Timcast IRL - Tim Pool - Trump Just FIRED OVER 6,700 IRS Agents In PURGE, Democrats SOMEHOW Angry w-Chloe Cole | Timcast IRL

00:00:00.000 Donald Trump, he's given us a gift.

00:00:29.000 He has ordered the firing of 6,700 IRS agents, and somehow, somehow, Democrats are angry about this, and somehow, progressive activists are angry about this.

00:00:43.000 Now, what I'm so just darn confused by is these far-left extremists should be very happy with the destabilization or, I guess, the gutting of the federal government, right?

00:00:55.000 Okay.

00:00:56.000 The other story we have is a Tesla location was just shot up with stickers slapped on the window saying, well, I don't want to repeat this, but they were calling for harm to Elon Musk.

00:01:07.000 And I'm just so gosh darn confused about this.

00:01:10.000 The Antifa far leftists believe that the U.S. government is a fascistic terror state.

00:01:15.000 And Donald Trump gets in and he's like, I'm going to fire everybody.

00:01:17.000 And they're like, no, wait, don't.

00:01:19.000 Elon Musk comes in, he's like, we're gonna fire everybody and work with Trump.

00:01:23.000 That was actually like an Elon-Trump combo.

00:01:24.000 And then the activists are like, they go and they shoot up a Tesla location? 0.99

00:01:29.000 I gotta be honest, I think these people are fascists.

00:01:33.000 So we'll talk about that, plus...

00:01:34.000 Donald Trump has declared the cartels to be terrorist organizations, which opens the door for drone strikes on them in Latin American countries. 0.98

00:01:42.000 Holy crap. 0.93

00:01:43.000 He then called Zelensky a dictator for refusing to have elections. 0.98

00:01:46.000 And the Washington Post said he called Zelensky a dictator without evidence.

00:01:51.000 Despite the fact that the statement was literally dictator with no elections.

00:01:54.000 I just, I gotta say, I absolutely love how the media has no ground left.

00:02:01.000 Nothing they say makes sense.

00:02:03.000 The far left activists, nothing they say makes sense.

00:02:06.000 You know, during the first Trump term, at least there was some semblance of a counter argument.

00:02:10.000 Trump says, I'm going to hire Bolton.

00:02:11.000 The Democrats are like, no, wait, that's a really bad idea.

00:02:14.000 And then some libertarians were like, we also agree.

00:02:15.000 And we're like, here's this conflict.

00:02:17.000 Then Donald Trump says, I'm going to fire a bunch of IRS agents.

00:02:21.000 And somehow progressive activists and Democrats are all on board with the federal government now.

00:02:26.000 Seems to me they have no real convictions and Trump is exposing them for who they are.

00:02:30.000 We're getting into all that, my friends, but before we do, we got a great sponsor, probably the best possible sponsor for this story.

00:02:37.000 It's Tax Network USA. The IRS is the largest collection agency in the world, and with April 15th fast approaching, it's more aggressive than ever.

00:02:47.000 Well, they're getting a lot of people fired. 0.92

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00:03:02.000 Getting ahead of this now is a smart move, but never, never contact the IRS alone.

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00:03:36.000 Don't let the IRS control your future.

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00:03:47.000 That's T-I-M. April 15th, just around the corner. 0.74

00:03:49.000 Act now before the IRS acts first.

00:03:52.000 And I also want to mention, too, I have personally recommended them to some of my friends who are dealing with tax issues, too.

00:03:57.000 So special thank you to Tax Network for sponsoring the show.

00:04:00.000 Really do appreciate it.

00:04:01.000 And also, if you guys head over to rumble.com slash timcast IRL, take a look at the playlists, and then take a look at Game of Money.

00:04:10.000 Jump to minute 19 and 19 seconds, and there's 25-year-old me hanging out in New York City in this feature documentary, Game of Money, with my buddy Harrison.

00:04:20.000 So we got a couple feature-length documentaries.

00:04:22.000 You can check out Rumble Premium.

00:04:23.000 Of course, after this show, we have the uncensored call-in show up.

00:04:26.000 So that's going to be available for all Rumble Premium users at rumble.com slash timcast IRL. We've got delicious coffee at castbrew.com.

00:04:34.000 Stock up if you haven't already.

00:04:36.000 I can't stop selling Ian's.

00:04:37.000 Ian's just selling all this coffee.

00:04:38.000 It's crazy.

00:04:39.000 You can buy Ian's Graphene Dream.

00:04:40.000 You can also go to boonieshq.com and pick up the 28th Amendment skateboard, the right to keep, bear, and breed chickens, which also is interpreted to mean you have the right to grow your own food, and I firmly, I absolutely do believe in that message.

00:04:55.000 Don't forget to smash the like button, share the show with everyone you know.

00:04:58.000 Joining us tonight to talk about this and so much more is Chloe Cole.

00:05:01.000 Hi.

00:05:02.000 Who are you?

00:05:03.000 What do you do?

00:05:04.000 I am a—I primarily speak on the gender issue, and I advocate for the protection of children and vulnerable people from irreversible and harmful gender-transition treatments.

00:05:17.000 And this mainly comes from my own experience as somebody who's been through the system myself as a child.

00:05:23.000 Interesting.

00:05:24.000 And another story we do have.

00:05:25.000 RFK Jr. has just announced, as per HHS guidelines, woman is adult human female.

00:05:31.000 So thanks for hanging out.

00:05:34.000 It should be interesting.

00:05:35.000 We have Alad hanging out.

00:05:36.000 Hey, everybody.

00:05:37.000 What's up?

00:05:37.000 My name's Alad Eliyahu.

00:05:38.000 I'm a journalist here at TimCast.

00:05:40.000 Chloe, it's so nice to have you on tonight.

00:05:42.000 I've been following your story for years, and I'm happy to see the tide finally turn on this issue, especially with Trump coming into office.

00:05:50.000 And we'll dive into that a little bit more later.

00:05:52.000 What's up, Raymond?

00:05:53.000 Hey, bud.

00:05:53.000 Good to see you here.

00:05:54.000 I'm looking forward to talking to my first Neocon.

00:05:57.000 What's up, guys?

00:05:58.000 It's Raymond G. Stanley Jr. I work here.

00:06:00.000 I do good things.

00:06:01.000 I'm blue-collar, a U.S. Marine Corps veteran.

00:06:03.000 I also want to shout out Mr. W. David Lilly.

00:06:07.000 He painted a beautiful painting of Roberto Jr. How dare you?

00:06:15.000 Bro.

00:06:18.000 Thinest of ice now.

00:06:19.000 Thinest of ice.

00:06:21.000 My apologies.

00:06:22.000 Rest in peace, Roberto Jr. Phil?

00:06:25.000 Hello, everybody.

00:06:26.000 My name is Phil Labonte.

00:06:27.000 I'm the lead singer of the heavy metal band All That Remains.

00:06:29.000 I'm an anti-communist and a counter-revolutionary.

00:06:31.000 Let's go.

00:06:31.000 Here's the story from The Independent.

00:06:34.000 IRS to fire 6,700 staff in Trump and Musk's doge purge.

00:06:41.000 Let's go.

00:06:41.000 I love how they call it that.

00:06:42.000 Weeks before deadline to file taxes.

00:06:45.000 I just, just...

00:06:46.000 I'm begging you.

00:06:48.000 Liberals, stop! 0.90

00:06:49.000 It's the IRS! Nobody likes them!

00:06:52.000 Why do you keep trying to make them likable?

00:06:55.000 They're trying to create...

00:06:56.000 They're saying, right before you have to file your taxes.

00:06:59.000 Yeah, well, they're the reason we're stressed about our taxes in the first place.

00:07:02.000 I gotta tell you, the worst thing...

00:07:03.000 You know what the worst thing is?

00:07:04.000 When you're running a business?

00:07:05.000 See, when y'all get your...

00:07:07.000 W-4s or W-2s?

00:07:10.000 W-2s, yeah.

00:07:12.000 You get those.

00:07:13.000 Like in January or whatever, if you've got a good company, you can file your taxes right away.

00:07:16.000 I remember back when I was just doing W2, I'd get my forms and I'm like, I'm going to file right away and get it over with.

00:07:21.000 I want my refund.

00:07:22.000 Running a business, it's always down to the very last day.

00:07:26.000 Because you've got all these different accounts, you've got all of these different invoices, you're chasing after everything, they're trying to collect everything, and then we're sitting here being like, we've got to wait four months, and then, as business owners, we don't get refunds.

00:07:40.000 We get to learn how much more we have to give the government.

00:07:43.000 To be fair, I guess it's better that we didn't overpay them.

00:07:46.000 But it's absolutely fascinating.

00:07:48.000 Donald Trump, Elon, and Doge are making this move.

00:07:51.000 They're targeting 6,700 probationary employees.

00:07:55.000 And Independence says, in the middle of tax season.

00:07:58.000 They're trying to somehow turn this into a bad thing for all of you. 0.95

00:08:02.000 I find it to be absolutely silly.

00:08:04.000 But once again, I will reiterate, please, Democrats, do not stop doing this.

00:08:08.000 I want to win the midterms.

00:08:09.000 I mean, the fact that the Democrats are siding with big government isn't a surprise.

00:08:17.000 They have long denied it and said, no, we're not.

00:08:21.000 We just want to be compassionate, blah, blah, blah.

00:08:24.000 They have consolidated power in the government and they don't want to give it up.

00:08:29.000 They like the fact that organizations like USAID were funneling money to their favorite NGOs to...

00:08:36.000 Push their political agendas on the backs of all Americans.

00:08:42.000 I'm not sure how the average person...

00:08:47.000 Any sane person is going, wow, that's really great.

00:08:50.000 So I listen to this show called, there's this platform called Two Way, this guy, Mark Halperin, that used to be on MSNBC, and Sean Spicer's on his show a lot, and he gets a lot of normie people that are looking to avoid the partisan stuff that happens a lot in most news outlets.

00:09:07.000 And to listen to people talk about Musk...

00:09:10.000 And the stuff that he's doing, there are still a lot of people that are very plugged into the propaganda from the standard news media.

00:09:18.000 Well, I know a lot is a big fan of the IRS. No, I'm not a big fan of the IRS. Well, you can't afford that mustache, that Bolton-esque mustache.

00:09:26.000 Well, but how are you going to fund your wars?

00:09:29.000 We fund our wars.

00:09:32.000 Good question.

00:09:33.000 Well, through the trade that our military is able to facilitate.

00:09:38.000 I guess.

00:09:38.000 What do you mean?

00:09:39.000 What?

00:09:39.000 Because our Navy is what allows free trade to happen on planet Earth.

00:09:44.000 So without our...

00:09:45.000 Wait, are we charging people for that?

00:09:46.000 No, I don't think so.

00:09:48.000 Should we?

00:09:49.000 Yeah, we should.

00:09:50.000 Maybe.

00:09:50.000 Okay.

00:09:51.000 Or we should actually use that influence to get countries to do what we want them to do, which is what we do.

00:09:57.000 They gotta pay.

00:09:58.000 I mean, with the Panama Canal, they should be paying.

00:10:01.000 We built it.

00:10:02.000 It's American.

00:10:03.000 And now the Northwest Patches is coming.

00:10:05.000 The U.S. definitely wants to control that. 0.93

00:10:07.000 But, yeah, maybe we got to stop doing all this work for free around the world.

00:10:12.000 You know what I'm saying?

00:10:12.000 Maybe we get rid of the income tax.

00:10:14.000 We go with tariffs, and we go with control of these canals that we built.

00:10:18.000 Maybe if we fire these 6,700 staff from the IRS, the West Virginian tax officials won't come after me from trying to pay tax in multiple states.

00:10:26.000 Wrong guy.

00:10:27.000 Trying to get me to pay. 0.65

00:10:27.000 So that's a whole other component of the West Virginia ridiculousness, is that... 0.65

00:10:33.000 They're trying to require out-of-state residents to pay taxes in the state because they sold a product to the state. 0.58

00:10:39.000 It's absolutely insane.

00:10:40.000 I don't want to just keep going over and over on that story, though, but it's almost like the government is broke, and they're desperately trying to squeeze as much money out of you as possible.

00:10:51.000 Now, let's just go back in time a little bit.

00:10:53.000 Remember when the Democrats hired 87,000 IRS agents?

00:10:56.000 Yep.

00:10:57.000 Yeah, and then they started tracking any purchase or transaction, $600 or over.

00:11:02.000 They're trying to tax the poor.

00:11:05.000 They are trying to tax the poor.

00:11:07.000 The IRS has come out and said that taxing the poor is more effective than going after the rich because the rich can afford to fight in court.

00:11:17.000 If you're going after a rich guy for two and a half million dollars of unpaid taxes, he will absolutely blow a million dollars taking you to court.

00:11:29.000 And the government's got to...

00:11:30.000 That's money the government has to spend. 0.99

00:11:33.000 They're not going to get the money out of...

00:11:34.000 The guy's going to drag it out as long as possible.

00:11:36.000 Because if I were being...

00:11:38.000 If the government were like, hey, we're after you for a million dollars and I had the money for it, I'd be like, well...

00:11:43.000 I'll spend $999,999 to make sure that you don't do that.

00:11:50.000 And it's particularly the probation folks.

00:11:52.000 He's been firing folks who have been probation for the government service.

00:11:55.000 Yeah, they're new.

00:11:55.000 That's all it is.

00:11:56.000 Goodbye.

00:11:57.000 It's the same thing.

00:11:57.000 Sorry, folks.

00:11:58.000 You know, Chloe, you're not a heavy news culture and conflict commentator, so I feel like the IRS stuff is probably outside your wheelhouse.

00:12:08.000 Yes.

00:12:09.000 I'm slowly moving in that direction, but this is kind of foreign to me.

00:12:13.000 Perfect.

00:12:14.000 Do you like the IRS? Not really.

00:12:16.000 All right!

00:12:17.000 That's the point.

00:12:18.000 I'm glad you're here, because all of us, we sit here, we read or watch the news all day, every day.

00:12:24.000 We deal with filing our taxes.

00:12:26.000 In this regard, I know you're a specialist in a specific cultural area, but in this regard, you're more of a layman.

00:12:32.000 And if you don't like the IRS, then I am right.

00:12:35.000 No one likes the IRS. I don't know any American.

00:12:38.000 Let me steal, man, I think this argument, I don't necessarily agree with it, but I think the argument goes along the lines of because it's the most difficult to tax and follow up with the highest earners who are able to avoid the taxes in the most lucrative ways that we need all of these people and that the tax revenue that they will bring in will out-earn the kind of cost that it costs to employ these people.

00:13:02.000 Is there argument?

00:13:04.000 The argument that they make, oh, we need to get the billionaires and millionaires to pay their fair share.

00:13:10.000 That's BS right off the start.

00:13:13.000 Like, it's a non-starter.

00:13:14.000 We need to have these...

00:13:15.000 87,000 agents so they can go after the millionaires and billionaires, blah, blah, blah.

00:13:20.000 But then the IRS itself says, we don't go after those people because it's not worth the effort.

00:13:26.000 So they're actually hiring those people to go after the regular people.

00:13:30.000 Right now, I guarantee you, Democrats and liberals are probably making YouTube videos where they're like, Elon Musk is firing IRS agents so that he and his crony buddies don't have to pay taxes.

00:13:41.000 Let me just explain something.

00:13:43.000 It takes one IRS agent.

00:13:45.000 To handle an account of a billionaire.

00:13:48.000 Now, if they want to do a full audit and go through everything, it can take a lot more agents than that.

00:13:52.000 But the decision to target an individual and look at their general finances is not the most complicated thing in the world.

00:13:58.000 What's impossible for the IRS is to go after three million individuals.

00:14:02.000 Let me put it this way.

00:14:03.000 One billionaire, as Phil already pointed out, and we as a corporation, and every corporation deals with this.

00:14:09.000 If the IRS comes to you and says, we think you owe X amount of dollars, you look at your tax lawyer and you say, do we owe that?

00:14:15.000 And if you say no, I say, okay, it's going to be cheaper for my tax attorney to deal with this.

00:14:19.000 Or, you know, you call Tax Network USA. That's a really good example.

00:14:22.000 That's why I said we have like the best possible sponsor for tonight's show.

00:14:25.000 Imagine you owe $10 million, like they said in the ad.

00:14:28.000 Yo, it's not going to cost you that much to call Tax Network.

00:14:31.000 And have them resolve, Tech Network USA, and have them resolve your issue.

00:14:34.000 The IRS is going to waste their time.

00:14:35.000 They're going to say, they're going to cave.

00:14:36.000 They're going to be like, okay, fine.

00:14:38.000 They're going to send their 6,000 agents after 6,700 people.

00:14:42.000 And not just that.

00:14:44.000 6,700 agents, each one of those agents can probably send a letter to 50 people.

00:14:50.000 And that's just in what?

00:14:51.000 Like one week?

00:14:52.000 How many letters are they going to send out?

00:14:54.000 So if they're going over all these accounts, and they're like, look, I've got 10,000 people that each own an average of $10,000, it's like, oh, wow.

00:15:01.000 Well, now we're talking about large stacks of cash, but you need a lot of people to go after it.

00:15:06.000 Go after a billionaire, he's going to fight you tooth and nail.

00:15:09.000 I think it's actually probably easier to explain like this.

00:15:12.000 If a billionaire owes $10 million, he will spend $9 million to save that extra million.

00:15:17.000 Good luck in court.

00:15:19.000 A regular person owes $10.

00:15:22.000 He's sending you $10 with no fight.

00:15:23.000 So if you can get as many people as possible to send you $10, none of them will fight it.

00:15:28.000 That's what the IRS is all about.

00:15:30.000 That's what they're doing.

00:15:31.000 And I don't care if they're probationary or otherwise.

00:15:34.000 And I don't care what they were doing. 0.52

00:15:35.000 Fire them all, as far as I'm concerned.

00:15:37.000 And the billionaires, the rich folks, they know the loopholes.

00:15:41.000 They can get away.

00:15:43.000 You know, let me explain it like this.

00:15:45.000 I don't actually think it's fair, necessarily, to call them loopholes.

00:15:49.000 You know, before I owned a business with a lot of employees, loophole seemed to make sense.

00:15:55.000 When you actually get into all of the taxes, there's no loopholes.

00:16:00.000 There's literally just what the law is.

00:16:02.000 Because the IRS agents know exactly when and when and when not a billionaire is going to pay.

00:16:09.000 It's not a loophole.

00:16:10.000 They're just like, oh, you don't got to pay taxes for this thing.

