My Thoughts On Paying Higher Taxes (Joe Biden Response)

THE NEWEST TAX PROPOSAL:

00:00 - Paying Higher Taxes
01:52 - 44.6% Capital Gains Tax
03:54 - Total 59% Capital Gains Tax
04:57 - 39.6% Top Federal Income Tax
06:21 - Creating Videos with InVideo AI
08:02 - The 25% Wealth Tax
11:40 - Removing Unlimited 1031 Exchange
15:35 - Tax Stock Buybacks (Lower Stock Prices?)
17:12 - Higher Corporate Taxes (Lower Wages?)
19:05 - My Thoughts On Paying Higher Taxes

The YouTube Creator Academy:

My ENTIRE Camera and Recording Equipment:

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[jjquan]

Full transparency on where our tax money goes is by far the best thing for the US citizens

[tatianastarcic]

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better

[maxkudos]

The government will always ask for more water to fill the bucket rather than trying fix the hole in it.

[ThereaPugh]

Bought AMS89H at 1$, I will keep it until 2025 when it reach 250$

[logancollins]

Being a US tax payer is like being in a relationship with an unattractive gold digger.

[Mrbigglesworth]

The government taxing unrealized gains is the equivalent of me claiming my sperm as dependents

[DMDBSJD]

20+ year Tax Attorney here . . . very well done! Great analysis and explanation of a very complex area of law.

[irfanAbdulsamet]

With AWMKPX this year is way different and way more powerful as well. These guys did everything right and they can only improve more and more, love it

[jamiemoyer]

Government be like “reduce spending?!, nah, we’ll just raise taxes and keep spending.”

[KillerChickenz]

i feel like they're trying to punish billionaires but don't realize how unfair this is to ordinary people.

[ChristianHipHop]

What I think most people don’t really talk about in these conversations is with the value of money continuously going down before we know it $1 million a year income might be lower middle-class 🤔… eventually almost everybody will be paying it however, the richest of the rich will still and always have a way not to pay. These increases eventually only hurt the working class.

[NWforager]

tax on UNREALIZED gains for average investors is an INSANE Money Grab . Its not like the Gov is efficient at using using taxes .

[FrankBendler]

In Germany we pay so much taxes that it drives me crazy. You earn 100$ : 20% of VAT, then 50% of that for income tax, then you have to pay like 15% trade tax, plus special payments like the IHK, and even when you make money with your taxed money they have taxes for that to. I will be so happy when I leave Germany. Can’t stand this any more

[donaldchoi]

59% tax is better than you giving fraudulent advice to your bank Yotta and FTX keep it going people losing millions

[why]

We need to cut the government by 50% or more, and cut the budget by 75%

[AlexWinkler]

If I'm paying over 50% taxes (this is already way too much) I don't care where I'm living I'm moving

[airplanekiwi]

Primary residences should be exempt from capital gains taxes

[loganthomas]

Definitely want more videos like this. You keep us well informed.

[RLSteve]

This has nothing to do with raising revenue and improving the economy, this is just about punishing people who have more.

[Carsonk]

I think what bothers me most about the media surrounding taxes and all the political figures that advocate for changing the tax code is that any sort of rule that allows for lower taxes in certain circumstances or provides some kind of tax advantage is ALWAYS deemed a "loophole". The word loophole implies that those that take advantage of any available tax benefits are circumnavigating the law in some way to get an unfair advantage. These "loopholes" are literally written in the tax code and their sole purpose is to lower taxes 🤦‍♂️