Rathbonee effectively exposes how the "buy, borrow, die" strategy turns the tax code into a tool for dynastic wealth rather than public service. This video is a sharp indictment of a rigged system where the working class effectively subsidizes the financial engineering of the ultra-wealthy.
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Don't Tax Jeff Bezos!Ajouté :
asking the question. I think it's a really important topic. Uh, and I think it's an important one to discuss cuz I see the same thing you do.
>> An important topic. Why is Jeff Bezos turning Lebanese? I think he's turning Lebanese. I really think so.
>> A bunch of headlines. You see it in a bunch of places >> and I've been thinking I have been thinking about what is what is driving.
>> Maybe we should think about what the wealth inequality says about the present situation. Hm. I mused from my mega yacht as I wafted farts from a champagne flute. I thought maybe maybe maybe the workers need more money.
>> Seemed different from 10 years ago. And uh and and I think I think what's going on is that it's kind of a tale of two economies. So you have a bunch of people in this country who are doing really well.
>> It is a tale of two economies. Imagine that.
>> Wow. But you also have a bunch of people in this country who are struggling struggling with pay rent.
>> I'd say you have a very small group of people doing extremely well and you have a huge amount of people doing badly or at least living precariously leaving living insecurely daytoday.
And so >> he's he's he's ever so gingerly outlining the class war that we speak about so often here on the stream.
What's you know what's happening here is uh politicians are using the kind of age-old technique. So there's this tale of two economies and they're using this age-old technique of you know picking a villain and pointing fingers.
But the problem is >> what what are you doing right now Jeff Bezos? You're pointing the finger at those politicians.
>> That doesn't solve anything. And >> everybody's pointing the figure, the pointing the finger, the the the the the government, the high-profile politicians are calling out these billionaire elites. The billionaire elites are pointing the finger at the politicians.
>> Like, if you want to help the the the group of people who are struggling, >> just say just say the working class.
Jeff, what why are you so averse to saying the C-word?
>> The the the group of people that are struggling. Yeah. Most Americans, you dump. 192 million Americans can't afford a minimal quality of life where they can preserve some facet of human dignity at this point. That's according to recent studies. Okay, I didn't make that number up. The majority of Americans live precariously.
This group of people that seems to be struggling >> figure out real root causes and solutions and that takes skill. You know, it's like the way we we have a problem at Amazon.
>> Well, let me please let's use your Amazon business practices as a way of explaining the prevailing political economy and all of its inequalities.
>> We would go in and >> Hey, thank you Mikey. I appreciate that, Masletov, for 100,000 subscribers. We love you, buddy. I love you back and I love this community. I tell you guys all the time. And thank you for uh every time I get kicked kicked out or kicked down, uh you guys dust me off and pull me back up. And I I do mean that sincerely cuz it's happened so many times. So hats off to you. Not tiny hats though, just the proverbial metaphorical hat off to you.
>> We do the five W's and we try to get to a root cause. We try to find a root fix and then when we fix it at the root, then we fire all the workers and uh we lobby the government to write the tax code so that corporations pay no taxes, increasing the tax burden on the American working class. And we just rake in those profits, man. And uh we just make sure that all the workers are are pissing in bottles and being monitored every minute.
Check out my spaceship though. You're fixing it forever. It's a real solution.
And what we don't do because it doesn't work is just fingers and blame people.
Might feel good for 10 seconds, but doesn't accomplish anything. And so what could you really do? So like I you know, do you have a plan? He's literally said nothing for for for for the long for 3 minutes the guy was like, "Hey, what do you think about this wealth inequality?
It's all we're ever hearing about." And he's like, "Yeah, well, I've been thinking about a lot from my mega yacht." And uh you know, one thing about uh he's like he's like outlining the situation. He's not offering any substance at all.
>> Well, I have some ideas. I have some places to >> So, you know, if >> Yeah. I you know, I started thinking about this and doing some research. A nurse in Queens who makes $75,000 a year.
>> So, so this is his pitch. Pays 12 more than $12,000 a year in taxes.