00:16:14.000 So the way it's phrased by activists...

00:16:17.000 Particularly on the left, they're like, billionaires use loopholes and not pay taxes.

00:16:21.000 And I'm like, when you claim Amazon paid no taxes, what you're basically saying is that they reinvested the funds or their margins were slim and reinvested.

00:16:29.000 The IRS knows that.

00:16:31.000 So it's not a loophole.

00:16:33.000 It's literally the purpose of tax law.

00:16:37.000 So the funny thing I hear from a lot of people is that if we lower taxes, you'll create more jobs and things like that.

00:16:45.000 And that's technically true.

00:16:47.000 But technically not true.

00:16:48.000 There's a happy medium and you have to know where it is.

00:16:50.000 So if I was told, hey, they're increasing the corporate tax rate to 70%, I'd be like, wow, okay, well, we better reinvest that as much as we can.

00:17:01.000 So what would we do here?

00:17:02.000 We'd hire as many people as we could because we're going to lose all that money if we don't.

00:17:06.000 So it's not necessarily true that lower taxes means more hiring or the other way around.

00:17:10.000 It just really depends.

00:17:11.000 But you'll hear from a lot of these activists.

00:17:14.000 They will say whatever they need to say to confuse you.

00:17:17.000 They will say, billionaires don't pay taxes because it's a loophole.

00:17:19.000 And I'm like, no, Elon Musk isn't paying billions of dollars in taxes because he doesn't actually have cash.

00:17:24.000 That's not a loophole.

00:17:25.000 Okay, well, he made X amount of profit last year, and I'm like, and it's locked up in stock.

00:17:30.000 We don't have to call it a loophole, but it is a sort of workaround that is an issue with the ultra, ultra wealthy.

00:17:37.000 Well, whatever.

00:17:38.000 There are laws created that allows them to pay...

00:17:42.000 Much less than even an ordinary person does in taxes.

00:17:46.000 And I'll explain to you how it goes.

00:17:48.000 I'm not talking about Amazon the corporation, but Jeff Bezos, for example, was famously paid something like only $100K $83,000 while he worked there, but the shares and his net worth was a lot higher than that.

00:17:59.000 So while he was paying a lower marginal tax, his net worth was like...

00:18:03.000 That's not cash.

00:18:04.000 I understand it's not cash.

00:18:05.000 Hold on, hold on, hold on.

00:18:06.000 You want to play a game?

00:18:07.000 No, no, no.

00:18:07.000 I don't support this, and I don't even support a wealth tax, but I'm saying these are ways...

00:18:12.000 It's not a loophole.

00:18:13.000 It's just a generic term.

00:18:14.000 There are laws made for the ultra-wealthy such that it allows them to pay less taxes than a much poorer person.

00:18:21.000 That's absolutely not true.

00:18:22.000 Which part of it?

00:18:23.000 Absolutely not true.

00:18:25.000 First of all, the wealthy pay substantially more taxes on average than any...

00:18:30.000 If you look at the curve, it's a parabolic curve.

00:18:33.000 The higher the income, the more taxes they pay.

00:18:35.000 In total.

00:18:36.000 I think, what is it, like the top 1% pay something like 47% of all taxes?

00:18:41.000 Jeff Bezos pays the same income tax that every American pays.

00:18:45.000 He then pays capital gains tax, and the activists argue that capital gains should be income, and that by not paying the same amount on capital gains as you do on your income, that's a loophole.

00:18:56.000 That's not correct.

00:18:57.000 Well, as I understand, he hasn't sold a lot of his stocks when he wasn't allowed to.

00:19:01.000 Well, when he was employed there.

00:19:02.000 First of all, stock is not cash and can't be spent.

00:19:05.000 Yep.

00:19:05.000 So you can't claim that he should be taxed on something that's not money.

00:19:08.000 But let's play this game.

00:19:09.000 I have in my hand a tech deck fingerboard that I put together myself.

00:19:13.000 Now, how much do you think someone will be willing to pay for Tim Pool's fingerboard that he actually uses during the show and does dollars with?

00:19:21.000 What do you think?

00:19:21.000 $3.50.

00:19:22.000 $3.50?

00:19:23.000 Okay.

00:19:23.000 $5.56.

00:19:24.000 It's now Elad's.

00:19:25.000 Elad, you've got to pay the government $100 taxes, income, because I gave you that.

00:19:29.000 Simply by that being yours, that was cash.

00:19:32.000 That was a transaction.

00:19:33.000 That's how the taxes work.

00:19:35.000 You now owe money on that.

00:19:36.000 That's income.

00:19:37.000 I guess I'd be in the hole.

00:19:39.000 But Tim, let me ask you.

00:19:40.000 So Jeff Bezos was getting paid $80,000 a year while he was the CEO of Amazon, and he was worth something like hundreds of millions of dollars because of the Amazon, because of Amazon stock and billions.

00:19:50.000 It depends on all the time.

00:19:51.000 I understand.

00:19:52.000 Do you think he should only owe taxes on the KD3? Calm down, Phil.

00:19:56.000 So you think Jeff Bezos should only owe whatever?

00:19:59.000 Okay, Elad, how would he pay taxes on money he doesn't have?

00:20:04.000 I just think there's a—well, that's the workaround.

00:20:07.000 So if you have above a certain amount, I think people argue that you should be forced to sell a small amount.

00:20:13.000 No!

00:20:13.000 Oh my god, Elad, please.

00:20:15.000 That's the argument.

00:20:16.000 That's not what— Elad, stop.

00:20:17.000 Just stop.

00:20:17.000 Calm down.

00:20:18.000 Let me explain.

00:20:19.000 If Jeff Bezos could, which he legally can't because there's fiduciary responsibility to a company, meaning, one, he has a contract that bars her from selling stock.

00:20:29.000 Unless a certain threshold of stock value is met.

00:20:32.000 Two, if he dumps stock, the stock price collapses, and it could cause the company to spiral into a freefall.

00:20:38.000 The stock is used to generate revenue for the company to operate if they're not generating substantial revenues.

00:20:42.000 If Jeff Bezos was ordered by the government to violate his contract and sell stock so that he could cover the wealth tax they put on it, the company would enter freefall.

00:20:53.000 Everyone would dump the stock overnight.

00:20:54.000 It would become worthless, and then paradoxically, Jeff Bezos' net worth would be $100 million, and then he wouldn't owe those taxes in the first place.

00:21:01.000 The issue at hand here is that there's clearly an issue with how we're taxing people like this.

00:21:06.000 If you think Jeff Bezos should only owe money on his $83,000 of income while he was working there, And not anything on any of the hundreds of millions of dollars that he had in stock and net worth.

00:21:19.000 There's a serious issue there.

00:21:21.000 Because there are people who are making hundreds of thousands of dollars who are, again, paying more than Jeff Bezos was at the time.

00:21:27.000 And if you don't think there's any issue with somebody like that paying significantly less than, again, people like millions.

00:21:32.000 People making millions.

00:21:33.000 I'm going to mute you if you just keep ranting and saying wrong things over and over again.

00:21:37.000 He did not make cash.

00:21:39.000 There's no income.

00:21:40.000 I said his net worth.

00:21:41.000 His net worth is paper that exists in a nebulous concept in the mind.

00:21:45.000 Do you know what paper value means?

00:21:47.000 How much is Jeff Bezos worth?

00:21:48.000 I think $170 billion.

00:21:50.000 Okay, and when he was CEO of Amazon, what does his net worth mean?

00:21:54.000 It means your culmination of your assets.

00:21:56.000 Okay, and where does the value of those assets come from?

00:21:58.000 The demand for them.

00:22:00.000 And what happens if the government says, we are seizing your stock?

00:22:04.000 The stock value will go down.

00:22:05.000 And then what does he owe?

00:22:06.000 Nothing?

00:22:07.000 He'll owe some?

00:22:08.000 The issue is that he should be paying more.

00:22:11.000 More?

00:22:12.000 What?

00:22:12.000 He has no cash.

00:22:14.000 No, he's purposefully setting up his assets in such a way that this will be the net result.

00:22:20.000 And this is what people are talking about when people like Raymond were saying the loophole.

00:22:24.000 If he sells the stock, he has to pay on the realized gain of all of the cash he brings in.

00:22:32.000 Sure, but Tim, you understand that he's purposefully taking a low income on purpose.

00:22:38.000 He was taking a low salary on purpose to be able to affect this loophole.

00:22:42.000 And that is the issue at hand.

00:22:43.000 No, he purposefully set it up this way.

00:22:45.000 So he would fundamentally misunderstand how any of the corporate structure works in this country.

00:22:50.000 Let's try this.

00:22:50.000 Let's start.

00:22:50.000 Slow down.

00:22:51.000 What is a C Corp?

00:22:53.000 There's like a C-Corp and an S-Corp.

00:22:54.000 I don't know.

00:22:55.000 Off the top of my head, I don't know the exact difference.

00:22:58.000 You don't know why they exist.

00:22:58.000 Okay, first...

00:22:59.000 Once for an individual, I believe, and once for a group.

00:23:01.000 No, no.

00:23:01.000 But you can go ahead.

00:23:02.000 Right, so the issue here is, if you don't understand something as basic as like, they have B-Corps now, LLCs.

00:23:09.000 An S-Corp technically is an LLC. A C-Corp is as well.

00:23:12.000 There's special classifications.

00:23:14.000 If you don't know what those mean, I mean, that's 101. So if you look to a CEO who's running a company and then you go, he should pay money on money he doesn't have, is what you're saying, because the company he runs is worth a lot of money.

00:23:30.000 We have a problem here where logic has failed.

00:23:35.000 My point is, let's start with...

00:23:37.000 You don't even know what a C-Corp is, so let's not play the game of you think Jeff Bezos intentionally took an action to obfuscate his wealth and avoid paying taxes.

00:23:46.000 You don't think that's what he's doing here?

00:23:48.000 No.

00:23:48.000 That he did?

00:23:49.000 Okay.

00:23:49.000 That is applying malintent to a man who is probably just abiding by tax law as he's instructed by his lawyer.

00:23:55.000 In order to achieve what?

00:23:57.000 The loophole.

00:23:58.000 It's not a loophole when you're doing what the law tells you you have to do.

00:24:02.000 I think it's a distinction without a difference.

00:24:04.000 They set up the law in such a way to act as a loophole.

00:24:08.000 There's a loophole.

00:24:09.000 An individual is doing something maliciously, whereas what's actually happening is he called his lawyer and said, how am I supposed to do this?

00:24:16.000 And they said, based on U.S. tax code 531C, you have to do this, you have to file this, and you have to pay yourself this.

00:24:23.000 When I first started this company, my accountant told me, here's the range at which you can pay yourself.

00:24:27.000 I said, okay, then I'll just choose a number.

00:24:30.000 We have profits for this company.

00:24:31.000 Profits taxed at a lower margin than employment.

00:24:33.000 So CEOs want to pay themselves less, but there's an expected market value.

00:24:40.000 Here's another thing I don't think you understand.

00:24:41.000 We cannot pay people above market rate.

00:24:44.000 You can try to justify it.

00:24:46.000 You're opening yourself up to an audit.

00:24:48.000 I go to my account and I say, hey, we got this guy.

00:24:49.000 He's a big talent.

00:24:50.000 I want to pay him a million dollars.

00:24:52.000 They say, what's his job?

00:24:54.000 Oh, he's a musician.

00:24:56.000 Do session musicians get paid a million dollars?

00:24:58.000 Not often.

00:24:58.000 Okay, you're going to have to justify to the IRS when they audit you why you're paying someone so high above market.

00:25:03.000 You shouldn't do that.

00:25:05.000 I say, oh, see, because the tax code works like this.

00:25:07.000 Okay, it's not a loophole when the government passes a law that makes you do these things.

00:25:11.000 The loophole is a term used by activists to go after people who are wealthy and claim they're doing something maliciously when they're doing what they're contractually obligated to do or what the government requires them to do.

00:25:20.000 If the government law, if the law exists and is solidified and then a company forms and they say, how do we create a pay structure for for the person who runs this company?

00:25:30.000 Well, based on the law, we have to do these 10 things.

00:25:33.000 OK.

00:25:33.000 And then you come out and go, aha, he's cheating by using a loophole.

00:25:36.000 And he's like, what do you mean?

00:25:37.000 The law was there before we started the company.

00:25:39.000 And my lawyers told me that's how I had to do it.

00:25:41.000 I think there's an issue with the way our laws in this country are set up to tax in particular the ultra wealthy, the top 100, which are in a different scenario than even the top 10,000 people.

00:25:52.000 So there's there's an.

00:25:54.000 So you're more like a communist?

00:25:57.000 No.

00:25:57.000 Hold on.

00:25:58.000 You think we should...

00:26:00.000 Tax people on cash they don't have because there is an ascribed market value in the imagination.

00:26:05.000 I don't know the exact solution for how to tax people who are in the top 10 amount of wealth, but if you look at the amount they pay compared to the amount that the top 10,000 earners are, is no.

00:26:17.000 You are wrong.

00:26:19.000 It is substantially higher.

00:26:20.000 What you're talking about would mean that people that are pensioners, that are on fixed income...

00:26:27.000 I'm talking about top 10ers.

00:26:29.000 Stop.

00:26:29.000 Talking over people, let me finish, because what you're talking about is talking about taxing unrealized gains.

00:26:37.000 I don't know how else to explicitly say I'm talking about the top earners and top net worth individuals in our society.

00:26:46.000 That's who I'm talking about.

00:26:48.000 Elad, stay with me here.

00:26:50.000 The method to do what you're...

00:26:52.000 Phil, you could have carve-outs.

00:26:54.000 If we're talking about specific people, we could have the law set up.

00:26:59.000 Here's a Jeff Bezos law and an Elon Musk law. 0.99

00:27:02.000 You're an insane person. 1.00

00:27:04.000 Let's just write it in. 1.00

00:27:05.000 Elad votes. 0.99

00:27:06.000 What?

00:27:07.000 Well, you know I... Abstain because I try to have journalistic integrity.

00:27:12.000 But if we do want to wrap it back around to this Doge story, I think it's interesting what stories a Doge cutting, what news stories of Doge cutting we choose to pay attention to because, you know, on the left, they'll focus on stories like, oh, in the middle of Africa, they're cutting healthcare that saved tens of thousands of Africans and then they talk about that and they talk about how, oh, they're cutting different people, different parts.

00:27:36.000 I drew you a picture.

00:27:37.000 Maybe the picture can help.

00:27:39.000 This is a graph made by Chad GPT of total taxes paid by income bracket.

00:27:44.000 Why?

00:27:45.000 That's interesting.

00:27:46.000 Total real taxes paid in billions by income bracket, and somehow the wealthiest individuals are paying the overwhelming majority of all taxes.

00:27:52.000 What percent?

00:27:52.000 I can't see the number.

00:27:54.000 Is the wealthiest?

00:27:54.000 It's not percent.

00:27:55.000 It's $1 million plus.

00:27:56.000 Okay, I'm talking about the top net worth individuals, which are different than the top 1%.

00:28:02.000 That's included.

00:28:03.000 What was Bezos' income per year?

00:28:07.000 Was it one million?

00:28:08.000 No, it wasn't.

00:28:09.000 Was it one million?

00:28:10.000 It was less, but his net worth was in the hundreds of millions.

00:28:13.000 It was one million dollars.

00:28:14.000 Okay.

00:28:15.000 It was one million dollars.

00:28:16.000 So if you look for a more specific graph...

00:28:17.000 What's one million divided by 12?

00:28:21.000 You tell me.

00:28:21.000 Is it around $80,000?

00:28:23.000 Okay.

00:28:23.000 F. Bayless was intentionally paying himself a million dollars, plus he was getting an additional million dollars in benefits.

00:28:28.000 He was getting a million dollar bonus plus a million dollar salary.

00:28:32.000 This isn't talking about the specific details that I'm trying to explain to you guys about top net worth individuals that are getting bumped into the top 1%.

00:28:39.000 Everybody understands that you want taxes that are specific to the individual.

00:28:43.000 You just said that.

00:28:44.000 You must not hear.

00:28:46.000 I'm talking about the top ten hundred net worth individuals who have completely unique situations.

00:28:52.000 You're not articulating yourself clearly.

00:28:54.000 You just said unique situations.

00:28:56.000 That means you want targeted taxes.

00:28:57.000 Let me finish so I can make sure that I understand.

00:29:01.000 For specific people that make an amount of money that you deem as enough, you want specific tax law for individuals specifically because they make too much. 0.98

00:29:12.000 That's unconstitutional, you psychopath! 0.98

00:29:15.000 It's unconstitutional. 0.98

00:29:16.000 We have a progressive tax law already.

00:29:19.000 You want tax law aimed at people that will make people that make money leave the country.

00:29:26.000 We're going to go to the next story, but I'm going to say this.

00:29:28.000 Elad is simply just trying to say anything that gives him the correct position in the argument, even though nothing he said has even aligned with anything he said prior.

00:29:34.000 Right?

00:29:35.000 You just keep changing what you're saying.

00:29:37.000 No, you guys just aren't listening to what I'm saying.

00:29:40.000 I believe in a progressive tax rate.

00:29:43.000 Let's go one point at a time.

00:29:45.000 What is a progressive tax rate?

00:29:46.000 The more income that you have, the higher income that you have, the higher percentage that we tax you at.

00:29:51.000 And how does a progressive tax rate work?

00:29:53.000 The more income that you earn, there are different brackets.

00:29:56.000 Let's say if you earn, I don't know, up to 50k, it'll be something like 15-20%.

00:30:00.000 Then you go to 100k, it'll go up to like 20, 200k, 25. The issue is when you get to these...

00:30:07.000 Are you saying that if you pay 100k, you would have to pay 30,000 in taxes, but if you paid 50k, you'd pay 5,000 in taxes?

00:30:14.000 The issue is with the top individuals that I'm talking about specifically that don't pay taxes in a normal way.

00:30:21.000 And what does that mean, a normal way?

00:30:23.000 So again, people like Jeff Bezos, where their net worth is bound up in, again, some of the biggest companies in the world right now.

00:30:31.000 Do you have stock?

00:30:32.000 Yes, I do have stock.

00:30:33.000 Are you paying taxes on that stock?

00:30:34.000 When I sell, I do.

00:30:36.000 Oh, so Jeff Bezos should have to pay when he doesn't sell?

00:30:38.000 No, but see, Tim, here's the issue.

00:30:40.000 I'm not comparable to Jeff Bezos in any way.

