Comments by "Zach B" (@zachb1706) on "CNBC Television" channel.

  1. Sanya Goldstar there’s a difference between protests and riots. Trump has threatened intervention of the states can’t grasp a hold of the riots .
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  2.  @MetallicaRocksss  income inequality isn’t a bad thing. You SHOULD get paid more for harder work - and if you run a extremely successful business like amazon you SHOUOD be able to earn as much as you like.
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  3. Count every vote... as long as it came in on Election Day. You can’t vote late and expect you’re vote to be counted.
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  4. Eddy Cruz what about what the taliban has done
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  5. John Cohn they primarily only make money from advertising. If companies start pulling out, they will also take their advertisements with them.
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  6. States should be the ones that set minimum wages, not the federal government. Look at NY and California, the highest cost of living and the highest minimum wage - any coincidence?
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  7. Where?
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  8. "Global tax reform", what dystopia are we living in?
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  9.  @MetallicaRocksss  disproportionate to what?
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  10.  @dylanc9145  they pay for the military and police through taxes... businesses pay way more taxes than most people. Poor people don’t pay taxes, does that mean that they do t deserve police, the military, Medicaid, SNAP, ect?
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  11.  @dylanc9145  and the other half? Payroll taxes, corporate taxes, capital gains tax. That’s without taking into account that businesses pay more income tax than the average person.
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  12.  @dylanc9145  tax is complicated. Corporations pay a percentage of their profit (currently 22% - deductions) in corporate taxes. They then pay out dividends, which are subject to income tax. They also pay 7.5% payroll taxes for every employee, property and state taxes, ect. Over all - businesses pay a majority of tax, most rich people are business owners - and they pay most of the tax. The top 1% pays more income tax than the bottom 90% combined. Add on the other types of tax and they are paying more than their fair share
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  13. Why stop their? 20% and you could have a full on depression. Or even just try negative interest rates, like -50%. The options are truely endless!
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  14. If they didn’t say “small businesses” or “low skilled workers”, then they are wrong. Because when it comes down to it - you aren’t hurting anyone other than these 2 groups.
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  15. No, it had a lot to do with sufficient compute. In the last 12 months they’ve 7x their compute capacity and they plan to more than double it again by the end of the year. That’s really limited them The latest version is a completely new model, they’ve done away with hard coded rules it is now almost fully based on the neural network.
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  16. LiDAR isn’t needed. Vision and processing can do anything it can do far cheaper. RADAR and IR cameras are needed though,
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  17. It was full of deductions and loopholes, no one ever paid that top tax. The average tax for the top was 40%, pretty much identical to now.
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  18. Bernies plan for healthcare would cost America over 33 trillion in 10 years, leading to massive tax increases across the board. 140 million people off of private insurance, put on a national healthcare system that will inevitably be worse. Over a million jobs lost in the insurance sector. Will they be replaced? Less funding into hospitals, lower pay fir doctors and worse treatment to individuals.
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  19. You can be a good person, but that didn’t make you qualified
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  20. random vids channel isn’t it kinda a governments job to be against anarchy?
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  21. Only a simple minded fool would see the rich like that. The reason we defend them is they own huge multinational corporations that provide employment to millions of Americans, and billions in federal taxes.
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  22. Lydia Atiemo can you even compare stock prices from company to company?
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  23. The us has many reasons why it’s average wage has been stagnant. Competition, cheaper labour (through low skilled workers and low skilled illegal immigration). I think the main misconception is that dropping taxes is instantly going to raise your earnings. What it does do though is reduce unemployment, which I think is just as important.
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  24. 1) probably not buffet investing, another person under him saw the position and invested 2) a company as big as berthshire would have people with high expertise in that field 3) had you been analysing Activision’s stock you’d know that the stock was severely undervalued following a PR debacle - a temporary stock sell off.
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  25. As trump said, rich people will just leave. Productive people next. Anyone willing ti work hard should fight against tax bills
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  26. It’s a joke, saying it’s racism when it clearly isn’t.
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  27. That’s it?
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  28. I short the Cramer index
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  29. Do you know what shorting is? It’s not price manipulation
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  30. For doing what exactly?
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  31. jimmyjam666420 what??? Rich places with loads of tourism is getting both 5G and the Coronavirus faster????
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  32.  @bytesburst grok is free for a limited number of queries per hour
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  33. paul horvath every country is infected however not every country has 5G.
