Another Host

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203 appearances 2 recordings 2 series first heard Apr 2025 last heard Apr 2025

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Flagrant · Pete Buttigieg on Trump Tariffs, Taxing Billionaires, and Republican Gays · 23 Apr 2025 podcast
What's up, guys? Today we are joined by the Democrat's secret weapon. He's an Afghan war veteran and the former secretary of transportation. He's also one of the first gay men to run for president.
And today he's here to explain how he kept the planes in the sky, how billionaires legally dodged taxes, why Trump's new tariffs could be hurt in America, what he ate in Afghanistan that made him gay, and most importantly, why every Republican national convention... Grindr is on fire. Give it up for Pete Buttigieg.
You started a conversation when you sat down on the couch and said that Lachlan should have died. Which is not the first thing we often hear from a, you know, future president. He said, Lachlan should have died in White Lotus. Talk to us.
I guess the one thing would be does anything really happen to the ultra-wealthy?
Speaking of, how do we corrupt you? No. What do we do? I keep on hearing conversations about how we're going to tax people and make a lot of money. I've been very fortunate. I've made a lot of money, and they're doing a really good job at it. How do we tax the people who really are making a lot of money, like the guys who send their wives to space for fun? How do we make sure?
Nobody makes income. Anybody that's generating that type of wealth is not making income. So it's almost like, and this is not like a woo-hoo, we got it so tough, but it's almost like the people who are, I think Miles used the term, middle-rich, middle-class, they're the ones that are actually paying what they should pay.
If they're adhering to the tax code, they're not hiring these tax attorneys that are going to attack it all willingly and try to reduce whatever they're paying in. But let's assume, let's take it for face value, right? Somebody, an athlete or somebody that's making $5 million and let's say that they pay $2.5 million around, right? Yeah. The concern I have really is potentially the corporations.
And I'm not smart enough to even know about this stuff. But it seems to me, and I think tariffs plays into this, so I'd love to get your take on it. But it seems to me on the surface, and again, I'm giving a very emotional argument. You can give me tons of data, call me an idiot for even thinking this, but it's possible.
All right. Okay. Seems to me that there's been an effort that has been supported to send the manufacturing of some of these products overseas to increase profits, right? Sure. Or maybe it's more effective to manufacture them overseas. Maybe it's not all nefarious, but the idea is to increase shareholder profits or increase the profits of the company, which I'm not necessarily against. Right.
What I'm against is when you also put these like shell companies overseas to decrease, like you create the headquarters and you put it in Dublin or something like that so you can avoid taxes. And it's a PO box, like nobody's even there. Exactly. So you can't do both. You can send the manufacturing overseas. Yes.
But at least if we're taxing the revenue of that company that's generating billions of dollars, you would like to believe that that money would come back to the American people and then we could reinvest in the American people. And then maybe there's other industries that would pop up and those jobs could transfer from manufacturing to those new ones. Yeah. Or vice versa.
But you can't do, to me, it just feels like if you do both, you are using the marketplace that America is.
But public parks is another version of this and stuff like that. You can't privatize the public park.
And I think that's why there seems to be some a lot of support for the administration right now or one reason why. And even support for the administration when it comes to tariffs. You know, when the tariffs happen and you hear about like the stock market being deeply affected, most Americans are not invested in the stock market. So they're like, I don't give a fuck.
Oh, rich people are losing some money or 50 percent. We can go off the numbers, meaning there's a large swath of Americans that don't feel directly. But here's the thing.
You're 100% right. I'm talking about the knee-jerk emotional reaction when you see people who have money and have seemingly left you behind as they've gotten richer start to suffer a little bit. You go... Yeah, I don't really care if you're suffering. In the same way that when the Palisades fires happened, there was this sentiment of like, oh, a rich person's third home is on fire.
They'll figure it out. Not this person's entire life and belongings just went up in smoke. So I think that there is this sentiment amongst a lot of Americans, you've probably experienced it where you're from, just this kind of being left behind. Yeah. And I think this taxation of these corporations is a perfect example that really justifies that sentiment.
It's like, why are you using the American marketplace and the support that we've given you and the lack of regulation? There's a reason why these companies don't sprout up in other countries. They sprout up here. And it's not just because they happen to be these unique, smart individuals. It's because there is this marketplace that allows them to thrive here.
you don't get to remove the headquarters so that you can not pay your fair share of taxes that's going to then support the next generation of people who do the same thing. But how do you tax them? What do you do?
Can I ask a question about that real quick? Is there a world where, and I doubt that this is possible, but is there a world where if they do that, it will influence companies that have gone abroad with their headquarters to come back here? I think... I'm not just trying to defend the administration.
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