@TobyMathis, you are using a clipboard to read your lecture, yet even with it, you kept forgetting which point you were on. For the viewers' convenience, however, you’re not displaying any key points on the screen. All we see is your "beautiful" face while we listen to your lecture and try to remember and memorize everything you say! Moreover, your understanding of tariffs and your fear of a "tariff war" and inflation seem quite flawed. Prices are not absolute numbers; they are relative. For example, if you are poor, a $10 price tag might be too high and unaffordable. On the other hand, if you’re wealthy, even $1,000 might feel cheap. In the U.S., even a poor citizen can afford a $15 lunch, but in many developing countries (which you worry about in the so-called "tariff war"), $15 could be an entire week's expense, which is unaffordable for most. The important issue is understanding how to increase earnings: 1- Lower taxes, 2- Create decent local jobs, 3- Boost local production and manufacturing. Tariffs are a tool for achieving these goals. If you’re concerned about a tariff war, you should also consider who is better positioned to win such a war: a country where even a single person can spend $15 on one meal, or those where $15 is a week's worth of expenses for an entire family?
I don't like taxes purely for 1 reason, the government makes you calculate your own tax and penalises heavily for doing it wrong. I have no issues paying taxes as a US citizen, however I hate that I have to do the paperwork when the government already has all the info they need. Always struck me as odd.
I don't regret the numerous financial mistakes I've made in the past since I've learnt from them. But the biggest one was planning my finances without consulting with a licensed financial counsel.
No they do that because if you lie and it's not matching up to what they have they will still process the refund and send it to you they will wait for a couple years till interest builds up and send you a bill plus the original amount you would owe them that's how the screw people a tax lady told me that plus I was in similar situation last year
Question: What about property taxes, Is that going to change? A person can’t build a building without paying taxes on it yearly. It’s literally like you don’t own it due to the tax.
Tips can be tract in card payments, and all cash will be void from tax. It's not that difficult for businesses to disclose tips from card payments because they are already being done. IRS will just have to not include tips as income. That's how the tips can be avoided from income tax. I worked as an auditor, and that's why I know that it can be easily done.
A long time ago you could write off interest from auto loans and credit cards. IRS changed that in the late 70's or early 80's I remember my parents bitching about it.
1. Lot's of good information. 2. People are really fools not to make friends with an estate attorney and an Enrolled Agent. My first boss said that to me over 50 years ago. Have used both. One of my brothers became an enrolled agent. 3. Mr. Mathis limited his comments to Mr. Trump's plan. If you retained someone of his caliber, he would discuss educational trusts, annual gifting, hiring your kids as employees. 4. The old expression was "Behind every successful man is a woman." When popular lore paints Bill Gates as a brilliant college dropout, he gives the credit to his father who was considered one of the top business lawyers of his time. Who do you think was Mr. Buffet's partner for so many years? A Los Angeles lawyer who was known locally as a brilliant lawyer.
Give working families more incentives to have kids. The current environment only encourages people on welfare to have kids, but hard-working Americans are getting slammed with taxes and its very hard to have kids!!!
Question, we rent out our primary residence all for less than 7 day rentals on Airbnb. We have the property listed on Airbnb for 8 months each year and then, we live in said home for the other 4 months. We made $12,000 in 2024 renting it 23 times for an avg of 4 days/43 rental. We don’t offer any services to guests during their stay. How should we file taxes? Should we use schedule E, and can we write off depreciation as passive loss? Thanks in advance.
I’d be careful with the word permanent, it is likely congress will need to use reconciliation again. That allow them to pass with a simple majority in the Senate or they got to get 60 senators on board. To use reconciliation then you run into the Byrd rule which limits how much the legislation can add to the debt over 10 years. So I see the social security as a good possibility of passing since that tax money went back to the trust fund and not the general fund. The salt cap was unpopular on both sides of the aisle so it may go or get raised substantially. The rest is less likely as it cuts revenue and thus needs to be made up for and or we get sunsets again.
