks, regardless of who they are, where they come from and what class they were born in to. THAT is the American Dream. Opportunity for all... and its still available today.

  • @EasyED1992
    @EasyED1992 หลายเดือนก่อน +54

    What's scary is there's people that will still want her to be president....

    • @qdontae6
      @qdontae6 หลายเดือนก่อน +5

      Exactly even with all the proof in their faces they still won’t listen

    • @adramelek1000
      @adramelek1000 หลายเดือนก่อน

      There is so much proof that she lies and it has been forced down thier throats and all they do is puke them up and say no she is not telling lies.
      Then there are people like this rapper who just flat out said he does not k ow any of her policies and is only voting for her because she is black

    • @Sgt_Turkigreyvi
      @Sgt_Turkigreyvi หลายเดือนก่อน

      They're voting for her just because they hate Trump more. They don't care about her policies. They just don't want Trump to win. No matter the cost. I don't like Trump personally but at least he won't destroy the economy.

    • @dakotasan8719
      @dakotasan8719 หลายเดือนก่อน

      Oh yeah, they literally can’t stop jerking her ego on Reddit. Even in nonpolitical subs

    • @crashdsnowman1
      @crashdsnowman1 หลายเดือนก่อน

      still IGNORANT people who will vote for her.

  • @dr3ams00
    @dr3ams00 24 วันที่ผ่านมา +1

    Explained all that like a boss and was not confused even once

  • @witteegameapps7031
    @witteegameapps7031 หลายเดือนก่อน +133

    There's a flaw in taxing unrealized gains, say I own stocks for ABC.
    I have $100M in unrealized gains for 2023.
    Then in 2024, ABC's stocks went down so now ABC is $50M. So I'm -$50M.
    So will the government owe me -$50M in taxes I paid last year?
    No. They won't. They like to take, not give.

    • @kingiam9271
      @kingiam9271 หลายเดือนก่อน +2

      You would have paid 25 mil out of the 100 mil. And I'm pretty sure that's still not an accurate number 🤦

    • @aKiSeraphic
      @aKiSeraphic หลายเดือนก่อน +20

      Imagine taxing something that you didn’t sell 😂
      This is a joke.

    • @VeganDeterioration
      @VeganDeterioration หลายเดือนก่อน +5

      and if it goes back up again would you have to pay the unrealized tax again?

    • @michaelking5490
      @michaelking5490 หลายเดือนก่อน +1

      Bingo

    • @ParadoxISPower
      @ParadoxISPower หลายเดือนก่อน

      Nope you would owe another $50M thats how communism works.

  • @Dallas420-on6ii
    @Dallas420-on6ii หลายเดือนก่อน +214

    We do not have a revenue problem. We have a spending problem.

    • @tkkirkland3971
      @tkkirkland3971 หลายเดือนก่อน +16

      No we have a Democrat problem

    • @SwaySzn
      @SwaySzn หลายเดือนก่อน +5

      Everyone saying their broke but how many new cars do you see driving down the road.

    • @zenlandzipline
      @zenlandzipline หลายเดือนก่อน +11

      @@SwaySznthat’s why they’re broke. Irresponsible spending.

    • @zenlandzipline
      @zenlandzipline หลายเดือนก่อน

      Trump got us 8 trillion more in the hole. Thats almost twice as much as Obama in one of his terms.

    • @Infectd
      @Infectd หลายเดือนก่อน

      This

  • @Sugarsugar-24
    @Sugarsugar-24 หลายเดือนก่อน +289

    Stop the insanity! Vote Trump 2024!❤️🇺🇸

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน +8

      Trump is THE
      insanity
      😂😂😂

    • @communismisgarbage
      @communismisgarbage หลายเดือนก่อน

      ​@@sevensages5279cackala is psychotic.

