Yes.

yeah but that clip is 2 hours long

So lets just yell at eachother without having knowledge

Or their military contractors

Nothing should be to big to fail IMO.

don;t have to watch all of it

If it's to big to fail it's too big.

I'm talking from a business owner perspective

Nothing is. The bigger the company, the most costly their mistakes usually

Let's deal with flat taxes. 35 percent.

We need to stop shit like that and subsidizes

Company makes a million dollars a year

If a company thats "too big to fail" knows it will be bailed out,

It will become reckless because "shit, if we succeed its big money, if we fail, we'll get bailed out"

so it won't take precautions

and flat tax IS the most fair

That's 650,000 after taxes

fair is not always better though is it?

Flat tax is fair.

And the rich still pay the most.

Now, decrease that tax by just 3 percent to 32,000

yes, but better is subjective

No tax if you're a billionaire is great

If you're poor its awful

90% tax on the 1% is good for the poor, but horrible for the rich

They can then afford exactly one more employee at 30,000 a year

with Flat tax of like Rye said 35%

a person who makes
1,000,000
will pay 350,000 taxes

and a person who makes
10,000

will pay 3,500 in taxes

So rich still pay more

That's just 3 percent of a million dollars

There is a curve though when taxing people

besides, just scrap congress income a bit,

Not like those old farts are gonna need that money,

They don't use drugs, or hookers, or anything thats fun and costly, and will cause a scandal

So when they talk about taxing companies more

Does the curve stay the same at every level?

flat tax means everyone pays the same %

They're talking about amounts the size of employee salaries

If you're running a razor thin margin

And you get a 3 percent tax hike

Consumption Tax seems to make sense to me, but I don't know how well it would really work.

That's a man down

Easy

best part about a flat tax? no more tax brackets, except maybe at the bottom end.

I mean the laffer curve

dafuq is a Consumption tax?

I like brackets personally

I was using a flat tax as an example

if you make the bottom end of a tax bracket, you could be taking home less money than if you were in the higher end of the lower bracket