Comments by "Zach B" (@zachb1706) on "This Millionaire Explains How Easy it is for the Rich to Exploit the System | Op-Ed | NowThis" video.

  1. W. George attacking the corporation you mean. There are no humans behind this bland propaganda
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  2. Um, what about the payroll tax cuts, stimulus packages and unemployment benefits?
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  3. JB the dems plan that went through the house, the republican senate and then got signed by the republican president. And the payroll tax cut will be extended if trump wins the election.
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  4. JB corporations are doing it just as hard as individuals, and cutting taxes is going to be necessary to keep jobs.
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  5.  @dollarznc  I said payroll tax cuts. Payroll taxes are capped at a certain income and don’t apply to capital gains. By cutting then they are helping the little guy. Plus cutting taxes in general isn’t a bad thing. Rich people will reinvest their money back into the market, and will be more inclined to do so in the us.
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  6.  @dollarznc  we saw under Trump how tax cuts can benefit the economy.
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  7. No you dont, look up the effective tax rates of each earner
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  8. hemanth kamana that’s mixing corporate taxes with income taxes. Corporate taxes are lower and have much more deductions. In Amazons case it was its carryover losses that cut its taxes. By the way, amazon took that extra money and increased worker wages and invested it into the business. It’s a great example of how cut taxes can help a business grow.
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  9. Income tax is only one tax. You have many other state and federal taxes that are t touched by this bill Anyway the point of the cuts is that we pay less now to get the balk rolling, and by 2025 the economy would be powerful enough that the tax cuts will pay for themselves and more.
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  10. Where
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  11. Investing is inserting resources you own (usually capital) into a system. The government actively encourages it, and that’s why taxes are lower. It’s not broken, it’s called human behaviour.
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  12. That’s exactly what happens here
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  13. Ok
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  14. Where?
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  15. They cut taxes to help promote economic growth which has grown increasingly more stagnant in recent years due to high taxes.
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  16. Yeah, the Democrats would love tax. They want tax to pay off their ridiculously expensive welfare plans
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  17. Why are taxes done by your employer? Does your employer know all of your spending, rebates and deductions you are owed? What about cash?
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  18. Tonytrekdax the average millionaire pays much more of their income as tax than anyone in a lower class.
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  19. There’s a number of ways, vote, petition, or move countries.
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  20. It’s called effective tax rate, yes he’s in a high bracket but a lot of his income is in lower tax brackets If he was filing an individual tax return with an income of $1M, he would pay much more, probably 50% more
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