@@anticom6099 what ideas? Raise taxes on corps back to what they were 6 years ago? 🙄 it’s funny, because these same people that claim to be “responsible” economists also happen to be the one’s that caused nearly every global market downturn over the past 200 years. Whenever the real economy recovers (not just the wealthy), it’s by doing the opposite of what they prescribe. It shouldn’t be surprising that they want to shape the economy in their interests, and at the expense of workers. $15+ trillion in bailouts over the past 15 years. Not a penny to bailout working people. Then people wonder why society today is unraveling
@@anticom6099 what ideas? Raise taxes on corps back to what they were 6 years ago? 🙄 it’s funny, because these same people that claim to be “responsible” economists also happen to be the one’s that caused nearly every global market down… over the past 200 years. Whenever the real economy recovers (not just for capital), it’s by doing the opposite of what they prescribe. It shouldn’t be surprising that they want to shape the economy in their interests, and at the expense of workers. $15+ trillion in bailouts over the past 15 years. Not a penny to bailout working people. Then people wonder why society today is unraveling
not exactly. Look everybody knows that govt's run on borrowed money. Ok. Taxation is important but barely 10-20% of govt. expenditure is met with taxes. I think a better argument will be made on the basis of corporate profits versus tax paid ratio. The real issue with capital gains is they are transient in nature. A stock price maybe 100 but it may fall to 70. Hence your tax projections will fluctuate widely. And no govt. can then plan its expenditure on the basis of such wide fluctuations. Secondly there is whole question of liquidity. If you start taxing unrealized gains those will have to go out of company's current profits. No matter how large a company paying taxes when you don't have the money is terribly challenging. I mean NVidia is trading at 100 PE or even more. How will the company pay or its shareholders pay taxes on its unrealized capital gains. Maybe you can put a nominal tax rate of say 1 or 2 % on the company's outstanding equity shares. But then will such a low rate really make a difference but a reasonable rate of taxation on unrealized capital gains is hard to achieve. If you really want to tax the wealthy you will really have to get them to the table. And then you will have probably devise a flexible system of taxation which is more voluntary. You cannot just impose a taxation on wealth because its not in your hand. Taxation works best on source and that is how it is collected. It cannot work on store unless the person who owns is willing to pay it. Which is why its crucial to get the wealthy who actual own the wealth to devise a strategy to tax stored wealth which is achievable.
Joe has guests on so he can constantly talk over the ones he disagrees with. Kind of pointless. Just admit you don't want any discussion and go work for Fox Business.
Joe is always so rude to guests he doesn't agree with! He's so temperamental and easily triggered. To keep him on air because he's smart is one things but he's obviously not!
Trump’s tariffs didn’t cause inflation last time 🤣, because China ate the cost. But the hosts all forgot that. They also can’t remember how little US GDP is dependent on trade.
No, China did not eat the cost. The American Importing companies pay the tariffs. Then they ( American owned Import companies) pass the tariff cost to the American buyer.
@williamwalton7562 sorry, tarrifs are paid by the consumer. Tarrifs are designed to reduce purchasing. If the items are not luxuries, then it adds to inflation . Basic economics 101
It’s past time to send Joe out to pasture. Let him write blog posts and enjoy his retirement and investments. Maybe he could talk about that, and himself, on his podcast. He is insufferable.
✨*Quien esté leyendo este comentario le deseo todo lo mejor en su vida. Que la luz llene su vida. Que Dios lo guíe a la prosperidad! A pesar de la crisis económica Imagínese pagar una deuda de $28,000. Que Dios bendiga a la señora Gladys S Alejandria, le estaré eternamente agradecida*.🇺🇸🇺🇸
Soy verdaderamente bendecida, solo Dios sabe cuánto lo alabo, ¡10.000 dólares cada semana! Ahora tengo una linda casa y puedo pagar cualquier cosa y también mantener a mi familia.
La verdad es que aquí pasa lo mismo, la lucha contra la pobreza se hace a través de la inversión, hoy he llegado a los 100.000. Estoy muy agradecida por todos los conocimientos y las perlas de información que me han brindado durante los últimos meses. Empecé con 30.000 en junio...
El Señor me debe estar hablando porque no es la primera vez que escucho hablar de esta mujer y su buen mundo de los negocios, pero no tengo idea de cómo llegar a ella.
Why would and intelligent voter keep voting for career politicians? Americans need to start voting for businessmen not DC insiders. All our problems have been caused but the swamp in DC
Intelligent voters don't vote intelligently. Politics elicits emotional behaviour. Which is why populism is so effective. The average person is malleable. Voter's vote emotionally every 4 years.
Plenty of voters don't trust business people either. Look at the fraud, deception, etc in the private sector. Not to mention it's often business people corrupting democracy by funding politicians to bend the law in their favor. I think it is far from obvious that electing business people is the answer.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️>>
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Evelyn Manson, restored hope shes a good woman
The one thing that is working this election, is each candidate is responding to the policy proposal of the other in their attempt to appeal to voters. If they want to get into a bidding war to determine how high the child tax credit is or how much they can reduce middle class tax burden, I'm here for it.
