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The state of Washington state - it's not looking good. HEYING: "Could functional systems be better with more money? Usually that is the case. When you have non-functional systems that demonstrably don't do anything good with the money they've got, you don't keep, not even asking, but DEMANDING more...

11,216 次观看 • 6 个月前 •via X (Twitter)

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Zack Polanski, "It's a tax on assets of 1% on £10m+ or 2% on £1 billion+" "The most obvious win here is to bring Capital Gains Tax in line with Income Tax" "The reason why that's important is right now we tax earned income more than we tax unearned wealth" "If you're a cleaner, you could be paying more tax than the person who owns the building that you're cleaning" "It's completely absurd. It's a political choice. We can make different political choices" "When Ruth said it's difficult to find wealth, that there are practical challenges, so let's spend more money on HMRC" "We keep underspending on the NHS, it shouldn't be a surprise we have a sick population" "So yes, spend money up front on public infrastructure, on our services, but we're getting that money back, in terms of a much better economy and a healthier population" "It's outrageous that we would have any more spending cuts" "People in this country are tired and exhausted" "They see the cost of living raised and they're not seeing their wages go with it" "We have wealth in this country that we can redistribute" "So the idea that people who are already struggling, as a result of political decisions and consequences of the past decade, are going to have to suffer another round of cuts" "It's not a surprise to me when Nigel Farage talks about connecting with people's fear and anger, that's he doing so well" "Of course I say this because Reform UK's solutions will make things even worse" "That's why the Greens are doing so well right now, we're offering hope and some practical solutions" "To say we don't need to cut spending and actually we need to tax the wealthier in our country more and invest in public services"

Farrukh

309,579 次观看 • 11 个月前

Iman Shumpert says having kids is what really drains athletes' money. Iman Shumpert: Another thing... when y'all having y'all kids, moms be having hella kids, but it's like... they're court system kids. “While you're playing, that baby mama is draining your account every month, but you don't even see it because you're still playing. “The moment you stop... you're going to start feeling it.” Interviewer : If you're making $40 million a year, $20,000 or $30,000 a month doesn't feel like anything. Then you've got private school tuition on top of that. Iman Shumpert: I do numbers really well. I saw that Odell quote, and I don't think he was talking about himself. “He was just saying he understands how people mess that kind of money up.” “But the one thing he didn't talk about... is the kids, bro.” “That's the real wrinkle. You can live however you want while you're playing, but once you start having them kids, money keeps going out every month. “Then after you're done playing, you're not making as much anymore... and now you really feel it leaving. Interviewer: And then you've got to pay the attorneys... yours and hers. Iman Shumpert: Yeah... that's what I'm saying. Interviewer: And then the house. You love your mom and dad, but don't go buy them a $3 million house. That's a lot of upkeep. “When you're making that kind of money, you don't miss it. “But when money keeps going out... and nothing's coming in...” “Just keep pouring it out and don't put anything back in... you'll see how fast it goes. You're going to be pissed. That's what people don't realize

Jeff

423,931 次观看 • 2 个月前

SHOULD GOVERNMENT BE ALLOWED TO TAKE PRIVATE PROPERTY? “People are waking up to the fact that the asset seizure tax is an elimination of private property rights, that fundamentally what you're saying [is] that private property now becomes public property. Because as soon as you give the government the right to collect your post-tax assets through a legislative vote, you are basically saying that you no longer have private property — because at any point in the future the government can vote to say I'm going to take your private property — which is different than an income tax. [An income tax] is when you earn something that you didn't have before, and they take a percentage of your earnings (of your income). The statement now is after you've made your income (it's now your private property) — they can come and take it. And so that is a distinction that has never existed in the United States. And I will make the retort right now to property tax, because people always say to me: ‘what about property tax?’ A property tax is a service fee on a particular, specific asset. The money that is collected provides services for that asset to make it more valuable. So you get roads, infrastructure, policing, fire, schools… All the stuff that comes with property tax makes that property [more valuable]. And you have the option at any point you want to sell that property and stop paying that property tax. You have the option at any point to downgrade your property and get a cheaper property and pay [a lower tax]. And here's the other important point about property tax: it’s uniform. Uniform means that everyone pays the same percentage, the same property tax rate in a county. This asset seizure tax that's being proposed is a demographic tax — meaning that the state or the legislature defines a specific group of individuals (in this case, they're saying anyone with a net worth over a billion dollars) and then they can go and take assets from only that group. That is nonuniform taxation. It means that for the first time we're saying based on the demographics of a person meaning whatever you want to use to define that person (in this case their wealth) — you are going to be treated differently. And that is different than an income tax, because remember when you have graduated income tax rates (and you say high earners get taxed more) — what you're taxing is the earnings, not the individual. You're not looking through to the individual to determine whether or not they're wealthy. All you're doing is looking at the independent earnings amount that's coming in. And so a uniformity clause is supposed to protect people from being demographically discriminated against. And you may roll your hand and be like: ‘Oh, who cares about the billionaires? Eat the rich. That's great.’ But fundamentally, you're giving the government, the legislature, the ability to in the future take any demographic definition they want and go in and take any percentage they want of after-tax property from you. That is why this is so troubling.” david friedberg The All-In Podcast

