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Tax the Rich; New Tax Havens; Washington Insiders; Dialing for Dollars | 60 Minutes Full Episodes 

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Lesley Stahl’s 2010 report on the battle over taxing the rich. From 2011, Stahl’s report on corporate tax rates. Steve Kroft’s 2011 report on insider trading by members of Congress. And from 2016, Norah O’Donnell’s report on congressional fundraising.
#60Minutes #News #Taxes
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0:00 Introduction
0:11 Tax the Rich
13:45 The New Tax Havens
27:17 Washington Insiders
42:29 Dialing for Dollars

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20 май 2024

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Комментарии : 615   
@josephwinslow7613
@josephwinslow7613 Год назад
We have poor American citizen who had joined our military and put their lives on the line, fight and died, to protect our country. But we, also, have rich businesses and companies who open their headquarters overseas to avoid paying taxes. The poor is also made or asked to carry burden.
@c2819fnf
@c2819fnf Год назад
It’s such a joke. Tax the people that buy lobbyists. Lol.
@ClassWarVeteran
@ClassWarVeteran Год назад
Rich Man’s World ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@jkacz9466
@jkacz9466 Год назад
Bingo 🎯, It is a joke. Red or Blue, What's the difference. A one party system with two factions.
@kayt9576
@kayt9576 Год назад
Lobbyists for all corporations need to be limited. There are 3 lobbyists for every congressmen and senator in U.S. government. How lobbyists does oor citizens have?
@learndo7405
@learndo7405 Год назад
Tax the heck out of lobbyists. They're all a bunch of greedy lawyers anyway.
@100perdido
@100perdido Год назад
This aired in 2010, The national debt was 13 trillion. It's 32 trillion now.
@Beastzeus12
@Beastzeus12 3 месяца назад
34 now
@user-fn9os7gp4w
@user-fn9os7gp4w 2 месяца назад
This comment was posted 1 year ago, today March 21, 2024 national debt is 34.5 trillion
@zacbishop9003
@zacbishop9003 Год назад
TAX THE POLITICIANS!!!
@GPWGP
@GPWGP Год назад
You obviously didn't make it past the 9th grade
@CreatingAlong
@CreatingAlong Год назад
It should be illegal for a politician or a politicians spouse to purchase stock while in office.
@theman44ful
@theman44ful Год назад
They do lmao
@Taurusboy07
@Taurusboy07 Год назад
No matter how much this matter is dissected, it all results to GREED!!!!!!!
@carolynmorris7303
@carolynmorris7303 2 месяца назад
Worse than that!
@kayt9576
@kayt9576 Год назад
I dont think that taxing incomes over $250.K , a rich mans tax rate at 30% is outrageous.. After WW2 the top earners had a 50% income rate 30% is not to high at all
@rewardilicious
@rewardilicious Год назад
What about before WW2? And do you realize when they had insanely high taxes in the past, they had more loopholes? Also I'll never understand how people want to have a higher percentage tax for the rich. Percentages already scale. If someone makes 10 billion dollars, and they pay 20% that's 2 billion. If you make 50K and pay 20% that's 10K. The billionaire still pays 200,000x more. If you guys want meaningful change you have to be fair. Flat 20% for everyone, all loopholes cut out. And the poor will already get government assistance so their effective amount of money paid falls naturally that way when they get let's say 10K worth of benefits.
@hairyjohn5825
@hairyjohn5825 Год назад
Corporate and government greed is the real problem.
@ClassWarVeteran
@ClassWarVeteran Год назад
Then let’s change the system that inherently gives rise to this and even incentives it. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@AmericanTeacher-USA
@AmericanTeacher-USA Год назад
Alex Murdaugh.......
@randibgood
@randibgood Год назад
​@@AmericanTeacher-USAThat was individual greed.
@kmlund42
@kmlund42 Год назад
The greed among the rich is gotten out of hand and so sick of it.
@giuffre714
@giuffre714 Год назад
Can you provide an example?
@jamesbillingsby8043
@jamesbillingsby8043 8 месяцев назад
@@giuffre714 Watching CPI go up 500% since 1970 while wages went up 80%, profiting from the increased CPI. Neglecting to pay fair wadges, now we lost the middle class.
