Donald Trump and Free Markets

[@XonWechtvt]

It sure became a big story when Trump left New York.

[@bassmaster867]

drop the mic........

[@Totem9519]

Yep, he did eventually leave ;)

[@Starius2]

He stopped being the daddy of NYC to become daddy of the entire country! WEEEEEEEE! DADDY TRUMP!

[@hart5346]

yea move to WH

[@killz0ne215]

@@hart5346 he actually changed his residence to Mara Lago, FL so when he leaves office in 5 years he will be considered a resident of Florida.

[@PowerLord83]

This Trump guy sure looks like he knows what hes talking about. Maybe he should run for office?

[@nicolasruiz8124]

you can't get wooshes that easy my friend

[@condescendingonlineman2136]

Nicolas Ruiz Did somebody say *r/woooosh?* Because This guy was being ironic

[@joltedjon]

Nah he knows nothing. He was given 1 million dollars so like he just you know used his white privledge to turn that into a couple billion dollars. He doesn't actually know anything, he's just a bad orange man. (I'm joking if you didn't know)

[@thepainkiller4939]

@@joltedjon Thank you for telling me you were joking. I almost got triggered. You should put a trigfer warning at the beginning of your comments.

[@wank1035]

ttimo123456 it’s hard to know based from text alone if we are being sarcastic.

[@antone1azet]

Lol, billionaire solution: move to a state with lower taxes.Trump solution: become a president and lower taxes.

[@sir.gregorythe3rd284]

States can still increase taxes.. just ask anyone from Minnesota..

[@NathanielTanFL]

Ej Michlin president can’t do anything about that. Citizens must vote!

[@sir.gregorythe3rd284]

@@NathanielTanFL I know how it works, bud.

[@givemeusernameplease6201]

something needs to be done, somebody has to do it.

[@stopreadingmyusernamebroth9090]

antone1 I think it’s kinda good Trump went through bankruptcy. It shows how he knows how to deal with failure and keep going

[@Jon-vd6ts]

"... you're going to be left with lots of people that don't produce, and then, that's the [downward] spiral, that's the end. Exactly!

[@Bigcheese1334]

You need one of these " before Exactly!

[@obviouslykaleb7998]

Michael Cmar Bro I don’t think he’s gonna see that lol

[@Bigcheese1334]

@@obviouslykaleb7998 well obviously

[@holdencaulfield8239]

Workers produce, not trust funders.

[@chetanyasingh1204]

@@holdencaulfield8239 unemployed workers because of businesses leaving can't produce out of thin air.

[@andor8635]

I to moved from California to Sparks Nevada. because of it. to. To much tax and I'm not rich just middle class wages. I work hard for my money why give it away.

[@bmw803]

So they can buy votes. It's called the entitlement culture.

[@HooyahPeacock]

Reno is great isn't it

[@patsrule213]

+Andor Koval Did you know that 100% of your taxes go to the federal reserve and they loan it out. It's the loaned money that is given away, not the taxes that you pay?

[@patsrule213]

Joe mariconadas The only people who are entitled are the rich people who steal our money.

[@darrelljohnson1319]

Middle class myth God himself said he spoke to rich man and poor man he never mentioned middle class man in his eternal truth

[@teddywawwrzyniak104]

I like Trump. A bit brash but he seems to be doing well for the country. Some working folks complain about their tax break. " I only got $1.50 more per week. When Obama got elected the Bush tax credits went away. I LOST almost $5 a week. And he still managed to double the deficit. Young folks don't unstand that

[@NathanielTanFL]

MaskedDemon that’s a good thing

[@jaypuck6912]

You have to make money and pay taxes to get a tax cut. On my $70/k salary, my tax cut is about $3k per year. Thanks, Trump!!

[@jaypuck6912]

How much do you make? Are you confusing the difference in how much your employer is withholding for taxes with what your actual tax cut will be? Did you use any of the calculators? You haven't actually PAID taxes yet this year. taxplancalculator.com/calc blog.taxact.com/2018-tax-reform-calculator/ I tried three different websites before posting this, and each calculated about the same for me.

