1 00:00:00,200 --> 00:00:05,160 Speaker 1: That time, time, time, time, luck and load. 2 00:00:07,360 --> 00:00:09,720 Speaker 2: Michael vari show is on the air. 3 00:00:10,000 --> 00:00:10,720 Speaker 3: Because if you do. 4 00:00:10,680 --> 00:00:12,680 Speaker 4: Trust, there's no reason you can't keep that thirty. 5 00:00:12,440 --> 00:00:15,560 Speaker 2: Five thousand What did you say? 6 00:00:15,320 --> 00:00:16,160 Speaker 3: Thousand? 7 00:00:16,440 --> 00:00:18,159 Speaker 2: Thirty five thousand, all of it? 8 00:00:18,200 --> 00:00:21,920 Speaker 3: All right, everybody better start making sense. 9 00:00:22,239 --> 00:00:23,720 Speaker 4: If you want to keep all that money, give it 10 00:00:23,720 --> 00:00:24,400 Speaker 4: to your wife. 11 00:00:24,680 --> 00:00:27,159 Speaker 2: The IRS allows a one title only gift to your 12 00:00:27,200 --> 00:00:31,000 Speaker 2: spouse for up to sixty thousand dollars tax free, tax free. 13 00:00:31,120 --> 00:00:34,200 Speaker 2: Hi rs can't touch one second. I want to kill man. 14 00:00:35,760 --> 00:00:36,800 Speaker 5: Is a born kill. 15 00:00:36,840 --> 00:00:41,519 Speaker 2: I'm d enough up the way the big man, big. 16 00:00:41,400 --> 00:00:44,200 Speaker 6: City, the little man, all data. 17 00:00:44,640 --> 00:00:46,879 Speaker 7: I mean, the libertarian society is no longer with us 18 00:00:47,040 --> 00:00:49,599 Speaker 7: because the amount of tax coming out of the economy 19 00:00:49,640 --> 00:00:50,360 Speaker 7: is still much greater. 20 00:00:50,479 --> 00:00:53,479 Speaker 3: The amount of taxing government takes is over forty percent. 21 00:00:53,560 --> 00:00:55,080 Speaker 3: You know when the funding. 22 00:00:54,840 --> 00:00:56,680 Speaker 2: Father's got sick and tied to the British tax and 23 00:00:56,680 --> 00:00:58,720 Speaker 2: to say he had a tax and about twenty five percent. 24 00:01:02,480 --> 00:01:07,840 Speaker 2: This I ain't won from now all out dehing. 25 00:01:11,240 --> 00:01:15,280 Speaker 6: So we raised that name from your rib Take me 26 00:01:15,360 --> 00:01:19,400 Speaker 6: on your bail and list you could ride me all. 27 00:01:21,600 --> 00:01:25,160 Speaker 8: Yeah, dude, are we have people that are dying, they're 28 00:01:25,160 --> 00:01:27,080 Speaker 8: paying tax and they don't have the money to pay 29 00:01:27,120 --> 00:01:27,520 Speaker 8: the tax. 30 00:01:27,720 --> 00:01:28,960 Speaker 3: You know, in the old. 31 00:01:28,880 --> 00:01:32,479 Speaker 8: Days, eighteen ninety eighteen eighty, we had so much money 32 00:01:32,520 --> 00:01:35,399 Speaker 8: they had to set up committees, blue ribbon committees, how 33 00:01:35,480 --> 00:01:37,600 Speaker 8: to spend our wealth. We had no idea how to 34 00:01:37,600 --> 00:01:39,480 Speaker 8: spend it with so much money, so we went to 35 00:01:39,520 --> 00:01:41,720 Speaker 8: the income tax system and the rest is sort of history. 36 00:01:41,720 --> 00:01:44,039 Speaker 8: But no, there is a way, I mean, if we 37 00:01:44,680 --> 00:01:47,280 Speaker 8: if what I'm planning comes out, it's a great question. 38 00:01:47,360 --> 00:01:48,640 Speaker 3: By the way, everyone could have known it. 39 00:01:48,640 --> 00:01:50,000 Speaker 1: They're a sophisticated cat. 40 00:01:50,160 --> 00:01:52,840 Speaker 9: You know, everyone could have tained the American dream if 41 00:01:52,840 --> 00:01:55,320 Speaker 9: it wasn't for the high courts that the burden of 42 00:01:55,760 --> 00:01:56,800 Speaker 9: high taxes. 43 00:02:00,120 --> 00:02:01,640 Speaker 2: Chucker, I ain't want. 44 00:02:03,000 --> 00:02:05,240 Speaker 1: Come out the whole people. 45 00:02:07,720 --> 00:02:07,800 Speaker 10: Know. 46 00:02:09,080 --> 00:02:14,000 Speaker 6: But you can't wear no shot straight down your whole 47 00:02:14,080 --> 00:02:21,680 Speaker 6: damn you can be one. 48 00:02:19,280 --> 00:02:23,600 Speaker 2: Of the great frustrations with the tax these massive tax 49 00:02:23,680 --> 00:02:26,880 Speaker 2: that we pay, taxes that we pay, is what it 50 00:02:26,919 --> 00:02:32,680 Speaker 2: goes toward. It goes towards fraudulent spending, us AI, d 51 00:02:33,080 --> 00:02:39,160 Speaker 2: n PR, PBS, funneling money to people because we can't 52 00:02:39,440 --> 00:02:44,720 Speaker 2: say no, because powerful people want it to happen so 53 00:02:44,760 --> 00:02:47,080 Speaker 2: that they can own people that they give money to, 54 00:02:48,040 --> 00:02:51,880 Speaker 2: or funneling is. So it's sort of like they start 55 00:02:51,919 --> 00:02:55,080 Speaker 2: with this massive pot of money and then they all go, 56 00:02:55,120 --> 00:02:58,400 Speaker 2: all right, how can we keep this for ourselves? And 57 00:02:58,440 --> 00:03:02,160 Speaker 2: they call their brother, their sister, their life, their child, 58 00:03:02,680 --> 00:03:05,639 Speaker 2: adult child, and say start a business in this name 59 00:03:05,800 --> 00:03:09,880 Speaker 2: and file under this program and I'll approve it. And 60 00:03:09,919 --> 00:03:13,320 Speaker 2: there is so much of that. I give an example. 61 00:03:13,360 --> 00:03:17,000 Speaker 2: Here's Lori Chavez de Raymer, she's the Labor Secretariat at 62 00:03:17,040 --> 00:03:20,480 Speaker 2: the Cabinet meeting a few days ago. She's talking about 63 00:03:20,560 --> 00:03:24,720 Speaker 2: unemployment insurance fraud. We all know it's there and we're 64 00:03:24,760 --> 00:03:27,920 Speaker 2: paying for it. That's what your income taxes are going 65 00:03:27,960 --> 00:03:29,639 Speaker 2: toward accountability matters. 66 00:03:29,720 --> 00:03:32,920 Speaker 11: That's what we're recognizing with our partners at the Department 67 00:03:32,919 --> 00:03:36,040 Speaker 11: of Labor for Government Efficiency. Just a few weeks ago, 68 00:03:36,520 --> 00:03:40,160 Speaker 11: we realize there's about four point four billion dollars in 69 00:03:40,440 --> 00:03:42,840 Speaker 11: COVID funds that were not used, that the state coffers 70 00:03:42,880 --> 00:03:45,560 Speaker 11: were just holding on to. Out of that, we've returned 71 00:03:45,800 --> 00:03:47,920 Speaker 11: one point four billion back to the state treasury, so 72 00:03:48,040 --> 00:03:51,040 Speaker 11: essentially to the American people, and we'll go back and 73 00:03:51,080 --> 00:03:55,000 Speaker 11: call the rest of those billions of dollars back and 74 00:03:55,080 --> 00:03:57,000 Speaker 11: on the heels of that. Last night, late last night, 75 00:03:57,040 --> 00:04:01,880 Speaker 11: we're understanding unemployment insurance fraud. That trust needs to be 76 00:04:01,920 --> 00:04:04,720 Speaker 11: whole for the American people when we need it, we need. 77 00:04:04,560 --> 00:04:06,120 Speaker 12: It for who deserves it. 78 00:04:06,440 --> 00:04:08,000 Speaker 11: That's not what we're seeing in the numbers that we 79 00:04:08,040 --> 00:04:11,960 Speaker 11: saw last night again exposed by our partners at DOZE 80 00:04:12,080 --> 00:04:14,960 Speaker 11: at the Department of Labor. Since twenty twenty, over four 81 00:04:15,040 --> 00:04:19,000 Speaker 11: hundred million dollars of payments have gone out already. And 82 00:04:19,040 --> 00:04:22,360 Speaker 11: when you hear these numbers, apparently in the United States, 83 00:04:22,400 --> 00:04:25,320 Speaker 11: we have over almost twenty five thousand people who are 84 00:04:25,400 --> 00:04:29,200 Speaker 11: over one hundred and fifteen years old who are collecting 85 00:04:29,680 --> 00:04:32,800 Speaker 11: fifty nine million dollars that we have sent out to people. 