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

[@DanielFernandez]

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

[@828_Nate]

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

[@LordRykard9376]

A goon.

[@kyleregan8632]

😂😂 you are a lot nicer than me

[@SVSky]

He's a twit

[@sstrick47]

​@@jasonrahimzadeh2342 Shiva disagrees with you

[@tamimartens-yy1cf]

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]

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.

[@Kitkat-986]

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

[@pdc-cp4uv]

​@@Kitkat-986Yes, 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]

@@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]

@@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.

[@tyleradkins6016]

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

[@obeb787]

And who is the government supposed to be?

[@joelwillis2043]

The government literally prints and destroys money every year.

[@mdchan8644]

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

[@obeb787]

@@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]

😂😂😂 absolutely 💯

[@pedroescal5337]

It’s amazing how PBD keeps inviting people much more intelligent than him and keeps being obtuse with no progress in his argument for years, how can you surround with smart people and have interesting conversations all the time and keep being so ignorant

[@sweetcell8767]

Because he’s a huckster. I doubt he has or even could, read any long book.

[@JJ-vp3bd]

What points do Sam Seder even make

[@TVBjak]

Because his paycheck depends on him being ignorant.

[@fengusburnt]

@@JJ-vp3bd That the government provides some services more effectively than the private sector, and that there should be a higher tax rate on the wealthiest people. He backs these up with more evidence then 'the government is stupid', which is the counter position offered.

[@JJ-vp3bd]

@@fengusburnt which services?

[@jwilkers1]

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]

Which part?

[@GeronimoPlaz]

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

[@yao052]

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

[@grahmthrush4924]

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

[@TJRD8]

Any specific examples?

[@nicolascurcio441]

The big point everyone is missing in this conversation is, when the government sets a tax rate that high, at 90%, is does not expect to capture the money, instead they hope to deter people from hoarding the money, and instead reinvest the money, pay employees more, give them healthcare, pensions, etc. It’s like taxes on cigarettes, they aren’t hoping to collect the money, they are hoping to deter people from smoking, which has worked.

[@michaelgee683]

Unfortunately, most of these people have blinders on and can’t speak for themselves and they don’t get that. I enjoy listening to Patrick’s program however, he has a lot of people that don’t think for themselves they believe everything that comes out of Patrick’s mouth.

[@paidinfull87]

Except taxing at 90% and above $3M won’t encourage hiring, more pay, pensions etc. People will either not work as much or find ways to get under that $3M mark (ie negotiating pay via equity, which defers the tax to time of sale etc) because there’s little incentive to earn beyond that. Within the current fiat money system, you lose money by “hoarding” it via inflation. To fix the problems within the middle class today we need sound fiscal and monetary policy, they are completely out of control. The US had much more sound environment on both back then, a gold standard, spending within the governments means etc.

[@rodricjohnson5950]

​@@paidinfull87that didn't happen the last time taxes were that high. Instead we got the middle class and 50 years of growth

[@OdinsDadd]

​@@paidinfull87 Thats just not true.

[@paidinfull87]

@@rodricjohnson5950 where’s your evidence that it didn’t? Would you work to earn more than $3M in a year when you know every dollar earned beyond that you’d only keep $0.10? You’d probably negotiate something to defer that or alternative compensation. My point is people like this guy pick and choose stuff to fit their argument of today. When in reality the fiscal and monetary environment of the 50s was WAY different than today and likely contributed to more people having success rather than just the tax rates. So for 90% tax rates to work, you’d probably have to revert back to those old fiscal and monetary policies to recreate a larger middle class. I would be in favour of that if it brought a more sane fiscal and monetary policy that’s not the QE insanity we’ve had for decades which has destroyed the middle and lower class. Instead that’s not the conversation, he’s just arguing for more government overreach to fix the problem they created in the first place

[@jacobframe8769]

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

[@trevorpullen3199]

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]

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]

Great comment.

[@rambomoore381]

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

[@LaminarSound]

@@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.

[@OriginalKarasu]

I love the middle class people that have 20k saved up and fight very bravely defending the billionaires and say they should not be taxed at a high rate 😂😂😂

[@kakadu53342]

Or the poor people who bought into the idea that a “winner-mindset” will make them rich in the future, and they don’t want to be taxed in their imaginary wealthy lifestyle 😂😂😂

[@Juan_Hundo]

Totally guys. Poor people should have a loser mentality begging for big brother’s boot. Idiots.

[@jessicacoates1611]

I respect them as well and the issue is this, you can take 80% in taxes and the government will still not do shit for the people

[@andrewsugg7073]

@@jessicacoates1611 history shows the exact opposite to be true. just look at the example from the 40's and 50's when the top marginal tax rate was 94%

[@andrewsugg7073]

@@MaryBeth321123 I do not, but our country, his community, and it's citizens who've contributed to the success of a sports franchise does. That's exactly why EVERY SINGLE COUNTRY in the entire world has taxes.

[@alexbrown2529]

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.

[@jeremyg7218]

Wish all youtube comments could be this civil lmao

[@nickfain9309]

​@@jeremyg7218 For real man, A+ comment by this guy lol

[@IFYOUWANTITGOGETIT]

Walk up to 100 people. 99 will have less money put together than the remaining single person? Yea, that’s unsustainable. It’s just a matter of time before the 99 figure out what is happening and organize together.

[@cabalogia]

Sam Seder is a bright guy. He should go to more right wing outlets and have great convesrations like this one with PBD.

[@S.1-I-I-1-1]

PBD is a scammer.

[@mozerm]

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]

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]

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]

What city?

[@catholicrusader7]

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]

@@joshreeder3205 Houston

[@jazlally4144]

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

[@UltraSaltyDomer1776]

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

[@degeneratesociety]

new money paid them.

[@2AoDqqLTU5v]

Source?

[@robertspencer5219]

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]

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

[@mjspresents]

I don't understand- this is a joke. It's financially responsible to let people die and not get evacuated from New Orleans. It's financially responsible to underpay your workers at a time when we have no rent control, prices of goods are ridiculous, and yet you can make 30 million a year as a CEO of a company and you don't have any responsibility to give that back to your workers or community of people who can't afford to survive paycheck to paycheck? Not everyone has capability or availability or desire to become a business owner. Everyone is going thru a different struggle and this doesn't mean that they should be lazy- but the cost of this utter lack of consideration is that our once richest, wealthiest, best cities are now slums and America is a third world country strapped to the teeth with firearms.

[@Pseudify]

You want rent controls? You might read an economics book about the history of rent controls before you espouse support for such a ridiculous and dangerous idea.

[@ThePerpetualVictim]

Correction, those cities resemble a third-world country, not the entire country.

[@ThePerpetualVictim]

Even if you cut the salaries of every CEO in the US, it wouldn't make much of an impact.

[@WarriorKidd06]

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]

Underrated comment! 🎉 Agreed

[@rustycolon9368]

Enjoy your train derailments and poisoned environment.

[@alexstavrianopoulos7385]

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]

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

[@MrLuffy9131]

@@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

[@isaborg8353]

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]

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

[@drinkinclear3100]

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]

Which we don’t.

[@No_co_OK]

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

[@WeighedWilson]

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

[@williambarry8015]

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]

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

[@mr.eggplant866]

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

[@campy3888]

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]

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

[@brianb8489]

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

[@TouhouGaijin]

I like Pat, but his viewpoint only works when you are as wealthy as he is. Most of us are normal people with dead-end jobs, even if we try our best to do more. We live paycheck to paycheck at my house. All of our money goes towards bills, food or repairing things around the house which keep breaking, as we have an old house and the hurricanes don't help. I am conservative but I will never defend the rich as a lower-middleclass.

[@thetrib1]

well...trump will save you I hope.

[@TouhouGaijin]

@@thetrib1 Hope so.

[@ayooluwapelumi5226]

​@@thetrib1😂😂

[@andme9408]

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]

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]

​@@derk3933 smart

[@andrewfinch76]

Why didn't they save with a 401K?

[@andme9408]

@and_drew_123 they had to use it for medical bills

[@school5730]

You make a great case for larger social safety nets

[@williamw3501]

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

[@cheeseburger3209]

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

[@gideon1199]

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]

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

[@kevinvest9693]

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

[@SuperWilliamholmes]

@@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.

[@lbb-ridge482]

I was the supply guy for my unit in the military and I once paid 70 dollars for a 10 dollar wrench you could get at Home Depot. PBD is not lying how stupid the government really is.

[@yournamehereyournamehere907]

Not stupid. Corrupted.