@giuffre714
@giuffre714 8 месяцев назад
@@jamesbillingsby8043 Didn't people make $5 an hour in 1970?
@SandyWolf-
@SandyWolf- Год назад
I'm about to turn 59 on the 17th of this month and I've been watching this show I'd say for at least 50 years! ty for excellent programing and congratulations on the success of staying on the air!
@M.M0709
@M.M0709 Год назад
Wishing you not only a Happy Birthday on the 17th, but many more years of joy!
@SandyWolf-
@SandyWolf- Год назад
@@M.M0709 thank you!😁
@leonardjoseph6309
@leonardjoseph6309 Год назад
Very true 🙏 they did really good.. happy birthday to you on the 17
@ldIezz
@ldIezz Год назад
happy late bday
@markmadsen6828
@markmadsen6828 Год назад
The Gov. PAYS them to stay on AIR... In 2023 anyway...
@jonathanself3474
@jonathanself3474 Год назад
This is one of the most anger inducing videos I have seen about politics recently.
@genepozniak
@genepozniak Год назад
This was from 2010. Things have changed.
@mshellasotoms7426
@mshellasotoms7426 Год назад
if they have headquarters outside of the USA, to be able to service the USA, they have to pay taxes
@bdanner302
@bdanner302 Год назад
ohhh but your going to raise how much it costs to go on a cruise! its everybody's RIGHT to go on a cruise 🤣
@rewardilicious
@rewardilicious Год назад
You think they don't pay other taxes to service the USA? Import taxes. Payroll taxes. Sales taxes (which they collect and pay.) Capital gains taxes for the shareholders (double tax.) Property & TPP taxes on their assets here.
@nanizon
@nanizon Год назад
@@rewardilicious Obviously they do not pay large enough Import Taxes!
@liferx4343
@liferx4343 Год назад
The rich have a disproportionately larger amount of income. They generate revenue with just their income because it's so much. Also, not everyone but for the rich there are so many tax loop holes and was around paying taxes. The wealthiest Americans may be avoiding $163 billion in income taxes every year, according to the U.S. Department of the Treasury, as sited on CNBC. Unfortunately our country is headed to dark times with devaluation of the U.S. currency and a large budget deficit. Yes the problem needs to be fixed at it source, however with working class Americans already struggling to get by, it's time everyone do their part and that means the rich paying more taxes.
@bcase5328
@bcase5328 Год назад
The top 10 to 20% are holding a lot of funds out of circulation. The gap between the mode mid-point and the top 10% is too great. More than 50% of the US population should be within $50,000/year of the mode mid-point. The middle is hollowing out. That is bad for our society. Not having a broad and deep middle is unstable (like banana republics). It doesn't matter if the US corporate tax rate is 30%, if there are so many loopholes that they are paying less than 1%. Maybe shareholders and bonuses to executives should be held until the company pays 20% of the annual revenue in taxes. When the company is so profitable, then executives get bonuses and stockholders get dividends.
@randibgood
@randibgood Год назад
​@@bcase5328Yes. When a supposed "billionaire" can pay $750.00 two years in a row and even pay $0.00 some years, there are TOO many loopholes and tax breaks. They should also lower the threshold for inheritance tax, heavily tax money that is "kept out of circulation", and revert back to the '70's (I think that's when it changed?) era percentages for the ultra wealthy, somewhere in the neighborhood of 70+%
@STELLASCUTENESS
@STELLASCUTENESS Год назад
You have no idea what the tax code is, how it works, or the incentives built into it. If you did, you wouldn’t say such ludicrous things.
@liferx4343
@liferx4343 Год назад
@@STELLASCUTENESS Why don't you enlighten us oh all knowing?? Of course you can't because there are loop holes the rich have like the SALT deduction and also borrowing against their own stock which isn't taxable. It sounds like you don't know the tax loopholes that exist for the rich or you don't want to admit to them.
@leonh619
@leonh619 Год назад
@@randibgood EXACTLY... I live paycheck to paycheck, make just over $30k/year, have no savings, and pay WAY more taxes than that!
@HTV-2_Hypersonic_Glide_Vehicle
3:19 if you think that is big, the Total Unfunded Liabilities is more than $180 Trillion. Liabilities towards the government equally spread out to every citizen of the United States would leave every citizens to pay more than $543,000 to the U.S. Government to eliminate the Total Unfunded Liabilities. We can't go on forever like this. Rising liabilities and a decreasing workforce is a recipe for disaster for the future of the U.S.