    • @hometowncook6970
      @hometowncook6970 หลายเดือนก่อน

      only a fool would vote for Trump......I don't like Harris, but she's better than trump.....I repeat, only a fool would vote for trump

    • @fugoogle5345
      @fugoogle5345 หลายเดือนก่อน +1

      ​@@sevensages5279he's the Insanity you need without ALL the stupidity you've been getting the last 3.5.yrs

    • @MakeMeLo
      @MakeMeLo หลายเดือนก่อน +2

      Absolutely ❤❤❤❤❤

  • @limonadetv5848
    @limonadetv5848 3 วันที่ผ่านมา

    I love your educationals videos i learn a lot from them 💪

  • @otisadonisbeats
    @otisadonisbeats หลายเดือนก่อน +21

    This is what South Africa is going through as well. Tax is way too high and everyone is affected! 💔

  • @wildalpinedesign
    @wildalpinedesign หลายเดือนก่อน +59

    Absolute insanity

    • @Lightning613
      @Lightning613 หลายเดือนก่อน

      Everything about Marxism is insane.

  • @JUANREDOBLADO
    @JUANREDOBLADO หลายเดือนก่อน +185

    This is where the 80,000 new IRS agents will be used for.

    • @brandonpurdy7658
      @brandonpurdy7658 หลายเดือนก่อน

      Lies

    • @anthonyesposito7
      @anthonyesposito7 หลายเดือนก่อน

      Gooood!!!!

    • @Johnredcorn713
      @Johnredcorn713 หลายเดือนก่อน

      @@anthonyesposito7not everyone is a wetback, we don’t need this..

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      Didn't the Republicons shoot down that proposal???
      They have been in control of congress for over 2 yrs now!!!

    • @markmagness3693
      @markmagness3693 หลายเดือนก่อน +3

      @@anthonyesposito7you just hate rich people

  • @tlk0906
    @tlk0906 7 วันที่ผ่านมา

    You hit the nail on the head at 9:00. Very informative video. Everyone should hear this information.

  • @BlessedTEXAN3
    @BlessedTEXAN3 หลายเดือนก่อน +555

    People, you may not like Trump, but we can not afford another 4+yrs of this economy. Please vote Red 🗳

    • @jmhjmh3605
      @jmhjmh3605 หลายเดือนก่อน

      Not even an option... Kamala is the doom and gloom of whats to come. We can avoid it by just taking your feelings and say shut the fuck up. Vote Trump

    • @perfectstorm5742
      @perfectstorm5742 หลายเดือนก่อน +17

      EXACTLY

    • @jeronp420
      @jeronp420 หลายเดือนก่อน +26

      We are in this economy because of trump. Get your head out of the sand.

    • @stevenlake5278
      @stevenlake5278 หลายเดือนก่อน +6

      Spoiler alert the economy's already fucked

    • @kebas239
      @kebas239 หลายเดือนก่อน

      @@jeronp420 Let me guess - because Covid started during his presidency and it's his fault? Right...

  • @deanh8239
    @deanh8239 หลายเดือนก่อน +22

    Pat, honestly you've outdone yourself in this video.
    We need viral reels to inform every one of this video ASAP!

  • @englishguy9680
    @englishguy9680 หลายเดือนก่อน +307

    Taxing “unrealised gains” is just a euphemism for theft.
    If you can tax unrealised gains, then I’d like a rebate on unrealised losses 😂

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      Yeah, when your net worth exceeds $100m
      😂😂😂
      Worrying about $hit that don't affect you!!!!!
      Are you really a cuck for billionaires.......???

    • @Lightning613
      @Lightning613 หลายเดือนก่อน

      Taxes are a euphemism for ‘armed robbery.’

    • @chicksandwich
      @chicksandwich หลายเดือนก่อน +15

      Theft squared

    • @HansBelphegor
      @HansBelphegor หลายเดือนก่อน

      I lost 80k when biden "won" the election... where's my money kamala

    • @russell-gt1dy
      @russell-gt1dy หลายเดือนก่อน +12

      Look how 'future earning potential' is considered in divorce cases.
      They make alimomy judgement based on your earnings potential, not just the money you make

  • @booniegambini
    @booniegambini 6 วันที่ผ่านมา +1

    IF she gets in office , remember that our forefathers fought a war over a 2% tax. MILITIA UP and Take this country back 💯

  • @ThatGuyThat1
    @ThatGuyThat1 หลายเดือนก่อน +18

    Dont forget production bonus, holiday pay, other bonuses, 401k, property worth,non liquid assets. All to people who printed and lost over 5mil a day for 4 years 😮‍💨

  • @sepsis111
    @sepsis111 หลายเดือนก่อน +64

    The income tax you currently pay was once just for the wealthy..... they were supposed to only do it for a short while.
    New taxes never go away and always affect the poor .