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  34. This must be bad if you have cnn fact checking you.
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  35. @No way not all, some mail in ballots came in before the date
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  36. Joe Smith what military? You mean the one controlled by the us?
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  37. What she is an idiot, watching her debate Biden was awful. Pence will eat her in the debates
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  38. No he doesn’t play video games, but he does understand market fundamentals and probably has hired many video game industry experts. It’s too lucrative a field, with plenty of growth.
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  39. Apple
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  40. Amazon
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  41. Yes
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  42. Jimmy Wijaya like what? Are we going to tax toilet paper?
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  43. nuwavghost capital gains are taxed twice, once through corporate taxes (which ARE lower) and then again through income tax. So no, the rich don’t get away paying less tax, they actually pay more
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  44. nuwavghost on the basic level, corporate income is taxed twice. This is good for local business, which is only taxed once. So yes, capitalism helps businessman- but our freedom allows anyone to be that businessman.
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  45. nuwavghost no, COVID-19 did by killing small business and putting people out of work.
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  46. It’s 2% per year on all of your assets beyond $50 million.
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  47. I really don’t think you understand what you’re talking about.
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  48. Not even close.
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  49. Edmund Tozzi he’s not, he’s only having up the states with controlling riots
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  50. John Cohn these investors and businesses will look elsewhere for work, for investments and will cut back their payments to the us.
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  51. If the us started to spy on the apps then yes, there would be a reason to ban them.
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  52. It’s actually sad that the only reason this shirt company stayed afloat was because of one person. I’ve never liked elon, his “inventions” aren’t as great as anyone else believes, his Hyperloop, Tesla semi, things like that.
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  53. Jason Day I’m having a great time laughing at these tin foil hat “vigilantes” that don’t know what they’re on about burning down polls for a few years in jaul
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  54. The problem with your brilliant input is that he invested using public knowledge that’s open for anyone to see. “Insider trading” my ass
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  55. Rams&Rotties he’s fine with protests, but not with riots
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  56. So we can have another republican landslide?
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  57. J C if trump loses narrowly, of course he will ask for a recount.
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  58. She got the seat because trump picked her, and the republicans most likely will accept her in the senate.
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  59. 3) Amazon in paid zero tax because of carry over losses, and assets. However the profits are still subject to income and local taxes, when you hear 0% that’s only referring to corporate tax. And those tax cuts have allowed amazon to pay its workers a lot, the baseline pay for Amazon workers is $15/hr, which is amazing for a low skilled job.
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  60. Flavius Belisarius I disagree with term limits for both. The president has one because they are one of if not the most powerful person in the country. Let’s say you have an amazing representative in your district, a lot of people like them. If there was a term limit, say 2 terms, you would have to choose someone else 8 years later. Someone who probably doesn’t represent your community as well. Presidents don’t represent any community, they are like a king. They over watch everything in the country and for the sake of democracy there is a limit. Representatives just don’t have that same power
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  61. Obama didn’t slow military spending at all, and low interest rates help bolster investments and grow the economy.
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  62. What research?
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  63. Do people seriously think it’s reddit behind this? Sure, the initial wave may have been - but the majority of shares are held not by retail investors, but institutions.
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  64. Walmart pars it’s employee’s more than the minimum wage, for jobs like stacking shelves and being a cashier (not very skilled jobs). And out of it’s whopping 500 billion dollar revenue, it only profited around 10 billion last year. That means for every dollar they spend, 2 cents is profited - that’s extremely low.
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  65. Sharon Massey 10 billion is the profit, it is then divided between shareholders and taxed as income tax when it’s paid out. It employs over 2.2 million people, and to then pay every one of them over the minimum wage - it really adds up. If you can’t live on it (it’s around $25k a year, definitely livable) then leave. It’s a low skill entry level job not meant to feed a family.
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  66. Sharon Massey $12/hr can easily be lived on. Especially if you work extra hours. Again, if you don’t like the pay look elsewhere for employment - you cannot expect that a job stacking supermarket shelves is going to allow you to feed you and a family. When I said leave, I meant leave your job. Look somewhere else. Amazon pays its lowest workers $15/hr. You cannot sit here and complain about pay if your working an entry level, low skill and low effort job.
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  67. Sharon Massey then become a doctor, something that takes skill and is in high demand. Or start your own business. Or take on a trade. Or look for employment in any number of places. It’s not mine, the governments or those very successful businessmen’s fault that you continue to work a easy worthless job. I’m not referencing YOU in particular, just on general. You work what you are worth.