@war8036
@war8036 Год назад
“Soft corruption” that’s a new one
@AlicePeabody
@AlicePeabody Год назад
Lacking an awareness of humanity, fairness, and justice, all I can say is that I am so grateful to not be holding their hand on their judgment day.
@Jon-fx9iq
@Jon-fx9iq Год назад
just pay your taxes. quit being so damn greedy. you already are rich and live a top-notch life.
@Peacefulwarrior975
@Peacefulwarrior975 Год назад
Taxing the rich needs to be implemented nation wide, while tax cuts for the middle class also needs to be implemented nation wide. The answer is simple and obvious
@slicktheslickster
@slicktheslickster Год назад
If that was done, the politicians who voted for this measure would be out of a job. Guess who votes? It's not the middle class.
@oldcat87
@oldcat87 Год назад
Won’t happen. They will tax middle class more without touching the rich. The only thing middle class can do is to move to Florida and Texas where there are no state taxes
@Peacefulwarrior975
@Peacefulwarrior975 Год назад
@@slicktheslickster everyone I know votes… regardless of their class
@timallison8560
@timallison8560 Год назад
we have a deficit that is on the verge of sinking our country, we cannot have any tax cuts, the only way out is to tax the wealthy and cut government spending.
@mapples007
@mapples007 Год назад
Show me a congress that has ever been less than 90% millionaires. They're not going to vote against their own interest. That's for republican voters.
@diannadima7082
@diannadima7082 Год назад
Our government has forgotten about their constiuants. We put your where you are at. You owe us, the American people. You owe us to do your job and legislate and get to work for America.
@dianadzudza508
@dianadzudza508 Год назад
In your dream….
@djp1234
@djp1234 Год назад
The most important thing is to get rid of all the tax loopholes for the rich and corporations. We need to vote more people like Bernie Sanders and AOC into the government. People who actually work for the middle class instead of the billionaires.
@puddinjr1121
@puddinjr1121 Год назад
The rich will always be one step ahead and figure way to move the money to not get taxed. I don’t blame them either, if I were in their shoes I’d do the same exact thing. Even if a rich person couldn’t move the money you can only tax them but so much before all his wealth is gone. Then who will you tax? Ah yes, right back to the people who are already footing the bill. The middle class. You don’t need an economics class to figure that out. Yeah socialism is all fine and good until you run out of everyone’s money. Then what????
@blueman1470
@blueman1470 Год назад
You are not making sense. They are hiding the money for the tax breaks, so lower the tax rate and get some money back. Bernie Sanders makes great talking points, but I will not work at any practical level. The politician thing is beyond corrupt.
@Corkfish1
@Corkfish1 Год назад
Lol!!!!! Yeah that would be the end.
@8StringKeith
@8StringKeith Год назад
🤮
@djp1234
@djp1234 Год назад
@@Corkfish1 that would be the end of corruption and screwing over the middle class
@dembeesandgaa8008
@dembeesandgaa8008 Год назад
It all comes down to the inability to change or new way of thinking. No one dares to challenge the system. A lot of these politicians have self interest and short term vision We need not only a powerful leadership but also group of people who needs to support the change
@valentinanino8292
@valentinanino8292 Год назад
we need an entire united states system reset so that this corruption can be dealt with and laws need to be made after to ensure this hateful crap does not happen again
@mshellasotoms7426
@mshellasotoms7426 Год назад
Some of these agencies should be investigated, they might be committing fraud
@DrDetfink
@DrDetfink Год назад
He says taxing the middle class? Oh local governments are doing plenty of that already.
@ClassWarVeteran
@ClassWarVeteran Год назад
Rich Man’s World ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@isaac.anthony
@isaac.anthony Год назад
If you're getting taxed it's because you're not rich enough, or not smart enough. It's EASY to hide money and assets if you have the right accountants and lawyers, so are you dumb or wannabe rich and just aren't?
@chrisgoetsch1964
@chrisgoetsch1964 Год назад
Bottom line, they pay the taxes or someone else will start up a company doing the same thing here and we stop buying that product that screws our tax system .