    • @ParadoxISPower
      @ParadoxISPower หลายเดือนก่อน

      Income taxes are illegal in America, not something they teach you in schools, but if you look into it you find not only are they illegal, there is no law compelling Us to pay them, They use illegal threat of force and intimidation, like thugs to steal from every so called free American citizen. Also capital gains are not income, and it is perfectly fair that those speculating on the market be taxed.

    • @JoeRuizLordoftheRings
      @JoeRuizLordoftheRings หลายเดือนก่อน

      What do you suggest we do about it on election day? 😊

    • @ParadoxISPower
      @ParadoxISPower หลายเดือนก่อน

      @@JoeRuizLordoftheRings Bad Troll, try coming up with something original...

    • @stephenruhi8184
      @stephenruhi8184 หลายเดือนก่อน

      And it's the poor people who wanted the rich to he taxed.
      It backed fired on them

    • @stephenruhi8184
      @stephenruhi8184 หลายเดือนก่อน

      ​@@JoeRuizLordoftheRingsvote Trump

  • @raywarner4704
    @raywarner4704 หลายเดือนก่อน +15

    We need to get this out to all Americans!

  • @brendahernandez9044
    @brendahernandez9044 หลายเดือนก่อน +1

    God bless for putting that information out there, simple and easy

  • @cecilial7707
    @cecilial7707 หลายเดือนก่อน +109

    At the end of the day, it's always the middle class who suffers.

    • @kirk.w.mclaren
      @kirk.w.mclaren หลายเดือนก่อน +1

      Yeap. Taxing unrealized capital gains is the government's way of covering their managerial abuse.

    • @dehidaiaperez3680
      @dehidaiaperez3680 หลายเดือนก่อน

      Own nothing and be happy.

    • @kirk.w.mclaren
      @kirk.w.mclaren หลายเดือนก่อน +5

      @@dehidaiaperez3680 set maybe okay for you but that's not okay for most people nor should it be forced on us by the extremist government

    • @dehidaiaperez3680
      @dehidaiaperez3680 หลายเดือนก่อน

      @@kirk.w.mclaren valid comment I have little money in the stock market if she wins it will take me 3 to 6 years to pay the IRS. Their agenda is, own nothing and be happy.

  • @russsle
    @russsle หลายเดือนก่อน +350

    I'm a tax professional at a big name tax filing agency and what people don't understand is "trickle down Economics". There is no such thing as JUST tax the rich, because working with rich people's taxes everyday they are going to try and cut cost somewhere else if taxes get more expensive. it's how a business works, you tax all billionares the cost will TRICKLE DOWN to the average person, they will pay the price so heavily. Our economy is already strained, credit cards at an all time high, auto loan delinquency soaring and THIS IS HER PLAN? It's complete insanity.

    • @cybernikolaus
      @cybernikolaus หลายเดือนก่อน +11

      Being a tax professional and being an expert in economics are two different horses. trickle down economics is a invalidated myth.

    • @therealcoachdarrell
      @therealcoachdarrell หลายเดือนก่อน +37

      @@cybernikolaus expenses always trickle down, savings don't.

    • @sneakymitchell7802
      @sneakymitchell7802 หลายเดือนก่อน +27

      @@cybernikolausyou ever think and wonder the companies will try a loophole like they do always. If you tax the Rich heavily. It will force them to off shore more, workers will get fired/moved, they won’t invest heavily to improve their productivity, they will cut ads and people like content creators will take blow of their revenue goes down cause the companies ain’t doing much ads on platforms.
      Sure small business can rise but they will take the hit too if the unrealized game tax happens to them too.
      It’s pretty obvious that it’s going effect every business.
      I say it’s worse than printing money cause with inflation you can stable it in the future. With this well it just makes loopholes on companies and force them to do something crazy.

    • @zbigwojciechowski7575
      @zbigwojciechowski7575 หลายเดือนก่อน

      You need to interview KH

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      @russsle Clinton did it and so did Obama!!!

  • @nathanwoodz7920
    @nathanwoodz7920 หลายเดือนก่อน +70

    I really don't understand the people voting for her after those last 4 years we went through people needs to get over their feelings about Trump and vote for him!