Trump's plan is about giving more to launch the inflection of the bottom landing.. Harris's is about taking more to cover the short in entitlement and defense. Very transparent choices.
you were trapped in the house over covid and eveything was shut down. LOW DEMAND LOW DEMAN LOW DEMAND> OMFG why is this simple thing invisible to americans ?
that is the plan. tariffs on all consumer goods, so the billionaires and multimiliionaries don't have to pay more taxes. it pushes the tax burden on every single person in the usa. as Trump said, "tariffs will pay down the U.S debt"
@@jaehparrk No but I understand basic economics such as tariffs making great depression significantly worse in the 1930s. They are terrible economic policy and should only be used in cases such as clear dumping etc
Energy is what drives the economy...Energy is EVERYTHING!!!...and you got Bozo Biden shutting down pipelines and importing oil from Venezuela.....drill baby drill is EXACTLY what we need
Neither has spoken clearly enough to reducing federal debt....Harris is getting closer to reality and Trump is really and truly confused and disoriented.
Joe is one of those Republicans who hasn't figured out that... the time has come to remove the MAGA scourge. VOTE BLUE 2024 no matter what. 💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲
Trump just floated the largest pie in the sky I have ever heard of, from an an ex-president or a sitting president. It shouldn't, but his craziness always shocks me.
The government is funded by taxes and fees. Cutting taxes for personal or corporate increases debt which increases interest on debt. Aka working less increases net income. Neither make “cents”.
The wealthy pay over 50% of the US tax burden today. There are about 600 billionaires is the US. A higher tax on the wealthy won’t be enough to meet government spending. We will have to cut spending and eliminate entire departments of the government. Cut spending lower taxes is the path to sanity then use tariffs to pick up the slack. This has to be a 10-20 year plan to justify the cost to move production back to the US
CNBC host trying to tell the working class trickle down economic works while everyone at the bottom is getting crush and have to work mutiple jobs ALONG with government assistance to SURVIVE (not even live) (4:40) is tone deaf.
@@wayneenterprise463 You're economically illiterate. It's always those people babbling about trickle down economics, which basically means any policy that reduces taxes.
I'm not well versed on the topic but, it seems to me that he's instituting the 200% tariff to prevent the expansion of Chinese vehicle manufacturing. If consumers don't purchase the vehicles due to this tax why would this be considered inflationary?
@@femiotitoju2586 Great point very insightful I didn't even consider that. I guess it's a double edged sword, because I would imagine the bulk of the price differential is associated with the labor cost. Therefore American companies would naturally have a disadvantage to foreign manufacturers.
What republicans need to do is vote for Harris and take our party back. Than republicans can run 2028 and get someone real good to run republican and win.
Sabi ko sa inyo pag money ang nag salita no case kasi yan ang tungkulin nito. Sinira ninyo kami nang buo at pinahirapan walang kapatawaran yan government worldwide
Appreciate the detailed breakdown! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Elizabeth Pancotti surely knows that the tax on tips is not clear to those who are not in the restaurant business. The difference between the minimum wage for servers and the minimum wage set by each state varies from state to state. With more tips paid on Credit Cards, workers are less able to manipulate their reported income as they might do with cash tips. But here's the thing, if a server doesn't report enough in tips to where the restaurant has to make up the difference, they won't be working there for very long. So this tips issue is not a vote getting strategy other than sentiment. And certainly not a big cost to the Federal Government. It does, of course, affect Social Security and Medicare tax on both employee and employer, which is a separate issue.
Wait, so Trump's questions at the Economic club were told to him in advance and he still gave answers like this (to a question about how to make childcare more affordable): "Well, I would do that and we're sitting down, you know, I was, somebody, we had Senator Marco Rubio and my daughter, Ivanka was sooo..uh..impactful on that issue. It's very important issue… But I think when you talk about the kind of numbers that I'm talking about, that, because, the child care is, child care is ..couldn't, you know, there's something you'd have to have it in this country, you have to have it. uh but when you talk about those numbers compared to the kind of numbers that I'm talking about by taxing foreign nations at levels that..they're not used to but they'll get used to it very quickly. And it's not gonna stop them from doing business with us, but they'll have a very substantial tax when they send product into our Country. Those numbers are so much bigger than any numbers we're talking about including child care...that it's gonna take care. We're gonna have. I look forward to having no deficits within a fairly short period of time. Coupled with the reductions that I told you about on waste and fraud and all the other things that are going on in our Country. Because I have to stay with child care..I wanna stay with child care but those numbers are small relative to the kind of economic numbers that I'm talking about INCLUDING growth..but growth also headed up by what the plan is that I just..uhh..that I just told you about, we're gonna-bee takin in trillions of dollars. And as much as child care..uhh..is talked about as being expensive, it's relatively speaking not very expensive compared to the kinda of numbers we'll be taking in. We're gonna make this into.....an incredible Country that can afford to take care of it's people..and then we'll worry about the rest of the World..let's help other people. But we're gonna take care of our Country first, this is about America first, is about Make..America..Great..Again..We have to do it because right now we're a failing Nation..so we'll take care of it. Thank you." And people weren't allowed to push back on it?
