Sen. Elizabeth Warren and billionaire Ken Langone debate wealth taxes 

Right !! 👍

Yeah, I’m sure she’ll do that right after she cleans up the union school system, and gets public schools under pay for performance contracts versus longevity

I agree we want news without the extras

What part didn't you get?

@@crfolleyify He starts to talk after she explains social security and it cuts off before we hear his brain dead response.

@ Greg Bartell Agreed!

agreed!

How did she make 12 million last year? Does she have a second job?

Lol, good point.

Is this supposed to be some sort of "gotcha"? "You have money and yet you want rich people to pay more taxes! Aha!" It's the exact opposite of hypocrisy.

I’m a cigar smoker, and I criticize people smoking cigarettes. The problem is you’re trying to levy some sort of hypocrisy while saying both types of practices are identical. Obviously, you don’t know the difference. Obviously, you do not know what you are talking about.

She’s proposing the rich pay more in taxes. Do you want a government that works for the people or not?

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Because the money you put in over your lifetime and you live until your say 75 and you retired at 65 you would receive 123 times the money that you have put in

Because you put in less than you'll get

If the government had properly invested the money taken in for Social Security instead of skimming it off for other purposes over the years there would have probably been more than enough in the kitty to make it sustainable instead of kicking the can down the road.

@@edwaggoner7403 And how did you pay over your life time ! Did you start working right after you popped out of the womb! Ed I hope you fine this comment funny 😄

@@edwaggoner7403 mine was funny Ed.Yours was not!

That's exactly right!

You would have like 2000 dollars before taxes. So really only like 1300

How stupid are you ? They do it's in their legally required disclosure forms and duh Einstein its publicly available.

@@rayjay6361 well so is Trump's.

EW was paid $500K to teach one class.

@@kromyzal238 $500,000 whoever went to listen to that Mouth of 🤮Has got to be NUTS-Thays what's wrong with my COUNTRY 🇺🇲😱😱Patty Sue Chandler-Lindquist

@@kromyzal238 Not True… do better!

Exactly

Ask yourself why we can’t be antisemetic

@@actualideas8078 what in the actual hell are you talking about being anti-Semitic for on a post about taxes ?? You're not all there huh ? Smh

They do pay taxes....also relative to that billionaire he is paying nothing at all. Thats the problem. He has more money than all politicians combined.

​@@charleswalls8115 The top 1% pay 40% of the annual collected taxes in the US. Get your liberal friends to join with conservatives for a FLAT 10% federal income tax (with zero loopholes). That means ALL BUSINESS, ALL SELF-EMPLOYED OR CONTRACT WORKERS, ALL EMPLOYEES - everyone pays the same rate with ZERO deductions from that amount. Not ONE leftist democrat would vote for it. Why? Because a flat tax would take away Washington's power over the people! The IRS would be shrunk literally 80% and basically be nothing more than tax collectors for businesses and business owners! No more audit's for employee's at all. Gross pay X 10% = tax owed. D.C. WILL NOT DO IT!!!

She’s just so disingenuous.

Elon Musk will pay 💰 more in federal taxes this year than liberal big mouth Pocahontas a.k.a. Elizabeth Warren will make in her lifetime. Massachusetts deserves a better senator than lying 🤥 Elizabeth Warren.

She's EW, Ew,ew, yucky...

Abolish insider trading by Congress insiders, with serious fines and prison terms, like what Martha Stewart faced but more severe, as they should be upheld to a much higher ethical standard.

Rest assured, the threshold is below where it would affect her. The reason congress doesn't cut social security from fat cats? Because she would be affected by this and she wants her social security. It's all about me! Congress is no different from anyone else. This is all about Jeff Bezos, Elon Musk and Congress's envy they don't have that money.

You wrote: "I wanted to see what he had to say to Warren as his reply. Of course CNBC had to cut it out to make it seem like Warren had the last word." It was nearly 50/50 in time slightly more for Warren. If the old rich turd would have been directly to the point instead of doing a sermon, they might have rebutted longer. But I get it. Like Fox news you wanted to give 2/3 of the time to the rich guy.

@@lancecarona2554 You mean the "old rich turd" whose company has made millionaires of thousands of investors?

Warren is one of the biggest liars in congress.