00:30:42.000 It doesn't make sense to tax me in any similar way that you're going to tax Jeff Bezos.

00:30:47.000 Slow down, slow down. 0.76

00:30:49.000 But that's my point.

00:30:50.000 Slow down.

00:30:51.000 Okay, let's try this again.

00:30:52.000 So you're saying that at a certain level of imagined wealth, it's called imaginary wealth.

00:30:57.000 There's real wealth and then imaginary.

00:31:00.000 The value of stock is considered imaginary, and that's the actual term.

00:31:03.000 So you believe that there should be a law that states at a level of imaginary wealth, we should take cash from you, real wealth.

00:31:12.000 So I'm not...

00:31:13.000 Sure about the specific mechanisms of how the laws will be set up.

00:31:17.000 I think there are issues with how we tax our top net worth individuals in this country.

00:31:23.000 And I think that's plain and obvious.

00:31:25.000 That they pay less than the people...

00:31:27.000 Hold on, hold on.

00:31:28.000 I showed you the graph.

00:31:29.000 They don't pay less.

00:31:30.000 All right, so again, I was telling you, this graph isn't specific enough.

00:31:33.000 So the top 1% is over-inclusive to the top income earners in our country.

00:31:38.000 So within the 1%, there's a 1% issue of the 1%ers.

00:31:43.000 You need to slow down.

00:31:44.000 We don't need a higher bracket than $1 million income per year to show that the bracket of $1 million up to infinity pays substantially more taxes than all other income brackets.

00:31:57.000 Despite the fact they make up 1% of the tax base, they are paying somewhere around 60% of all taxes.

00:32:04.000 I think within the 1%, the 99% pays more.

00:32:10.000 A lot more.

00:32:11.000 The 1% of the 1% isn't paying their fair share, I guess.

00:32:14.000 That is incorrect.

00:32:16.000 Well, that's your opinion.

00:32:17.000 It's not an opinion, that's a fact.

00:32:19.000 You know that Elon...

00:32:20.000 What do you pay, like $70 billion or something?

00:32:22.000 Elon Musk paid more taxes than any other human in history in, I think it was 2021 or 2022. The impression that you have, Elon...

00:32:31.000 The impression that you have is not actually...

00:32:34.000 I think you have a misunderstanding.

00:32:36.000 I literally tried to articulate your argument back to you, but you were too busy talking over me.

00:32:40.000 We're going to go to the next story.

00:32:42.000 I'll just wrap up by saying Elon Musk paid $11 billion cash taxes in 2021. How much?

00:32:47.000 $11 billion?

00:32:48.000 $11 billion.

00:32:49.000 More than any other person in human history.

00:32:51.000 Okay?

00:32:52.000 So your talking points are progressive leftist activist talking points.

00:32:56.000 They're incorrect.

00:32:57.000 But we're going circles.

00:32:58.000 Let's jump to the story from Yahoo.com.

00:33:01.000 Salem police investigate shooting at Tesla dealership.

00:33:05.000 Heavens me!

00:33:06.000 Elon Musk over here paying $11 billion in taxes in 2021, and activists are trying to take his life.

00:33:13.000 Take a look at this story.

00:33:14.000 Salem police are investigating a Wednesday morning shooting that damaged windows at a Salem Tesla dealership.

00:33:19.000 Police responded to reports of damaged windows at the dealership at about 5 a.m., according to spokesperson Angela Hedrick.

00:33:25.000 Officers found what appeared to be damaged from gunshots, she said.

00:33:29.000 They said no arrests have been made and the incident remains an active investigation.

00:33:32.000 Well, we do have this tweet from Nick Sorter, who says the showroom was shot up in Oregon.

00:33:37.000 The second criminal incident at this location in recent weeks.

00:33:41.000 The first was an arson attack on January 20th.

00:33:43.000 This is a result of Democrats and legacy media calling Elon Musk Hitler.

00:33:46.000 He says someone is going to get killed.

00:33:48.000 Also this month, protesters put stickers on the windows of another Tesla showroom in New York saying, calling on people to harm Elon.

00:33:55.000 I don't want to read what it says.

00:33:56.000 This needs to stop.

00:33:57.000 Authorities need to make very clear example out of these criminals.

00:34:00.000 This is what happens when people fundamentally misunderstand how the government works, how paying taxes works.

00:34:11.000 These people, in their minds, believe that Elon doesn't pay any taxes.

00:34:16.000 and ripping off his workers and that now he's going and stealing your private data from the government it has it it has radicalized people to the point where they are shooting up tesla dealerships let me just make sure i iterate this before i know guys i'm ranting but these people are so psychotic they would threaten the lives of floor sales people who probably make 60 70 thousand dollars a year at a local car dealership that's how insane they are yeah

00:34:44.000 and this is the same like the the the mindset of oh these billionaires don't pay enough money That's how you get a dude that's worth $40 million killed.

00:34:55.000 The CEO of the healthcare company, he got shot in the back because the rich don't pay their fair share, and the healthcare companies are taking advantage of us, even though the issue at hand is that there is the government in between people and their actual healthcare.

00:35:12.000 The fact that there's insurance that has to be, you have to use insurance to be able to afford healthcare because there's no actual market.

00:35:23.000 The idea that the rich are the reason why people are poor, which you hear frequently.

00:35:29.000 The idea that there is a fixed pie that everyone has to go and get their money from as opposed to when a...

00:35:40.000 A new product is invented or there's an innovation in the market that actually grows the pie.

00:35:45.000 Those two ideas are conflicting.

00:35:48.000 It is not true that there is a fixed amount of money to be shared amongst everybody.

00:35:53.000 And the best evidence of that is the iPhone.

00:35:56.000 Before the iPhone was invented, before the iPhone came onto the market in 2007, there were smartphones and there were things that did what the iPhone did.

00:36:06.000 It was not ubiquitous the way the iPhone was in just a few years, and that's because the revolution in interface that the iPhone was for a smartphone made everybody feel like they needed one, and it made the actual industry grow.

00:36:19.000 Apple became a much larger country.

00:36:22.000 Luxuries become requirements as things get normalized.

00:36:25.000 The point that I'm making is that innovation drives the size of the pie everyone's going for.

00:36:30.000 It's not that the pie is fixed.

00:36:32.000 The pie does grow when you have innovation in a market.

00:36:35.000 The issue we have here is fascinating.

00:36:38.000 Elon is trying to find and gut the bloat in government.

00:36:43.000 I think they said they saved $55 billion already, which could be a couple hundred bucks per person already in this country.

00:36:50.000 And the left, the Democrats, the media are claiming that Elon is trying to steal your private data, despite the fact that Elon Musk owns X and already has the private data of hundreds of millions of individuals, like 200 million people, and also ran PayPal.

00:37:06.000 And my favorite part of the story is that the government agencies and the people there already have your private data.

00:37:15.000 So if John Smith is a raging Trump supporter and working in the Treasury Department, you don't care.

00:37:23.000 But if Elon Musk wants to send in a couple of IT guys to go through the numbers and do an audit, now you're concerned about someone taking your private data.

00:37:32.000 This is...

00:37:33.000 This is catastrophizing.

00:37:35.000 It's hysteria.

00:37:35.000 It's intended to protect the machine state.

00:37:38.000 Because I will stress this.

00:37:40.000 USAID, these other government institutions dumping money into D.C. And by the way, we have a story for you for today where criminal lawyer, fraud, suicide are all trending in Washington, D.C. Google Trends.

00:37:53.000 The people who live there are searching these things.

00:37:54.000 It's horrifying.

00:37:55.000 I hope everyone's OK. But after Trump said we're going to cut out the fraud, a lot of people started.

00:38:02.000 Doing searches for things about self-harm.

00:38:04.000 That's insane.

00:38:06.000 Yes.

00:38:07.000 And I've got the graph.

00:38:08.000 We'll pull it up in a little bit.

00:38:09.000 Elon Musk says, let's go find the fraud.

00:38:13.000 And then the machine says, Elon is evil.

00:38:15.000 Stop him.

00:38:16.000 And now people are shooting up and vandalizing Tesla locations.

00:38:20.000 I remember back during Occupy when they smashed up a Bank of America window right next to Zuccotti Park.

00:38:27.000 And I asked them, why did they smash the windows?

00:38:30.000 And they said, So that we can teach Bank of America a lesson.

00:38:33.000 And I said, and what lesson do you think you taught them?

00:38:36.000 And they were like, that we are not going to remain silent.

00:38:38.000 And they're this close to violence.

00:38:41.000 And I said, do you think anyone in any capacity of management, senior leadership, executive management, or on the board knows you broke that window?

00:38:51.000 And they were like, I don't know.

00:38:53.000 And I'm like, I'll tell you who knows you broke the window.

00:38:55.000 It's the guy who works in there for $40,000 a year who walked into his office and found glass all over his desk.

00:39:00.000 You think that guy is going to like you, adhere to your cause?

00:39:03.000 And he's in the same income bracket as you.

00:39:06.000 Why did you smash up the Starbucks window?

00:39:08.000 Same reason.

00:39:09.000 I said, do you think any of these $12 an hour Starbucks employees understand your message?

00:39:14.000 All they know is they showed up for work, and the boss said, we're closed today.

00:39:17.000 The window's been smashed.

00:39:18.000 And they said, but bro, I need the hours.

00:39:19.000 And the boss said, sorry, we can't do anything about it.

00:39:22.000 Looks like no one's working today.

00:39:23.000 And now the dude's not gonna be able to pay his car bill.

00:39:26.000 The things these people do is unhinged, and it's because they are very low-order thinkers.

00:39:32.000 They don't understand how taxes work.

00:39:34.000 They don't understand, and I'm gonna say this too.

00:39:37.000 The most important thing about Elon's business, Amazon's business, and paying taxes and employment is that businesses do what the government requires they do.

00:39:48.000 And most people don't know this, but usually when your company has a policy that you hate, it's because the government makes them do it.

00:39:57.000 That and insurance companies. 1.00

00:39:58.000 But you're sitting there being like, why do we have to do these stupid sexual harassment seminars? 1.00

00:40:03.000 Man, my company's lame. 1.00

00:40:03.000 Well, the government makes them do it. 1.00

00:40:04.000 The government has a law called the 1964 Civil Rights Act, which talks about discrimination.

00:40:08.000 And if you act in any way against it, you'll be sued into oblivion.

00:40:11.000 And so the insurance companies then say, we would accept liability unless you enact these things, because the law says you can't.

00:40:17.000 And they go, I guess we have no choice.

00:40:19.000 And here we are with them saying, Elon and the billionaires, Bill Burr calling for, look at this, Bill Burr comes out, and he called for the death of billionaires, and now we have this stuff targeting Elon Musk.

00:40:30.000 These you know what it is, man.

00:40:31.000 You said earlier that these people think that billionaires are only rich because they're taking from the poor.

00:40:38.000 It's actually the other way around.

00:40:39.000 Poor people standard of living living increases exponentially when wealthy people develop things.

00:40:45.000 Yes.

00:40:45.000 And let me just pause right there and not say it is not that you are inherently wealthy.

00:40:48.000 It makes you a good person.

00:40:49.000 There are heirs to great fortunes who have done nothing for society.

00:40:52.000 And there are people who make money off of day trading and not really do anything other than ripping and extracting from the market.

00:40:57.000 But Elon Musk has satellites with low-latency internet that can broadcast almost everywhere in the world.

00:41:03.000 Now, phones are attaching to them, and we can get cell signal anywhere.

00:41:06.000 He makes electric cars, which all the climate change people should be cheering for, and he's working on space technology, which has reduced the cost of satellite launches and space travel substantially.

00:41:15.000 Elon Musk then purchased Twitter, turned it to X, Increase the amount of free speech, decrease the amount of censorship, far from perfect.

00:41:22.000 He's certainly done a tremendous amount of good.

00:41:24.000 In fact, he doubled the margins of Twitter.

00:41:27.000 The Democrats like to say, and the liberals like to say, X is worth nothing.

00:41:31.000 Remember, it was worth $44 billion when he bought it.

00:41:33.000 Now it's worth $7 billion.

00:41:34.000 Well, the reality is, I believe it was the Wall Street Journal came out with a report saying, actually, his costs were cut in half and the margins doubled.

00:41:41.000 Theoretically, the company's worth substantially more now because they're turning more profit despite a lower revenue.

00:41:46.000 new he got rid of that overhead Elon is doing tremendous work it's working out very well he is generating wealth and jobs and through his leadership many other people are able to live better not all rich people are good not all poor people are good but some and many rich people who are leaders of industry who work relentlessly and run their companies make it possible for other people to have jobs which allow their standard of living to increase hence your dental care today is better than Rockefeller's was the turn of the century

00:42:15.000 And it's great that you mentioned dental care and stuff because the industries that don't have the government involved in them on a regular basis when it comes to health care or people's bodies or whatever, your plastic surgery, things like laser surgery for your eyes, rhinoplasty, which is plastic surgery, dental work, all that stuff, those tend to get cheaper.

00:42:41.000 As time goes on, because of innovation and the market.

00:42:44.000 The things that don't get cheaper are the things that are necessary care that you have to have insurance for.

00:42:50.000 So it should be cheaper to set a broken bone nowadays than it was 100 years ago, right?

00:42:56.000 It should be cheaper.

00:42:57.000 You would think so.

00:42:58.000 You would think it would be cheaper and easier nowadays with all the technology and stuff.

00:43:02.000 It's not.

00:43:03.000 And it's not because there is no market.

00:43:06.000 The cost of what it...

00:43:07.000 The cost of...

00:43:10.000 Medical care, they don't share it with the consumer, so the consumer can't say, well, I'm going to go to someone else who will do it cheaper.

00:43:17.000 You need markets to drive prices down, because that competition is one of the things that makes things get better.

00:43:24.000 Let's give a real great example.

00:43:27.000 Amazon wanted to open a factory or warehouse or whatever in New York.

00:43:31.000 They said, over 10 years, we expect to generate $30 billion in revenue.

00:43:36.000 We'll be providing 100 or was it like 10,000 jobs or something like that.

00:43:40.000 So this means the people in New York are going to have jobs.

00:43:42.000 The city of New York is going to generate $30 billion in tax revenue over 10 years.

00:43:47.000 And the city said, we definitely want this.

00:43:50.000 You give a dollar from your company to a person, you pay employment taxes.

00:43:53.000 That person buys a cheeseburger, pays a sales tax.

00:43:55.000 That money goes to the government in the end.

00:43:57.000 And so they were very excited.

00:43:59.000 AOC began to held rallies saying the government is letting them come here for free and giving them a cheaper tax deal.

00:44:06.000 Yes, Amazon was looking for a place to set up shop.

00:44:09.000 Governments were saying, we will waive taxes of this, that, or otherwise.

00:44:14.000 You come here, it'll be cheaper for you if you work here because we want the revenue, we want the jobs, we want the industry because the industry brings wealth with it.

00:44:23.000 Thanks to AOC and her ilk. 0.97

00:44:25.000 Amazon decided not to do it, and it destroyed a great opportunity for the people in New York that was going to be used largely to fix their decaying subway system.

00:44:33.000 See, these leftists don't understand how taxes work.

00:44:36.000 She came out and said, New York is giving Amazon billions of dollars.

00:44:39.000 No, it was a tax rebate.

00:44:41.000 It was after they pay the taxes, they get like a rebate, so it means they would ultimately pay very few taxes if they move there.

00:44:46.000 But you see, progressive activists don't know how any of these laws work.

00:44:50.000 I gotta tell you, you know what's really frustrating?

00:44:52.000 What's that?

00:44:53.000 Is that...

00:44:55.000 People think, well, this is really funny.

00:44:57.000 I tell people, like, you know, you can't just give a family member money.

00:45:00.000 It's like, I learned this the hard way.

00:45:01.000 I started a company, and I'm like, oh, I got some money.

00:45:02.000 Like, let me, you know, give some money to a family member.

00:45:05.000 My accountant's like, that's illegal.

00:45:06.000 And I was like, it is?

00:45:07.000 And they're like, you can't just give money to somebody.

00:45:09.000 And I was like, oh, well, so how do I buy something?

00:45:12.000 They got to pay income tax on it.

00:45:13.000 I was like, my family member.

00:45:15.000 If I, like, buy a car for a family member, it's like, yeah, they got to pay tax on it.

00:45:18.000 It's income.

00:45:19.000 And I'm like, okay.

00:45:21.000 Well, well.

00:45:23.000 So I can't buy someone a car?

00:45:24.000 Absolutely not.

00:45:25.000 I said, okay, what if I pay off their credit card?

00:45:27.000 You're giving them money.

00:45:29.000 I said, if I pay off their debts?

00:45:30.000 Yes.

00:45:32.000 When someone's got $1,000 in debt and you say, I'll pay your credit card off for you, you just gave them $1,000 and that individual owes taxes on it.

00:45:40.000 People don't understand how the government works.

00:45:42.000 Most people get their taxes taken out of their paycheck and they never see this stuff.

00:45:45.000 Then when you're running a business, you're like, someone says, I'd like a raise.

00:45:48.000 Well, I can't give it to you.

00:45:49.000 Why not?

00:45:50.000 Because that would put you...

00:45:51.000 Double the market rate.

00:45:52.000 We're already paying you really well.

00:45:53.000 And they'll say, well, I think I deserve it.

00:45:55.000 I'm going to quit.

00:45:56.000 It's like, okay, then do it because we're going to get audited if they find out we're paying someone at your rate.

00:45:59.000 We're dealing with this stuff in West Virginia.

00:46:01.000 I've been ranting about it relentlessly.

00:46:03.000 We are not legally allowed to hire Elad.

00:46:06.000 How about that, Elad?

00:46:08.000 I knew I always loved New York better than this state.

00:46:12.000 Yeah, Elad is...

00:46:13.000 We're not legally allowed to have work here.

00:46:16.000 You're going to have the chat real excited, Tim.

00:46:17.000 I don't know.

00:46:18.000 Maybe we should get too into it.

00:46:19.000 It's his last show.

00:46:20.000 No, no, no, no.

00:46:21.000 I'm just kidding.

00:46:23.000 I'll still be around, guys.

00:46:24.000 Don't get too excited.

00:46:24.000 Before we jump into the next story, just one final thought on this to explain how psychotic the government is and how when I'm running a business and I'm dealing with tax attorneys, corporate attorneys, and accountants, I hear about Jeff Bezos and I go, oh, so that's why he does that.

00:46:38.000 Oh, so that's why they're doing that, because legal requirements put them in positions where this out has to be structured.