Does that really make sense? So, people talk about, you know, making the tax system more progressive. How about we start by having the nurse in Queens not pay taxes? This is such a tell to me because the problem isn't that workingclass people pay taxes. It's that capitalist billionaires don't pay taxes.
It's not that the fact that the nurse in Queens is paying taxes. It's that this mother gets away with not paying any taxes. And that is historically provably true according to a a a ProPublica expose in 2021 which I've cited in my work when I used to make a lot of Tik Tok videos cuz I've talked about this for for years now. But in 2007, Jeff Bezos, then a multi-billionaire, now the world's richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. Same for Elon Musk.
Um, they regularly pay zero in income tax because they don't report they don't they don't report a cash salary. They don't they don't live by those rules, you know. We'll get into it in a second.
I have a lot more um on this subject, but um we'll keep going. Why is somebody at all? Why is some Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?
>> Why does a person who has $270 billion of their private fortune receive uh zero or or or put forth zero dollars in taxes? That's the real problem. It's that the the upward transfer of wealth, the fact that it it flows into ever fewer hands over time, the infinite accumulation of wealth and commodities always goes to ever fewer people. That is the predicament we're in. And he's trying to tell us that we should uh you know, not t don't worry about taxing old Jeff Bezos. He can't help out the situation. You got to just alleviate the tax burden on the on the bottom half of the population. Well, the way to do that is to actually tax wealth, passive wealth, to the tunes of hundreds of billions of dollars for for some of these people. It it's an ungodly amount of num of money. And there's nothing there's no good argument that can ever be produced that would ever justify such wealth hoarding.
>> That's $1,000 a month that could help with rent or groceries.
>> That guy that just him speaking in that sentence, he made $1,000 just going, you know, one second to the next. It's like his net worth is skyrocketing as he speaks. Is he producing anything of value >> or anything? And so, and and by the way, do you know what that all adds up to?
The the the bottom half of income earners in this country pay only 3% of the taxes.
>> It's only 3%. We can find 3%. So, we don't have it's it's it's a small amount of money for the government. You know, that and really it's and the more I thought about it, to me, it's kind of absurd that we're doing this.
>> You know, we shouldn't be asking this nurse in Queens to send money to Washington. They should be sending her an apology.
>> It really makes no sense.
>> Look, we're sorry we grifted you for years and years, but here, accept this formal apology signed by Donald Trump.
Well, I don't have health care. I can't feed my kids. But I do have this framed letter from Donald Trump apologizing to me about it.
>> Okay. But then on the other end, the question is, should you be paying higher taxes to pay for the 3% >> component part of this that you think need to be paid for, if not more than that?
>> I'm pretty sure the answer is no. the it's certainly a perfectly valid policy debate, >> right, >> to say, do we want an even more progressive tax system. So, you know, the kind of the line that gets uh quoted all the time is, you know, the wealthy should pay their fair share, right?
>> And we can argue about what the fair share is. That's a policy debate. That's okay.
>> But the vilification is the thing that's just the distraction. And and and by the way, if you >> quit vilifying billionaires, guys, haven't they suffered enough? Won't you please think of the institutional shareholders?
>> Really are being honest about it. We don't have a revenue problem in this country. We already have the most progressive tax system in the world for uh the top 1% of taxpayers pay 40% of all the tax revenue. The bottom half pay only 3%. We have already and and I think it should be zero. I don't think it should be 3%. I think it should be zero.
So, we'd be making more progressive that way. We actually have a spending problem.
>> Okay, let's just fact check them. Okay, let's just fact check them for a second.
He said, if you were paying attention, he said that the top 1% pay 40% of the taxes. But this is this is misleading.
Okay, he's talking about income tax.
He's actually relying on your ignorance.
So, I I clapped back at this. I'll just read this because it it spells it out.
Um, I say the 40% statistic he refers to is just the adjusted gross income. It conspicuously leaves out the vast passive fortune of roughly $8 trillion held by the billionaire class in the United States today that is not taxed.
It's misleading because billionaires don't earn an income or a salary. That's for goyam peasants such as ourselves.
