@cbsnews: Why the richest people in America have a lower "true tax rate" than the rest of us. #moneytok #stocktok #EduTok #money #finance #taxes #news

cbsnews
cbsnews
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Region: US
Wednesday 09 June 2021 16:54:52 GMT
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vefigig
vefigig999 :
ESTIMATE. Theoretical profits are not profits 🤦🏾
2021-06-09 18:52:25
28
littlesailorboy
Littlesailorboy :
Moral of the story just invest an be smart an you too can be rich😁
2021-06-09 22:11:22
41
thatwasianboii
Thatwasian :
We’ve literally been saying that the rich don’t pay the tax they should, and yet nothing gets done about it 😂
2021-06-09 20:27:01
14
polymagic1990
polymagic1990 :
Eliminate the income tax and abolish the IRS.
2021-06-09 18:28:11
30
tofulton
tofulton :
This sounds like class envy. JS
2021-06-09 17:47:24
2
vamwerewolf405
VamWerewolf :
I’m here to see people make less than 30k a year defend billionaires
2021-06-09 21:10:57
28
wicked.1216
wicked.1216 :
i hate bezos so much he can rot
2021-06-09 18:40:22
10
scotttreiber2
Scott Treiber :
how about some new news
2021-06-09 17:18:52
6
ms1699
Mike Shea :
That’s because it’s all in stock that hasn’t been sold yet ....dumb
2021-06-09 22:50:29
4
breakfastburrito90
BreakfastBurrito :
ok
2021-06-27 22:14:29
3
slskcnnfsk
Bob bulider :
Lmao it’s funny how everyone is soo far in the game like we can’t catch up or even create generation wealth
2021-06-09 23:19:50
3
russiantheory
Bryce :
People who defend the rich 🤡🤡🤡
2021-06-10 02:11:38
4
kkennagray
Lizzy money :
Hello
2022-04-10 22:54:30
3
escanorjusticewarrior
Escanor :
You should replay and listen to the last thing you said… if they don’t sell the stock then all it’s good for is on paper 😂😂😂
2021-06-09 20:29:44
3
joshjones23
Josh Jones :
The fact that multiple people watched this at CBS and said well I guess that made sense I’ve never taken Business 100 before😂😂
2021-06-09 18:58:31
4
fireburns08
pattypoo2007 :
Bezos is 2nd richest
2021-06-09 19:12:18
2
tlopablo
Ye :
Yeah, check it again when Bezos sells.....suddenly they’re “true tax rate” will be wayyy higher than everyone. Most are in the Giving pledge...
2021-06-09 21:12:57
3
indiaaaxx_
india🫶🏾 :
America- the country where the rich get richer and the poor get poorer
2021-06-12 13:15:51
3
jameshmcfarland
James McFarland647 :
lol😳
2021-06-11 13:57:33
2
tequilabreakfast
Jake :
😂😂😂
2025-06-10 18:16:43
0
rt5678ip
rt5678ip :
honestly I would like them to have increased taxes but I would rather it go to state and local communities rather than the federal government 🤷‍♂️
2021-06-11 21:57:31
2
saint_iago_
新妍(看我作品) :
Fuck tax bro. 🖕🏿Govt ain’t doing shit with it
2021-06-09 18:42:21
5
m628634
M :
Theoretical profits are not profits. Unrealized gains are not gains.
2021-06-18 21:43:13
2
george_steel
user1090685346122 :
44% of Americans pay no federal income tax…. Talk about an attractive tax rate
2021-06-09 22:56:15
2
lowkeenagger
lowkee :
put a 20% flat tax for everyone
2021-06-09 18:45:21
4
atesomeppl
atesomeppl :
EAT THE RICH 🤑🍽
2021-06-09 20:03:53
3
deletedaccountnumber
percy :
“fuck taxes” but then has to pay a fuckton out of pocket to 10 different insurance companies
2021-06-09 18:44:55
3
vect_arts
Vectorus :
Yes. And very logical. You can’t pay taxes for money that you don’t actually have. It’s fair and logical.
2021-06-09 19:48:24
3
alsonotnate
Nate :
True tax means absolutely nothing, just because he made more money doesn't mean he didn't pay 40%
2021-06-09 20:25:57
3
hiphipimgay
Pak :
Eat the rich
2021-06-09 20:56:17
2
cyrus_norr
Cyrus Norr :
hey let's invent a biased metric and then make claims based off it. CBS: hey let's report instead of doing research.
2021-06-09 23:58:42
2
dve205
Lady D :
Unreal! The rich gets richer.
2021-06-09 19:32:18
2
user15421261
NewUser :
He also doesn’t have “income.” His wealth is measured by the increase in value of his stock in Amazon (owners equity). An accounting class can explain
2021-06-09 20:48:15
2
raullizarrob
raullizarrob :
Watch people defend a rich white man that would lower the pay for workers to 0$ if he could
2021-06-09 20:55:54
2
ilovetktuesday
ilovetktuesday :
tax wealth not income
2021-06-09 21:08:12
2
kathylovestolearn
KathyB :
U can’t tax unrealized gain, also you design tax breaks for invest startups, invest green EV, apartment building, owning sports team, rich can pick 1
2021-06-09 19:09:23
2
michigan_gay
gay :
why should they be taxed on their assets and not their money? if he sold 1b in stocks he would pay taxes on it.
2021-06-09 21:31:14
2
experimint420
Gamzee :
Don't forget that trump administration knew the IRS couldn't go after 1 million plus people and laughed and cut them in half so it was impossible.
2021-06-09 21:33:05
2
novuslegatus
NovusLegatus :
They forgot to mention that once he sells his stock he will get taxed on that.
2021-06-09 19:04:11
2
papi12045
Papi :
i love how people with no idea what the difference between realised and unrealised gains talk about this stuff
2021-06-09 22:12:29
2
_arifali
Arif Ali :
You are taxed on income not wealth adding a wealth tax would affect everyone
2021-06-09 23:27:12
2
ruchon4444
ChaCha04 :
Republicans: Trickle-down economics. Its comming... any min now, the rich is going to give us their left overs.... any min now... 😒
2021-06-09 19:52:20
2
bucknwild
Buckster :
You can’t take on wealth. Money in stock is nothing until it’s converted and then taxed at that time. Wealth is variable. Income is tangible.
2021-06-10 00:05:24
2
bronnyjamesroomate
Mall :
cbs is socialist
2021-06-09 18:53:38
2
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