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The Ben Shapiro Show

Ep. 293 - Fascists Win In Berkeley

The Ben Shapiro Show

The Daily Wire

News, News Commentary

4.4152.4K Ratings

🗓️ 27 April 2017

⏱️ 56 minutes

🧾️ Download transcript

Summary

The dangers to democracy grow, confusion breaks out among Republicans on policy, and we explore the mailbag! Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In the wake of President Trump's release of a tax reform outline, CNN's Sally Cohen took to Twitter to explain her take on the prospective legislation.

0:07.2

She tweeted, translated Trump's tax plan for you and is a picture of Trump's tax plan and written over it in pink pen and says,

0:12.2

take dollars from the people, give it to the super rich.

0:15.2

This is not how taxes work.

0:17.0

There is a basic inconsistency here for Cohen.

0:19.2

She's correct that higher taxes on a relatively small percentage of the middle class via reduction of tax deductions would involve government taking more money from those affected.

0:26.8

But she then suggests that rich Americans paying less taxes somehow amounts to reallocation of resources from middle class to those in the top tax bracket.

0:35.0

So in other words, taxation is theft when it's applied to those who aren't in the top quintile of income earners, but for those rich folks, taxation is an expected tribute to be paid to the government. Here is the question. At what income cutoff does taxation become good? Cohn doesn't say, but this is pure illogical class warfare. When told this on Twitter, Cohn responded that she didn't appreciate mansplaining. She wrote,

0:54.9

mansplaining is caring, am I right? Sally, it's called economic explaining, and we wouldn't have to do it

0:59.2

if you would logic understand. Cohn also ignores the fact that the rich pay the overwhelming

1:03.3

majority of net taxes in the United States. According to the Tax Foundation in 2014,

1:07.9

35% of Americans paid no income tax, those earning more than $250,000, paid 55%

1:13.6

of the entire income tax burden. The top 20% of earners paid 84% of all income tax, according

1:19.8

to the tax policy center. According to the CBO, the Congressional Budget Office report

1:24.0

on distribution of taxes in 2013, the top 1% of households paid 34% of their

1:29.4

income to federal taxes. The middle 20% paid just 12.8%. The top quintile of income households

1:35.2

paid an average of $57,700 into federal tax coffers in 2013 when you include any wealth

1:41.1

transfers they were paid by the federal government. The fourth highest quintile paid $2,600, the middle quintile paid, actually made $7,800

1:47.5

from the feds, and the second lowest quintile made $1,000, the lowest quintile made $8,800.

1:52.2

Bottom line, according to the American Enterprise Institute, the highest income quintile is financing

1:56.9

96% of the entire system of transfer payments to the bottom 60% and funding the operation

2:03.5

of the federal government. So no, the rich aren't undertaxed. They're paying for the whole

...

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