They use a strategy called buy, borrow, die. trillions of dollars in capital gains not taxed because they lobbyed the tax code to be that way. And he's griping about the tax code. It's it's actually quite a tell because he spent something to the order of $230 million since 2005 lobbying the government for anti- for for the abolishing of u antirust laws, uh corporate tax cuts, etc., etc., increasing the tax burden on the working class. Of course, he engineered this tax code. This tax code is exactly what Jeff Bezos paid his money for. And now he's saying, "Well, you know, maybe maybe we could tax the the the the peasants a little bit less, but don't come for my taxes. That wouldn't solve anything. I'm building businesses." Uh, so I continue. They call it unrealized capital gains. This is the grift right here. Untrealized.
Although when they need to realize it, when it when they when they actually, oh, no, we do have that actually.
um they leverage that wealth to borrow huge sums of money from big banks on Wall Street which cannot be taxed because when you take out a loan that that money is not taxed and they live off that money. That's how they live.
That's how they covert around the world in mega yachts etc. They all do this.
Elon Musk did this to buy Twitter for example and that's how they skirt paying taxes and pretend they're pious because they always love to tell us we don't take a cash salary. How pious of us. No, they don't play the same game as us.
Remember, it's like Jeffrey Epstein told us, the the Jew makes money by speculating on future markets, and they're basically gambling with other people's money. Meanwhile, the Goyam have to contend with the real world, the real supply chain. That's how this works. Well, the same can be said for the entire class dynamic, the class contradiction, the Epstein class versus the working class. They don't play the same game as us. That's by design. So when you look at the big picture, the true tax rate of Jeff Bezos for his vast fortune is actually less than 1 percentage point. Some estimates put it at 0.9%. That's how much in taxes that he pays compared to his net worth, not the income that he claims on a yearly basis to the IRS. You see you see how like that's not the game that they play.
They don't survive on income. It's a good PR stunt tactic to to to tell the the goyam, hey, look, I'm not I'm just I'm just a hardworking class person just like yourself. So, he's actually taxed less than the nurse in Queens that he used as a political prop to advance his agenda. And of course, people try to clap back at me and like there there's a bunch of bootlickers in these chats in these comment sections. Um, but there's there's a huge study that was done. This is the study like I was referencing.
It's called the secret IRS files. The trove of never-before-seen records reveal how the wealthiest avoid income tax. There's all these legal loopholes.
All this [ __ ] that nobody really thinks about, nobody really knows, but they know they're doing this. And they're able to, like I say, engineer the tax code. This is why they lobby the government. This is why they spend millions upon millions, hundreds of millions of dollars buying off politicians. It's why these they spend so much money on it. Taken together, it demolishes the cornerstone myth of the American tax system that everyone pays their fair share and the richest Americans pay the most. The IRS records show that the wealthiest can and perfectly legally pay income tax that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year. So, just understand that hypocrisy. When it's time to be taxed, they claim that that is that their profits are unrealized.
It's just up in the ethos. But when it's time for them to you to want to buy something like a a mega yacht or Twitter, they say, "Oh, no. We have the money. Look, it's it's it's sitting there. It's we have look at our stock portfolio." And they use that wealth as leverage uh as as collateral to afford a loan from Wall Street to the tune of millions, if not billions of dollars in some cases. Elon did this for 44 billion famously when he bought Twitter. and they live off that money and they never have to pay taxes on it cuz it's a loan.
And because of uh the the way that inheritance works, they can pass that wealth on to their kids and it it's always free. They they never have to pay taxes on it. And this is an abomination.
This is a an evidence this is evidence of social injustice, policy decisions that are uh that betray a very real bias and which should be addressed. Many Americans live paycheck to paycheck, amassing little wealth and paying the federal government a percentage of their income that rises if they earn more.
Income tax. That's tax on labor. Wealth tax, which is non-existent, is a tax on capital. But notice, we live in capitalism, right? It's the co everything, the the laws, the rules, the codes, they're all written by capitalists. So, pretty interesting, pretty convenient that only labor gets taxed and capital doesn't. That's an arbitrary rule that was placed there by the ruling Epstein class for political reasons. And just as it was consciously put into effect, it could be consciously undone. We can change these decisions.
That's why it's so instrumental that capitalists control the government. I mean, you know, it's it's so instrumental for whichever class in this contradiction controls the government.