He was going to tell her that none of us "sign a contract" for social security. The government simply confiscates the money from the employee and the employer.

@@toddshupe4887 That is correct .This is why people reach the age of retirement or become disabled and they want the money that is rightfully thiers.Sadly if you become disabled you usually must hire a lawyer just to get approved,and those lawyers are experts at getting it for people that dont really qualify for it too.

Or donate it to charity

That’s like saying that the Republican Senators and conservative news anchors could have turned down getting the vaccine, but that’s not the point. Changing our laws, making money and dividing our country by constantly acting like victims is.

The rich stay rich by taking advantages of the laws he didn't write

Here we go 80 year old man billionaires wearing man diapers want to rule the world. LOL😁

Larry, actually he can't. But, he could donate it since it hurts so much for him to receive it.😝😝😝😝😝

Please

@@zeeky3875 Double Please!!

Pretty sure Langone didn't have a good rebuttal.

@@wm6549 My suspicion as well... just want to see the carnage.

she did a real good job as usual this morning, none of these bozos can hold a candle to her way of thought, good luck finding the video I'm sure CNBC made sure its not online.

Exactly what I thought, they like to equate what is probably random good luck alongside system bias as evidence they are smarter, more deserving than the majority...when in fact they are mostly ignorant, receiving only filtered feedback to stroke their egos...she certainly educated him and it was a bit of a shock for him!

amen brother - thinking the same thing. he sounds like he worked for Tony Soprano at one point.

Yea! Only stupid people become billionaires.

@@hellovicki6779 well said

@@user-hf2dr7sh4y Actually, the goal is to call social security an entitlement program so it is easier to get rid of it. Imagine someone who is a billionaire actively trying to get rid of the retirement of people. What a psycho path. The long game for conservative billionaires is for everyone not to have social security and instead give everyone a 401K to put more money in the market.

Gotta make sure their as far out of touch from reality as possible.

Yea that was quite cringeworthy coming from a Democrat. I'd have expected that kind of terminology from Trump republicans.

The right never complains about the hundred year old white guy with millions of dollars made off the sweat of Americans just complain a bout the Democrat. You're not part of any kind of solution just complaining losers.

@@johnnyz5857 Jealousy will get you nowhere. How about you invest your life into a business then give away every cent you make? Oh, thats right, you would never do that. Try movibg out your moms basement, and paying taxes, you might get a real world taste for once in your life.

@@dtown5257 I own a mercantile business in upset NY you insignificant schmuck lol.

She wiped the floor with Langone. You maybe should watch again.

That was one of the greatest responses I've ever heard someone tell their government!

Oooo thats good.

Kerry was the man!

She taught disabled kids before getting her law degree. She then went on to be a lawyer for many years, went back to education, served several advisory roles and then eventually ran for office. Seems she’s had quite a few jobs and probably had a number of positions beneath her that depended on her ability to generate business. You may want to believe she’s some know nothing politician, but she provided a lot of value to society for most of her life… and in my opinion, provides a greater value now.

@@jerrycooper2306 her jobs were off captive consumers

Indeed. The wealth tax is one of the stupidest ideas I've ever heard of. An increase in your wealth is not income. If the value of your house increased from 200k to 220k one year, it's true your wealth increased by 20k. The math checks out. But to be asked to pay taxes on that 20k increase in your wealth is ridiculous. It's also the case that you can now borrow more because your house (collateral for the loan) is worth more. This does not mean being taxed on that 20k in net worth gain is the right thing.

@@chessandmathguy average person does not even know the difference between net worth and income.....how many people think bezos has 180 billion dollars in a bank account somewhere lol

Then the minimum wage needs to be raised, because this is what fuels wealth creation and entrepreneurs.

Sure . Let’s just tax the stupid COMMONERS . They will never figure it out .

She is fake and wether or not a person tells her that to her face is not effective. She is a child! At some point everyone said, "I KNOW YOU ARE BUT WHAT AM I? Then the dem's responded, "Well, that sounds like a good point!" That is in effect, comparing apples to anything else that isn't a fruit.

Maybe, this is a pre-planned video by the wealthy?

@@elmerkilred159 which means Elizabeth is a sellout

When people start defending the very rich you know they know nothing of God's kingdom of love.

@@JohnJakeWilliam You're right... no they don't.