86 00:04:34,000 --> 00:04:35,560 Speaker 12: Talk about fraudulent behavior. 87 00:04:36,400 --> 00:04:39,960 Speaker 11: Mister President, Twenty eight thousand people between one and five 88 00:04:40,040 --> 00:04:44,279 Speaker 11: years old have collected fraudulent payments. At the tune of 89 00:04:44,320 --> 00:04:46,600 Speaker 11: two hundred and fifty four million. 90 00:04:46,320 --> 00:04:47,279 Speaker 12: Dollars has gone out. 91 00:04:47,800 --> 00:04:50,520 Speaker 11: And lastly, ten thousand people who have not been born 92 00:04:50,600 --> 00:04:55,440 Speaker 11: yet fifteen years into the future sixty nine million. 93 00:04:55,279 --> 00:04:57,360 Speaker 12: Dollars and they haven't even been born yet. 94 00:04:57,520 --> 00:04:59,680 Speaker 11: In one case, they will be born one hundred and 95 00:04:59,720 --> 00:05:03,039 Speaker 11: twenty nine years from now. The United States government sent 96 00:05:03,040 --> 00:05:05,680 Speaker 11: them forty one thousand dollars and they're not born yet, 97 00:05:05,800 --> 00:05:08,240 Speaker 11: so under the Department of Labor, those are the things 98 00:05:08,240 --> 00:05:10,520 Speaker 11: that we're uncovering. I couldn't be more honored to tell 99 00:05:10,520 --> 00:05:13,200 Speaker 11: the American people that we're bringing back their dollars and 100 00:05:13,240 --> 00:05:17,800 Speaker 11: we're saving them and returning them to the United States Treasury. Also, 101 00:05:18,000 --> 00:05:21,000 Speaker 11: jobs numbers last Friday, two hundred and twenty eight thousand 102 00:05:21,520 --> 00:05:23,080 Speaker 11: new jobs were reported. 103 00:05:23,160 --> 00:05:24,680 Speaker 12: That is good for the American people. 104 00:05:24,920 --> 00:05:27,400 Speaker 11: That is my primary job is to grow that workforce 105 00:05:27,480 --> 00:05:30,680 Speaker 11: under your leadership. So we've kicked off the America at 106 00:05:30,720 --> 00:05:33,000 Speaker 11: Work tour and we'll be visiting all. 107 00:05:32,920 --> 00:05:34,320 Speaker 12: Fifty states and I'll be working. 108 00:05:34,120 --> 00:05:37,160 Speaker 11: With my colleagues here to do just that. So thank you, 109 00:05:37,320 --> 00:05:39,680 Speaker 11: mister President. We're going to grow this Econ company. 110 00:05:39,880 --> 00:05:43,599 Speaker 2: We're going to from countries that are scared of having 111 00:05:43,640 --> 00:05:47,680 Speaker 2: tariffs imposed or going to build operations here, and they're 112 00:05:47,680 --> 00:05:50,719 Speaker 2: going to need to hire people to staff those operations, 113 00:05:50,720 --> 00:05:53,080 Speaker 2: and you're going to see Americans going to work at 114 00:05:53,120 --> 00:05:57,400 Speaker 2: well paying jobs. Commerce from Tim Burshett on CNN with 115 00:05:57,480 --> 00:06:02,599 Speaker 2: Jake Tapper explaining why this and all these problems are 116 00:06:02,680 --> 00:06:06,800 Speaker 2: so bad. It's because Congress is in bed with with lobbyists, 117 00:06:07,600 --> 00:06:09,640 Speaker 2: in some cases literally. 118 00:06:10,000 --> 00:06:13,000 Speaker 1: Party has not been in favor of tariffs. 119 00:06:13,320 --> 00:06:15,919 Speaker 13: That's that's correct, But I think you're seeing a shift 120 00:06:15,960 --> 00:06:18,760 Speaker 13: in that. But we have a short memory of tariffs. 121 00:06:18,760 --> 00:06:22,200 Speaker 13: If you remember, I'm a motorcycle guy. Harley Davidson was 122 00:06:22,240 --> 00:06:25,480 Speaker 13: about to go under and President Ronald Reagan Bodley stepped 123 00:06:25,520 --> 00:06:29,240 Speaker 13: up and said, thousand cc motorcycles and above that. The 124 00:06:29,320 --> 00:06:32,040 Speaker 13: Japanese are dumping on the American market cheaper than they 125 00:06:32,040 --> 00:06:32,600 Speaker 13: can produce. 126 00:06:33,080 --> 00:06:35,200 Speaker 1: We're gonna we're gonna stop that by putting. 127 00:06:34,880 --> 00:06:37,080 Speaker 14: A that's targeted that's a targeted tariff. 128 00:06:37,120 --> 00:06:39,240 Speaker 1: Yeah, but China, but it's past that. 129 00:06:39,440 --> 00:06:41,640 Speaker 13: And if you think Congress is going to go along 130 00:06:41,680 --> 00:06:43,720 Speaker 13: with any of that, because Congress is in bed. 131 00:06:43,560 --> 00:06:45,600 Speaker 1: With K Street lobbyists, let's just be honest. 132 00:06:45,720 --> 00:06:50,279 Speaker 13: Sure they're they're literally literally literally and that's why. 133 00:06:50,120 --> 00:06:52,359 Speaker 2: They are Yeah Sunday morning. 134 00:06:52,480 --> 00:06:55,440 Speaker 13: Yeah, Well, sorry, all the good folks there at Since 135 00:06:55,440 --> 00:06:58,560 Speaker 13: we're on the subject of the waste that you're paying 136 00:06:58,600 --> 00:06:59,120 Speaker 13: to fund. 137 00:06:59,600 --> 00:07:03,200 Speaker 2: The Sea. CEO of Open the Books John Hart told 138 00:07:03,240 --> 00:07:07,799 Speaker 2: the Doze Subcommittee that federal agencies have spent four point 139 00:07:07,920 --> 00:07:11,880 Speaker 2: six million dollars sorry, four point six billion dollars on 140 00:07:12,200 --> 00:07:16,600 Speaker 2: furniture since twenty twenty one, despite the fact that those 141 00:07:16,640 --> 00:07:21,040 Speaker 2: employees were working from home. And the reason is it's 142 00:07:21,080 --> 00:07:25,120 Speaker 2: not about the furniture. It's about who got the contract 143 00:07:25,160 --> 00:07:28,080 Speaker 2: to sell it, and that's who they're paying, which is 144 00:07:28,120 --> 00:07:28,880 Speaker 2: friends and family. 145 00:07:29,840 --> 00:07:33,400 Speaker 15: Since physical year twenty twenty one, executive agencies have spent 146 00:07:33,440 --> 00:07:36,960 Speaker 15: more than four point six billion dollars on furniture alone. 147 00:07:37,160 --> 00:07:38,120 Speaker 3: That amount could. 