"It Should Be Illegal To Be as Wealthy As You!" - HEATED Tax Debate With Sam Seder

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  • čas přidán 22. 03. 2023
  • In this short clip, Patrick Bet-David, Sam Seder, Adam Sosnick and Vincent Oshana have a heated debate on taxes.
    FaceTime or Ask Patrick any questions on minnect.com/
    Watch the full podcast here: czcams.com/users/livepyc9cbHfhUw
    Subscribe to our channel: bit.ly/2aPEwD4
    To reach the Valuetainment team, you can email: info@valuetainment.com

Komentáře • 17K

  • @DanielFernandez
    @DanielFernandez Před rokem +3832

    I never comment negatively on CZcams, but this guy is... something else.

    • @828_Nate
      @828_Nate Před rokem +1

      Yes he is.... He's a very ignorant person!

    • @LordRykard9376
      @LordRykard9376 Před rokem +155

      A goon.

    • @kyleregan8632
      @kyleregan8632 Před rokem +84

      😂😂 you are a lot nicer than me

    • @SVSky
      @SVSky Před rokem

      He's a twit

    • @sstrick47
      @sstrick47 Před rokem +30

      ​@@jasonrahimzadeh2342 Shiva disagrees with you

  • @andrewvincent89
    @andrewvincent89 Před rokem +1186

    "A socialist will give you the shirt off of some else's back"

    • @gabrielcornejo253
      @gabrielcornejo253 Před rokem +54

      Did he propose Socialistic policies?
      I heard an argument for taxation as a method to reduce wealth inequality…

    • @MrLuffy9131
      @MrLuffy9131 Před rokem

      A socialist will also send money overseas to help people abroad lol

    • @ericheick7044
      @ericheick7044 Před rokem +76

      ​@@gabrielcornejo253 more taxes on who? The top 1% pay around 40% of the taxes. The top 25% pay around 88.5% and the top 50% pay 99.7%.
      You could literally take EVERY dime from the top 1% and still not pay for all of the proposed government spending. So tell me, what do you propose?

    • @TherealRandPaul
      @TherealRandPaul Před rokem +31

      @@gabrielcornejo253 What eric said^^^ Also you gotta think about implications, you try and redistribute wealth and then you lose all the innovators and business’s, Then the wealth dramatically decreases…

    • @CalebDiT
      @CalebDiT Před rokem

      Ironically, you missed the fact that government structures for large businesses, at least in the US government, are taken from socialism. Taxation benefits, subsidies, and other legislation that promotes business growth have nothing in common with a free market.
      And whaddayaknow! It's a regular thing, watching committees of billionaires and powerful people trying to pass off their obligations to the lower classes.

  • @tamimartens-yy1cf
    @tamimartens-yy1cf Před měsícem +40

    I am a 67 year old single woman who just retired last year after being in the workforce for 51 years. I PAID in to social security for those 51 years. I paid into a 401k for 38 years and lost 1/3 of that in the crash. I have paid into every thing possible to prepare for retirement. I take social security because I paid in to it. I would appreciate Adam not calling it a hand out, or entitlement program.

    • @pdc-cp4uv
      @pdc-cp4uv Před 24 dny +14

      It isn't a dig at you, it's a dig at the program. You will likely receive far more than you put in. That's why it's a handout. It's a wealth transfer from the youth to the elderly. The money YOU paid went to seniors before you.

    • @joshfritz5345
      @joshfritz5345 Před 21 dnem +7

      I'm paying into it now and I'm not going to get a single penny out of it.

    • @pdc-cp4uv
      @pdc-cp4uv Před 21 dnem

      ​@@joshfritz5345Yes, you will likely be screwed. However, people like the OP seem to think they have invested some money or something. They haven't. The government taxed them/us and gave the money to someone else. It is an entitlement program.

    • @LynnRPerry
      @LynnRPerry Před 21 dnem +3

      @@pdc-cp4uvif she had taken the same money and invested it differently she would be wealthy beyond her dreams. It is not her fault the government makes every wrong step. Having followed the rules and and forced to spend your money in a specific way is insulting to start, but hearing this man make this off hand comment about a system which is counter to capitalism.stings every time. And that sting is stronger with time.

    • @pdc-cp4uv
      @pdc-cp4uv Před 21 dnem

      @@LynnRPerry The problem is the thinking that the politicians back then and now were ever telling the truth. They have been lying about this program from day one. There isn't some sort of lockbox of money that is being properly invested along with your lifespan. What is taken in is then spent. It is a tax, and an eventual expenditure based on conditions. She would likely be far wealthier if her own money was invested, but special interest groups have made Social Security into the third rail of politics. It is not sustainable any longer. At this point we are robbing young people in the form of tax, and they will not recieve the same benefit. The program needs to be altered and eventually abolished or replaced with a different mechanism if in fact we want to ensure that people have money when they no longer want to work. However, I don't think that the government cares all that much about doing these things from the goodness of their heart.

  • @T3Gibbler
    @T3Gibbler Před 23 dny +14

    Wild how every one is talking about raising taxes but nobody is talking about cutting spending

    • @1845hunt
      @1845hunt Před 8 dny

      That's always the case. Problem is they can't even fathom cutting costs. U.S. is always finding reasons to increase debt by funding these forever wars. They need to figure out what Andrew Jackson did to cut spending and piggy back off that. I truly believ we have traitors running our government.

    • @SushiCombo
      @SushiCombo Před 4 dny +1

      cutting spending on what?

    • @T3Gibbler
      @T3Gibbler Před 4 dny +1

      @SushiCombo literally every thing??? Lmao the government spends trillions on useless programs that don't even benefit tax payers

    • @tylercolby6190
      @tylercolby6190 Před 3 dny +1

      ​@@SushiCombo money to foreign countries for a start. Government subsidies to certain energy programs to make them competitive.

    • @SushiCombo
      @SushiCombo Před 3 dny +1

      ⁠@@tylercolby6190which foreign countries and how does it keep energy companies competitive by cutting subsidies?

  • @tyleradkins6016
    @tyleradkins6016 Před rokem +2743

    The government doesn’t pay for anything…the people do.

    • @obeb787
      @obeb787 Před rokem +82

      And who is the government supposed to be?

    • @joelwillis2043
      @joelwillis2043 Před rokem

      The government literally prints and destroys money every year.

    • @mdchan8644
      @mdchan8644 Před rokem +226

      @@obeb787 bro fans of this show might actually be the slowest people on earth lmfao

    • @obeb787
      @obeb787 Před rokem +76

      @@mdchan8644 lol, I don’t want to agree with you. But, It seems as like much of them just keep repeating what they hear without even analyzing. Seems like a script.

    • @sink38ms
      @sink38ms Před rokem +1

      😂😂😂 absolutely 💯

  • @jwilkers1
    @jwilkers1 Před rokem +1822

    Don't you love it when a person intentionally misunderstands and refuses to answer simple straightforward questions because the answers would easily destroy their argument

    • @Sloimer
      @Sloimer Před rokem +37

      Which part?

    • @GeronimoPlaz
      @GeronimoPlaz Před rokem +198

      That's the entirety of being a liberal in 2023 lol

    • @yao052
      @yao052 Před rokem +80

      J Wilkers
      You seriously need to work on your comprehension skills.

    • @grahmthrush4924
      @grahmthrush4924 Před rokem

      Don’t you love it when conservatives can’t comprehend basic topics like marginal tax rates…

    • @TJRD8
      @TJRD8 Před rokem +28

      Any specific examples?

  • @dh891
    @dh891 Před 3 měsíci +61

    I work in government as a healthcare provider. I waste ZERO time arguing with insurance companies to cover treatments, but I also am not presured to tack on as many treatments and expenses to my patients as I have been in private practice.
    In private practice I have literally be told, "you aren't ordering enough braces for patients" because they want the patient to pay, even for something I deem unneccessary. I also was told to spred out visits and only pick ONE thing to cover. Now, in government, I can see as much as I am comfortable with so my patients dont have to make several visits. I also put in my plans for patients to just call my clinic if they are getting worse with physical therapy and I will order an MRI. In private practice I would eventually get fired for passing up on forcing another visit that can be billed. Government can be much more efficient and cheaper overall in medicine because the decisions I make on patient care are in no way incentivised by racking up as many charges as possible. I am only incentivised to do what I think is medically neccessary for my patients.

    • @MichaelSavage-zq6gv
      @MichaelSavage-zq6gv Před 2 měsíci +16

      Someone with your mindset is the minority in that scenario, gov involvement incentivizes laziness and selling medication.

    • @vapingfury4460
      @vapingfury4460 Před 2 měsíci +8

      @@MichaelSavage-zq6gv how did you get that idea? You can hold the government accountable at least. Companies have only one priority and that's profit.

    • @blairs6664
      @blairs6664 Před 2 měsíci

      ​@@vapingfury4460It's much easier to not buy a product from a business than to get a nameless, faceless bureaucrat that you don't get to vote for, fired from their job.

    • @fang8244
      @fang8244 Před 2 měsíci

      @@MichaelSavage-zq6gv You're just talking out of your ass. Keep letting rich people eat off your plate while you thank them.

    • @Nugschris
      @Nugschris Před 2 měsíci +6

      ​@MichaelSavage-zq6gv You just totally ignoring what the OP said. Im sure you know better than the doctor who lives it everyday right?

  • @gamingstokr7299
    @gamingstokr7299 Před 27 dny +13

    No one paid 90%. There were even more loopholes and shelters back then. They averaged closer to 42%, which practically mirrors what is paid in by the high rollers today.

  • @sassyrobin420
    @sassyrobin420 Před rokem +466

    The big difference between Patrick and Sam that says it all for me is; Patrick has his elderly father living in his home as part of his family.
    Sam mentioned he loved Medicare/Medicaid cause it pays for his mother in the nursing home so he doesn’t have take care of her.

    • @JRGPS903
      @JRGPS903 Před rokem +67

      But, Sam is so much better of a person than everyone… it’s obvious. He’s so much better. Why else would he be ok with people paying almost all their money in taxes.

    • @jeezy8360
      @jeezy8360 Před rokem +17

      And? Your point?

