Thomas
Region: US
Saturday 30 November 2024 23:11:19 GMT
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Mike Honcho :
You also need to consider the tax burden. Someone paying 20% on a $30k salary is left with $24k vs someone making $3m is still left with $2.4m.
2024-12-01 16:05:52
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Dhruv Rathod :
shouldn't it be noted that this includes the 750ish billionaries so it probably skews what the avg top 1% earner really pays?
2024-12-01 07:17:26
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Kalind Adhikari :
lol 600k and billionaires are not the same thing
2024-12-11 01:07:36
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mike :
Marginal utility
2024-12-01 14:31:44
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evannicely5 :
are you arguing for a flat tax rate across all brackets? someone who makes 1 million can pay 500k in taxes far easier than someone who makes 50k can pay 25k in taxes
2024-12-01 00:22:54
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kames_.bares :
The "fair share" does not exist. Nobody is entitled to someone else's money
2024-12-02 16:56:14
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win :
Dollar wise, the rich pay more taxes yet they still get to use the same public roads, same police, same fire department, etc as someone who paid less taxes. So why would they want to pay more?
2024-12-02 02:08:22
1
Angel Rodriguez :
We could tax income over 1m at 40% for sure. Loans using stocks should make the stock gains be considered realized gains.
2024-12-03 08:09:39
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P :
Curious to your thoughts on this, maybe 0% tax on everyone’s first 75k, then 25% flat tax combined with a tax on luxury goods and high tax on private flights, yachts, etc
2024-12-01 12:20:48
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hihigogo :
Top 1% pays for more than 40% that the government received
2024-12-04 14:02:28
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Rogakos :
Make the collateralization of unrealized gains a taxable event. Qualms?
2024-12-03 21:32:06
2
JB :
See if I get it. If I own a trillion dollars and had to pay a million dollars and a person who is struggling to pay rent has to pay 10k. And the total tax collection is 1.010.000$. Is it fair system?
2025-01-06 21:30:17
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billo :
and how do you explain the fact that the income gap between rich and poor keeps widening?
2024-12-03 05:43:52
2
lifeofz :
What was or is your major in college?
2024-11-30 23:35:49
1
Alonso :
@Alonso:I don't think the problem is tax rate ...the tax strategy from otherwise
2024-11-30 23:29:17
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Amasin :
They do, and unrealized gains shouldn’t be taxed
2024-12-01 04:41:54
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dhruvk87 :
Someone debate me on this I’m gonna debate with the rich DO pay their fair share Dm me if u want
2026-05-31 08:22:15
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Austin Starks — Trading & Tech :
Hey man, I have been binging your videos for the past hour. Do you mind following me back so I can send you a message? I’m a CMU graduate building a platform to allow retail investors to create a
2024-12-01 04:21:24
1
Dhruv Rathod :
The capital gains rates are 0, 15, or 20 so they would still be lower than the marginial rates the of like 35-37%. BTW capital assets are rental, stocks/other securities, antiques, and etc
2024-12-01 07:29:02
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vues2048 :
There’s been a historic transfer of wealth from the middle class to the top and for the first time in over a100 years we re seeing a decline in living standards show you the tax system is broken
2024-12-02 09:30:33
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Zlatan :
What’s the point of those first 2 stats??? All you illustrated with that is that tax brackets exist which nobody says they don’t. Now compare the numbers for the reported income (ie it got taxed) to wealth. Not sure how accurate statista is but their q2 wealth distribution has the top 1% at 30.2% of the entire wealth in the USA. That’s a really big deviance from the reported, taxable income😭😭
2024-12-01 22:48:58
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Lilsyrup :
Sighting the 1%'s proportion of earnings instead of wealth to justify their tax liability and conveniently omitting the gaping loopholes used to never realize gains is disingenuous at best
2024-12-01 02:37:51
3
ani :
1% is less of a problem as the 0.01% is
2024-12-01 06:03:02
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Lilsyrup :
addressing this question & never establishing conditions for what he thinks a "fair share" would be tells you all you need to know about this guy💀
2024-12-01 02:37:11
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Taylor :
@Taylor: Eh. The “1%” isn’t the rich being referenced in this debate. More like the .002% earning >50m. For this portion of the population, a ludicrously high marginal rate is absolutely arguable
2024-12-01 04:31:27
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bucklefart :
you have to look at all taxes paid to get to the actual %. look at income, payroll, corporate and excise taxes (all federal taxes) it's way under 40%
2024-12-01 20:03:17
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user726190571 :
When you exploit the bottom 99% and destroy the environment I think it makes sense they pay for the majority of social welfare programs
2024-12-01 02:03:30
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Angel Rodriguez :
You're right about it being a small minority since 3 people have as much wealth as the bottom half.
2024-12-03 08:06:21
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brainrotbill :
😂😂😂
2024-12-01 01:59:55
1
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