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  68. Sharon Massey let’s look at it this way: supply and demand. It’s a simple concept that’s the basis for capitalism, it regulates everything. The prices of goods, and especially how much a worker is paid. If there are a lot of positions but a low amount of eligible persons, then the job pays more and vice versa. Places like Walmart have much more available workers than they do job openers - and that’s why you get paid low.
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  69. Sharon Massey if you look at the economy over time, when slave labour ended the economy started to grow extremely quickly. This can be attributed to released slaves working, making an income which increases not only demand - but they could start their own business as well. Slave labour didn’t lead to innovation, it just let people get free workers. But when people had to compete, that’s when the us innovated. Just look at the US GDP over time.
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  70.  @TheM0joDoj0  Obama’s booming economy? It’s great when you become president after a recession because it makes the natural economy bounce back look like your work. Under Obama wages were stagnant, workforce participation dropped, and much more. Under trump wages increased, workforce participation increased and unemployment decreased to its lowest point. His tax cuts and deregulation helped businesses thrive.
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  71. EnouphIsEnouph yeah... schools need fast internet as many have to cater for over a thousand people in one small area.
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  72. Eddy Cruz that’s Iraq, the taliban are similar. They have very little in the way of woman’s rights, they publicly execute anyone that speaks against them. It’s awful.
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  73. Privately owned businesses can require a dress code, and masks can be enforced under that.
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  74. Fede Devi they work elsewhere
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  75. Tan Meng Huat leaders never had to face getting their own buildings burnt down by its own citizens
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  76. Ken Smith very unlikely, with the Medicare for all plan, the student loan bailout and the green new plan. It’s going to cost trillions
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  77. Dinesh rao for?
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  78. Lower taxes has lead to unemployment? What stupidity is that, under trump he cut taxes, cut regulations, which lead to millions of jobs being created. On top of that we have seen large increases in workforce participation and in wages.
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  79. By cutting taxes now, trumps getting investors to come abs stay in America rather than going overseas. This will mean more tax revenue in the future. What trump should do nuke is cut spending, cut off welfare benefits for those not working (of course once jobs return), or hand these programs like Medicare over to the states.
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  80. Edward Dodson the problem with taxes on rent or profits from assets is that when you raise them no one invests or reinvests into your economy. They take their money overseas to places like China where they can almost guarantee a profit due to the double digit growth China’s held for years.
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  81. Edward Dodson I know that people who aren’t looking for work aren’t counted, that’s why I also said participation rates have grown. Under Obama, participation in the workforce dropped, under trump it rose. It’s pretty obvious to see that trumps tax plan and deregulation of the economy has opened businesses up, creating more jobs, and increasing wages.
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  82. Is he though? Before covid he built the strongest economy the us has ever had - record low unemployment, highest wages. He cut down on border crossings, and started building a border in our south even with a Democrat house. Opportunity zones and the First Step Act pushed funding into poorer communities and reformed the prison system. Covid was bad, no doubt about that. But it’s also not completely his fault. The only thing that could have stopped a hard spread was if the us enforced a quick nation wide lockdown - trump doesn’t have that power. The plan was to keep it below 200 000 - and its looking that way. Now it’s onto rebuilding, and the CARES Act has been very important in rebuilding jobs, and providing to families who have been hurt by this pandemic.
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  83. “A president must not only pay attention to an economy or stock market, he must consider the whole people a crises like the Covid-19 pandemic.” A country can only care for people when it has the backing of a strong and stable economy. When big businesses go under, America - and any other country - is hurt. For that reason protecting the economy should always be any goal of any president. Look at this COVID-19 pandemic for example, it’s killed millions of jobs permanently - that’s millions of people who cannot earn an income to care for themselves or contribute anything meaningful to the economy. Trumps goal is to rebuild this economy, by cutting taxes, pushing out stimulus packages, getting rid of payroll taxes. Getting people working and earning an income is a priority, for the economy side of things. He’s supporting America in other ways, his CARES Act provided financial support to families and businesses. He increased the unemployment benefits for families. Now onto crisis’s. COVID-19 is undeniably a downpour in trumps career. The US was heavily underprepared for this pandemic, lacking resources to properly tackle it efficiently. Trump has poured billions into resources. But the only way this could have been stopped is if the us went into a full lockdown... which is legally questionable at best.
