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Podcast Appearances
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.
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.
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.
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.
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.
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.
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 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 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 you can't do, to me, it just feels like if you do both, you are using the marketplace that America is.
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.
But public parks is another version of this and stuff like that. You can't privatize the public park.
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.