Patrick Bet-David
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Appearances Over Time
Podcast Appearances
Don't worry.
Patrick's back next week.
Thank you, Sean Hannity.
Thanks, guys.
Thank you for this tour.
Why are you pulling it up, Pat?
We talk a lot about housing affordability, the price of the home, as well as interest rates, right?
But a huge chunk of that is the enormous rise we've seen in insurance costs and property taxes.
And that's part of the affordability problem that no one talks about.
Barry, thoughts on this?
What works throughout history, you know, overtax, I mean, you know, it just doesn't work because you're going to lose your, and you're already losing some of the more desirable individuals you have there.
Sure, some level of taxation,
may be appropriate but if you overtax you're going to wind up on the losing end of this there's there's only so much of this that you could do and it's easy to stay in power and it's easy to vote for it because the majority of people are going to vote it goes oh that doesn't affect me you know i don't make that much money or this and that so it's easy to vote for it but the effects that they don't realize again it is a age-old problem and it's an age-old debate but
The reason why you have to have a balance is because if you do too much taxation, you will wind up increasing the burden and reducing the quality of life to those who are left behind.
Pat, this brings up a much bigger issue.
We know that within six years, you're going to have a mandatory 23% cut in Social Security benefits.
That's just mandatory unless something changes.
But if you've looked, and there's charts.
I don't know if you could find it, Rob, where you have inflows and outflows of government money.
So the inflows...