Ep. 894 - Eat The Rich
The Ben Shapiro Show
The Daily Wire
4.4 • 152.4K Ratings
🗓️ 11 November 2019
⏱️ 55 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Elizabeth Warren's wealth taxes a full-scale disaster. |
| 0:03.0 | Bernie campaigns with AOC and Democrats open up those public impeachment hearings. |
| 0:07.0 | I'm Ben Shapiro. This is The Ben Shapiro Show. |
| 0:13.0 | The Ben Shapiro show is sponsored by ExpressVPN. Stand up for your digital rights. |
| 0:18.0 | Visit ExpressVPN.com slash Ben. They really are great. Check them out. ExpressVPN.com |
| 0:22.6 | slash Ben. Okay. Well, I have a lot to get to today. We're going to be talking about the latest |
| 0:26.2 | an impeachment gate, but I really do want to talk about this attack on billionaires. Ooh, |
| 0:30.8 | the evil billionaires. We'll get to that in just one second. First, if you're looking at the way |
| 0:35.0 | that the left is attacking free market capitalism right now, if you're looking at the way that the left is attacking free market capitalism right now, |
| 0:56.8 | if you're looking at the way that the left is attacking laissez-faire and your ability to keep your own wealth, and you're thinking, okay, if Elizabeth Warren becomes the president of the United States, God forbid, she's just going to start playing around with all the mechanisms that allow wealth to grow. Maybe you're thinking, maybe I shouldn't invest in the U.S. dollar right now. Maybe I should invest instead in something a little bit more solid, like gold. |
| 1:11.0 | Well, a lot of Maybe you're thinking, maybe I shouldn't invest in the U.S. dollar right now. Maybe I should invest instead in something a little bit more solid, like gold. Well, a lot of other people are thinking the same thing. Gold is right now sitting at its five-year high. I've been telling you for years that gold is a safe haven against uncertainty and chaos in the markets. Well, Democrats are certainly going to exacerbate all of that. This is why you should try out Birch Gold. Birch Gold will go to work and make things simple. They'll have a conversation with you. You can determine if precious metals make sense to include in your portfolio. Again, it makes sense for my portfolio. You should be diversified at least a little. I'm not talking. Liquidate all your assets and buy bars of gold. I'm talking, take some of your money, put it in precious metals. It helps balance out your portfolio. I trust the folks at Birch Gold. I'm working with them for years. If I didn't trust them, I wouldn't work with them. |
| 1:29.8 | Text Ben to 47, 4747. metals, it helps balance out your portfolio. I trust the folks at Birch Gold. I'm working with them |
| 1:27.9 | for years. If I didn't trust them, I wouldn't work with them. Text Ben to 47-47-47 today to see how simple |
| 1:32.8 | and straightforward a move into precious metals can be for you. Again, that is Ben to 47-47. When you |
| 1:38.8 | speak to them, be sure to ask what promotions they're currently offering. Text my name Ben to 47, 47, 47. Okay, so the ramping up of attacks on |
| 1:49.3 | wealth in this country, it's happening in an extraordinary rate. And it starts off as these |
| 1:55.1 | attacks on quote-unquote billionaires. And then pretty soon the left realizes that there's not |
| 1:58.2 | enough money with the billionaires to just attack the billionaires. Then it turns into an attack on millionaires. Then pretty soon it turns into an attack on people who make more than $500,000 a year. Then pretty soon it turns into attack on people who make more than $2,200,000 a year. What you will see is that the bar for becoming rich in this country is going to continue to decline. Now, obviously, if you're a billionaire, a millionaire, I'm making half a million bucks a year, you're doing fine. But the fact is that to support the kind of social spending that Democrats want, to support the kind of market regulations the Democrats want, tax rates don't just have to be high on wealthy people. They have to be exorbitant on people who are middle class, which is why if you go over to all the Scandinavian countries that the left loves to cite as socialist havens, even though they are capitalist countries with heavy social safety nets, if you go over to Norway, if you go over to Denmark, if you go over to any of the places that the left truly loves, massive middle class tax rates. High middle class tax rates. Now, Bernie Sanders will tell you this. Elizabeth Warren will not. And Elizabeth Warren is getting away with lying about all of this by talking about her so-called wealth tax. Well, she's just going to tax the people who are the billionaires. It's going to be the billionaires tax. People who are worth $50 million and more, those people are going to experience a wealth tax. And if you look at the polls, this polls pretty well. Why? Well, because the natural human instinct is to say, well, those people have enough money. |
| 3:08.4 | What's the big deal if we just take all their money? If we just take more and more of their, and it's not all of their money, it's 2% of their wealth every year. Why is that a big deal? Well, right now, I want to explain to you why all of that is a big deal and why this is a very stupid idea, why it's an unworkable idea, why it's a counterproductive idea, why it will actually |
| 3:23.8 | hurt the economy for you, not just for billionaires, not just for people who are very wealthy, |
| 3:27.8 | but for you. Because the fact is that tax policy is intimately involved with the future growth of the United States economy. Now, the left seems to think that you can just run into wealthy people's houses, steal all their stuff, and that this will, like, every year do it. |
| 3:43.1 | And that this is not going to have any impact on the American economy or the global economy, on investment rates, on tax avoidance. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Daily Wire, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Daily Wire and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