    • @Gameboyreaper
      @Gameboyreaper หลายเดือนก่อน

      Don’t they will have nothing and be happy

    • @QueasyMcSqueezy
      @QueasyMcSqueezy หลายเดือนก่อน +10

      They want everyone else to be as miserable and unsuccessful as them.

    • @antinutjobs
      @antinutjobs หลายเดือนก่อน

      Because it's easier to get away with crimes and five finger discounts while pushing racism narrative guilt any good people as justification to rob them.
      Yes, I'm calling them out for their stupidity of not realizing it's the Democrat party that kept putting them in worsen situations in the first place to get votes for offering handouts.

    • @J_WheelerDoll30
      @J_WheelerDoll30 หลายเดือนก่อน +1

      Thisssss 👌🏾too many people are stuck on the rumors and his boarder plans rather than how our households/futures are going to plummet and effin burn. 🔥

    • @OuTdaBoxEnt1
      @OuTdaBoxEnt1 11 วันที่ผ่านมา

      She was vice president..do you not know how that works?

  • @robsmith4884
    @robsmith4884 หลายเดือนก่อน +2

    Pat makes me laugh. Love valuetainment love pbd. I say this with admiration….. i mimic him all day when he talks…. It used to be “bop bop bop” when he was rattling of things in a list and he’d end with “bop bop bop” now it “lidabit”. We’re going to tax you but just a “lidabit”…. I’ll be saying “lidabit” all day.
    “NO SHIT SHERLOCK”. Made me laugh out loud. My mom used to say that. I’m 44 and I say it. Big smiles over here. Thanks for all you do PBD. Please continue! I rewatch the old stuff listening while I’m working on various things still picking up SO MUCH.
    Ps. Planning to build your READ book shelf for my grandkids! I have time though…. But just a LIDABIT!

  • @ShaneSchimpf
    @ShaneSchimpf หลายเดือนก่อน +49

    The trickle down effect of these tax proposals will devastate the working class' and retirees savings.

    • @Travis12861
      @Travis12861 หลายเดือนก่อน +4

      That’s a key fact that half of the country quickly needs to learn.

  • @lucanidae100
    @lucanidae100 หลายเดือนก่อน +39

    Tax Taylor Swift and raise her rate to 50%

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      Cry harder 😢😢😢😢😢

    • @beverlyhayshouston2770
      @beverlyhayshouston2770 หลายเดือนก่อน +2

      Surely she would not vote for this.

    • @TheRealVenom448
      @TheRealVenom448 หลายเดือนก่อน +5

      ​@@sevensages5279You can cry with Taylor when Trump wins.

  • @nelsonramos6093
    @nelsonramos6093 หลายเดือนก่อน +23

    This is scary! Thanks for the info

  • @AlexEngland-g6n
    @AlexEngland-g6n 7 วันที่ผ่านมา

    Very well said.

  • @jerryk6530
    @jerryk6530 หลายเดือนก่อน +261

    Never Never Never vote Democrat....
    TRUMP Nov 5th....do it.

    • @dennislee4797
      @dennislee4797 หลายเดือนก่อน

      You think thrump is ok ? Lol, who dare to work with america when thrump is there.
      Cannot be trusted.

    • @deegillespie5305
      @deegillespie5305 หลายเดือนก่อน +1

      Super evil since slavery days

    • @stevepetty7009
      @stevepetty7009 หลายเดือนก่อน

      Trump hasn’t paid Federal tax for years. He refused to show his returns. Is this fair?

  • @velcrodreams178
    @velcrodreams178 หลายเดือนก่อน +40

    I work in new york as a union construction worker. I pay 50 % in taxes fuck that !

    • @johngates7681
      @johngates7681 หลายเดือนก่อน +5

      Thats because of Trump tax plan if you pay that much.

    • @velcrodreams178
      @velcrodreams178 หลายเดือนก่อน +2

      @johngates7681 demonrats were in office right after and they didn't rectify anything.... not to mention I'm white. I dont even count no more according to them !