[@timothy199662002]

@@NathanielTanFL .5% is a good thing? did you not listen to this vid? its not a zero sum game. wealth can be created. Steve jobs was doing it. engineers do it!!! .5% makes the poor and hardworking poorer.

[@areszippy4434]

Only problem with trump is he has not significantly decreased government spending, so all the money you save in tax cuts is just going into the deficit for your children to pay off, plus interest.

[@nooneshome8746]

" The more you impose higher tax, the more people will suffers " -Senator Manny (Pacman) Pacquiao -

[@lexavaritia7596]

"People dont work just to pay taxes" damn well said

[@cryptovolta4253]

I am constantly astounded that these elected officials are not required to have any knowledge of anything they propose to legislate. What could go wrong?

[@shermanngjazz]

Fast forward to today, President Trump just announced that he's moving out of New York. We all should've seen this coming.

[@ValentineStone]

Trump spitting straight facts, the rich are international, they will move. What differentiates between the rich and the rest is that they are willing to get uncomfortable to get money. They've been doing it all their lives, that's how they got rich.

[@Sarfnic]

Many businesses move to different countries to avoid taxation.

[@joshlewis575]

Move bs parts of their corporations to other countries. Just to avoid taxes, but they sure like that security here. Hence why those headquarters will forever be based in the states.

[@himersampsbutstronger5946]

“I haven’t left yet😐” had me cackling like I’m Camel Toe Harris or something, whatta legend.

[@ledzeppelin1212]

He shouldn't say that. The libs WANT him to leave and they will have no problem raising taxes to get that to happen.

[@ValentineStone]

Btw, about the downwards spiral, my country did that. When Bolsheviks came to power they killed most of the producing people in gulags and camps "distributing" their wealth, the small part escaped or managed to hide in the new ever growing government. That made for a great subordinate people in the Soviet Union. And look where Russia is today, we still haven't recovered fully. When there is not enough powerful people, it's much easier for one of them to just overpower the rest and rid themselves of competition.

[@arturslauss213]

Well my country of Latvia was illegally occupied by the Soviet union and endure great suffering because of it. I think most of the former eastern bloc knows better than to trust sweet marxist lies.

[@Laughwithmelol]

When the rich by things like Yazz limos and Jets the current jobs from the people who build them sells them and maintain them. I have never got a job from a poor man.

[@thebigone545]

Government welfare employees would disagree. They make al of their money serving the poor.

[@TkerIsAPimp]

@@thebigone545 their job is serving the poor but those folks get back most of their taxed income.. who provides the money for the job? Rich people.

[@1queijocas]

@@thebigone545 welfare does not generate wealth, it is only government spending

[@cheesemccheese5780]

buy

[@limerickman8512]

Ireland have high rate of taxes on earnings, the more you earn, the higher rate you pay. Guess what, We do not have high number of multi-millionaires or billionaires. Most Irish who are earned their multi-millionaires or billionaires income left the State. The idiots (socialists) who wants even more Taxes on the Rich are confused why the Millionaires and billionaires decided to setup shop elsewhere, where paying Taxes are cheaper. They want to tax their passport use, etc. The millionaires and Billionaires have started getting passports in other nations by becoming Citizens in other nations, and creating jobs and wealth in those nations. Tax Inversion is a another thing that Companies are moving their head quarters out of the High Tax nations. When Ireland dropped it corporation Tax rate along with it Tax and double taxation treaties with a wide number of nations around the world and Eu membership and English speaking population, companies used Ireland as a destinations to setup shop and created Jobs. Tax Treaties: www.revenue.ie/en/practitioner/law/double/double-taxation-agreements.html www.revenue.ie/en/practitioner/law/tax-treaties-rates.html Corporation Tax Rate: www.revenue.ie/en/tax/ct/ Personal Tax rate: en.wikipedia.org/wiki/Taxation_in_the_Republic_of_Ireland www.revenue.ie/en/tax/it/leaflets/it1.html Now you see why Millionaires and Billionaires left the Irish State. The progressive Rate rate punishes people who earns more.

[@seanconnery2605]

Limerickman: Dame glorious citation! Good job sir!

