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Kim O\x27Brien
Democracy Now!
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Comments by "Kim O\x27Brien" (@kimobrien.) on ""Brazen": David Cay Johnston on How Trump's Tax Returns Show He Defrauded U.S. & Enriched Himself" video.
@granolafunk6192 Sure Congress voting to shove the rail contract Greedy Boss Buffet wanted has nothing to do with his two party campaign contributions. It safer to ship oil in pipes as long as they are properly maintained. Rail Boss greed caused the accident in Quebec where a whole town was burned down.
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@ilexevergreen5405 Like all the donors to the two parties.
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@LC_1018 Warren Buffet the Greedy Boss of the BNSF and two party Donner is no doubt also avoiding taxes.
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@phillipgabriel8026 Very unlikely either will ever be convicted if anything.
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@austinoasis Burlington Northern Santa Fe Railroad.
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@Madasin_Paine If every politicians tax return is made public that creates a ready made enemies list of employers and business associates that can be pressured for unpopular opinions. They avoid taxes by NOT taking income but taking on debt secured with property. Federal tax is on income from work, profession or capital gains. You male a capital gain when you sell property. If you put it up to secure a debt thats NOT income by law. You pay the interest on the debt NOT a tax. You can actually deduct interst you pay on debt from your taxable income.
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@baronesselsavonfreytag-lor1134 You only pay taxes on income and capital gains. You avoid taxes as a boss by stock buy backs that drive up stock prices and you take out loans from banks using stock as collateral that way you never pay a tax because there are no taxes on debt. You only pay taxes on a capital gain by selling them. You cost is the price of money instead of taxes. You can also buy tax free bonds and put them up for collateral. They mature to pay the debt.
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@cidsapient7154 They don't pay income taxes because they own property and take out loans based upon collateralize debt. That is why many big companies no longer pay dividends but do stock buybacks and make the value rise. Which would you rather do take out a loan based upon collateral or sell property? Pay interest or Pay the tax. Now remember that property value rises with inflation unlike wages in fact if wages are held down profits rise but instead of paying dividends they do stock buybacks. Federal taxes are only collected on income and capital gains when property is sold. so a tax is paid by those who sell their property not those who buy.
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@cidsapient7154 What makes him worth more his money, his TV fame or his education at an elite university? Inquiring minds want to know? What makes Queen Hilary the choice of most of the elite and "educated" in the suburbs? Clinton went to the girls finishing school Wellsley college and graduated Yale law spending 15 years defending big business at Rose law. Sourse WSJ.
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@damienhaydon2703 Just another member of the Boss Class who committed treason by making the Democrats and Rhinos look like the first class idiots they are.
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@damienhaydon2703 No that is not the way the system works the people who will get taken to the cleaners are those with liile because all the rest have lawyers to hide behind.
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@damienhaydon2703 They way the avoid taxes is not to take an income or claim a capital gain instead you take out loans secured by stock Sp ypu never pay a tax on debt and only interests as you gi buying money when needed.
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@cidsapient7154 Sure you can because taking on debt is not the same as income. I have to sell the property before a capital gain occurs. You have collateral a bank is happy to lend you pay NO tax on a debt.
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@m6a1u57 Why sell property if you can take out a bigger loan to repay the loan. You pay only interest on a loan you never have income because you take out loans and the value of property rises deflating the value of the money and loans. Would you rather pay interest on loans or taxes on income? Put up property for collateral or sell property for a capital gain? Upon death you lose the property as collateral. Nothing is a certain as death and taxes. When I say property I mean any kind of property not necessarily real estate. This is why some companies don't pay dividends. They do stock buy backs to boost the value of the property so they can take out loans instead of declaring income. Amazon has never paid a dividend.
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@m6a1u57 Look over now!!!
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@m6a1u57 Why do you think Elon Musk brags about a one dollar salary?
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@johnathandoe9804 That's because you live in capitalist society towards the end of capitalism. You have a ruling class that owns everything and gives orders based upon making profits. Big business doesn't work the same way small businesses do. They want to hide the truth abut how it works and even to themselves because if they told the truth it would be revolutionary because truth is always revolutionary. So they give orders and comannds that don't make sense because they are always try to cut cost and save money for themselves. They create massive debts and demand payment when the debts can no longer get paid. They shut things down so they can save money while producing more but then we can't buy back all that can be produced.
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@barryb83110 The bottom line is capitalism is system of exploitation by the boss class.
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@barryb83110 Rail Boss Greed is the problem they want to cut more jobs because when your too big to fail and things go south and avoidable accidents happen you've got government on your side for another handout like the Con Rail Con job. The after the system has been recapitalized you talk about private efficiency and get a sell from the government portion for a song and dance ti restart the capitalist swindle process all over.
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@billpugh58 The fifth amendment protects you from from a police forced confession also. It requires the government to prove you guilty rather than you prove yourself innocent.
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Plastic Jesus go back on the dashboard.
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@cenecasful Trump is a traitor to the Democratic Party elitists. They can't stand that he exposed the hypocrisy of Queen Hilary the first.
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@jadadsr.8351 Trump only does what the rest of the greedy bosses like Warren Buffet and others who are in the big donner class to the two parties.
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@JesusSaysMAGAtrashMAGAfilth You go eat that plastic Jesus of yours knucklehead. No one is gullible as those who vote Demorat.
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@gordoncheswick4169 This is why the rich buy lawyers to hide behind.
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