    • @nicholaspolitis9048
      @nicholaspolitis9048 Před rokem +40

      ,I caught that early on. He does make some good points, but I can tell Sam wants to work the least, live well and have little responsibility

    • @gerardmorris5473
      @gerardmorris5473 Před rokem

      @@JRGPS903 That is not what he said at all but you are a right winger so comprehension and basic facts elude regularly! Why else would you listen to PBD? He dumbs down the right wing propaganda

    • @bryanbenson6551
      @bryanbenson6551 Před rokem

      ​@JRaborn yeah, because being taxed AFTER 3 MILLION A YEAR, oh poor babies can't buy a yacht for a few years lol. The amount of greed in the free market right now is pathetic! The whole egg price hike? SCAM. The meat prices going up? SCAM. Record profits for big oil, yet they still hike prices? SCAM. Are you seeing it now? "But, but it must be Bidens fault!"🤦‍♂️
      EVERY "happy" ranked country takes care of their elderly and sickly folks. But here, capitalists would rather see our elderly kicked off of ANY assistance, because "My money! My money!" ZERO empathy towards others and a balanced society. These kinds of Americans are the definition of narcissistic sociopaths. "F everyone else, but I'll hide my millions from being taxed because I'm special and don't need to contribute to society! "But hurry up and make my fast food meal because i demand it!"😂

  • @funkydiscogod
    @funkydiscogod Před rokem +547

    "I'm not suggesting we reduce revenue from businesses."
    That guy is assuming nobody is going to change their behavior based on government policy.
    Do Socialists not understand cause and effect?

    • @sirchadiusmaximusiii
      @sirchadiusmaximusiii Před rokem +69

      They do not.

    • @yourealittlebitfat4344
      @yourealittlebitfat4344 Před rokem

      They think socialism is a utopia.
      I'm afraid they do not understand anything.

    • @keepingitrealestate3357
      @keepingitrealestate3357 Před rokem +36

      @@sirchadiusmaximusiii thanks for posting what I was gonna post
      They do not

    • @brederbeeld
      @brederbeeld Před rokem +33

      The realtor example. Because one super realtor is not taking all the business anymore the tax isn’t lost. It gives changes for other realtors to get successful. Now we have more successful realtors paying tax instead of 1 getting filthy rich. It’s better for everyone

    • @jonsmith-cp7co
      @jonsmith-cp7co Před rokem +9

      Greed is a sin

  • @davidpichardo3729
    @davidpichardo3729 Před 4 měsíci +7

    My father in law had Medicare and Medicaid and was in a nursing home. The cost monthly was around $8000 charged to the government in an old but clean nursing home. One month they said to my wife we are going to apply to receive authorization from Medicare to give her father music therapy.......my wife said great. We went to see him the next month and they had a cassette player in his room playing classical music which was great. Do you know how much they charged the government? $5000 for the music therapy. This was 10 years ago.....not even a CD😂🎉😢

    • @tom24865
      @tom24865 Před 2 dny

      That is crazy. There should be a price control on that. 😅. How? I'm sure y'all could just spend a hundred bucks and get them all the stuff for it that yourself. That is crazy

  • @emilyar7992
    @emilyar7992 Před měsícem +6

    Charities often have a 95% overhead. This is not any better than giving it to the government.

    • @stefan6412
      @stefan6412 Před 24 dny

      Especially those "charities" that claim to fight inequality like BLM. They are nothing else than schemes to enrich the people that run them.
      They hire their friends and families, rent expensive offices, pay for hotels and trips and even buy villas supposedly for the community but
      in reality for the leaders to live there themselves. And of course they need cars so they lease expensive sports cars and limousines.

  • @cmvamerica9011
    @cmvamerica9011 Před 9 měsíci +825

    If the government was efficient and effective; people wouldn’t mind paying taxes 😂

    • @Aubatron
      @Aubatron Před 9 měsíci +28

      Yeah if these taxes went into efficient social programs it would make sense, but we pay taxes and it vanishes into thin air through inefficiencies. This is why everyone should use the tax system to pay as little taxes as possible. These damn politicians just print money anyways when they spend all the taxes they collect and want to spend more.

    • @galenwilliamsful
      @galenwilliamsful Před 9 měsíci +23

      if they were efficient and effective, we wouldnt NEED to pay taxes!

    • @josephcoon5809
      @josephcoon5809 Před 9 měsíci +6

      @@AubatronGreat idea. Everybody should spend years mastering the convoluted tax code crafted by large corporations who know exactly how to wield it and have the armies of liqueurs and CPAs to stay on top of things.
      Brilliant plan.
      When was the last law you even read out of the hundreds of thousands of pages of existing laws?

    • @Aubatron
      @Aubatron Před 9 měsíci

      @@josephcoon5809 Yesterday actually, how CRA want you to make qualifying withdraws from a FHSA (not American) without it being a taxable event. Was checking if it could be done with real-estate bough from a tax sale. lol

    • @Ryan-ys2bq
      @Ryan-ys2bq Před 8 měsíci

      If we must live under governments they should be turning the countries natural resources into profit to pay for everything and pay us a dividend you know like those “horrible” Middle Eastern/African nations we demonise all the time like Libya, Saudi etc

  • @jacobframe8769
    @jacobframe8769 Před rokem +405

    The fundamental issue with taxes is that we do not receive services commensurate to taxes paid, not by a long shot.

    • @trevorpullen3199
      @trevorpullen3199 Před rokem

      Yeah there is a fundamental flaw with belief that taxing the wealthy will mean the poor and middle class have more money. No, it means the government would have more money. What has the Fed. Government done to make anyone think they could be trusted to fairly distribute that?

    • @jonathanandrew2909
      @jonathanandrew2909 Před rokem +18

      It’ll only get worse as the portion of tax revenue going towards interest paid on government debt increases. But government knows what it’s doing, right?

    • @str8nashtygaming466
      @str8nashtygaming466 Před rokem +5

      Great comment.

    • @rambomoore381
      @rambomoore381 Před rokem +19

      *unless you are an illegal immigrant, single mom, black, jobless or lazy.

    • @LaminarSound
      @LaminarSound Před rokem +7

      @@rambomoore381 ouch. True statement though. How many young black folks with full college rides right now..... i definitely didnt get that priviledge. Nor will my children.

  • @cjpeterson2530
    @cjpeterson2530 Před 4 měsíci +6

    Here’s my argument for higher taxes. If a business or person is making enough money to be in that bracket, they will be incentivized to find ways to write off some of that income. Like philanthropy, investing, putting money back into their employees and businesses. Thereby reducing the need for government to spend money on some social needs.

    • @Alberta1stPodcast
      @Alberta1stPodcast Před měsícem

      Dude the problem with write off is that it creates demand that would other wise not exist. Write offs are a huge reason wealthy spend money and out bid the poor.
      Government needs to stop intervening

    • @Seattle-2017
      @Seattle-2017 Před měsícem

      Thank You. It also has been shown, over time, that the higher tax rate on the upper classes reduces the federal defecit.

    • @dupontdiscliple
      @dupontdiscliple Před měsícem +1

      Someone starting up will work harder to fill the gaps they leave by avoiding revenue.. Simple it can work that way.
      But the government will waste 90% of the 90% because they Inefficient as hell and cronies get rich. 20m for a 10k toilet

    • @beyondkino
      @beyondkino Před měsícem

      Literally this.

  • @bmr9779
    @bmr9779 Před 2 měsíci +5

    Im not sure how that would work with international businesses. Sounds like it creates more opportunities for foreign countries to emerge in the US market since large companies will scale back

  • @Westcoastrocksduh
    @Westcoastrocksduh Před rokem +544

    You can't make the poor not be poor by making it illegal for the wealthy to be wealthy.
    I'm 1 of 4 kids in my family. We were all taught the same things about money and yet ALL 4 of us have drastically different outcomes based off mostly effort.
    There will always be the person who is willing to sacrifice everything to become wealthy and those who wont sacrifice a donut to be wealthy.

    • @microfarming8583
      @microfarming8583 Před rokem

      These socialists love socialism as it breeds and rewards very average minds like theirs.

    • @indieguy81
      @indieguy81 Před rokem +29

      In what universe is earning $3,000,000 a year not wealthy? Hell, even $500,000 a year?

    • @ImaginationHobbies
      @ImaginationHobbies Před rokem +13

      Having millions still isn't preventing wealthy from being wealthy 😂

    • @jackesioto
      @jackesioto Před rokem +11

      Not to mention, the wealthy by and large benefit society through jobs, inexpensive products, etc.

    • @mrmr2488
      @mrmr2488 Před rokem +21

      90% of all resources will end up in the hands of the few. Sam’s issue is that he seems to look at the government as a “thing” that operates in this theoretical world but the reality is that it’s made up of people. But not just any people. These are people, who as children, had the desire to run peoples lives and make decisions for them. These people had to be absolutely ruthless and step on everyone in their path to get into the positions they are in. These people are actual psychopaths. They don’t feel, they don’t even stop for a second to think how their decisions effect people. These people are the “government” and it’s really strange that anyone would think handing them money is a good idea. This world is truly run by criminals. This is the downfall of democracy. The winner is usually the best liar.
      On a different note, monarchy is interesting because it almost guarantees you won’t get a psychopath. Sometimes you do but the odds are low. You often get someone who doesn’t want the authority but do it out of duty, which is how America worked before politician became a profession. We are truly seeing the death of democracy before our very eyes or at least the idea of it.

  • @pookysgirl7535
    @pookysgirl7535 Před rokem +485

    I think I finally figured out what annoys me the most about Sam Seder: He is convinced that only HE knows the true motivations of everyone.

    • @verycalmgamer4090
      @verycalmgamer4090 Před rokem +5

      self interest??

    • @anthonydavidek4651
      @anthonydavidek4651 Před rokem

      That's the entire political left in a nutshell. They have no arguments unless they're projecting motives onto you.

    • @interdimensionalsteve8172
      @interdimensionalsteve8172 Před rokem +35

      Way to write a bunch of words without ANY meaning. It's like Tim Pool in written form!

    • @stephenf5707
      @stephenf5707 Před rokem

      Hes a typical moron. We watch this oversees and wonder how such idiots exist. In america the perception is the world loves them... outside, thats defiantely not what people think. Its very odd.

    • @AmalgamaniacGaming
      @AmalgamaniacGaming Před rokem +73

      @@interdimensionalsteve8172or… maybe just work on your reading comprehension? 😂

  • @dixon103
    @dixon103 Před 25 dny +3

    Every cries about the in equality of the income, but no one talks about the work input inequality. If you build something up, you get the rewards. If you just work and you get paid what you get, it's not the employer being greedy, maybe your worth in the market isn't what you think.