Part of your discussion of tariffs is "dreamland". You got the "tariffs are a tax" accurate. The idea that tariffs help domestic businesses get a leg up and then eventually tariffs go away is the dream part. You describe how tariffs are supposed to work. I reality once a tariff is on it rarely foes off ( check the 25% tariff on European pickup trucks that is still on after 50 years ) in fact the US manufacturers raise their prices on domestically produced goods that are subject to a tariff and lobby the government to not remove the tariff ( recent example of home appliances and tariffs on Korean produced appliances). Unfortunately a lot of the stuff we get from China there is no manufacturing in the US and its unlikely. Got the retaliation part correct as well - check farm products in the first Trump administration.
I'm a licensed Customs Broker here in the US. My business is navigating and understanding tariffs and strategizing business decisons based on their impact. Here are two negative impacts, and then my personal experience from Trump 2016 on business impact to US companies. The human element using 20% flat as the basis, though we won't know what he's going to do until he does it. The 20%, tariff essentially raises the cost of goods imported, which drives the importer to push that increase to the end purchaser. Where this is problematic from a human perspective is that it is the same 20% increase across the buying landscape. The person who is making 15.00/hr is paying the same 20% increase on a pair of shoes that Elon would pay. That is unbalanced and essentially adds to the growing class gaps. The fiscal element - do the math. The numbers don't add up. You simply can't get to the same revenues with tariffs that you can with taxes. Many economists have called this out. My personal experience. Under trump 2016, I had clients close manufacturing in the US. Why? In one example, because the cost of the components from China became untenable from a total cost perspective, it was less expensive to move their production to Mexico. Under NAFTA (and this is intact after trump renegotiated) the rules of origin contain both regional value content and tariff shift rules. For this product, the finished goods qualified even with the Chinese content. Because the tariffs in MX on the components didn't include the China punitives, and because the finished product qualified on import to the US, they closed US production. In another example, I had a client lose so much money that they closed up shop. This customer had open POs from a big retailer, where profit margins were already super tight. Enter tariffs that were not in place when the orders were negotiated. The big guys don't renegotiate, so every order filled by this importer was at a loss. They were unable to sustain the losses. Finally..there are no winners in trade wars. The subsidies we paid the farmers after losing the soybean markets in retaliation by China are still hitting our national budget. Just some of my personal experiences. I'm jaded. We in my line of work are bracing ourselves for the extra work we will be doing in the coming months.
Taxes on the population were one of the main reasons we left the Brittish Empire. No direct taxation is the most constitutional format. Use tarrifs, sales taxes or combinations, but stop taking money from people without due process.
In the short term, teriffs do raise the price of imports. But if you look at what cheap imports have done to some industries in our country, like textiles for example, it would bring back jobs.
Im all for the tariffs. One thing you should look into is inflation of goods vs inflation of your income. At 77k/yr i pay almost 2k oit of every paycheck. Its 6465/mo nut take home is 4400. If my take home pay went up 1k, i would be okay with consumables being higher.
Exactly!! Tips are gifts! Also, explain to me this-labor is not taxable and I cut hair-isn’t that a gift for labor bc they don’t have to give it! What say u??
Thank Toby!! I know this is the specialty item but let's bring back 100% bonus depreciation. It spurs investments in businesses and will significantly help the commercial real estate market.
What about property tax, we never own the property. Government rents it to us by charging taxes. What about other things we buy, will you continue to tax us for everything we have already paid tax on?
Also the tariff is a good bargaining chip. Also I like the idea of not being taxed on money just because I made it. Not having income tax would incentivize saving and investing, what a concept. Also if you don't buy it you won't pay the tariff.
I am confused- do you pay the estate tax before you die? If estate tax is paid after you die, you aren’t paying anything- you’re dead. And is the estate tax higher than the gift tax?
gifts in excess of a million are taxed at the same rate (40%) as the estate. If you want to escape the death tax by gifting while alive, you need to do it “slow and steady”, taking advantage of the gift exemption year after year _before_ you die
Thanks Toby! Why would they get rid of the green tax credit, and how is that a good thing? A tariff WILL be paid by the consumer. It's obvious and everyone knows that.