@freighttrain1695
@freighttrain1695 Год назад
How does a nation of billionaires not contribute to the tax burden shared by everyday Americans?
@chrisbarbera4121
@chrisbarbera4121 4 месяца назад
Cuz they don't make income.
@daveretash9153
@daveretash9153 Год назад
This explains a great deal.
@american_woman
@american_woman Год назад
Hi Lee and Paul! Just wanted to share that these crimes actually have become pretty common since the lockdowns three years ago. I've kept up with current events voraciously since March 2020. The "Why Me" question has an answer: This is the new norm until things change and we need to get more people, especially naive people to understand that. I live in a suburb of DC; I have been in DC and/or DC adjacent for 12 years and no longer go out at night. My neighborhood has severely deteriorated. It is not unusual for carjackings; gas siphoning; catalytic converter theft; and random gun assaults to occur. I wish there was a way for me to convey to both of you and your friends to understand that it has never been this bad in my lifetime (age 49). I was definitely worried about you and Paul in St. Louis. Used to love that place... just please get your friends to understand the world has changed and to look into current events for cities they are "nomading" in.
@NYyankeeboi
@NYyankeeboi Год назад
Its not just DC that crime is out of control, its happening all across the country. With more and more law enforcement budgets being cut, you will be on your own, buy and gun and learn how to protect yourself and your family.
@nativetexan53
@nativetexan53 Год назад
Start taxing the Execs!
@chrisgoetsch1964
@chrisgoetsch1964 Год назад
Or the US heavily taxes ANYTHING made in another country by a company that is stationed in the United States
@oldcat87
@oldcat87 Год назад
The huge state taxes in New York and California are driving people to move in flock to Florida and Texas.
@donaldbingham8990
@donaldbingham8990 Год назад
I wonder if the CEO who said the WA income tax would cost his company $50,000 and that would stifle his business knows how absolutely stupid that claim is. $50,000 is what he pays just one, repeat just one, professional employee.
@letstalkaboutit7734
@letstalkaboutit7734 29 дней назад
He’d have to lay that person off to pay the tax bill
@justbenice72
@justbenice72 Год назад
Corruption is the order of the day meanwhile we the people suffer.
@SharkGamingCat
@SharkGamingCat 9 месяцев назад
My parents love 60 minutes news magazine
@DanScottOTH
@DanScottOTH Год назад
The 2017 tax bill eliminated essentially the 2nd story. Through BEAT and GILTI, the profit shifting to lower tax countries is gone. Also cash is no longer parked overseas primarily for US tax reasons
@ClassWarVeteran
@ClassWarVeteran Год назад
Rich Man’s World ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@Krugzug
@Krugzug Год назад
Someone should send a book explaining how a fiat currency works through MMT Economics.
@jojogurl83021
@jojogurl83021 Год назад
YES!! LEAVE THE POOR ALONE!
@ClassWarVeteran
@ClassWarVeteran Год назад
Rich Man’s World ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@ClassWarVeteran
@ClassWarVeteran Год назад
There’s literally an entire prison industrial complex and militarized police forces specifically made for the poor.
@diannadima7082
@diannadima7082 Год назад
This is a mega amount of corruption. My God I cannot beleive this. Thank you 60 minutes.
@XR650L_GUY
@XR650L_GUY Год назад
Can't tax us poor workers.we already have nothing
@jrkc9218
@jrkc9218 Год назад
I’m sure I would LOVE to pay the Swiss tax rate too. If only I had the money to “live and work” in Switzerland and enjoy the benefits of the US. These small countries are just poaching American money because they don’t have scale. Disgusting. Lol and that Cisco exec could use some of those profits to cover that combover.
@ValarMorghulis805
@ValarMorghulis805 Год назад
There are 60,000 homeless in Los Angeles right this minute! how is 1,200 tiny homes going to help these people ?
@robertvarga9843
@robertvarga9843 Год назад
Very good report,I love you guys
@ghill88
@ghill88 Год назад
How old is this video? Bush tax cuts? What about Trump tax cuts. Companies that move overseas. Limit the business they can do in the USA.