Ron Pragides 

258,567 次观看 • 8 个月前

French economist Thomas Piketty explains to Zack Polanski that how a local wealth tax should Include an exit tax, adding rich should pay their fair share in proportion: "Let me make very clear that individual countries like Britain or France can very well have uh, uh, progressive wealth tax and billionaire on their own right away." "They don't need to ask the permission of their neighbors or the United Nation, or they don't need to wait for world unanimity." "The only thing they need to do when they do wealth tax on their own is to make clear that if you have made your wealth in, in Britain for many decades by benefiting from the public services in Britain, by the legal system of Britain, because creating wealth, accumulating wealth is always the outcome, uh, of a collective process where you use institution, the legal system, the education system, the health system, the transportation system, the road system." "If you have benefited from this during many decades, you cannot simply walk away at age 50 or 60 or whatever and say, okay now, bye bye, I don't pay tax anymore." "So the first, the only important thing you need to do when you set up a wealth tax, say in Britain, is to say even if you go away, you keep paying." "The way the Americans do it, is by saying as long as you keep U.S. citizenship, you pay even if you're in Switzerland, wherever you want." "I don't think this is the best way." "I think a better way would be to make people pay in proportion to the years of, of residents that they have spent in the country." "So if you have spent your first 50 years in Britain, you move at age 51, well that's fine, do that." "But you know, you keep paying 50, 51st of the tax that you would have paid." "So the fiscal cost for the treasury is quite limited." "Yes, so that's the important point." "And once you have said that, I think all the arguments about tax evasion sort of fall down almost immediately." "Now people will tell you, oh, but you cannot do that." "Of course you can." "The problem is that we have put ourselves in a situation to think that the very specific treaties about capital flows, what we have come to call free capital flows that were set up in the 80s and 90s, are sort of law of nature." "The idea that you have a sacralized right to benefit from the public services legal system in a country as much as you want, and then you push on a button and you can transfer your assets wherever you want and nobody can follow you and nobody can make you pay." "And it's a sort of new sacralized right." "But look, this is a uh, completely crazy system." "This is a machinery to make normal people middle class and lower class people hate globalization." "And if you tell people there's nothing you can change about this." "There's nothing you can change about inequality, about economic policy." "We see the only thing government can do is to control their border for, uh, migrants." "And then of course, 20 years, 30 years later, the entire political conversation is about border control and identity." "But that's because you close the discussion entirely about, uh, uh, economic and fiscal policy." "So we have to reopen the discussion." "And the first thing to do that is to question free capital flows in the sense that you don't have the freedom to escape taxation after you have benefited from the public services and public institution of a country during so long." "So if you address this directly and make clear that you will keep paying in proportion to the number of years you have stayed in Britain, then um, um, I mean, you can also combine that with rules about the location of the assets themselves." "As long as the assets are located in Britain, of course you can make people pay." "But it's important to, to have also the number of years you've spent in the country so that even if you move your assets away, you keep paying and you don't have the choice otherwise your assets can be taken away from you if some of them are in Britain, if you return to Britain and you've not paid your tax, well, you will be subject to the sanction which anybody not paying your tax." "So that's the first big thing, is that you don't need to have a world wealth tax." "You can do a lot at the level of Britain." "And we should not use this global wealth tax idea as an excuse not to do at, uh, the country level what national governments can do at their own level."

Farrukh

246,134 次观看 • 1 个月前

Rich Roll on why waiting to "feel like it" is a trap: "You can't think your way into the mood that you seek or the state of mind that you aspire to inhabit. Action is the only thing that can trigger that change." Rich uses running as the perfect illustration of this principle. Imagine you wake up in the morning and you're supposed to do a run because you're training for a race. You don't feel like it. So what do most of us do? "We all resort to that state where we think, 'Well, I don't want to do it right now. I'll just wait until I feel like doing it and then I'll do it then.'" But here's the problem with that logic: "If you're waiting until you feel like doing something, chances are you're probably never going to get to it." The mood you're hoping will arrive on its own? It's not coming. Not without action first. "To take the action despite how you feel about it is the thing that catalyzes the state change." You don't run because you feel motivated. You feel motivated because you ran. He points to what every runner knows from experience: "When they finish the run, they're always glad that they did it. They don't generally regret it. And then they feel better." Notice the sequence. The good feeling comes after the action, not before it. The state change is the reward for showing up, not the prerequisite. And this isn't just about running. As Rich puts it: "That example is applicable to all areas of life." The workout you're avoiding. The conversation you're delaying. The project you're putting off until you're "in the right headspace." You're waiting for a feeling that only exists on the other side of doing the thing.

Kevin Tanaka

10,256 次观看 • 5 个月前