  • @abelcorral803
    @abelcorral803 Před 4 měsíci +2

    Maybe for an entrepeneur/ sole proprietor but when you invest and are a shareholder.... if its a public traded company like apple and you divide 3 million to 10 millio. Plus shares. No one will invest, company valuations go down, and many peoples 401k and investments will tank....

  • @jefforta4717
    @jefforta4717 Před rokem +328

    It's never about how the taxes will help, they just want to see those with more than them punished. It's envy, not compassion.

    • @andreturner4644
      @andreturner4644 Před rokem +15

      Big facts 💯

    • @brandonellis8111
      @brandonellis8111 Před rokem +1

      Fax

    • @gabrielcornejo253
      @gabrielcornejo253 Před rokem +9

      That specific question of “how will the taxes help?” Was never asked.
      So you’re operating with conjecture.

    • @111tedward
      @111tedward Před rokem +15

      That is factually incorrect. I envy nobody but support extremely high taxes on the wealthiest Americans.

    • @thepimptastic2
      @thepimptastic2 Před rokem +29

      @@111tedward Why do you think you deserve other people's productivity?

  • @WarriorKidd06
    @WarriorKidd06 Před rokem +895

    After watching and fully understanding how much of our tax dollars are wasted by the government and not used to help the people of this country, I’m fully all in the no more taxes boat. It’s ridiculous.

    • @HunnyBee23
      @HunnyBee23 Před rokem +28

      Underrated comment! 🎉 Agreed

    • @rustycolon9368
      @rustycolon9368 Před rokem

      Enjoy your train derailments and poisoned environment.

    • @alexstavrianopoulos7385
      @alexstavrianopoulos7385 Před rokem +39

      I worked a state job at a school in Oakland. We had to remove the old chalk boards and put up white boards in about 20 class rooms. 1 year later, we went back to the same school and were paid to take down their brand new white boards, put up a piece of plywood and paint it with white board paint. That’s government efficiency for ya.

    • @MrLuffy9131
      @MrLuffy9131 Před rokem +52

      They need to audit the government first rather than raising taxes.

    • @MrLuffy9131
      @MrLuffy9131 Před rokem +7

      @@alexstavrianopoulos7385 Our school spent like $500 each for a chromebook (times maybe 1000) and then some parents collect them and then pawn it off lol

  • @Chi-Guy
    @Chi-Guy Před 2 měsíci +2

    The point being, that without the private sector, the government, which does not create revenue, there would be no markets to innovate the means of production and distribution.

  • @davidcarroll2908
    @davidcarroll2908 Před 4 měsíci +2

    Larger companies could contribute lots more to retirements but they don’t have to because they are able to be better and cheaper than smaller companies. The small companies are being killed out by the bigger guys. As a company grows and learn efficientcies it gets cheaper or more goes to profit.

  • @isaborg8353
    @isaborg8353 Před 9 měsíci +205

    All good when you have an efficient government, an honest government, a government that cares for its people and better yet, a government who doesn't sell its country to its enemies.

    • @TyrianHaze
      @TyrianHaze Před 9 měsíci

      Imagine if they were taxing the billionaires at 90%. The amount of shit we could be sending to Ukraine right now.

    • @drinkinclear3100
      @drinkinclear3100 Před 8 měsíci

      This has never existed in the history of ever. There has always been some level of deception, corruption, or defiance from a governing body. A states only purpose is to protect it's people.

    • @Archangelmychel
      @Archangelmychel Před 7 měsíci +2

      Which we don’t.

    • @No_co_OK
      @No_co_OK Před 7 měsíci +12

      Medicare spends substantially less on administrative waste than private health insurers. You can say the same type of thing of countless different industries.

    • @WeighedWilson
      @WeighedWilson Před 7 měsíci +5

      @@No_co_OK the same level of customer service as the DMV is not what I want in medical care.

  • @mozerm
    @mozerm Před rokem +570

    I live in Canada and make well into 6 figures. I pay 54% on every dollar I make over $235K and it pisses me off. I've evaluated relocating to Florida for tax purposes. It doesn't keep me from working and trying to earn more but it is extremely frustrating to see so much money going to an inept government.

    • @donaldkinsey5245
      @donaldkinsey5245 Před rokem +13

      I retired last year after my local Maryland taxes were raised again. It was raised every year I own my home. So, I sold it and I’m now traveling the world and paying very little in taxes.

    • @harnessworx3046
      @harnessworx3046 Před rokem +30

      It’s basically another way of the government saying we want to make sure you are successful, but only to a point then we will penalize you, so just stay mediocre another words is that what they want?

    • @joshreeder3205
      @joshreeder3205 Před rokem

      What city?

    • @savagematti777
      @savagematti777 Před rokem +20

      I live in Canada too bro I get slaughtered by these taxes and have been slaughtered by covid mandate/lockdowns… I’m moving to FL too in 2 years already decided

    • @daniel_359
      @daniel_359 Před rokem +2

      @@joshreeder3205 Houston

  • @fredatmcpetersfoundation
    @fredatmcpetersfoundation Před 2 měsíci +2

    Barriers to entry is a big issue. We learned about this in one of my economics classes.

  • @jeffreyohler2599
    @jeffreyohler2599 Před měsícem

    1.A 06:00
    1.B 07:28
    1. When you actually spend time considering how it would be structured on paper to enact what he's talking about,it would arguably be less impactful on the rich as it would be on Middle & Lower classes.
    1st it would have to be applied universally to be ethical & fair. 2nd He suggests paying tax strictly off your profit. After all overhead costs of running the business.
    I can only assume he means instead of paying tax as is,otherwise thos is simply an additional tax. If so then *Essentially he suggests swapping the 'the tax bracket system' for a single tax to be applied after Essential costs have been paid!*
    Effectively this would eradicate the Classes all together,which there already isn't many degrees of separation between the Mid & Lower classes now days. Would it have an impact on the Grotesquely rich? Sure,yet nowhere near how devastating it would be for the rest of us!
    Yet he then contradicts himself by saying *"Pay tax on every dollar earned"* Aside from perishable's,we already do sir. For every purchase or even competing Bank Fee's for gaining access to your money.
    Face it folks,this system already had it's built-in limits. This was just not widely understood until *Industrialization,Mechanization & Mass Production. * If they were/are the Engines,then Capitalism is the Vehicle* which skyrockets us towards the abyss!
    *Yet some would have us add Nos to it by going %100 Digital! *These people are insane!!!*

  • @jazlally4144
    @jazlally4144 Před rokem +314

    Back in the 50's Nobody Paid 90% there were tons of tax shelters in the IRS Tax rules

    • @UltraSaltyDomer1776
      @UltraSaltyDomer1776 Před rokem +26

      And we just got done with WW2 where we won. Peace provides prosperity

    • @degeneratesociety
      @degeneratesociety Před rokem +1

      new money paid them.

    • @2AoDqqLTU5v
      @2AoDqqLTU5v Před rokem +11

      Source?

    • @robertspencer5219
      @robertspencer5219 Před rokem +20

      Thank you for mentioning that, Sam is either a liar or ill-informed, either way, he should not be talking about the subject as though he knows anything.

    • @logan7024
      @logan7024 Před rokem

      That 90% was never paid. Jeff bezos would leave his money in the business account like right now. And pay nothing

  • @williambarry8015
    @williambarry8015 Před rokem +216

    When Sam brings up the 90% tax of the fifties he doesn't mention they had deductions out the Wazoo and nobody paid 90%.

    • @solhigh1
      @solhigh1 Před rokem

      It is worse now, when somebody like Trump does not even pay Tax there is something wrong

    • @mr.eggplant866
      @mr.eggplant866 Před rokem +32

      Very true ....our deductions have pretty much disappeared now.

    • @campy3888
      @campy3888 Před rokem

      It's funny because he's been over this with other guests on his show multiple times and yet he's pulling it out again here. What a fucking cancer.

    • @beefybmw9532
      @beefybmw9532 Před rokem +12

      And even less people paid their taxes… Therefore they collected even less taxes than what they tried to collect

    • @brianb8489
      @brianb8489 Před rokem +13

      What you don't understand is those tax rates are for millionaires...after let's say 5 million that 90% kicks in.

  • @stevenr7813
    @stevenr7813 Před 13 dny +1

    Why do people always bring up the 50's and 60's as a baseline without context?
    WWII ended in 1945. Most of the industrialized world had their productive infrastructure severely damaged. The one country that did not was the US. The industrial capability of the US increased significantly during the war.
    Once the war was over the factories transitioned to consumer goods rather than military hardware. Since the US had massive industrial capability compared to other countries it was effectively "the only game in town" for a lot of things. This allowed US companies to pay historically high labor costs and still be profitable. That's why the middle class flourished in the US during the couple decades following that war - not taxes or unions. No one actually paid the 90+% tax rate either. It only existed on paper but not in practice.
    However, other countries did rebuild their infrastructure and within 15 to 20 years we started to see global competition for goods again, which meant that US production couldn't dictate the market and afford to pay exaggerated labor costs any more. No one uses the 1920's or 1930's as a baseline for "how things used to be" despite the fact that far more of US history is similar to that time frame. No, people want to use the period of the biggest boom to ever exist in the country as the baseline instead of something more reasonable like a long term average.

  • @Dan_Tasty
    @Dan_Tasty Před 3 měsíci +2

    Wow, imagine titling this video with the statement Sam makes 20 seconds before you cut the clip off.
    He makes the statement, you laugh at him, and you don't show how he rationalizes the statement to your audience. How disingenuous.
    But, hey at least your viewers got some education for once.
    Sometimes "valuetainment" just doesn't cut it

  • @Rick_Frigate
    @Rick_Frigate Před rokem +89

    Snivelling Sam doesn't hold a single consistent principle in his entire worldview. All of his "grand visions" are completely arbitrary and squarely based on his own narcissism, faux compassion, and superiority complex. Sam knows how to spend your money better than you do.

    • @musa7606
      @musa7606 Před rokem +3

      Sam makes more money than me so he needs to give me some of it

    • @Kendrix1
      @Kendrix1 Před 10 dny

      Man you nailed him to a T.... Marxist

  • @mikeslifestyletipsreaction833

    If envy and jealousy could be communicated as a policy, this is it...