00:46:43.000 Then there's corporate interests, of course, for the health of the company, fiduciary responsibility.

00:46:47.000 Publicly traded companies aren't allowed to disclose information, share.

00:46:51.000 It's absolutely insane.

00:46:52.000 You're not allowed to, you're not, okay.

00:46:54.000 Publicly traded companies aren't allowed to take actions that would cost the shareholders money.

00:46:59.000 All of this stuff is locked in by the government.

00:47:01.000 So the West Virginia government told us we aren't legally allowed to buy content from Elad.

00:47:07.000 So Elad, as an individual of his own volition, wants to go cover a news event and then asks us, hey, would you guys be interested in carrying this?

00:47:15.000 And we say, yes, we're not legally allowed to do it anymore.

00:47:18.000 I don't understand the leftist talking point of Trump.

00:47:23.000 He wants to cut the taxes for the rich, they say.

00:47:26.000 Or like Amazon as well.

00:47:28.000 They're giving Amazon a discount.

00:47:29.000 Amazon's coming to New York.

00:47:30.000 And AOC stopped it, but people who live in New York, because of the tax break they're gonna get from the government, whatever, they're gonna create, you know, 25,000 jobs.

00:47:39.000 Yeah.

00:47:40.000 How do they not understand that?

00:47:41.000 Who cares?

00:47:42.000 Amazon gets a little break.

00:47:43.000 To be completely honest.

00:47:44.000 They're going to give people jobs. 0.99

00:47:46.000 And it may be a bit disrespectful is because arguments from, like, Elad, in that regard, he does not understand legal requirements, tax law, and the structure of how taxes and revenue is generated.

00:47:57.000 Okay, Raymond, let me explain to you part of why, what the issue was.

00:48:01.000 It's because it's not actually real capitalism.

00:48:03.000 It's crony capitalism.

00:48:04.000 If you're going to get a different deal than other companies that decide to come do business in New York City, why do you have different laws?

00:48:10.000 Why does Amazon have a carve-out to try to entice them to come to the city? 1.00

00:48:14.000 Is what the argument was.

00:48:16.000 So they were getting special benefits.

00:48:18.000 The argument would be to entice them to come to this city over another city.

00:48:20.000 But then at the end of the day, this isn't something cities should be doing to try to entice over different companies to have them come to their cities.

00:48:27.000 Why not?

00:48:28.000 Because then it's a race to the bottom, and then we don't have equal laws for all the companies.

00:48:31.000 Let's roll.

00:48:32.000 Okay.

00:48:32.000 So why is it that when I tweeted, we were going to leave West Virginia over their insane laws, which make it so that we can't hire people like a loud force?

00:48:42.000 We can't buy content from him.

00:48:43.000 I don't want to say hire.

00:48:44.000 Literally, the dude's like, hey, I filmed this thing.

00:48:46.000 Would you like to run it?

00:48:47.000 It's not allowed.

00:48:48.000 So I said, we can't operate.

00:48:50.000 If I can't have a reporter who did a documentary or a video, if we can't buy the rights to that, which we literally can't under this law, then we can't operate in West Virginia.

00:49:00.000 Well, this caused a huge backlash in the state.

00:49:03.000 Several delegates from the state started reaching out to my family members.

00:49:06.000 I started getting text messages.

00:49:07.000 I got a couple of telltems.

00:49:09.000 People were tweeting, the governor is trying to reach out to you.

00:49:13.000 Now, why would that be the case?

00:49:14.000 Because we have a large corporation that generates lots of money, and there are, in the area, the employees here pay rent.

00:49:22.000 They pay property tax on the properties they own.

00:49:24.000 They purchase coffee.

00:49:25.000 They purchase cheeseburgers.

00:49:26.000 When the people move here, when all the members of TimCast.com buy a membership, that money effectively pools in the bank accounts in West Virginia.

00:49:35.000 We then use that money to pay contractors to fix toilets, to pay IT guys to set up computers, to pay journalists and reporters in New York to produce content, and then from the money we spend in West Virginia, largely, it creates ancillary economic boons.

00:49:50.000 So the state says, we need this industry in our state, we need more industry, because that means the guy who is a pizza maker, he's running a pizza shop in West Virginia for 50 years.

00:50:01.000 All of a sudden, there are 73 new people living in the area who moved there because not that they work for Timcast.

00:50:08.000 But Timcast hired 30 people.

00:50:10.000 Those 30 people need plumbing services. 1.00

00:50:12.000 They need groceries.

00:50:13.000 They need food deliveries.

00:50:15.000 They need clothing. 0.53

00:50:16.000 So when they went to the grocery store and bought all that stuff up, those stores had to hire more people to accommodate the increase in people, bringing even more people in.

00:50:23.000 All of a sudden, that pizza shop owner, his property values tripled.

00:50:26.000 All of a sudden, he's selling more pizzas than he can, and he says, guys, we've got to expand.

00:50:29.000 So he hires more people.

00:50:31.000 Well, one day, Ilad shows up and says, we shouldn't have laws like this.

00:50:35.000 You shouldn't be allowed to offer tax benefits to these companies.

00:50:38.000 No, no, no, no, no.

00:50:39.000 I believe that you shouldn't be able to give special incentives to specific companies that our government negotiates with corporations that give them different rules than other corporations in the neighborhood.

00:50:49.000 Because that isn't capitalism.

00:50:50.000 It's crony capitalism.

00:50:51.000 So let me finish.

00:50:52.000 And that's why you don't want to do it here.

00:50:54.000 How about you?

00:50:54.000 Well, let me finish.

00:50:55.000 West Virginia passed a law which makes it illegal for us to buy content from Ilad.

00:50:59.000 In order for Elad to sell content to us, he has to open a West Virginia business, get permitted, and everything that goes along with it, and it costs a lot of money.

00:51:07.000 Then, he has to pay taxes in two states.

00:51:10.000 That's right.

00:51:11.000 So they're double-dipping and taking money from him, and if he doesn't pay it, they come to us and demand that we do.

00:51:16.000 That's the law.

00:51:17.000 Okay?

00:51:18.000 Other states don't have that law.

00:51:19.000 Not that I have to negotiate with anybody.

00:51:21.000 I don't got to negotiate with the governor.

00:51:22.000 I can say, governor, with all due respect, your laws are abject evil.

00:51:26.000 I should be allowed to contract from an individual who wants to sell a product to me.

00:51:29.000 So you know what?

00:51:30.000 I will drive 10 miles to a different state that has none of these laws.

00:51:35.000 Do you think West Virginia wants to lose that tax base and the economic boon to all the people who live in the area?

00:51:39.000 No, they would consider giving you a special carve-out.

00:51:42.000 Right.

00:51:43.000 Now, I'm not a fan of that, so I largely rejected it.

00:51:46.000 However...

00:51:46.000 What would happen to the pizza shop that now has hired five employees to accommodate all the pizzas that we order if we leave?

00:51:52.000 They would be fired, and that is capitalism.

00:51:54.000 And the shop may go out of business.

00:51:55.000 You know why?

00:51:56.000 The expanded infrastructure of the pizza shop, including their footprint, the gas, the propane they buy, the electricity, when they get a bigger building, now their mortgage goes up, now their rent goes up.

00:52:06.000 All of a sudden, overnight, overnight, their revenue drops by 40-50%, and he says, it's not that I have to fire you guys.

00:52:13.000 I have to sell the building.

00:52:15.000 We were expanding, and then they pulled the rug out from under us.

00:52:18.000 Now there's no pizza shop.

00:52:19.000 It's all gone.

00:52:20.000 So what does West Virginia do?

00:52:22.000 They say, let's talk to Tim Pool and figure out how we can make this work for him, because clearly something is not right.

00:52:26.000 That's called standard negotiations, and it's called how humans operate with each other.

00:52:30.000 We do not live in a rigid machine world where everything is predicated upon if this, then that.

00:52:35.000 Human beings, we have judges, and the reason we have a judiciary is to interpret the law as to what makes the most sense.

00:52:42.000 And that is...

00:52:43.000 Two human beings are allowed to come to an agreement, like Eric Adams and Donald Trump.

00:52:47.000 Does that mean we'll be seeking a carve-out?

00:52:49.000 Will Tim Kass be seeking a carve-out from the governor?

00:52:50.000 I have reached out to the governor.

00:52:52.000 He has responded.

00:52:53.000 We have not yet had a conversation, but I'm actually seeking the overturning of West Virginia's Employment Classification Act of 2021, whatever it's called, which makes it literally illegal to be...

00:53:03.000 Like, let me just hammer it out very simply.

00:53:06.000 Elad lives in a different state.

00:53:09.000 Sometimes he films news.

00:53:11.000 He then reached out to us and says, would you like to buy this product that I have made?

00:53:15.000 We then said, that's actually pretty good.

00:53:17.000 We'll take it.

00:53:18.000 They came to us, told us he was a full-time employee, that we now have to pay a penalty.

00:53:24.000 They're saying, no penalties, but everything you've paid him, we want you to pay an additional percentage on top for everything you've ever bought from him.

00:53:32.000 And I said, he's a contractor.

00:53:34.000 We paid our bills as if he was a contractor as per our lawyers and our accountants.

00:53:39.000 And they said, we don't care.

00:53:41.000 So now I'm like, okay, so now what's happening is they've sent us this massive tax bill demanding money from us because they're trying to squeeze blood from a stone, and I would rather leave this state than let them rip me off and disrespect me the way they are.

00:53:56.000 That is absolutely psychotic.

00:53:58.000 But you know what?

00:53:59.000 Anyway, let's talk about news.

00:54:01.000 This tax stuff, it's taxes.

00:54:03.000 I feel like I've learned more from this than I have in four years of high school.

00:54:08.000 Well, I have good news for you.

00:54:09.000 Welcome to Hyrule. 0.84

00:54:10.000 This next story from the post-millennial, RFK Jr.'s Department of Health and Human Services officially defines woman as an adult human female.

00:54:19.000 Chloe, your thoughts?

00:54:22.000 It's ridiculous that we have to do that.

00:54:24.000 It's like something that we can just see plainly with our eyes and... 0.96

00:54:30.000 How do you feel about the fact that the – I mean obviously it is – I think we mostly agree with you that it is ridiculous.

00:54:36.000 But how do you feel about the fact that this administration is taking the ideologically possessed to task with this and making it a part of actual government policy?

00:54:49.000 I mean this is exactly what we've needed for years.

00:54:52.000 The other side has just gone too far and this is exactly the kind of – this is – It sucks that that's what we need, but I'm losing my train of thought.

00:55:04.000 I mean, for people that might not be aware of you, why don't you tell a little bit about your story and your experience?

00:55:10.000 So I went through a medical gender transition while I was still a child because I... How old?

00:55:18.000 So I was 12 when I started calling myself a boy, and that was after years of going through a bit of an early puberty and the distress that comes with that, a sexual assault, and I was just a tomboy.

00:55:29.000 And that's where these feelings of distress came from.

00:55:31.000 And because I was so distressed, I wanted to not have a female body, then my doctors in the state of California agreed, no, you're not a girl. 0.99

00:55:40.000 These feelings are real.

00:55:42.000 Did they define boy and girl for you?

00:55:46.000 No, there is no definition.

00:55:48.000 I got to choose my own definition.

00:55:49.000 Wow.

00:55:50.000 Based on my own feelings.

00:55:51.000 It's all based on feelings.

00:55:53.000 And children are being, and vulnerable people who do not have, who are not in the mindset to be making major lifelong decisions, are being allowed to have parts of their bodies cut off and be castrated for life because of temporary distress.

00:56:09.000 And men are being allowed to... 0.78

00:56:12.000 Go into women's private spaces and invade what used to be safe for us. 1.00

00:56:18.000 Go into our bathrooms.

00:56:19.000 Go into our locker rooms.

00:56:21.000 Go into programs specifically made for us.

00:56:24.000 And yes, prisons.

00:56:25.000 And of course they're taking advantage of this.

00:56:27.000 They've been sexually assaulting us. 1.00

00:56:28.000 They've been raping us. 1.00

00:56:29.000 Women in prison are now getting pregnant because there are men being housed with them. 0.96

00:56:34.000 You know what's fascinating is that there was no definition of boy, girl, man or woman.

00:56:39.000 Whenever you would ask one of these liberals or leftists, they would just say, haha, you don't know what a woman is?

00:56:44.000 And it's like, I do, but you don't.

00:56:45.000 They can't answer that themselves.

00:56:46.000 And so the interesting thing is, though, they can't define it, but they can prescribe a surgery to adhere to the lack of a definition.

00:56:52.000 Which is, of course, based on the sex-based definition, because that's the only definition of male and female.

00:56:58.000 So if they say it's whatever you want it to be, then certainly a female does not need to have a mastectomy to be a boy, because it's whatever you want it to be, right?

00:57:08.000 So why are we pushing people to these?

00:57:09.000 And why were they prescribing these treatments?

00:57:11.000 So were you...

00:57:13.000 When you initially started having these feelings, was there someone encouraging you?

00:57:17.000 Or did you have people that were encouraging you?

00:57:19.000 Or how did you stumble upon the idea that you may not be a girl in the first place?

00:57:24.000 So I wasn't...

00:57:25.000 There weren't people directly guiding me necessarily.

00:57:30.000 As I said, I was kind of a tomboyish girl, and I connected more with my male role models, and especially my big brothers and the boys around me at school.

00:57:39.000 And there were so many times when I thought, I don't feel like I'm very feminine, I don't feel like I fit in with the other girls around me, and I don't even feel like I'm pretty enough to be a woman.

00:57:49.000 And I hate these changes that are coming with puberty.

00:57:55.000 Why would I ever want to be a woman?

00:57:57.000 Everything I hear about being a woman, it's always about periods, menopause, the fear of aging, and nobody ever talks about the good things, so why would I ever want any of that? 0.99

00:58:07.000 Eventually I would look in the mirror and think, I'm never going to be a good woman, so why should I just be a boy?

00:58:14.000 I would have been so much happier if I were a young man than a young woman. 0.97

00:58:19.000 To me, the way you're articulating it, it sounds like you're saying you had a discomfort with being a woman more than you had a belief that you're a man.

00:58:29.000 And eventually that became a belief that I was a young man, but that didn't naturally come on its own.

00:58:35.000 I started using social media when I was about 11 and I got my first cell phone.

00:58:39.000 And I would mostly browse stuff that was oriented around my interests.

00:58:44.000 But a lot of the kids that were also in these communities online...

00:58:48.000 It just so happened to be young girls and sometimes boys who called themselves by the opposite sex.

00:58:53.000 And this was nothing I'd ever, like, really read about my whole life.

00:58:55.000 So it was very novel, very interesting.

00:58:58.000 This wasn't on Tumblr, was it?

00:58:59.000 Well, I wasn't really using Tumblr a whole lot at the time.

00:59:03.000 But there was, like, a lot of overlap between Instagram, which is primarily what I was using, and that community.

00:59:07.000 There was, like, a lot of cross-posting between platforms.

00:59:10.000 So it was basically the same kind of culture between the two.

00:59:14.000 Probably after the Tumblr shut down then.

00:59:16.000 No, I'd say it was probably five years before that maybe.

00:59:21.000 But seeing these other kids so I could relate to more than anybody that I knew in real life and seeing them seemingly become happier through doing this and get through all the same problems that I had was like, wait, this is the logical next step for me.

00:59:38.000 Because they are just like me.

00:59:39.000 What was your parents' reaction to all this stuff?

00:59:42.000 When I first told them, they were kind of at a loss.

00:59:49.000 They knew that I was a tomboyish girl, but I don't think any sane parent wants to hear this from their own kid.

00:59:56.000 I feel so distressed that I don't want to be the person who I was made to be in your womb.

01:00:02.000 I feel like it's such a painful thing for a mother or father to hear from their own kid.

01:00:06.000 And it certainly was for them.

01:00:08.000 But they could see...

01:00:09.000 It was clearly a mental health issue for me, and it probably came from some of my other social and emotional difficulties that I was going through at the time, and just me being a kid going through puberty.

01:00:19.000 And they had the right idea.

01:00:20.000 Like, they were okay with me just, like, experimenting with the way that I dressed and stuff, and nothing beyond that.

01:00:25.000 They didn't believe that I was actually their son, but they had their hand forced when they decided that they were going to send me to a therapist to get me a psychiatric evaluation and mental health help.

01:00:40.000 I mean, for one, they weren't allowed in the room with me, so they didn't know what was actually going on.

01:00:44.000 Your parents weren't what?

01:00:45.000 They weren't allowed in the room with me during these consultations by California law.

01:00:50.000 I was 12, going on 13 at the time, and I was going to my 8th grade year of middle school.

01:00:55.000 So when my mom and dad spoke to the therapist themselves...

01:00:58.000 And your parents were not allowed to be in the room?

01:01:00.000 No, so there's a California law that's...

01:01:05.000 Basically, it emancipates minors at the age of 12 for the purpose of their mental health.

01:01:15.000 Wow.

01:01:15.000 So they can seek mental health treatment without the involvement.

01:01:20.000 Or notification of their parents.

01:01:22.000 You said they weren't allowed, so was it your choice for them to...

01:01:26.000 So they were the ones who had me see the therapist, but because I didn't give express consent to have them in there with me...

01:01:35.000 Then they weren't allowed to know what was discussed during these appointments or just be in there.

01:01:41.000 They just had to wait outside the door and wait for me to come out.

01:01:44.000 There was no follow-up or anything.

01:01:45.000 I was a 12-year-old kid with communication issues.

01:01:48.000 Just the fact that we were being separated had me thinking, wait, what if my mom and dad would get angry at me for talking about this?

01:01:56.000 There's implication in that.

01:01:58.000 A lot of times they don't, or at least if you're separating children from parents, There's an implication to the child that's not communicated verbally, but there's an implication that, hey, maybe there's something wrong with your parents knowing this.

01:02:13.000 Right, and I mean, if you're already like a kid who doesn't have a super close relationship with their parents in the first place, then that's going to further divide that.

01:02:21.000 And so things, when you start to separate a child from the parent, things will get worse for them in every way.

01:02:27.000 So I was going to therapy, but nothing was happening other than me being told like, oh yeah, you are a boy.

01:02:33.000 Your feelings are real.

01:02:37.000 We're going to expect your mom and dad to go along with this.

01:02:40.000 There was nothing actually happening to help me with real issues that I had.

01:02:45.000 I was going through a bit of a depression at the time because all my friends were older than me and I was in 8th grade, but everybody else, all my older friends had graduated and gone to high school by that point.

