Comments by "worn down" (@worndown8280) on "" video.

@masterpiece6440 I love how the left always complains about greedy companies until the become shills for those same companies when it comes to tariffs. I mean the Iphone is like 90% profit for Apple. Anyone who buys a phone from them now is a sucker.
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@kale-ascended A nation of chicken farmers he said. Most Americans arent even doing that good.
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@gracefulPainter "companies" arent buying up residential properties. Mom and Pops are though. Blackstone owns the most homes out of any investment company and they own less than .01 percent of residential units in the US. The issue is people are looking to hide income and can defer taxes by buying real estate. Its more of a tax loophole issue. Then add that more Americans are single and you have a vastly increased demand for housing. But that moment has passed. In the future housing prices are going to collapse in real value as the boomers exit and demand will implode as their estates are divested.
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@Kirill-er9gv Because having one home allows one to shelter cash under the mortgage deduction. But when you have say ten homes, you can actually leverage the value of those homes to get money from banks. These loans are against the home, not quite mortgages, not quite regular loans. Then this loan money is used to buy more homes without it ever being taxed, hence why I said, like a tax loop hole. All these assets can be re leveraged to generate even more income, all while being tax free. Many of the uber wealthy do this with other assets than houses as well, like with stocks they own. And they never have to pay a dime in taxes. I should know. I did it. And it helped me retired at 45. Just because you are ignorant about how the wealthy leverage their wealth in the way that the working class and middle class cant, doesnt mean it doesnt happen. And outside the US, in some places like Britain, there are actually carve outs that allow for tax exempt status if an individual buys 7 or more homes at once. But if you have additional questions I would be happy to answer. But maybe you have an agenda, I dont know. I dont even really care. I just know you are ignorant of how property can be leveraged for tax free money.
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Everyone forgets that when Clinton was the governor of Arkansas he partnered with Tyson's Chicken to bring in busloads of illegals to work in Tyson's plants there. Every local worker was fired. And when he was president he did it as well. That was back when you saw huge amounts of Mexicans outside Home Depot. That carried on through the Bush admin. People want to act like this never happened and are surprised that finally, the working class American who has been screwed over for the last 30 years now has a guy who is punching back for them.
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