They already do with price gauging and using inflation as a cover. That argument has been used over and over. Taxes were enormous 60 years ago and our parents/grandparents were better off then. So, please, that argument has no teeth

You prefer the ones saying windmills cause cancer, or those with concepts of a plan for healthcare. You’re a 🤡

1. it’s a perfectly legitimate question. 2. She’s full of sh_t, and so are you for believing her. Why don’t millionaires get food stamps? They make too much. Why should they get SS, an already strained system where less is coming in and more is going out?

@@tioswift3676The wealthy would surely find a loophole if the government were to nix their social security payout... and let's not forget, the government (SSA) accrues a ton of interest on that money.

@@Mrrlamb1 - Probably, but how many would actually put in the time to chase that $1000 monthly check, it’f they’re worth 100 million? That I’m not sure about. Personally, SS should be withdrawn after a certain level of income and assets. Just doesn’t make sense to me.

I've got coworkers making 200k per year and getting disability from their time in the service because they're heavy set.

@@tioswift3676 Because they paid into it just like everyone else when they made their money. Are you saying rich folk should pay for your social security?

Langone is all wrong about this. If the IRS starts means testing SS payments, it will start with guys like Langone, but in a few years, every retiree who has a few dollars saved will be losing pieces of their monthly check. SS payments will be another transfer payment system for people who are broke. The people who worked hard their whole lives and saved a little will get zero.

@@toms641it sounded like he's trading his social security for not having to pay that part of payroll taxes for the employees of home depot

um no. Warren wants to tax unrealized gains. The variable tax brackets help the government control the fairness of wages. Even then the wealthy are the only ones really contributing to the government. Moving the top 1% earners taxes down from 37% to 20% would mess up far more. States get to adjust it as well. There are many ways to adjust it and saying 20% for all is ridiculous AND you got 5 likes so I had to chime in.

Flat tax would only hurt the middle class and lower. All the rich can afford the best tax lawyers to get around it. Tesla and Amazon claimed losses last year to pay zero. Putting everything into stocks and moving money around is always their game. If you want things to be fair all around then it is the tax code that needs to be abolished and rewritten.

Lobbyists for the tax lawyers and accountants would never let it happen.

@@easymoney7007 My game too. Are you poor? If so do you blame others and are you a victim? Heh now.

@@davidburkholder7360 What's your definition of poor and why do you ask? Better question is what do you think of the solution/idea offered? Don't do the immature Liberal move of hurling insults while not adding to the discussion.

@@bt9765 Wow don't be sexist bro. Liberals always talking about men owning women... SMH

@@bt9765 Dawg, don't come here with that weak crap and then call the response weak.

She is a liar, big time.

@@bt9765 Who the hell is Benjamen?

And you know that because she was wrong about what?

Yes politicians are awful with money. I mean down right awful with money. Its rude to not be conservative with other peoples money. Joe biden is the biggest inconsiderate jerk with our money. Reckless.

@@jakepadgett5569 people are literally being taxed into poverty

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The key to its near universal popularity is its universal coverage.

Yea it should

Trust me they will add a phase-out some day and I bet Warren will support a phase-out on that day.

@@daydynasty5529 I’ve been hearing that since I was 17 and I get it now. All we need to do apply FICA tax to all income rather than having a cap.

@@michaellee8815 if you want to exclude people of a certain wealth class, you have to do to ahead of time, not after the fact.

It's not actually, everybody working today is paying for people on Social Security Now

@@arthurbrown4984 do you understand how time works?

@@arthurbrown4984 I think you're missing how this works. The GI Bill works the same way. Every basic trainee that signs on for the GI Bill pays into it for the first 12 months of their enlistment. When they decide to apply for GI Bill benefits they are pulling from a program they paid into. Because there are millions who pay into it, you are able to reap returns at least 50xs on the 1200 total you invested. No, it's not the exact money they put into it, but they paid into it to be able to pull from the program if/when they decide use it. If you never paid into it, you never get anything from it. So maybe the wording "getting your money back" isn't concise, but it's the same concept with SSI. You pay into a program that when you meet requirements to pull from it, you can. If you never pay into it, you can never pull from it. Another way to see this is with banks. When you make or receive a deposit and the funds just sit. When you go to use those funds later, there's a good chance YOUR actual deposit is gone to the person who got approved for a loan, but when you need money, you get money and say it's your money from your account, right? Same thing. It's really not your money, they've used your money. You are now receiving funds from a generic pot. Your account simply shows your contribution and usage of the pot. (Interest is how they say thanks for letting us use your money. Fees pays the bills. Investments loans, and things of that sort yield profit. They play with your money to do that and break you off a piece.)