@JerryDLTN
@JerryDLTN Год назад
33:06 Just make it a requirement that politicians, once elected, have to liquidate their portfolios and buy only $QQQ, $SPY, and/or $DIA and they have to leave it there until they're out of office
@diannadima7082
@diannadima7082 Год назад
It is all greed with these people. $5000 a year is a drop in the bucket for the ultra rich millionairs. Oh so big corporation shouldn't pay into our school systems? This is wrong.
@poohbeartube
@poohbeartube Год назад
Yes and it's so ridiculous. You're probably aware that even people who choose not to have children pay school taxes and $5000 a year for one house is common. If the 1% who make the laws wanted the corporate tax rate changed, it would be changed. Since they're not paying massive amounts of taxes, they don't bother with it so they can pretend it's an issue in the media. It's smoke and mirrors.
@littlecloud2197
@littlecloud2197 Год назад
I hope the law passes it’s about time everyone pitches in for their part
@ryanstubbs3211
@ryanstubbs3211 Год назад
This originally aired in 2010
@DSandy111
@DSandy111 Год назад
Corporate taxes need to be equal between countries. We need to find another way to tax them for services and perhaps initiate a federal sales tax
@rewardilicious
@rewardilicious Год назад
We just need to get rid of all these complicated tax codes. The best way to tax any money that gets sent or received via any financial institutions that are recorded as like 10% each way. So I pay you $100, I get taxed $10 and you get taxed $10. Easy, done. Do it for wire transfers, deposits into stock brokerage accounts, credit cards, any recorded cash purchases or sales, and crypto exchanges. Companies and rich people will naturally have more transfers so more taxes.
@JW-lr8sd
@JW-lr8sd Год назад
37:14 Pelosi's rage face xD
@jeremytoney9367
@jeremytoney9367 Год назад
Personally, I think of the US government is really that concerned they should just cut spending as opposed to cutting taxes. If you are looking at getting rid of tax cuts and everything, perhaps US government people should stop spending so much on these programs which lots of people, including myself, don’t get to take advantage of. Only the people who are wealthy good to take advantage of the loopholes in the tax law and for me since I’m not rich, I don’t get to take advantage of those loopholes because I don’t know what they are and I don’t know how are use them. Very simple message stop spending so much money on borrowing more to continue to spend. Then maybe we can get our deficit under control but it’s gonna take 50 years or 60 years to get this deficit down under $100 million which means that the people of today like me well long since be gone. Our great grandchildren might benefit yes, spending cuts were made, but I never hear that from these people!
@hinesfigher6093
@hinesfigher6093 2 месяца назад
Love the purple look Leslie! 25:55
@determinedlyunmotivated4300
How do you tax-cut your way out of a deficit?
@donaldstewart9873
@donaldstewart9873 Год назад
I got a job, That I really LOVE, I am making more than I've ever made before. But now,... I payed for my income in taxes with almost 23% of everything I made claiming 0 and at the end of the year, I owed more, so They took it. I clamed myself at the end of the year and I STILL OWE? How fair is that?
@asssm89
@asssm89 Год назад
She is an amazing journalist.
@glenwilson9533
@glenwilson9533 Год назад
Good ☔🌧️ Rain Ent LLC.
@LJ-Aybar
@LJ-Aybar Год назад
waoo i learned so much front this video we need to fight again inside congress trading
@Legoman69469
@Legoman69469 Год назад
Normally as a conservative, I’d be opposed to t this, but when I heard it would be for education, I realize we need it…
@ninjagirl226
@ninjagirl226 Год назад
Hmmm…I think there’s policy changes within the education system that would drastically improve it and not cost much. Like removing the no fail policy at schools like my sister’s. She’s had only one kid come in the past month because the kids know they will pass the course even if they never show up or turn in a single assignment.
@ronm9968
@ronm9968 Год назад
These companies will spend more to fight against their taxes a year, then what they would have to pay in taxes every year. Come on Americans.
@randibgood
@randibgood Год назад
Exactly. The price to purchase legislation is high, but it keeps their taxes low.
@Justkissthis
@Justkissthis Год назад
I live in Texas and we have surplus in our state with no state income tax…i would never live in a state that i have to pay state income tax it’s ridiculous
@contrarysheri
@contrarysheri Год назад
All tax cuts to the rich cut? 1.3 trillion dollars to the deficit? 100 billion a month? Make the rich pay! They make me sick weasling out. Make them pay!
