Patrick Bet-David

Because people used to pay their tax on their taxes.

Why don't we come up with this?

Milton Friedman helped invent the modern income tax withholding system in the early 40s.

And he said it's the worst idea.

At the end of his life, he was like, this is one of the worst ideas I came up with.

So guess what?

There is some logic behind it because they had a hard time going and collecting.

And then it's like, why don't we just make it mandatory?

And it's like, what a great idea, Milton.

And then now you don't have a choice, and they just kind of take it out.

So when you read the history, I made a video about U.S.

taxes many, many years ago because we went and started kind of looking into this.

So I understand the argument, but sometimes even smart people come up with terrible ideas that become permanent ideas, and this is one of those ideas.

Let's go to Jamie Dimon.

Here's what Jamie Dimon just recently said, and specifically about the market, gas, and about New York City.

Jamie Dimon said,

warns of business exodus from New York City as Mamdani lefty polls push for higher taxes.

Watch the comparison he makes on the employees in New York on how much it's increased or decreased versus Texas.

Go ahead, Rob.

Good answer he's going to give.