David Friedberg
speaker
8,052 appearances
60 recordings
4 series
first heard Apr 2024
last heard 21 Aug
David Friedberg’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 32 in all, peaking in Jan 2026 with 6.
Appearances
And so that is a distinction that has never existed in the United States.
And I will make the retort right now to property tax because people always say to me, well, what about property tax?
A property tax is a service fee on a particular specific asset.
The money that is collected provides services for that asset to make it more valuable.
So you get roads, infrastructure, policing, fire care, schools, all the stuff that comes with property tax makes that asset more.
And you have the option at any point you want to sell that property and stop paying that property tax.
you have the option at any point to downgrade your property and get a cheaper property and pay it lower.
And here's the other important point about property tax, it's uniform.
Uniform means that everyone pays the same percentage, the same property tax rate in a county.
This asset seizure tax that's being proposed is a demographic tax.
Meaning that the state or the legislature defines a specific group of individuals.
In this case, they're saying anyone with a net worth over a billion dollars.
And then they can go and take assets from only that group.
That is non-uniform taxation.
It means that for the first time, we're saying based on the demographics of a person, meaning whatever you want to use to define that person,
in this case, their wealth, you are going to be treated differently.
And that is different than an income tax.
Because remember, when you have graduated income tax rates, and you say high earners tax more, what you're taxing is the earnings, not the individual, you're not looking through to the individual to determine whether or not they're wealthy, all you're doing is looking at the independent earnings amount that's coming in.
And so a uniformity clause is supposed to protect
people from being demographically discriminated against.
Showing 3621–3640 of 8,052 · page 182 of 403
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