If people say they don’t know what Harris or anyone else has done instead of getting defensive the push back should be “where are you getting your information from”. We can’t assume they have the same information. As redundant as it may sound we need to at least make sure we all have the same information and not just get fed up and feel people are willfully being ignorant. Even if that maybe the case the best we can do is explain and sometimes reiterate as clear as possible what is going on.
Don’t forget: When the income tax was proposed in 1913 it was only supposed to be for the top 1%. Then the Alternative Minimum Tax was introduced in 1969, it was also only for the country’s top earners. If you think they won’t eventually come for your money, you’re wrong.
@@FirstWardLifer I agree. People have weird things about taxes as if the comment he made is going to set up losing everything in life because 40 years from now the rate may change
@@FirstWardLifer the federal government is $30 Trillion in debt. If you think they can spend YOUR money better than YOU can, you need to start using your brain more
@@upcloselife see above. I also assume that you never considered the very real immediate repercussions of an unrealized tax. If you were worth $100 Billion what would you do? I could tell you that I would just move to a country that has more favorable rules for me. Assuming just a fraction would do the same, it would lead to billions of dollars (and jobs) leaving our country. Just look at Norway. They tried this two years ago and they had more people leave their country in 2022 than the previous 13 years combined.
I am sorry but I don’t know these wise women’s names. But I agree so much with the woman with the hat!!! Why don’t we know who the campaign staffer who got into it with the person in charge!!! A soldier!!! How rude to the families and to our soldiers!!!❤️❤️❤️❤️❤️
Capital Gains are passive income mostly earned by Rich people. Others earn them from sale of home (but tax law allows you to exclude an amount if you lived there for at least two out of 5 year period B4 sale). I imagine the tax rate will be progressive.
@@Mike-jf6im And where did you find this made up stat? Let's play your game. I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers. No middle class person has unrealized capital gains of 1 million dollars. So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame. Who's payroll are you on?
@@Mike-jf6im And where did you find this made up stat? Let's play your game. I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers. No middle class person has unrealized capital gains of 1 million dollars. So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame. Who's payroll are you on?
@@Mike-jf6im @Mike-jf6im And where did you find this made up stat? Let's play your game. I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers of capital gains. No middle class person has unrealized capital gains of 1 million dollars. So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame.
@@Mike-jf6im And where did you find this made up stat? Let's play your game. I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250,000 for single filers and 500,000 for joint filers. No middle class person has unrealized capital gains of 1 million dollars. So where are you getting this stuff? You are just factually wrong. Stop trolling on the Internet for people your income level will never reach.
Homeowners insurance is so high for real estate and auto insurance for the working class and middle class are paying high fees for these items. It makes the American dream is getting expensive. Mortgage payment is so hight because of Insurance being 7000 up to $10,000 and going up. The principal and interest is high enough.
Even with the suggested tax, the uber rich will continue to be uber rich and will continue to live their uber rich lifestyles. This is simply calling on the uber rich to pay taxes like us little people. This will not make them poor, just taxable.
I WOULD LOVE FOR YOU TO HAVE TOPIC ON VICE PRESIDENT FATHER. EVERYTHING ABOUT THE MOTHER WHICH IS OK. BUT, I AM JAMAICAN, AMERICAN CITIZEN AND I WOULD HEAR ABOUT HER FATHER FROM JAMAICA. I FEEL AWAY ABOUT THAT.
Many Black people seem to be against Kamala. We're riding a high right now, but I fear that once election day arrives, it might take the wind out of our sails because of this.
Don't worry. We're going to win. The so called Black voter will show up for Harris. There will be mentally enslaved/challenged Negros that will vote for the white supremacist but it won't be enough.
Thanks!
Very nice show as always...
Congratulations To Young Boy 👦🏿 Knowa De Baraso Having A New Show On The Black Star Network He Like The Unborn Child l Never Had!🔴⚫️🟢✊🏿✊🏿
Recee and Greg are on point with the real. Roland keep bringing the funk
Love the show
So true...please people listen to this panel!!!🙏🏾
Roland I'm reading your book now.... wow what a good read....
You should have took that money and bought some toilet paper instead
@@Mike-jf6im did u read it?!?
@@darden_fitness Id rather look at paint drying
@@Mike-jf6im lol so why are u on his page???🤣🤣🤣 to funny 😁
If people say they don’t know what Harris or anyone else has done instead of getting defensive the push back should be “where are you getting your information from”. We can’t assume they have the same information. As redundant as it may sound we need to at least make sure we all have the same information and not just get fed up and feel people are willfully being ignorant. Even if that maybe the case the best we can do is explain and sometimes reiterate as clear as possible what is going on.
Bring the Funk!
Don’t forget:
When the income tax was proposed in 1913 it was only supposed to be for the top 1%.
Then the Alternative Minimum Tax was introduced in 1969, it was also only for the country’s top earners.
If you think they won’t eventually come for your money, you’re wrong.