[@limerickman8512]

sean connery France had a Super Tax of 75% on millionaires earnings for two years. Guess what happened. They move out of France and they failed to get the best Talent to emigrate to France. They had after 2 years had to retreat from that Super Tax that the Socialist Government under President Hollande wanted to fill a big hole in their gaping budget and made it far worst. The Top rate of income Tax was reduced back to 45%.During those two years they failed to attract foreign business and individual to move to France and The reform clearly damaged France's reputation and competitiveness. It clearly has become harder to attract international senior managers to come to France than it was. Other people reduced their pay under the Threshold for the Two years, hoping that the government would scrap it. I still do not believe the government have learnt from their mistakes. They lost the Trust of the International Business community. Places like Luxembourg and UK had benefited from France Mistake. www.forbes.com/sites/jonhartley/2015/02/02/frances-75-supertax-failure-a-blow-to-pikettys-economics/#20b662ba559b www.expatica.com/lu/finance/Income-tax-in-Luxembourg_103752.html

[@monkey-bananas2890]

Man poor Irish. They can't never get a break

[@Ariaga_II]

“You’re going to be left with a bunch of people that don’t produce, and that’s the spiral, that’s the end.” Very true, simple, and unfortunately most people don’t get it. They’ll eventually figure it out once it’s too late though.

[@PaulMarostica]

Some will never figure it out and will try to tax even more, accelerating the downward spiral.

[@usarmyveteran177]

And once it’s too late then the left will always blame it on their political opponents instead of looking in the mirror and doing some self evaluation, owning up to their irresponsibility, stupidity, etc. They will always and forever screw things up and never blame it on themselves.

[@arioneich8679]

The personal income tax should be eliminated completely, as should all property tax. Prior to the Federal Income tax, the Federal government was funded entirely on taxes of corporate profits, and that's what we should return to. Set the taxes to favor businesses of 200 or fewer employees, and increase it exponentially beyond that size. Sales tax can supplement it at a state and local level.

[@mojungle3054]

Hehe MAGA

[@techhelpportal7778]

He doing a good job

[@patsrule213]

Tech Help Portal How is he doing a good job, he has more debt than Obama had in his second term. Obama added 4 trillion in his second term, and Trump has added at least 4.4 trillion in his first term. Both parties are full of criminals and we keep voting for them, so why would they change?

[@yuvraj7214]

@@patsrule213 bruv, presidents dont add taxes, confressmen do, presidents can suggest congressmen debt reforms but its up to them whether they want to take the advice or not, either way, blaming presidents isnt gonna do anything

[@AcidMushTV]

@patsrule213 He took out a loan to rebuild the destruction Obama left behind in the system.

[@dmt02459]

@@yuvraj7214 Point well taken, and I'm with you on the progressive tip. But, in this case, "president" Trump, to keep the markets steady, which was his ace in the hole toward re-election, downplayed the coronavirus and took no definitive action until it got a catastrophic foothold in the United States, which has essentially tanked the American economy. Yes, the House and the Senate generated the CARES Act, which has added between 4 and 6 trillion dollars to our national debt, but it is mainly due to Trump's lack of transparency and incompetent leadership that has put a majority of Americans deeper in debt.

[@ButterySkater]

He did leave. He's a Florida resident that lives in DC. Lol

[@MustangsTrainsMowers]

Same thing as when you are looking to buy a good mixer to use in the kitchen and it costs $112 at Target, and $95 at Walmart. And the two stores are close to each other. Which store do you buy it from?

[@Erickjimenez15]

Boyd W depends on the warranty and brand name.

[@joshlewis575]

Why should they cost different prices at different places? How come Walmart can buy their products for less than their competitors?

[@tribot_leader]

@@joshlewis575 it's that target charges more, the products are both made in asia somewhere

[@joeyGalileoHotto]

Costco

[@abqduke]

People, especially the rich, are not stupid.

[@tjti2631]

No pies were harmed in the making of this video

[@sonnysmith5243]

2:55 looks like the govenor going in for a line of coke

[@HateTheIRS]

🤣

[@seanconnery2605]

He's got big hands!

[@AnnaLexi]

*_You were so uptight on Howard Stern.. You need to go back on soon!! & crazy how Donald did leave NY!!! I think he’ll be much happier living in Florida.. Plus he’s older now hope he’s taking it easy!!_*

[@kek397]

I think one of those big business owners should run for office and fix these issues.