Trump really doesn't understand basic economic rules at all. Trump keeps raising tariffs on imported goods, but Trump does not understand that there are goods that do not need to be produced in the US because wages are high in the US compared to developed countries. If Trump continues to impose high taxes on these goods, the people affected will be the American people and these countries pay cheap labor but they sell them to the American people at high prices, the biggest beneficiaries will be the owners of these products. production workshop. Not to mention, American-made goods imported into this country will be taxed high because they will pay back the US. American goods have high prices and high taxes in the above countries, so people in those countries will not buy American goods, they will turn to buy goods from other countries. At this time, the US will not be able to sell and inventories will drag down the economy and increase inflation. Factories closed, unemployment rates increased, .... I really don't understand MAGA saying Trump is good at economics but Trump doesn't understand this basic thing. The above is one of the many problems if Trump continues to insist on raising high taxes on imported goods.
@@brianwhite1189 What data is that? The incredible economy we had until the scam lockdown that was pretty much entirely forced by blue state Governors. What a scam so they could have talking points like the one you're trying to make. Sure. Inflation was caused by Biden. 100%
Summary: PWBM projects the House Ways and Means Committee proposal to temporarily extend the 2021 Child Tax Credit design would provide an average 2022 refundable tax cut of $2,785 to 78 percent of households with children at a budgetary cost of $545 billion over the 10-year budget window. Changes to phase-out and phase-in thresholds would reduce the budgetary cost but also reduce the size of the tax cuts. Key Points PWBM projects the House Ways and Means Committee proposal to temporarily extend the 2021 Child Tax Credit design would cost $545 billion. In 2022, 78 percent of households with children would see a tax cut under the proposal, with an average tax reduction of $2,785. Lowering the proposed phase-out threshold from $112,500 to $45,000 for most single parents would lower the proposal’s budgetary cost to $463 billion, a decrease of $82 billion over 10 years. Under this design, 74 percent of households with children would benefit. The House CTC bill raises the average effective marginal tax rate for low-income single parents making less than $10,000. Phasing in the credit at a rate of 15 cents per dollar of earnings would fully offset this marginal tax rate hike but would also reduce the average tax cut for the bottom quintile from $3,765 to $540 in 2022. With that phase-in, this proposal would cost $315 billion over the budget window. Expanding the Child Tax Credit: Budgetary, Distributional, and Incentive Effects
How to meet a spending plan: if you remember DJT has committed having Elon review department spending and cutting departments potentially. It’s something we’ve all wondered why when government asks for higher taxes but never talk about audits on spending. You’ve been around this crap for some time and it’s hard to imagine you’re only listening to one thing at a time. Elon: audit and spending cuts = tax reduction and tariffs to pick up the slack. Like the department of education and the IRS and potentially other tax sucking departments, closed and defunded. If you can’t lay people off you have to defund the entire department (Vivek S said it best) A company on the verge of bankruptcy hires a new CEO that can fix it to sell or fix it to make money again. The USA brand has a lot of supporters
When made in America will become cheaper for AMERICNAS that's great stuff. Increase terriff so Americans industry will get mega boost. Look at Indian market in last 4 years, since COVID their market has literally more then doubled as they are taking away market share from China with their made in india industry boost. Look at their share market. TRUMP got great well TESTED IDEAS. There are tons of billionaires in America that will open industry ASAP when trump gets in office
@@jaehparrk BS. You do realise the cost of production is much lower in many places around the world. And even if American companies decided to produce the goods it would take along while to ramp production and even then the consumer will be paying a higher price than what they originally paid. This is real basic.
When you were a waitress what was the cost of living then? If you were making $8 and hr plus tips do you think you would be making $25,000 or $30,000 a year? What’s that buy you today? That is breaking even without anything needed to be repaired or medical challenges. That example would be in the Midwest
2023’s Biggest Subsidy Packages January 4, 2024 At least 16 states gave away deals worth $50 million or more Last year, we added 23 new megadeals across 16 states to Subsidy Tracker, our database that captures state and local economic development incentives from across the country. That means companies got at least $50 million of the public’s money for a single project. Among our findings: Ford got the biggest deal in Michigan - $1.7 billion for its new electric vehicle plant in Marshall. Electric vehicle and electric vehicle battery production was the most heavily subsidized industry in 2023, just as it was in 2022,with automakers Ford, General Motors, and Volkswagen taking the biggest packages. 16 states committed $10.7 billion of the public’s money to companies including Amazon (for five new data centers in Oregon), Tesla (to expand its previously subsidized Nevada facility) and Vornado Realty Trust (whose top executives just got $6.4 million in holiday bonuses). The average per-job subsidy was $262,800.
Tarriff equals tax if you dod not catch that... and the bigger the tax the bigger the final cost. Protectionism is anti capitalist, we need to compete by better products not make one cost more so you always go for the cheaper.
Trump 2024. It may be painful but we need to bring Jobs back to America. America first before anything else. I pay higher price for my jeans because everything is produced in America with American labor. I would pay more for more things if that's OK.
@@ryanoleary392 So you agree we need to tax the companies that leave America to use slave labor and manufacture goods we consume. Make it not profitable to make products without American labor. Glad we agree no more global economy bring manufacturing jobs back to America and employee Americans.