That's why it's uh it's important to first focus on the economy, of course.
So, in recent years, the median American household earned about 70,000 annually and paid 14% in federal taxes. The highest income tax rate, 37%, kicked in this year for couples on earnings above 628,000. So, when he says that the top 1% pays 40% of all the taxes, well, they took out the piece of the puzzle before they presented it to us. You know, there's there's a huge portion of wealth that is basically not even talked about, not even discussed, but it's very real.
They can use it when they want to and then claim that they don't have it when it's disadvantageous for them to claim that they have it. Um, but but they took that they, you know, they they showed you the game, but they didn't tell you what pieces they took off the board first, and then they're saying, "Well, look, this is how it is." Well, yeah, you're just explaining us the the rules of the game that you created. You contrived. We're calling out the actual game itself. We're saying it's corrupt.
It's it's illegitimate. And inevitably, capitalist bootlickers will defend their overlords and their greatest talking point in their defense is to simply explain how capitalism works. Or they they condescend and say, "Well, you don't know how finances work or you don't know how the economy works." What you're doing is you're actually just showing you showing us that you don't understand how capitalism works and you equate capitalism to be just some you know law of nature like we talk about.
It's everything. It's commerce, it's commodities, it's human nature, but it's it's everything except for the thing that it actually is, which is the private ownership of public resources and the exploitation of labor. So Jeff has been quote tweeting people that agree with him in his echo chamber. He says, "Thank you. The important part is zeroing out taxes on the bottom half. He loves this phrase, zeroing out. Best way to put money in someone's pocket is not take it out in the first place. Yeah, that's a great indictment of capitalism right there, buddy. Exactly what you've done. The bottom half is only 3% of total tax revenues, but very meaningful.
So, that person zero it out. He says, I said, billionaires patronizing us about the tax code they wrote. Shut the [ __ ] up, Jeff. You're up next, buddy. You feel me? I said, "Jeff wrote this tweet from his $500 million mega yacht. A billionaire is lecturing us on how best to distribute wealth in our society.
What a time. This man spent millions and millions over decades lobbying DC for tax breaks for his companies and himself, increasing the tax burden on all of us so that he could afford more yachts and rocket ships. Now he's paying lip service to a band-aid reform of a problem he socially engineered. Why? To rehabilitate his image as a petty thief.
Capitalist bootlicker number one. facts.
It's great that Jeff Bezos thinks this way because too many people who don't make money think that giving money to the government will solve a lot of their problems. What's funny is that we do give money to the government and it does solve a lot of their a lot of problems.
The problems for the capitalists, for the billionaire Epstein class, that's the problems that we solve. We don't solve all we don't solve our problems.
The problem is not the government itself. The problem is the corporate capture of the government. He who controls the gold makes the rules. He who controls the economy controls the politics. That's how it flows. I don't make the rules. I'm just observing. It's factual. If you don't like it, cry about it. I don't know what to tell you.
That's just how the world works. They think these government programs are the answer, and it's clearly not. This dumb [ __ ] You can look at the federal level or the state level. You'll see that a lot of government programs are simply waste. I said, "You're a goofy [ __ ] We already give money to the government, and it solves tons of problems for billionaires and banksters who rely on it to keep their multinational solvent.
It's called privatization and corporate welfare. Did you sleepwalk through the past 15 years? Hello. The 2008 housing crisis, the bailing out of the banks multiple times, bailing out the uh the automobile industry. It's that's why we call it too big to fail. These corporations are too big to fail. They have to be propped up by nanny state policy decisions that make sure that they infuse a lot of cash into their bankrupt institutions. Got to keep the grift going. It's like we have ev example after example after example of this [ __ ] and uh people still are impervious to seeing it. So I was you know obviously Jeff Bezos he's got an idea right? Obviously the idea is not that the working class is correct and we should be uh appropriating the wealth hoarding of the billionaire class. The the problem is that you know um not that billionaires don't pay taxes. It's that the the bottom half of the population uh don't uh pay too much. That's his thesis. And when he's confronted with the prospect of, you know, doubling or tripling his taxes, he said, "That's not going to solve any problems. That's not going to do anything. Don't come for my money." It's like, this guy that has $270 billion is lecturing us on on how he can't it it's just economically impossible for him to help the poor. I I I asked a question to uh Google. I said, "How much would it cost to house the homeless in America for for one year?"