    • @jeffraybosch9708
      @jeffraybosch9708 Před rokem +1

      😂 Classic dumb American view

    • @WalletMonkeys
      @WalletMonkeys Před rokem +6

      Exactly

    • @kingiam9271
      @kingiam9271 Před rokem +29

      Make sure you poor's keep on defending the rich.

    • @mikeslifestyletipsreaction833
      @mikeslifestyletipsreaction833 Před rokem +30

      @King Iam or inversely defend my own right to gain wealth and pass it on to my children. All that mindset does is disinsentivises innovation, growth and behavioral maturity.

    • @WalletMonkeys
      @WalletMonkeys Před rokem +12

      @@kingiam9271 Getting called a poor from some crypto nerd who probably is poor living at his parents house is the highlight of my day. Thank you! 🤣

  • @80ciocc
    @80ciocc Před 4 měsíci +3

    90% worked in the 50s. The flaw in the hosts point about people will stop working after they reach 3 million income. If I'm a manufacturer of a product and I stop due to taxes being too high someone else will step in to produce that product. Bingo two oeople now making 3 million rather that one making 6 million

    • @ScottMancini
      @ScottMancini Před 4 měsíci

      Really??? People just automatically have the ability to "step in and produce that product"?? Even if they did, would it be the same product, would it be a quality product, would it be a safe product?? Pardon me, but I really don't want someone like you filling the void of a quality doctor that has reached 3 million in income and can't remove the patient's appendix. I'm pretty sure the patient doesn't want you doing the operation either.

    • @80ciocc
      @80ciocc Před 4 měsíci +1

      Capitalism has created redundant or overlap businesses. There is not only one great doctor for you there is not only one great cell phone company there is not only one great car manufacturer. We are all kidding ourselves if we think excess wealth is good for the whole. It's not buying happiness it's feeding an unhealthy ego and that's useless to the entire human race. I am all ears, what is your plan. There is only so much money floating around the world. How horrible a life would it be with a 1 million per year income. Really think about that for a split second

    • @80ciocc
      @80ciocc Před 4 měsíci +2

      Also who said I was going to be your doctor? What the hell.

  • @srinathramaswamy6840
    @srinathramaswamy6840 Před 2 měsíci +2

    It’s not just actors or realtors. No one, including surgeons and essential businesses, is going to work if you take 90% of their income. It’s a slippery slope to bread lines.

    • @albuck3347
      @albuck3347 Před měsícem +1

      You wouldn't be taking 90% of their income. Off the first 3 million you would take normal taxes. Only the money over 3 million would be taxed at 90%. That people wouldn't work because theoney avoce 3 million would he highly taxes is laughable

  • @JulianGentry
    @JulianGentry Před 11 měsíci +153

    When paying for something:
    1. Using your money, you go for cheap + quality.
    2. Using someone else's money, you go for quality and dont care for cost.
    3. Using someone else's money and buying for someone else, you dont care for quality or cost. That's government spending

    • @user-yn1sf9mq3z
      @user-yn1sf9mq3z Před 11 měsíci

      well said

    • @joshuaoverlord5327
      @joshuaoverlord5327 Před 11 měsíci +1

      Then is 100%

    • @antidote7
      @antidote7 Před 11 měsíci

      When you go for profits, you pay labor as little as possible, hopefully abuse them, and make products as cheap as possible that purposely fail to have repeat sales. You present the product as if the higher priced one is the best possible, when most of the time it's far from it, and the cheapest one barely works. The range is shit to decent... It's a game.
      If the public truly received the best products, and the best for freeing and saving lives, the world wouldn't look remotely as shitty as it is.

    • @antidote7
      @antidote7 Před 11 měsíci

      @@user-yn1sf9mq3z Wrong.

    • @antidote7
      @antidote7 Před 11 měsíci

      @@joshuaoverlord5327 It isn't actually.

  • @williamw3501
    @williamw3501 Před rokem +481

    Perfect example of the rule:
    don't take criticism from someone you wouldn't take advice from.

    • @cheeseburger3209
      @cheeseburger3209 Před rokem +12

      Thanks for this. I'll be sure to remember this.

    • @gideon1199
      @gideon1199 Před rokem +38

      How about just take the criticism for what it’s worth.
      If the person criticizing you is right, then their right, shouldn’t matter if you think they’re a Pos you wouldn’t take advice from.

    • @donaldmack2307
      @donaldmack2307 Před rokem

      If the government just squanders the taxes they steal from the citizens it doesnt matter.

    • @kevinvest9693
      @kevinvest9693 Před rokem +12

      I agree! my rule is I don't take advice from someone who's life I wouldn't want.

    • @SuperWilliamholmes
      @SuperWilliamholmes Před rokem +8

      @@gideon1199 Usually someone you would'nt take advice from has bad ideas. That's the point. Usually a person you wouldn't take advice from isn't gonna be right about their criticism either.

  • @jamiequam9742
    @jamiequam9742 Před 2 měsíci +1

    His comment about consumer satisfaction in Medicare---yeah, they can use it as much as they want---almost completely free and copays are much less---so you don't have to be discriminate about it's use, ie, you can use it to go the the Emergency Room for the sniffles--and people do. This is true for all insurance, TO A POINT. But when premiums come out of every check and copays and deductibles are so high, each visit has a larger impact.
    Yup, he's something else....

  • @Dan_Tasty
    @Dan_Tasty Před 3 měsíci +9

    Taking Raegan's example at it's word (assuming it could be extrapolated out to others in highly skilled contract work), doing 2 movies instead of 5 results in a democratized industry that encourages investing in new and diverse talent. The 5 movies still get made, they just give other actors a shot rather than oversaturate the market with Raegan doing a Raegan impression. Or to modernize it into a relevent example, Chris Prat and Jack Black voicing every cartoon character for a squillion dollars a pop

    • @rmsfootball63
      @rmsfootball63 Před 13 dny

      Shhhh, they do not want that. That would mean there are other people who are able to get fame and money and attention. Why let anyone else have some when you are greedy and want everything for yourself and have no thought of others? Some people are born with humanity, some are not.

  • @drunkmasta69
    @drunkmasta69 Před rokem +340

    He fully understood Pat's question, he just didn't want to admit he's wrong.

    • @LexNatural
      @LexNatural Před rokem +24

      Yeah he had to change the subject quickly after than one.

    • @seinundzeiten
      @seinundzeiten Před rokem +39

      very dishonest guest

    • @jonnyp5252
      @jonnyp5252 Před rokem +11

      Yea I did not understand how he didnt "get" the question of who can generate more wealth with money....

    • @dylant22
      @dylant22 Před rokem +12

      Taking away someone’s income over 3 million is the shirt off their back? Even if you don’t agree with it, it’s like taking a shirt out of Jamie dimon’s closet and giving it away

    • @spencerm5913
      @spencerm5913 Před rokem +2

      @@dylant22 lol who tf is Jamie dimon?

  • @Roclib48
    @Roclib48 Před rokem +1142

    It is refreshing to have a place where people with different views can have a civil conversation

    • @WayneJohn-fq6cn
      @WayneJohn-fq6cn Před rokem +13

      Facts

    • @fowchiiiliedpuppiesdied
      @fowchiiiliedpuppiesdied Před rokem +87

      He’s not a person with a different point of view, he slanders, smears and lies, for a living. He’s been doing this for years. This isn’t about differing opinions, it is about liars and propagandists, destroying livelihoods, reputations, even lives, to silence anyone who dares to disagree. There is a clear line between groups of people, now. Liars and truth tellers. Don’t fall for it.

    • @joeblow1942
      @joeblow1942 Před rokem

      Sam Seder is a long time liar and shill for the authoritarians and has been for years. He literally makes up statistics on the fly like saying more taxes were paid in the 50’s and 60’s.

    • @birdmusic1206
      @birdmusic1206 Před rokem +1

      lol

    • @solhigh1
      @solhigh1 Před rokem +9

      The problem I have is Companies are designed to make money, correct? They would not give money to poor people as they see it was not making a profit, correct? You would see a lot more death in US if you did it this way. Not everybody has the same capability to make money, if it is Health Problems, if it is disability, if it is aged.

  • @mj3673
    @mj3673 Před 2 měsíci +2

    What ppl clearly dont seem to undersfand is there isnt an unlimited amout of resources in the world or the US. The more wealthy the 1% become, the less wealthy everyone else becomes.

  • @michaelbull1513
    @michaelbull1513 Před 4 měsíci +1

    Yes, the top rate was 90% First, the net rate paid was MUCH less due to the deductions they could take. Second, the unintended consequence was people being paid in benefits not income to get around the tax. Third, lots of capital left the country to countries with lower taxes. If he really believes people paid 90% on taxes, he also would buy a bridge that you had to sell.

  • @andme9408
    @andme9408 Před rokem +60

    My parents got a 40 dollar a month increase on social security, and now the government says they make too much and took their 300 month food stamps.

    • @mandymac74
      @mandymac74 Před rokem +1

      I know! I am on disability and I hate every time I get a little more money because it does me no good. Groceries, gas, electricity… it all goes up and never helps. So depressing

    • @jcl644
      @jcl644 Před rokem +1

      ​@@derk3933 smart

    • @andrewfinch76
      @andrewfinch76 Před rokem

      Why didn't they save with a 401K?

    • @andme9408
      @andme9408 Před rokem +1

      @and_drew_123 they had to use it for medical bills

    • @school5730
      @school5730 Před rokem +2

      You make a great case for larger social safety nets

  • @johncotter9082
    @johncotter9082 Před 6 měsíci +273

    Wow, my Mom worked hard her entire life. Her Social Security was helpful but I would NEVER put her in a nursing home . Especially a government funded and managed one. I took care of her until her last breath. She taught me to NEVER RELY ON GOVERNMENT for anything. God bless her!

    • @nickdesanto6119
      @nickdesanto6119 Před 6 měsíci +1

      When he said that I wanted to slap him. My mother worked all her life as a nursing aid, home health care aid, nursing home orderly. She told me so many stories I never want her in a home. And this ass hat not only celebrates his mother is in a home and he is not responsible for it, but other people should be responsible for it through taxes and potentially hindering them from taking care of their family. Oh and remember he "makes so much money". Absolutely sickening.