[@heman3141]

You're confusing the wasteful ineffectiveness of the US military with government in general. Not to mention the US military basically runs as a money making machine for the military industrial complex, so. I'm just saying, living abroad paying my taxes and going to the doctor under socialized medicine has been a fucking breeze compared to the US

[@lbb-ridge482]

@@heman3141 It’s all relative and proves how inefficient the government is and how they really don’t respect the people’s money. It’s corrupt in a way! And if they’re this corrupt at something like looking for the best way to spend money, imagine how bad they are at these alphabet agencies and the congressional level! Can we as citizens stop them? Come on man! Think past your nose!

[@lbb-ridge482]

@@heman3141 I don’t trust this corrupt government with anything, especially healthcare, and you might want to talk to the citizens in those countries. Their health care is shitty too! Even more so considering many of their wealthy citizens come to America for procedures because of long wait times and unavailability! “The grass is always greener” eh?

[@USandGlobal]

@@heman3141😂 thanks for the laugh bro! I still remember living abroad not being able to afford a car cause the fuel alone was to expensive and had to pay 2,500 Euros just to get a license in Germany now in the US I pay less for fuel, electricity, food and my company pays for my insurance while taking far less from my check every two weeks it’s no wonder this country has the most immigrants, most foreign born citizens and most foreign students every year😂, what country are u in?

[@MoeThomas-jh7wo]

No nuance from the PBD team here. There are reasons we have government programs. We don't privatize fire, police, military, social security, public roads, parks ETC. Privatized companies are looking to make money and won't hesitate to screw over consumers if they can get away with it. The government of course has it's issues but abandoning the social security program and having it privatized is laughable. Millions of elderly people wouldn't be able to afford paying for care on their own, which would then put that burden on their kids who would also be negatively effected.

[@poelmeister]

The point isn’t that the end result is or is not moral. The point is that the government sucks at spending money. Yet to do these good deeds, they need to take more and more money from the citizens because they suck at spending money. The same with politicians who question the spending. They get labelled as hating granny. Learn to listen, learn to think.

[@Peterson1451]

He’s not saying to privatize everything, he’s just saying to not have EVERYTHING relied on and funded by the government. You are mistaken if you think the government doesn’t have these programs just to make a profit, you complain about stuff like that being privatized for just a purpose of making money yet all of our government programs are going broke! The post office loses money each year, social security is running dry and Medicare and Medicad are good but not something that should be reliable for people. The problem isn’t that the top 1% are getting taxed too less, it’s that the bottom 99% are being taxed too much.

[@25taylorkw]

Social Security is not necessary if we replace it with a compulsory private retirement savings account system where US citizens are required to put some percentage of the paycheck along with employers making financial contributions to employees savings accounts to some extent. The United States do not need a government bureau to handle retirement. In fact we can come up with a compulsory private savings account for both health savings accounts and educational savings accounts as well ( in other word for the US government can do the American version of the CPF fund that we see operate in Singapore ).

[@DanReh]

PBD is against any public healthcare and social safety net. If his kid gets cancer, he can blow 1/2 a mil or a mil on treatment if necessary. You think he cares about the children of other people. No one can break into his house because he has contracted a private security firm to deal with threats. You think he cares about someone breaking into your house and robbing you. He could give a flying f. He argues, why should the wealthy pay for soo much in taxes for other people. He is an elitist. He showed statistics on how the top 1 percent pays 42 percent of tax and implying that the poor are moocher. He doesn't show the graph of wealth inequality in this country. How the top 1 percent hold close to 40 percent of the entire country's wealth and the bottom 50 percent have almost nothing and are living almost in abject poverty (pay check to pay check). PBD economic ideology is extremely similar to libertarianism where the wealthy rule and the poor workers have nothing and deserve nothing.

[@chrissly8190]

Most of our education comes from government schools so the issue of people not knowing personal finance is one of the problems.

[@mikeslifestyletipsreaction833]

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

[@jeffraybosch9708]

😂 Classic dumb American view

[@WalletMonkeys]

Exactly

[@kingiam9271]

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

[@mikeslifestyletipsreaction833]

@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]

@@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! 🤣

[@Roclib48]

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

[@WayneJohn-fq6cn]

Facts

[@fowchiiiliedpuppiesdied]

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]

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]

lol

[@solhigh1]

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.

[@johncotter9082]

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]

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]

But you still relied on her social tho 😮

[@johncotter9082]

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

[@godzilla101188]

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

[@johncotter9082]

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

[@garrettlink9090]

As much as i dislike Sam's points on almost every single subject, he is right about this point. The idea that materialistic capitalism is at all a conservative idea makes zero sense.

[@ThePrayinmantiz]

What other points do you dislike from Sam..?

[@garrettlink9090]

@ThePrayinmantiz Crime denial is one that he is completely inane on. He uses extremely manipulative incomplete data in regards to the crime spikes that occurred after George floyd. This Is actually my main issue with him. Such as his assertions that poverty is a driver of crime, which isn't true. In fact, it's barely a casual correlate.

[@ThePrayinmantiz]

@garrettlink9090 - curious what is the driver of crime ?

[@garrettlink9090]

@ThePrayinmantiz Now i want to stress. Im not saying poverty has no impact, but its correlation to crime is nowhere near straightforward. There are 7 drivers that universally correlate to more crime across all demographics and sub-demographics within demographics. Age, race, income, education level, etc. They also hold true when looking at each individual felony 1. Gender, specifically males. The only exception to this correlate is that men commit abuse against dependents in their care at a much lower rate compared to women. Otherwise, they commit every crime at high rates. 2. Fatherlessness, across demographics Fatherlessness correlates to more crime. 3. Unmarried Men 4. Education. Specifically, high school dropouts 5. Age. 15-25 is the crime spree age 6. Substance abuse 7. Social contagion A.K.A peer pressure. This is a correlation that isn't exclusive to crime, but pretty much every behavior. For example, if a non-smoker starts hanging out with 6 smokers regularly, he is more likely to start smoking than he is to remain a non-smoker.

[@tonytony87]

@@ThePrayinmantiz Poverty!!!!! IDK what the other guy is talking about. But Sam is correct the main drivers of crime are Poverty. And poverty is broken down into socioeconomic factors such as high unemployment and low wages and resources scarcity. Don't ever let right-wingers obfuscate this point. Look it up your self. It's well known what drives crime. But right-wingers wanna twist the narrative so that it's black people being black people that are causing the crime.

[@cmvamerica9011]

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

[@Aubatron]

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]

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

[@josephcoon5809]

@@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]

@@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]

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

[@garrettcrowley9187]

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]

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

[@demonwind5030]

​@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]

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

[@FilmFlam-8008]

@@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]

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.

[@MattieK09]

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

[@Historyhappenshere]

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

[@DjProdigy909]

Learn what a marginal tax rate is

[@Historyhappenshere]

@@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]

@@Historyhappenshere not referring to you lol

[@Historyhappenshere]

@@DjProdigy909 ahh my bad!

[@quintonmcdannald2327]

The 90% marginal rate at 3 mill is smart because it forces owners of businesses to pay their employees more or become penalized for paying themselves disproportionately. It’s no coincidence that wealth inequality got this way after we lowered these tax rates.

[@herpderp66]

That's exactly right. You can put the tax cuts and CEO pay increase on a graph by time. The 2 lines would match at all times.

[@quintonmcdannald2327]

@@herpderp66 the trick is convincing rich people that own politicians that this is the thing we all have to do now.

[@RandomName0316]

​@@quintonmcdannald2327They will never be convinced it's something we have to do. They think only in self interest. It's something we are going to have to force on them as vehemently as they have forced minimum wage on us.

[@quintonmcdannald2327]

@@RandomName0316 there lies the problem. Rich people are organized under a single ideal, money. They can raise an army, take away basic services, pretty much make society bend the knee to them as gods. We are using one of their platforms now. People on the other hand are more diversified in their motivations. It’s easier to bend the knee than to risk starving your family. Much of the United States remains divided on vilifying the super rich. Even out political system is divided into a clearly fascist party and one that pretends not to be but still sells power to the elites. The flow is absolutely moving against the people and more for the new tech gods.

[@calista1280]

​@@RandomName0316Except people will stop earning or find a way to hide the money, so they don't pay the tax... 🙄 🤷🏼

[@cdrone4066]

My husband and I are retired, we planned so that nobody has to support us, not my son, or taxpayers. I never expected the government to support me. I paid into SS, I also paid into my retirement. What we should do is make it mandatory to teach kids financial literacy so they don’t need the government.

