Comments by "Zach B" (@zachb1706) on "Yahoo Finance" channel.

  1. Taylor Foster he’s a millionaire. Call him what he is. Maybe if he had an idea how economics works (which he obviously doesn’t just listening to his radical ideas) he could be richer
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  2. Frank Sclafani the top 1% pay more tax than the bottom 90%. They pay their “fair share” no matter how you twist it
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  3. Frank Sclafani because corporations get tax deductions from carryover losses, worker and asset compensation, ect. It may sound bad - but it encourages those corporations to continue to invest in the us, improving the economy and continuing to pay taxes in the future.
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  4. Last election Hillary had a 100% lead
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  5. Even if it was a good idea (it’s not, it would mean people would move their money out of the US, and pay taxes there, while not investing in the us itself) it’s extremely unconstitutional. Under the 5th amendment: “nor shall private property be taken for public use, without just compensation”. Money is private property, and to tax the wealthy you would be taking it away without compensation. Income tax is fine, wealth tax is not.
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  6. Frank Sclafani honestly haven’t watched a Minecraft video in years, however thanks for pointing out my privacy issues. Feel free to say that the rich don’t pay tax, just remember that the stats don’t agree.
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  7. Frank Sclafani and you can’t complain about payroll tax anymore, trumps getting rid of it. Oh wait... orange man bad. Payroll tax must be good now.
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  8. Democrats have always spent more than Republicans. Just look at the candidates for the Democratic caucus. Joe Biden was promising the lowest spending
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  9. jpm8288 look at why they did. It wasn’t due to loopholes, it was due to multiple things: - Tax cuts. - Carryover losses - Worker and asset deductions Amazon was taxed, but not with corporate taxes. When the money was paid to shareholders (like Jeff Bezos), 37% was paid through income tax. When you hear “amazon doesn’t pay tax” it’s only referring to one type of tax, which is solely based on profits and losses. Are the tax cuts bad? I don’t think so, the plan was to cut taxes to allow businesses to not only pay for to employees, drop prices, but also to bolster investment (which stimulates the economy). Like it or not, these extremely successful businesses are incredibly important to the economy.
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  10. America pays more unemployment benefits than ANY OTHER COUNTRY. The us gives $600 a week to anyone out of job due to COVID, that’s $2400 a month - much higher than any other country.
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  11. Andrew Zembar what’s false? Find me one country that provides more money to unemployed people?
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  12. Because these states rely on oil? There’s 10 million oil jobs in the US, all really high paying, and all provide huge profits to our economy.
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  13.  @CstleTW  it will be replaced by other industries in the big states while these states get left in the dust
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  14. No it’s not
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  15.  @paulmccarthy1527  we couldn’t even pay off the defect under Trump by taxing the rich. Biden has increased this deficit. The middle class are going to need to pay up sooner or later.
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  16. Find me one country that has no loopholes
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  17. Andrew Zembar the government is paying off all coronavirus medical bills, and the unemployed are covered by Medicare anyway. And I can tell you for a fact that no county has a unemployment benefit like the us. My country, Australia, has had well over a million lose their job permanently. They are covered by Medicare, but are entitled to only $1200 AUD a month - just over $850 a month USD.
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  18. Ordinary Guy COVID killed local businesses, not just amazon
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  19. So hurt the people who didn’t get absolutely fucked by COVID? Sounds about right for a radical leftist.
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  20. That's... not how the economy works.
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  21. fliegeroh they are getting paid back every year. 11% of the us budget is spent on interest. Now what the us needs is to cut taxes, push investment. Get back jobs. And once that happens, then you can talk about balancing the budget
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  22. Not defund it, just reduce how many people can be eligible. Before COVID there were plans to reduce Medicare and Food Stamps on the unemployed. Remember at that time the US actually had more jobs than unemployed available workers. This was going to be left not only up to the National government but also the states, who could raise and lower it depending on unemployment rates, and poverty - ect. Down to the state level. These programs are America’s biggest expenses
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  23. How is it a regressive tax? It only hurts you if you have money sitting in a bank. Poor people don't have money sitting around - so they aren't effected. And smart people invest their money, so they aren't hurt.
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