    • @Mogadypopz
      @Mogadypopz Před 6 měsíci +24

      But you still relied on her social tho 😮

    • @johncotter9082
      @johncotter9082 Před 6 měsíci +23

      @@Mogadypopz she paid into it her entire working life genius

    • @godzilla101188
      @godzilla101188 Před 6 měsíci +12

      @@johncotter9082 not how it works...it relies on the collective that puts into social...

    • @johncotter9082
      @johncotter9082 Před 6 měsíci +11

      @@godzilla101188 you need to read more. You are so misinformed. Figures.

  • @aaronlowther5394
    @aaronlowther5394 Před měsícem

    If anything. $5million cap but at that point company/owner is taxed normally up to $5m then 50% of anything above that goes back to employeess' wages/incentives for loyal employees (3-5year) major pay raises. New hires keep base/start pay.

    • @meeraj-4774
      @meeraj-4774 Před měsícem

      Lol...nobody wants to do business in the scenario

  • @CollinPillay-fl7pt
    @CollinPillay-fl7pt Před 4 měsíci

    What a great debate...so much to learn. Fair chair Pat and you allowed them to talk, very interesting to how yours systems are different to ours in South Africa but the question is what percentage the super rich or show it be a flat rate but all Government waste money....its not theirs period!

  • @garrettcrowley9187
    @garrettcrowley9187 Před 6 měsíci +40

    I’m a plumber sitting at home because after I’ve made $120k, it’s just not worth it to work anymore. I get my pants taken away from my paycheck every week. Guess what happens to home service prices when plumbers stay home and do side jobs to avoid taxes?

    • @monotech20.14
      @monotech20.14 Před 6 měsíci +15

      Well you're listening comprehension is trash because Seder didn't say every dollar you make should be taxes at 90 percent.

    • @demonwind5030
      @demonwind5030 Před 5 měsíci +8

      ​@monotech20.14 As is your listening comprehension. He did not mention 90% in the comment. Just a higher tax rate. Which is the problem.

    • @BlurredUniverse357
      @BlurredUniverse357 Před 4 měsíci

      Just think, you tax burden lessens with that 90% tax rate for earnings over 3 million. It would "make America great again"

    • @rebchizelbeak5392
      @rebchizelbeak5392 Před 3 měsíci +10

      @@BlurredUniverse357you don’t understand economics.
      If you tax someone 90% over 3million dollars, then those people will go somewhere else. Even if they don’t physically move, they will simply incorporate where the tax rate is significantly less.
      37% of 4 million dollars is more than 90% of 0 dollars incorporated in another country.
      A 90% tax rate would drastically reduce tax income.
      Your understanding of economics needs adjusting.

    • @scipio7994
      @scipio7994 Před 3 měsíci +3

      You are the person that would benefit from sam Seder’s policies.
      Nothing is more funny to me than conservatives voting against their own self interest.

  • @brianowens1002
    @brianowens1002 Před rokem +331

    This guy has such a victim mentality. I love that Pat laughed out loud at him.

    • @morriswatkins5667
      @morriswatkins5667 Před rokem

      You conservatives play victim all the time?

    • @degenshaw6386
      @degenshaw6386 Před rokem +33

      How is he a victim? He’s very wealthy and advocated for others. You may disagree with the dude but that doesn’t make HIM a victim

    • @brianowens1002
      @brianowens1002 Před rokem +34

      @@degenshaw6386 making it a crime to have over a certain amount of money says it all.

    • @bortsampson4160
      @bortsampson4160 Před rokem +2

      Does it? Because that doesn’t make sense.

    • @brianowens1002
      @brianowens1002 Před rokem +2

      @@bortsampson4160 if you say so.

  • @anibalcolon2234
    @anibalcolon2234 Před 3 měsíci +2

    Dude makes great points, but 90 percent means over 6 million you would give away more than you keep, over 7 million you would give away more than you keep, and so on, until the people getting your free money would have a better life than the person working

    • @earljohnson50
      @earljohnson50 Před 3 měsíci

      He made horrible points what are you talking about lmao

    • @Emidretrauqe
      @Emidretrauqe Před měsícem +2

      Except that's what _actually happened_ in the 1960's and nobody stopped working. The sky didn't fall. It was one of the most open and prosperous economies in human history.

  • @nursetamee
    @nursetamee Před 9 dny

    WRONG!!! If the average successful person was allowed to keep more of their money, then they could afford to take care of their parents themselves instead of sending them off to a freaking nursing home. Sending a loved one to a government sponsored nursing home is cruel.

  • @ChefBurns1
    @ChefBurns1 Před rokem +625

    This dude is seriously insane. Love you give these dudes a platform though. The “other” side would NEVER do this.

    • @ddhqj2023
      @ddhqj2023 Před rokem

      Your guy.....is argumentative and irritating as hell and he paraphrases his guests comments badly to create a 'spin' for your side. And it works on you people because you want your opinions fed to you. And Sam is on point, brings statistics and facts to every discussion. Facts that are easily 'searchable' unlike the Right who make shit up to feed to you. And you buy it every time. Because none of you like to do your own 'due diligence'.
      Sam is also perfectly willing to debate anyone but Right Wingers avoid him because he's generally the smartest guy in the room. Like Dennis Prager who refused to talk to him (czcams.com/video/cuY01DhEtZQ/video.html), he debated Charlie Kirk (czcams.com/video/cuY01DhEtZQ/video.html). He also debated Tim Pool who still whines about it because Tim did so poorly.Then there's David Pakman who debated PBD (my first taste of PBD and that's where I realized PBD is only argumentative and a master at offering up SPIN like it's facts), Joe Rogan (czcams.com/video/WPKIudzwJmM/video.html), Jesse Lee Peterson. And Anna Kasparian on TYT is always willing to talk to any of your hero's.

    • @CeeBarrio1
      @CeeBarrio1 Před 11 měsíci +11

      ✡️

    • @redactedname5716
      @redactedname5716 Před 11 měsíci +48

      Sam is constantly having right wingers, including libertarians, on his show for debates

    • @Sweatersith
      @Sweatersith Před 11 měsíci +13

      I know right. I'm so glad YT lets wackos like PBD have shows like this. Let's me see all the mouth breathers in comments who actually buy this snake oil.
      ohhhhh wait you meant Sam is the "dude"

    • @stephencarlsbad
      @stephencarlsbad Před 11 měsíci +34

      Socialists speaking are the best antidote to socialism.

  • @shanegee8651
    @shanegee8651 Před rokem +203

    I appreciate Sam coming on. Now a whole new audience can see how pompous he is.

    • @dcarreira4913
      @dcarreira4913 Před rokem +5

      Exactly

    • @ParkedNorth
      @ParkedNorth Před rokem +26

      Yeah this PBD guy is pretty full of himself

    • @ippothedestroyer
      @ippothedestroyer Před rokem +2

      @@ParkedNorth Most rich people are no matter their political affiliation.

    • @anandmehta2323
      @anandmehta2323 Před rokem +6

      @@ParkedNorth That is a kind of prerequisite for being that successful. You will never be that successful unless you have selfconfidence that borders on arrogance.

    • @johndongfang831
      @johndongfang831 Před rokem

      he really have some brain dead yelling communists ideology in his channel which rune for everything else.

  • @justinmathis7707
    @justinmathis7707 Před 10 dny

    If trillions of dollars wasn’t so easily misplaced by government officials i wouldn’t mind everybody paying them

  • @jakelainey
    @jakelainey Před 4 měsíci +32

    It was 3 kids trying to debate an adult who has lived a life

  • @MattieK09
    @MattieK09 Před rokem +582

    Imagine if the working class could keep that 30% of their income

    • @Historyhappenshere
      @Historyhappenshere Před rokem +54

      Most “working class” aren’t paying near 30%. I make six figures and my effective tax rate is less, including state income tax

    • @DjProdigy909
      @DjProdigy909 Před rokem +51

      Learn what a marginal tax rate is

    • @Historyhappenshere
      @Historyhappenshere Před rokem +17

      @@DjProdigy909 you think I don’t know what a marginal tax rate is? Effective tax rate is the important figure when discussing how much people are actually paying in a progressive tax system

    • @DjProdigy909
      @DjProdigy909 Před rokem +9

      @@Historyhappenshere not referring to you lol

    • @Historyhappenshere
      @Historyhappenshere Před rokem +14

      @@DjProdigy909 ahh my bad!

  • @9171paladin
    @9171paladin Před 4 měsíci +52

    The post office? The thing that operates at a loss. You be telling me the DMV is smooth operation.

    • @spacejammer1991
      @spacejammer1991 Před měsícem +3

      Post office only operates at a loss because of Amazon, before Amazon came into the picture the post office made 1 billion in profit every year

    • @toddschoonover5919
      @toddschoonover5919 Před měsícem +5

      The post office keeps UPS and FEDEX prices in check. If USPS goes away, shipping prices will skyrocket, with nothing to curb them.

    • @andreaviola8675
      @andreaviola8675 Před měsícem

      Dont forget during covid it was reported that the post office was monitoring social media and reporting back to the fed.

    • @jamesbizs
      @jamesbizs Před 18 dny +1

      @@spacejammer1991LOL I’m sorry; what??? And oh, it’s nice when you have a literal monopoly on a specific type of shipping. And unlike every other shipping company, you don’t even have to go to the door lol.

    • @jamesbizs
      @jamesbizs Před 18 dny

      @@toddschoonover5919no. They wouldn’t. Both of those are still more expensive than usps. Double so, most times. What, you think they’d triple and quadruple? They are already fairly expensive.

  • @jeromewheelerjr8056
    @jeromewheelerjr8056 Před 3 měsíci

    I am 59. We were told in 1979, when I got my first job, Social security was for my retirement. I have been working at my job for 40 years. They starting a matching IRA account in the early 1990s. What are you talking about?

  • @paulczar
    @paulczar Před 3 měsíci

    “Hold on! Let me ask my question.”

  • @MrRussianGerman
    @MrRussianGerman Před rokem +84

    The amount of soy emanating from this guest is outrageous

  • @chrisr5675
    @chrisr5675 Před 4 měsíci

    I have alot of thoughts about this. About your examples, if an actor did less movies because of the tax, then other people would get those movie roles. If a real estate agent sells a few less houses per year, then other agents will sell more. We're talking about people making millions of dollars per year, what's wrong with some of that money being spread to others instead of one person?
    Next example about CZcams decreasing payout, this one makes 0 sense. Increasing taxes on higher income earners is nothing like having a flat % decrease on ad revenue.
    I was actually against higher taxes, but it makes sense to me now. If someone only does enough to hit the 90% rate, which would already be millions of dollars, then the rest of what he was doing went to others, I don't see the issue, it actually helps with that huge wealth inequality. Also it would grow the economy. If there was one really rich person vs many rich people, I'm sure more thing would be sold.