[@karlos99able]

I agree but what's the backup plan for people living pay cheque to pay cheque

[@vicm6561]

If you NEED social security then yes it should be there. There are a lot of wealthy people that don’t need it and can’t STOP the payments. It should be based on need not automatic

[@persianwingman]

You must have paid for all the roads you drove on too - good for you!

[@deldemetri911]

@@karlos99able they don’t care about those people because somewhere in life they failed and it’s their fault for for their failure even though they are American citizens. Smh. People only care about what happens to them now days. No one cares about the next man anymore.

[@vble2337]

That’s not the way government wants it to be. If every one was taught to be smart with money then the government would be afraid. Keep the people dumb down with sports, Hollywood, sex, alcohol, and entertainment. Cause inflation so everyone is forced to borrow and rack up credit card debt. It’s all part of the plan.

[@SocietyofIdiocracy]

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

[@jakeh2049]

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]

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]

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]

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

[@school5730]

@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

[@SpencerHeath-q4m]

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

[@albuquerquehotspot7835]

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

[@winstondawson10]

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

[@trentshaver5377]

@@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]

​@@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]

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

[@RedHeaded411]

PBD doesn't know math or how taxes work. He kept using examples where revenue was decreased, before pay roll has been paid, and before business costs are factored in.

[@Siacourage]

He's a businessman worth over $200M and he doesn't know how taxes work? LOL. Okay Einstein. PBD's message is good and very clear: if you overtax the rich and super rich they will lose motivation to create more. If you're taxing 90% of my profits over $3M I have no desire to rake in profits over that amount. Why is common sense so difficult for you people? If these ideas were good they would have been implemented decades ago.

[@RedHeaded411]

​@@Siacourage if you think just because someone is rich that they understand the tax code - cool story. He illustrated that he didn't understand what Sam meant several times in this clip. I'm sorry you missed it. May be you should watch it again. A tax code setup to tax you 90% above a certain a amount in profit, would force the business to invest in the business, through wages, better equipment, training etc, else you're just going to give said money to the government. This is one of the reasons our economy was thriving in the 1950 and 60s. The concept is easy to get, you encourage business to invest in their own structures, or pay a heavy tax.

[@Siacourage]

@@RedHeaded411 Your explanation makes no sense. If you're taking 90% of my profits after a certain threshold why would I continue producing in your country when I hit that threshold? I'm basically just giving you the bulk of my money. If that was ever to happen in the US most businesses would leave for Mexico, Russia, UK, etc. The reason we have all the nice things today is because everyone is working to enrich themselves and in turn they (indirectly) enrich everyone. Most people are not going to put in countless hours just because they're altruistic. And if you want proof of this just look around. This is not a popular policy in the world. The proof is in the pudding. As for PBD not understanding taxes my response is - are you kidding me? He literally worked in the financial industry for decades, and still does. Please think before you post.

[@RedHeaded411]

@@Siacourage I did think, you clearly haven't. Cheers. Read slower, and think more.

[@Siacourage]

@@RedHeaded411 You said a 90% tax would force the owner to invest in the business through higher wages, equipment, training etc. So they'll invest to benefit others but not themselves? What a stupid position. If it's so effective then why aren't countries scrambling to implement this? If you call that "thinking" then I pity you.

[@brucemcdilda6602]

"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]

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

[@grospipo20]

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]

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

[@generallytso1077]

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

[@maximustrolleus9860]

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?

[@Hammerback0]

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]

Your last line 😂

[@leithmcguire7995]

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.

[@GeriatricPimp]

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]

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]

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

[@pookysgirl7535]

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]

self interest??

[@anthonydavidek4651]

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

[@interdimensionalsteve8172]

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

[@stephenf5707]

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]

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

[@kobekold]

defending the 1% but demonizing poor people is crazy

[@christopher7725]

Haha I know right? Telling us millionaires need more money but the poor need to cut back and save more

[@sethwade1430]

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]

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

[@ltarmenia4ever]

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]

@@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]

@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]

@@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.

[@DiogoBedran]

He’s doing everything he can to avoid being responsible for his mothers nursing pay…

[@Erosgates]

If I had his money I wouldn’t have my mother living in a home. I’d hire a fucking caretaker and keep her with me.

[@guilnarharb5849]

And Patrick mention of one of his episode on his podcast that his father was on Medicare and he didn’t pay a penny on his surgery and I was wondering why a guy like Patrick didn’t put his father under his his health insurance, Just bragging about the cost of Medicare???

[@saltersgatza]

@@Erosgateswow what a bum why don’t you get your life together and make enough money so you can do that

[@mattolivier1835]

@@guilnarharb5849 Taxation is theft, son. Learn that.

[@demonwind5030]

​@@mattolivier1835Amen

[@davidhoj]

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]

Not the brightest bulb is he

[@sole__doubt]

Consistency isnt ever a so called Progressive's forte.

[@castill0PR7]

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

[@Tedomcmillan]

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]

Conservatives are brain dead

[@T3Gibbler]

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

[@1845hunt]

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]

cutting spending on what?

[@T3Gibbler]

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

[@tylercolby6190]

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

[@SushiCombo]

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

[@danieldwyer]

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 KZbin or just KZbin?" 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!"

[@hankeast7270]

You don’t see things in black and white so you can cowardly avoid answers you don’t like giving

[@scottcarter8170]

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]

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

[@Lightningkuriboh]

@@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]

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]

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]

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.

[@ecargfosreya]

This guys crazy. The government already wastes all our tax money, why should we give them even more?

[@jamesyoung2197]

You wouldn’t be giving them more, his idea was the top 1% of the country pay more, but only after they get charged regular tax up to 3 million

[@FilmFlam-8008]

⁠@@jamesyoung2197no. His goal was making it illegal to be a [making more than him]-are. He said it multiple times. But regardless, that is absolutely stupid. With the internet and incorporating businesses in other countries, you would have businesses leave, but not need to change their actual operations. Look at all the businesses leaving California. And they don’t even tax to 90%. Socialism is an idea by the wealthy for the wealthy. Marx was a rich kid that didn’t take showers. Just like Sam Sedar.

[@4Everlast]

With all do respect as a fellow man, you're the reason they are allowing us elections, they can manipulate you as they wish. Did you even watch the fkn clip, guy? My advice to folks is, get as independent as you fkn can, move to a place with little to no taxes, get some solar panels, a water well, produce as much as you can, trade goods instead of cash, that's how you stay away from taxes.

[@MuDkipzCHancelLOr]

@jamesyoung2197 Why? Why does the government need more money? The government needs less money. They’re very good at using American tax dollars to make things worse. You people.. I swear.

[@maverickl.4814]

You’re right!! The military industrial complex, tax breaks for oil corporations, giving money to foreign countries etc. such a waste of

[@stevenr7813]

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.

[@blaynecarver2236]

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

[@gibranmcdonald9853]

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

[@Rlyeh_The_Dead]

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

[@campy3888]

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

[@BH-te5fs]

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

[@gibranmcdonald9853]

@@BH-te5fs 🎯

[@suzannemay6250]

Social issues need to be solved by society. The government always grossly mismanages money

[@mmteds]

And what is organised society without a government?

[@joshuaoverlord5327]

U can have government but to the extent is bad

[@antidote7]

When you say society I hope you certainly don't mean markets? Capitalist businesses are the worst way to decide what happens in society, unless you want homeless, wealth disparity, ecological destruction, labor abuse, poison products, to many work hours and little leisure etc. You're comment is a bit fictional. First off, the government constantly saves capitalism from collapse because of greed and deregulation and nefarious business actions. In fact true unregulated lassai faire capitalism can't even exist without turning into Mad Max in a week. The government issues the currency so it can mismanage money in the sense it can run a deficit. It really doesn't matter, as long as you keep inflation in check. The way to do that is to spend huge money on infrastructure projects, green, new modes of travel, make those things hi tech with good paying jobs, the economy would explode and also serve the population while creating massive tax revenue to pay it back. the problem is the government is owned by the capitalists, and it bails Wall street out but not main street, that being us.

[@Rino37]

@@antidote7agreed that capitalism has its dark sides and it sure seems like a few very rich and powerful corps kinda own a few governments out there. On the flip side, North Korea sure isn’t capitalist. Humans just muck everything up. At least, the highly narcissistic and psychopathic ones do; and they seem to be the ones that reach top levels in government, commies or cappies, and in the corps.

[@Varone26]

Im from Canada. Justin Trudeau is a prime example.