148 00:07:37,920 --> 00:07:41,800 Speaker 15: Buy nine point two million American families a modest five 149 00:07:41,880 --> 00:07:45,480 Speaker 15: hundred dollars kitchen table. During the peak years of the 150 00:07:45,480 --> 00:07:49,080 Speaker 15: COVID emergency, from twenty twenty to twenty twenty two, agencies 151 00:07:49,080 --> 00:07:52,400 Speaker 15: spent three point three billion on furniture. Even as work 152 00:07:52,520 --> 00:07:56,400 Speaker 15: migrated to zoom. The SEC managed to spend seven hundred 153 00:07:56,440 --> 00:07:59,640 Speaker 15: thousand dollars furnishing a single conference room in New York, 154 00:08:00,360 --> 00:08:03,840 Speaker 15: and social distancing guidelines failed to keep even the Centers 155 00:08:03,840 --> 00:08:07,280 Speaker 15: for Disease Control from buying solar powered picnic tables with 156 00:08:07,400 --> 00:08:11,520 Speaker 15: charging ports that, by the Rowan rules, should have sat unoccupied, 157 00:08:12,440 --> 00:08:14,880 Speaker 15: and it added burden for taxpayers is that many spaces 158 00:08:14,880 --> 00:08:18,000 Speaker 15: are long term disrepair. As we mentioned before, federal buildings 159 00:08:18,000 --> 00:08:20,560 Speaker 15: teak three hundred and seventy billion dollars with pixis Michael 160 00:08:20,600 --> 00:08:21,280 Speaker 15: Barry's show. 161 00:08:25,200 --> 00:08:30,720 Speaker 2: There is a stupid show on Amazon Prime right now 162 00:08:30,960 --> 00:08:36,160 Speaker 2: called White Lotus. It's in season three and it's really dumb. 163 00:08:36,720 --> 00:08:39,079 Speaker 2: And my wife begged me to watch it with her 164 00:08:40,880 --> 00:08:45,959 Speaker 2: because she thought I might like it. And I want 165 00:08:46,000 --> 00:08:47,959 Speaker 2: to make it clear for the record that I hate it. 166 00:08:47,960 --> 00:08:51,600 Speaker 2: It's awful, it's terrible. I don't like it, but for 167 00:08:51,640 --> 00:08:55,280 Speaker 2: her sake, and only for her sake, I pretend to 168 00:08:55,400 --> 00:08:57,160 Speaker 2: like it. I don't know how many of you do this, 169 00:08:57,240 --> 00:09:02,439 Speaker 2: but my wife and I have very different tastes. She's 170 00:09:02,480 --> 00:09:05,800 Speaker 2: not a big TV watcher. Growing up in India, they 171 00:09:05,840 --> 00:09:09,520 Speaker 2: didn't have a TV in their home. Her her father 172 00:09:09,720 --> 00:09:12,720 Speaker 2: was a man of letters. Her grandmother was a university president. 173 00:09:14,040 --> 00:09:19,920 Speaker 2: They were they wrote, and they read a lot, and 174 00:09:20,679 --> 00:09:22,840 Speaker 2: when they socialized it was to get together to talk 175 00:09:22,880 --> 00:09:27,320 Speaker 2: about books and ideas, and that was very much her upbringing. 176 00:09:27,360 --> 00:09:31,520 Speaker 2: She's still a voracious reader. The idea of plugging into 177 00:09:32,760 --> 00:09:37,280 Speaker 2: a digital form was to her not sufficiently engaging. Well, 178 00:09:37,280 --> 00:09:39,640 Speaker 2: that's what I grew up on. My mother was a 179 00:09:39,640 --> 00:09:41,520 Speaker 2: big reader, and so I learned to read, and I 180 00:09:41,559 --> 00:09:43,920 Speaker 2: learned to love to read, and I still do. But 181 00:09:44,000 --> 00:09:46,520 Speaker 2: I also have my side where I plunk down on 182 00:09:46,559 --> 00:09:52,920 Speaker 2: the beanbag and watched my cartoons and all the way 183 00:09:53,000 --> 00:09:56,120 Speaker 2: up right, some invest parts of my life watching cartoons. 184 00:09:56,120 --> 00:09:59,520 Speaker 2: I'll be here to tell you the TV show it's 185 00:09:59,559 --> 00:10:02,960 Speaker 2: apparently all the rage now. The reason I agreed to 186 00:10:02,960 --> 00:10:06,000 Speaker 2: watch it with her is when we can find something 187 00:10:06,040 --> 00:10:09,800 Speaker 2: we can watch together, like a Landman or Justified or whatever. 188 00:10:10,280 --> 00:10:13,800 Speaker 2: It's just good quality time to spend together, you know, 189 00:10:13,880 --> 00:10:17,120 Speaker 2: other than dinner or me sitting out watching her garden. 190 00:10:17,240 --> 00:10:19,600 Speaker 2: It's a good way because I will sit and watch 191 00:10:19,720 --> 00:10:24,080 Speaker 2: music documentaries and political documentaries for hours on end, but 192 00:10:24,160 --> 00:10:27,319 Speaker 2: she's not part of that. And in order to do 193 00:10:27,440 --> 00:10:31,160 Speaker 2: things that she is part of, I will watch a show. 194 00:10:31,240 --> 00:10:34,880 Speaker 2: If there's a it's actually really good writing. There's there's 195 00:10:34,920 --> 00:10:37,920 Speaker 2: a weird incest thing. I'm not ruining anything for you 196 00:10:37,960 --> 00:10:39,920 Speaker 2: because you're gonna figure it out about five minutes in. 197 00:10:40,440 --> 00:10:44,760 Speaker 2: That creeps me out, and that's they don't need to 198 00:10:44,800 --> 00:10:48,440 Speaker 2: do that, and it's about enough for me not to 199 00:10:48,559 --> 00:10:51,480 Speaker 2: watch it at all. But she wants to watch this, 200 00:10:51,559 --> 00:10:54,480 Speaker 2: and we're enjoying watching this, and it's actually pretty darn 201 00:10:54,520 --> 00:10:56,719 Speaker 2: good writing. So far, I'm not very far into I'm 202 00:10:56,720 --> 00:10:59,880 Speaker 2: just two episodes into season three. Income tax is a 203 00:11:00,120 --> 00:11:04,040 Speaker 2: the only way that we pay taxes. The government has 204 00:11:04,120 --> 00:11:10,160 Speaker 2: a lot of ways to tax us. The following message 205 00:11:10,200 --> 00:11:12,760 Speaker 2: was paid for by the Internal Revenue Service with funds 206 00:11:12,760 --> 00:11:16,240 Speaker 2: provided by you. Good day, folks, and good news. 207 00:11:16,400 --> 00:11:18,640 Speaker 10: If you're getting sick of having all that extra money 208 00:11:18,640 --> 00:11:21,520 Speaker 10: in your bank account, the government has your back because 209 00:11:21,559 --> 00:11:24,720 Speaker 10: it's tax time again and the government has so many fresh, 210 00:11:24,760 --> 00:11:27,959 Speaker 10: exciting ways to tax us. We all know about income tax, 211 00:11:28,080 --> 00:11:31,400 Speaker 10: sales tax, and property tax, but here are some other, fun, 212 00:11:31,679 --> 00:11:34,600 Speaker 10: lesser known, creative ways that the government has come up 213 00:11:34,640 --> 00:11:37,960 Speaker 10: with to make sure you're never inconvenienced with having too 214 00:11:38,080 --> 00:11:38,760 Speaker 10: much money. 215 00:11:39,000 --> 00:11:41,800 Speaker 2: Like the alcohol tax, because we. 216 00:11:41,800 --> 00:11:44,520 Speaker 10: Know you're not responsible enough to think for yourself, so 217 00:11:44,679 --> 00:11:46,880 Speaker 10: we're going to punish you when you consume a product 218 00:11:46,920 --> 00:11:47,920 Speaker 10: that we don't agree with. 219 00:11:48,120 --> 00:11:49,240 Speaker 2: Or the carbon tax. 220 00:11:50,280 --> 00:11:52,520 Speaker 10: The carbon tax is a fee you pay to reduce 221 00:11:52,559 --> 00:11:53,360 Speaker 10: global warming. 222 00:11:53,720 --> 00:11:56,840 Speaker 2: Does any of the body actually go towards stopping global warming? 223 00:11:57,040 --> 00:11:57,120 Speaker 16: Not? 224 00:11:57,280 --> 00:11:59,560 Speaker 2: Really? Next up is the fat tax. 225 00:12:00,760 --> 00:12:03,280 Speaker 10: Much like the alcohol tax, this is a fee you 226 00:12:03,320 --> 00:12:05,480 Speaker 10: pay for trying to be happy for five or ten 227 00:12:05,559 --> 00:12:07,240 Speaker 10: minutes while you eat a hamburger. 228 00:12:07,400 --> 00:12:09,760 Speaker 2: Don't forget the financial transaction tax. 229 00:12:10,960 --> 00:12:13,160 Speaker 10: This is a tax you pay for moving the money 230 00:12:13,200 --> 00:12:15,720 Speaker 10: you've already earned from one place to another. Want to 231 00:12:15,720 --> 00:12:18,360 Speaker 10: transfer your assets into or out of a stock or 232 00:12:18,440 --> 00:12:19,880 Speaker 10: mutual fund, Better. 