  • @BevoGuy
    @BevoGuy Před 4 měsíci +2

    These PBD have the weakest and dumbest arguments I have ever heard. And when they bring in these clearly smarter guests to debate them, it just makes their arguments look even dumber and more ridiculous. They want to make it seem like their guest doesn’t want people in America to get rich or be super successful. All the guest is saying is for the less than 1% of our population, if the government limits them from getting astronomically absurdly wealthy, via taxes, but still allow them to be super amazingly wealthy, it would allow for more equity across the entire population and reduce the amount of our population from entering into extreme poverty. This would ultimately improve our economy and reduce our national debt at the same time.

  • @shaun5047
    @shaun5047 Před rokem +194

    “Tax every dollar made after 3 million.” 🤣 Most people would consider 1 million/ year already Uber rich. The host is right it’s always tax the people richer than me.

    • @Brad-pc3bi
      @Brad-pc3bi Před 11 měsíci +33

      3 million+ is fair to tax the shit out of. If you are making millions then all possible financial needs are met, so it's just straight acquisition of power at that point, and we don't need that shit here.

    • @wmnsriteslol
      @wmnsriteslol Před 11 měsíci

      ​@@Brad-pc3biyou sound like a commie

    • @shaun5047
      @shaun5047 Před 11 měsíci +43

      @@Brad-pc3bi lol You missed the point. If most people consider 1 million already Uber rich then pushing it all the way to 3 million is laughable. Do you know who tends to think we should tax anything over 2-3 million? It’s usually the people making around 1 million. 😂 It’s never tax the rich me included, it’s always tax the tax brackets above mine.

    • @Brad-pc3bi
      @Brad-pc3bi Před 11 měsíci +3

      @@shaun5047 whatever the income level is that's agreed on, that should be the cap. Make a billion after, but it'll be taxed hard

    • @shaun5047
      @shaun5047 Před 11 měsíci +7

      @@Brad-pc3bi That would be super difficult because no one can agree on the cap income level. Once someone makes over 500,000 they’re already taxed 37%. That’s why it’s not really surprising that the Uber rich always find ways to avoid paying the high rate. If someone is able to make millions or even billions, I’m not sure why people assume they’ll just give up nearly half of it just because.

  • @knkco8525
    @knkco8525 Před 5 měsíci +24

    This guy has zero clue about what government healthcare really is. I worked in Medicare nursing homes for over 13 years and let me you tell you first hand experience it’s horrible healthcare!!! The doctors are awful, they often won’t run tests that are needed because they don’t deem it necessary, the food is horrific. I could go on and on.

    • @RojCherian
      @RojCherian Před měsícem +3

      Better than no healthcare...

    • @Yashiro-nene_dies
      @Yashiro-nene_dies Před měsícem +2

      My experience with free health care in New Zealand was amazing. Cracked my head open. CT scans, blood worm staples on my head the works, and it cost me zero dollars.

  • @buckeyeg4888
    @buckeyeg4888 Před 4 měsíci

    Mayor Nagin was criticized for allegedly failing to execute the New Orleans disaster plan, which called for the use of the city's school buses in evacuating residents unable to leave on their own. The city never deployed the buses, which were subsequently destroyed in the flooding.

  • @westernman3290
    @westernman3290 Před 16 dny +1

    Sleezy Sneeder as usual has not tried to even theoretically apply his policies to himself

  • @meeraj-4774
    @meeraj-4774 Před rokem +175

    Sam walked into a bar and says drinks are on me 🍻.. Who's paying?

    • @Not_A_Tourist
      @Not_A_Tourist Před rokem

      He's also the kind of moron who yells out "drinks are on the house" when he doesn't own the place.

    • @Grandmas_Favorite
      @Grandmas_Favorite Před rokem +1

      Anyone who makes over $3 million dollars I guess…

    • @Seattle-2017
      @Seattle-2017 Před měsícem

      No that was Trump. He literally did this last year at a restaurant in Miami. Please - get the subject of your joke right.

  • @mumsspaghetti6649
    @mumsspaghetti6649 Před rokem +39

    When someone repeats 'believe me' numerous times, don't believe them

    • @musa7606
      @musa7606 Před rokem +3

      "I'm not kidding" :)

    • @jarrettjb
      @jarrettjb Před rokem +4

      Some people yes, and it depends on the character of the person that says it. It seems that most time Trump said “believe me” it proved well.

    • @samehabuerreish8785
      @samehabuerreish8785 Před rokem +2

      That is what Donald Trump says ! Do you believe him or not ?😉

    • @samehabuerreish8785
      @samehabuerreish8785 Před rokem

      @Seek and Destroy
      How ? In what ways ? No one should be above the law . tRump is a criminal . And so is his entire family . His grand father was a brothel gangster in Seattle Washington and he is known for the first insurrection in American history ( besides the confederacy )

    • @mumsspaghetti6649
      @mumsspaghetti6649 Před rokem

      @@samehabuerreish8785 what has this got to do with Donald trump? How does it feel to have one man have so much hold over your thoughts?

  • @user-jk9rg9mc9k
    @user-jk9rg9mc9k Před měsícem

    I am an estimator for construction jobs for government contracts. If it is an 8A set aside, my normal bid for a $100k project would turn into $160k just because of the stipulated required increases the government makes us include. So instead of profiting $15-30k on that $100k, it turns to $75-90k profit for the business. Yes, PROFIT take home for the company owner after all overhead

  • @alexbrown2529
    @alexbrown2529 Před 3 měsíci +1

    I actually found myself siding more with Sam than the PBD crew here. Obviously I can’t relay my agreements and disagreements without typing a novel and still getting misconstrued. I liked PBDs questioning and take on everything but I think Sam had valid rebuttals and in regards to the income tax vs an increase on revenue reduction PBD was making a false equivalency. Anyways have a great day everybody.

  • @yogapantsyogurtpants3365
    @yogapantsyogurtpants3365 Před rokem +50

    Seder is doing a lot of mind reading here. Never base your opinions on what you *think* someone else is thinking.

    • @gulfbreezescapes4429
      @gulfbreezescapes4429 Před 11 měsíci

      Glad you pointed this out - that was the most exhausting part of this interview.

    • @helix9268
      @helix9268 Před 11 měsíci

      To b fair they just talk about same things both sides disagree on forever and never reach compromise. They just talk about things so it's already pre talk not based on any mind reading. They talk about this over and over and just collect the click views and get paid.

    • @MC-ep8cu
      @MC-ep8cu Před 11 měsíci +1

      To be fair Sam is way smarter than these guys and also was guessing their trajectory pretty accurately

    • @yogapantsyogurtpants3365
      @yogapantsyogurtpants3365 Před 11 měsíci

      @@MC-ep8cu you are mistaking intelligence with conviction. I see him as no different from the bible thumpers from the past.

    • @MC-ep8cu
      @MC-ep8cu Před 11 měsíci

      @@yogapantsyogurtpants3365 he is like an encyclopedia of knowledge

  • @NickCager
    @NickCager Před rokem +29

    Rumor has it there's never been dirt under Sam's fingernails.

    • @vapingfury4460
      @vapingfury4460 Před 3 měsíci

      Ah yes because average office or administration jobs are not real jobs because no one's working in the dirt pile

  • @greenvelvet
    @greenvelvet Před 4 měsíci +1

    "America to be known for greatness?" Yeah he just conveniently leaves out also the greatest wealth inequality in most broken health Care system and most people living paycheck to paycheck facing eviction living below the poverty line. That's greatness

  • @davidgrow361
    @davidgrow361 Před 3 měsíci +1

    Yes the government is wasteful...but allowing the richest to hold onto more of their money doesn't necessarily help make the economy any better. If they just park their money in a bank or send it offshore, how exactly is that helping Americans? When corporations use their profits to buyback stocks instead of invest in their workforce, how is that helping Americans? The solution isn't to tax the rich less. The solution is to put better people into government who will spend it more effectively.

  • @chadmaskell
    @chadmaskell Před rokem +203

    The minute Pat says "let's process this together" it's game on 😂😂💀💥🔥

    • @WowzaBoyz
      @WowzaBoyz Před rokem +5

      Like bending down to explain something to a child at eye level

    • @SouthernSilverExchange
      @SouthernSilverExchange Před rokem +21

      Pat thinks hes alot more intellectual than he really is.

    • @Priss933
      @Priss933 Před rokem +14

      Comeo on Pat choose the wrong person to bully with his childish examples. When he can't get you , he turns around and attacks from another childish point

    • @keithmccormick3506
      @keithmccormick3506 Před rokem +2

      I appreciate his approach but he gotta realize when he is wrong

    • @glennfarris305
      @glennfarris305 Před rokem

      @@SouthernSilverExchange "a lot" is 2 seperate words.

  • @createoverstimulate
    @createoverstimulate Před 11 měsíci +180

    When Patrick asks him questions like “If they increased the amount of revenue they keep from 5% to 90%, would you continue to make content?” this dude can’t just say “no” even though he would absolutely not keep putting shit out. Patrick is not even attacking him he’s just asking critical questions. It just shows the truth
    Well done.

    • @bpdmf2798
      @bpdmf2798 Před 11 měsíci +7

      I think he would. His show isn't a huge money maker, he got into radio after he made a bunch of money acting or whatever he did.

    • @mmteds
      @mmteds Před 11 měsíci +28

      He literally clarified this moments after, most of his revenue comes from subscriptions generated from another website.
      Are you going to even address his argument around individual tax rates or continue shadow boxing with business revenue?

    • @fabianperez4447
      @fabianperez4447 Před 10 měsíci

      🤡🤡

    • @ErinnnnL
      @ErinnnnL Před 10 měsíci +2

      This person is deaf too. Good shit

    • @mirrormonstere113
      @mirrormonstere113 Před 10 měsíci

      ​@@mmtedswill just keep the money in the business. Taxing company revenue will never go away. He is an idiot.

  • @Dr.Frankensteen
    @Dr.Frankensteen Před 4 měsíci

    Problem is that Medicare does not lower cost for the citizens and even supplemental doesn't help the vast majority of people save money, in fact you have to pay more for a majority of services.

