We Uncovered The Radical Solution To Our Rigged Tax Code
How exactly should we tax the rich?
We lay out 3 specific ways to target and reduce the wealth gap in society, including taxing billionaires’ SuperPAC contributions.
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@nunya4815
September 25, 2026 at 9:11 am
Slash size of government slash entitlements get rid of pensions
@gasdorficmuncher9943
September 25, 2026 at 9:11 am
just give tax breaks for cheaper prices say a egg cost $3 give a break when cost is a dollar
@Debsaok
September 25, 2026 at 9:11 am
Tax the rich and then eat them.
@lukedixon-ny2ps
September 25, 2026 at 9:11 am
We’ve also got to end the policy of not taxing churches. Look at the wealth accumulated by Scientology and the Mormon church as just two examples. They take income from their members and buy assets with it rather than returning their revenue to their respective communities. These are companies masquerading as religions.
@phaedrussocrates7636
September 25, 2026 at 9:11 am
Good, thank you
@weltenerklärer
September 25, 2026 at 9:11 am
None of that is necessary. A progressive inheritance tax and the principle (applied in Europe) that the purchase price is always used as the basis for tax assessment—even in the case of an inheritance.
@milehighhydroguy
September 25, 2026 at 9:11 am
The wealthy borrow millions instead of drawing a salary to avoid income tax! This shouldn’t be allowed
@designerphil11
September 25, 2026 at 9:11 am
Also, if you can borrow against assets then their same evaluation can be taxed. If an individuals total assets exceeds one billion then their same evaluation assets value over that amount can be taxed. The argument is not how but how much. And if you are not a billionaire why should you care unless a billionaire is remunerating you in some way. Let’s settle on how much and repair society.
@mi__ran
September 25, 2026 at 9:11 am
The Tax Code is a scam by the rich and corporations.
@inyobill
September 25, 2026 at 9:11 am
Just returning some of the power removed from us by Saint Ronald's policies would be a good start.
@DrJohnnyJ
September 25, 2026 at 9:11 am
The best tax is inheirtance tax for large fortunes; over $1 million per child. The nepo baby went to the best schools, had the best contacts, probably worked in the family firm, got large gifts (Buffet gave his kids $400 million each) then, at retirement age, perhaps having never worked like some Walmart heirs, they get billions. They then movve to a no-tax state to pay less still. Jerks. Inheritances will sum to $30 trillion over the next 20 years. If it went to the US governernment, it would pay off 75% of the national debt. The next best tax is luxury goods. For example, jet fuel for private planes. Put a 500% tax on it. If you are so rich that you can fly alone then you are rich enough to pay through the nose and clean up the environment. I would put a 500% tax on Disney VIP "no wait" passes as well.
@olek.9398
September 25, 2026 at 9:11 am
Taxing the rich is easy… If the policy makers actually want it. The tax code does not favor the rich by accident… It was designed this way.
@silkvelvet2616
September 25, 2026 at 9:11 am
Also, penalise these corporations according to what they pay their employees. The lower their ENTIRE staff are paid, the bigger the tax bill on the profits.
Incentivise them to bring their employees back under their direct employment, AND pay them well.
Including 'gig economy' employees, who are NOT working for themselves, they're just desperate for any income they can get, but their bosses are gangsters constantly finding ways to cut what they pay out to their employees.
@jimclean2
September 25, 2026 at 9:11 am
See! At the very end. Applying that causation of expenses stuff is because of taxes is a false assertion. That taxing the ultra wealthy will ultimately correlate to cheaper stuff is wrong.
Ultimately, the taxes will need to go to our balloon deficit than making stuff cheap. We will need to cut programs and tax more for our 40 trillion dollar debt
@RobSlopezJr
September 25, 2026 at 9:11 am
Our tax code created a bunch of narcissists and psychopaths
@RobSlopezJr
September 25, 2026 at 9:11 am
Wanna make america great again, let's go back to that 90% tax rate for corporations.
@EAMiraclegaming
September 25, 2026 at 9:11 am
Extremely stupid to say that the growth of the billionaire class is taking money from Gtb e average person…. Sounds more like a propaganda than actual economic facts…. The billionaire create value and wealth from debt, that’s how modern monetary system works, not taking from the average person….The only thing I’d support in this video is the stock buyback, that has incentivized so many businesses to not invest in their business but buy back their stocks to make their shareholders happier, if this is stopped it might increase the amount companies spend on their employees and invest in their businesses….
@UnmaskingPast
September 25, 2026 at 9:11 am
after all these how come GOP loves regan so much?!?!
@cjackfly
September 25, 2026 at 9:11 am
This view is totally backwards IMHO. These super rich people should be taxed WHEN THEY DON'T BUY STUFF. Why?! Because when they buy stuff they create jobs and stimulate the economy. Wanna see a raging economy?! Tax the RICH when their money just sits!!!