If governments removed explicit subsidies and imposed corrective taxes, fuel prices would increase. This would lead firms and households to consider environmental costs when making consumption and investment decisions. The result would be cutting global carbon-dioxide emissions significantly, cleaner air, less lung and heart disease, and more fiscal space for governments. We estimate that scrapping explicit and implicit fossil-fuel subsidies would prevent 1.6 million premature deaths annually, raise government revenues by $4.4 trillion, and put emissions on track toward reaching global warming targets. It would also redistribute income as fuel subsidies benefit rich households more than poor ones.
The wealthy pay over 50% of the US tax burden today. There are about 600 billionaires is the US. A higher tax on the wealthy won’t be enough to meet government spending. We will have to cut spending and eliminate entire departments of the government. Cut spending lower taxes is the path to sanity then use tariffs to pick up the slack. This has to be a 10-20 year plan to justify the cost to move production back to the US
![Lil Uzi Vert - Chill Bae [Official Music Video]](http://i.ytimg.com/vi/D7F42F_JM3U/mqdefault.jpg)
The lady has no clue where the government gets tax income from.
Joe being Joe, and today even more rude to a guest than usual.
Her ignorance of economics was far more offensive than anything Joe could’ve ever said
@@anticom6099nothing she said was inaccurate. Actually she didn’t go far enough.
@@xx133 the ideas she’s promoting would crash the economy.
@@anticom6099 what ideas? Raise taxes on corps back to what they were 6 years ago? 🙄 it’s funny, because these same people that claim to be “responsible” economists also happen to be the one’s that caused nearly every global market downturn over the past 200 years. Whenever the real economy recovers (not just the wealthy), it’s by doing the opposite of what they prescribe. It shouldn’t be surprising that they want to shape the economy in their interests, and at the expense of workers. $15+ trillion in bailouts over the past 15 years. Not a penny to bailout working people. Then people wonder why society today is unraveling
@@anticom6099 what ideas? Raise taxes on corps back to what they were 6 years ago? 🙄 it’s funny, because these same people that claim to be “responsible” economists also happen to be the one’s that caused nearly every global market down… over the past 200 years. Whenever the real economy recovers (not just for capital), it’s by doing the opposite of what they prescribe. It shouldn’t be surprising that they want to shape the economy in their interests, and at the expense of workers. $15+ trillion in bailouts over the past 15 years. Not a penny to bailout working people. Then people wonder why society today is unraveling
Let's have a show of hands. Raise your hand if you've ever heard a liberal say "Before we raise taxes, let's see if we can cut expenses first."
Joe may have interrupted her a bunch, but what she was saying was total nonsense, and he was calling her out for it.
not exactly. Look everybody knows that govt's run on borrowed money. Ok. Taxation is important but barely 10-20% of govt. expenditure is met with taxes. I think a better argument will be made on the basis of corporate profits versus tax paid ratio. The real issue with capital gains is they are transient in nature. A stock price maybe 100 but it may fall to 70. Hence your tax projections will fluctuate widely. And no govt. can then plan its expenditure on the basis of such wide fluctuations. Secondly there is whole question of liquidity. If you start taxing unrealized gains those will have to go out of company's current profits. No matter how large a company paying taxes when you don't have the money is terribly challenging. I mean NVidia is trading at 100 PE or even more. How will the company pay or its shareholders pay taxes on its unrealized capital gains.
Maybe you can put a nominal tax rate of say 1 or 2 % on the company's outstanding equity shares. But then will such a low rate really make a difference but a reasonable rate of taxation on unrealized capital gains is hard to achieve.
If you really want to tax the wealthy you will really have to get them to the table. And then you will have probably devise a flexible system of taxation which is more voluntary. You cannot just impose a taxation on wealth because its not in your hand. Taxation works best on source and that is how it is collected. It cannot work on store unless the person who owns is willing to pay it. Which is why its crucial to get the wealthy who actual own the wealth to devise a strategy to tax stored wealth which is achievable.
Taxing unrealized gains is the dumbest idea EVER!!!
It made me feels like they don’t even understand how the stock market works!
If that's not the answer. Would you agree that borrowing money on capital gains needs to be stopped.
They understand, they just want the economy to crash so they can paint themselves as the saviors and then make everyone dependent on them.
@@HennyHenduNo, just make it too expensive to make sense (raise interest rates to 15%+)
@@ryanoleary392 until those people just leave the country.
Why is this woman on the show without understanding basic economics.
You mean the host?
@@Omega---13 no the guest who is clearly npc
@@Omega---13the hot chick with glasses
Because she has the exact mindset of the progressive wing of the Democratic Party.
Clearly she's a democrat . None of them understand economics.
Joe has guests on so he can constantly talk over the ones he disagrees with. Kind of pointless. Just admit you don't want any discussion and go work for Fox Business.
Yea, what a biased and rude interviewer
Joe is so obnoxious. Let the guest talk.
Aleays speaking over in a very unmannered way. He belongs to a pub not a financial news channel
Because she is a socialist with a pretty face that knows nothing about
I think he's a drunk...he is ridiculous!!! And clearly biased!
It would really be better for her if she said less.
@justanthony23 he performed a valuable service for the world by calling her out.
Joe is always so rude to guests he doesn't agree with! He's so temperamental and easily triggered. To keep him on air because he's smart is one things but he's obviously not!
That’s because they get a bunch of woke clowns that come on the show. Joe is the only good guy.