And uh let's just take this analysis at face value for a second. It says estimates to house all homeless people in the US range from 10 billion to roughly 30 billion annually. Okay. Um so I was thinking what how does that compare to the private fortunes of people like Elon Musk? I said what's 1% of Elon Musk's total net worth right now? His total it's they're just going to call it 7 billion. So $7 billion, just 1% of his total net worth is $7 billion.
That is incredible. Just reappropriating 1%. He could be That's just 1% folks.
And it would solve homelessness for 500,000 people for a year. They have appropriated robbed uh robbed us of trillions of dollars. And just in the past uh 6 years since co there was a study done let me see if I can find it what was the study uh done by Oxfam during COVID which proved that the upward transfer of wealth love that phrase uh to the top 1% uh where is the percentage amounted to I want to say it was like 20 trillion just something like 20 trillion see what they say let's find that study it says the study you you were referring referring to is titled survival of the richest published by Oxfam International in January 2023. The report revealed that $42 trillion in new global wealth was created between dece just December 2020 to December 2021. So one year $42 trillion out of that total the richest 1% siphoned off 26 trillion. This is we're talking about globally, right? 26 trillion went to the richest 1%. That's 63% of the total new global wealth created in that fiscal year, leaving only a fraction for the remaining 99% of the global population. And I'm sure as you go as you go down the income scale or the socioeconomic scale, it's even p more poultry. Key findings. Oxfam tracked this economic divide across multiple annual studies released during the World Economic Forum. Their data highlighted several major benchmarks re regarding the upward transfer of wealth.
This is capitalism for you. Remember, as I say, there's always really simple statistics that we could start with to explain with a broad stroke what is happening in our world and why. What is to explain for the mass poverty, the mass violence? Documented that the top 1% captured nearly twice as much wealth as the bottom 99% of the world's population. Now in 2017, Oxfam did the same study and they uh alleged that in the past 40 years preceding 2017, basically the the the entire neoliberal period going back to the 70s, something on the order of 50 trillion uh was quote unquote transferred upward to the top 1%. So this is a this is a historical process that's been going on for decades now. It's the the groundwork has been laid. We've removed ourselves so far from the center that we can't even remember where we came from or what this was all about. We just accept it. You know, it's like we the newer generation, they it's all they ever knew. It's all they ever known. So, they don't really they don't have anything to compare it to. They don't really unless you look in history, you have to really go and sift through it to understand and explain what's happening now. But, that's a lot of work. I'm going to try to find some more of these uh comments here. I thought some more people disagreed with me. None of this is true, man.
Bootlickers, just bootlicker after bootlicker after bootlicker. And again, whenever they uh whenever they come after me, it's always the same story.
They either uh attack me for uh I don't know, my hair or how I look or whether, you know, because I'm I'm a musician, so I don't know what I'm talking about. I'm not an economist, so I can't understand basic rationality. He says, uh, this guy Carlos says, "hm, better keep playing music, man, because you have no idea about how about finances, capital gains, lol. It's a lot more complex than that."
But lefties only have that argument. No, righties, capitalist apologists such as yourself, only ever tell us, "That's not how capitalism works." You dingleberry.
We're calling out the [ __ ] system.
You're not even understanding the argument yet. You're still in the box trying to explain capitalism to us. At least this guy understood the assignment. He says, "Keep blindly supporting the mega wealthy, you ignorant loser." This is exactly how Musk, Trump, and Bezos live. They don't pay income tax because they don't have income. They take loans to finance their lifestyles. This dumb [ __ ] literally says, "I do the same."
He does the same as Jeff Bezos. He says he does the same and he's not rich. He says, "I have two small W2." Not sure what that means. which I used to pay.
Two personal loans, $80,000 each. He's paying off loans of tens of thousands of dollars. And he's trying to say he's he's he's like a mini Jeff Bezos. I swear it's like they prove the meme true. They're not, you know, they're not cap capitalist bootlickers. They're uh they're not peasants. They're temporarily embarrassed billionaires.