233 00:12:19,640 --> 00:12:21,040 Speaker 2: Pay up the fuel tax. 234 00:12:22,200 --> 00:12:25,400 Speaker 10: After already paying sales tax on gas and the carbon 235 00:12:25,480 --> 00:12:28,040 Speaker 10: tax on carbon emissions, you also have to pay a 236 00:12:28,080 --> 00:12:28,760 Speaker 10: fuel tax. 237 00:12:28,920 --> 00:12:31,000 Speaker 2: That makes sense. The luxury tax. 238 00:12:32,200 --> 00:12:34,560 Speaker 10: This is a tax you pay for purchasing things that 239 00:12:34,600 --> 00:12:37,520 Speaker 10: are slightly nicer than the things people normally buy. 240 00:12:37,679 --> 00:12:40,800 Speaker 2: The soda tax. Did you choose to. 241 00:12:40,760 --> 00:12:43,680 Speaker 10: Drink a beverage deemed unhealthy by the government, Well, then 242 00:12:43,880 --> 00:12:46,400 Speaker 10: you'll have to pay us for slowly killing yourself. 243 00:12:46,520 --> 00:12:50,920 Speaker 17: I'd like to buy the world a home and furnish 244 00:12:51,080 --> 00:12:57,080 Speaker 17: it with love, grow trees, so. 245 00:12:58,320 --> 00:13:02,160 Speaker 12: Turtle to teach. 246 00:13:02,280 --> 00:13:05,160 Speaker 18: They were conditioning us to accept being taxed at an 247 00:13:05,200 --> 00:13:11,000 Speaker 18: early age. The government funded schoolhouse Rock with Taxman Max. 248 00:13:16,640 --> 00:13:20,840 Speaker 2: Welcome to the variety, Sit and relax. I'm that song 249 00:13:20,920 --> 00:13:25,040 Speaker 2: and dance phenomenon. Let me sing for your boom. I 250 00:13:25,080 --> 00:13:26,000 Speaker 2: thing for your billing. 251 00:13:27,679 --> 00:13:29,520 Speaker 1: The son of domnall you in. 252 00:13:29,679 --> 00:13:33,800 Speaker 2: I'm tech taxes. That's a million melody symbol and truth. 253 00:13:34,559 --> 00:13:35,439 Speaker 3: I'll let it you know. 254 00:13:35,559 --> 00:13:40,720 Speaker 2: The idea of who educates the children, what pop culture 255 00:13:40,800 --> 00:13:47,440 Speaker 2: they consume what happens in the schools, in movies and books. 256 00:13:49,640 --> 00:13:54,880 Speaker 2: Those who wish to grab power, those who wish to dominate, 257 00:13:56,120 --> 00:13:59,160 Speaker 2: and that's not limited to the Nazis. You know, the 258 00:13:59,280 --> 00:14:05,439 Speaker 2: real reason that people reduce everything to the Nazis is 259 00:14:05,480 --> 00:14:08,640 Speaker 2: they've not studied history. It's the only group of people 260 00:14:08,760 --> 00:14:11,240 Speaker 2: they know that are bad people. They don't really know 261 00:14:11,320 --> 00:14:14,720 Speaker 2: anything about the Nazis. That's why they call everybody Nazis. 262 00:14:15,040 --> 00:14:20,360 Speaker 2: There is a theory known as Godwin's law, and Godwin's 263 00:14:20,440 --> 00:14:26,000 Speaker 2: law states that as an online discussion or argument really continues, 264 00:14:27,000 --> 00:14:31,920 Speaker 2: the probability of a comparison to Hitler or the Nazis 265 00:14:32,360 --> 00:14:39,480 Speaker 2: approaches one, and a probability of one means certainty. It 266 00:14:39,640 --> 00:14:45,160 Speaker 2: means that the longer an argument continues, one or the 267 00:14:45,280 --> 00:14:50,920 Speaker 2: other person is compelled to call the other person Hitler 268 00:14:51,080 --> 00:14:54,200 Speaker 2: or Nazis. I hear from people all the time, very 269 00:14:54,280 --> 00:14:58,960 Speaker 2: frustrated that someone they're arguing with online, which is a 270 00:14:59,080 --> 00:14:59,680 Speaker 2: fool's er. 271 00:15:00,200 --> 00:15:01,160 Speaker 5: Why do that? 272 00:15:01,960 --> 00:15:05,400 Speaker 2: Why it always starts with I just get on there. 273 00:15:05,600 --> 00:15:07,680 Speaker 2: I just like to taunt people. I like to get 274 00:15:07,720 --> 00:15:11,080 Speaker 2: on there and tonem and eventually there's somebody who taunts 275 00:15:11,120 --> 00:15:16,720 Speaker 2: better than you. Do, and now you're losing. Never argue 276 00:15:16,800 --> 00:15:23,160 Speaker 2: with the fool. They're typically more experienced at it, and 277 00:15:23,280 --> 00:15:29,800 Speaker 2: they enjoy it. Liberals love making you angry. You love 278 00:15:29,960 --> 00:15:36,400 Speaker 2: creating wealth and prosperity. They don't. Liberals suffer from mental 279 00:15:36,520 --> 00:15:40,640 Speaker 2: health disorders. Once you understand that and that you are 280 00:15:40,840 --> 00:15:44,120 Speaker 2: arguing with crazy people, that's not an insult, that's a fact. 281 00:15:45,200 --> 00:15:47,680 Speaker 2: But it always revolves around being called Hitler. They don't 282 00:15:47,720 --> 00:15:58,160 Speaker 2: even know who Hitler was. Michael Perry contact day every 283 00:15:58,280 --> 00:16:02,600 Speaker 2: year we dig out and dust off. After more than 284 00:16:02,880 --> 00:16:07,320 Speaker 2: over forty years now, let's say forty, yeah, almost fifty years. 285 00:16:08,040 --> 00:16:10,760 Speaker 2: Is Ronald Reagan on The Tonight Show with Johnny Carson 286 00:16:10,840 --> 00:16:14,840 Speaker 2: discussing tax reform and inflation. It's a little longer clip 287 00:16:14,920 --> 00:16:17,760 Speaker 2: than we would normally play, but I think it's that good. 288 00:16:19,200 --> 00:16:21,960 Speaker 2: You know, Reagan was dismissed as a dumb dumb at 289 00:16:22,000 --> 00:16:25,440 Speaker 2: the time. They talked about Reagan as if he was 290 00:16:26,080 --> 00:16:30,440 Speaker 2: what Joe Biden actually was, a dummy. He wasn't. Reagan 291 00:16:30,680 --> 00:16:36,640 Speaker 2: understood economics. He understood the nature of man, which despite 292 00:16:36,640 --> 00:16:41,359 Speaker 2: all the vernacular and jargon and industry terms and acronyms, 293 00:16:41,760 --> 00:16:44,240 Speaker 2: when you understand the nature of man. You understand the 294 00:16:44,320 --> 00:16:47,880 Speaker 2: nature of government and where it all goes wrong. Reagan 295 00:16:47,960 --> 00:16:52,920 Speaker 2: had a keen understanding of that from life. He also read, 296 00:16:53,600 --> 00:16:57,360 Speaker 2: He asked questions, he engaged. He was actually a very 297 00:16:57,600 --> 00:17:00,600 Speaker 2: very thoughtful leader. Anyway, this is from Reagan on the 298 00:17:00,640 --> 00:17:01,080 Speaker 2: Tonight Show. 299 00:17:01,200 --> 00:17:03,000 Speaker 7: When you and I were boys back in the Midwest. 300 00:17:03,680 --> 00:17:06,359 Speaker 7: Government's federal, state, and local. We're only taking about fifteen 301 00:17:06,440 --> 00:17:09,719 Speaker 7: cents out of every dollar earned. Today, they're taking almost 302 00:17:09,840 --> 00:17:12,359 Speaker 7: half of every dollar earned in the United States, and 303 00:17:12,480 --> 00:17:14,840 Speaker 7: most people don't realize it because the taxes are hidden 304 00:17:14,880 --> 00:17:17,520 Speaker 7: in the so called business taxes. You know, the politician 305 00:17:17,600 --> 00:17:19,840 Speaker 7: that stands up and yells, oh, let's save the little man. 306 00:17:19,920 --> 00:17:23,040 Speaker 7: Let's tax business, and everybody yells are ready. They haven't 307 00:17:23,080 --> 00:17:26,520 Speaker 7: figured out that every tax on business is just a 308 00:17:26,600 --> 00:17:29,919 Speaker 7: part of the cost of production, and the customer winds 309 00:17:30,040 --> 00:17:32,159 Speaker 7: up paying it when he buys the product. It's a 310 00:17:32,240 --> 00:17:35,080 Speaker 7: hidden sales tax. There's one hundred and sixteen of them 311 00:17:35,119 --> 00:17:36,600 Speaker 7: in the suit of clothes. 