[@friendsoftheamazonjungle]

When I hear, "it's the government's job" I shut off. Government isn't the solution. Government is the problem. And journalists are close to follow

[@_Amor_Fati]

I agree! Now I'm curious, do you consider yourself Libertarian? I ask because I think a majority of voters are unaware they actually share many similar views with people considered the opposite political stance. Dividing in groups that hate eachother doesn't seem to help things ✌❤🌍

[@asddsfdsaasdf]

Thank you great content

[@richardcabrera1583]

Excellent journalism

[@abrahkadabra9501]

I don't want the rich to pay more tax, I want to get the same tax loopholes they get....and they get lots of loopholes. Bottom line is you can't get rich working for a paycheck.

[@circletech7745]

Business owners are allowed to deduct any expenses to operate their business while employees are not. 100% of money paid to an employee is taxed while a business only has to pay taxes after their expenses such as their car, gas, food eaten while out, and inventory have been factored in.

[@alfredhorg]

This janitor disagrees: howibeatgold.wordpress.com/2017/03/27/janitor-amassed-an-8m-fortune/

[@bretroberts950]

You can deduct work expenses.

[@bretroberts950]

@Ken MacDonald that's what I said.

[@abd_cheese7353]

Thing is, if you can't get rich by working, how would the middle class pay all of life's expenses: house, car, healthcare, taxes, groceries, maybe child care, bills, insurance, etc. How am I supposed to pay hundreds of thousands of dollars that I don't have on a hospital bill just because the hospital decided to charge that much to make more of a profit?

[@shannonzittlow8462]

Trump 2020 🇺🇸🗽🇺🇸

[@rubadubmedia]

John, you are a legend.

[@Excard0n]

Did anyone else get a Joe Biden ad when loading this up? Lol

[@romulus9990]

I love pie! I don't want government taking pie from me and giving it to others!

[@toughmanrandysavage3077]

I miss crazy Trump, he has gotten too political and proper.

[@sonicdudeatdawn2]

proper? Pfffffffffffffft He's still crazy and funny X3

[@lgnfve]

God bless Trump. MAGA, Trump 2020 !!!

[@cesaryaelmurillosandoval3313]

MAGA TRUMP 2020! Blessings from Mexico!

[@MrDanielfff777]

Great vid!

[@toughmanrandysavage3077]

GROWING PIES!!!! I DON'T CARE HOW MUCH TAX NONEY YOU NEED TO MAKE THIS A REALITY YOU DO IT!!!

[@dandundun]

Genetically modified pie trees! Shut up and take my money!

[@techhelpportal7778]

I live in maryland and agree

[@russelldodd93]

Baltimore Md. Enough said.

[@JohnAlbertRigali]

Like Art Laffer, I moved from California to Tennessee. I'm so much happier with the Tennessee state legislature and Tennessee's lack of a state income tax.

[@Therealestrunnerluda]

Just dont bring California liberal ideas over here and youre good

[@shermanngjazz]

Now Trump is in Florida now.

[@spook7081]

i wish i could eat some pie with john stossel

[@OmegaTou]

Prophetic...

[@BlueAxeRacer]

This Trump guy should have run for President.

[@cadenhood]

God almighty. Do politicians not understand simple psychology? Hell, the concept even falls under biology! It's one of the characteristics of living things; reaction to stimuli.

[@mustang607]

Most rich people make more "pie" available for everyone, although not all.

[@thedogrunner]

Best President Ever.

[@arayabuchichi3798]

We the people need President Trump back in the Oval Office 🇺🇸 asap

[@agnosticarab8964]

Man... Stossel, you turned me into a Trump supporter

[@Boristien405]

I don't think that was his goal lmao. Stossel isn't too fond of Trump's politics. Just cuz Trump is way better than Biden or Bernie now doesn't make him good. He still increases spending, imposes tariffs, restricts gun rights, and has tried restricting other liberties like travel.

[@deadweight7334]

@@Boristien405 increases spending because democrats don't want him to remove useless departments, imposes tariffs to keep jobs in the US, restricted gun right, do you really want any tom, nook and granny to have an AR, and restricted travel, there is something called the corona that's flying around, did you hear about it.

