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This is how tax should work

December 26, 2023
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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nobody<00:00:00.280> likes<00:00:00.480> paying<00:00:00.760> tax<00:00:01.439> but<00:00:01.560> the<00:00:01.680> fact<00:00:01.839> of

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nobody likes paying tax but the fact of

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nobody likes paying tax but the fact of the<00:00:02.080> matter<00:00:02.439> is<00:00:03.439> the<00:00:03.600> wealth<00:00:03.840> of<00:00:03.919> the<00:00:04.000> middle

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the matter is the wealth of the middle

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the matter is the wealth of the middle class<00:00:04.560> the<00:00:04.640> wealth<00:00:04.839> of<00:00:04.960> government<00:00:05.319> is<00:00:05.440> being

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class the wealth of government is being

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class the wealth of government is being drained<00:00:06.279> by<00:00:06.520> this<00:00:06.720> super<00:00:07.040> super<00:00:07.319> rich<00:00:08.000> group

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drained by this super super rich group

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drained by this super super rich group how<00:00:09.040> do<00:00:09.160> we<00:00:09.280> get<00:00:09.400> it<00:00:09.559> back<00:00:10.080> how<00:00:10.200> do<00:00:10.320> we<00:00:10.440> get<00:00:10.559> it

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how do we get it back how do we get it

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how do we get it back how do we get it back<00:00:11.280> how<00:00:11.400> do<00:00:11.519> you<00:00:11.759> get<00:00:11.960> wealth<00:00:12.320> back<00:00:12.799> from<00:00:13.000> a

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back how do you get wealth back from a

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back how do you get wealth back from a guy<00:00:13.519> who's<00:00:13.960> rich<00:00:14.200> son<00:00:14.440> is<00:00:14.559> worth<00:00:14.799> 700

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guy who's rich son is worth 700

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guy who's rich son is worth 700 million<00:00:16.960> that<00:00:17.039> means<00:00:17.240> he<00:00:17.359> has<00:00:17.480> a<00:00:17.680> passive

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million that means he has a passive

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million that means he has a passive income<00:00:18.439> every<00:00:18.680> year<00:00:18.880> of<00:00:19.080> like3<00:00:20.039> million<00:00:21.039> these

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income every year of like3 million these

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income every year of like3 million these guys<00:00:21.480> will<00:00:21.720> never<00:00:22.039> ever<00:00:22.320> give<00:00:22.480> it<00:00:22.640> back

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guys will never ever give it back

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guys will never ever give it back because<00:00:23.080> they<00:00:23.199> have<00:00:23.439> passive<00:00:23.720> incomes<00:00:24.599> of3

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because they have passive incomes of3

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because they have passive incomes of3 million<00:00:25.640> a<00:00:25.800> year<00:00:26.080> and<00:00:26.199> they<00:00:26.320> use<00:00:26.519> that<00:00:26.679> passive

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million a year and they use that passive

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million a year and they use that passive income<00:00:27.160> to<00:00:27.400> buy<00:00:27.679> the<00:00:27.840> rest<00:00:28.000> of<00:00:28.160> the

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income to buy the rest of the

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income to buy the rest of the [ __ ]<00:00:30.080> the<00:00:30.240> reason<00:00:30.560> I<00:00:30.920> call<00:00:31.160> for<00:00:31.400> tax<00:00:31.800> is

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[ __ ] the reason I call for tax is

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[ __ ] the reason I call for tax is because<00:00:32.399> tax<00:00:32.719> is<00:00:32.920> the<00:00:33.200> only<00:00:33.760> way<00:00:34.200> you<00:00:35.040> regular

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because tax is the only way you regular

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because tax is the only way you regular working<00:00:36.120> person<00:00:36.399> in<00:00:36.559> your<00:00:36.719> country<00:00:37.040> can

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working person in your country can

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working person in your country can protect<00:00:37.559> yourself<00:00:37.879> from<00:00:38.040> this<00:00:38.200> super<00:00:38.480> rich

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protect yourself from this super rich

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protect yourself from this super rich there<00:00:39.399> is<00:00:39.520> a<00:00:39.680> group<00:00:39.879> of<00:00:40.039> people<00:00:40.440> that<00:00:40.559> is

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there is a group of people that is

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there is a group of people that is taking<00:00:40.960> all<00:00:41.079> of<00:00:41.200> your

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taking all of your

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taking all of your [ __ ]<00:00:43.480> how<00:00:43.640> do<00:00:43.760> we<00:00:43.920> stop<00:00:44.120> them<00:00:44.239> from<00:00:44.360> doing<00:00:44.600> that

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[ __ ] how do we stop them from doing that

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[ __ ] how do we stop them from doing that and<00:00:44.960> tax<00:00:45.239> is<00:00:45.360> the<00:00:45.440> most<00:00:45.640> obvious<00:00:45.879> way<00:00:46.039> to<00:00:46.199> do<00:00:46.399> it

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and tax is the most obvious way to do it

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and tax is the most obvious way to do it you<00:00:46.719> know<00:00:47.000> I'm<00:00:47.120> not<00:00:47.280> saying<00:00:47.640> tax<00:00:47.920> you<00:00:48.160> ordinary

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you know I'm not saying tax you ordinary

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you know I'm not saying tax you ordinary working<00:00:49.079> person<00:00:50.000> tax<00:00:50.280> the<00:00:50.399> guy<00:00:50.559> who's<00:00:50.719> taking

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working person tax the guy who's taking

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working person tax the guy who's taking all<00:00:51.079> of<00:00:51.199> your<00:00:51.320> [ __ ]<00:00:52.079> you<00:00:52.480> know<00:00:53.480> that's<00:00:53.640> why<00:00:53.760> I

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all of your [ __ ] you know that's why I

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all of your [ __ ] you know that's why I support<00:00:54.239> tax<00:00:54.559> because<00:00:54.760> tax<00:00:55.000> is<00:00:55.079> the<00:00:55.199> only<00:00:55.359> way

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support tax because tax is the only way

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support tax because tax is the only way to<00:00:55.719> [ __ ]<00:00:56.039> protect<00:00:56.320> you<00:00:56.480> from<00:00:56.640> this<00:00:56.840> group

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to [ __ ] protect you from this group

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to [ __ ] protect you from this group of<00:00:57.160> people<00:00:57.399> who<00:00:57.520> are<00:00:57.600> going<00:00:57.719> to<00:00:57.840> impoverish

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of people who are going to impoverish

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of people who are going to impoverish you<00:00:58.800> that's<00:00:58.920> why<00:00:59.039> I<00:00:59.160> support<00:00:59.440> it