312 00:17:36,359 --> 00:17:37,119 Speaker 3: That each one of us is. 313 00:17:38,240 --> 00:17:41,040 Speaker 16: So a lot of the economists have suggested, and I 314 00:17:41,080 --> 00:17:42,679 Speaker 16: don't know it'll ever come to be in this country, 315 00:17:42,760 --> 00:17:46,560 Speaker 16: that they're if they closed all of the loopholes, and 316 00:17:47,400 --> 00:17:49,760 Speaker 16: for corporations and maybe tax loopholes, and even on their 317 00:17:49,800 --> 00:17:52,920 Speaker 16: rich certain loopholes, and made a percentage income and made 318 00:17:52,920 --> 00:17:55,480 Speaker 16: a flat fee without all of the deductions, that the 319 00:17:55,560 --> 00:17:57,720 Speaker 16: government might raise as much money as they do. 320 00:17:57,840 --> 00:18:00,960 Speaker 3: Now, Oh sure, really the loopholes. 321 00:18:01,160 --> 00:18:04,359 Speaker 7: This has been overdone by the politicians too, the bulk 322 00:18:04,400 --> 00:18:06,000 Speaker 7: of the money that is taken. But what are called 323 00:18:06,080 --> 00:18:08,800 Speaker 7: loopholes are the legitimate deductions with which if the people 324 00:18:08,840 --> 00:18:11,240 Speaker 7: didn't have them, they couldn't pay their income tax, interest 325 00:18:11,320 --> 00:18:15,480 Speaker 7: on their mortgage, interest on the installments on their car, 326 00:18:15,640 --> 00:18:17,959 Speaker 7: their property taxes on their home if they have one, 327 00:18:18,000 --> 00:18:18,560 Speaker 7: and so forth. 328 00:18:19,000 --> 00:18:21,639 Speaker 3: These are in politicians as loopholes. 329 00:18:22,359 --> 00:18:24,720 Speaker 7: But we ought to have tax reform, and we ought 330 00:18:24,720 --> 00:18:26,480 Speaker 7: to start by making it so simple that you don't 331 00:18:26,520 --> 00:18:28,160 Speaker 7: have to hire a lawyer to find out how much. 332 00:18:28,080 --> 00:18:30,440 Speaker 3: You owe every year. That's for sure it used to be. 333 00:18:30,840 --> 00:18:32,520 Speaker 2: Please get loose setified about. 334 00:18:32,240 --> 00:18:34,960 Speaker 3: It all, Johnny. 335 00:18:35,000 --> 00:18:36,360 Speaker 7: We live in the only country in the world where 336 00:18:36,359 --> 00:18:38,320 Speaker 7: it takes more brains to figure out your income tax 337 00:18:38,320 --> 00:18:39,359 Speaker 7: than it does earn the income. 338 00:18:40,480 --> 00:18:41,000 Speaker 2: They'd be right. 339 00:18:42,160 --> 00:18:44,000 Speaker 7: We've gotten in the habit over the last forty years 340 00:18:44,040 --> 00:18:47,080 Speaker 7: of thinking the government has the answers. There's very little 341 00:18:47,160 --> 00:18:50,000 Speaker 7: that government can do as efficiently and as economically as 342 00:18:50,040 --> 00:18:52,160 Speaker 7: the people can do themselves. And if government would shut 343 00:18:52,200 --> 00:18:54,040 Speaker 7: the doors and sneak away for about three weeks, we'd 344 00:18:54,119 --> 00:18:54,679 Speaker 7: never miss them. 345 00:18:55,560 --> 00:18:58,119 Speaker 3: Our biggest problem is that we have built. 346 00:18:57,960 --> 00:19:02,040 Speaker 7: A permanent structure of government, feral, state and local, the 347 00:19:02,200 --> 00:19:04,760 Speaker 7: permanent employees, and they've come to the place that they 348 00:19:04,920 --> 00:19:07,560 Speaker 7: actually determined policy in this country more. 349 00:19:07,440 --> 00:19:09,000 Speaker 3: Than does the Congress of the United States. 350 00:19:09,800 --> 00:19:12,720 Speaker 7: There are fourteen and a half million public employees in 351 00:19:12,720 --> 00:19:16,280 Speaker 7: the United States. That's quite a voting block. And the 352 00:19:16,359 --> 00:19:19,320 Speaker 7: bureaus and agencies not in Washington. I heard you talking 353 00:19:19,359 --> 00:19:23,280 Speaker 7: earlier about some of the research programs. What would you 354 00:19:23,320 --> 00:19:25,520 Speaker 7: say if I told you about one a study in 355 00:19:25,600 --> 00:19:31,480 Speaker 7: which this was called the Demography of Happiness. And in 356 00:19:31,600 --> 00:19:34,399 Speaker 7: this study, the government found out that young people are 357 00:19:34,400 --> 00:19:41,480 Speaker 7: happier in old people. They found out that people that 358 00:19:41,560 --> 00:19:44,879 Speaker 7: earn more or happier than people that earn less. And 359 00:19:45,000 --> 00:19:47,240 Speaker 7: they found out that well people are happier than six people. 360 00:19:47,280 --> 00:19:51,080 Speaker 7: That's GOODE was two hundred and forty nine thousand dollars 361 00:19:51,160 --> 00:19:52,199 Speaker 7: to find out it's better to. 362 00:19:52,240 --> 00:19:53,840 Speaker 3: Be rich, young, and healthy than old. 363 00:19:53,880 --> 00:19:58,119 Speaker 2: Boards A poll was. 364 00:19:58,160 --> 00:20:01,800 Speaker 7: Taken recently that found out that only forty six percent 365 00:20:01,840 --> 00:20:03,720 Speaker 7: of the people in the pool could name their United 366 00:20:03,760 --> 00:20:07,440 Speaker 7: States congressman. But what was worse, eighty six percent of 367 00:20:07,480 --> 00:20:10,119 Speaker 7: those who could name him couldn't tell you a single 368 00:20:10,240 --> 00:20:11,960 Speaker 7: thing that he represented or stood for. 369 00:20:12,800 --> 00:20:14,280 Speaker 3: They just knew that he represented the day. 370 00:20:14,359 --> 00:20:16,240 Speaker 7: But he was a congressman. But what's he doing while 371 00:20:16,280 --> 00:20:17,760 Speaker 7: he's up there? And the same is true at the 372 00:20:18,080 --> 00:20:21,480 Speaker 7: local levels of government and all the rest. But so 373 00:20:21,520 --> 00:20:23,160 Speaker 7: you're saying people really have to take an active interest. 374 00:20:23,240 --> 00:20:25,919 Speaker 7: You have to have citizen action groups locally and. 375 00:20:26,600 --> 00:20:30,720 Speaker 3: Let them know it especial. Now, the special interest groups are. 376 00:20:30,840 --> 00:20:33,639 Speaker 7: As everyone thought, big powerful business interests are something that 377 00:20:33,680 --> 00:20:35,359 Speaker 7: are going to persuade government to do things. As a 378 00:20:35,400 --> 00:20:37,280 Speaker 7: matter of fact, I don't know anyone with less influence 379 00:20:37,320 --> 00:20:40,280 Speaker 7: today in government than business. They're just a convenient whipping boy. 380 00:20:40,920 --> 00:20:42,760 Speaker 7: But it's the groups that have got a particular acts 381 00:20:42,840 --> 00:20:45,200 Speaker 7: to grind. You can't have a power plant because it 382 00:20:45,320 --> 00:20:47,119 Speaker 7: might interfere with the seagulls. 383 00:20:47,200 --> 00:20:47,280 Speaker 4: Now. 384 00:20:47,400 --> 00:20:51,080 Speaker 3: I think I'm an environmentalist and I do. 385 00:20:51,200 --> 00:20:53,080 Speaker 7: Not agree with those people way over in the edge 386 00:20:53,080 --> 00:20:55,480 Speaker 7: who paved the whole country over in the name of progress. 387 00:20:56,000 --> 00:20:58,080 Speaker 7: But also I don't like those on the other extreme. 