[@Boristien405]

@@deadweight7334 Trump hasn't even tried removing useless departments. Don't be so gullible: you can't blame the other side for everything. That's the oldest trick in the book. Trump had more than a year with a Republican House, Senate, and Presidency. And yeah I'm a libertarian and understand economics so I know tariffs are ass regardless of the context, I think every law abiding citizen citizen has the right to own an AR 15, and I'm against the mass surveillance, bloated military spending, criminalization of drugs, and caving in to Democrats by supporting lockdowns. This all happened without covid too. We just have different views. If you like authoritarianism I won't convince you over a KZbin comment; Trump is the better candidate for you in that regard. I care about individual rights and value freedom over security because I know that power can be used against me when there's a president in office I don't like. That's why someone like Jo Jorgensen is obviously going to be a better candidate for me than Trump. Trump is better than Biden but don't make excuses for his actual faults. He's not perfect. If you catch your self defending and agreeing with him for everything ask yourself if you're really a free thinker. There's some stuff Trump has done that aren't good; nobody is perfect and no president has come even close to "great" let alone "perfect" 😂

[@mikebagwell8229]

Lol The 2006 Jaguar can probably be had now for

[@marcm5929]

Under 5k. Cheap model s type

[@mikeofwar2684]

I'm still waiting for my pie!

[@jordanvillanueva9606]

Lamont hill is rich also.

[@SemiMono]

Raising taxes is like raising the price of a product. Sure your margins go up, but your sales go down. There's always a sweet spot, where raising taxes any further would cause sales to go down more than profit margins to rise, or where lowering the cost would cause margins to go down more than sales to go up. Funny enough, there are often MULTIPLE "sweet spots". You get below a certain price and sales skyrocket. The lower that price (all other things being held equal) the better the quality of life for everyone, except the seller. Why do government officials want to raise taxes, I wonder?

[@mgmartin51]

We need higher taxes! How about less spending by government? Ever see that mentioned?

[@Mikeygamer1]

Why did the governor sign the tax increase like that he looked like a kid forgin his moms signature HAHAHA

[@iveldouglasburton3841]

Another reason the stock market should fall is the public sector's contributions to GDP and unemployment...our infrastructure is eroding no matter how much tax revenue is collected.

[@milomorgan2107]

Almost like more government rules equals less prosperity.

[@oldreliable303]

How much pie did you and the camon crew eat aftore filming this? Pie is good...

[@jacobfinemusic]

God I really want pie

[@42luke93]

2:44 I love that! No excell! Pencil, Calculator and Paper is the way to go!

[@alexandereaton7983]

When yer thay one thousandth like

[@demsyciu]

The government out of money is not the rich fault, it's their own fault why they can't manage their money properly!

[@ab-ul1yz]

In part, this might be because there are too many difference between the income taxes of one state or another.

[@gregdubya1993]

Federalism works.

[@DustGamezX]

It's pretty natural honestly, if you have too high taxes people will either take loopholes to reduce them or leave to a place where it has lower taxes. People don't work their ass off to build a company from scratch just to pay loads of that money in taxes. They should be lowered for everyone so that everyone is content with paying them, and there is also plenty of useless things to cut that government spends on.

[@michaellowe2305]

Uh , art laffer looks the same as he did in the 80s?

[@chmmwv457]

Hurts the poor. They don’t have CPAs.

[@rhettnotlink]

Well he is leaving. Moving to Florida!🇺🇸🇺🇸🇺🇸

[@joelford92]

Trump 2020

[@scottbros6368]

First the Federal Reserve loans out the money to the top who then invest the money and create jobs, housing and products that consumers pay forward with interest if they like or have to have them. Unfortunately the vast majority just buy preexisting housing, stocks or companies that are already producing rather than new investment....😶

[@christianewing1113]

Failure of government

[@ben3364]

🍊

[@michaelcombrink8165]