As I understand, the consumer has the option of purchasing from foreign imports at a higher price point due to the cost incurred to sell their products in the USA. The consumer doesn't have to buy import items, but if they do they know why they will pay more. I'm pretty sure with made in America and sold in America the prices will be lower with likely the same competitive product. We the consumer will have choices along with the importers who choose to sell their products in the USA. This is good business in my opinion.
Most items people buy from China cost 1/3 of what the equivalent item would cost if made in the USA. So even a 65% tariff won’t get me to switch from a Chinese mfr to a USA mfr. the price I have to charge my customer will go up by about 30% in this scenario and the money just goes to our government to waste on new spending. It’s a sham. And this guy is full of sh#%
Anything that takes a load off of working people making less than 300g (most of us) is a GREAT thing! We have been punished by taxes for being productive people! We are not spending any excess money because it’s not there! Reduce the tax burden, energy costs, and increased positive worker moral and the economy will boom!
You may be right that that tariffs will raise our cost or make other things go up, but that is NOT a given. There are negotiations and trade methods to keep prices low if foreign countries decide to raise prices unfairly. We need to stop looking at this as a tax on the consumer. And there are many side benefits that keep more of our money here in country. Take into account all the factors. Lets see how it goes!
TRUMP SHOULD ELIMINATE FOOD TAXES. WE ALWAYS PAY DOUBLE TAXES/YOU GET TAXED ON YOUR PAYCHEC AND WHEN BUYING ANYTHING OUT OF OUR CHEXKS SO YEA ..DOUBLE TAXED
No way we'll have inflation when you factor in us dramatically increasing our drilling and oil exports. When energy costs come down, it has a ripple effect of lowering the costs of goods.
So they give you 4k in your left hand hand and then take the 4 k in the right hand with tariffs. I think my math is good tariffs that is a a gain of 0. And I say that because his proposed tariffs are not 10 % they are 60% to 100%. Also where can you get papers plates made in America or any really America made low cost product. No where, you can thank both parties in congress for that by letting the American corporations ship the jobs over seas and giving them a tax break so they could get the lobbing money. This just didn't happen i has been going on your years.Yea that is Trumps plan like last time give more to the rich not the the middle class.
Until the government can correct there spending problems I’m 100% for getting rid of taxes it helps us none as Americans to pay for other countries problems while leaving us with nothing.
DEFUND THE Government System ! Shut down The Whole IRS system ! The Government system has been doing a lot of Foolish spending ! Talk about foolish Government Spending; why is each police officer driving around in his own car ? 1 police officer per car ! DEFUND THE POLICE ! Put 2 police officers per car. That way, We The People pay for less gas. Remember, these police officers are Public Servants ! Police Officers work for The People !
Unless you make 100,000,000 you will pay more remember he increased the national debt 820 trillion in his first 4 years now we need to pay that back and it wont be the rich exactly the rich will get richer how many of you make this kind off money
You missed how much you will be payn for goods, working longer and no social security when your time comes. Another 8 Trillian in dept, tax cuts for the rich.....Yeah the Orange pumkin will save you. 😂
![President-elect Trump on $100B investment; takes questions on vaccines, more [RAW]](/img/n.gif)
Would you like to learn about advanced tax strategies and talk to someone? Schedule a free consultation here: aba.link/d558bf
@TobyMathis, you are using a clipboard to read your lecture, yet even with it, you kept forgetting which point you were on. For the viewers' convenience, however, you’re not displaying any key points on the screen. All we see is your "beautiful" face while we listen to your lecture and try to remember and memorize everything you say!
Moreover, your understanding of tariffs and your fear of a "tariff war" and inflation seem quite flawed. Prices are not absolute numbers; they are relative. For example, if you are poor, a $10 price tag might be too high and unaffordable. On the other hand, if you’re wealthy, even $1,000 might feel cheap. In the U.S., even a poor citizen can afford a $15 lunch, but in many developing countries (which you worry about in the so-called "tariff war"), $15 could be an entire week's expense, which is unaffordable for most.