@@arthurbrown4984 Taxes will rise as the workforce slims. You receive SSI for quite sometime (generally until death) after reaching eligibility and no longer working. If the size of the current workforce can't pay for it at the same rate, then SS taxes need to increase.

@@heathenshitshow5362 He like most people don't understand how this works. Everyone pays in as it is a rolling system taxes, cost of living all that changes to reflect the different pay scales in the future.

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I think you’re the first person I’ve heard question Warren’s intelligence... what a dunce.

Ya she's so smart she lied to get into Harvard and stuck with the lie to benefit herself. Yet you liberals eat it up.

Big banks are donors to the Democratic Party. That’s why.

Nah they need to stop giving out fed student loans, period, end of story.

They suspend the interest rate for almost 2 yrs because of the pandemic.

The good folks in DC rarely do anything that makes sense 🤨

Todays interest rates are insignificant. You have no idea how lucky you have been to live in single digit inflation. Unfortunately, you are getting ready to find out what double digit looks like.

He just asked the federal government to keep money he is legally entitled. The man is an idiot.

Democrats don't want a prosperous country or constitutional rights and they don't want freedom of speech. They want to pay three times more for gasoline, food, and rent and they want our children to be taught racism in school. Democrats want millions of illegal immigrants pouring into our country each month. They are glad that Biden is hiring 87,000 additional IRS agents to persecute us

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Companies don't like to pay high wages and benefits and they will always cut them as much as possible. It has been shown many times that just what their financial reserves are is surprisingly irrelevant in this. And you do need a minimum wage to protect employees. It won't be passed on to consumers though. Because the taxes are on profit increasing the profit margins only means you will pay even more tax. Instead a profit tax usually causes companies to lower their prices to sell more units. Companies always try to bring in as much revenue as possible and that is always a balance of units sold and profit margins. If you put taxes on the profit margins and force them down they will try to sell more to make up that difference which means lower prices and also usually more jobs.

Usually tax cuts for corporations lead to layoffs. Since it means corporations no longer need to be as productive to bring the revenue for their shareholders. Increasing taxes means they have to hire more people and work harder. You can indeed end up with bad result if you make a law poorly and don't account for things. But bad laws are about incompetence and/or corruption.

It is an entitlement

@@joellamas184 I am currently drawing Social Security, after paying in for 40 years. This is NOT an entitlement; it is my money coming back to me.

@@duncansalmon5718 that's why it's called an entitlement. You pay in, you get it back. Thusly you're entitled to what you put in.

workers got paid what they are owed. Business are owned in the same way houses are owned. Workers are literally contracted help. They are not entitled to equity in the same way the gardener or landscaper isnt entitled to equity on your house. He absolutely made all of that money legally. Whether you think the legal system is moral is trivial. You arent allowed to enact laws that act as punishment for people who have done nothing illegal

@@jepper6140 Sounds like you slept in history class. Top tax rates were much higher. Anyone who has studied history knows when the level of inequality gets to such extreme levels then you can expect change.

@@catcaves You need to focus on the issue at hand. Your talk about rates of different types of taxes is immaterial. We have never had a wealth tax in the United States. The wealth tax is impractical. There is no way to accurately measure the wealth of private companies. Youd be relying on appraisers. No consistency or fairness in that process. Especially if you make the wealthy pay for their own appraisals. In history the wealth tax has failed in numerous countries and the countries that have it today have rates that top out at 1%. The rest are lower. The logic behind the wealth tax is flawed. You do not increase wealth by stealing money from rich people and handing it out to the poor. You merely redistribute it. There is no evidence that redistributing wealth significantly increases economic growth in fact it merely decreases the incentives to create wealth in this country. The wealthy will move their assets off shore as they have in history.

the greed is wanting somebody elses money without earning it.