388 00:20:58,119 --> 00:20:59,600 Speaker 7: The will let you build a house unless it looks 389 00:20:59,640 --> 00:21:01,920 Speaker 7: like a bird nest. Well, someplace in the middle, we 390 00:21:02,000 --> 00:21:05,280 Speaker 7: got to allow people are ecology too well, this kind 391 00:21:05,320 --> 00:21:08,119 Speaker 7: of group, and they want their particular program. Hundreds of 392 00:21:08,240 --> 00:21:10,240 Speaker 7: dollars have been added to the cost of an automobile 393 00:21:10,320 --> 00:21:12,800 Speaker 7: putting gadgets on it to clear up the air. We're 394 00:21:12,800 --> 00:21:14,480 Speaker 7: the only country in the world that's set out to 395 00:21:14,520 --> 00:21:17,840 Speaker 7: do it that way. When budget deficits are what's causing inflation, 396 00:21:18,000 --> 00:21:20,000 Speaker 7: I don't see that there's any room to be on 397 00:21:20,240 --> 00:21:21,479 Speaker 7: either side of that argument. 398 00:21:22,280 --> 00:21:25,679 Speaker 3: I think the answer to curing inflation is a balanced budget. 399 00:21:26,560 --> 00:21:28,040 Speaker 1: No, how do you do that? 400 00:21:28,720 --> 00:21:31,199 Speaker 3: I mean, it's not how do you balance the budget? Well, 401 00:21:31,280 --> 00:21:32,520 Speaker 3: balancing the budget. 402 00:21:32,240 --> 00:21:34,280 Speaker 7: Is like protecting it's more than you take in, right, 403 00:21:34,440 --> 00:21:35,720 Speaker 7: it's like protecting your virtue. 404 00:21:35,760 --> 00:21:47,159 Speaker 3: You have to learn to say no, there's got to. 405 00:21:47,119 --> 00:21:56,240 Speaker 2: Be another way. What's the second option? Well, no, there's some. 406 00:21:56,320 --> 00:21:58,280 Speaker 3: Ways that this could be brought about. First of all, 407 00:21:58,480 --> 00:21:59,879 Speaker 3: limitation here here's another one. 408 00:22:00,320 --> 00:22:04,240 Speaker 7: Why shouldn't we have, in addition to a simplified income text, 409 00:22:04,280 --> 00:22:06,879 Speaker 7: why shouldn't we also have a law that says that 410 00:22:06,920 --> 00:22:10,320 Speaker 7: anytime a legislator or a congressman introduces a spending program, 411 00:22:10,480 --> 00:22:12,440 Speaker 7: he has to introduce with it a tax program to 412 00:22:12,480 --> 00:22:14,959 Speaker 7: pay for it, and let the people find out. There 413 00:22:15,040 --> 00:22:18,680 Speaker 7: was a woman that from a financial firm that was 414 00:22:18,720 --> 00:22:21,120 Speaker 7: back at the President's Economic Council, and her words weren't 415 00:22:21,160 --> 00:22:23,359 Speaker 7: quoted everybody else's words gotten the paper, all the. 416 00:22:23,960 --> 00:22:26,760 Speaker 3: Heller's and the gall breaths, and all the so called economists. 417 00:22:27,520 --> 00:22:30,439 Speaker 7: And I have a degree in economics, so I can 418 00:22:30,520 --> 00:22:32,479 Speaker 7: say this, I think an economist to someone who has 419 00:22:32,480 --> 00:22:35,080 Speaker 7: a five data kapake in one end of his watchchain. 420 00:22:34,640 --> 00:22:35,600 Speaker 3: And no watch on the other. 421 00:22:37,520 --> 00:22:39,600 Speaker 7: This woman said that you go to the polls and 422 00:22:39,760 --> 00:22:41,800 Speaker 7: you ask the people do they want some social service, 423 00:22:41,880 --> 00:22:44,200 Speaker 7: some program the government can give, And the people in 424 00:22:44,280 --> 00:22:46,480 Speaker 7: the polls are after read and say that sounds good. Yeah, 425 00:22:47,400 --> 00:22:50,360 Speaker 7: But she says that isn't exactly accurate. She says, put 426 00:22:50,400 --> 00:22:53,760 Speaker 7: an one hundred dollars bill in each person's hand and 427 00:22:53,880 --> 00:22:56,159 Speaker 7: then show them the program and say, now, isn't that 428 00:22:56,200 --> 00:22:57,440 Speaker 7: a nice program? Do you want it? 429 00:22:57,800 --> 00:22:58,840 Speaker 3: Give me the one hundred dollars? 430 00:22:59,520 --> 00:23:01,359 Speaker 7: And she said, see what the poll says then, And 431 00:23:01,600 --> 00:23:03,840 Speaker 7: how many people hang on with one hundred dollars instead 432 00:23:03,840 --> 00:23:05,880 Speaker 7: of the program. In other words, that it's rather hidden 433 00:23:05,920 --> 00:23:07,879 Speaker 7: than someone doesn't know exactly where it's gonna come. They 434 00:23:07,920 --> 00:23:10,200 Speaker 7: all start all the government programs start a dollar down 435 00:23:10,240 --> 00:23:11,120 Speaker 7: and we'll catch you later. 436 00:23:12,320 --> 00:23:16,000 Speaker 3: And they multiply all of those things that you were. 437 00:23:16,359 --> 00:23:19,640 Speaker 7: The Office of Management and Budget in Washington that's responsible 438 00:23:19,680 --> 00:23:22,920 Speaker 7: for the budget putting the budget together, cannot even tell 439 00:23:22,960 --> 00:23:26,239 Speaker 7: you how many boards, commissions, agencies, bureaus and departments there 440 00:23:26,280 --> 00:23:29,439 Speaker 7: are in the federal government. But all of them can 441 00:23:29,520 --> 00:23:33,280 Speaker 7: pass regulations, and those regulations have the force of law. 442 00:23:33,920 --> 00:23:36,360 Speaker 7: And the difference is when you break the law, you're 443 00:23:36,400 --> 00:23:39,760 Speaker 7: innocent until proven guilty. When you break a regulation, the 444 00:23:39,840 --> 00:23:42,600 Speaker 7: fellow the charges you with breaking the regulation, you're guilty, 445 00:23:43,240 --> 00:23:44,480 Speaker 7: and if you want to take him to court and 446 00:23:44,560 --> 00:23:47,960 Speaker 7: prove you're innocent, that's up to you. And all of 447 00:23:48,000 --> 00:23:51,560 Speaker 7: these are things that, yes, we can trim the budget. 448 00:23:51,680 --> 00:23:53,560 Speaker 7: There's enough fat in the federal. 449 00:23:53,280 --> 00:23:55,480 Speaker 3: Government that if you rendered it, you could wash the world. 450 00:23:56,200 --> 00:23:59,840 Speaker 7: Maybe it's time for realignment between people who might defind 451 00:23:59,880 --> 00:24:02,720 Speaker 7: them those are the wrong parties. Maybe there's some people 452 00:24:02,800 --> 00:24:06,160 Speaker 7: still voting. I was a Democrat most of my life. 453 00:24:06,240 --> 00:24:09,400 Speaker 7: I became a Republican only not too many years ago. 454 00:24:10,280 --> 00:24:13,040 Speaker 7: And I had the pleasure of telling some of those 455 00:24:13,080 --> 00:24:15,560 Speaker 7: people that are saying the Republican Party ought to broaden 456 00:24:15,640 --> 00:24:19,359 Speaker 7: this base the other day that when I switched parties, 457 00:24:19,400 --> 00:24:21,440 Speaker 7: I didn't do it because the two parties were alike. 458 00:24:22,280 --> 00:24:25,800 Speaker 3: I did it because they were different. And I think 459 00:24:25,880 --> 00:24:27,600 Speaker 3: that the two parties ought to stand up as to 460 00:24:27,680 --> 00:24:28,480 Speaker 3: what they represent. 