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Sergey Bebenin
Michael Bordenaro
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Comments by "Sergey Bebenin" (@sergeybebenin) on "The Coming Economic Collapse: WHAT YOU NEED TO KNOW" video.
Our company is already preparing for layoffs precisely because we don't know "what's gonna happen tomorrow". You made fun of this comment, but when 25-30% import taxes are declared and/or removed/postponed spontaneously, it's impossible for corporations to plan accordingly and they go into "safety mode". I'm not even talking about retaliatory taxes. Some of the most expensive components for our systems come from Canada and Taiwan, by the way.
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Who will pay for your town's expenses? Do you even know where property taxes go?
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@kingscairn more of what?
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@qnbits ok, bud :) I thought this was a somewhat serious discussion. Federal taxes (foreign aid) have nothing to do with property tax. State taxes cover state expenses. Property tax covers town expenses. To "abolish probably tax" you first have to find $ to replace it. Hence, my original question. You don't abolish anything without first finding a replacement. Edit: in 2023 Americans paid over $750b in property tax. Same year, USA spent $71b on foreign aid. Can you see the problem with your math?
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@pmscalisi I don't need to research since I was pretty much directly involved with it. Canada - for some products it was 0%. For some it was 5%. Not exactly sure about Mexico but I suspect it's the same because of NAFTA. Maybe it's you that needs to research? Taiwan 2%. We don't ship to Taiwan though
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@qnbits now you are twisting what I said. I absolutely believe there's wasteful spending, but like I said... FIRST find funds to replace property tax and THEN abolish it. You are just another populist with no plan and the math proves it. I'm still waiting on inflation to stop the russo-ukraine war to stop (you know what I mean). And by the way, property tax has been a thing for centuries all over the world. It's not something new.
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@qnbits Math doesn't lie, populist. First find $750billion and then abolish all you want
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