01:02:54.000 I was being bullied at school.

01:02:58.000 I just wanted to feel like I had some place of belonging and some sense of understanding myself and an identity.

01:03:05.000 And that was really all I needed.

01:03:06.000 And the fix to that would have just been simple.

01:03:08.000 They made it to this complex thing.

01:03:10.000 There was this theory that I heard.

01:03:13.000 There are a decent amount of kids who claim to be trans.

01:03:18.000 It's actually because something in their life, maybe they're young, high school, 14, 15. Let's say because we're in the era of social media.

01:03:27.000 And there's videos.

01:03:28.000 When I was a kid, if you like barfed in the cafeteria, you know, everyone would be like, whoa, dude, you see him barf?

01:03:35.000 These days, you barf in the cafeteria.

01:03:36.000 Somebody filmed it.

01:03:37.000 It's up on social media.

01:03:38.000 It's permanent.

01:03:38.000 It's forever.

01:03:39.000 And so I was reading this thing about how there are some therapists who believe that when a child in grade school or high school experiences a trauma and it's attached to them permanently through social media, there is only one way to escape that.

01:03:54.000 Change who you are.

01:03:56.000 And that they've encountered certain circumstances where the individual who was distressed was actually trying to escape something attached to their name.

01:04:03.000 Hence, they wanted to change their name and change who they were.

01:04:06.000 And when they went to councils and said, I have anxiety all the time.

01:04:11.000 I don't feel right.

01:04:12.000 I'm constantly being bullied, blah, blah.

01:04:14.000 They said, maybe you're trans.

01:04:16.000 And they said, what does that mean?

01:04:17.000 And they said, we can change your name.

01:04:18.000 We can change who you are.

01:04:19.000 You'll go to a different school and you'll be a different person.

01:04:21.000 And that was an escape to the bullying and trauma of their previous person.

01:04:24.000 And not only that, If anyone at the other school deadnamed that person and brought up anything from their past, you'd get in trouble.

01:04:32.000 Suddenly they're protected.

01:04:33.000 Suddenly you're protected.

01:04:34.000 You can't be bullied anymore as long as you go along with this thing. 0.97

01:04:38.000 I mean, I am part of the first generation of kids who grew up with basically these eyeballs all around us that if somebody catches something stupid that you're doing or saying... 0.85

01:04:50.000 It's on the internet forever, and people know you forever. 0.77

01:04:54.000 And I definitely felt that sense of pressure growing up.

01:04:57.000 I was bullied not only at school, but also people would post photos of me and say awful things about me online, these other kids who I went to school with.

01:05:07.000 And I think it's no wonder that kids want to escape the mistakes of their past when they're not allowed to live it down.

01:05:13.000 Well, it's all changing now.

01:05:15.000 It's RFK Jr. formally states.

01:05:18.000 The HHS has released their updated definition for sex, going through all elements of the department, blah, blah, blah.

01:05:28.000 It says, sex is a person's immutable biological classification.

01:05:31.000 Female is a person of the sex characterized by a reproductive system with the biological function of producing eggs or ova. 1.00

01:05:36.000 Male, same thing, but sperm. 0.95

01:05:38.000 Woman is an adult human female. 0.97

01:05:39.000 Girl is a minor human female. 1.00

01:05:40.000 Man is an adult human male.

01:05:41.000 Boy is a minor human male. 0.69

01:05:43.000 Mother is a female parent. 0.87

01:05:44.000 Father is a male parent.

01:05:45.000 And immutable is the key word here because no matter what somebody does to their body, whether they have their puberty stopped or they take cross-sex hormones over the course of a few years or they get their sex organs chopped off or reconfigured, you cannot actually change your sex.

01:05:59.000 It's something that stays with you for life.

01:06:01.000 It's determined at conception.

01:06:03.000 And you just become somebody with less parts or less functioning parts of your body.

01:06:08.000 I mean, it's...

01:06:09.000 So, Chloe, was there something that happened that made it click in your head that you are, in fact, a woman?

01:06:15.000 So, throughout most of my transition, I was pretty confident in this idea that I was a young man and that this was going to make me feel happy and more fulfilled.

01:06:29.000 Although, pre-surgery, I'd say about like a year into my transition, I started to realize that For whatever reason, I wasn't happy again.

01:06:44.000 The euphoria that initially came with transitioning and with being recognized as a young man at school and with perfectly passing as the opposite sex was going to go away, and it just became life, and things were worse after the fact. 0.90

01:06:56.000 But I started really ruminating because it's like nobody had ever presented this idea to me before, not even my own doctors, that...

01:07:04.000 I could regret things one day or that could be harmful or detrimental for me.

01:07:08.000 So I thought that the issue was still my body and that I still had to change something.

01:07:13.000 And I still had breasts.

01:07:14.000 I'd already gone through a little bit of puberty, so I had, like, decently developed breasts.

01:07:17.000 And I wanted...

01:07:18.000 I thought, oh, that's it.

01:07:20.000 I have to get rid of this.

01:07:21.000 I am going to get surgery to get rid of these things.

01:07:23.000 And I'm not going to have to worry about changing the locker room anymore.

01:07:26.000 I am not going to have to wear a shirt while swimming or while hanging out with my friends anymore.

01:07:30.000 I can just be...

01:07:32.000 Like a normal guy and never have to bind ever again.

01:07:36.000 But as soon as I had the surgery, something clicked.

01:07:40.000 And I think what it was was that it was so...

01:07:45.000 It was so irreversible and so immediately impactful.

01:07:55.000 I had to grapple with the fact that I lost organs off of my body forever.

01:08:04.000 Around this time, I started realizing, wait, I kind of missed some of the things about being a girl.

01:08:10.000 Just socially.

01:08:12.000 I didn't miss periods.

01:08:14.000 I didn't miss all the other things that come with female puberty. 1.00

01:08:16.000 But just the little things, like wearing makeup, wearing mascara, having fun with my hair.

01:08:21.000 Did you miss being right all the time?

01:08:23.000 You know Ollie London?

01:08:25.000 Yes, I do.

01:08:26.000 Ollie London said that after...

01:08:29.000 He kept getting all these surgeries, constantly thinking this one more would do it.

01:08:33.000 And then after one moment, he just realized no matter how many surgeries he got, he didn't feel any better.

01:08:39.000 And he needs to stop doing this.

01:08:41.000 It works very similarly to a drug addiction or dependency.

01:08:45.000 But I think what really broke the glass for me, what completely took down the house of cards for me, was...

01:08:57.000 So when I had surgery, I was 15. I turned 16 about a month afterward.

01:09:05.000 And then I was like, wait, I'm almost 18 years old.

01:09:08.000 I'm almost legally an adult.

01:09:09.000 I'm going to have to start thinking about my future beyond just what school I want to go to.

01:09:13.000 I never had a relationship before.

01:09:15.000 I don't think I even had a first kiss by the point in time.

01:09:18.000 So I was thinking...

01:09:19.000 Wait, so when I have a relationship, am I going to get married?

01:09:23.000 Is my partner going to call me a wife or a husband?

01:09:26.000 And if I have children one day, which I don't know how I'm going to do that while I'm on testosterone, I'm probably going to have to go off, which is probably going to induce more dysphoria.

01:09:34.000 And even if I'm off of it for a while, what risks are there for me being a pregnant mother and any risk of birth defects for my child?

01:09:45.000 Psychologically, how is me choosing to transition going to affect my children?

01:09:50.000 How am I going to explain to my kids that I'm not actually their second father?

01:09:55.000 I'm a mother, but I've chosen to live the lifestyle of a young man.

01:09:58.000 I'm taking all these drugs to try and become something that I'm not.

01:10:00.000 Is that not going to be damaging for them?

01:10:03.000 And then I had this lesson in my junior year of high school about...

01:10:09.000 I think it was the Harlow experiments on rhesus monkeys, the wire mother versus cloth mother.

01:10:13.000 And it was the first time that I ever really thought about breastfeeding or nursing in depth.

01:10:19.000 And it hit me.

01:10:23.000 Wait.

01:10:23.000 So there's this almost universal experience for every mother who has naturally had their child of breastfeeding.

01:10:32.000 And this is very special.

01:10:33.000 And there's a lot of bonding and other things that go on during this.

01:10:40.000 I'm never going to have that.

01:10:43.000 What do you mean I'm never going to have that?

01:10:46.000 Did I just lose potentially major parts of my adulthood during my childhood?

01:10:55.000 And on one hand, I basically logicked my way out of my transition, but on the other hand, the grief and the pain...

01:11:09.000 That was what finally made me decide that I couldn't go through with it anymore.

01:11:15.000 Wow.

01:11:16.000 Because it was killing me.

01:11:17.000 Literally.

01:11:17.000 I was experiencing physical complications from it.

01:11:21.000 I was having blood clots.

01:11:22.000 I was having urinary tract issues.

01:11:23.000 I didn't want to know how much worse my health was going to get if I kept going down this path.

01:11:28.000 And I couldn't forgive myself.

01:11:33.000 I thought, if I'm a mother, then I must be a monster for taking this away from my kids.

01:11:39.000 And how...

01:11:40.000 I'm still a woman.

01:11:42.000 None of this actually made me into a man.

01:11:44.000 Am I just ugly now?

01:11:45.000 Am I just a freak forever? 0.98

01:11:47.000 I don't have any breasts. 0.95

01:11:48.000 I look like a man. 0.68

01:11:50.000 I sound like a man.

01:11:50.000 I have the voice of a ground man.

01:11:52.000 You're not, by the way.

01:11:55.000 Thank you.

01:11:56.000 At the time, it was really rough, though.

01:11:58.000 I didn't think I ever would recover.

01:12:02.000 And...

01:12:02.000 One of the things that they used to really push my mom and dad...

01:12:08.000 And into saying yes to all this was the idea that I would commit suicide if I wasn't affirmed and if I wasn't allowed to do basically whatever the hell I wanted.

01:12:21.000 But the truth is that I wasn't even close to suicide before.

01:12:26.000 I was lonely, I was depressed, but I wanted to have a better life.

01:12:30.000 I didn't want to take my own life.

01:12:32.000 This only brought me closer to suicide.

01:12:34.000 Wow.

01:12:35.000 I had never been closer to taking my life than during the detrenchment process because I thought that life was already over for me, that I wasn't going to make it to 18 years old and that I wasn't going to ever be happy again.

01:12:47.000 That was very powerful.

01:12:49.000 Thank you for the advocacy work you do.

01:12:51.000 You're very brave to speak about this issue and I know the pushback you get from the far left as a result of this.

01:12:58.000 So I commend you for speaking out so bravely on this.

01:13:01.000 Thank you.

01:13:01.000 Yeah, not to be just...

01:13:03.000 Too hard of a segue after that powerful story.

01:13:06.000 I got teary-eyed.

01:13:07.000 I got teary-eyed.

01:13:07.000 Yeah, let's jump to this next story.

01:13:09.000 This one's from the New York Sun.

01:13:11.000 I'm using this as a launching point to elaborate into a deeper story.

01:13:14.000 They say, Google searches for criminal defense lawyers surge at Washington, D.C. with Trump in the White House.

01:13:19.000 Now, we did cover this story before, and I want to give a shout-out to Mark Mitchell of Rasmussen Reports because he has continued his investigation here, and it gets particularly worrying.

01:13:30.000 The first thing I want to say before we get anything, if you or anyone you know has expressed or is feeling any kind of thoughts of self-harm, please reach out to someone you know and love.

01:13:43.000 There's a story about the Golden Gate Bridge where they interviewed survivors, people who had jumped off trying to end their own lives.

01:13:52.000 And they asked these people, what was the first thing that went through your mind when you jumped?

01:13:57.000 And you know what they all said?

01:13:58.000 No.

01:13:58.000 They regretted it.

01:14:00.000 They realized every problem in their life was solvable except having just jumped off a bridge.

01:14:06.000 Universally, they all said they regretted it.

01:14:09.000 And we are all worse off for everybody who takes their own life.

01:14:14.000 Life is precious.

01:14:15.000 I am anti-death penalty, man.

01:14:17.000 Even though I know there are bad people out there.

01:14:19.000 With all that being said, Mark Mitchell has done the search and found that in the District of Columbia, the search term Suicide has been spiking since the USAID story went viral.

01:14:33.000 I decided to dig a little bit deeper than that and see how it correlates with other search terms, including criminal lawyer, which I brought up, layoffs, and fraud.

01:14:44.000 And that's where things get very interesting.

01:14:46.000 These search terms all track very close to each other, indicating their volume is comparable.

01:14:53.000 We can see your criminal lawyer suicide layoff fraud in the District of Columbia for the month of February.

01:14:58.000 You can see that they're all relatively comparable in terms of their scale.

01:15:04.000 Despite the fraud search term reaching 99%, you can still see that the other search terms track somewhat alongside it, sometimes overlapping.

01:15:14.000 To show you that this is a direct correlation of comparable volume, I'm going to add the search term Super Bowl.

01:15:21.000 I mean, look.

01:15:22.000 Criminal law is a fairly common thing, right?

01:15:24.000 When you add Super Bowl, it basically erases all of the other search terms, indicating volume for Super Bowl greatly exceeds the volume for the other terms.

01:15:34.000 Now, that's unfair.

01:15:35.000 The Super Bowl's massive, right?

01:15:36.000 Let's just try...

01:15:37.000 I mean, that's only a three-day, four-day span, too.

01:15:39.000 When you put in the search term for pizza, you can see there is no trend.

01:15:44.000 Pizza tends to go up on the weekends and then go down on the Mondays or whatever.

01:15:48.000 But for the most part...

01:15:49.000 Search on Google in District of Columbia for pizza is basically the same and drops all of the other search terms down to single digits, sometimes one, two, four or otherwise, whereas pizza remains strong.

01:16:04.000 So what this means is criminal lawyer, suicide, layoff and fraud are all being searched for in comparable volume, indicating that at the very least how they are all beginning to trend around the same time.

01:16:19.000 And that they're all around the same numbers, it is likely one cohort in the District of Columbia that is experiencing something like this.

01:16:27.000 I guess what I'm saying is, this is circumstantial evidence that following the gutting of USAID, now the IRS and these other government departments, the firing of these individuals, and the fear of fraud.

01:16:43.000 Has resulted in these people searching for these terms.

01:16:46.000 When criminal lawyer was found to be going viral or trending on Google search, a lot of people were like, hmm, I wonder how many people near D.C. knew that they were defrauding the government.

01:16:57.000 When you then see that Mark Mitchell searched for the term suicide and saw a comparable trend on Google in the District of Columbia, you have to wonder what is the motivating factor.

01:17:08.000 That's why I added these other terms.

01:17:09.000 It could be layoffs.

01:17:10.000 It could be the fraud.

01:17:12.000 But it seems to be that the actions being taken by Donald Trump has resulted in people panicking, fearing criminal prosecution, searching for the term fraud for any reason, and some people contemplating self-harm, which I will stress, please, you know, seek help.

01:17:26.000 Nobody, you know, don't do it.

01:17:29.000 But simply, to wrap it all up, there's a lot of criminals.

01:17:35.000 Well, I mean, that's going to be hard to find.

01:17:38.000 You know, it's a delicate issue, and I don't know that any journalist wants to go to local fire departments in D.C. and start asking them those questions, but maybe.

01:17:47.000 I mean, no, I mean, journalists sometimes ask those questions, real ones.

01:17:51.000 But I think it's plain to see there's a lot of people who are probably guilty about something or scared of something.

01:17:59.000 Yeah, I mean, there's part of me that wonders if people are...

01:18:04.000 Freaking out because of what they believe Trump will do once, like, Kash Patel's in, you know, once he gets into his position and he's confirmed and the actual policies that Trump's been talking about.

01:18:16.000 I wonder if people think that this situation is they're going to persecute me because I was anti-Trump as opposed to I know that I've actually done something wrong and I have to worry about it.

01:18:30.000 Because...

01:18:31.000 There's so many people that have this hyperbolic, like they believe Trump is a dictator. 1.00

01:18:37.000 They genuinely believe the garbage that they say about him, like Trump is Hitler, etc., etc. 0.98

01:18:43.000 And so I wonder if these searches are because they're like, oh man, they're on to me and they know what I've done, or if they're like, oh, Trump is... 0.99

01:18:54.000 The reincarnation of Hitler, and he's gonna come... 0.98

01:18:56.000 It almost makes me wonder if it's like narcissistic, like self-aggrandizing.

01:19:02.000 Like, I work at the IRS, and he's gonna come after me.

01:19:05.000 It's like, well, you're not really that big of a deal there.

01:19:08.000 I feel like if you're working for the government for the last couple years, for the last whatever, how long they're working in the government, they've partaken in something that has been a kind of bit shady, no matter what.

01:19:21.000 I'm sure one little thing they did was a little shady one day.

01:19:24.000 Three years ago, they were like, wait, maybe that was wrong.

01:19:27.000 Maybe I should have done that.

01:19:27.000 And this might be like, oh, shoot, now they're going to come after us.

01:19:30.000 They're going to come after this one thing.

01:19:32.000 In the interest of fairness, I'd like to read this super chat from Real Hydro.

01:19:35.000 Hey! 0.99

01:19:36.000 Who said, Valentine's Day just passed.

01:19:38.000 It's the time people look to end things.

01:19:40.000 Tim, you just look for correlation to fit your narrative.

01:19:42.000 Confirmation bias.

01:19:43.000 Well, sir, in the interest of fairness, I have just pulled up the search for Valentine's Day and suicide for the month of February and found zero correlation on any of the days.

01:19:55.000 Yeah, I searched for a bunch of other terms, too.

01:19:58.000 I searched for Trump, I searched for Biden, I searched for Democrats, I searched for Republicans.

01:20:01.000 When I was doing my story earlier and pulling up this research, I didn't just choose those four words.

01:20:06.000 Those are the four words that seemed to correlate to comparable volume.

01:20:10.000 As you can see, Valentine's Day maintains a stable Google search trend, and there is no correlation with suicide.

01:20:17.000 Even when Valentine's Day spikes to 100%, the suicide term doesn't move at all.

01:20:24.000 There's no correlation at all.

01:20:26.000 Is that a real thing?

01:20:27.000 Do people...

01:20:28.000 I'm sure that people are lonely and depressed.

01:20:30.000 Yeah, but do they go to that?

01:20:31.000 I mean, I've never heard of that being...

01:20:32.000 It's clearly not there.

01:20:33.000 Right.

01:20:34.000 Clearly not there.