[@ChefBurns1]

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

[@ddhqj2023]

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 (kzbin.info/www/bejne/maa8YWR6naqnkLM), he debated Charlie Kirk (kzbin.info/www/bejne/maa8YWR6naqnkLM). 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 (kzbin.info/www/bejne/jYGueqiar9x9o68), Jesse Lee Peterson. And Anna Kasparian on TYT is always willing to talk to any of your hero's.

[@CeeBarrio1]

✡️

[@redactedname5716]

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

[@Sweatersith]

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]

Socialists speaking are the best antidote to socialism.

[@shanepennington4264]

The whole point was that it incentivized the owners to pay their employees more rather than give that extra money to the government

[@jeffPeters-ue8wi]

How did the half witted Bet-David guy get rich? nbelievable 😧

[@dh891]

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]

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

[@vapingfury4460]

@@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]

​@@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]

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

[@Nugschris]

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

[@kennethjacobs2151]

Sam is all over the map. People with 401K's are still paying for the SS out of there paychecks.The 401K's are their savings accounts........It's their money and they can do with it as they please. As for taxing people 90% for after making over 400K is insane. I agree with Patrick. The Gov doesn't spend OUR money respectfully. Now look where we're at !?!

[@mr.brooks9802]

It would be over 3million in todays time

[@navyseal4000]

​@mr.brooks9802 Still crazy to think the government is a better allocator of capital than the system designed to force innovation

[@jsmythib]

@@mr.brooks9802 1 million dollars adjusted for inflation from 1955 is 18.5 Million dollars today.

[@mr.brooks9802]

@@navyseal4000 they’re definitely not 😂

[@satsubatsu347]

401Ks are the suckers' prize upper management was able to use to fool the worker out of reliable and guaranteed pensions. The payouts are piteous even in the best examples.

[@MajorShot]

The whole philosophy is that people like this think the government spends money better than individuals. I would rather have rich individuals who earned their success and are making the world a better place with their money like the Elon Musk of the world, even at the risk of the fact that many of the rich are going to buy yachts and all of those rich people things, than for governments to just waste more money.

[@dustinanddylc]

But the thing is they would actually pay their employees more “trickle down” if you will, the employees are the ones that earned it anyway!

[@Micolashcage1]

the people who were originally elected into office were the type of people you were suggestion.. citizens who the people felt they could trust to represent them. Over time people became "politicians for the sake of being politicians" and they were no longer skilled citizens who were appointed by other citizens

[@rustyray420]

Oh yeah, muskrat is real savior of the world lmao

[@sykal]

lol @ earning their success. most uber rich are generational living off capital gains from dividends. the amount of elon musks in this world are: 1

[@dux8529]

Governments have the power to deal with collective harms because they do not rely solely on market forces. They can also create efficient systems which are high capital input with very little monetary gain like highways and public transportation as well as what sam mentioned with social programs. Concentrated power by elected officials is better than concentrated power by a potentially benevolent billionaire.

[@gamingstokr7299]

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.

[@shaun5047]

“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]

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]

​@@Brad-pc3biyou sound like a commie

[@shaun5047]

@@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]

@@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]

@@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]

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.

[@rocheri]

Better than no healthcare...

[@Yashiro-nene_dies]

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.

[@bobloblawlablabla]

I had the same thought Pat did. Tax 90% at 3 million? I can guarantee If Sam was making 3 million, he'd want 90% taxation on every dollar past 4 million. What a clown hahaha, I can't blame Pat for laughing 😂

[@johnnylara]

If Sam was making 4M - I think he’d be okay with $3.1 net profit - how would someone not live with that kind of cash ?

[@Mr.J.Conant]

@@johnnylara that is a lot of money to live off of. However, to create a new business without investors in a industry dominated by 2-3 players is another Could you imagine trying to fund startup expenses for a computer chip manufacturer clean room with only 3 million dollars? It takes billions of dollars to create a chip plant. Good luck saving up to that with 3 mill a year The 90% tax prohibits non-established entrepreneurs from entering markets with high levels of entry. But yes! 3 million dollars is plenty to live off of and be veeerrrryyyyy comfortable

[@johnnylara]

@@Mr.J.Conant this isn't on businesses - this is on individuals being tax higher on the marginal scale. I think if you have made $4M dollars personally every year - you don't think you would have enough money to invest ? the argument that rich people don't have the means to find capital is hilarious - they give out loans to rich people at an insanely lower interest rate than other folks.

[@johnnylara]

@Seek and Destroy the point is that if tax money actually went to improve the material condition of the vast majority of people, then sure but when businesses get tax cuts, data still shows that doesn't trickle down to the workers. It gets hoarded.

[@Vakator-29]

@@Mr.J.Conant yup, dude really made himself to come off elitist.

[@feministawry1600]

"I'm not suggesting we cut revenue for businesses" is the most laughable statement ever when with a higher tax rate you ARE cutting (net) revenue effectively!!

[@AngryTurtle8]

I love how he talks to people. So respectful. “ This Is where we disagree, let’s process that together”

[@raoulhery]

great debate. The answer probably lies in the middle. 3 millions is to low to tax at 90% but on the other hand billionaires dont make any sense. They waste money on silly things.

[@Anarchy-Is-Liberty]

@@raoulhery If it's their money, none of your business if they "waste" it on silly things!

[@robbyndiane]

@@raoulhery ….and they invest, create jobs because of the incentive for potential wealth. When the incentive for wealth is ripped away for the opportunity to become filthy rich, you create a stagnant environment for innovation, inventiveness and creativity. This is a huge part of American Greatness!!! #MAGA #45447 #UltraMAGA #MAGAKing #prouddeplorable445 #awakenotwoke #alltherightenemies

[@ghostexits]

@@robbyndiane Profit is at an all time high, taxes are at an all time low (many billionaires like Trump or Musk paying no taxes). In this capitalist utopia we've created, surely we will see the same exponential growth of jobs and lower/middle class incomes to track the sustained profits and taxes cuts? No? Look around you, admire the fruits of this post-Reagan/Bush/Trump capitalist utopia we live in. People can't even pay rent anymore.

[@ATG3000]

Lmfao 🤡

[@meeraj-4774]

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

[@Not_A_Tourist]

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

[@Grandmas_Favorite]

Anyone who makes over $3 million dollars I guess…

[@Seattle-2017]

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

[@Siacourage]

A communist will give you the shirt off someone else's back.

[@tonytony87]

Is mexico paying for it? LMFAO hahaha

[@chris2884]

Lets all pray that we would ever have to worry about the thought of our taxes after making $3 million a year

[@mohawk175]

Great grandparents sure thought the same thing about any someone making 1/10th of that 50 years ago. No need to pray, the same people in control of the taxes also control how much of your hard earned money to inflate away into worthlessness every year.

[@Killersam776]

Why would you be worried at all that you’re making like $3.1 million instead of $4 million. It’s such a ridiculous thing to be crying about. Elon reportedly made $23.5 billion in 2021. If what sam suggested was in place and elon paid 90% over $5 million, musk would have made around $2.3 billion instead of $23 billion. And you’re going to sit here and act like he’s screwed now? Oh no, poor elon wouldn’t be able to buy twitter now boo hoo. In 2021, almost 12% of americans were in poverty, and you’re going to complain that elon made $20 billion less.

[@davidolubiyi5997]

Less than 1% of the population will make 3 million a year. The rich have somehow convinced poor people to care more about them than their fellow poor people

[@evannatland5151]

thats the problem, they worry more about their taxes than working people do

[@MM12684]

Loser mentality

[@patrickmitchell4134]

PBD did not make his money honestly. He ran a. MLM scam.

[@tomashbaugh8891]

Wealth inequality in this country is because of government policy! The middle class (small business) is regulated out of many opportunities. The cost of entry is too high, difficult, and for me personally difficult dealing with bureaucracy. Big business is in business with government. Sam says that all these government programs are great and popular. Doesn’t mean it’s right, and who’s to say private industry wouldn’t do it better. A wise person told me to ask “why” about 5 times. Then you start to get authentic answers. Thanks Pat!

[@bminecreeper]

"Who's to say private industry wouldn't do it better?" Do you think these policies came out of nowhere? We had the Great Depression when the economy had no safety net and little regulation. Private health insurance has been a complete failure. 401(k)s have been a complete failure. Why is a government program that keeps millions out of poverty not morally right?

[@zaccoop6727]

gah, that's dumb to think of it that way... Sam absolutely didn't say all gov businesses are great... in NO WAY did he say that, but he did say Medicare and Social security are, because they are taxed to specifically pay for them, and they are extremely solvent compared to health insurance and retirement. The private sector already doesn't do it better... 401k was the answer and it is at the whim of the stock market, and sometimes just disappear from the business that forms it. wealth inequality is from wealth in company owners changing their policies of treating their employees right. Until 2000, employees were paid well, they got stocks from companies, one person didn't do the job of 4, and people lived better... In the last 40 years, companies only demand profit, over paying the people and treating them well.