I'm not great at business but I try entrepreneurial stuff, and it's always funny/confusing when people assume there's only one way of doing things What's your income? Which one, before and after which deductions/revenues/adjustments/etc? Where's your residence? Well I'm asking you what I can be approved for so I know where to set up People seem to think that everyone has to go down various roads and settle for the gold only at the end of over rainbow, If it suits me, I can make my income come from here to there, in this or that manner, I can register my business anywhere, I can apply for credit under the businesses name, I can shelter my income to be almost tax free, And I'm a little guy that's only been at this for a few years, They don't think that billion dollar companies that have been around 50-150+ years won't have a way out And even if they do luck them up, steal their property, do these politicians think they can run anything anywhere but into the ground? Or do they know, that the only ones who will be hurt are all the little guys and sheep, they profess to be protecting, Maybe the politicians know that the rich will escape, the poor will become more impoverished and dependant, and small businesses will fall? ?🤔

[@nigelsmedley7737]

Liberals need to learn from this

[@abd_cheese7353]

What is it with people blaming liberals over anything?

[@shermanngjazz]

@@abd_cheese7353 Because the liberals are entitled about why rich people should bail them out by paying more taxes and that the rich people should be obliged to give up their money. These liberals want free shit.

[@MediaBuster]

And Trump did end up leaving to FL where there is no personal income tax.

[@henreyeraser3402]

Anyone know who this Trump guy is? And did he move yet?

[@xtoysoldiierx7]

Go to minutes 4:25 ...... hands down .... haven’t left yet.....

[@mookiefat5]

Atlas Shrugged anyone?

[@nippy7425]

mookiefat5 nah...

[@mountainmandale1587]

Trump is correct. It's just economics 101. He knows and everyone else does, too.

[@kinjay2173]

I just watched a John stossel video where he said rich people needed to pay more tax that they get all the tax breaks and freeload off the government. Now he's saying they don't need to pay more tax. I wouldn't expect anything different from a libertarian. It's nice to see someone stay consistent on the issues John

[@HateTheIRS]

John Stossel was joking, about the first part

[@thefakenewsnetwork8072]

Im jesus

[@Bruh-ff2tw]

When you don’t have wealthy entrepreneurs to foot the until bill you won’t have mass innovation nor increase in production. Economic output will stagnate and the people will suffer.

[@pak3ton]

2:58 i guess this guy didnt "see" what him signed. Bada dum ts

[@johnmonk66]

There would be no pie if not for capitalism. Over a billion in the world have come out of poverty thanks to it.

[@justhavnfunhere590]

Kind of clickbait. I liked the video anyways.

[@MrTrolloling]

Mark Lemont Hill, the greatest of the absolute worst liberals.

[@hankigoe8615]

over 4 million a year in state taxes???

[@jynflyn1679]

I feel like rich people should pay more money, but they should only spend a slightly larger amount. You shouldn’t make them spend thousands of more dollars.

[@walkerbrosfilms7077]

Maybe they do get a lot of pie. But that’s bc they built the fucking oven and the kitchen

[@aps-c1766]

Told yah Capitalism is working

[@nadademamaditas]

Hey John why don't you cover Qanon?

[@account2871]

The majority of rich people get that way because we give them money for the things they produce.

[@JanSanono]

Lmao, using Laffer as a serious source.

[@guptabhishek]

Srsly, lost a bit of respect for John because of that

[@MrMattstearns]

Don't worry people Joe Biden doesn't even know anything about a pie, hell he will be out in outer space by November

[@shermanngjazz]

Love him or hate him (I have mixed feelings), Trump has a point here in this video.

[@JohnSmith-oe5rx]

Sherman Ng Trump was perfect before all of the other bullshit, he’s turning way too political and politician alike.

[@shermanngjazz]

@@JohnSmith-oe5rx Well he ran for president, got the job, now he's a politician, nothing too surprise here.

[@JohnSmith-oe5rx]

Sherman Ng He isn’t kneeling to the Media or PC friendly, but he’s really turning into too much of a political guy

[@darksole2585]

What’s a good respond if someone say “ but he’s trying to remove women and gay rights “? Some suggestions please 🤔

[@patrickdurham8393]

Thank God Trump didn't leave.

[@shermanngjazz]

He moved to Florida.

[@thefakenewsnetwork8072]

Im god

[@j.fernandes6585]

Interesting how non free market Trump has become by defending tariffs in the name of some "fair free trade".

[@Ekim1740]

what free trade?