The important issue is understanding how to increase earnings:
1- Lower taxes,
2- Create decent local jobs,
3- Boost local production and manufacturing.
Tariffs are a tool for achieving these goals. If you’re concerned about a tariff war, you should also consider who is better positioned to win such a war: a country where even a single person can spend $15 on one meal, or those where $15 is a week's worth of expenses for an entire family?
In early 1900s, the Supreme Court ruled income taxes unconstitutional.
How it returned to be collected is beyond me.
Look it up.
Yes,,, we need to shut down The Whole IRS system ! Shut it down now !
Thanks to Woodrow Wilson. Basically our country was sold to the global bankers and the evil Fed was established.
There are cases of people who have sued the IRS and won! Now the lawyers will be harassed for life by them. But yea it's true!
Americans just need to abolish the IRS
I don't like taxes purely for 1 reason, the government makes you calculate your own tax and penalises heavily for doing it wrong. I have no issues paying taxes as a US citizen, however I hate that I have to do the paperwork when the government already has all the info they need. Always struck me as odd.
I don't regret the numerous financial mistakes I've made in the past since I've learnt from them. But the biggest one was planning my finances without consulting with a licensed financial counsel.
Government be killing small businesses. Let alone unions
@@William-y1d-l5c the reason they do that is because the people they hire make even more mistakes
No they do that because if you lie and it's not matching up to what they have they will still process the refund and send it to you they will wait for a couple years till interest builds up and send you a bill plus the original amount you would owe them that's how the screw people a tax lady told me that plus I was in similar situation last year
Just make it one flat tax, not town, city, state, sales, property, income and Medicare taxes. Were taxed to death.
Bad idea
@@Satjr35031 why is that a bad idea? just trying to understand
And because they spend the money however they want. The US is broke!
Question:
What about property taxes, Is that going to change? A person can’t build a building without paying taxes on it yearly.
It’s literally like you don’t own it due to the tax.
Very very helpful! Thank you very much for updates!!!
Tips can be tract in card payments, and all cash will be void from tax. It's not that difficult for businesses to disclose tips from card payments because they are already being done. IRS will just have to not include tips as income. That's how the tips can be avoided from income tax. I worked as an auditor, and that's why I know that it can be easily done.
Student loan interest deduction makes way more sense than an auto loan interest deduction
do both
@ theres a little concern right now called the “national debt”
A long time ago you could write off interest from auto loans and credit cards. IRS changed that in the late 70's or early 80's I remember my parents bitching about it.
Definitely 80's as I wrote mine off n I am 62 @@charlesbolin7249
You missed one talking point . If they are tariffed won’t they bring their manufacturing here. That was the goal made in the USA
Cost!!! Unless you hire immigrants. 😂😂😂😂
Will you work for a couple of dollars per hour to make certain products that are produced from other countries since that what they got paid.
Who and what type of mfg?
google TSMC
Toyota Hyundai, Honda, all mega plants !
1. Lot's of good information.
2. People are really fools not to make friends with an estate attorney and an Enrolled Agent. My first boss said that to me over 50 years ago. Have used both. One of my brothers became an enrolled agent.
3. Mr. Mathis limited his comments to Mr. Trump's plan. If you retained someone of his caliber, he would discuss educational trusts, annual gifting, hiring your kids as employees.
4. The old expression was "Behind every successful man is a woman." When popular lore paints Bill Gates as a brilliant college dropout, he gives the credit to his father who was considered one of the top business lawyers of his time. Who do you think was Mr. Buffet's partner for so many years? A Los Angeles lawyer who was known locally as a brilliant lawyer.
Give working families more incentives to have kids. The current environment only encourages people on welfare to have kids, but hard-working Americans are getting slammed with taxes and its very hard to have kids!!!
When will we know if these make it through and will it take effect for 2024 tax year?
What is China’s current tariff on US imports to China?
