Here are my thoughts on the new proposed tax plan, what new changes could go into effect, and how much of an impact this might make on the stock market and investments – Enjoy! Add me on Instagram: GPStephan
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İ have seen you grind and work non stop for your money and this bill is only taxing people like you not the Bezos clan of rich.. İt is not fair at all. He is taxing the people who are on their way to become the part of the upper segment of wealth.. Only 20 percent profit per year over many years made warren buffet. If he was taxed like this in his early years he would not be the point he is now..
well i make like 35k so i dont care. i like the idea that yall asses get hit for a bit
This is criminal and we are headed for disaster. Thanks to all of you who voted for Biden
they wan to pay good salary to police, military , govt jobs .. not to promote private firms.. they want more power which comes through more money… which removes wealth from private…
Great breakdown. I agree that the proposed Capitol Gains tax is a negotiation tactic. I can’t see that getting through at all. I do like your idea to keep long term investments in for a longer period of time for a reduced tax rate.
You are not poor because rich people. You are poor because theft (taxes). You’ve just been told by the thief that it’s rich people.
The world needs more of the facts and less of the opinion of news
Wasn’t the tax rate 35% before a certain corporate friendly party cut the rate to 21% at the end of 2017? It doesn’t seem like returning to 28% should really be seen as unreasonable given the lopsided situation the country is in
Thanks for talking about this, Graham. You gave us a lot of interesting information to consider and put it into perspective. Sometimes it feels like finance and macro trends like this go over my head, but I believe I was able to follow this time.
The problem isn’t high taxes. The problem is that politicians don’t know how to spend money properly. They waste so much on stupid crap. They pocket most of it and use it for themselves. The debt is how much? Now they just want more. Greed. Just greed.
Good thoughts! Greetings from Finland, promised land of progressive taxes
He forgets American politics constantly changes like the stock market, and 4yrs later, the tax rate changes again. Not to mention that the plan is 10 yr extended plan. Keep your money in if you’re not retiring in 10 yrs.
I grew up with my mother being able to only feed us literally what she could (at times mustard packets) before we moved into a homeless shelter. When people complain about taxes going up and crying about it, I laugh
Now imagine your mother in that time paying 10% more of taxes, oof
@@marianocarrazana is the concept of homelessness lost to you due to a distancing of what it actually means? She didn’t have an INCOME to pay taxes. Even if you were to try to make taxes a big scary demon for people with zero or low income, it doesn’t work. Know why? 10% of 0 is still 0.
@@RamzalTimble so, you want other people pay, but you don’t want to pay, that’s is so nice of you👍
@@marianocarrazana are you an idiot? I’ve been paying taxes since I was 16 and never complained. My mother was HOME-LESS. Meaning she had no income to tax. If you have no income, you cannot be taxed. Man you’re literally like an empty can of soda. Seemly attractive with advertising but nothing inside of it.
@@marianocarrazana do you think us being homeless was a choice in order to not pay taxes? That sustaining ourselves—children—off of what food we could steal and mustard packets was an elaborate scheme to skip out on paying taxes? If so you’re a moron
What’s the timeline when this is expected to pass and be effective?
Might be late but all of these potential changes are tied to the $2.3 trillion infrastructure package the White House is pushing to be passed, as of now it seems like it’s still weeks away with the earliest possible date possibly being early July. I recommend at least once a week to just do some light research on the progress on the infrastructure bill which would give you the most up to date info on when it’s expected to pass
When did Graham get a Ford GT?!?!
“Reinvesting in our economy” =
Stealing $1.00 from someone.
Keeping $0.96. Giving back $0.04.
Publicly taking credit for generously giving out $0.04.
I know what it’s like to live in poverty and it’s easy to rich shame but you don’t have to buy in, the reason why you do is that rich tax payer provides a competitive service which helps lower prices on everything.
Damn you lib right
As a poor eurpean, I dont mind paying more taxes to live in a good country. But the US citizens expect good living to come free of charge.
Fear mongering.
Okay so rich people think that taxes should never go up, in fact they should not exist at all. Grow up. Like it or not a country needs money to function. Schools, Emergency Response Services, Roads and Highways, Prisons and Courts, Military, Social Welfare Programs. None of this stuff is free. I’m sure the Jeff Bezos’s of the world are fine with America running up a quadrillion dollar national debt because they hold no loyalty to this country and are just as happy to move their assets to China and be ultra rich over there, but I’m not. Suck it up.
I don’t want to be a downer, but you don’t deserve a thumb up for this video. You project your own interests on everyone and that is misleading. Next we can talk about how green aliens put garbage in your swimming pool and how that will affect the global economy. /s These changes are to better ppls. lives. Not to benefit stock market gamblers. I know that it is a shift in US approach. Usually ppl get the stick and gamblers get the bail outs.
I think if the government wants to give free college anyone that takes advantage of it should pay 50% other salary back to the government without deductions that would be fair. We do not want to end up like Ecuador where you have a college degree and still driving Uber making less than $500 a month.
It’s the same arguments as always, and I can’t say I agree with you.
You’re gay lol
Jk you said you read all the comments so. 😉
Graham, I live in NYC. but I own a home in Palos Verdes Estates and a 3 BR condo in Irvine. Should I hold onto the PV and Irvine condo or sell it now and Cash out. Realtors say sell now. of course they do. Market is crazy. If I do not sell now I would move to PV when I retire in 15 years.