@@SurfsFlatTrader did mean the only RUDE guy?
@@SurfsFlatTraderso he gets to be rude because he’s a good guy. I’m confused.
You’re mad about “rudeness” but are fine with complete economic illiteracy. Sad
@@wusup9988 only to socialists he despises
Trump’s tariffs didn’t cause inflation last time 🤣, because China ate the cost.
But the hosts all forgot that. They also can’t remember how little US GDP is dependent on trade.
Nonsense. Covid was deflationary.
No, China did not eat the cost. The American Importing companies pay the tariffs. Then they ( American owned Import companies) pass the tariff cost to the American buyer.
@@williamwalton7562 That and for items where tarrifs were exceedingly high (like Chinese EVs), they just weren't imported at all.
Trump polices are either always lies or screw things up.
@williamwalton7562 sorry, tarrifs are paid by the consumer. Tarrifs are designed to reduce purchasing. If the items are not luxuries, then it adds to inflation . Basic economics 101
It’s past time to send Joe out to pasture. Let him write blog posts and enjoy his retirement and investments. Maybe he could talk about that, and himself, on his podcast. He is insufferable.
Glad Becky is calling out the no tax on tips nonsense.
Trump for the peace in the world. Trump2024
MAGA
Expect there were still wars when trump was in power you just didn’t hear about them!
@@akouakangha805 like the Ukraine war, or the Israel-Palestine conflict?
✨*Quien esté leyendo este comentario le deseo todo lo mejor en su vida. Que la luz llene su vida. Que Dios lo guíe a la prosperidad! A pesar de la crisis económica Imagínese pagar una deuda de $28,000. Que Dios bendiga a la señora Gladys S Alejandria, le estaré eternamente agradecida*.🇺🇸🇺🇸
Soy verdaderamente bendecida, solo Dios sabe cuánto lo alabo, ¡10.000 dólares cada semana! Ahora tengo una linda casa y puedo pagar cualquier cosa y también mantener a mi familia.
La verdad es que aquí pasa lo mismo, la lucha contra la pobreza se hace a través de la inversión, hoy he llegado a los 100.000. Estoy muy agradecida por todos los conocimientos y las perlas de información que me han brindado durante los últimos meses. Empecé con 30.000 en junio...
El Señor me debe estar hablando porque no es la primera vez que escucho hablar de esta mujer y su buen mundo de los negocios, pero no tengo idea de cómo llegar a ella.
Por favor como puedo comunicarme con la señorita Gladys S Alejandria???
Su numero abajo
🇺🇲👇👇
Joe brings CNBC down. Get him off of here. He’s so biased. Ugggh.
As soon as he starts talking, I turn it off.
He seems like a drunk...HE ALWAYS INTERRUPTS PPL!!!
😂
MAGA Joe😂 I bet he wears one of this red hats😂😂
Yes, you seem completely objective
Tariff = Higher price. No one cannot afford American-made products. RAM trucks cost 100k, yeah go ahead
Because you American what to have your cake and eat it. Union wants 200k minimum wage, and you complain about American products been too expensive
Why would and intelligent voter keep voting for career politicians? Americans need to start voting for businessmen not DC insiders. All our problems have been caused but the swamp in DC
I have been saying this for years. It should be mandatory. Unfortunately, people vote for their team no matter what.
Intelligent voters don't vote intelligently. Politics elicits emotional behaviour. Which is why populism is so effective. The average person is malleable. Voter's vote emotionally every 4 years.
Plenty of voters don't trust business people either. Look at the fraud, deception, etc in the private sector. Not to mention it's often business people corrupting democracy by funding politicians to bend the law in their favor. I think it is far from obvious that electing business people is the answer.
Do you consider Trump a good businessman? 😂have u bought one of his made-in-china sneakers? 🤣🤣
Why does that male anchor keep on interrupting the woman guest and not the male guest?
Because one was making sense and the other was lying through her teeth
Because he doesn’t agree with her
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️>>
How please?
All I do is simple I just activate my account to copy trades from Evelyn Manson and that's all
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Evelyn Manson, restored hope shes a good woman
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit.
The one thing that is working this election, is each candidate is responding to the policy proposal of the other in their attempt to appeal to voters. If they want to get into a bidding war to determine how high the child tax credit is or how much they can reduce middle class tax burden, I'm here for it.
Trump's plan is about giving more to launch the inflection of the bottom landing.. Harris's is about taking more to cover the short in entitlement and defense. Very transparent choices.
Harris will beat our economy with a club!
This is why we are 35 trillion in debt. 2 bad candidates from 2 bad parties each buying votes.
The professor knows what he is talking about.
Trump is crazy....
He was v rude dismissing the fact that thriving companies give rich company heads giant payoffs when their earnings are up. She made a good point.
Things were better under Trump. Everyone had more money and affordability.
In what universe did you live 😂😂😂😂
I was worse off in TP alone😂😂
you were trapped in the house over covid and eveything was shut down. LOW DEMAND LOW DEMAN LOW DEMAND> OMFG why is this simple thing invisible to americans ?
@@teebone2157 so covid was happening thru his whole four years? How hard is it for you to understand?
The emotional left will never admit that, despite knowing that it’s true.