    • @Sam-ny9tz
      @Sam-ny9tz หลายเดือนก่อน +10

      Kamala "YoU BeTtEr ThAnK A UnION MeMbeR!" 😅🤦🏽‍♀️🙄
      Here we are Kamala!!!
      Trump 2024! ❤🙏🏽🇺🇸

    • @denisesorchidparadise1411
      @denisesorchidparadise1411 หลายเดือนก่อน +8

      yep, that is robbery

    • @dabndangle
      @dabndangle หลายเดือนก่อน

      Ny is blue budd​@@johngates7681

  • @johnski3422
    @johnski3422 หลายเดือนก่อน +17

    I think we should all just pull out of the stock market and stop paying taxes. We all work extremely hard and only live so long for our government to give all of our money away to other countries instead of reinvesting it in the United States. This has to stop.

  • @RogerNegrete-lh1xt
    @RogerNegrete-lh1xt 13 วันที่ผ่านมา

    Wonderful subject to use as ammo when debating know it alls thans david your a god send for truth.

  • @lex_DO
    @lex_DO หลายเดือนก่อน +72

    Crazy. Even crazier is property taxes due the same thing. Taxing you on unrealized gains!

    • @jimmckittrick6515
      @jimmckittrick6515 หลายเดือนก่อน +3

      Actually, even if your home value goes down you still have to pay your property taxes so it's not the same.

    • @lucanidae100
      @lucanidae100 หลายเดือนก่อน +1

      excellent point!

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      ​​​​@@jimmckittrick6515
      When the market crashed in 2008, some were able to have their home reappraised to reflect the loss in value and lower their property tax.

    • @jadl3278
      @jadl3278 หลายเดือนก่อน

      ​@@jimmckittrick6515 I would think if I sold my house at a higher price the unrealized taxes would step in. Which doesn't sound great.

    • @touger9759
      @touger9759 หลายเดือนก่อน +2

      ​@@jadl3278Nope, thats a realized gain because you sold it. You buy a house for 50k, 10yrs later let's say it "worth" 100k, they would want to tax that 50k increase in value even though you didn't sell to "realize" those gains. Another example would be a 401k. You don't realize those profits till you retire and start withdrawing, taxing unrealized gains would be taxing the increased value of your retirement fund.

  • @keysncoffee7733
    @keysncoffee7733 หลายเดือนก่อน +20

    I’ve been looking forward to you breaking this down, Patrick 👍

  • @lorettawarner
    @lorettawarner หลายเดือนก่อน +14

    Thank you, Patrick, please don't stop what you are doing!

  • @curlyq9901
    @curlyq9901 26 วันที่ผ่านมา +1

    Thanks!

  • @secondthought2320
    @secondthought2320 หลายเดือนก่อน +84

    What happened to the 900 billion that Biden said it would go to infrastructure to upgrade roads,bridges and water lines?
    And this would create new jobs. Obama did the same thing for 850 billion. What got repaired and where are the jobs? Where did the money go ?

    • @WalkingOneLegAtATime
      @WalkingOneLegAtATime หลายเดือนก่อน +8

      10% to the Big Guy

    • @jadl3278
      @jadl3278 หลายเดือนก่อน +6

      Obamas 10 houses. Lol

    • @nativestrong7253
      @nativestrong7253 หลายเดือนก่อน +1

      Have to drag Bittiegeg before congress next year to find out

    • @usmcortuno
      @usmcortuno หลายเดือนก่อน

      It’s coming here to SoCal. We just got the green light to start working on power lines

    • @sasquatch8923
      @sasquatch8923 หลายเดือนก่อน

      @@usmcortuno 🤣🤣🤣

  • @Leekir77
    @Leekir77 หลายเดือนก่อน +50

    Good analysis PBD, government cannot be trusted with more money, in fact we need less government control of OUR money!!!!!!

    • @SamuelClemente7718
      @SamuelClemente7718 หลายเดือนก่อน +1

      Florida wants to adopt rent control. Total communists.

  • @jessicahayes9788
    @jessicahayes9788 หลายเดือนก่อน +81

    This is why those people went to the school system & started the dummying down of schools since the 1960s. It worked! It worked as planned, their plan.
    I didn't grow up here in the U.S. I was born into a tyrannical country where free speech & 2A doesn't exist because of control. When children publicly mimicked what their parents say about the tyrannical govt, they're hunted down like an animal and unlivened.
    I came here legally which took almost 10 years to go through the process back in my country. I waited there and followed the law of the U.S. and paid tens of thousands of dollars before I was given permission to step foot on American soil while trying to make sure I survive.
    People who doesn't see that this current regime along with the last few presidents (aside from Trump) going ways back to the late 1800s when they allowed a group of people who've been banned in over 110 countries back into the U.S. are out to destroy what's left of the country we love.

