Inheritance tax is a sham. A man works his whole life, pays his taxes, and manages to put a little nest egg away for himself and his posterity only to have pig politicians take from productive people one last time.
It's capitalism and free trade that caused the millions of jobs to leave the u.s. How can he cry for capitalism when capitalism sucked all the money from the masses? The top 2% own more wealth than the bottom 90%. Good luck finding american skilled laborers at 26 cents an hr!!
Completely untrue. Government sponsored corporatism and the Federal Reserve coupled with ever growing and crippling regulation did all that. Capitalism has created the most advanced and successful economies and societies in world history. Corporatism and socialism take those same economies and societies and destroy them.
I generally agree with Mr Schiff on almost all his proposals but on this one and the idea that we should turn off the govt spigots right now is not very smart. We cannot allow the economy to get into a free fall we are too vulnerable. We have to slowly start cutting government expenses as we muddle through this economic malaise. We have to reduce regulation as it pertains to business and jobs in America and we should start with the energy sector. We have to import less and produce more.
Taxation has to go with that decrease in regulation. Turning off the spigots and stopping the printing press and excess taxation may cause some immediate pain but continuing it will make the pain MUCH MUCH worse in the long run.
Inheritance tax is very important. Once the rich have most of the money it will be impossible to compete with them for any asset. We will back to feudalism. The question is at what level to begin collecting it and what percentage we should collect. Oh and thanks to Peter we can give some additional tax credit to those that leave a "business" as opposed to a villa in the south of France.
Poor coward going around all over YouTube spamming Glenn Beck videos.
You are one of those atheist leftist cowards who are "Christians" when is good for them to use the Lord's name with profanity.
How's that "change" working for you, coward? 12 months of NOTHING but words -- and the animal controls the white house and both the house and the senate -- talk about wasting my time.
MY CHRISTMAS WISH: I'm willing to buy and pay for the gun the bullets for you to commit suicide before you kill your entire family but only IF you allow me to watch.
Glenn Beck, Peter Schiff, Ron Paul are all true patriots.....we pray for their wisdom to be passed onto the dipshits who are currently in office. In Jesus name, AMEN.....oh, and may tkdmike choke on his own vomit. AMEN
No, take Glenn Beck out of that statement, Glenn Beck is a lying, peice of shit Neocon. FUCK GLENN BECK! He does not belong anywhere in the same paragraph as Ron Paul and Peter Schiff.
The people taking the money are filled with greed. The people promoting the redistribution of the money are filled with envy and usually are poor. The problem arises when the people who take the money promise to give it to the poor but hand it over to their friends (special interests?. Peter Schiff for Senate 2010!!
Inheritance tax is a sham. A man works his whole life, pays his taxes, and manages to put a little nest egg away for himself and his posterity only to have pig politicians take from productive people one last time.
MrRobertGriffith 1 year ago
It's capitalism and free trade that caused the millions of jobs to leave the u.s. How can he cry for capitalism when capitalism sucked all the money from the masses? The top 2% own more wealth than the bottom 90%. Good luck finding american skilled laborers at 26 cents an hr!!
cervantessssssssssss 2 years ago
@cervantessssssssssss
Completely untrue. Government sponsored corporatism and the Federal Reserve coupled with ever growing and crippling regulation did all that. Capitalism has created the most advanced and successful economies and societies in world history. Corporatism and socialism take those same economies and societies and destroy them.
masflojo 2 years ago
I generally agree with Mr Schiff on almost all his proposals but on this one and the idea that we should turn off the govt spigots right now is not very smart. We cannot allow the economy to get into a free fall we are too vulnerable. We have to slowly start cutting government expenses as we muddle through this economic malaise. We have to reduce regulation as it pertains to business and jobs in America and we should start with the energy sector. We have to import less and produce more.
jacofall7 2 years ago
@jacofall7
Taxation has to go with that decrease in regulation. Turning off the spigots and stopping the printing press and excess taxation may cause some immediate pain but continuing it will make the pain MUCH MUCH worse in the long run.
masflojo 2 years ago
inhertence tax is bullshit,,,,, same with capital gains,,, inflate money accets go up in nominal terms then we get taxed fucking bullshit,,,
rich232399 2 years ago
Inheritance tax is very important. Once the rich have most of the money it will be impossible to compete with them for any asset. We will back to feudalism. The question is at what level to begin collecting it and what percentage we should collect. Oh and thanks to Peter we can give some additional tax credit to those that leave a "business" as opposed to a villa in the south of France.
jacofall7 2 years ago
Poor coward going around all over YouTube spamming Glenn Beck videos.
You are one of those atheist leftist cowards who are "Christians" when is good for them to use the Lord's name with profanity.
How's that "change" working for you, coward? 12 months of NOTHING but words -- and the animal controls the white house and both the house and the senate -- talk about wasting my time.
TheGlennBeckProgram 2 years ago
MY CHRISTMAS WISH: I'm willing to buy and pay for the gun the bullets for you to commit suicide before you kill your entire family but only IF you allow me to watch.
TheGlennBeckProgram 2 years ago
Glenn Beck, Peter Schiff, Ron Paul are all true patriots.....we pray for their wisdom to be passed onto the dipshits who are currently in office. In Jesus name, AMEN.....oh, and may tkdmike choke on his own vomit. AMEN
TheNRA4ever 2 years ago
@TheNRA4ever
No, take Glenn Beck out of that statement, Glenn Beck is a lying, peice of shit Neocon. FUCK GLENN BECK! He does not belong anywhere in the same paragraph as Ron Paul and Peter Schiff.
masflojo 2 years ago
You have spammed this everywhere.
Why do you hate someone who is telling the world the truth?
AND you are one who should care...28yr vet of WHAT?!?.
You took an oath...didn't mean anything to you?
linwooddeaton 2 years ago
Jesus 2.0
suprmnjl 2 years ago
The people taking the money are filled with greed. The people promoting the redistribution of the money are filled with envy and usually are poor. The problem arises when the people who take the money promise to give it to the poor but hand it over to their friends (special interests?. Peter Schiff for Senate 2010!!
petiemac12 2 years ago
Schiff is a stud.
bobbyg8744 2 years ago
Peter is great as usual.
yushaos 2 years ago
I can't get enough of your wisdom. What a smart man!
MelodyAtHome 2 years ago 2
Great video, the part on inheritance tax was very informative.
frugalite 2 years ago