Transcript · English

English transcript

level ongoing taxpayer. No, you should own your property free and clear. I

think to say that someone that's been in their house for 35 years just has to

keep ponying up money. Um, you know, that is not you don't own your home if

that's if that's the case. So, yes, of course, I'd like to see people be able

to owe free and clear. And it's interesting because it's like you, you

know, if I go to Best Buy and buy a flat screen TV and put it on the wall,

I gotta pay a sales tax on it, right? But I don't keep paying tax on it

every year. I mean, it's just not. That's not how we do things. It's like,

okay, if you're gonna tax something, you tax it at the transaction and then

let people actually enjoy their free, their private property free and clear

of the government. So that I think is the vision. That's the philosophical

insight. And if you think about our founding fathers when they were

proposing the Constitution in one of the federalist papers, I think it was

Hamilton. He's writing about because, you know, there was opposition of the

Constitution. They were making a more powerful federal government than under

the Articles of Confederation and people worried about taxation. And they

didn't have, obviously, a 16th Amendment, which eventually came on

income tax. But basically, you were not effectively allowed to do any direct

taxation. It had to be indirect, meaning you couldn't just I mean, you

could theoretically just apply like a tax on land federally, but it have to be

a portion among the states. So practically, it could never work. So

basically, Hamilton saying, look, the indirect taxes are the most effective,

efficient way to raise revenue for the government, because they basically

allow the individual to choose how much tax they want to pay based on how much

they're consuming. And there's a security, there's a protection against

excessive tax in that regard. Because if the government raises consumption tax

too much, it kills the golden goose, because then it causes people to stop

stop purchasing as much. But he said taxing property is one of the worst

forms of taxation, because people don't have a choice in the matter. And you're

just basically drilling these folks over and over again on tax. And so it's

um, yeah, it's an issue that I think has pinched a lot of people. But

philosophically, it was not the way that that the federal government was

constructed. Now, I understand local, there was a history of it. And that's

kind of been kind of been the norm. But man, I mean, you talk about family of

four having the median home price that is purchased in Florida, you know,

that's a pretty hefty tax bill right there. When you come in after buying up

buying a home, when you consider what the average income is throughout the

United States of America, the math doesn't, it just doesn't add up. And I

think that's why people want relief.

End of transcript · 520 words

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