    • @danielmarchisella8895
      @danielmarchisella8895 หลายเดือนก่อน +5

      Trust me, we have to watch also. AI police everywhere

    • @channingtaintum
      @channingtaintum หลายเดือนก่อน +4

      Yuri Bezmenov. The Kalergi Plan.

    • @craigostopovich4860
      @craigostopovich4860 หลายเดือนก่อน +1

      ​@channingtaintum Indeed...

    • @needforprivacy
      @needforprivacy หลายเดือนก่อน

      It’s called communism, Kamala is compromised by the CCP, we are fucked if she wins. She’ll turn the entire nation blue through the replacement theory. We are absolutely fucked. America is sold to China.

  • @winkletown8828
    @winkletown8828 หลายเดือนก่อน +5

    Thank you so much for doing this video! You have no idea how impactful this is!

  • @markncely7578
    @markncely7578 หลายเดือนก่อน +22

    You're company has to pay taxes for paying you, then you get taxed for the money you make

  • @Mr.Neko1
    @Mr.Neko1 หลายเดือนก่อน +17

    Whatever large amounts of taxes raised by this plan would be in the short term. As the economy gets destroyed by this terrible plan the amount of tax revenue will significantly dwindle. Not to mention the greatest unemployment to ever be seen.

  • @justsaynrush9689
    @justsaynrush9689 หลายเดือนก่อน +72

    I quite simply can't understand how someone can have a tax plan like this and think they would be elected. It shows that they know their base either doesn't pay attention or are ignorant about what is going on.

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน

      Lol, you're being brainwashed by fear mongering

    • @Julia29853
      @Julia29853 หลายเดือนก่อน +12

      Door number 3, both of the above!

    • @jadl3278
      @jadl3278 หลายเดือนก่อน

      It's all lies I think kamala is another example of Niki haley. No one likes her but the media. In reality she has no chance of winning. You can see it on her face.

    • @justsaynrush9689
      @justsaynrush9689 หลายเดือนก่อน

      @@Julia29853 Yeah, you right

    • @prd004.2
      @prd004.2 หลายเดือนก่อน +5

      My lib friends think it’s a great idea… that’s how ignorant they are

  • @benrichardson8099
    @benrichardson8099 29 วันที่ผ่านมา

    Sir you made a whole lotta sense you really broke it down to its denominator..thank you

  • @a.inomjon
    @a.inomjon หลายเดือนก่อน +171

    how can anyone with right mind can vote for Kamala with all that abortion , gun restrictions and these taxes ,crazy .

    • @henryvalentine4976
      @henryvalentine4976 หลายเดือนก่อน

      And also that she's completely dumb and has no clue what's happening just like her boss

    • @johnwalker6393
      @johnwalker6393 หลายเดือนก่อน

      because Americans are not that smart. unfortunately. GOD BLESS

    • @JB-fq9dp
      @JB-fq9dp หลายเดือนก่อน

      We got a lot of leftist crazies that will vote because of "feelings".

    • @Defx10
      @Defx10 หลายเดือนก่อน

      nobody with a right mind IS voting for Kamala. Unfortunately, there are a LOT of lunatics out there.

    • @jfkst1
      @jfkst1 หลายเดือนก่อน

      These are the same people that think America is wicked so it makes sense to try to destroy it.

  • @michaelloecher8830
    @michaelloecher8830 หลายเดือนก่อน +27

    The unrealized tax as stated here would DESTROY big bizz

    • @happyappy19931
      @happyappy19931 หลายเดือนก่อน +5

      And anyone trying to retire in this lifetime

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน +1

      Lol, no it wouldn't..what you're saying is laughable

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      ​​@@happyappy19931no, DON'T LIE
      only those worth a least $100 million!!!

    • @Julia29853
      @Julia29853 หลายเดือนก่อน +2

      @@ronniekregar3482you arent too bright are you?