@lindamuse7028
@lindamuse7028 Год назад
How can any Nation exist without paying its bills? I favor having a flat tax. Everyone paying a fair percentage of their income. Our infrastructure, to include roads, bridges and water works systems, is falling apart. The word 'Taxes' is not a cuss word. They are essential for maintaining a healthy lifestyle.
@ronald1111
@ronald1111 Год назад
Then they'll stop. Less of what need. Why not quit spending?
@robertvarga9843
@robertvarga9843 Год назад
How you can do it legally?
@orawancarlile6192
@orawancarlile6192 Год назад
The problem in this country is everyone wants everything and pays nothing. When these people are old then they realized that it is always a balance of all things to rob from one and pay a hefty price for another. But the riches still need America to sell their products since no other in this world has major purchase power like Americans. We as Americans should boycott their products.
@juliedahl1892
@juliedahl1892 Год назад
Keep showing this…
@michaelmole5435
@michaelmole5435 Год назад
27:09 and none of them have debt like us
@lpklpk447
@lpklpk447 Год назад
Unbelievable system.
@douglasbuchanan2973
@douglasbuchanan2973 Год назад
NEVER REWARD SIN!!!!!!!!!!!!!!! AND LIVE AND TEACH ONLY TRUTH!!!!!!!!!!!! ALLTRUTH
@manujohn99
@manujohn99 Год назад
Nothing is going to matter until everybody starves to death😂😂🤣
@JerryDLTN
@JerryDLTN Год назад
11:30 refinancing (growing)assets, dividend income, and loans from permanent variable life insurance plans (used as income) isn't taxed as earned income.
@thedude8009
@thedude8009 Год назад
Join Congress not because you want to help people but because you want to benefit yourself
@gregturner8044
@gregturner8044 Год назад
I'm so sick and tired of people whining about paying taxes. TAXES ARE HOW WE PAY FOR THE THINGS WE WANT AND INVEST IN OUR FUTURE!
@ryanstubbs3211
@ryanstubbs3211 Год назад
This originally aired in 2010, approaching 13 years ago.
@reeblesnarfle4519
@reeblesnarfle4519 Год назад
Really really en pointe why American politics are not workong!🔥🔥🔥
@kevindillon9173
@kevindillon9173 Год назад
I wouldn’t mind spending high taxes on my high paycheck if we had a highly functioning and efficient government bureaucracy. The government needs to cut spending it’s insane. We’ve increased education spending 300% adjusted for inflation yet our public schools have decreased in quality with all the new tech in classrooms.
@ClassWarVeteran
@ClassWarVeteran Год назад
Rich Man’s World ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yaBE-Oq4y2A.html
@randibgood
@randibgood Год назад
Probably because we are funding private schools through the voucher system. So much so that the public schools are suffering. And with some of the ridiculous restrictions being placed on curriculum because of the regressive nature of some of our politicians, we have a major shortage of teachers in those states.
@sschnickelfritzz
@sschnickelfritzz Год назад
CUT INTRESST RIGHTS CUT STOCKMARKET INTRESST RIGHTS
@diannadima7082
@diannadima7082 Год назад
Good for him. That is a healthy attitude. And an honest one.!!!~!
@samialkhammash1985
@samialkhammash1985 Год назад
@17:14 Perfectly legal
@JohnTLyon
@JohnTLyon Год назад
How do you fund government without taxes? The rich want to have there cake and eat it too
@nhanha7433
@nhanha7433 Год назад
That the reason we interview with them now. Or why we pop up to see them
@IL_Bgentyl
@IL_Bgentyl Год назад
Why is it never cut government funding? Downsize? Consolidate?
@DaleLClay
@DaleLClay Год назад
Interesting, how is it, that one area needs 35% of of your income to maintain its society, and other equally advanced countries only need 15%? I live in Washington, Zero Income Tax, but not mentioned is the high Sales Tax. Washington, in 2022, has a $15 Billion dollar tax surplus, and are still maneuvering ways to increase the Tax they are collecting.
@bds3919
@bds3919 Год назад
It's odd isn't it. Countries with nationalized health care and free college education pay so much less than we do. America is for the rich.
@B_Bodziak
@B_Bodziak Год назад
@@bds3919 The majority of the US budget goes towards military defense.
