Comments by "Ricardo Cabeza" (@ricardocabeza6006) on "How the rich avoid paying taxes" video.

  1. Don’t worry. People making under $30,000 receive more in benefits from the government, than they contribute in taxes.
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  2. Yeah. Forget those special needs kids. Let’s give that money to the government instead...
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  3.  @kamb8s ... If we tax unrealized gains. Do I get a tax break on my unrealized losses? Nahhh, of course not.
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  4. So what prevents him from writing a check today for the other half of his goal? Nothing. You’re being strung along for a ride.
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  5.  @joeschmoe6046 ... He made this pledge in 2006... 15 years ago. You’re being played for a fool.
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  6.  @samw ... Buffet can pay more in taxes. A tax bill is simply a minimum. The IRS will take more. Yet, Buffet doesn’t pay more on his own accord. Why is that? Is it because he’s playing you for a fool?
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  7. At least if we don’t have a defense budget, we won’t have as many people needing healthcare. Dead people don’t need healthcare.
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  8.  @Riptitde777 ... You want to tax investors on unrealized gains. Would you also want them to receive tax breaks on unrealized losses? Nah, of course not.
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  9. “Everyone pays their fair share” is a joke within a progressive tax structure.
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  10. How about Buffet gives the IRS more money? Taxes owed is a minimum... you can pay more. Yet no one ever does... until the government makes them.
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  11. Any evidence of this alleged tax evasion?
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  12.  @miscerswetdream ... He’s welcome to enjoy it, if he wants to keep his wealth. But, he said he would give it away in 2006. So 15 years later, it’s now some great milestone that he’s reached half his goal? He is pandering you...
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  13.  @ImBigFloppa ... And I’m sure he writes off those charitable donations. However, he’s saying the government should charge him more. Well... he can pay more if he wants to. But he doesn’t. You’re being played for a fool.
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  14. The value of a stock is based on the value of the company, divided by the number of shares. Earning reports are issued quarterly. You can see stocks go up or down based on earnings reports. As the market corrects any deviation away from the intrinsic value.
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  15. Now, just imagine you go to work and you come home with less money. That happens everyday with financial investments.
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  16.  @mzaite ... Well... Bill Hwang lost $20 billion dollars in two days earlier this year when Archegos Capital Management imploded. But, at least you have no clue what you’re talking about.
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  17. Don’t work. You’ll be both poor and won’t pay taxes. However, it’s not really avoiding taxes if you’re simply following the law, is it?
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