How the Tax Code Made an American Aristocracy / Ray Madoff
This Is Hell!
This Is Hell!
4.9 • 937 Ratings
🗓️ 13 November 2025
⏱️ 98 minutes
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| 0:00.0 | The President |
| 0:02.0 | The water |
| 0:05.0 | The water is Biggie Biggie Macon |
| 0:23.6 | The This is hell. |
| 0:47.9 | I hate to valorize any politician and especially not Governor J.B. Pritzker, but I really did enjoy him yesterday |
| 0:56.9 | calling the Border Patrol chief Gregory Bovino a snowflake. Yeah, that was good stuff. I really |
| 1:02.8 | like that. Allowing the left and abolitionists to reembrace the term that they created |
| 1:09.4 | for the people who were pro-slavery and were white supremacists and enjoyed white privilege back in the mid-19th century. |
| 1:17.7 | And the term was used by abolitionists of those who were pro-slavery because any time their privilege was challenged, they would weep and cry and melt like a snowflake. |
| 1:27.2 | It's a term that's been co-opted by the right in here in the United States, and it's great |
| 1:30.8 | just to see even a centrist liberal try to retake it. |
| 1:35.9 | Your eyewitness to grief, this is hell, and following the grief we discussed earlier this week |
| 1:44.0 | of how the prison industry |
| 1:45.4 | dehumanizes the poor, the grief we will be talking about today is the unfair income tax |
| 1:53.6 | code and its massive contribution to inequality in the bottom lines of the wealthy. |
| 1:58.7 | The wealthy, in fact, spend a lot of time, energy, and, yes, money |
| 2:04.2 | on not paying taxes and hiding how little they do pay in taxes from the rest of us. They use |
| 2:10.8 | up plenty of resources so you don't know how they spend their resources on lives of opulence you cannot ever imagine. |
| 2:20.9 | The glimpses we get of balls at Marilago are likely only a tacky tip of the iceberg |
| 2:26.8 | where this new aristocracy built on new types of investments are precariously perched. |
| 2:35.5 | They spin tales about paying the highest income taxes as they are the highest income earners, |
| 2:41.5 | which is true, without mentioning how much of what they make, and often all of what they make, |
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