@jenniferl4407
@jenniferl4407 Год назад
Social security is not an entitlement for seniors....we put into that. It's an entitlement for the young
@arcade15x
@arcade15x Год назад
400k is not "rich". These measures always fail because they draw the line incorrectly. Tax income and capital gains over $1B at 90%, there you go.
@JerryDLTN
@JerryDLTN Год назад
13:54 $60B of money to be possibly taxed versus a $1T deficit. It just proves the gov't has a spending problem.
@nhanha7433
@nhanha7433 Год назад
The workers they individually not huge in income. But they gather to follow. It huge huge
@incogniro1
@incogniro1 Год назад
Can't complain about single digit income tax. It's mandatory here in Europe and in double digits.
@taicronck9559
@taicronck9559 Год назад
shame on this people, shame, shame
@alexsteven.m6414
@alexsteven.m6414 11 месяцев назад
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
@yolanderiche7476
@yolanderiche7476 11 месяцев назад
We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market.
@Acode7940
@Acode7940 Год назад
Thanks for looking for me. I just can't bear any more. Because of tax evasion, tax shelters, predatory businesses AND policies, in rhe past 50 years this country has come to stink to high heaven with high-falutin justification s for INORDINATE greed and selfishness. It is already on its way down the sewer (sorry working poor) to its rightful end as waste. Such a high degree of moral imbalance and indecency cannot possibly sustain a healthy social organism like a state or country.
@anderslarsen4912
@anderslarsen4912 16 дней назад
If lowest corporate tax is the only competitive advantage as a country, I'd advice the governmanet of that country to diversify since low tax rates are easily copied. Low corporate taxes in Ireland is controversial here in Europe because other EU countries are projecting an emulation of this strategy. It's a race to the bottom which isn't favorable for citizens in times of war, insecurity and a renewal of cold war tactics.
@chrisgoetsch1964
@chrisgoetsch1964 Год назад
Yea that low tax rate would work just as well as the stupidA$$ trickle down deal and look how bad that turned out
@garymiller4141
@garymiller4141 Год назад
The taxpayers know we have the best politicians that money can buy and they sure as he'll don't surve WE THE PEOPLE
@sherylhay13
@sherylhay13 Год назад
What a shame that wealthy people dont want to help.
@robertvarga9843
@robertvarga9843 Год назад
She's exactly right
@johnruiz7852
@johnruiz7852 Год назад
Why doesn't the police arrest them and put them jail
@aurtisanminer2827
@aurtisanminer2827 Год назад
9:20. Getting your car washed by a mobile business is exorbitant spending for a government?? This is a man with very few examples on the subject.
@garnetrose6162
@garnetrose6162 Год назад
The social security/Medicare tax needs the cap removed
@emmanuel1163
@emmanuel1163 Год назад
When you see politicians and conservatives talk about lost revenue from business leaving or how the rich need motivation to keep innovating just let it sink in the city of Rotterdam in the Netherlands almost considered taking apart historic bridge just so Bezos could move his $500M superyacht through. "Rotterdam now won't dismantle the Koningshaven Bridge for Jeff Bezos's boat. After backlash, the ship's builder Oceano decided to not move forward with a request to alter the bridge to sail the yacht" Only after the "peasants" revolted did they change their mind. As if we need any more reminders the old world nobility haven't gone anywhere in this world of "Meritocracy".
@HTV-2_Hypersonic_Glide_Vehicle
15:39 this story makes me very upset 20:34 there's the problem, again at 23:14
@MRSketch09
@MRSketch09 Год назад
I'm glad you guys uploaded this, but at the same time, your posting info that's 10 years old?! Talk about being a "Day late & a dollar short"..
@nhanha7433
@nhanha7433 Год назад
It is huge than the capitol and also institutional investors and huge than the richest
@nhanha7433
@nhanha7433 Год назад
Our investment is care the community. Our work also the same. That the reason make monies to spend to save to invest. But not for do those and end up recession
@danielbassett1076
@danielbassett1076 Год назад
The tax haven situation is a race to the bottom. The solution that I see would be for all countries to get together and charge the same tax rate. We couldn't even get together on a pandemic, so I have no hope.
@LynxStarAuto
@LynxStarAuto Год назад
That's not possible because not all economic systems are created equal.
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