Reservation grocery prices are up and unaffordable.
The 20o% tax wasnt a tariff- it was a punishment- its called LEVERAGE. To get them to concede on some other fees.
Get a grip lady
It's a proven fact that 50+% of revenue is currently from small business.
Tariffs are dumb. They are a sales tax and are paid for by normal people
that is the plan. tariffs on all consumer goods, so the billionaires and multimiliionaries don't have to pay more taxes. it pushes the tax burden on every single person in the usa. as Trump said, "tariffs will pay down the U.S debt"
is that you xi?
@@jaehparrk No but I understand basic economics such as tariffs making great depression significantly worse in the 1930s. They are terrible economic policy and should only be used in cases such as clear dumping etc
@@keiththoma2559 hellloooo xi! your economy failin gdp declining unemployment risin. free world always wins!
All countries have traffic on the US
Who is going to build the WALL!
Trump’s answer to everything is more drilling and tariffs. 😂😂😂 Childcare? Drill. Abortion? Tariffs. Immigration? More drilling.
😂😂😂
Such a shame democrats are so uneducated on economic strategies. Actually, just so uneducated in general.
Trump is better.
Trump is smarter
Trump had the economy booming and our interest rates were low.
Plus he is smarter than a 5th grader
Energy is what drives the economy...Energy is EVERYTHING!!!...and you got Bozo Biden shutting down pipelines and importing oil from Venezuela.....drill baby drill is EXACTLY what we need
@@vantee6914 if it isn’t broke, don’t fix it. The Democrat approach is to fix the whole economy and fund new wars
Joe's a MAGA.
Trumps says childcare is childcare!!! 🤣🤣🤣🤣. This guy can only shout.
Neither has spoken clearly enough to reducing federal debt....Harris is getting closer to reality and Trump is really and truly confused and disoriented.
Joe is one of those Republicans who hasn't figured out that... the time has come to remove the MAGA scourge. VOTE BLUE 2024 no matter what.
💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲💙🇺🇲
Nah, I’m good.
Joe should not be on TV cause he doesn’t like when people have different points of view
Joe has got to go, what a rambling old bag
She is so smart... It's a simple ❓
You can optimize corporate taxes. Especially big corporations. Small businesses will have harder time
Trump just floated the largest pie in the sky I have ever heard of, from an an ex-president or a sitting president. It shouldn't, but his craziness always shocks me.
Trump 2024
Can you guys actually have an adult conversation where you let each other speak and not butt in and interrupt each other every second?
The government is funded by taxes and fees. Cutting taxes for personal or corporate increases debt which increases interest on debt. Aka working less increases net income. Neither make “cents”.
I want to see Elons efficiency board at work!
She a 🤡
So is Joe
@@michaelc1063at least Joe makes sense.
How many of his companies he owned when bankrupt?
Perry much all
How many billions is he worth? What's your net worth?
About 3 or 4 out of 100!
@@usntheboy1 thanks to daddy’s money. Otherwise he’d be worth jack squat
@@MobBarley00 Not his fault your daddy is broke
The wealthy pay over 50% of the US tax burden today. There are about 600 billionaires is the US.
A higher tax on the wealthy won’t be enough to meet government spending.
We will have to cut spending and eliminate entire departments of the government.
Cut spending lower taxes is the path to sanity then use tariffs to pick up the slack.
This has to be a 10-20 year plan to justify the cost to move production back to the US
Shes in a room cramming for an economics final. 😂
Core JD Vance/Trump Policy - Making up the Craziest lies you have ever heard*
He's really a horrible interviewer, shockingly bad. Never gets better, he thinks he's answering his own questions
CNBC host trying to tell the working class trickle down economic works while everyone at the bottom is getting crush and have to work mutiple jobs ALONG with government assistance to SURVIVE (not even live) (4:40) is tone deaf.
@@wayneenterprise463 You're economically illiterate. It's always those people babbling about trickle down economics, which basically means any policy that reduces taxes.
@@MichaelDamianPHD Ok economist tell me more. Tell me something that is practical instead of theories that does not hold true.
I'm not well versed on the topic but, it seems to me that he's instituting the 200% tariff to prevent the expansion of Chinese vehicle manufacturing. If consumers don't purchase the vehicles due to this tax why would this be considered inflationary?
Because Chinese made products are typically cheaper than American made. Hence, consumers will be forced to buy the more expensive product
@@femiotitoju2586 Great point very insightful I didn't even consider that. I guess it's a double edged sword, because I would imagine the bulk of the price differential is associated with the labor cost. Therefore American companies would naturally have a disadvantage to foreign manufacturers.
She is not SMART!
Yup! Tariffs make the rich richer, and the poor folks pay for them.
Both of there taxes policies are ridiculous.
Companys dont have profits they close , they close people lose jobs, then it goes down hill, vote dems out they have done enough
What republicans need to do is vote for Harris and take our party back. Than republicans can run 2028 and get someone real good to run republican and win.
Do I hear 50 trillion . No, 60 trillion !
