When the 1% walked into the crowd.

Have seen this before, I think the dude in the crowd is right. @grok, when Schiff says "no one paid those higher taxes", give me the stats on that. Even if tax avoidance was higher, it would need to be a massive amount to justify his claim that "it wouldn't work".

There should be zero taxes on wages as income tax is intended to be applied to profit and wages are one half of a trade. If a capitalist is better than you, instead of asking big daddy government to steal his money go generate more wealth for yourself.

99% of the people earning more than a million per year are not doing honest work, they either legally ripping people off or assist others to do so. And if you quit working to play golf that's still good, the money will get reinjected into the economy and go to the middle classes.

Peter Schiff is a legend

yeah commies do not like rich

That 1% is Peter Schiff

If they did what he claimed they should do then their business will just go out of business and be deemed a untrustworthy company by the public and smaller businesses would flourish, I say he should do it, see how quickly customers jump ship from his business

@grok where is this video from

yet he would not stop working for the year as that would kill his business and it would be 20x harder to make that 2 mil next year genuinely retarded argument

The economy was booming because America built stuff then Bill Clinton pushed for China to join WTO and the west went to shit and lost manufacturing. Sportswear Companies took factories to countries where they could pay a 12 year old $1 a day to work 14 hour shifts.

since the 60's corporations have made so much more profit its insane, companies like Walmart literally have a near monopoly so they're free to hike prices without any fear of competition and competitors like visa and Mastercard literally work together so yeah we can tax them more

If his first reaction is arguing things worked before should also be applied nowadays without providing any legitimate reasoning, then we would have a very interesting conversation about cheap labor through slavery .

But we should work 1/3 of the year for free to pay taxes.. Can we just work the hours needed for our own bills n what not, then just go on vacation the last 1/3? Since we hit our personal limit.

@grok Find me the full original video