01:20:34.000 There we go.

01:20:35.000 So when you see that the term for suicide spiked, what day was it?

01:20:40.000 February 5th.

01:20:42.000 February 5th is when that term spiked.

01:20:44.000 Alongside fraud.

01:20:45.000 At 100%, meaning for every eight searches, or how do we want to do the math on this one?

01:20:54.000 Let's just say it was three to four, or four to three.

01:20:58.000 There were four fraud searches for every three suicide searches on the same day.

01:21:02.000 And that's February 5th, not Valentine's Day.

01:21:04.000 That's kind of extreme, man.

01:21:06.000 Like, I did a little fraud, so I'm going to, like, consider...

01:21:08.000 Well, I mean, look, I genuinely believe there are people in D.C. who are sweating bullets right now because they know they were sending in fraudulent invoices to the government.

01:21:17.000 And Elon is auditing.

01:21:18.000 And that's why the entire apparatus of the bureaucracy was fighting against Trump and Elon.

01:21:24.000 Look, man, it's really simple.

01:21:26.000 Ten years ago, some guy gets out of college.

01:21:28.000 He moved to D.C. He's like, I'm going to work for these lobbying firms or whatever.

01:21:32.000 And it's a job.

01:21:34.000 He moves up a little bit.

01:21:35.000 And then someone says.

01:21:37.000 Hey, submit this invoice to the Treasury Department.

01:21:39.000 And he looks and he goes, these are billable hours we didn't do.

01:21:43.000 And he goes, ah, but just send them in anyway.

01:21:45.000 They'll pay it.

01:21:45.000 Are we allowed to do that?

01:21:46.000 Ah, they always just pay. 0.55

01:21:48.000 Are you sure we're allowed to do this?

01:21:50.000 This is how D.C. works, kid.

01:21:51.000 Do you want to work in D.C. or not?

01:21:53.000 You send in the hours, they pay.

01:21:55.000 And he goes, all right, I guess.

01:21:57.000 A couple years goes by, and he's like, this is what we do.

01:22:00.000 Start sending in hours himself, saying, what did we do?

01:22:03.000 We did 10 hours, call it 20. Trump gets in and says, we're going to look for the fraud.

01:22:07.000 And now this person is sweating bullets being like, I must have billed 7,000 hours over the past several years ripping off the government for a million dollars.

01:22:17.000 That's felony prison sentence level stuff.

01:22:20.000 And everybody did it.

01:22:22.000 And now his lawyers going, oh yeah, everybody was committing a crime, so you did too?

01:22:25.000 Good luck telling the judge that.

01:22:27.000 But they're looking up suicide.

01:22:29.000 What are they looking up?

01:22:29.000 Like, how do I... I don't care.

01:22:32.000 I don't care.

01:22:34.000 Take it back.

01:22:36.000 Not a good search product.

01:22:38.000 Just fraud is a big deal.

01:22:41.000 Sorry, go ahead.

01:22:42.000 No, I was wondering the same thing.

01:22:44.000 I don't know if this is insensitive to say.

01:22:46.000 I just think about all the times that I've been suicidal.

01:22:48.000 If you really intended to...

01:22:49.000 We don't want to speculate or...

01:22:53.000 Deep dive into any of that.

01:22:54.000 We don't want people to do it.

01:22:55.000 Or do we want anyone to learn or get any ideas as to what it could mean or why or anything other than nobody should and people love you.

01:23:03.000 And if you're concerned about your friends and your family, for the love of all that is holy, please check on them.

01:23:06.000 Because if you have those feelings, do the very opposite.

01:23:09.000 Live harder.

01:23:11.000 And be responsible for the actions you've taken.

01:23:14.000 You know, I apologize for cutting you guys off.

01:23:17.000 No worries.

01:23:17.000 My concern is there's going to be one person out there and...

01:23:21.000 Any kind of explanation or elaboration could lead someone down a dark path.

01:23:26.000 We don't want that.

01:23:26.000 No, we want everyone to live happy, healthy lives.

01:23:28.000 Yep.

01:23:29.000 Man.

01:23:29.000 No matter who they are.

01:23:30.000 Look, I'm against the death penalty.

01:23:32.000 I think there are evil people out there who do evil deeds, and we have a right to defend ourselves.

01:23:37.000 That includes lethal force, and this is codified in law when you're allowed to do it.

01:23:40.000 Check your state laws.

01:23:41.000 I'm not giving you advice on anything.

01:23:43.000 But I still don't want anybody to lose their life.

01:23:45.000 Agreed.

01:23:46.000 It's a challenge.

01:23:47.000 There's a lot of people out there I see on the internet.

01:23:48.000 There's a lot of people in the comments like, Tim, you're wrong.

01:23:50.000 Some people are so evil.

01:23:51.000 I'm like, I get it.

01:23:52.000 I get it.

01:23:53.000 I understand.

01:23:55.000 I will just never glorify death from anyone for any reason because we hope.

01:24:00.000 I mean, look, life is light.

01:24:04.000 It is the creation.

01:24:06.000 It is the expansion.

01:24:07.000 It's a miracle.

01:24:08.000 There is, you know, it is.

01:24:13.000 The laws of thermodynamics as we know them is that the universe tends towards chaos, and life is striving to fight against the darkness every single day.

01:24:20.000 So we want in all our power to preserve life to the best of our abilities, in every facet, and it's really, really difficult to do. 0.93

01:24:28.000 Well, they're crooks. 0.88

01:24:29.000 So they're looking up fraud and they're worried about Trump.

01:24:32.000 And I'm worried about them too because, look, you may have taken money from the government illicitly or for whatever reason, but I don't want bad things to happen to you.

01:24:39.000 First of all, we want public accountability.

01:24:41.000 We want to know what happened.

01:24:42.000 We want penance.

01:24:43.000 We want responsibility and accountability.

01:24:45.000 And we want rehabilitation.

01:24:47.000 And we want to know that we are going to do the right by those who are wronged by this.

01:24:55.000 And just, we want to be good.

01:24:57.000 That kind of reminds me of, Ms. Chloe, love conquers all.

01:25:02.000 Because at the end of the day, I'm sure you've discovered love.

01:25:05.000 And that is a beautiful thing.

01:25:08.000 Everyone loves love.

01:25:09.000 Chloe, you've discovered love?

01:25:12.000 I don't know.

01:25:14.000 This is awfully personal.

01:25:17.000 Not awkward at all.

01:25:19.000 I discover love, who doesn't?

01:25:21.000 A love of life, a love of God, a love of everything that I have.

01:25:25.000 That was exactly what I lacked before.

01:25:27.000 And that's what leads people into dark places like that.

01:25:31.000 Yeah, Phil.

01:25:34.000 Let's jump to this next story, which is...

01:25:36.000 This is probably one of the more serious stories of the day.

01:25:39.000 This is from NPR. Trump claims expanded power over independent agencies.

01:25:43.000 I appreciate the simple narrative from NPR, in all honesty, because what Trump did was he basically said, the Constitution, Article 1 says the executive power is vested in the president.

01:25:55.000 Congress, at some point, created independent agencies that they claim Trump has no authority over, despite the fact the Constitution says he has full authority over the executive branch.

01:26:07.000 It is fascinating to me that right now the narrative is Trump just made a major power grab to all the progressive organizations because he issued an executive order saying...

01:26:17.000 Federal agencies have to report to the Office of Management and Budget, and then we're going to supervise the things they're doing and the money they're spending.

01:26:24.000 This is a continuation, or it relates to something that we've been talking about, which is our, or at least my belief, that I think most of the people around the table have said they kind of agree with.

01:26:34.000 That Donald Trump is trying to get the authority back into the office of the presidency, the constitutional authority over the executive branch.

01:26:46.000 So there's all these bureaucracies that have grown up underneath the cabinet ministers, underneath the Secretary of State, the Secretary of Defense, all the cabinet, right?

01:26:58.000 So they all have a bureaucracy.

01:26:59.000 Each cabinet position has a bureaucracy underneath them, and it's full of people that can't get fired.

01:27:06.000 Government employees never get fired because there are unions that protect them, which are absolutely abhorrent.

01:27:12.000 There should be no public sector unions.

01:27:14.000 Unions should not exist to work against the American people.

01:27:18.000 The office of the president should have the authority to fire whoever he wants in the executive branch.

01:27:27.000 It exists in order to carry out the laws written by Congress.

01:27:32.000 Congress writes the laws.

01:27:33.000 The president executes them.

01:27:35.000 That's why it's the executive branch.

01:27:37.000 He does have latitude in how they're executed, and that's why there are some rules that can be made in the executive branch.

01:27:45.000 All of the executive branch agencies, they've all become de facto legislators because the rules that they come up with have the force of law.

01:27:54.000 And these are positions that right now, it's difficult to fire people.

01:28:00.000 And when I say difficult, almost impossible.

01:28:02.000 So the point that Donald Trump is making with these kinds of moves is to get this question in front of the Supreme Court so he can have the backing of the court to say, no, the executive does have the authority to fire people.

01:28:16.000 The executive does have the authority to decide how things are carried out.

01:28:20.000 And this is vitally necessary because the executive, as in the president, is elected by the people.

01:28:26.000 The bureaucracy is not.

01:28:28.000 We hear people talk about things like the entrenched bureaucracy and the forever state and the government that doesn't go away.

01:28:35.000 The bureaucracy has no purpose.

01:28:37.000 They have no obligation to listen to the people.

01:28:41.000 There's some changes when a new executive comes in, but when...

01:28:44.000 When the bureaucracy has been there for 20 years, 15, 20 years, they're not going to be all that concerned with a new administration.

01:28:52.000 It's basically business as usual.

01:28:54.000 That's why USAID has done all the things that it's done.

01:28:57.000 That's why there's no changes at the FDA. That's why there's never any changes at the EPA. That's why the government's power only grows.

01:29:04.000 So this is extremely important to get the power back to the elected official.

01:29:11.000 In the executive branch, because that's the way that the people can actually decide how they're governed.

01:29:18.000 Has the Congress for years been working towards making the executive branch less powerful?

01:29:25.000 By making these independent agencies?

01:29:27.000 I would call it anarcho-tyranny, in that they've empowered it in the worst ways possible while curtailing it in the worst ways possible.

01:29:34.000 Both ends of the scandal?

01:29:36.000 Yep, so the president can go to war whenever he wants, but can't stop the out-of-control spending and the corruption.

01:29:42.000 Basically, Congress has empowered corruption in every aspect.

01:29:45.000 And both of those things that Tim's talking about are unconstitutional, right?

01:29:49.000 The Congress voted to give President George Bush the authority to decide if he was going to take military action in Iraq. 0.86

01:29:59.000 And they did it because it was full of cowards that didn't want to actually vote on whether or not to go to war.

01:30:06.000 The reason we haven't had an official war and we've only had police actions and the war on terror that was carried out under the authorization to use military force, it's because the Congress has been spineless and afraid to actually vote yes or no on war.

01:30:23.000 If they give the power to the president, which they don't have any constitutional authority to do that, right?

01:30:30.000 The Constitution says Congress declares war. 0.97

01:30:32.000 It doesn't say Congress declares war unless Congress is full of chicken shits that don't want to actually vote on it because they're afraid of their constituents so they can give that power to the president. 0.91

01:30:42.000 You can't give that power to the president without a constitutional amendment. 0.99

01:30:46.000 But Congress is cowards and the entire...

01:30:49.000 Our government is lawless.

01:30:50.000 So we need to have the president have his constitutional powers, which is not to execute foreign wars or to engage in foreign wars, but is to fire bureaucrats.

01:31:02.000 Yeah, that makes sense.

01:31:04.000 I would like to know, my friend, how do you feel about going over fighting in the desert and us going to war with them?

01:31:15.000 How do I feel about fighting in the desert?

01:31:17.000 I feel like it's dry and hot to fight in the desert.

01:31:21.000 Okay.

01:31:21.000 If you fight in the jungle, it could be wet, muddy.

01:31:24.000 Moist.

01:31:27.000 Nice word.

01:31:29.000 Okay, so yeah. 0.99

01:31:30.000 It kind of sucks. 0.97

01:31:31.000 That means the last 40-some years must shoot longer than that. 0.98

01:31:35.000 We've been running an unconstitutional government.

01:31:38.000 Yeah, all of our foreign actions.

01:31:41.000 Indeed.

01:31:42.000 It's terrible, very clearly.

01:31:44.000 Since the end of World War II. And so now Donald Trump is trying to bring it all back to sanity.

01:31:49.000 Love it.

01:31:50.000 It is remarkable to me that Congress created agencies of the executive branch that operate outside the powers of the president because that's unconstitutional on its face.

01:31:57.000 And now they're arguing it's unconstitutional for Trump to try and assert his constitutional authority as president.

01:32:02.000 It is clear that their intent was to create a deep state bureaucratic machine that operated outside the confines of any branch and that Trump would try to stop it.

01:32:10.000 They claim is what's wrong.

01:32:11.000 Well, I say what Trump is doing is what needed to be done a long time ago.

01:32:14.000 And for the first time in my life, we have a real president.

01:32:17.000 Is that your Besimov, that gentleman who said we've been infiltrated many years ago?

01:32:21.000 You think that's the underlying?

01:32:24.000 Some people might.

01:32:26.000 I know.

01:32:30.000 I love his work.

01:32:32.000 I think he's spot on about the threat from Russia.

01:32:37.000 I agree.

01:32:38.000 And I would even go further than what Elad says.

01:32:41.000 I would say that it's from the whole leftist ideology.

01:32:44.000 So it was the KGB and it was the Soviet Union.

01:32:49.000 But after the fall of the Soviet Union, the people that are leftists, the people that believe in communism, the people that believe that that is the goal of...

01:33:02.000 That it is an inevitable march towards a global society with no currency and no property.

01:33:10.000 Those people didn't just go away and those ideas just didn't go away just because the Soviet Union fell apart.

01:33:18.000 Putin's one of them.

01:33:19.000 He was a KGB guy.

01:33:21.000 And he's long lamented the fall of the Soviet Union.

01:33:25.000 There are a lot of people in Russia who feel the Soviet Union did not have to collapse.

01:33:30.000 I don't completely disagree.

01:33:31.000 I mean, there are ways to keep people oppressed.

01:33:34.000 But it did.

01:33:36.000 And a lot of these people were pissed off about it and want to bring it back.

01:33:39.000 I think the Soviet Union's collapse is one of the great American triumphs over communism.

01:33:44.000 And it was a good thing.

01:33:46.000 And we probably should have pushed harder before the CCP became a thing in China.

01:33:51.000 Water and nip it in the bud sooner than later. 0.99

01:33:54.000 You can thank the U.S. government for empowering China.

01:33:57.000 Yes.

01:33:57.000 Enriching them as well.

01:33:59.000 Who was it?

01:34:00.000 Kissinger?

01:34:01.000 I think Nixon.

01:34:03.000 Nixon and Kissinger helped open relationship, trade relationship.

01:34:05.000 Why is Wilcox kind of normalized?

01:34:07.000 Why is Steve Wilcox the new Henry Kissinger?

01:34:10.000 Well, Henry Kissinger was viewed as like a realist diplomat who, you know, did he really open China or just was he...

01:34:19.000 Not thinking that, pretending that Taiwan was the, you know, how long could we ignore China for before we try to build some sort of relationships with them?

01:34:26.000 As I'm thinking, it's this realpolitik school of thought, and he was able to accomplish a lot with his sort of diplomacy, especially compared to the people who came after him.

01:34:36.000 Deng Xiaoping was the, I guess, Prime Minister of China.

01:34:42.000 He was the chairman at the time that Nixon went over there.

01:34:46.000 And Deng Xiaoping had a different relationship with Marxist theory than Mao.

01:34:50.000 So Mao Zedong was very...

01:34:53.000 He believed Marxist theory.

01:34:54.000 He believed that China was a Marxist-Leninist country with Chinese characteristics.

01:35:00.000 Whereas Deng Xiaoping...

01:35:02.000 He believed that he had a saying that was, I don't care if the cat is black or white as long as it catches mice.

01:35:09.000 So he didn't care if it was purely Marxist-Leninist or what type of communist was, as long as it provided for the people and kept the Communist Party in power.

01:35:20.000 And so that's why they opened up markets, and that's why you have things like...

01:35:28.000 China has massive industry and they have what looks like markets in China, but they're all controlled by the CCP, by the actual Communist Party.

01:35:40.000 That's why ByteDance has an official CCP representative.

01:35:47.000 In their office, like in the building, they have someone that represents the CCP. And they all know that if the CCP says do this, they have to do this, or the CCP will take their property.

01:35:58.000 We've got breaking news.

01:35:59.000 Trump just signed an executive order terminating all taxpayer-funded benefits for illegal aliens and the end of subsidization of open borders.

01:36:07.000 So that's actually much, I think, more massive than people realize.

01:36:11.000 With things like TPS and housing, jobs, vouchers, I mean, I'm curious about what's going to happen to these luxury hotels in New York.

01:36:21.000 I believe also illegal migrants get health care through the city, in New York City, if I'm not mistaken. 0.99

01:36:26.000 In Pennsylvania we did, but you had to be a minor.

01:36:28.000 We would give, even if, no matter who you are, we'd give in Pennsylvania.

01:36:32.000 Not if you're an American citizen, though.

01:36:33.000 No.

01:36:34.000 Gotta look.

01:36:34.000 Yeah, it's very true.

01:36:36.000 And then there's the right to housing laws in New York City, which is why all the migrants had to be housed in these different hotels and whatnot by law.

01:36:45.000 So we'll see how.

01:36:46.000 I'm sure this will go up to the courts, up through the courts.

01:36:50.000 Why is he doing it so late at night?

01:36:51.000 What's going on?

01:36:51.000 I mean, now we've got to go Super Chats.

01:36:52.000 Bro, what do you mean?

01:36:53.000 Yes, the man's working!

01:36:55.000 He's always working, yo.

01:36:56.000 Remember when Joe Biden was in office and they would literally call a lid at 1 in the afternoon?

01:37:02.000 He's ready for office doing lids at 1 in the afternoon.

01:37:05.000 He's done for the day.

01:37:06.000 I wish I could do that.

01:37:07.000 I mean, I kind of do.

01:37:08.000 And then become president, yeah.

01:37:10.000 You know, my struggle is to sleep enough.

01:37:13.000 Because I used to not sleep.

01:37:16.000 Because I just don't have time, don't want it.

01:37:18.000 But now I'm trying to sleep more, and it's actually very difficult.