    • @erikmacedo3723
      @erikmacedo3723 14 วันที่ผ่านมา

      @@ronniekregar3482you mean when the company you work for wants to lay people off you think they will start at the top. No at the bottom and work their way up

  • @bw1330
    @bw1330 หลายเดือนก่อน +62

    the biggest problem is that all that tax revenue over 10yrs wouldnt cover gov spending in a single year.

  • @romegq
    @romegq หลายเดือนก่อน

    Great video. It always amazes me how everyone says to vote for this woman, but no one can say WHY....smh. awesome video! Very informative!

  • @comerunwithmig
    @comerunwithmig หลายเดือนก่อน +19

    This guy has a point but the most important thing of all is that American's taxes should not be going to Ukraine or ANY other country. If all those taxes went to helping AMERICAN people, fixing problems, roads, pensions, health care etc etc it might make sense but to keep taking more taxes to send them abroad thats just nuts

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน +3

      We can do both. America can walk and chew gum at the same time ya know

    • @comerunwithmig
      @comerunwithmig หลายเดือนก่อน +6

      @@ronniekregar3482 I'm not even American I just think it's unfair. Your taxes are for YOUR country. And tbh it's not exactly like you're country is doing amazingly right now. The focus should be solely on getting yourselves sorted

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน

      @@comerunwithmig lol, and just let Putin take over half of Europe?

    • @ronniekregar3482
      @ronniekregar3482 หลายเดือนก่อน

      @@comerunwithmig lol, we've had the best Covid recovery of any country in the world, what are you talking about?

  • @ricardopadayachee4379
    @ricardopadayachee4379 หลายเดือนก่อน +34

    We need a PBD DJT interview

    • @brandonpurdy7658
      @brandonpurdy7658 หลายเดือนก่อน +1

      2 goofballs

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      How would pat ask any questions while gargling trump's ba lls !!!
      😂😂😂

    • @hoehoe360
      @hoehoe360 26 วันที่ผ่านมา

      @@brandonpurdy7658 your 2 Moms?

  • @carlshorter6490
    @carlshorter6490 หลายเดือนก่อน +15

    Everyone Please SHARE THIS.
    American literally CAN'T afford another Biden economy.
    Thank you PBD this is amazing information.

  • @ludovinawain5632
    @ludovinawain5632 10 วันที่ผ่านมา

    Thanks ! God bless ❤

  • @Panda_J1
    @Panda_J1 หลายเดือนก่อน +27

    I don’t think people realize how bad this will affect their 401ks. A lot of 401ks are tied to our jobs selected funds. Vanguard fund, fidelity fund, etc. if the fund appreciates which it most likely will, these funds will be forced to sell to not pay the extra tax.

    • @michaelfranks341
      @michaelfranks341 หลายเดือนก่อน +3

      Doesnt matter if they sell. They have over $100m invested under them, so they will have to pass the tax to each 401k owner as a fee.

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      Everybody worrying about something that affects less than 10k out of 300-320 million citizens!

    • @Julia29853
      @Julia29853 หลายเดือนก่อน

      And the quick, massive selloff will cause a crash like we have never seen before

    • @Julia29853
      @Julia29853 หลายเดือนก่อน +6

      @@sevensages5279you arent too bright are you?
      Did you not listen?
      The lack of reasoning skills of leftists to understand cause and effect is insane

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      @@Julia29853 didn't even watch the propaganda, julia!!!
      How much are they proposing to tax those multimillionaires and billionaires.....do you even know???

  • @bradojacko8247
    @bradojacko8247 หลายเดือนก่อน +17

    The problem is that here is already no free market. Every corporation gets bailed out by the taxpayer, too, and handouts and special rules. They somehow make even more money after failing, while normal people just fail.

  • @deadbounz
    @deadbounz หลายเดือนก่อน +10

    Patrick! Thank you for using your platform to communicate this so effectively. The repercussions of this could not be overstated

  • @BestiaProductions
    @BestiaProductions 24 วันที่ผ่านมา

    For videos and information like this there should be a love button ❤

  • @johnz1505
    @johnz1505 หลายเดือนก่อน +11

    🙏🙏Trump, JD Vance, RFK Jr., Tulsi team 2024 💯💯🙏🙏

  • @BenAdam1937
    @BenAdam1937 หลายเดือนก่อน +9

    As much as Americans need better and honest politicians y’all also need better and honest media personnel’s

  • @WardoUSA
    @WardoUSA หลายเดือนก่อน +7

    I wish everyone in our country would listen

  • @Crazyeighty8
    @Crazyeighty8 หลายเดือนก่อน

    OMG! This is so well said! Mad respect 🙏

  • @susanhowe88
    @susanhowe88 หลายเดือนก่อน +19

    I enjoyed your talk! Thank you!