Varies depending upon the product classification
Question, we rent out our primary residence all for less than 7 day rentals on Airbnb. We have the property listed on Airbnb for 8 months each year and then, we live in said home for the other 4 months. We made $12,000 in 2024 renting it 23 times for an avg of 4 days/43 rental. We don’t offer any services to guests during their stay. How should we file taxes? Should we use schedule E, and can we write off depreciation as passive loss? Thanks in advance.
I’d be careful with the word permanent, it is likely congress will need to use reconciliation again. That allow them to pass with a simple majority in the Senate or they got to get 60 senators on board. To use reconciliation then you run into the Byrd rule which limits how much the legislation can add to the debt over 10 years. So I see the social security as a good possibility of passing since that tax money went back to the trust fund and not the general fund. The salt cap was unpopular on both sides of the aisle so it may go or get raised substantially. The rest is less likely as it cuts revenue and thus needs to be made up for and or we get sunsets again.
Thanks for making it easy to follow for not tax savvy folks like me.
We either need to be federally or state paying both is bull shit
What about SSDI? We need to get the correct increases that have in the past.
If tariffs are causing Americans to paid higher taxes but the tax break goes to the top earner, the middle and poor will suffer the most.
Eliminate the income tax
I think the deduction will be raised to help remove more income tax for people who need it. This helps reduce income tax without removing completely.
Great stuff, Toby! With bonus depreciation, would that reset to 100% if approved with the new tax bill?
Very god vid. What do you think about the proposal to tax credit card benefits?
Part of your discussion of tariffs is "dreamland". You got the "tariffs are a tax" accurate. The idea that tariffs help domestic businesses get a leg up and then eventually tariffs go away is the dream part. You describe how tariffs are supposed to work. I reality once a tariff is on it rarely foes off ( check the 25% tariff on European pickup trucks that is still on after 50 years ) in fact the US manufacturers raise their prices on domestically produced goods that are subject to a tariff and lobby the government to not remove the tariff ( recent example of home appliances and tariffs on Korean produced appliances). Unfortunately a lot of the stuff we get from China there is no manufacturing in the US and its unlikely. Got the retaliation part correct as well - check farm products in the first Trump administration.
the ship is changing course !! back to the homeland😂
Made in the "U.S.A. all the way. Go Trump!@@tomowcaest.5999
Could you expand on why tariffs in place of income tax wouldn’t be good?
I'm a licensed Customs Broker here in the US. My business is navigating and understanding tariffs and strategizing business decisons based on their impact.
Here are two negative impacts, and then my personal experience from Trump 2016 on business impact to US companies.
The human element using 20% flat as the basis, though we won't know what he's going to do until he does it. The 20%, tariff essentially raises the cost of goods imported, which drives the importer to push that increase to the end purchaser. Where this is problematic from a human perspective is that it is the same 20% increase across the buying landscape. The person who is making 15.00/hr is paying the same 20% increase on a pair of shoes that Elon would pay. That is unbalanced and essentially adds to the growing class gaps.
The fiscal element - do the math. The numbers don't add up. You simply can't get to the same revenues with tariffs that you can with taxes. Many economists have called this out.
My personal experience. Under trump 2016, I had clients close manufacturing in the US. Why? In one example, because the cost of the components from China became untenable from a total cost perspective, it was less expensive to move their production to Mexico. Under NAFTA (and this is intact after trump renegotiated) the rules of origin contain both regional value content and tariff shift rules. For this product, the finished goods qualified even with the Chinese content. Because the tariffs in MX on the components didn't include the China punitives, and because the finished product qualified on import to the US, they closed US production.
In another example, I had a client lose so much money that they closed up shop. This customer had open POs from a big retailer, where profit margins were already super tight. Enter tariffs that were not in place when the orders were negotiated. The big guys don't renegotiate, so every order filled by this importer was at a loss. They were unable to sustain the losses.
Finally..there are no winners in trade wars. The subsidies we paid the farmers after losing the soybean markets in retaliation by China are still hitting our national budget.