They're going to get theirs. They just got to grind harder is all. And of course, actually, you do the same.
You're just ignorant, lazy, and dumb for not doing it. Doing it. And I'm not even a millionaire, Ella. Like, that's a flex for you. Are you kidding me? You're only proving that you have no spine. And you're sing for people that undermine your very existence and who will melt you down into biomatter and use you as jet fuel for their next flight to space if it came down to it. What are you doing? Class consciousness is knowing what side of the fence you're on. And class analysis is knowing who's on that side with you. And Carlos is not on that side. He thinks he's part of the team.
He thinks he's in the club. He's he's doing buy, borrow, die, right? Somebody else told me, "Oh, well, you know, we do the same thing with our 401ks. Are you kidding me? You think for a 401k retirement plan is equivalent to buy, borrow, die strategy of billionaires?" I wish I could find that comments because I actually lit into them. Let me see if I can find it. I'm pretty sure it was the same thread. Yeah, see this guy, he's like, "The defense is that you aren't taxed for unreal." See, they just explain capitalism. Yeah. Well, you know, it's like we're saying you should tax wealth. You should tax passive wealth. I understand they call it unrealized gains, but like like I just said in the post, like it's unrealized until they want to buy [ __ ] till they want to buy Twitter, till they want to finance their mega yacht, then it's very realized. It's like when it needs to be an asset, when it when it comes at a cost, no, it's not there. It's unrealized. So, you know, we we we we present that argument. What do they say?
They say, "Well, the defense is that you aren't taxed for unrealized gains. just explaining how the IRS works. Yeah, dildo. That's what the [ __ ] billionaire class. That's They wrote the tax code. They they created the laws that the IRS uses and and those laws are very political. They're very economically biased to the to the class that's in power, the class that dominates the government, the class that dominates the economy. They wrote the laws. What What about this do you not understand? why are you trying to explain the rules of capitalism when we're calling out capitalism itself? So I think in your own analysis or if in your own um dialectics when you're encountering these people, listen to what they say. I mean it's really don't be afraid to confront these people. They have no argument and and and to the extent that they do the argument is this. You're an idiot. You don't understand how capitalism works. He says your 401k isn't taxed while it's sitting there. It's only once you take it out and realize those gains that you're taxed. Um, again, that's a false equivalence because, uh, buy, borrow, die, you know, these, uh, using your passive fortune of hundreds of billion dollars as a, uh, as collateral to take out bank loans uh, is not the is not the same thing. They're they're not being taxed. It's they they will permanently evade taxation because the money that they take out and they live off of, that's not taxed. He says, "Believe it or not, everyone takes these same advantages. It's just to a much lesser degree." [ __ ] I said, "Equating a 401k retirement plan to the buy, borrow, die strategy is a false equivalence for many reasons. But for starters, every dollar in a 401k is eventually taxed as earned income. They force you to to spend it, by the way. Um, you don't have a choice. And that that that money eventually get does get taxed. It goes back into the hands of the billionaires.
Another thing is that a billionaire's private fortune, by contrast, relies on legal loopholes designed to permanently evade taxation. Like I just said, you cannot use a 401k as collateral to fund a lavish lifestyle. You cannot borrow against it either. I think it's even capped. You can't use it as leverage. Uh you can use it up until like $50,000 and then uh past that it's like you get penalized if you try to take it out take out the money too soon. You get penalized. There's all of these ways to confine you. 401k is class war. Okay?
It's breadcrumbs for the working class to plate them, to plate us. So, that's a false equivalence. I hope you understand that. Let me go to my bookmarks cuz let's let's go through this. We'll we'll go through some of the bookmarks for today and then I will um move on to talk about um you know, the Kentucky election. But I'm sure we'll encounter it because I know other people are talking about as well here. Excuse me.
So, a lot of people are clapping back against this propaganda from Jeff Bezos, and I'm glad to see it. So, we're just going to read some, get some takes, some good points. I think this person says, "Onethird of Amazon workers are on government assistance because you don't pay them enough." Speaking to Jeff Bezos, we are fully subsidizing the labor for your trillion dollar company.