@@victorhopper6774 You mean like these rich as*holes and big corps “wanting” corporate bail outs (and tax cuts ) using public tax dollars that they paid nothing or very little into?🤨

@@TheRTM yes every food processor should have went under

Payroll taxes? State taxes? Healthcare taxes? 401 taxes? Property taxes? What they are only referring to is FEDERAL TAXES. If you think amazon isn't paying PAYROLL tax among 10 other taxes then you are not looking into this very hard

@@NLC519 they like repeating it because the economically ignorant think it means rich people pay 0 taxes whatsoever. It's semantics the left like to use to stir people up. Rich people pay the vast majority of the total taxes in this country

We have both. 1) Make rich people pay their fair share 2) invest in healthcare, education, and affordable housing. Then let's talk

@@richarddefortune1329 no

@@richarddefortune1329 The rich do pay their fair share. In 2017, 143.3 million taxpayers reported earning $10.9 trillion in adjusted gross income and paid $1.6 trillion in individual income taxes. The share of reported income earned by the top 1 percent of taxpayers rose to 21 percent, from 19.7 percent in 2016. Their share of federal individual income taxes rose to 38.5 percent, from to 37.3 percent in 2016. In 2017, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent. The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent). The top 1 percent of taxpayers paid a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent). And if you want affordable health care and college simply get the Government out of it then the competitive nature of the Market will drive costs down. See for yourself that when Government got involved as 3rd party payer costs exploded in healthcare and college.

@@richarddefortune1329 The United States reported record tax income after Trump tax cuts…. But he and every politician for probably the last 50 years have spent more than they have taken in …. Bill Clinton had a year or that did not show a deficit but that money was taken from social security so in fact they did overspend. Both sides of the aisle are responsible for all of that.

@@Slim- if I make $100 you make 10m. I pay 30% of my income you pay 1% of yours, uncle Sam will collect $100,030. You would have paid 98% of the money collected. Did you pay your fair share? Before Obamacare, (greedy) insurance will deny coverage or charge you exorbitant premium based on preexisting conditions (they are the ones defining what that means). The list goes on and on. Therefore, to provide an affordable Healthcare, we should get to the single payer system. Medicare has a low cost to function, most of the money goes to people in need. Denying help to people in need while paying $50 millions to a CEO is just immoral. You should know that.

Agreed

She’s absolutely right . And Ken lag one is a typical pig 🐽

Same here Hi Karen

Ok Donald Jr

@@damanhagene1736 Senator Pocahontas is funded by Amazon.. Surprised to see her bashing Bezos so brashly considering he got her where she is..

its not bezos fault the fed has interest rates so low.

Because that's what you do when your opponent in a debate resorts to red herrings and bad faith arguments and makes no effort to understand your position.

@@tl6690 help me out w an example of the inappropriate debate tricks you saw?

Sweden? New Zealand?

Well in terms of the socialism that many uneducated Americans are opposed to with regards to benefits to the average citizen at the expense of the ultra rich (ie. wealth taxes to pay for universal healthcare and education programs) - Sweden, Norway, Denmark, Finland, UK, France, Germany, Australia...basically every other developed country in the world.

@@lotto5742 wrong, not a fully functional Socialist country

They have some Socialist systems but are not a completely Socialistic.

@@jimjom9297 wrong on all counts. Nice try though.

They do. Art taxes are notoriously hefty but billionaires tend to find work arounds. I’m not sure if you ever watched the movie Tenant but there is a scene where they go to an airport hanger where art is stored and declared in another country to avoid the taxable event. These are real business that own or manage private airstrips and hangers in order to shelter taxable art

@@rickyrelease9665 yes that's true but also these people buy art under the table or for charities and write it off all the while owning a priceless investment

@@rickyrelease9665 “find workarounds” aka Bribe our politicians to ignore it. They are just so smart.

@Identity Unknown the super wealthy dont even pay taxes fool

@Identity Unknown where do you even come up with 10%? Do you even have any clue how much tax revenue that will, (or won’t) bring in? How about we all just pay taxes in sunshine and fairy tale currency? Is this even enough to cover the basic operating costs of the government? Your tax policy will instantaneously crumble America’s military and infrastructure. It must be nice going through life like you do, you think you have the whole world just figured out. That solutions to complex issues are so incredibly simple because you go through life not fully comprehending an issue or it’s consequences. You have the rationale of an adolescent child trying to justify for mommy to buy them another toy.