[@jamesp2537]

​@@bminecreeperyou bleeding hearts are what have destroyed this country. If you are to studip to plan for your future f you should not fall on the taxpayers

[@davidgrow361]

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.

[@hangten1904]

The problem is, how do you determine how to spend it effectively. The population is diverse with different needs.

[@carsonhager9473]

That’s such a ridiculous statement. Money doesn’t sit in billionaires bank accounts, it’s constantly moving through investments generating more capital. Everyone can do this, not just billionaires. Complaining that billionaires make money off things completely accessible to you is weak.

[@chasim5110]

​@@carsonhager9473holding money in investments is still holding money and is not circulating within the economy.

[@LK56835]

They don't hold on to their money.... if they do, the government has no right to take it away or stunt it through taxes. if you have a problem with it, you can boycott them. THINK! Sam Sedar obviously doesn't

[@harth3432]

Okay, but the problem is not the government. We have an efficiency board. It's called the Department of oversight. The problem is the laws of allocation that are in place

[@ionicmax]

Idgaf how good a government is 90% of anyone's money is insanity. You aren't entitled to my work or success, no one is.

[@franquil85conn]

I know it's insane....imagine making 3mil and the only way to make 4mil is by making 13mil....then to see the government waste the 9mil of your stolen labor on frivolous spending with no oversight

[@zaccoop6727]

That means, if someone makes that much... they can pay the people that help them make that much. If they make so much on their own with no help, maybe work a little less if you cry so much about taxes. 90% of that $3,000,001 dollar and more... what could you not do with 3Million that you can't do with 2Million? It would bring prices down around the country, the rich will still be rich... the wealthy didn't cry about it during the great depression, and the gov was still bad at spending taxes, you are going to now?

[@franquil85conn]

@@zaccoop6727 in 1939 the national debt was 638bil (in today's money) its 34.5tril now, so to act like the government isn't more wasteful now is preposterous. Also it would be a progressive tax system, 90% above 3mil, but its not like its 0% below 3mil. Also the government has no right to steal 90% of anyone's income. The idea that you would have to make 100mil dollars just to keep 10mil is ridiculous. As for paying the people that got them rich, they are employing those ppl. Problem is that when you have low skill jobs, the supply of people to work those jobs is high. Couple that with a flood of illegals and you've just lowered wages for the bottom rung. It seems that the people that are for this 90% tax rate are people that never see themselves earning that much, which makes them a pretty shitty individual. It reminds me of Bernie sanders, spent his entire career bashing the 1% and millionaires until he became one, now he bashes the billionaires

[@shawnconvery4899]

Please learn what marginal tax rates are. The government doesn't take 90% of an entire person income it takes 90% after a certian point. So if the marginal tax rate kicked in at a million dollars. Only money past 1 million would get taxed at 90 percent.

[@shawnconvery4899]

@@franquil85conndo you make 3 million. I'd be very happy making 3 million dollars a year

[@captainspidrman2]

This conversation shows why you can’t blindly follow influencers. PBD and the guys aren’t that smart, they just reiterate talking points. This guest took a losing argument and won easily lol

[@johnboy123ism]

The biggest problem with any argument for the “best times in society” is what comes after. The short sighted answers that people like Sam give are never backed by long term benefits. Sam is the biggest side stepper and frankly quite dangerous to more feeble minds.

[@Arguments_only]

Quality of life for average and most people is way lower in united states than in western european countries and this has been substantiated with numerous metrics measuring standards of living. Marginal tax rate of 90% (and remember this would only affect like 0,1% of population) might be too high but the essence of his argument is backed up by empirical evidence. In northern europe highest marginal tax rate is 60% and it kicks in income measured in few hundreds of thousands not millions.

[@MrHeavy466]

@@Arguments_only I highly doubt that the disparity can be described in terms of only taxes.

[@Arguments_only]

@@MrHeavy466 No, not solely but alot of it can be assigned to that because income from higher taxation is used to finance welfare, social, education, rehabilitative prison system programs etc..

[@DidierPeroni]

@@Arguments_onlythe problem with your country is not that you don’t tax enough, but more that you don’t spend your tax money wisely. Today, if you raised the tax rate to 90 percent, all your companies will exit the country within 3 months and you will be reduced to a nothing country. Please use common sense.

[@Arguments_only]

@@DidierPeroni what? Corporate tax and income tax are different things.. Corporate tax is in europe generally about 20% while highest marginal income tax rate is somewhere between 50% to 60%.. Progressive income tax has no effect on corporations...you have no idea what you are talking about.

[@andymcrae4661]

It’s good to give these people a platform to express their ideas So everyone else can see how ludicrous they are

[@danielkim672]

@KEE it could open up the market for competition but could also cause people to not go after those types of professions. Why work 100 hours a week or more to do something hard and then get penalized for it? And then what smart people will do is move to other countries that do not have these restrictions. One reason US has grown is the international brain power we have amased for the opportunity to do interesting things and get paid for it. Also, to the competition part. You make it seem like the way things are, people are not trying to eat the big company's lunch all the time. Everyone is trying to knock off the big dawg as the rewards are there if something interesting is created. That is why US leads in innovation and countries that do not punish innovation is also competing. Only those countries that have stifled rewards have also stifled their growth potential.

[@danielkim672]

@KEE Oh KEE. What COUNTRIES are more innovative and have created more innovative companies? Please share KEEEEEEE/ Since you are laughing, you must have a long list.

[@danielkim672]

@KEE I was hoping you did research and can provide me with all these countries that are more innovative than the US and how the US is a laughingstock when it comes to Innovation. Looking forward to this list of countries.

[@ace9resistance]

@@danielkim672 lol the US has never had the problem you are stating, people have always came here no matter the tax rate, rich people just push these things so the normal people can be on their side and agree to give them more tax breaks and eventually break america like it is now..

[@wacrofo1690]

If you debated him you would crack like an egg tough

[@2bituser569]

One key problem with the 90% tax is we’re no longer on the gold standard since 1971. So the 90% tax in 50’s 60’a was when we still had a gold standard and precious metals in our coins.

[@PoopermanDumping]

Care to elaborate?

[@calebprice7896]

@@PoopermanDumpingthis guy us talking out of his ass

[@bgmike420]

the key problem with 90% tax is is that its 90%😂 anything higher than 50 even for them is outrageous

[@DELTA704]

Genuinely, what does that have to do with anything?

[@bgmike420]

@@DELTA704 everything if you print banknotes instead of adding fundamental value to the economy the currency is worth less, if you were the government and you printed a trillion cash and you have 3 trillion in your economy, you didnt magicly create a new trillion in value, your spreading the original 3 trillion in funds across 4 trillion therefore devaluing currency

[@Tchristx]

Corporations can deduct various business expenses to reduce taxable income, including salaries, rent, utilities, interest on loans, professional fees, insurance, and depreciation of assets. Other deductible costs include research and development, bad debts, employee benefits, and business-related meals and travel. A 90% marginal tax rate would incentivize businesses to reinvest profits into deductible expenses rather than hoard cash or use it for financial instruments. Spending money on legitimate business needs reduces taxable income, lowering the amount subject to high tax rates. This strategy helps businesses keep more of their earnings while staying compliant with tax laws. They are incentivized to hire more employees if they can offset the cost of those hires with tax deductions.

[@chrisgrundberg9212]

I have never worked for anyone on welfare. I would prefer to work for a wealthy person who would have a sustainable business than an over taxed short lived entity.

[@keepingitrealestate3357]

401k The money belongs to the earner Fuck this guy We need a power to plan our life out because we’re not capable

[@davidkramer333]

If you've worked for any corporation ever you've definitely worked for someone on welfare....they just don't call it welfare

[@johnnybronco9118]

​@@davidkramer333 I love working for a corporation as the pay is great as well as my benefits. I've never once worked for a poor person.

[@davidkramer333]

@@johnnybronco9118 that completely went over your head 🤦 you've worked for a corporation therefore have worked for someone getting welfare benefits....just because they don't call it welfare makes it okay?

[@craigslstuser9]

Good luck when you are old and rich guy says ...see ya.