You are a parasite. Couldn't said it better. Um, let's see. This is uh see, should I skip around here? Here's another one. He says, uh, Bezos ended shopping malls, big box stores, familyowned boutiques, bookstores, businesses of all kinds. He strip minded the US economy and left you in poverty, a slave to your internet connection. All you've got now is that [ __ ] cell phone. You'll never own a house or buy another new car because of this jackass and his brolarch friends. [ __ ] that's depressing, but also based objectively.
Jeff Bezos says, "If I do my job right, the value to society and civilization from my for-profit companies will be much, much larger than the good that I do with my charitable giving." That's a nice flowery thing to say, while also saying nothing, being extremely abstract and vague, making speculative value judgments about what good that you've done through your for-profit companies.
Because I I've seen a whole mountain of evidence that actually shows the opposite of that. You've done a actually a lot of harm to communities, to people, to your own workers. What are you [ __ ] talking about? You can't even treat your workers right. But they always fall back on this. They I create value. I create trillions of dollars in wealth. No, the working class creates the value. You sit back and collect the quarterly earnings checks that you get in the mailbox because of the value that the supply chain produced. And don't tell me that they, you know, create, you know, don't explain capitalism to me. I understand how it works. I understand it's, you know, private capital that funds it. But look to China, okay? We don't need privatization to have innovation. We don't need privatization to have jobs. Obviously, there's been a whole history for eons and eons of human societies that have existed with an economy, with a working class, with commodities, and they one thing that was consistently absent was a capitalist class of private owners. We didn't, you know, that's that's not a law of nature.
The uh the the the ruling class will always want us to look upon the prevailing mode of production as a law of nature. But if you study history, you realize this is a flash in the pan, folks. It's actually been way more non- capitalist societies in history than capitalist ones. Capitalist capitalism is a recent invention. But they always say that. They always say, you know, I'm producing so much value, it it outweighs any any charity that I engage with. And philanthropy is another [ __ ] thing.
It's putting band-aids on a bullet wound that you just shot the gun and inflicted all this harm. You're like, well, here's the band-aid. If philanthropy solved anything, it would have been, you know, redundant by now. it would have been obsolete by now. Philanthropy does not solve [ __ ] It's a way for them to write write off uh you know write off taxes.
So if I do my job right, the value to society and civilization for my for-profit companies will be much much larger than the good that I do with my charitable living. Power to the people says tell tell that to the Amazon workers who were forced to keep working as their co-orker lay dead which is a true story. Or the Amazon workers who have had to piss in bottles to make their delivery quotas. Billionaires like Jeff Bezos bring no value to society for anyone except themselves. His entire fortune was made off the mass exploitation of labor and the mass extraction of resources that belong to the community. Workers make the economy run, which is why workers should own the means of production. Robert Wright gets it. He's he's always harping about the tax rate. So he says, "Effective tax rate paid by Jeff Bezos from 2014 to 2018.98%."
Like I just told you in my opening monologue, if you will, effective 2025 federal tax rate paid by Amazon, 1.4%.
The typical tax rate paid by the average American, as we know, is about 14%. He says, "Just thought I should point that out." Jimmy door says, "Ools love to pit workingclass Americans against each other and divide us between a false narrative of left verse right. The game is divide and conquer, as it has always been. The only thing they actually fear is us waking up and joining together against them. Your neighbor is not your enemy. The oligarchs are. Your neighbors are suffering under the same oligarchy as you are. We have much more in common than divides us. We share a common enemy. That energy is the billionaire or I'm sorry that enemy is the billionaire oligarchs who own everything including and especially the government. Don't take the bait from the richest man in the world. Half the country is not your enemy. It's not left verse right. It's us verse them. It's top verse bottom.
It's up verse down. And they know it.
That's why they do everything they can to keep us hating and fighting each other. When we stop doing that, they lose and we win. And that's in response to obviously Elon Musk cannot go a day without foaming at the mouth and rage tweeting about the murderous lunatic left as he as he poses for photo ops with Benjamin Noseratu and his son.
Yeah, we know we know that's uh we know that story. We know that whole song and dance, Mr. Elon Muskstein.
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