Just some of my personal experiences. I'm jaded. We in my line of work are bracing ourselves for the extra work we will be doing in the coming months.
Taxes on the population were one of the main reasons we left the Brittish Empire. No direct taxation is the most constitutional format. Use tarrifs, sales taxes or combinations, but stop taking money from people without due process.
Interesting take on the tax changes! Curious to see how the SALT cap and other policies might impact small businesses. Thanks for breaking it down!
40 years ago they never taxed tips
And I remember when I could deduct the interest on a car loan off my taxes in the long ago past.
In the short term, teriffs do raise the price of imports. But if you look at what cheap imports have done to some industries in our country, like textiles for example, it would bring back jobs.
So...what percentage of people in this country have an estate worth $50 million?
Great stuff
Im all for the tariffs. One thing you should look into is inflation of goods vs inflation of your income. At 77k/yr i pay almost 2k oit of every paycheck. Its 6465/mo nut take home is 4400. If my take home pay went up 1k, i would be okay with consumables being higher.
Exactly!! Tips are gifts! Also, explain to me this-labor is not taxable and I cut hair-isn’t that a gift for labor bc they don’t have to give it! What say u??
Do you think there is going to be the elimination of tax on overtime?
No Not a smart idea Too cumbersome to document
It's just easier to send all that money to other countries...
To many promises just to get your votes 🗳.
Thank Toby!! I know this is the specialty item but let's bring back 100% bonus depreciation. It spurs investments in businesses and will significantly help the commercial real estate market.
What about property tax, we never own the property. Government rents it to us by charging taxes. What about other things we buy, will you continue to tax us for everything we have already paid tax on?
Over 100 years ago there was NO INCOME TAX. The major revenue for the federal govt was TARIFFS. Now we pay both ?
Also the tariff is a good bargaining chip. Also I like the idea of not being taxed on money just because I made it. Not having income tax would incentivize saving and investing, what a concept. Also if you don't buy it you won't pay the tariff.
I am confused- do you pay the estate tax before you die? If estate tax is paid after you die, you aren’t paying anything- you’re dead. And is the estate tax higher than the gift tax?
gifts in excess of a million are taxed at the same rate (40%) as the estate. If you want to escape the death tax by gifting while alive, you need to do it “slow and steady”, taking advantage of the gift exemption year after year _before_ you die
Make it in USA and pay a little more for possible better product and it could be easier to return or get it fixed?
You look like Tilman Fertita man 🧡
Tips used to be not taxed, easy to undo, but money is the govt.'s drug.
Unfortunately there are about 5 POS states that do charge an inheritance tax. I just dealt with this myself 🙄
audit the pentagon to get back all that money from hopeless wars
Thanks Toby! Why would they get rid of the green tax credit, and how is that a good thing? A tariff WILL be paid by the consumer. It's obvious and everyone knows that.
As I understand, the consumer has the option of purchasing from foreign imports at a higher price point due to the cost incurred to sell their products in the USA. The consumer doesn't have to buy import items, but if they do they know why they will pay more. I'm pretty sure with made in America and sold in America the prices will be lower with likely the same competitive product. We the consumer will have choices along with the importers who choose to sell their products in the USA. This is good business in my opinion.
When will someone add a tax deduction for folks that rent.
Most items people buy from China cost 1/3 of what the equivalent item would cost if made in the USA. So even a 65% tariff won’t get me to switch from a Chinese mfr to a USA mfr. the price I have to charge my customer will go up by about 30% in this scenario and the money just goes to our government to waste on new spending. It’s a sham. And this guy is full of sh#%
He is full of crap.
What a load of crap. Abolish the unselected IRS.
Cost of living ain't coming down. There will just be more money in the pockets if tax savvy high income earners. That's the only opportunity here.
Become a hugh earner
Fair trade and free trade are not the same. Trump proved in his 1st admin that tariffs work without creating inflation.
Anything that takes a load off of working people making less than 300g (most of us) is a GREAT thing! We have been punished by taxes for being productive people!