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  84. No, trump has no say in the judicial proceedings of the officer - it’s beyond his reach as president. He can however try to assist states with controlling these childish riots.
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  85. So what?
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  86. my name jeff a trump supporter? No, we’re called sage people. We understand that when you raise taxes, people won’t invest.
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  87. What?
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  88. James Vespertino restraints are not essential, they are a luxury. If you can’t cook there’s still fast food chains that don’t require intimate human contact
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  89. YOU might not think it’s a debatable topic, like I would believe that my ideas are debatable. The thing is, there are many sides to climate change, there’s the deniers and alarmists - which are moth radical. And then theirs people who believe in climate change, but don’t think it’s America’s duty to destroy its economy to prevent a tiny portion of worldwide CO2 emissions.
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  90.  @LlamaSpeeed  thats not what Kamala asked
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  91. Yes, tax those who didn’t get destroyed by the pandemic. How dear someone profit during a recession? It’s almost as if these risky investments helped businesses... no, investment is bad. Communism is good.
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  92. That’s it, trumps lost. A single tiny crowd, too much for him
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  93. Or you could give all of that $370 billion to the government and they would spend it within a month. That’s without taking I to account that it’s not $370 billion in cash, it’s mainly in shares which can’t be liquidated. Jeff Bezos “only” has $2.5 billion in liquid wealth.
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  94.  @superblondeDotOrg  $ for $?
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  95. Brain dead idiot. Is making Jeff Bezos pay more than he has even made a “good idea”
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  96. Encouraging saving means discouraging investment.
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  97. ​ @pyglatinhd2494  when you get money, you have three options: save, invest, spend. You cannot do both saving and investing - it's one or the other. Saving means the money is sitting around doing nothing. Look at Japan, it's low inflation rate has lead to it's economy stagnating, wages have stopped growing, and debt is continuing to rise.
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  98. Bowdown Dubsup no.
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  99. They’re eroding because they are becoming upper class jobs. People earn more now than ever before, can buy more things and can live a quality of life multiple times greater than just a couple decades ago
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  100.  @madams3478  people going down a class doesn’t mean they are earning less, it could simply mean that everyone around them started earning more. Their quality of life hasn’t changed.
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  101. A stimulus would really help jumpstart job creation, the problem is that the democrats keep piling on bailouts for states (mostly to pay off debts and pensions from before the virus), boosting unemployment benefits until 2021, and much more that would hurt job creation. No one is going to work if they make more from staying unemployed
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  102. Maybe look into the reasons. It was down temporarily due to temporary PR meltdown
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  103. Guilty Spark because they need the votes. The democrats are voted in by criminals
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  104. Romi Shah being a businessman of such caliber is perfect for parliament. It means that he has a lot of experience in the economy of his country. It’s definitely not a downfall.
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  105.  @TruthSeaker-t6q worst one was recommending Silicon Valley Bank a month before its collapse 😂
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  106. If trump was a massive tech businessman, then yes you could call it that. But he’s not - and there’s real cause for concern with these social media apps
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  107. denislovesyou trump gave away his business and all of its income to his children just to run the country. He didn’t even need to, as anyone income coming through his hotels isn’t the same as a donation from a foreign entity. He did it because he loves the US. Do you want to know who’s actually corrupt? The Democrat party. Especially Hillary Clinton, who’s foundation has taken in millions from foreign countries. Not individuals, the actual countries government, and a lot of that wasn’t declared to the government as was required. If she was investigated, she would be thrown in jail for extortion herself. That’s also forgetting how the Democrats are trying to subvert the constitution, how they are corrupt and push up specific candidates (like how Bernie was from the start of both 2016 and 2020 purposely neglected by the party).
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  108. I don’t see the problem, setting up a fast network in a time that many are stuck at home using the internet more than ever
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  109. Bernie lives off of taxpayers
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  110. Michael Lyndon yeah the average person will save, but taxes will rise extremely high for the rich. That would hurt the economy in the long run, with the rich investing into other countries more.
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  111. Michael Lyndon the most prominent plan (set by Bernie Sanders) would put a 57% tax on all earnings over $2 million. With more and more jobs being shifted out to China, and other countries who can do it cheaper - imposing such a heavy tax would only hurt us. The best way would be an opt in system with basic cover.
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  112.  @dylanc9145  stick to your ad hominem, because your argument is truely flawed. And you want to talk about sales taxes? They are even more insignificant than the corporate taxes you called significant in a prior comment.
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