3/23/23: Demands to tax the ultra-rich grow as DeSantis polling shrinks
The David Pakman Show
David Pakman
4.6 • 2.8K Ratings
🗓️ 23 March 2023
⏱️ 62 minutes
🧾️ Download transcript
Summary
-- On the Show:
-- We discuss how to actually tax the ultra-rich tax dodgers as Democratic Senators urge President Joe Biden to take action
-- Arkansas, under the leaderships of Republican Governor Sarah Huckabee-Sanders, restricts school bathroom use by transgender people
-- Republican Florida Governor Ron DeSantis is already falling in 2024 polling, potentially jeopardizing his not-yet-started 2024 campaign
-- Many Republicans are now calling for Florida Governor Ron DeSantis to block Donald Trump's potential extradition from Florida to New York, if he is arrested
-- Piers Morgan interviews Ron DeSantis, and it exposes the true dangers of a potential DeSantis presidency
-- Red states tend to have higher murder and gun crime rates than blue states do
-- RNC Chairwoman Ronna McDaniel admits she is quickly losing control of the 2024 Republican primary
-- Donald Trump begs his followers for money in a new video riddled with conspiracy theories
-- Donald Trump's followers donated $1.5 million to Trump in 3 days in response to Trump's arrest claims
-- Voicemail caller is really angry with David, and has figured out that David is not "a Christian"
-- On the Bonus Show: Manhattan DA Alvin Bragg's alleged tied to George Soros, Disney World will host major summit on gay rights, Fed raises interest rates despite stress on banking system, much more...
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Transcript
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| 0:00.0 | Let's start today with some meaty policy analysis when it comes to taxing the rich. |
| 0:23.3 | Please don't tune out. |
| 0:24.3 | No, no, no, don't click away. |
| 0:25.9 | No, in all seriousness, this morning I watched a little bit of our friend Sam Cedars appearance |
| 0:30.6 | on the Patrick Bet David show, a program I did a month or six weeks ago or so. |
| 0:35.9 | And one of the topics that came up with them was about what should tax rates be and taxing |
| 0:41.7 | the rich and Sam says, yes, and Patrick says, no, and okay, I don't want in this segment |
| 0:47.9 | to delve into the should we or shouldn't we or the morals of the ethics? |
| 0:53.7 | What I simply want to address here is if we wanted to tax the ultra wealthy more, how |
| 1:00.8 | would we do it effectively? |
| 1:02.2 | And what I mean by effectively is it's very easy to say, raise the top income tax rate, |
| 1:08.2 | but then you realize, wait a second, a lot of the ultra wealthy aren't earning income |
| 1:12.3 | in wages subject to that rate. |
| 1:15.4 | So that's not really going to help. |
| 1:17.6 | And then the background of all of this is the news that democratic senators as Huff post |
| 1:22.0 | reports are urging the Biden administration to go after what they call ultra wealthy tax |
| 1:27.8 | dodgers. |
| 1:29.4 | Most of this is specifically related to using trusts and other financial vehicles when |
| 1:34.5 | it comes to inheritance, when it comes to inheritance and what we might call a state |
| 1:38.4 | tax or some like to call it the death tax. |
| 1:41.2 | So what I want to do in this segment, just to provide a little bit of food for thought, |
| 1:45.6 | is give a bunch of different changes that could be made to the tax code that would help |
... |
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