  • @heathdetweilerRealtor
    @heathdetweilerRealtor Před 3 měsíci +3

    Earn $400k and then get taxed 90%!! How do people come up with this stuff.

    • @CountMeCurious
      @CountMeCurious Před 3 měsíci +4

      he said the top dollar
      if you make 500k,
      400k will be taxed normally, but the other top 100k will be taxed 90%.

    • @heathdetweilerRealtor
      @heathdetweilerRealtor Před 3 měsíci

      @@CountMeCurious yeah. I understand. Who in their right mind would want any of what they’ve earned taxed at 90%? Regardless if it’s the first dollar, or the $500,001 one.

    • @CountMeCurious
      @CountMeCurious Před 3 měsíci +1

      @@heathdetweilerRealtor in an ideal socialist society taxing 90% after a threshold is ok, because healthcare education and living wages are covered.
      I also agree with you in capitalism taxes are always bad because the market is free nothing is covered you better keep your money to your self.

    • @samuelrichardson1943
      @samuelrichardson1943 Před 2 měsíci

      He said after 3 million....are you dense?

    • @CliffyBFlexxin
      @CliffyBFlexxin Před měsícem

      He said 3 million, and it's sad to see how the false claims of the American dream where you actually think you will become one of the 1% have you believing you will ever be affected by that is hilarious. The rich keep getting richer because they convince the poor that they are just like them when they are far from it. He really asked Sam how are people spending their money when living rent to rent was brought up. Clearly, someone who doesn't understand the issues from his pent house.

  • @Mcmuffinwaffle
    @Mcmuffinwaffle Před rokem +184

    This dude is in the clouds, if you make taxes 90% after a certain point, people will literally stop working at that point.

    • @funkydiscogod
      @funkydiscogod Před rokem +5

      Well, we can make laws to prevent necessary people from stopping working.

    • @tommyjames3322
      @tommyjames3322 Před rokem +25

      Lol yeah when we make 3 million in a year. Your not listening

    • @Mcmuffinwaffle
      @Mcmuffinwaffle Před rokem +16

      @@tommyjames3322 I'm not arguing against raising taxes on the mega wealthy or just the regular wealthy in general. I pointing out how ignorant his statement is that people will continue to work at a 90% tax rate.

    • @YourBestFriendforToday
      @YourBestFriendforToday Před rokem +3

      The Beatles sold the rights to their music because of the tax rate in England.

    • @peterhorton9063
      @peterhorton9063 Před rokem +1

      Which sounds crazy but hear me out maybe that is a good thing when we consider we have economists currently saying we have too many employed people and its hurting the economy via inflation. Maybe another company or worker would then fill that empty void creating more competition within the markets.

  • @BrianMarshak
    @BrianMarshak Před rokem +61

    Sam needs to lay off the soy, daytime tv and Marxism.

    • @braveintheattempt
      @braveintheattempt Před rokem +8

      I'm quite certain you don't even know what legitimate Marxism.

    • @BrianMarshak
      @BrianMarshak Před rokem +8

      @@braveintheattempt well said, comrade

    • @musa7606
      @musa7606 Před rokem +3

      ​@@braveintheattempt Legitimate Marxism: we've seen it.

    • @jca9417
      @jca9417 Před rokem +2

      ​@@braveintheattempt nobodies ever seen it because it's never worked in real life 🤡😂😂

  • @omygarsch8002
    @omygarsch8002 Před 26 dny

    As of December 2023, the average check is $1,767.03,from social security. This is not keeping people out of poverty

  • @user-rn6mb5do3v
    @user-rn6mb5do3v Před 2 měsíci

    Great conversation, proving that opposing sides are not only respectful of each other, but somehow both hugely likable. An altogether feel-good encounter. Thank you so much for this!

  • @davidhoj
    @davidhoj Před rokem +90

    No one was paying 90%
    The loopholes made sure of that
    Patreon takes too much so I went else, blew past his own point 😂😂😂

    • @GabrielFlies
      @GabrielFlies Před rokem +8

      Not the brightest bulb is he

    • @sole__doubt
      @sole__doubt Před rokem +12

      Consistency isnt ever a so called Progressive's forte.

    • @castill0PR7
      @castill0PR7 Před rokem +1

      Just like today, most don't pay that 35-37 Tax Adam kept mentioning.

    • @Tedomcmillan
      @Tedomcmillan Před rokem +7

      No, that’s not his point. Taxes would come out after revenues. Do you understand how that works? He would pay his employees and invest in his business and taxes would only come out his net profits. It’s completely different than NOT being able to expand your business because someone is taking too much of your gross revenue.

    • @morriswatkins5667
      @morriswatkins5667 Před rokem

      Conservatives are brain dead

  • @user-zu9ug8hp3d
    @user-zu9ug8hp3d Před 7 měsíci +128

    Why not force the government to properly handle money before demanding more from the population.

    • @albuquerquehotspot7835
      @albuquerquehotspot7835 Před 4 měsíci +12

      You’re not making three mil a year bud wouldn’t lose shit 😂

    • @winstondawson10
      @winstondawson10 Před 4 měsíci +6

      @@albuquerquehotspot7835we all lose when the government takes money out of the economy.

    • @trentshaver5377
      @trentshaver5377 Před 3 měsíci +2

      @@albuquerquehotspot7835what your not getting is that the economy flows better with real people spending money, the governemnt being in control of all that extra wealth right now wouldn’t be very good. Now could it theoretically work if we didn’t have corrupt politicians that all knew jack about money yes, yes it could.

    • @bullballsallday
      @bullballsallday Před 3 měsíci +1

      ​@@albuquerquehotspot7835 spoken like someone who makes little to nothing and probably mooches benefits. Google tax brackets and the Laffer Curve so you can at least have some iota of economics.

    • @dnlchoc6830
      @dnlchoc6830 Před 3 měsíci

      Entitlement? 😡no dumb yuck! I have been putting money into Social Security for retirement since I was 16.

  • @Hadoken.
    @Hadoken. Před měsícem +1

    I like how capitalists are supposedly the ones working and are taxed to provide the money for social security etc but when you say they ought to raise pay for the workers the counter there is that the capitalist roll over the extra cost to the pricing of their product, fires workers etc. So how is the capitalist the one being taxed if every part of the cost, taxes etc is basically paid by those who are creating the goods sold, either through their lowering wages, or by paying more for the goods and services they themselves produce?
    The capitalist is either a middleman who takes huge chunks of money that go between the workers making and the workers buying and raising taxes don’t affect him because he’s pushing it on the workers, or he’s actually working and raising wages mean nothing to him because the wage of the workers aren’t tied to his work, and thus taxes.
    I don’t care which of the two it is but pick one, because as it is now it’s contradicting statements used when convenient to mask the truth.

  • @danieldwyer
    @danieldwyer Před 3 měsíci +1

    1:18 Can anyone name any big name actor today that stars in 3 movies in a single year? I'm calling BS.
    5:00 Hmm, that's a good point. I better change the subject real quick. "Hey, you on Rumble and CZcams or just CZcams?"
    5:22 that is a dishonest comparison because a % fee as revenue is a flat tax rate. The 90% tax rate Sam is advocating for is only for those making $3.9M dollars or more. It's a graduated tax rate the only affects the top earners. ($3.9M is $470,000 inflation adjusted from 1969)
    16:34 My biggest issue when debating conservatives is their black and white thinking. It's either this or that. For some reason, they can't seem to understand that it could be both. Sam gave you a great example in Medicare how the Government is actually more efficient. If taxes where 100% or 0% both would be catastrophic. Therefore, the answer can't be one or the other but some combination of the two. I'd argue that taxes right now are too low for those making Millions of dollars and the government, which runs a deficit every year (you are concerned about the deficit, yes, PBD?) would be better spent instead of borrowing from the likes of China.
    20:33 So, Sam made a lot of good argument, and what do you do, revert right back to the black and white thinking. Listen, liberals brains don't work like that. We see most things on a spectrum and vehemently refuse to get sucked into black and white thinking.
    Conflating....combine (two or more texts, ideas, etc.) into one. Yes, exactly, not black and white. You're not trying to pigeonhole Sam into your way of thinking are you? Again, liberals mostly reject that kind of thinking.
    22:07 No, let's not cut the baby in half. You know where the story behind that comment? The person in the right chose not to cut the baby in half.
    22:35 "If you live too long, which people are doing today?" You cold hearted........Do you tell that to your grandma or mother? "Grandma, you're living too long!"

  • @overcomingidiocracy
    @overcomingidiocracy Před rokem +322

    We don't have a money making problem, we have a government spending problem

    • @jakeh2049
      @jakeh2049 Před rokem +13

      No. Like the guy on losing his voice on the left was trying to point out, we have a population that’s too dumb to manage money problem.
      This then leads to electing the type of government that has a spending problem.
      Which then leads to a guy like this thinking the solution would be more taxation.

    • @rambogoham1
      @rambogoham1 Před rokem

      We have a government spending problem, everything should be privatized including Medicare and social security, fuck the people that actually work for a living! I love making money and exploiting the working class!

    • @dustinanddylc
      @dustinanddylc Před rokem +10

      The tax cuts in 2017 significantly reduced government income, in an already indebted country, without cuts. Will add more than 2 trillion in debt. You sure we don’t have a money making problem?

    • @school5730
      @school5730 Před rokem +9

      No we have an education problem because you are stuck in 1980s talking points

    • @school5730
      @school5730 Před rokem +6

      @Seek and Destroy how’d we get to highest levels of unhoused, uneducated, under insured and in debt? All while you say “spending too much” 🤣 get real

  • @Robertdesterk
    @Robertdesterk Před 11 měsíci +99

    Sam Seder is the definition of Covid-19 booster shot after shot

    • @ass4sale2
      @ass4sale2 Před 10 měsíci +6

      He's a I promise 1 more shot will do the trick it will work this time kind of guy after his 9th booster.

    • @Garrett316
      @Garrett316 Před 10 měsíci

      @@ass4sale2Hopefully one day, there will be a vaccine from Sam Seder and his useful idiots

    • @Anarchy-Is-Liberty
      @Anarchy-Is-Liberty Před 10 měsíci

      ROFLMFAO!!

    • @suedesweffervescent
      @suedesweffervescent Před 10 měsíci +1

      And yet he defeats him with facts the entire time while PBD creates bizarre hypotheticals one after another.