[@kevothagod6144]

3% Medicare administrators cost means nothing when the actual medical cost are 10x higher then private insurance. My girlfriend is a nurse in a hospital and she says you won’t believe the number of women who don’t want to pay $15 for a pregnancy test so they go to the ER because Medicare will make it free for them. Yet the hospital is billing Medicare $4k just for the room alone smh

[@0rtu_Solis]

That’s the issue we have when our medical system is so profit driven. America pays more per citizen than any other country in the world for healthcare. We don’t have the best outcomes and we are the only industrialized country without a single-payer system.

[@ClowderOf3]

Medicare is for people over 65 and the disabled. I'm constantly amazed at the ignorance on the right.

[@FilmFlam-8008]

⁠@@0rtu_Soliswe actually have some of the BEST outcomes with the LEAST waiting time. Canada has a single payer system. Their solution: MAID. Profit is the exact reason we are successful. When the government says a faculty can’t charge more than $5,000 for a procedure that costs $14,000 just from supplies and staffing alone, you get facilities not offering that procedure or jacking up prices elsewhere to compensate. You are not only wrong, but completely ill-informed

[@0rtu_Solis]

@@FilmFlam-8008 That's not true. we have some pretty terrible health statistics that are related to us not having a nationalized health system. We spend more per citizen (we spend almost double Germany does in second place), and a higher percentage of our GDP than any other country when it comes to healthcare spending. We have a 22% higher overdose rate than the next highest industrialized country. Our life expectancy is three years below the OECD average. We have the highest rate of infant and maternal deaths out of all OECD countries. Our obesity rate is almost 10 percent higher than New Zealand who is in second place in the OECD. We rank near the bottom in physician rates, hospital beds per capita, length of time in the hospital, and physician visits. I work in healthcare and the for profit insurance system is big cause for the exploitation there. Doctor's are often required to give multiple unnecessary exams to patent's because the exam they want to give is more expensive. So the insurances require the cheaper exams first to try to avoid the expensive exam which usually has to be given anyways. This is only one type of example out of hundreds I could list. Medications are also notoriously bad, like the HIV medicine that was jacked up over 4,000% because a company thought it was a good investment.

[@evials9123]

@olis You could actually make a solid argument that we do have the best outcomes. We have the number 1 success rate in terms of cancer treatment and the highest recovery rate for stroke victims. When it comes to research and development of new medical technology we're second to none. Also, you're claim that no other industrialized country goes without a single-payer system is false. Look at Greece/The Netherlands as some examples

[@Blaane15]

Tons of respect to both sides for sitting down and having a civil discussion with someone they completey disagree with. The worlds needs a whole lot more of this.

[@lb456]

And then after, that tax the shit out of the rich and watch everybody's lives improve, with no real downsides for the mega wealthy either.

[@CptGreenJeans]

@@lb456if u tax the heck out of the rich it makes people stop striving to do great which in fact make them rich. Overall it will hurt society

[@ZakEdwardsOfficial]

Grow up. Grow a pair. Someone insane like this doesn't deserve an audience.

[@Shockkings0714]

@@CptGreenJeansWhy didn’t it hurt society in the 50’s-60s?

[@zk6019]

@@CptGreenJeans loving the mental gymnastic to excuse corruption 😂

[@JulieLevinge]

Those with billions are in charge of tax so it will never change. We had similar taxes in 60s & 70s in Uk. Thatcherism along with Reagan started this neoliberal mess!

[@adamhearts9195]

That KZbin question really caught him off-guard LOL

[@enerpro2955]

That KZbin question was pretty dumb.

[@adamhearts9195]

@@enerpro2955 no he took the guest hypothetical imaginary situation of spending other people's money and taxing it,,, and turned it into a reality that he could relate to then the spaghetti became obviously flustered,,, did not seem like he really wanted to put his own money where his mouth is just other people's money Typical virtue signalling liberal

[@MrDong101]

​@@enerpro2955 just say you can't comprehend.

[@Posyidon]

@@enerpro2955 yup hes literally says hes not saying to reduce revenue contineu with his youtube anlogy of soing exactly that lmao

[@allergictoliberalism]

​@@Posyidon That's just reducing revenue with extra steps.

[@Tank-vi2dv]

The more you serve, the more you earn and thus should keep what you earned.

[@RedCaribbean]

If your first statement was true the second one might have made sense.

[@Tank-vi2dv]

@@RedCaribbean it makes perfect sense. If you serve a million customers and I serve 1, you should be able to keep what you have earned. I don't have a right to bitch at you to give me a handout (I.E. 90% tax rate to subsidize my business). Learn to read.

[@crescentprincekronos2518]

​@@RedCaribbeanall it means is that under a hard money system, income is king. More market share, more income. Like the old days.

[@RedCaribbean]

@@crescentprincekronos2518 while I understand what ur saying I don't think that's what Tank was saying.. he's saying the more you serve or work the more you earn and that's just simply not true. You are correct that in a hard money system growth is more tied to profits than speculation however growth becomes limited and the tendency of markets to create monopolies becomes difficult to tackle without literal redistribution which most in the west would consider theft or heavy heavy taxation... Do you believe a gold standard is superior to Fiat currency ?

[@crescentprincekronos2518]

@@RedCaribbean i believe both have served their purposes as intended. Both have flaws and strengths.

[@Jomitheelf]

Anyone who points to the post office as a model of government success, is losing an argument.

[@Yo-sb9st]

Lol USPS is quick af

[@longliveducko]

9:45 nah its just if you are the highest paying customer they gonna deliver to you 100% of the time so you got the right equipment all the time

[@axlrodriguez933]

Bro dude said his mom is in a nursing home he doesn’t have to pay for as if that is something to be proud of…

[@4Funzzies]

Had my head spinning. My Grandma isn't in a home, she is cared for by the family. And when it's my mother's time, she'll also live her last years with family, not strangers. Shows how much empathy he lacks for the people he loves.

[@jeremymiller3800]

​@@4Funzzieseveryone has a different situation

[@ram0666]

He is happy he doesnt have to pay for his mothers nursing home because this way he can keep his money so he doesnt have to live there.

[@4Funzzies]

@@jeremymiller3800 an I can empathize with that. Sometimes a home is the only choice, but even when life and death are on the line, death around family is better than life around strangers. When God calls us home, we shouldn't get in the way. Suffering will only be prolonged, at least that is my experience with these types of situations. Then again I live in SoCal, where empathy is as dry as our land.

[@reinhardtburger7108]

​@jeremymiller3800 he does not have a problematic situation, he is the problematic situation. Just like most people have problems in life, you get idiots that are the problems in life. Sam is on of those idiots

[@georgebush1962]

What admirable ideas. Sam's standards are so high that they're double.

[@drwalka10]

nice lol

[@shredseeker8420]

That sounded clever but was a really dumb take.

[@mpwalshjr]

😂 perfect

[@tonytony87]

What a dumb take, brother, you gott ago back and pay attention. Jesus this comment is dumb :/

[@Higgs666]

I can relate to the $40 hummer part. I worked on aircraft in the Marines and we were paying $10+ for individual washers that you could buy at the hardware store for 7 or 8 cents. Military spending is so wasteful that entire industries have popped up to cash in on it that wouldn't be able to exist if the government used even a little bit of common sense when it came to spending. There's also an incentive for units to overspend their budget or risk having it cut going forward. When we needed new tools and ground support equipment, our unit was buying dozens of flat screen TV's. I only saw 1 or 2 of those TV's get hung up at the squadron while the rest grew legs and walked away, probably to officer housing.

[@bludragon47]

That is an issue in any government department. I’m a consultant for a federal agency in Washington and they have the same budgetary concerns. Don’t spend it you lose it.

[@Spynuffin]

This inflation of these prices and parts is only possible because these expenses are subsidized by taxpayers. The same thing happens with college and Medicare/Medicaid. Yes the GI bill and Medicare is a great service but this subsidized spending is the reason why tuition is 2000+ and hospital bills are life changing expenses. It’s not that the services don’t produce noticeable beneficial results. It’s that the spending is inflated and easily abused by those in power or those with enough wealth and influence to abuse these things.

[@aidanmartin7923]

Big mining companies willingly pay 3 - 5 times more for materials than the contractors who work for them could get them. Same wastage.

[@quinnlane7257]

Vmat203? Harrier higgs!!!!!!!!

[@quinnlane7257]

Hey devildog! Is this Higgs from vmat203?

[@BlakeLings-rf2ne]

I think there will always be wealth inequality because everyone has different levels of capability, ambition, and motivation. Lots of people simply don’t care to be rich despite the path that is open for them to be rich, they simply decide not to take it. That will never change.