We are not spending any excess money because it’s not there! Reduce the tax burden, energy costs, and increased positive worker moral and the economy will boom!
You may be right that that tariffs will raise our cost or make other things go up, but that is NOT a given. There are negotiations and trade methods to keep prices low if foreign countries decide to raise prices unfairly. We need to stop looking at this as a tax on the consumer. And there are many side benefits that keep more of our money here in country. Take into account all the factors. Lets see how it goes!
LORD, WE NEED YOUR HELP NOW. THANK YOU...AMEN.
Should we bail out the Iowa farmers AGAIN?
Last time, it was $40 billion.
I guess the Trumpers don’t know about that
we always bail out the farmers ! with billions..both pages know that small fact
@@SamuelClemente7718 There’s a difference between.the two bailouts.The latter $60 billion was because of Trumps Tariffs on China They r
Tariff "Taxes" are just going to increase the costs for everything because we don't manufacture everything here in America. We are screwed
I think that middle class that works less than $50. Thousand a year should not pay any taxes to the irs
Just making the Tax Cuts Permanent and Stopping the Taxing Social Security will help EVERYONE!
TRUMP SHOULD ELIMINATE FOOD TAXES. WE ALWAYS PAY DOUBLE TAXES/YOU GET TAXED ON YOUR PAYCHEC AND WHEN BUYING ANYTHING OUT OF OUR CHEXKS SO YEA ..DOUBLE TAXED
Inflation will always continue because we have a fiat currency which was not an intention of the founding of the country
No way we'll have inflation when you factor in us dramatically increasing our drilling and oil exports. When energy costs come down, it has a ripple effect of lowering the costs of goods.
So they give you 4k in your left hand hand and then take the 4 k in the right hand with tariffs. I think my math is good tariffs that is a a gain of 0. And I say that because his proposed tariffs are not 10 % they are 60% to 100%. Also where can you get papers plates made in America or any really America made low cost product. No where, you can thank both parties in congress for that by letting the American corporations ship the jobs over seas and giving them a tax break so they could get the lobbing money. This just didn't happen i has been going on your years.Yea that is Trumps plan like last time give more to the rich not the the middle class.
Until the government can correct there spending problems I’m 100% for getting rid of taxes it helps us none as Americans to pay for other countries problems while leaving us with nothing.
No more taxes
Why do the rich earners get the most? Shouldn’t it be the opposite?
DEFUND THE Government System !
Shut down The Whole IRS system !
The Government system has been doing a lot of Foolish spending !
Talk about foolish Government Spending; why is each police officer driving around in his own car ?
1 police officer per car !
DEFUND THE POLICE !
Put 2 police officers per car. That way, We The People pay for less gas.
Remember, these police officers are Public Servants ! Police Officers work for The People !
Key word, might! Isn't even in office.
Abolish IRS
For most of your viewers, maybe you should focus on the tariffs part
that's another video !
Trump ended the ability of a teacher to write off expenses for the classroom.
GO Trump
Yes, Trump should be in prison, not the White House.
@@PH-md8xpkeep crying 😭
@@goodfella60 Yes, with tears of joy, when you start to realize how badly America lost by electing Donvict. 😅
May we talk about Family Day Trust
We need to start to make our own thing not depend on China
Unless you make 100,000,000 you will pay more remember he increased the national debt 820 trillion in his first 4 years now we need to pay that back and it wont be the rich exactly the rich will get richer how many of you make this kind off money
Tariffs = Taxes , 4 years from now people who don't have a business won't vote for him again. Not really a benefit .
When Trump says he's going to change something I take him at his word.
❤
Sponsored by: yep, that explains it all.
If only we could all be a Biden and not pay taxes.
You are talking to rich people, This video is not for regular people
I was thinking the same thing
You missed how much we will save from not electing Kamala. Really these will be 15% tax savings.
You missed how much you will be payn for goods, working longer and no social security when your time comes. Another 8 Trillian in dept, tax cuts for the rich.....Yeah the Orange pumkin will save you. 😂