461 00:24:29,880 --> 00:24:32,639 Speaker 2: They remain scared the death of you, and they remain 462 00:24:32,760 --> 00:24:35,240 Speaker 2: scared to death of Trump. Michael Berry show, You're not 463 00:24:35,400 --> 00:24:38,520 Speaker 2: going anywhere even if Trump does. You're not. 464 00:24:40,000 --> 00:24:40,040 Speaker 10: So. 465 00:24:40,240 --> 00:24:43,360 Speaker 2: As we always do on April fifteenth, we focus on taxes, 466 00:24:43,440 --> 00:24:48,080 Speaker 2: particularly the income tax. Being tax Day, you can file 467 00:24:48,480 --> 00:24:54,080 Speaker 2: an extension if you have not. If you are unable 468 00:24:54,720 --> 00:24:58,480 Speaker 2: to finish your taxes today, the extension you do not 469 00:24:58,640 --> 00:25:02,000 Speaker 2: have to take to the entirety of the extension. You 470 00:25:02,080 --> 00:25:04,600 Speaker 2: can file an extension and fire your taxes in a 471 00:25:04,640 --> 00:25:06,800 Speaker 2: few days. If you're close but can't quite get it 472 00:25:06,880 --> 00:25:11,240 Speaker 2: done tonight, I will encourage you. If you own a 473 00:25:12,560 --> 00:25:17,280 Speaker 2: mid size company or more and you are not aggressively 474 00:25:17,960 --> 00:25:23,880 Speaker 2: looking at tax strategies, then you are not availing yourself 475 00:25:23,960 --> 00:25:27,879 Speaker 2: of every tool in the toolbox to make your business 476 00:25:27,960 --> 00:25:31,400 Speaker 2: more likely to succeed. I use a company called Duroche 477 00:25:31,760 --> 00:25:36,440 Speaker 2: in Houston, which is a CPA firm that they don't 478 00:25:36,480 --> 00:25:39,399 Speaker 2: just filere your taxes. They look at strategic ways to 479 00:25:39,520 --> 00:25:43,320 Speaker 2: make good decisions, to comply with tax laws, stay out 480 00:25:43,400 --> 00:25:47,879 Speaker 2: of trouble, but also maximize the benefit good business decisions. 481 00:25:48,480 --> 00:25:52,600 Speaker 2: That's why they view themselves more as strategists than just CPAs. 482 00:25:53,359 --> 00:25:55,880 Speaker 2: And as always, you're welcome to email me and ask 483 00:25:55,960 --> 00:25:58,679 Speaker 2: me for referrals on anything if you have a problem 484 00:25:58,760 --> 00:26:03,080 Speaker 2: with a a tax problem with the IRS and they 485 00:26:03,160 --> 00:26:06,080 Speaker 2: claim you owe money. I have a firm I've used 486 00:26:07,000 --> 00:26:09,680 Speaker 2: for well, I don't know fifteen years. They've been a 487 00:26:09,680 --> 00:26:11,680 Speaker 2: show sponsor. They're based out of Houston, but they have 488 00:26:11,720 --> 00:26:15,760 Speaker 2: a national practice. They're called Top Tax Defenders dot com. 489 00:26:15,960 --> 00:26:17,639 Speaker 2: You can email me. I can literally put you in 490 00:26:17,760 --> 00:26:21,080 Speaker 2: touch with the owner. We've had folks that IRS said 491 00:26:21,119 --> 00:26:25,520 Speaker 2: you owe us hundreds of thousands of dollars and a 492 00:26:25,840 --> 00:26:29,879 Speaker 2: they didn't or be in some cases they did, but 493 00:26:30,040 --> 00:26:32,440 Speaker 2: there were a lot of what they quote unquote owed 494 00:26:32,760 --> 00:26:35,920 Speaker 2: was fines and tax was fines and penalties that the 495 00:26:36,000 --> 00:26:38,800 Speaker 2: IRS was willing if they would come in and say, okay, 496 00:26:38,840 --> 00:26:41,359 Speaker 2: we made a mistake, as the taxpayer, I made a mistake? 497 00:26:42,080 --> 00:26:45,119 Speaker 2: Can we waive that? The truth of the matter is 498 00:26:45,760 --> 00:26:48,480 Speaker 2: you don't want to fight the irs alone because they 499 00:26:48,560 --> 00:26:51,120 Speaker 2: have all the power. They do this all day, every day, 500 00:26:51,760 --> 00:26:54,119 Speaker 2: and they don't have any reason to be nice to you. 501 00:26:55,200 --> 00:26:58,200 Speaker 2: But if you get someone to protest on your behalf. 502 00:26:58,400 --> 00:27:00,840 Speaker 2: My folks are top tax defenders or other folks. I 503 00:27:01,000 --> 00:27:02,560 Speaker 2: like my folks a lot because I've used them a 504 00:27:02,600 --> 00:27:05,840 Speaker 2: long time, and I'm always happy if any listener wants 505 00:27:05,880 --> 00:27:08,600 Speaker 2: to email me and say, use the word sponsor in 506 00:27:08,680 --> 00:27:11,399 Speaker 2: the subject line, Hey, Michael, who is the sponsor? You 507 00:27:11,560 --> 00:27:13,680 Speaker 2: use that it helps you fight the irs? Who is 508 00:27:13,720 --> 00:27:16,720 Speaker 2: your accountant? For that matter? People email me all the 509 00:27:16,760 --> 00:27:18,960 Speaker 2: time and ask me for everything else. Who's your cardiologist, 510 00:27:19,240 --> 00:27:20,160 Speaker 2: who's your skin doctor? 511 00:27:20,160 --> 00:27:21,840 Speaker 18: Who's And even if I don't have a show sponsor 512 00:27:21,920 --> 00:27:24,600 Speaker 18: per se in that category, I do my best to 513 00:27:24,720 --> 00:27:27,520 Speaker 18: track down and find somebody for them. 514 00:27:28,640 --> 00:27:34,119 Speaker 2: Service providers are not commodities. You think about the difference 515 00:27:34,119 --> 00:27:35,720 Speaker 2: between the best quarterback in the league and the worst 516 00:27:35,800 --> 00:27:38,760 Speaker 2: quarterback in the league. You think about the best coach, 517 00:27:39,440 --> 00:27:43,480 Speaker 2: and you think about the worst. It matters. Not everybody 518 00:27:43,640 --> 00:27:47,200 Speaker 2: is equal in the delivery of services. You want to 519 00:27:47,280 --> 00:27:50,159 Speaker 2: get good people. You don't want to go to a 520 00:27:50,240 --> 00:27:52,440 Speaker 2: bad doctor that says, oh, you just got a lump 521 00:27:52,520 --> 00:27:55,520 Speaker 2: on your head, Take two aspirin, call me in the morning, 522 00:27:55,600 --> 00:27:58,399 Speaker 2: head on home, when in fact it's a cancer that, 523 00:27:58,640 --> 00:28:02,760 Speaker 2: if treated, your life could be saved. So it does 524 00:28:02,880 --> 00:28:06,120 Speaker 2: matter what you do. Since we're on the subject of taxes, 525 00:28:06,200 --> 00:28:10,119 Speaker 2: comedian Tim Slagell has an ingenious way to teach his 526 00:28:10,320 --> 00:28:12,000 Speaker 2: kids about taxes. 527 00:28:13,119 --> 00:28:15,200 Speaker 5: Folks, if you have kids, you got to teach those 528 00:28:15,280 --> 00:28:17,600 Speaker 5: kids about taxes. The best time you can do this 529 00:28:17,800 --> 00:28:23,040 Speaker 5: is right around the corner, coming up Halloween. See, because 530 00:28:23,040 --> 00:28:24,760 Speaker 5: they're going to put in about eight full hours of 531 00:28:24,840 --> 00:28:26,040 Speaker 5: power trick or treating. 532 00:28:27,000 --> 00:28:30,159 Speaker 4: They're could be bringing home a nice big bag of 533 00:28:31,040 --> 00:28:33,520 Speaker 4: what should be take home candy. 534 00:28:40,920 --> 00:28:41,479 Speaker 2: This Halloween. 535 00:28:41,560 --> 00:28:43,600 Speaker 14: Just greet that little tike at the door. See that's 536 00:28:43,680 --> 00:28:47,080 Speaker 14: a nice big bag of candy you got there. Harry Potter. 537 00:28:49,960 --> 00:28:53,200 Speaker 14: First of all, now you see, just because you made 538 00:28:53,280 --> 00:28:55,600 Speaker 14: this much, we have to take. 539 00:28:55,440 --> 00:28:59,840 Speaker 2: Away this much income to. 540 00:29:02,600 --> 00:29:07,040 Speaker 4: Then to ensure you'll have candy in your old age, 541 00:29:12,360 --> 00:29:14,440 Speaker 4: I pay the Social Security tax. 542 00:29:16,480 --> 00:29:17,160 Speaker 2: Quit crying. 