She was a University Professor for economics lol. She is smart and knows what she is talking about.

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Capital gains would be the best it hits the super rich and the poor equally, if you do your research and make wise investments you will do great, if you just give your money to Fidelity "the dumb money" your already getting screwed you just don't understand it.

@@northwestgardener5076 nah becuse capitol gains would hit the middle class and poor as well. Wealth tax is much better

Capital gains tax cannot be a flat rate. it should be bracketed as well. Folks that only live off of capital gain income live a whole different kind of lifestyle

@@user-fb6hy2eh5y why should it be brackets? That will just give the rich a loop hole. Flat rate with no exceptions makes everyone pay fair. Brackets are why the Billionaires don't pay anything now. We need to be fair and if that means granny has to pay $20 on the $2000 she made so we can get a few billion out of Bezo, Buffet, and Gates well granny is going to be just fine.

@@northwestgardener5076 I think granny getting $2000 a year vs. granny making $100k a year in cap gain should be taxed differently. Chances are the granny making 100k has a huge principal balance

Because they are. Pre-social security, seniors where dying of starvation.

What about the younger people like me who won’t even get their social security payout? We’re never going to get that money back. How is it fair to redistribute money from a poor generation with a lot of debt to the richest generation in human history?

@@sovietsandvich8443 it is solvent till 2030 all Congress has to do is fund it. Stop voting for Republicans and right of center Democrats and social security will continue to be funded.

@@Pontiakos you’re dreaming if you think we have the money to fund it for the next 60 years. It seems easy for congress to fund it when they just borrow and print the money. Unfortunately that is terrible for our economy and will only make things worse. But tell yourself whatever you have to to continue taking money out of the pockets of low income young people

...lol so as usual, the liberal is the victim.

It’s “like” an insurance policy. No one was ever promised a specific benefit just like no one was ever promised a cost of living adjustment, but it’s there.

@@davidreidenberg9941 Yes but Warren is arguing against means testing for the wealthy in calculating SS benefits. She uses the analogy of an insurance policy which you and I seem to agree is incorrect. So the wealthy, many of whom can retire when they want actually get higher benefits (because of their higher income) while everyday working people have to retire later and get lower benefits. Lower benefits for lower income people who are less able to save for retirement is the dumbest thing about how SS works.

Senator Warren loves being on television. Come on man!

Bezos sells a few billion a year in stock to fund Blue Origin. As long as he's not selling like 10% at a time the stock won't feel it much long term.

You clearly know a lot about financial markets

@@joaovieira4785 he's right though. Free money from the fed😁

That's what capitalism is its socialism for the rich.... just like Republicans fighting against minimum wage going up cause they say prices will go up but guess what there going up regardless....

@@bigsteppa2200 prices are based on more than labor costs. Labor costs just have the largest effect because they're the largest chunk of spending in a company

@@bigsteppa2200 bro minimum wage is a socialist idea.

@Home 2 Sky I totally understand what your say it's hard to not agree completely but the trust issue with our government comes down to the people that we vote in the caliber people we send to Washington needs an upgrade no more should we send them back for four five six terms they don't produce after one we should just continue to get new candidates until we get the right people in the right positions that's unfortunately a different discussion and a good one . But those who's hit the highest of income bracket should excluded from collecting just like tax credit having income limits to qualify for , Congress has no will but for a handful of old old school leadership running things with no intentions of changing anything maybe more Crazies like AOC can loosen things up 😁

@Home 2 Sky Social Security doesn't hold any funds. Current benefits are paid out of current taxes. If tax revenues exceed benefits paid the excess is loaned to Congress and spent on anything Congress chooses. The only asset held by Social Security is promises from Congress to repay the borrowed money. But the only way Congress can repay that money is to borrow, tax or inflate. Social Security is not a savings or investment plan. As for benefits for rich people who don't need them, Congress and Senator Warren do not want Social Security to be perceived as a welfare plan for lower income people, not matter how much it might already be considered exactly that by anybody with a little sense.

Its just a smokescreen. That money is pennies comparatively to the wealth of the individuals involved. It is such a pointless thing to bring up when talking about wealth taxes lol.