  • @andersonlynn3686
    @andersonlynn3686 หลายเดือนก่อน +35

    The problem is government spending they need to slow the fuck down . But Harris is also terrible.

    • @BaronCreel
      @BaronCreel หลายเดือนก่อน

      You can't outax the pace of spending and money printing. Fucking clowns working in the highest positions.

    • @Lightning613
      @Lightning613 หลายเดือนก่อน

      “You will own nothing, and be happy.”
      enter the Kum-a-la ‘Good Vibes and Joy’ campaign.
      (P.S. 1930’s mustached Austrian painter’s [initials A.H.] campaign slogan just happened to be “Strength Through Joy.” ? ? ).

    • @BaronCreel
      @BaronCreel หลายเดือนก่อน

      @@Lightning613 We hired all the nazis so it's no surprise they follow the playbook 1:1. US gov fucked us.

    • @Madchris8828
      @Madchris8828 หลายเดือนก่อน

      Increasing the amount of money they can spend by raising the taxes gives them more money to play with.

    • @Lightning613
      @Lightning613 หลายเดือนก่อน

      @@Madchris8828 easier to shuffle $$$$ into a laundering system without trace.

  • @franciscallahan4213
    @franciscallahan4213 หลายเดือนก่อน +13

    EVERYONE NEEDS TO WATCH THIS!!!!

    • @sevensages5279
      @sevensages5279 หลายเดือนก่อน

      Only those worth over $100m 😂😂😂

    • @Sully.Man007
      @Sully.Man007 หลายเดือนก่อน

      @@sevensages5279those over 100$ M . have tax code team to avoid a lot .

    • @desilorajr2713
      @desilorajr2713 หลายเดือนก่อน

      Those worth over $100M who are business owners will pass the tax on to the working class by raining prices on goods and services use common sense

  • @brironmanbtl1162
    @brironmanbtl1162 26 วันที่ผ่านมา

    Thank you Patrick

  • @3SonsRC
    @3SonsRC หลายเดือนก่อน +12

    Best video on this topic I have seen❤

  • @Coachkilmer162
    @Coachkilmer162 หลายเดือนก่อน +7

    This might be your best video yet 🔥

  • @ZacharyLincoln-y6w
    @ZacharyLincoln-y6w หลายเดือนก่อน +11

    In what world does taxing people on things they haven’t received yet even ethical…. Or make sense

    • @Alexandria-hq1uy
      @Alexandria-hq1uy หลายเดือนก่อน

      It has been happening. Do you pay property tax? And in the world where you can use unrealised gain to secure a loan

    • @edenterra870
      @edenterra870 หลายเดือนก่อน

      In Cuba we don't pay taxes but average salary is about $20 dollars a month. Get the picture?

    • @Madchris8828
      @Madchris8828 หลายเดือนก่อน

      ​​You actually own a house. You don't receive any benefits from most stocks from appreciation till you sell (unless they pay a dividend in which you are already taxed on. By that logic they should be able to make you pay for gas on a car that doesnt exist yet too. Like I want a truck so I pay for gas on this non-existent truck i dont own. There is zero benefit from most growth stucks until you sell@@Alexandria-hq1uy

  • @shannonvetrano3431
    @shannonvetrano3431 หลายเดือนก่อน +1

    Always informative ❤🎉

  • @micheal_mills
    @micheal_mills 29 วันที่ผ่านมา +1066

    These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

    • @Marvinsettle
      @Marvinsettle 29 วันที่ผ่านมา +4

      I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.

    • @Walter_hill_
      @Walter_hill_ 29 วันที่ผ่านมา +3

      This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, pur country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolioportfolio

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 29 วันที่ผ่านมา +2

      I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @Walter_hill_
      @Walter_hill_ 29 วันที่ผ่านมา +2

      My CFA Vivian Jean Wilhelm, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 29 วันที่ผ่านมา +1

      Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info