543 00:29:19,560 --> 00:29:24,200 Speaker 4: You're gonna see it in fifty sixty years, I tell you, well, 544 00:29:24,400 --> 00:29:26,640 Speaker 4: just put that right up here. We won't touch it 545 00:29:26,760 --> 00:29:33,280 Speaker 4: till then I got a level with you, man. Your 546 00:29:33,320 --> 00:29:34,440 Speaker 4: Grandpa's gonna eat all that. 547 00:29:36,920 --> 00:29:39,760 Speaker 2: I saw this a while back while I was sitting 548 00:29:39,800 --> 00:29:42,360 Speaker 2: out on the back porch. This is a guy who 549 00:29:42,400 --> 00:29:45,520 Speaker 2: posts under the name anti Communist on X about how 550 00:29:45,600 --> 00:29:46,200 Speaker 2: taxes work. 551 00:29:47,000 --> 00:29:49,560 Speaker 9: You're gonna take forty percent of my paycheck in taxes, 552 00:29:49,640 --> 00:29:54,200 Speaker 9: most definitely, and then after you tax my chick, you're 553 00:29:54,240 --> 00:29:56,760 Speaker 9: gonna tax me on anything I spend with the money 554 00:29:56,880 --> 00:29:59,360 Speaker 9: left from my chick that you already taxt. Oh you 555 00:29:59,440 --> 00:30:02,520 Speaker 9: getting it now, you disclose, You disclose to getting ready 556 00:30:02,560 --> 00:30:03,720 Speaker 9: to chaste the American dream. 557 00:30:03,800 --> 00:30:05,880 Speaker 2: So let me get the trade. You're gonna tax my 558 00:30:06,000 --> 00:30:08,920 Speaker 2: whole cheap, give me what's lyft. Then I'm gonna spin 559 00:30:09,000 --> 00:30:11,880 Speaker 2: that all. Shoot you. I can't play this out. I 560 00:30:11,960 --> 00:30:15,800 Speaker 2: wanted to close with Paul Harvey on how our government 561 00:30:15,920 --> 00:30:18,520 Speaker 2: and high taxes are our enemy. It's one of my 562 00:30:18,600 --> 00:30:21,120 Speaker 2: favorite bits. We used it this morning, but I always 563 00:30:21,120 --> 00:30:22,960 Speaker 2: make sure to play it on both shows every year 564 00:30:23,440 --> 00:30:26,680 Speaker 2: at on tax Day because I think it's just fantastic. 565 00:30:26,800 --> 00:30:27,720 Speaker 2: Let's close strong with that. 566 00:30:28,080 --> 00:30:31,440 Speaker 18: At Running Need, the Magna carter was handed to King 567 00:30:31,560 --> 00:30:35,440 Speaker 18: John on the end of a sword, denying to royalty 568 00:30:35,800 --> 00:30:39,360 Speaker 18: the right of unlimited taxation. And you know it was 569 00:30:39,400 --> 00:30:41,960 Speaker 18: for us, the American people, to become the first and 570 00:30:42,080 --> 00:30:47,080 Speaker 18: recorded history ever voluntarily to surrender our rights to private property. Nyes, 571 00:30:47,200 --> 00:30:50,800 Speaker 18: we did, whether men are some sounding constitutional amendment to 572 00:30:50,840 --> 00:30:52,880 Speaker 18: sixteenth which says that Congress will have the power to 573 00:30:52,960 --> 00:30:57,040 Speaker 18: lay and collect taxes on incomes from whatever source derived. 574 00:30:57,040 --> 00:30:58,600 Speaker 18: And we forgot to put any limit on the extent 575 00:30:58,640 --> 00:30:59,360 Speaker 18: to which we could. 576 00:30:59,160 --> 00:30:59,840 Speaker 3: Tax our shows. 577 00:31:01,000 --> 00:31:03,440 Speaker 18: Conceivably we could be taxed out of all private property. 578 00:31:04,480 --> 00:31:07,960 Speaker 18: We could be taxing upet but one hundred percent. We 579 00:31:08,000 --> 00:31:09,840 Speaker 18: could awaken one morning and find that the government owns 580 00:31:09,840 --> 00:31:11,440 Speaker 18: the farm, and the house, and the car, and has a. 581 00:31:11,440 --> 00:31:12,400 Speaker 12: Mortgage on the church. 582 00:31:12,520 --> 00:31:18,040 Speaker 18: Legally, historically, whenever any nation has taxed its people more 583 00:31:18,120 --> 00:31:22,600 Speaker 18: than twenty five percent of their national income, the initiative 584 00:31:22,720 --> 00:31:25,240 Speaker 18: was destroyed and that nation was headed for economic eclipse. 585 00:31:27,160 --> 00:31:28,920 Speaker 3: History says, we'll roll forward. 586 00:31:28,680 --> 00:31:30,800 Speaker 18: On momentum for a little while, but we'd better get 587 00:31:30,880 --> 00:31:34,240 Speaker 18: some more gas in the tank pretty quick. See ours 588 00:31:34,360 --> 00:31:36,520 Speaker 18: is not the first by a Georgia good government to 589 00:31:36,600 --> 00:31:40,800 Speaker 18: arise on the world stage. There have been several Rome, Spain, 590 00:31:40,960 --> 00:31:43,880 Speaker 18: and Greece and China, and each enjoyed about one hundred 591 00:31:43,920 --> 00:31:47,600 Speaker 18: and fifty years at its zenith, that's just about our 592 00:31:47,680 --> 00:31:52,160 Speaker 18: time in the New World. And then each decayed away. 593 00:31:53,240 --> 00:31:55,680 Speaker 18: Not one of them was ever destroyed by anybody else's 594 00:31:55,720 --> 00:32:01,360 Speaker 18: marching legions. Each rotted away morally, socially, culturally, economically simultaneously. 595 00:32:04,360 --> 00:32:06,880 Speaker 19: You know, one of the most cruel paradoxes of history 596 00:32:06,960 --> 00:32:10,360 Speaker 19: is this. Because each was a good government, it bore 597 00:32:10,440 --> 00:32:14,120 Speaker 19: bountiful fruit. When it bore bountiful fruit, the people got fat. 598 00:32:14,560 --> 00:32:16,280 Speaker 19: And when they got fat, they got lazy. 599 00:32:16,640 --> 00:32:18,760 Speaker 18: When they got lazy, they began to want to absolve 600 00:32:18,840 --> 00:32:21,680 Speaker 18: themselves of personal responsibility and turn over the government to 601 00:32:21,720 --> 00:32:25,400 Speaker 18: do for them things which traditionally they had been doing 602 00:32:25,480 --> 00:32:29,920 Speaker 18: for themselves. At first, there appears to be nothing wrong 603 00:32:30,040 --> 00:32:33,240 Speaker 18: asking government to perform some extra service for you. But 604 00:32:33,520 --> 00:32:36,400 Speaker 18: if you ask government for extra services, government, in order 605 00:32:36,440 --> 00:32:38,280 Speaker 18: to perform its increasing function, has to. 606 00:32:38,280 --> 00:32:39,040 Speaker 1: Get bigger, right. 607 00:32:40,160 --> 00:32:43,040 Speaker 18: And as government gets bigger, in order to support its 608 00:32:43,080 --> 00:32:46,560 Speaker 18: increasing size, it has to watch tax the individual more, 609 00:32:47,400 --> 00:32:50,680 Speaker 18: so the individual gets littler, and to collect the increased 610 00:32:50,760 --> 00:32:52,320 Speaker 18: taxes required more tax collectors. 611 00:32:52,360 --> 00:32:53,680 Speaker 2: So the government gets bigger. 612 00:32:53,400 --> 00:32:55,360 Speaker 18: In order to pay the additional tax collectors, it has 613 00:32:55,400 --> 00:32:57,600 Speaker 18: to tax the individual more. So the government gets bigger, 614 00:32:57,600 --> 00:33:00,720 Speaker 18: and the individual gets littler, and the government gets the 615 00:33:00,800 --> 00:33:05,280 Speaker 18: individual gets littler. Until the government is all power, the 616 00:33:05,360 --> 00:33:06,880 Speaker 18: individual is hardly anything at all. 617 00:33:07,680 --> 00:33:08,880 Speaker 1: The government is all power 618 00:33:08,920 --> 00:33:14,920 Speaker 2: For all the people are cadu Elvis has, thank you, 619 00:33:15,400 --> 00:33:16,160 Speaker 2: and good night.