Thom Hartmann Program - 1 Hour Edition - 01/30/19 - Rethinking the wealth tax, climate change as the ultimate existential threat, and a new hope for universal health care. Will the current crises trigger a progressive revolution?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 30 January 2019
⏱️ 61 minutes
🧾️ Download transcript
Summary
Why shouldn't billionaires also pay a property tax on their non-real estate property? - The man in the White House won't or can't accept the scientific consensus on climate change. As Chicago faces temperatures as low as 50 degrees below zero as the jet stream breaks down, even as the arctic is warmer than ever, could this be the crisis that requires Progressives to take power to make things right? Callers chime in. - Former health insurance industry executive, now consumer advocate, Wendell Potter advises that an increasing number of people are now uninsured, the most in five years, surprisingly this may have a positive effect on the push for universal healthcare. - Caller Kurt predicted Trump's rise to power with the support of white supremacists. He has further predictions on what may happen next. For the Book Club, Thom reads from 'Just Another N-----, My Life in the Black Panther Party' by Don Cox.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the Tom Hartman program. |
| 0:15.0 | Welcome back, Tom Hartman here with you. |
| 0:17.0 | We've got a money problem in this country. |
| 0:19.0 | I mean, this is just what it boils down to. |
| 0:20.0 | You've got, you know, a couple of dozen billionaires who own more wealth |
| 0:24.9 | than all the rest of us right than half the country and I pay a wealth tax you know I own a house here in Portland and every year I have to write a check for I don't know |
| 0:40.0 | six eight thousand bucks whatever it is I you know Louise does it I don't frankly |
| 0:43.4 | remember the amount but every year we have to write a check to the city and the |
| 0:48.4 | county and pay property tax and that is a tax on the wealth that I own, which is what most middle class people. |
| 0:57.0 | This is my single largest asset is. |
| 0:59.0 | It is for most middle class people, is their home. |
| 1:02.0 | So if you've got a home it's worth a couple hundred |
| 1:04.7 | thousand bucks and you're paying you know five ten thousand dollars a year at |
| 1:07.6 | property taxes that's a wealth tax. You are paying taxes on your wealth and for middle-class people it's their |
| 1:16.6 | principal source of wealth keep in mind there's a difference between the |
| 1:19.2 | income and wealth I also pay taxes on my income when I get a check you know every week for doing |
| 1:26.2 | this show or every other week there's they take taxes out of it right so we you know |
| 1:30.8 | we all pay income taxes, but a wealth tax is something that by and large |
| 1:37.5 | billionaires skate on unless they happen to own property. And many of them put the |
| 1:42.0 | property in the name is their corporation |
| 1:43.7 | so the corporation pays the tax on it and it's a tax deductible expense. If you have a |
| 1:48.0 | corporation that owns your home and then rents it to you. It's tax deductible. Now most of us don't have the means to |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Thom Hartmann, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Thom Hartmann and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.