01:37:21.000 Like, normally I would sleep six hours a night, and I hear Trump does too.

01:37:25.000 And my sleep tracker was always like, you're doing great.

01:37:29.000 But now I'm like, I'm going to try and just get more sleep, although my tracker's now saying you can't force more sleep if your body doesn't need it.

01:37:35.000 You better get in while you can, Tim.

01:37:37.000 I've been doing about seven hours.

01:37:38.000 Okay.

01:37:39.000 Yeah.

01:37:40.000 Oh, no, I'm getting my sleep.

01:37:41.000 I need more than that.

01:37:41.000 I need like ten hours of sleep per night, which...

01:37:43.000 After quarantine, I used to get like...

01:37:45.000 Ten hours is nuts.

01:37:46.000 I used to go to bed at like 3 a.m.

01:37:49.000 Women? 1.00

01:37:49.000 Wake up at 3 p.m. 1.00

01:37:51.000 And then for like a few years while doing this stuff, like, I would get maybe like a total of like five hours per night, which is not good.

01:37:59.000 Women require more sleep than men. 1.00

01:38:00.000 That's true.

01:38:01.000 Yeah.

01:38:02.000 I think...

01:38:02.000 That was pretty messed up for a while, as you can probably imagine.

01:38:04.000 When I moved down here in my apartment, I bought a nice bed, like a really nice mattress, and...

01:38:09.000 I, that thing, I sleep for like nine hours if I don't set an alarm, and I shouldn't be sleeping that long, because like, you know, as you get older, you're supposed to get less, you're supposed to require less and less sleep, I thought.

01:38:21.000 Really?

01:38:21.000 No, you require more.

01:38:22.000 That's why grandmas, grandmas. 0.84

01:38:23.000 How old people slept less? 0.96

01:38:24.000 They wake up super early, old grandmas.

01:38:26.000 They also go to sleep early.

01:38:27.000 No, no, no, no, no, no.

01:38:29.000 No.

01:38:30.000 So, like, I'm getting close to 40. And I've got my sleep and health and fitness trackers.

01:38:34.000 And it gives you like a detailed breakdown.

01:38:36.000 And you need more sleep.

01:38:38.000 You have less human growth hormone when you sleep.

01:38:40.000 You get less testosterone when you sleep.

01:38:41.000 So you need to really maximize your deep sleep, which is the first block within the first hour or so.

01:38:46.000 I got a sleep eight bed.

01:38:49.000 Amazing.

01:38:50.000 Luke recommended it.

01:38:51.000 It's automated temperature control.

01:38:54.000 So it adjusts the temperature to keep you asleep and maximize deep sleep.

01:38:57.000 And then when you wake up, it shows you your REM light and deep sleep.

01:39:00.000 And when you're awake.

01:39:01.000 And it maps it out for you.

01:39:02.000 And then based on your sleeping pattern, you can assess what your issues are.

01:39:08.000 And so there's a whole bunch of tricks that it tells you, like, you want to maximize deep sleep, you want to get more REM sleep.

01:39:12.000 I bought this thing called the Sleep Sanity.

01:39:15.000 It's like a mask with goggles.

01:39:18.000 It's like a weird thing.

01:39:18.000 It's like a blindfold, basically.

01:39:20.000 But it's got Bluetooth.

01:39:22.000 And when you go to bed, it has a yellow light.

01:39:24.000 So it stimulates sunset, which stimulates melatonin, which gives you better deep sleep.

01:39:29.000 And then when you're about to wake up...

01:39:30.000 It stimulates sunrise so it naturally wakes you up in the morning so that your hormone levels are all great.

01:39:36.000 Yeah, because humans used to go to sleep when it got dark and wake up when the sun was coming out, you know what I'm saying?

01:39:39.000 So I'm trying to maximize.

01:39:42.000 I'm just trying to make sure I'm doing everything as best as can possibly be done.

01:39:46.000 Is it too primer for me to say that we're kind of overcomplicating something as simple as sleep with this?

01:39:52.000 No.

01:39:53.000 I mean, I just think it's science.

01:39:56.000 You know what I mean?

01:39:56.000 Yeah.

01:39:57.000 I want to know why it is some days I wake up feeling tired and some days I wake up feeling great.

01:40:03.000 And I want to make sure every day I wake up feeling great.

01:40:07.000 And so since I started using the sleep bed and the tracker, and there's a bunch of different strategies for the level of exercise you do.

01:40:15.000 Some say have a protein shake before bed.

01:40:17.000 Others say don't drink too much.

01:40:19.000 Otherwise, you'll wake yourself up.

01:40:21.000 You have to go to the bathroom.

01:40:21.000 And that's bad for your sleep cycles.

01:40:23.000 So there's strategies.

01:40:24.000 But since I've done the basics of it, I've had no bad night's sleep for five years or longer.

01:40:31.000 Yeah.

01:40:32.000 I almost always wake up feeling great.

01:40:34.000 And that's good.

01:40:36.000 Maximum recovery.

01:40:37.000 I wake up feeling great just because I woke up and I woke up breathing.

01:40:40.000 So it's always a benefit to me.

01:40:42.000 For me, the issue is I work, you know, basically 16 hour days.

01:40:45.000 So when I'm going to bed, if I'm not, it is like, if for some reason I'm forced to stay awake, like I have to work till one in the morning for some reason, and then I go to bed.

01:40:56.000 Oh, I wake up in pain.

01:40:58.000 Like, it's just so hard to work to think.

01:41:00.000 Let's go to Super Chats, though.

01:41:01.000 So smash the like button.

01:41:02.000 Share the show with everyone you know.

01:41:03.000 Become a member by joining Rumble Premium.

01:41:06.000 Become a member of Rumble Premium.

01:41:07.000 See, I'm still so used to saying member of Teamcast.

01:41:09.000 Rumble Premium is where the uncensored call-in show will be taking place in about 20 minutes.

01:41:13.000 And it's going to be fun.

01:41:15.000 Uncensored, where our members will call and talk to us on the show.

01:41:19.000 And then we'll get into heated debates.

01:41:20.000 It'll be great.

01:41:21.000 Also, for all of our Rumble Premium users, we've got feature-length documentaries.

01:41:25.000 We have the Green Room Podcast, which is an entirely other behind-the-scenes, uncensored show.

01:41:31.000 We recorded one with Chloe and Chuck earlier today, where Chloe told her story.

01:41:35.000 Nice.

01:41:35.000 So if you want to get the straightforward story from Chloe, it's up on rumble.com slash timcast IRL. But for now, we'll grab your Super Chats.

01:41:43.000 All right.

01:41:45.000 Fook at Freddy's says, Elad is in the top 1% of the world and clueless.

01:41:51.000 Well, all right.

01:41:52.000 Cool. 0.99

01:41:53.000 Jay Shield says, damn, Bernie aged in reverse. 0.99

01:41:56.000 I don't know. 0.99

01:41:57.000 Oh, is he talking about a lot again?

01:41:58.000 What was that one?

01:41:59.000 Oh, it's getting bad for you, buddy.

01:42:00.000 Bernie aged in reverse.

01:42:02.000 As long as they're sending the super chats in.

01:42:03.000 It is money.

01:42:04.000 I hope they don't start roasting me.

01:42:06.000 No, everyone loves you.

01:42:08.000 A Siri design says, Elad, you're a communist and you don't even realize it, bro.

01:42:13.000 I don't think you're right, but okay.

01:42:16.000 Taxation makes you a communist now.

01:42:17.000 Believing in a progressive tax rate makes you a communist.

01:42:19.000 Well, I mean, you ask a libertarian and they'll say yes.

01:42:22.000 Well, I think the libertarians are a Trojan horse for the left, if anything, so good for them to think so.

01:42:27.000 Who do you describe yourself as?

01:42:29.000 Anti-left.

01:42:31.000 Chase says Milo was right.

01:42:33.000 Oh, man.

01:42:34.000 Imagine thinking Milo being a role model.

01:42:38.000 Good for you.

01:42:40.000 Normies Get Out says Elad is a commie.

01:42:42.000 I'm going to skip over those.

01:42:44.000 Normies Get Out, come on. 1.00

01:42:45.000 Lance says the income tax was sold as a temporary tax for the wealthy only.

01:42:49.000 The law does not realize whatever we agree to will come down on everyone.

01:42:54.000 Well, that's an interesting point.

01:42:55.000 More understanding of the argument.

01:42:57.000 Sure.

01:42:57.000 So let's say we go, no, no, no, you're right.

01:42:59.000 Bezos is a special case.

01:43:01.000 Let's tax his unrealized gains.

01:43:03.000 Fifty years from now, every single person in this country will be taxed on anything they own, including a chair.

01:43:08.000 I don't know how else to say this, so I'll say it one more time.

01:43:11.000 The top net worth individuals in our country need a special case, and the laws that we apply to them will not apply to people who earn less than...

01:43:22.000 I just feel like you didn't listen to anything I just said.

01:43:24.000 Yeah, I did.

01:43:25.000 You said how...

01:43:26.000 Now if we move forward with taxing...

01:43:27.000 I literally read a super chat that said, the income tax was sold...

01:43:30.000 Based on exactly what you just said, following the course of history, it will be applied, no matter what we do, to everyone.

01:43:37.000 And then you said again, as if you didn't listen to anything I just said.

01:43:41.000 No, the way I was expressing the mechanisms and how I want these laws to work, I mean, yeah, you're saying a bastardized version of what I'm advocating for.

01:43:49.000 Okay, let's start again.

01:43:50.000 That's like saying, if you ever advocate for any sort of censorship at all, don't you know that censorship could be used against things you like?

01:43:56.000 Therefore, we shouldn't censor anything.

01:43:58.000 So the argument is...

01:43:59.000 The income tax was originally sold as only on the wealthy, and the fear then is, following that, it will be the same.

01:44:06.000 Whereas, the censorship argument is a moral argument over what we censor when we decide to censor it, and could go one of other directions.

01:44:15.000 Taxes are only voted in one direction.

01:44:16.000 The mechanisms that taxes are done through can be used improperly.

01:44:19.000 I don't know what to say.

01:44:20.000 Yeah, bastardized versions of the way laws are supposed to be used is bad and wrong.

01:44:24.000 I just want to clarify, I mean...

01:44:27.000 Quite literally, if your argument is that the wealthy of this country should be taxed differently, that is socialist.

01:44:33.000 It's socialist to think what?

01:44:34.000 Say that one more time.

01:44:35.000 If you believe that the highest tax bracket of wealth holders should have a special law placed against them to be taxed differently.

01:44:43.000 So the government should seize their wealth.

01:44:46.000 No, not seize their wealth.

01:44:47.000 Is the government seizing our wealth by taxing us?

01:44:50.000 Yes.

01:44:50.000 Okay, so I guess we're in a socialist country right now?

01:44:52.000 We are called a mixed economy.

01:44:54.000 So not a socialist country.

01:44:56.000 We are a mixed economy that applies certain socialist principles to capitalist markets.

01:45:01.000 That's why we're not a capitalist country, nor we are a...

01:45:04.000 But it's called a mixed economy because it applies both.

01:45:07.000 And the argument often is the battle between the two and which direction we want to go.

01:45:12.000 So the left advocating for the socialist tilt, which is increased taxes more and more, and the free market side, which includes some Republicans and many libertarians to decrease taxes.

01:45:23.000 So I disagree with the argument that taxes or increasing taxes and having different types of taxes on different income earners or net worth people is communist or socialist.

01:45:33.000 I think it's like a misunderstanding of what socialist is.

01:45:36.000 Socialist is when people seize the means of production.

01:45:40.000 And just to say countries have taxation.

01:45:42.000 I don't think it means there's...

01:45:44.000 Phil, before you jump in...

01:45:45.000 Like, for example...

01:45:46.000 Wait, can I please finish?

01:45:47.000 Can I please finish?

01:45:48.000 In the Nordic countries with high taxes, we don't call them socialists.

01:45:51.000 I'm going to turn it off because you made a point and then you tried rambling over it.

01:45:54.000 It's called a gish gallop so that no one could challenge your incorrect statement.

01:45:57.000 Which one?

01:45:57.000 Go ahead.

01:45:58.000 That is, stock the wealth Bezos owns is his equity and ownership of the company and you are advocating for seizing his means of production.

01:46:06.000 I said there should be a mechanism in which we have these high net worth individuals pay more in taxes. 0.98

01:46:12.000 I say let's see.

01:46:12.000 Let's stop.

01:46:13.000 You made a point.

01:46:14.000 Now it will be addressed.

01:46:15.000 You made your point.

01:46:16.000 Okay.

01:46:17.000 Give me the money.

01:46:18.000 You advocated for the imagined equity ownership wealth.

01:46:22.000 Right.

01:46:23.000 Not his income.

01:46:24.000 Correct?

01:46:25.000 Correct.

01:46:25.000 That is taking his control of the company away.

01:46:30.000 I don't know how else to say this, that Jeff Bezos should be taxed differently.

01:46:33.000 I mean, you could not accept that, but we should move forward.

01:46:36.000 To call it socialist, just suggest that...

01:46:37.000 Let's slow down.

01:46:38.000 You made a point.

01:46:39.000 Here's what we do.

01:46:40.000 You make a point, and then someone responds to it.

01:46:42.000 You're gish-galloping. 1.00

01:46:43.000 Do you know what that means?

01:46:44.000 Yeah.

01:46:44.000 It means you're saying a bunch of random things at once so no one can respond.

01:46:47.000 Okay?

01:46:49.000 Jeff Bezos should be taxed differently, particularly because he has massive wealth.

01:46:55.000 His wealth is tied to his equity in Amazon.

01:46:58.000 Correct.

01:46:59.000 Right?

01:47:00.000 Yes.

01:47:00.000 You want to take that equity from him.

01:47:04.000 In some form, be it 1% or 10%.

01:47:07.000 I don't know the number.

01:47:08.000 There should be a mechanism for these high net worth individuals to pay more in taxes.

01:47:14.000 I am not an accounting professional.

01:47:16.000 So whether that be they have to sell a certain amount of taxes or what have you, I'm sure Jeff Bezos has many...

01:47:23.000 All right.

01:47:24.000 So let's now address it.

01:47:25.000 So you are saying...

01:47:27.000 The government should create a mechanism by which Jeff Bezos must relinquish control of his company.

01:47:33.000 Right?

01:47:35.000 No, not his company.

01:47:36.000 Do you know what equity is?

01:47:38.000 Yes, but I'm not saying that, but now you're gish-galloping. 1.00

01:47:41.000 No, I'm not.

01:47:41.000 Something specific.

01:47:42.000 Let's get back to the point.

01:47:43.000 I don't think he should have to sell equity of his Amazon company.

01:47:46.000 He could figure out ways of paying taxes in a different form.

01:47:50.000 On his net worth.

01:47:53.000 Which is his equity in Amazon.

01:47:55.000 Which is tied up in...

01:47:56.000 Amazon stock, in part.

01:47:58.000 And the stock is his ownership of the company.

01:48:00.000 Okay, let's slow down.

01:48:00.000 I'm going to give a few basic points, everybody.

01:48:02.000 Yes, sir.

01:48:03.000 The shares you hold in a company represent your equity stake and ownership of the company.

01:48:08.000 Tim Pool owns 100% of Timcast Media.

01:48:11.000 The company does have shares.

01:48:13.000 It's a private company, and I hold all of them.

01:48:15.000 If the government said those shares have a value based on the revenue of the company, you have to pay taxes on those shares.

01:48:20.000 That would force me to relinquish control of this company in some direction.

01:48:25.000 That is called The government seizing ownership of the company.

01:48:30.000 I don't agree with the specific mechanism.

01:48:33.000 You're wrong.

01:48:33.000 Alright, well, there you go.

01:48:35.000 You just think I'm wrong.

01:48:36.000 I think Jeff Bezos doesn't pay enough in taxes and just like similarly the top 100 net worth individuals in our country.

01:48:42.000 No, I'm not.

01:48:43.000 And that's not the definition of socialism at all.

01:48:45.000 What is it, Elad?

01:48:46.000 It doesn't matter what you think you are.

01:48:48.000 You're advocating for the government to seize the ownership of Jeff Bezos.

01:48:51.000 No, I'm not.

01:48:52.000 No, I'm not.

01:48:54.000 And how you're defining it, of what I'm saying, is a mischaracterization.

01:48:57.000 Okay, so let's slow down.

01:48:58.000 Jeff Bezos made $2 million in cash, and you think he's not paying enough based on that $2 million?

01:49:03.000 Should he pay $1 million of it?

01:49:04.000 I think, based off...

01:49:05.000 I feel like I'm reiterating myself when we're just going in circles, Tim, frankly.

01:49:09.000 I think there's an issue with how we tax high net worth into the highest...

01:49:13.000 What does that mean?

01:49:14.000 I don't know how else to make it more clear.

01:49:17.000 The way we tax...

01:49:18.000 Tax what?

01:49:18.000 His income?

01:49:19.000 High net worth individuals.

01:49:20.000 It goes beyond their income because high net worth individuals don't have an extremely high income.

01:49:25.000 They have their money in assets.

01:49:27.000 If you didn't eat breakfast yesterday, how would you have felt?

01:49:30.000 It depends.

01:49:31.000 Some days I don't have breakfast and I'm not feeling hungry after.

01:49:34.000 Do you not understand the concept of taxing means a requirement for an individual to pay cash?

01:49:40.000 But then you say net worth, which is imaginary, where there is no cash?

01:49:44.000 What do you not understand?

01:49:45.000 I am asking you these questions to try and figure out what you're trying to express.

01:49:49.000 The issue is these people, these high net worth individuals on purpose have low incomes as a workaround for our laws in our country.

01:49:57.000 I got it.

01:49:58.000 Now pause.

01:49:58.000 Now if their income is low...

01:50:00.000 How do they pay a tax?

01:50:02.000 We need to find a mechanism in which we find a way to tax people who are the highest net worth individuals who purposefully use these rules.

01:50:12.000 Okay, slow down.

01:50:13.000 Tax what?

01:50:15.000 Their net worth?

01:50:16.000 We need to find a mechanism in which to tax people.

01:50:19.000 Tax what?

01:50:20.000 A part of their value.

01:50:23.000 A part of their net worth, yes.

01:50:24.000 Okay, Jeff Bezos' net worth, just hold on, is his ownership stake in Amazon.

01:50:29.000 Uh-huh.

01:50:30.000 That's it.

01:50:31.000 Sure.

01:50:31.000 Well, not that's it, but sure.