  • @karrinataylorbrownbrokerlc3314

    I love it that you are getting a broader perspective on economics. All the trend lines of poverty, income equality etc start with Reagan. One point he touched on was that if some capitalists want to stop earning large amounts of money, the. It gives more room for others to grow in the market. We absolutely need to raise the income amounts that pay into social security. Income from capital growth should be taxed at levels much closer to earned income growth (another Reagan policy that has resulted in inequality).
    The government needs to start making the tough choices to pass budgets that they can afford. Listen to Paul Ryan. We need to pay down the debt.
    When you look at what is going on in the housing market, only people with capital can afford to buy homes at these prices. And, in most of America prices are not going to fall substantially. We are turning into a nation of “haves and have nots”.

  • @dylandavidson7831
    @dylandavidson7831 Před 4 měsíci +1

    I’m not cutting revenue, I’m just raising taxes. Thats losing revenue…

  • @blaynecarver2236
    @blaynecarver2236 Před rokem +200

    "I'm not suggesting that we cut companies' revenue, I'm just suggesting that we take it from them." Sam Seder

    • @gibranmcdonald9853
      @gibranmcdonald9853 Před rokem +24

      he was suggesting that we tax individual income past a certain level

    • @Rlyeh_The_Dead
      @Rlyeh_The_Dead Před rokem +11

      @@gibranmcdonald9853 That's what blayne said. Stay focused.

    • @campy3888
      @campy3888 Před rokem +6

      The effect of which is taking more money from user-end consumers and giving it to the government

    • @BH-te5fs
      @BH-te5fs Před rokem +24

      Company revenue and individual income after deductions are not the same thing.

    • @gibranmcdonald9853
      @gibranmcdonald9853 Před rokem +6

      @@BH-te5fs 🎯

  • @scottcarter8170
    @scottcarter8170 Před rokem +213

    It's shocking that anyone has that much trust in the government... it wont always be the people you think you can trust in government, be careful what power you give them

    • @cheeseburger3209
      @cheeseburger3209 Před rokem +14

      That ship has already sailed my friend. Men like Seder have the reigns of power now.

    • @Lightningkuriboh
      @Lightningkuriboh Před rokem

      @@cheeseburger3209 what planet are you living on, the last time liberals had any actual power was 1968, we’ve been living in conservative Overton window (at least economically) ever since

    • @donaldmack2307
      @donaldmack2307 Před rokem +10

      This is the thing, I would have zero issue with "taxes" if the government was trustworthy to spend it in a proper way that benefits Americans. But we all know whats actually happening.

    • @vicm6561
      @vicm6561 Před rokem

      We could shrink the federal government and save billions. The government is a waste of resources runs very ineffectively... all you have to do is look at the post office they negotiated a deal with Amazon that they loose money at.

    • @AndrewCarey69
      @AndrewCarey69 Před rokem

      uh yeah,this imbecile is so far gone and so deeply entrenched in trusting MSM narratives and the government spin on everything that he is almost literally the only person left on planet earth that doesnt see anything wrong with the corona shitshow of the past 3 years,how it was portrayed and reported/dealt with and thinks that the injections were perfectly safe and effective and entirely warranted...he is beyond help.

  • @Zeus_Clashes
    @Zeus_Clashes Před 3 měsíci +1

    Man the way he keeps trying to talk over Patrick really pissed me off. Like be a grown up and wait for your turn. Such a self centered person

  • @alexswift
    @alexswift Před 4 měsíci

    “I think we have 7 or 8 employees on payroll”
    “I don’t know, I think we post on rumble”
    “He wouldn’t stop making movies just because it is all taxed”
    “Yeah I’d have to scale back if that much was going to fees”

  • @brucemcdilda6602
    @brucemcdilda6602 Před rokem +117

    "I'm not talking about cutting revenue from business " We are just going to take it from them once they earn it for the good of everyone. Somebody lock this guy in a room with Thomas Sowell and a few actual facts ... stat. No one is going to be disincentivized to work harder when the government reaps the reward of their hard work ... they will do it for their enjoyment of the work.

    • @NIK-iz1pk
      @NIK-iz1pk Před rokem +7

      He's right PBD's analogy was wrong. You pay taxes after employees and expenses are paid. Profit is cut but not revenue.

    • @grospipo20
      @grospipo20 Před rokem +1

      You pay taxes after you earned a revenue or loss. Seeder was just saying that this is different then a fee which you sometimes pay instantly. The entire point is Seeder telling Patrick Bet David that his fee example is not the same as taxes.

    • @venicebeachsportsnetwork6677
      @venicebeachsportsnetwork6677 Před rokem +4

      Thomas "giving people resources doesn't help them" Sowell yeah a real intellectual 😂

    • @generallytso1077
      @generallytso1077 Před rokem +1

      That’s not the argument. The argument is that if you’ve already made $3 million you’re not gonna stop working.

    • @maximustrolleus9860
      @maximustrolleus9860 Před rokem +1

      how does it stop you from working if it is a incremental tax system? you still make more money at the end of the day. besides taxes slow down inflation so whats the point in working if rent and food goes up?

  • @sethwade1430
    @sethwade1430 Před rokem +164

    This is the fourth or fifth interview I've seen you have with an American lefty in the last 60 days.
    I'm guessing the majority of your audience aren't exactly Bernie Bros.
    As someone who's politics pretty well align with Sam Seders you're doing possibly the best job at a long term debate/discussion that I've seen from anyone who's conservative or not left.
    Having these types of discussions without edit and without trying to talk over the guest builds a lot integrity. I respect that and I look forward to your talks with other American leftys in time.

    • @billyconnelly3568
      @billyconnelly3568 Před rokem +13

      Yeah, I agree. It could be unfounded confidence that explains why he posts these, but whatever it is, he's doing a service

    • @ltarmenia4ever
      @ltarmenia4ever Před rokem +10

      This.
      I'm on the "Dissident Right" but we really need conversations across the spectrum where we can assume good faith from participants and see if a light bulb moment can be reached.
      I've had some light bulb moments over the years such as coming around to M4A, wealth inequality, private unions, etc.
      Would never have happened without guest discussing all these various topics

    • @feelthebern3783
      @feelthebern3783 Před rokem +6

      @@ltarmenia4ever Lucas, how do you interpret the fact that half of PBD's audience is circle-jerking about "having the respectful and thoughtful conversations", while the other half is mischaracterizing and straw manning the f out of Sam's positions? If honest debate is important, why isn't this right-wing audience an honest one?
      Would love to hear your response.

    • @ltarmenia4ever
      @ltarmenia4ever Před rokem +4

      @Feel The Bern you assume the nature of his audience and their presuppositions and worldview - but we should expect constant strawmen regardless. That's where conversation across the other side usually ends up. However it still needs to happen. The more exposure the better the chance to hear the message and not pay attention to the messenger.
      I expect most audiences to circle jerk - it's true across both spectrums. The key is that they at least are exposed to differing viewpoints during that circle jerk.
      It's better to circle jerk in a large room than in a very isolated bubble.

    • @feelthebern3783
      @feelthebern3783 Před rokem +7

      @@ltarmenia4ever I don't assume the nature of the audience. I scrolled over 20 pages of comments, looked at the thumbs up each comment had, and inferred from that.
      You're doing both-sides bs. The Left doesn't nearly strawman the Right this much. If you wanted us to say "YoU'Re JuSt pRoTeCtINg BiLlIoNaIrES!!!!", we could make those accusations, but we actually give you the courtesy of addressing your points in good faith.
      These people live in a bubble. If I asked any of them what Socialism is, they wouldn't know. If I asked any of them what Liberalism is, they wouldn't know. All of their talking points were inherited by the propaganda of someone else - political discourse is utterly poisoned by unreasonable minds, who parrot the same sht ad infinitum because they heard someone from their bubble say it. This discourse is not productive in any form, and that's majorly ONE side's fault.

  • @33crushman
    @33crushman Před měsícem

    People in the 50s with money paid literally nothing in tax because tax shelters were legal. You could argue the rich paying nothing during that time led to economic expansion for more people.

  • @zaccoop6727
    @zaccoop6727 Před 2 měsíci

    If an owner has a business and it makes 10 million, and has 100 employees...
    If the taxes are high for that one person... that owner can give everyone a bonus for working for the owner.
    It is about paying the people that work for a good business.
    Seder is totally right, gov medicare and social security since they are specifically taxed for those things... medical insurance in the last years of our lives RUIN us. Happens literally all the time.

  • @Hammerback972
    @Hammerback972 Před 11 měsíci +187

    I got injured during my law enforcement career, my agency paid me around 1400 per month for my 16 years of service. They stopped paying me at all when they said they requested some type of paperwork that i didnt know of. Now i have a full-time job, while disabled, my last check stub stated Ive made 15,000 YTD. Listening to this channel last week talking about a household with a "low income" making 80k.... I have 3 kids and im barely surviving on 30k income. 80k i would feel like onenof these rappers with fistfulls of cash and diamond teeth

    • @paganizondasroadster1660
      @paganizondasroadster1660 Před 11 měsíci +17

      Your last line 😂

    • @leithmcguire7995
      @leithmcguire7995 Před 10 měsíci +21

      I too have noticed a huge nonunderstanding of how poor people are. I love that we have social nets but we also need a society that rewards investment into yourself.

    • @user-um8uk9mb9t
      @user-um8uk9mb9t Před 10 měsíci +16

      Hey I was just as surprised that they considered that "low income.". I kept asking myself how can I be a part of the low-income club because I too am about three tiers below "low income."

    • @Shiroyashasama
      @Shiroyashasama Před 10 měsíci +9

      I live in Boston and make 80k now and can tell you that as long as I live in this city I’m definitely low income. The average studio apartment here goes for 3k a month which would barely leave me with anything after I pay it. Now add utilities and phone bill and I would be living paycheck to paycheck. My best bet is getting a roommate or rent a room and save as much as possible or increase my income

    • @DJdeliverance
      @DJdeliverance Před 10 měsíci +4

      Yet they get to remain on all the well fare and then get a govt issued Glock with a switch and drum mag and I guess govt issued fist of cash like WTF is up with this BS yet us struggling single parents who worked ourselves to the bone n now we can't do it anymore cuz the body gave out before the mind did which sucks and watching that bs makes me so effin angry