Let’s go 100. Aim big
Sabi ko sa inyo pag money ang nag salita no case kasi yan ang tungkulin nito. Sinira ninyo kami nang buo at pinahirapan walang kapatawaran yan government worldwide
I would like Harris to explain "Grow the economy from the bottom up and the middle out" I get the middle out. That just means no middle class
Appreciate the detailed breakdown! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Lots of gaslighting 😢
By that woman
Elizabeth Pancotti is from the Bernie branch enough said...
Holistic approach...LOL
Elizabeth Pancotti surely knows that the tax on tips is not clear to those who are not in the restaurant business. The difference between the minimum wage for servers and the minimum wage set by each state varies from state to state. With more tips paid on Credit Cards, workers are less able to manipulate their reported income as they might do with cash tips. But here's the thing, if a server doesn't report enough in tips to where the restaurant has to make up the difference, they won't be working there for very long. So this tips issue is not a vote getting strategy other than sentiment. And certainly not a big cost to the Federal Government. It does, of course, affect Social Security and Medicare tax on both employee and employer, which is a separate issue.
Biden kept the tariffs.
Wait, so Trump's questions at the Economic club were told to him in advance and he still gave answers like this (to a question about how to make childcare more affordable):
"Well, I would do that and we're sitting down, you know, I was, somebody, we had Senator Marco Rubio and my daughter, Ivanka was sooo..uh..impactful on that issue. It's very important issue… But I think when you talk about the kind of numbers that I'm talking about, that, because, the child care is, child care is ..couldn't, you know, there's something you'd have to have it in this country, you have to have it. uh but when you talk about those numbers compared to the kind of numbers that I'm talking about by taxing foreign nations at levels that..they're not used to but they'll get used to it very quickly. And it's not gonna stop them from doing business with us, but they'll have a very substantial tax when they send product into our Country. Those numbers are so much bigger than any numbers we're talking about including child care...that it's gonna take care. We're gonna have. I look forward to having no deficits within a fairly short period of time. Coupled with the reductions that I told you about on waste and fraud and all the other things that are going on in our Country. Because I have to stay with child care..I wanna stay with child care but those numbers are small relative to the kind of economic numbers that I'm talking about INCLUDING growth..but growth also headed up by what the plan is that I just..uhh..that I just told you about, we're gonna-bee takin in trillions of dollars. And as much as child care..uhh..is talked about as being expensive, it's relatively speaking not very expensive compared to the kinda of numbers we'll be taking in. We're gonna make this into.....an incredible Country that can afford to take care of it's people..and then we'll worry about the rest of the World..let's help other people. But we're gonna take care of our Country first, this is about America first, is about Make..America..Great..Again..We have to do it because right now we're a failing Nation..so we'll take care of it. Thank you."
And people weren't allowed to push back on it?
JOE @ 4:30 GREAT job!!!!
Talk is cheap! Where is the details. All he does as vomit words.
*she
Trump really doesn't understand basic economic rules at all. Trump keeps raising tariffs on imported goods, but Trump does not understand that there are goods that do not need to be produced in the US because wages are high in the US compared to developed countries. If Trump continues to impose high taxes on these goods, the people affected will be the American people and these countries pay cheap labor but they sell them to the American people at high prices, the biggest beneficiaries will be the owners of these products. production workshop. Not to mention, American-made goods imported into this country will be taxed high because they will pay back the US. American goods have high prices and high taxes in the above countries, so people in those countries will not buy American goods, they will turn to buy goods from other countries. At this time, the US will not be able to sell and inventories will drag down the economy and increase inflation. Factories closed, unemployment rates increased, .... I really don't understand MAGA saying Trump is good at economics but Trump doesn't understand this basic thing. The above is one of the many problems if Trump continues to insist on raising high taxes on imported goods.
Trump unlike Harris has a great track record. I'll take a Trump economy any day thanks.
Not if you look at the data and listen to anyone other than Trump.
@@brianwhite1189 What data is that? The incredible economy we had until the scam lockdown that was pretty much entirely forced by blue state Governors. What a scam so they could have talking points like the one you're trying to make. Sure. Inflation was caused by Biden. 100%
lol. Track record of failing businesses.
He did all this already don't act like it's not been done before.
These are not economist. These are opinionist.
Summary: PWBM projects the House Ways and Means Committee proposal to temporarily extend the 2021 Child Tax Credit design would provide an average 2022 refundable tax cut of $2,785 to 78 percent of households with children at a budgetary cost of $545 billion over the 10-year budget window. Changes to phase-out and phase-in thresholds would reduce the budgetary cost but also reduce the size of the tax cuts.
Key Points
PWBM projects the House Ways and Means Committee proposal to temporarily extend the 2021 Child Tax Credit design would cost $545 billion. In 2022, 78 percent of households with children would see a tax cut under the proposal, with an average tax reduction of $2,785.
Lowering the proposed phase-out threshold from $112,500 to $45,000 for most single parents would lower the proposal’s budgetary cost to $463 billion, a decrease of $82 billion over 10 years. Under this design, 74 percent of households with children would benefit.
The House CTC bill raises the average effective marginal tax rate for low-income single parents making less than $10,000. Phasing in the credit at a rate of 15 cents per dollar of earnings would fully offset this marginal tax rate hike but would also reduce the average tax cut for the bottom quintile from $3,765 to $540 in 2022. With that phase-in, this proposal would cost $315 billion over the budget window.