[@williamshockley7692]

_"Human beings are born with different capacities. If they are free then they are not equal and if they are equal then they are not free"_ . - *Aleksander Solzhenitsyn* , author of _The Gulag Archipelago_

[@Hybred]

And theirs nothing wrong with that. Some people want to live simple quiet lives with the average American dream of owning a home and having a beautiful wife and kids, not everyone wants to be a CEO who works constantly and barely sleeps. The problem is people should be able to live average lives like that and make a living that doesn't make them feel suffocated. They shouldn't be able to buy a yatch but they shouldn't be extremely burdened yet the middle class is disappearing and most Americans are living paycheck to paycheck now. I don't agree with Sam Seder but I don't think their should only be a rich class and a poor, which has begun to happen as the economy declines. Let people live the American dream with a livable wage, instead of insulting people that they need to be an insurance broker, a CEO or realtor to make money. We need nurses, we need these other jobs, and they should be compensated fairly (which they were, but since their wages haven't gone up when prices have they now aren't)

[@STELLAR_PRIME]

You all act like he’s saying everyone should get paid the same for doing different work. No, he’s just saying to pay people more. They can still have their millions just give employees a decent wage

[@lootangshellhouse2506]

Just because everyone wants to work harder I have to work harder just to compete in a world where we are paying ridiculous mortgages for four walls so we can sleep just so we can go back to work none of you find this asinine

[@JT-gi8rx]

Well there won’t be equality, as well, because people have different levels of intelligence, have different level of skill, etc. I think a major way to make equality, though, or basically creating greater prosperity, would be making economics and business a basic class in our schools, starting in, say, grade 5 and up. Make it mandatory, right through to grade 12. Teach our kids to become a welder, or mechanic, plumber, electrician, accountant, dentist, etc., and then to start their own business. Teach them about getting loans for starting a business, teach them about fixed or variable interest rates, teach them that by starting their own corporation, they will get to pay less taxes than, say, a teacher or nurse would pay. My wife is a nurse, and her taxes come off of her paycheque automatically, and it’s 30-40% (depending how much she earns annually, how much OT she works). I have a corporation, and have excellent accountants, and make way more money than my wife while paying less taxes.

[@9171paladin]

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

[@spacejammer1991]

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

[@jfnwjnowngowjrn]

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

[@andreaviola8675]

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

[@jamesbizs]

@@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]

@@jfnwjnowngowjrnno. 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.

[@Qwickset]

Imagine thinking that "not taxing revenue at high rates....just what's left over" isn't going to cause accountants to find ways to limit "what's left over". What reality does this guy live in?

[@brandonjustes947]

There would be a cook book for cooked books that would be at every accountants desk. Metaphorically speaking.

[@tcb1012]

Truth of the matter is - Money is power and power is influence! 1% of Americans have way to much influence over this country and that's not right... 👈😎

[@jeffreythomas7466]

"not sure im fully getting what your saying/asking" when just a second prior he cut PBD off to say/agree "govt overspending was a problem" but when he realized it would go against his argument for higher taxes, he suddenly didnt understand. That's how you know how fake these people are, can NEVER admit that you may be right and they may be wrong. So they play dumb.

[@ChristianJay7]

You need to rewatch. Sam is for auditing the pentagon and cracking down on waste in the military. Love when you guys have no comeback about medicare being efficient so you attack a straw man

[@hunterbidenparmesanimports5633]

@@ChristianJay7watch again. You didn’t watch it yourself. He literally acted like he didn’t understand the questions bc it went against what he was saying. 🤡. Who’s gonna do the auditing ? Huh bud. The govt. lol. Get a life

[@Trollamollex]

​@@ChristianJay7You adding that doesn't mean the original poster is wrong, it just means that Sam is stupid in 4 dimensions

[@TyrianHaze]

@@Trollamollex He's either stupid or pretending to be stupid. Neither make his argument sound.

[@TyrianHaze]

@minimoose5638 It is if you attach a requirement that any spending be funded by taxed income. You can't spend money on bullshit if someone puts a limit on how much money you can spend.

[@chadmaskell]

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

[@YouArentSlick]

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

[@SouthernSilverExchange]

Pat thinks hes alot more intellectual than he really is.

[@Priss933]

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]

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

[@glennfarris305]

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

[@mumsspaghetti6649]

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

[@musa7606]

"I'm not kidding" :)

[@jarrettjb]

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]

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

[@samehabuerreish8785]

@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]

@@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?

[@douglaspierce8480]

You have to understand what "Marginal" means in tax policy; this is the rate BEFORE you apply your deductions. For wealthy people after all their deductions Are applied the marginal rate is usually reduced to less than half the marginal rate. For example, I believe that the corporate rate is 21 precent, but the actual rate that is paid is around 16 percent.

[@jotadelopez]

I really respect how PBD evidently being a fan of Trump and mega capitalist invites guests who are completely the polar opposite and have a really good sport debate/conversation. There’s a genuine feel from both sides that despite their differences they get along as people. You don’t get that same feel from other main shows/podcasts on KZbin, whether right or left.

[@1realtruthrightnow742]

Honestly, I really can't believe they even go on his show. Tim Pool has stated many times the Lefties rarely if ever will go on his show. The last two got their asses handed to them

[@Dennis-xj8nh]

How can anyone favor capitalism and also like Trump? That doesn't make any sense.

[@reedtheroom9580]

@@1realtruthrightnow742tim pool is an emotional baby who yells at people when he's arguing. Looked like a complete jackass debating Emma even if you agree with his hypocritical takes. Guys a loser and nobody wants to be berated by a grifter

[@Andrew-kz5ew]

@@Dennis-xj8nh Your comment doesn't make any sense. Wtf are you on about?

[@warbak3173]

Very true. He is very confident in his beliefs and willing to defend against anyone

[@buff1122]

Dude straight up skirted the question about if dollars are more efficient in the market vs govt

[@tonedowne]

Its a nonsense question. It absolutely depends on the goods and services in question. Is the government going to be better at buying shoes than you are? absolutely not, that would be insane. Is the government better at providing public services and utilities? Definitely

[@charliebrown4697]

Watch the entire thing.

[@andrewp5171]

@@tonedowneNo, actually, the government is not better at effectively spending money to provide public services or utilities either. The whole point is thats what they are supremely bad at doing. The government hires private companies to do these jobs but the companies know their customer and in this case its the government. The companies know the government will spend frivolously, exceed budgets and extend deadlines due to regulation and inspections all of which the private contractor can (and do) charge for. That makes government spending much less effective than a private company. Example: SpaceX designs and manufactures superior spacecraft at a significant fraction of the cost that NASA designs and manufactures the same technology.

[@GJK3]

​@@tonedowne take a look at Massachusetts public transport. It was awful to begin with, and then they privatized it to give contracts to the CCP rail company in Springfield. Both ways suck. It's not about if the government funds it or the private sector, greed will find it's way to never pay. We're better off giving them no way of playing with our money

[@i9incher]

​@@andrewp5171 To be fair, the private sector when left unregulated has disastrous consequences when providing utilities. Enron being the prime example. When left to government the worst you get is mega delays in restoring downed power. When left to corporations they purposely lie to shut down power to make a few extra bucks, causing car accidents which lead to deaths.

[@ishaangovardhan9090]

This PBD guy seems to believe that his personal life anecdotes are the most accurate representation of the universal human experience, despite evidence to the contrary

[@lazysundayz]

if you have no morals and decide to run MLM scams you too can become rich like PBD

[@Lat-YuFrantu516]

It seems more like a skill issue.

[@nubopgritty634]

Yes, no critical thinking allowed.

[@fernandocalles1726]

@@lazysundayzyou people are children.

[@bozejoetheclown3554]

That's called a personal bias, and guess what? Everybody has one. The thing is, some of them are much more in line with reality, than others.

[@jeffreyohler2599]

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!!!*

[@KimChi-wz7mk]

"I want to outlaw the people who are paying all the taxes".... yeah, makes sense.

[@psychoticchemist]

Lol. That’s not what he’s saying. He’s saying we should increase the marginal tax rate to a degree that people don’t become that ultra wealthy in the first place. It’s fine to disagree but at least frame his argument correctly. Your comment suggests that his prescription would reduce federal tax intake but in actuality it would increase it significantly.

[@UtubeMyAccountName]

@@psychoticchemist So let's do a little math. So people will make 3 mil and pay 40% tax which is 1.2 mil. Then let's say they make another 3 mil and pay 90% which is 2.7 mil. What person savvy enough to even make 3 mil a year (legally) in the first place, is actually gonna be foolish enough to keep working for 10 cents on the dollar?