@Rondoggy67
September 25, 2026 at 9:11 am
Reagan was the worst president in US history. His actions lead directly to where the US is now, at the point of collapse and dictatorship
@nobaloney10
September 25, 2026 at 9:11 am
You’re the best you have excellence in reporting😊😊
@DeannaSharing
September 25, 2026 at 9:11 am
I can't believe how well I understand this. I've spent my life trying NOT understand this stuff. I suppose to protect myself from knowing how much we've been screwed. Unfortunately, I do understand it. It's time to take our country back. Vote 💙
@Talon6former
September 25, 2026 at 9:11 am
I think we should tax the rich (and, honestly, everyone else) more, but I cannot support a tax on unrealized capital gains. That's my life's savings. It's the money I'm using/growing to pay for my house. It's the basis of my retirement. Investing (i.e. capital gains) is the best and most available means of growing wealth for average people.
@childcareprosd
September 25, 2026 at 9:11 am
Modern monetary theory combined with an unlimited supply of goods and services (robot labor) is an easier solution to poverty than fighting the rich: a central bank can pay everyone a living wage. This may not only be a good idea, but in fact may be necessary once a significant portion of the jobs disappear thanks to AI/robotics.
@JoelReid
September 25, 2026 at 9:11 am
Australia has just changed our capital tax laws. they are a base 30%, but increase dependent on the amount, they are also compared to inflation. interestingly, polls show most of the top 10% wealth holders think this is a fair and equitable tax change. (I am in the top 10%)
For reference, Australian income tax rate on someone with over $190K is 45%
Australia also has large luxury tax rates…
@rayversen
September 25, 2026 at 9:11 am
Percentage wise every citizen should pay the same regardless of wealth. Maybe cut some slack for those with low wages. Nobody should pay more or less because of their success. This is a matter of principle.
@digitalnduja8503
September 25, 2026 at 9:11 am
It doesn’t seem that complicated. I wonder why the government hasn’t already started downing all this?…hmmmm…
@IanReed-v4q
September 25, 2026 at 9:11 am
Holy shit! That capital gains difference is insane
@ArtAniStokuv
September 25, 2026 at 9:11 am
Youtube is blocking worldwide people to donate to you
@crystalcleary
September 25, 2026 at 9:11 am
Tax the wealth and stop taxing work. Tax their loans that they live off of since they actually "make" nothing. Let's tax the SHITE out of inheritance. Extra houses, toys, cars, capital gains, planes, yachts. Impose ridiculous fines for ANY employee that qualifies for assistance while working full time at any company until there are no full time workers that qualify for assistance. Raise the minimum wage, for love of GOD. I love how rich people think it's complicated because they're not the homeless people dying from exposure while millions of homes sit vacant. I can't with this BS….
@crystalcleary
September 25, 2026 at 9:11 am
The problem within "trickle down economics" is that the TOP gets a complete deluge while the BOTTOM gets a trickle. See how that works? It DOESN'T FKN WORK.
@GoldenboyFTW
September 25, 2026 at 9:11 am
Excellent breakdown and a good North Star that people can follow. TAX THE RICH!!!
@alohatigers1199
September 25, 2026 at 9:11 am
If over 300 million Americans pay $1/month in taxes to fund let’s say education, the total budget would be over $3.6B. Then factor in police, fire, healthcare, electricity, water, sewage, garbage, and transportation; that’s a total of 9 public services.
$9/month in taxes. That’s a total of $32.4B.
@danielvalleduarte
September 25, 2026 at 9:11 am
I have a radical solution 🤑✂️
@jenaf4208
September 25, 2026 at 9:11 am
Also tax golf. Golf is so bad
@dougberry4535
September 25, 2026 at 9:11 am
Under the New Deal high tax rates forced companies to spend their profits back into the economy to lower their tax burden. That spending provided real growth to the economy not just growth to 1% pocketbooks. The only thing historical data on Reagan rapeanomics shows us is they took that money and spent it on stock BuyBacks not on more jobs and expanding their businesses.
@dougberry4535
September 25, 2026 at 9:11 am
The tax code based on the mythological rich man bulshit of give the rich man whatever he wants and everybody else will benefit.
@altosack
September 25, 2026 at 9:11 am
Sorry, but while taxing capital gains is important (and it should be taxed at higher rates than real work), it’s also a red herring.
Wealth must be taxed sufficiently that people aren’t excessively wealthy, meaning enough that their wealth is insufficient to give them outsize power and influence. A reasonable amount is 10% over 10M every year, and 25% over 100M and 50% over 1B to get it under control in a reasonable amount of time. In order to make this work, gains must be realized every year so there really is no such thing as unrealized capital gains.
This would bring down the top wealth to tens of millions; if they can’t figure out how to live a very good life with this amount, they don’t deserve to be rich.
You may have discussed this somewhere past the 10:30 mark, but I had to stop listening since you were going so strongly (and seemingly incessantly) in the wrong direction.
@MarcelEnglmaier_1
September 25, 2026 at 9:11 am
When an unrealized asset is used as collateral, it should be “made real” for tax purposes at that instant.
@SamehKhan
September 25, 2026 at 9:11 am
I think you forgot to point out that the older anti-tax guy you were talking to is Grover Norquist. Just an overlay name would have helped. Perhaps I missed it.
@robertnelson4460
September 25, 2026 at 9:11 am
I'd rather see salary and wage income reduced to equal the cap gains rate… but at the end of the day… I'd rather prefer some level of parity
Comments are closed.