Expanding the Child Tax Credit: Budgetary, Distributional, and Incentive Effects
How to meet a spending plan: if you remember DJT has committed having Elon review department spending and cutting departments potentially. It’s something we’ve all wondered why when government asks for higher taxes but never talk about audits on spending.
You’ve been around this crap for some time and it’s hard to imagine you’re only listening to one thing at a time.
Elon: audit and spending cuts = tax reduction and tariffs to pick up the slack.
Like the department of education and the IRS and potentially other tax sucking departments, closed and defunded.
If you can’t lay people off you have to defund the entire department (Vivek S said it best)
A company on the verge of bankruptcy hires a new CEO that can fix it to sell or fix it to make money again.
The USA brand has a lot of supporters
Tariffs will raise inflation. End of story.
Great job Becky.
wrong. american products will be cheaper than products of overseae
When made in America will become cheaper for AMERICNAS that's great stuff. Increase terriff so Americans industry will get mega boost. Look at Indian market in last 4 years, since COVID their market has literally more then doubled as they are taking away market share from China with their made in india industry boost. Look at their share market. TRUMP got great well TESTED IDEAS. There are tons of billionaires in America that will open industry ASAP when trump gets in office
@@jaehparrk So the price rises to how much it takes for Americans to make it. There is a reason they are being made elsewhere.
@@jaehparrk BS. You do realise the cost of production is much lower in many places around the world. And even if American companies decided to produce the goods it would take along while to ramp production and even then the consumer will be paying a higher price than what they originally paid. This is real basic.
No it won't for the USA, it won't get passed on
When you were a waitress what was the cost of living then? If you were making $8 and hr plus tips do you think you would be making $25,000 or $30,000 a year?
What’s that buy you today? That is breaking even without anything needed to be repaired or medical challenges.
That example would be in the Midwest
🤣🤣 lets go Joe 🤣 speak your mind
"Empty your wallets and purses. This is a robbery!"
Tax the homeless lots of homeless in America. Panhandle tax😅
The private sector jobs are the offset
Why are you exasperated now about the debt . Where has the concern been for the past 4 years ?
She didn't generate her own opinion therefore didnt know how to reply properly. If someone isnt genuine its transparent.
2023’s Biggest Subsidy Packages
January 4, 2024
At least 16 states gave away deals worth $50 million or more
Last year, we added 23 new megadeals across 16 states to Subsidy Tracker, our database that captures state and local economic development incentives from across the country. That means companies got at least $50 million of the public’s money for a single project.
Among our findings:
Ford got the biggest deal in Michigan - $1.7 billion for its new electric vehicle plant in Marshall.
Electric vehicle and electric vehicle battery production was the most heavily subsidized industry in 2023, just as it was in 2022,with automakers Ford, General Motors, and Volkswagen taking the biggest packages.
16 states committed $10.7 billion of the public’s money to companies including Amazon (for five new data centers in Oregon), Tesla (to expand its previously subsidized Nevada facility) and Vornado Realty Trust (whose top executives just got $6.4 million in holiday bonuses).
The average per-job subsidy was $262,800.
Kamalla not gonna do anything.
Who does she work for ?
Mainstream media propaganda networks he said if China builds a EV plant in Mexico & try to ship free to the US
Tarriff equals tax if you dod not catch that... and the bigger the tax the bigger the final cost. Protectionism is anti capitalist, we need to compete by better products not make one cost more so you always go for the cheaper.
Trump 2024. It may be painful but we need to bring Jobs back to America. America first before anything else. I pay higher price for my jeans because everything is produced in America with American labor. I would pay more for more things if that's OK.
@@ryanoleary392 So you agree we need to tax the companies that leave America to use slave labor and manufacture goods we consume. Make it not profitable to make products without American labor. Glad we agree no more global economy bring manufacturing jobs back to America and employee Americans.
Elizabeth is a bit slow.
Give the people what they want. democrats want higher taxes so tax democrats higher than Independents and Republicans.
✍️🏾 Trump/Kennedy/Vance 🎉
He won’t spend as much on war.
BS
Smart tariffs 😂. Nonsense.
is that you kamala
A smart tariff is like a smart trump. Doesn’t exist.
If governments removed explicit subsidies and imposed corrective taxes, fuel prices would increase. This would lead firms and households to consider environmental costs when making consumption and investment decisions. The result would be cutting global carbon-dioxide emissions significantly, cleaner air, less lung and heart disease, and more fiscal space for governments.
We estimate that scrapping explicit and implicit fossil-fuel subsidies would prevent 1.6 million premature deaths annually, raise government revenues by $4.4 trillion, and put emissions on track toward reaching global warming targets. It would also redistribute income as fuel subsidies benefit rich households more than poor ones.
Elizabeth Pancotti is obviously biased and apparently very uninformed 😐😑
Great job Joe!
Joe obviously biased. Great job Becky.
The wealthy pay over 50% of the US tax burden today. There are about 600 billionaires is the US.
A higher tax on the wealthy won’t be enough to meet government spending.
We will have to cut spending and eliminate entire departments of the government.
Cut spending lower taxes is the path to sanity then use tariffs to pick up the slack.
This has to be a 10-20 year plan to justify the cost to move production back to the US
Trump 2024
Trump 2024