[@AquaMarineFBVA]

​@@UtubeMyAccountName you are doing the math wrong.... It's a marginal tax rate. you tax over certain rates

[@UtubeMyAccountName]

@@AquaMarineFBVA No I didn't. That is how a marginal tax rate works, Once you reach the 'margin' your tax rate increases. The guy said that a person would hit that 90% rate at 3 mil.

[@AlexG-xl1cc]

That is why Socialist states always collapse. The rich will just move out to get away.

[@ultrarichie]

Best debate I'vee seen in 2023. All four quadrants: PBD I agree, PBD disagree, Sam I agree, Sam I disagree. Sam turns a question into making his point, PBD is insistent in his question, Adam brings the attention at the topic at hand. Amazing, guys.

[@SunnyofOz]

I really respect PBD for interviewing all kinds of people - and also wish we didn’t platform this dude! 😅

[@dustinanddylc]

Cancel Sam Seder just like crowder Tim Poole Dennis prager and all the other cowards (who also complain that the left won’t debate them) lmao

[@Micolashcage1]

Nah. Platform him and lets have a debate. We dont stoop to the level of moderm self-proclaimed dems/leftists/liberals and deplatform

[@SunnyofOz]

@@dustinanddylc my introduction to this fellow occurred when H3 was supposed to debate crowder and this guy showed up instead. That was cheap

[@SunnyofOz]

@Professor Tate H3 was supposed to debate crowder and pushed Sam on camera in his stead. That cheap gag turned me off from ever listening to his frantic yelling 😂

[@pender7]

People of all opinions should have a platform to express their views, even somebody as retarded as Sam Seder.

[@StephenIC]

I wish more commenters would engage with his points in good faith rather than mocking him or namecalling.

[@Siacourage]

Stupid ideas should be ridiculed not tolerated.

[@LK56835]

He's a socialist.... his idea is absolute governmental control of money.... which means no Freedom, no America.... Americans are mindless or should be mindless if we had it his way

[@RemarkableSean]

​@@Siacouragehistory is a stupid idea?

[@Siacourage]

@@RemarkableSean Communism has been proven over and over again it doesn't work. It destroys countries. Anyone who supports it should be ridiculed.

[@michaelpaniagua2836]

Sam is hilarious! Solving all the problems through taxes

[@garymardle2120]

Typical lefty thought process

[@CptApplestrudl]

@@garymardle2120 Isnt it the same with Republicans? No matter what it is, lower taxes on top earners...that will fix our issue.

[@CptApplestrudl]

@No Channel Do you mean to say, noone can propose higher taxes on the rich unless it's a rich person who would be affacted by it? What kind of idiot logic is that?

[@toddgaak422]

@@CptApplestrudl Republicans in congress, yes. They are just as bad as Democrats. We have to do something about our Uni-Party, or we are doomed.

[@AlexG-xl1cc]

"I'm not saying send them to jail" Well what do you think happens when you don't pay your 90% Taxes Sam? Armed men break down your door and throw you in a cage. The Monopoly on Violence of the State alone makes that level of taxation immoral.

[@JohnDoe69X]

The fallacy in this whole argument is that there should be wealth equality. People have inherently different abilities and aptitudes. So, it's unreasonable to expect them to have the same level of wealth.

[@andywoods6169]

Seemed more like idea was ultra wealthy people shouldnt really be allowed to consolidate wealth to a gluttonous point. I mean if everyone could afford a home, healthcare was truly accessible and families generally had security then ya okay you can have 100 million. The problem I see is wealthy titans creating empires for themselves off of the labor/inventions of others. Meanwhile poor people spending 40+ hours a week building assets for non contributing execs- and being attacked by the mentally ill in the streets while they slowly have their small wages extracted by near-violent costs of housing. All this while you have to be exposed to the banter of wealthy clowns on their snobby podcast talking about “I earned it” Piss off, the god damn construction worker who’s sacrificing his body to build that asset produces more in a day than execs do in a year. Quite a fucking joke honestly. Workers get crushed by housing costs, harassed in the street by mentally ill, or police-wealthy get to hop the globe trying on women and having lavish dinners until that bores them while they gush about how savvy they are for having insider trading info.

[@grittyfaithgrittyfacts]

Sam's not saying equal wealth. He's saying to stop allowing the richest to avoid paying their fair share of taxes.

[@JohnDoe69X]

@@grittyfaithgrittyfacts What's your definition of "fair share"? You do realize that there wasn't even such a thing as an "income tax" at the turn of the 20th century, right?

[@ThatTigr]

If you think Sam is arguing for “wealth equality” this entire conversation flew over your head.

[@jumpingbombangels2856]

@@JohnDoe69X”at the turn of the 20th century,” so are you arguing that the economy was better off then or what? I’m not exactly sure what the point of bringing that up is because it actually works against your point if you actually understand history 😂

[@darylgraham930]

Patrick’s facial expression is priceless when the guest tells him it should be illegally to be as wealthy as Patrick is 😂😂

[@ifiwantyoutofeel]

Sam ain't afraid 💪😼

[@AdamAdam-vr8yi]

Sams the man

[@p.chuckmoralesesquire3965]

"It should be illegal for your rich Iranin parents and grandparents to steal and smuggle a bunch of blood money into the united states in the 1970's and then you turn around and make this fake self-help and finance podcast with the money while insisting people be self-sufficient" Uhh yeah it was illegal, they did it illegally and tax free. Well now we know why this host doesn't like taxes LOL

[@rjbullock]

But not literally illegal… but impossible. I don’t think anyone should be able to accumulate more than $100 million, but whatever. Pretty arbitrary number.

[@coolthief8375]

@@rjbullock And I believe that nobody should be getting paid just to exist.

[@jhgarcon]

As a teacher, watching this debate helps me understand why most of my C students are usually conservatives and the A students liberal. It seems it's bcz of conservatives can't understand how to solve problems. You have 3 guys in this podcast who are staunch MAGA supporters, and they are singing about how great America used to be and what can be done to make it great again. Ironically one of the pillars of that greatness was bcz there was a marginal tax rate at 90% that helped create a strong middle class that was the backbone of that greatness, and they can't understand that basic fact. They want it great again but not the tax rates that used to make it so. I'm not surprised Patrick admits with great honesty he wasn't a bright student at school.

[@smexijebus]

He thinks of this as a closed system, where we just raise the taxes and there are no negative consequences because it's applied equally. But this is a global market, and why the hell would any company ever decide to move to or stay in an area where they're taxed 90%? And of course, any temporary benefits will be seen as 'proof' that it works, while all the detrimental effects take some time to come to fruition, and they'll claim it's entirely the fault of 'money grubbing companies' once again. It's like a kid who keeps stealing because he can't equate the punishments with the act. All he sees is the free stuff he gets beforehand.

[@funkydiscogod]

I think he's only trying to make the personal income tax 90%. He probably doesn't realize that most wealthy people don't earn money by working, they earn money by investing, or owning a business. The end effect of this, is that it will be harder for anyone to get enough money to invest and break into the super wealthy class. And we will see the predictable result: wealth becomes concentrated in the hands of fewer and fewer as nobody has the income mobility to break into the top groups.

[@johngrywalski1128]

my dude - 90 percent OVER THREE MILLION DOLLARS

[@mj3033]

But I bet guys like this would argue that major corporations receive bailouts because they employ the poor. I heard it through covid. So I can’t grasp exactly what these types of people want exactly.

[@AlexG-xl1cc]

Because Socialism only works in the context of Communism, which dictates world revolution. In that theory there is no escape, and those who resist will be murdered.

[@michaelbrutallyhonest6026]

Great idea Sam, let's give the government more money to waste.

[@rustycolon9368]

If you have to use hospital's any time soon I hope you're insured. Getting old without any public healthcare is a nightmare.

[@macdac9861]

Works fine in every other western country

[@gibranmcdonald9853]

To Patrick’s point it’s the military that is wasteful, not the whole government. Think about it like this: when you privatize things you add the cost of exorbitant executive compensation and expensive advertising to what you pay.

[@macdac9861]

@Seek and Destroy social democracy, which is why every other western country is better than states on every metric. But go on do the typical sepo move of telling us how wrong we are despite never having left your rubbish country and experiencing it for yourself

[@bogdanpopescu1401]

@@macdac9861 yeah, that's why the french are in the streets, the jobs everywhere have been fleeing to China, and why the US debt doubles every 8 years; despite the money printing business on top of the taxes; also the months long waiting lists in the health systems, and people being locked in their houses to save a system which was supposed to save them