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The Beat with Ari Melber

BONUS: Ari Melber & Dylan Ratigan on Iran War, Wall Street & Molly Jong-Fast Fact-Checks Donald Trump’s Biggest Promises

The Beat with Ari Melber

Ari Melber, MS NOW

Politics, News, Versant Media, Ms Now, Daily News, Versant, Government

4.64.2K Ratings

🗓️ 30 March 2026

⏱️ 29 minutes

🧾️ Download transcript

Summary

In this podcast extra, Ari Melber and Dylan Ratigan break down the Iran war and “rigged” Wall Street, while Molly Jong-Fast fact-checks Donald Trump’s biggest campaign promises. These new interviews are a Beat bonus from our podcast series “The B-Side.” Real talk and Ari’s extended conversations off air.

Transcript

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0:00.0

Is the whole system rigged? The economic system, the way we live in the country today, and why are we at war with Iran? Is war even an acceptable way to carry out U.S. interests when we have so many options and so much power? And other big questions. That's what I want to get into right now with someone who I can call an old friend. Nice to see it, pal. Great to see it.

0:20.9

Dylan Radigan is a CNBC veteran. He's a financial expert. He was at Bloomberg. He's doing a lot of interesting CEO stuff. And on this B-side segment, I like to get, you know, casual. We got a little more time. You were just on the TV show, but now we're here in the studio. Let's just start with big picture. We'll get into news.

0:38.0

But if someone's watching this right now in 2026 or a year, show, but now we're here in the studio. Let's just start with big picture. We'll get into news.

0:38.0

But if someone's watching this right now in 2026 or a year from now, or even three years from now,

0:43.8

big picture, is the system, the economic system, especially for young people coming up today in America,

0:51.7

is it rigged? Yes. Why? Multiple mechanisms.

0:57.9

I mean, the primary mechanism is the tax code. Okay. And so the tax code is controlled by the political

1:03.5

interests that have the money to create prohibitively high taxes for people who work for money

1:10.1

and relatively low taxes for people that own assets.

1:14.1

And so in the United States, the primary rigging of the system is to the benefit of those who inherit or own assets at the expense of those who work to generate income.

1:22.5

No one is punished more than somebody who works hard and has a high paying job. Those people need to be taxed into

1:29.1

oblivion, which is how the current American system is said. So a young person today comes into this

1:34.7

workforce, they could be 18, could be 22, maybe coming out of community college or college,

1:39.4

and they're being taxed like this at a point in their life when they most need to build up at least

1:45.1

some safety nest egg and get to compounding. And you're saying the system's not letting them do

1:49.3

that. What? What happens with the rich? Well, the people that own things pay a little,

1:53.6

much lower taxes. And the worst thing you can do is if you're one of those 22, 24, 25, 26, 27 year

1:59.3

old and you hit the big time and then you become a media

2:01.8

executive or a fashion executive or a finance executive or a marketing executive. And you start

2:06.9

making more and more money, that money is taxed the most aggressively of any money in the world.

2:12.2

Rather than the- But the words, working hard and making money is something that we explicitly tax as high as possible. And you've, and inheriting money and owning things we tax as low as possible, which couldn't be more on American. And you sound like a Wall Street critic, rightfully so. But you, I don't know if it's a Wall Street critic. I'm a government critic. That's a system. I mean, a lot of the Wall Street guys are... The government controls the tax code.

2:34.6

But the Wall Street guys and the billionaires have an outsized interest on that tax code. They control the government. Right. So here's where I was... The rigging. Here's where I was going with. That's how it works. Yet you've seen this on the inside. I mean, it's pretty much pretty transparent. I know, but you are an insider heretic in a way.

...

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