Ok cool. I don't mind it waiting until 40 years
@@upcloselife sounds good to me - I don't mind paying my fair share of taxes
@@FirstWardLifer I agree. People have weird things about taxes as if the comment he made is going to set up losing everything in life because 40 years from now the rate may change
@@FirstWardLifer the federal government is $30 Trillion in debt. If you think they can spend YOUR money better than YOU can, you need to start using your brain more
@@upcloselife see above.
I also assume that you never considered the very real immediate repercussions of an unrealized tax. If you were worth $100 Billion what would you do? I could tell you that I would just move to a country that has more favorable rules for me. Assuming just a fraction would do the same, it would lead to billions of dollars (and jobs) leaving our country.
Just look at Norway. They tried this two years ago and they had more people leave their country in 2022 than the previous 13 years combined.
Rolly Rolly Rolly Rolly Rooooooolly 👀.
I am sorry but I don’t know these wise women’s names. But I agree so much with the woman with the hat!!! Why don’t we know who the campaign staffer who got into it with the person in charge!!! A soldier!!! How rude to the families and to our soldiers!!!❤️❤️❤️❤️❤️
Woman with hat is Loren
In this election, Project 2025 is enough to cause me to favor Harris. But for sure I am a never Trumper. It is apparent who he is.
If you flip your camera left to right we will be able to read the title of your book
Are they going to HELP the Poor / Low- income people and the Homeless? We
need help, not just the middle-class people.Wow😃😃
They are referencing you when they speak of moving people into the middle class.
Capital Gains are passive income mostly earned by Rich people. Others earn them from sale of home (but tax law allows you to exclude an amount if you lived there for at least two out of 5 year period B4 sale). I imagine the tax rate will be progressive.
You are clueless, the majority of stocks are owned by the middle class
@@Mike-jf6im And where did you find this made up stat? Let's play your game.
I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers.
No middle class person has unrealized capital gains of 1 million dollars.
So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame.
Who's payroll are you on?
@@Mike-jf6im And where did you find this made up stat? Let's play your game.
I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers.
No middle class person has unrealized capital gains of 1 million dollars.
So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame.
Who's payroll are you on?
@@Mike-jf6im
@Mike-jf6im And where did you find this made up stat? Let's play your game.
I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250000 for single filers and 500000 for joint filers of capital gains.
No middle class person has unrealized capital gains of 1 million dollars.
So where are you getting your "info" from? The only clueless person here is you. And what's worse you got your clueless butt on the Internet and showed it WITHOUT shame.
@@Mike-jf6im And where did you find this made up stat? Let's play your game.
I am certain you couldn't be referring to stocks in retirement accounts because they are not subject to capital gains tax per ERISA. Personal residence sale have an exclusion of 250,000 for single filers and 500,000 for joint filers.
No middle class person has unrealized capital gains of 1 million dollars. So where are you getting this stuff?
You are just factually wrong.
Stop trolling on the Internet for people your income level will never reach.
Homeowners insurance is so high for real estate and auto insurance for the working class and middle class are paying high fees for these items. It makes the American dream is getting expensive. Mortgage payment is so hight because of Insurance being 7000 up to $10,000 and going up. The principal and interest is high enough.
Black institutions should fund themselves,all 48,000 black Americans have the power to do so .
Even with the suggested tax, the uber rich will continue to be uber rich and will continue to live their uber rich lifestyles. This is simply calling on the uber rich to pay taxes like us little people. This will not make them poor, just taxable.
Nobody is talking about inequality!
I WOULD LOVE FOR YOU TO HAVE TOPIC ON VICE PRESIDENT FATHER. EVERYTHING ABOUT THE MOTHER WHICH IS OK. BUT, I AM JAMAICAN, AMERICAN CITIZEN AND I WOULD HEAR ABOUT HER FATHER FROM JAMAICA. I FEEL AWAY ABOUT THAT.
I am sure there is a reason why she speaks so frequently and fondly of mother, and not her father. He is likely to blame for that.
She taking some notes from Muammar Gaddafi. He gave newly married couples homes and money.
Illegals immigrants gone get more than half of those homes she will not say it but it's the truth
Who is that Shaka Zulu ?
Dang roland. Why do you put so many "O's" on muslim when 6ou pronounce it
`Rev. Barber and the people march all the time. Do the President/VP listen to them??🙏🙏
A tax on unrealized capital gains is absolutely INSANE! This will apply to everyone eventually.
THE DUMB PEOPLE NEVER GET IT.
Pay your freakin' taxes!!
They have already turned Gaza into a parking lot and sold land plots there. This has been and continues to be an unserious convo on this show.
Many Black people seem to be against Kamala. We're riding a high right now, but I fear that once election day arrives, it might take the wind out of our sails because of this.
What high? We (Blacks) never voted Kamala in on anything in the first place.
@@prophetuncut I'm in talking terms of the rallies, all the hype she's getting. This certainly isn't for you.
@@julienalexander6113 it's over live with it
Don't worry. We're going to win. The so called Black voter will show up for Harris.
There will be mentally enslaved/challenged Negros that will vote for the white supremacist but it won't be enough.
@@prophetuncut Hopefully you don't think Trump will do anything for the average Black person!
Did she bleach her skin or is that makeup?
Makeup and lighting
She going to send America into a great depression