01:50:33.000 That's the majority of his wealth, almost all of it.

01:50:36.000 Sure, he keeps up.

01:50:38.000 Taxing would require him to pay cash, which he does not have, for owning part of Amazon.

01:50:46.000 Yes.

01:50:47.000 So how will he acquire the cash?

01:50:50.000 We need to figure out a mechanism.

01:50:53.000 Answer the question!

01:50:54.000 I'm not an accountant, but here's the issue.

01:50:56.000 If you just lock up all your money in stock and you are a highly...

01:50:59.000 Stop, stop, stop.

01:51:00.000 No, no, no.

01:51:01.000 You're not making one.

01:51:03.000 You're missing the point on purpose, Tim.

01:51:05.000 You're not understanding.

01:51:07.000 You're purposefully missing the point.

01:51:08.000 What I am doing is called the Socratic Method, where I'm asking you questions to dissect what your argument is.

01:51:12.000 You're going in circles.

01:51:13.000 I am trying to lay out the logical base points of what you are trying to claim so we can understand what you're saying.

01:51:19.000 Jeff Bezos.

01:51:21.000 Hypothetically, it's reported he makes a million-dollar salary with a million-dollar bonus.

01:51:24.000 That's the official reporting.

01:51:25.000 He has estimated $170-something billion in his equity control of Amazon.

01:51:29.000 This is stock.

01:51:30.000 He's not legally allowed to sell based on contractual obligations.

01:51:34.000 You want to tax when he's legally allowed to based on performance issues, meaning the stock reaches a certain value, he can sell a certain amount.

01:51:42.000 That's when he can cash out some of his equity.

01:51:45.000 What you have explained to us is that you want to tax Bezos on what's called unrealized gains.

01:51:51.000 That is, Bezos owns a portion of his company and that portion of ownership equals an imaginary value.

01:51:59.000 Because that imaginary value is very high, he should have to find a way to acquire cash to pay the government.

01:52:05.000 The only means by which that could be accomplished would be if he sold equity stake in his company.

01:52:11.000 That would mean the government put a requirement for him to relinquish a degree of control of his company.

01:52:19.000 It doesn't have to be, and I'll explain to you why.

01:52:21.000 Because certain stocks have more voting rights than other stocks, so they don't have to make him relinquish specifically stocks that have voting rights in his company.

01:52:29.000 So there are ways around this, and that's why I'm saying there needs to be a mechanism.

01:52:32.000 My larger point here is that there are ultra-wealthy people in our country who do not pay any reasonable, understandable share of tax, even compared to their fellow 1%ers. 0.99

01:52:42.000 So the 1% of the 1% ends up paying less than the other 99% in that 1%.

01:52:48.000 You made a point here.

01:52:49.000 So let me address that.

01:52:50.000 The issue with how these people are taxed needs to change is my point.

01:52:53.000 Okay, so you are advocating for a tax on unrealized gains.

01:52:58.000 In some way, we don't know how yet, but somebody who generates imaginary wealth should have to pay the government based on the perception of that wealth.

01:53:06.000 For the ultra-wealthy once you pass a certain threshold in our country?

01:53:09.000 Yeah.

01:53:10.000 So even though they have no money...

01:53:13.000 Wait, wait, wait.

01:53:15.000 You think Jeff Bezos has no money?

01:53:18.000 Yes, okay.

01:53:18.000 That's not what I said.

01:53:19.000 I think his cash reserves are relatively low relative to his net worth.

01:53:22.000 That's the point.

01:53:23.000 So, for example...

01:53:24.000 So there's no way for Jeff Bezos to pay more taxes.

01:53:26.000 I guess he's just going to have to stay what he's paying.

01:53:29.000 No, there is.

01:53:30.000 We could seize his equity.

01:53:31.000 No, we shouldn't do that.

01:53:32.000 That would make us communists.

01:53:33.000 Jeff Bezos has to be able to pay as much taxes as you know people who earn millions of dollars.

01:53:39.000 So if someone bought a Spider-Man comic for a dollar, and then 20 years later it was worth $10 million because it was a rare Spider-Man comic, and it was graded 10, sealed in a box, they now have an imaginary net worth of $10 million.

01:53:53.000 Should we tax them for having that Spider-Man comic?

01:53:57.000 No.

01:53:57.000 That's a real question.

01:53:58.000 No, no, but I feel like these aren't apples-to-apples comparisons.

01:54:00.000 I'm trying to talk to you about special cases where we are talking about the modern-day robber baron.

01:54:05.000 That's why I'm robber baron.

01:54:07.000 Yeah, these are all these people.

01:54:08.000 Okay, dude, dude, you're a socialist.

01:54:10.000 No, no, I'm not.

01:54:11.000 Robber baron?

01:54:12.000 These guys...

01:54:13.000 Carl Klinsky over here.

01:54:14.000 Taxing equity in companies?

01:54:16.000 Bro, you...

01:54:17.000 I'm not saying we...

01:54:18.000 You would get along...

01:54:19.000 I think there's issues with...

01:54:21.000 He's not a new...

01:54:21.000 Okay, it's a new lib.

01:54:22.000 There's issues with how we tax these guys, and I think it's actually abundantly clear.

01:54:28.000 That's an emotional argument.

01:54:29.000 What's an emotional argument?

01:54:30.000 That it's abundantly clear.

01:54:32.000 No, they pay the top...

01:54:34.000 100 net worth individuals in our country pay less than people who earn millions of dollars a year.

01:54:40.000 No, they don't.

01:54:40.000 Yes, they do because of their tax work.

01:54:42.000 No, they don't.

01:54:43.000 You have literally no idea what you're talking about.

01:54:45.000 Jeff Bezos used to take a small 100K salary.

01:54:48.000 He still does.

01:54:49.000 He still takes a million dollars a year, his salary.

01:54:51.000 That's reported.

01:54:52.000 Doesn't he not work in Amazon still?

01:54:55.000 Well, maybe.

01:54:55.000 On the board.

01:54:56.000 When he was working as CEO, he was only taking 86, and he was only paying an income tax on that.

01:55:02.000 And?

01:55:03.000 And if you don't see an issue, Phil, if you want to, I think it's abundantly clear that somebody with the net worth of Jeff Bezos should be paying more than just his income tax on $80,000 a year.

01:55:13.000 Why?

01:55:13.000 Because he's one of the richest people in our country.

01:55:15.000 No, that is why.

01:55:18.000 Stop, stop, guys, guys!

01:55:19.000 You made a statement of identity, not an argument as to why he should be taxed.

01:55:24.000 Because I believe in a progressive tax rate.

01:55:26.000 Why should people be taxed?

01:55:26.000 That is a statement that is not an argument as to why someone should be taxed.

01:55:30.000 Let me tell you an argument, okay?

01:55:32.000 The progressive tax argument is that the wealthier you are, the less money you require for standard living and the more money you have for capital investment.

01:55:42.000 The reason we tax you at a progressive rate is because you require less money the more money you have.

01:55:47.000 That is the progressive argument.

01:55:49.000 Because a person who makes $80,000 a year can cover their basics.

01:55:53.000 A person who makes $500,000 covers their basics and has extra money for influence power.

01:56:00.000 And I'm not telling you that.

01:56:02.000 I'm saying that is literally one, the progressive tax bracket.

01:56:05.000 I am asking you, for what mechanical reason of law and society should wealthy people be taxed?

01:56:13.000 What mechanical reason of law?

01:56:16.000 Why would a government institute a mechanical policy codified in law?

01:56:21.000 Because I can give you reasons.

01:56:22.000 You can't murder people because there's two reasons.

01:56:25.000 So why should they fundraise taxes?

01:56:27.000 Why should wealthier people pay more taxes?

01:56:32.000 Because it's an easier strain on them as it is to people who earn less.

01:56:37.000 You're repeating what I just said.

01:56:38.000 And people who earn, again, like, if you're in the bottom 50% of the tax bracket, you pay almost none of the actual tax revenue.

01:56:44.000 Those people shouldn't be paying income taxes at all.

01:56:46.000 You agree with the socialist precept I just presented.

01:56:48.000 I don't think it's a socialist precept.

01:56:50.000 Hold on.

01:56:50.000 I think higher and progressive taxes and higher taxes does not make one socialist.

01:56:54.000 That's just not what socialists...

01:56:56.000 I just explained to you.

01:56:58.000 Not that you were a socialist, but the socialist argument is we should tax the wealthy because they have access to wealth and power more than the working class.

01:57:07.000 You then reiterated that to me.

01:57:09.000 I think it's a liberal argument, not a socialist argument.

01:57:11.000 A socialist argument is that we should seize the means of production.

01:57:14.000 That's not a liberal argument.

01:57:15.000 That's the socialist argument.

01:57:17.000 We should make a progressive tax rate?

01:57:17.000 No, no, no.

01:57:18.000 Liberals say that.

01:57:19.000 Liberals in the modern colloquial context have socialist tendencies in the mixed...

01:57:26.000 One could make the argument, we should tax the wealthy, not just because they are wealthy, but because we want to fund government programs or because we want to remove money from the market that's inflationary due to mass spending or money creation of the U.S. government.

01:57:41.000 Those are mechanical reasons to tax people.

01:57:43.000 One could argue, like Bloomberg, we should tax the poor because poor people make bad decisions.

01:57:48.000 And if we take their means of purchasing from them, we can determine through government programs what they should do.

01:57:55.000 I explained to you that the socialist precept was that wealthy people do not need that much money beyond.

01:58:03.000 And after they've already met their needs, which is to each according to their needs from each according to their capabilities, the extra money levies undue influence.

01:58:11.000 So we prescribe a higher tax rate.

01:58:13.000 Hence, the United States is called a mixed economy, which has some social tendencies and market economies.

01:58:19.000 You then said that right back to me.

01:58:22.000 Because it's easier for the rich than it is for the poor, which is the socialist precept.

01:58:26.000 I wasn't calling you a socialist, but you did adopt that argument.

01:58:30.000 I disagree that it's a socialist precept, but...

01:58:33.000 But it literally is.

01:58:34.000 From each according to their capabilities to each according to their needs.

01:58:37.000 That's a slogan.

01:58:38.000 That's not like...

01:58:39.000 The Marxists don't – There are various economies that adopt socialist practices and laissez-faire practices.

01:59:03.000 The United States is a mixed economy in that it is somewhat socialist and somewhat not.

01:59:07.000 And we have a progressive tax rate now.

01:59:09.000 That's right.

01:59:10.000 And that is a socialist construct.

01:59:12.000 Okay, but we're not.

01:59:13.000 We're a mixed economy.

01:59:14.000 We are a mixed economy.

01:59:14.000 So one could argue that we are becoming socialist, as they often do.

01:59:18.000 Some could argue that we are becoming more laissez-faire, likely under Donald Trump.

01:59:21.000 We're moving in that direction, which means you end government programs, you end government subsidies, you stop taking from one group to give to another.

01:59:28.000 The United States is a mixed economy, meaning I think the average is that around 45% of all income is taxed, of all tax brackets.

01:59:37.000 If you are a regular working class person, through property tax, through income tax, through sales tax, excise tax, service tax, etc., road tax, gas tax, you're paying about 45% of your income in taxes.

01:59:49.000 That's why some argue we're not a totally socialist nation, or we don't lean socialist because we actually lean slightly less because we're taxing it less than half of your income rate.

01:59:59.000 Simply put, taxing the wealthy for the sake of it because they have too much, that is the socialist argument.

02:00:10.000 Okay.

02:00:11.000 Okay.

02:00:12.000 All right, well, we're going to go to the members-only call-in show.

02:00:16.000 I can grab some more super chats, but bro, I gotta be honest, Elad, literally, I mean this sincerely.

02:00:21.000 Can you go rapid fire with a handful real quick?

02:00:23.000 Literally every single one is explaining how you don't understand taxes, law, or business.

02:00:29.000 Some of them are a bit brutal.

02:00:31.000 Anybody agree?

02:00:32.000 Mr. Cooper says Elad has absolutely no idea what he's talking about.

02:00:34.000 He's a lolcow. 0.95

02:00:35.000 And yes, we are a socialist country.

02:00:37.000 Laissez-faire economics and economic regimentation, socialism, are mutually exclusive ideas.

02:00:41.000 Hard to argue with we're a socialist country.

02:00:43.000 Convincing reality says laws have to be applied equally.

02:00:46.000 Okay.

02:00:48.000 Lurch says Elad never change. 1.00

02:00:50.000 Crazy, cringe, and dumb. 1.00

02:00:53.000 No, stay in the echo chamber. 1.00

02:00:56.000 Jason Dixon says, for the love of God, shut up. 1.00

02:00:59.000 Shut the hell up, Elad. 1.00

02:00:59.000 Move on, Tim. 1.00

02:01:00.000 The viewership is dropping.

02:01:01.000 Nobody wants to hear you educate him.

02:01:04.000 We are over it.

02:01:05.000 Well, with all due respect, I do actively monitor viewership during the show, and it is comparable to any other time.

02:01:11.000 And I do know that a lot of people don't like when we get into arguments like that, although many do.

02:01:18.000 And I think it's important to have those conversations, and this is why we have eclectic voices on the show, because there are a lot of people who have never heard the argument articulated as to why these taxes should or should not exist or how they function.

02:01:32.000 That is to say, there are a lot of people out there who genuinely believe that Bezos pays less taxes than the average American, which is a fact statement that is false.

02:01:42.000 There's a lot of people who believe the wealthy aren't paying their quote-unquote fair share, which is an opinion-emotional argument.

02:01:47.000 Fair share is a meaningless nonsense term.

02:01:48.000 It doesn't mean anything.

02:01:49.000 What is fair share?

02:01:50.000 I don't know.

02:01:51.000 The fact is that the top 1% pay around half of all income taxes or more in this country.

02:01:56.000 And the lowest income earners pay almost none.

02:01:59.000 In order to be a net taxpayer in this country, I think you have to make around like $150,000 to $200,000 a year.

02:02:05.000 So these things are important to understand because we have a country that heavily subsidizes people in a variety of ways, from health care benefits to the fire department, police.

02:02:18.000 All of these things are paid for that the average person isn't actually paying back.

02:02:22.000 So when people call for the death of billionaires like Bill Burr, they're basically saying, destroy the mechanism by which we actually fund the tax base, and that would be catastrophic for the structures of this government.

02:02:34.000 There are always going to be the top one, the top 0.1% of human beings. 0.58

02:02:38.000 No matter what laws you make, no matter what you do, they will always find the means to maximize their potential, to maximize control, either because they're naturally charismatic, they have social currency, or hard currency.

02:02:51.000 AOC considers herself to be poor.

02:02:53.000 She says, I don't make that much money.

02:02:55.000 But she is actually, in the full metrics of social economics, one of the wealthiest people in the world, in that with her 10 million followers on X, She could destroy economies, like she did in New York City with Amazon. 1.00

02:03:08.000 She was able to snap her fingers and rip $30 billion from New York. 1.00

02:03:13.000 She may not have cash, but her social currency is more powerful than anything Bezos can do, or arguably as powerful.

02:03:20.000 We're going to go to that members-only show, my friends, so smash the like button.

02:03:23.000 It's going to be on rumble.com slash timcastirl.

02:03:25.000 You can follow me on X and Instagram at timcast.

02:03:27.000 Chloe, do you want to shout anything out?

02:03:30.000 So I'm on X and Instagram primarily, but I'm also on YouTube.

02:03:34.000 I might also open up a Rumble.

02:03:36.000 Ooh, good idea.

02:03:38.000 And my username on all of them is the same.

02:03:40.000 It's Choo Cole, C-H-O-O-O, three O's, C-O-L-E, or you should be able to look me up by just writing Chloe Cole.

02:03:48.000 Right on.

02:03:50.000 I'm Alad Aliahu.

02:03:51.000 I'm a journalist here at TimCast.

02:03:53.000 Arguments like those are actually my favorite part of the show.

02:03:56.000 Also, I have a photo here of the kidnapped Kfir Bibas on October 7th.

02:04:02.000 He was a child who was kidnapped by not Hamas, but the average opportunistic Palestinian citizens who also decided to raid Israel. 0.98

02:04:11.000 Him, his two-year-old brother and mother were all kidnapped and killed while in Hamas captivity.

02:04:17.000 Their bodies are supposed to be returned tomorrow.

02:04:18.000 It's anticipated to be one of the largest funerals in Israel's history.

02:04:22.000 And it speaks to how the issue goes deeper than just Hamas.

02:04:26.000 Not that they will have any role in the future of governing Gaza.

02:04:30.000 But the average Palestinian person, an opportunistic Palestinian person, raided the border. 1.00

02:04:36.000 A group of them raided the border.

02:04:37.000 Many of them, on October 7th, kidnapped Kfir Bibas, his mother and his brother.

02:04:42.000 And now they're all dead.

02:04:44.000 I'd feel remiss if I didn't mention that.

02:04:46.000 Raymond.

02:04:47.000 Yeah, thank you for that.

02:04:49.000 I agree.

02:04:50.000 My name is Raymond Stanley Jr. I work for Timcast and Blue Collar.

02:04:55.000 Once again, we're going to shout out Mr. W. David Lilly Jr. doing Roberto Jr. here.

02:04:59.000 And I'm sure you've seen behind Phil was Mr. Bocas.

02:05:03.000 Chloe, thank you for allowing me to feel emotions.

02:05:05.000 I don't feel emotions very much, but I appreciate that.

02:05:08.000 Phil?

02:05:09.000 I'm glad I made you feel something.

02:05:11.000 I am PhilThatRemains on X where you can subscribe to my page there.

02:05:15.000 I'm PhilThatRemainsOfficial on Instagram.

02:05:16.000 The band is All That Remains.

02:05:17.000 New record dropped on January 31st.

02:05:20.000 It's called Anti-Fragile.

02:05:21.000 You can take a listen to it on Spotify, Apple Music, Pandora, Amazon Music, Amazon Music, YouTube, and Deezer.

02:05:28.000 Don't forget the Left Lanes for Crime.

02:05:29.000 That's it.

02:05:30.000 We will see you all over at Rumble.com slash TimCastIRL in about 30 seconds.

02:05:34.000 Thanks for hanging out.

02:05:35.000 Well, because his, because his, but your position is the exact same as Vaush's.

02:05:57.000 Yeah, yeah, yeah.

Timcast IRL - Tim Pool - February 20, 2025

Trump Just FIRED OVER 6,700 IRS Agents In PURGE, Democrats SOMEHOW Angry w-Chloe Cole | Timcast IRL

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