Do you have a video on the impact covid has on air bnb?
Had to rewind plenty of times for clarity but I think I get it. I still got a lot to learn though about topics like this. Lol thanks for the video.
‘rich people paying their fair share’ is not the problem. government efficiency is the problem. the government is the only entity I know that can take your money for a service, fail to provide that service effectively and convince people that the solution is to pay them more money to do what they said they’d do the first time. it’s a really genius hustle when you think about it.
You just don’t want to pay higher taxes, but you’re so rich you can burn $100 bill like nothing. Disgusting.
Whats up with this arbitrage AD of Grahams that popped up? Is this legit?
We need the MAGAman back🇺🇸
I smashed the like button because there is no down side and i like to give positivity to the world
And that money goes directly into your corrupt politicians pockets! Yay welcome to South Africa!
America vote for Biden, now take the pain.
Taxes should be optional for individuals and small businesses that make less than one million dollars per year. Higher taxes ONLY punish the middle and lower class and do not benefit then at all. Capital gains tax should not exist
Taxing capital gains creates an incentive for people to not create value.
1:46 not exactly free the worth of the value is useless for us being in dept
*Money Printer go Brrrrrrr*
@Gràhàm Stèphàn. Get off my comment scammer
It all comes down to taxes. And the greedy rich. The rich sell their assets to us – fine with me.
Most of your reasons only effect people who are more well off or invested in markets. Doesn’t reflect the majority of the population. The markets will be fine. the rich won’t stop trying to make more money
Rich people will find a way to not pay the tax hike anyways.
Wouldn’t the rich want to move their wealth to lower tax countries or to invest in Emerging markets which can very well give a better return than just about beating inflation?
The tax hike needs to happen. Most of the investments only happy because they get taxed less when they take it out.
How many people are actually are in the stock markets
“Taxing the like button by making it turn blue” Ngl that makes too much sense as a jab at the left to have been accidental lmaooo
Biden is a complete disaster!!!!!
What most people neglect to mention is that when these rich people sell off their assets, they will be losing another stream of income. It’s inevitable that most will reinvest in the asset again once they realize they still can make money from it.
$2T over 10 years for infrastructure investment is $200B a year, not really that much money. By comparison, Iraq War costs $4T or corporate COVID19 bailout costs $4T; what did we gain there?
However, raising taxes to pay for that is bad. How come no taxes was needed to be raised to pay for Iraq War or corporate COVID19 bailout?
He doesnt do real estate anymore.
Can you provide some of sources you use for your research, I would like to read more? This is super interesting and in-depth analysis.
This video is just a bunch of FUD. The benefits are larger than the short term losses for the big boys. Investors are STILL GOING TO INVEST
I’m just anticipating the 1930’s at this point……
Anyone making 1+ million should get heavily taxed even more than the proposal. You have more to spare after all your expenses so it’s fair
The whole sports car in the background thing is mega douchebag status
Good job everyone who voted for biden because Orange man bad. Good job ( sarcasm )
My guy you aren’t the one getting taxed highly
we’re doomed
I’m so glad you don’t see the “who’s watching in 2015-21” comments anymore
So my taxes go up but the money is spent on caring for kids, roads, water and educating Americans. Sound like the very thing my taxes should’ve been spent on all along. I’m fine with this, my question is why wasn’t this being done before?
Biden is a fraud so everything the democrats say is fraud.
if you buy into a start up, or part take in an IPO or something like that, i agree you are investing. but you should not equate buying stocks with investing. just becoming an owner of a business is not investing in my book.
with investing you take a higher risk compared to a regular job, but the effort/work you need to do is minimal for any upside. you can’t only look at the risk taken and say you deserve a lower rate.
Did anyone else catch that he said “what’s up Graham it’s guys here*
Nice intro😂😂. Surprised u didn’t catch tht while editing
Earned the like
It’s a regressive tax on the poor.Joe Biden dosent give a dam about the working class.Its endentured servitude that’s what socialist do.Make you property of the state.Its all a Demonic Ponzi scheme to destroy you.
this will just cause more people to get paid less because their employers have to pay more.
15$ min wage has caused the price of everything to steadily go up while they blame it on covid meanwhile they print trillions to make the changes of prices look legit
Your 15 min wage wont mean anything when you have to pay double for daily expenses
Imma say it ‼️Biden Sucks‼️
ok, so expatriation tax of 85%, outlaw stock buy backs or tax that transaction at say 85%. all of this is just fear mongering to help protect those that have too much. its almost as bad as the good guy with a gun excuse. we should have speed limits cause some people will break them anyway. at least this is a change, when companies like activision and amazon can pay zero tax and get refunds, there is something deeply wrong with the tax code. Too many lobbyists and too many politicians on the take.
Rich people : ”We won’t be able to employ as many employees!”
Most rich people (Like Graham) : *Doesn’t actually hire anyone*
“I don’t get political, I just look at the facts objectively.” That pretty much tells us where you are politically…This entire LEFTIST scheme has one goal: Punish and dissuade productivity and innovation, and grow the number of people in the population who are dependent on Government aid. The LEFT dreams of a welfare state where they control EVERYTHING.
Wouldn’t it just be nice if we let industry thrive and quit trying to tax the heck out of our sources of income?
You mean my government wants you to pay for me to get a better way of life and help enable me and people like me to become successful ourselves? Okay thanks
Let’s not forget, Graham is included in who gets taxed…
So is he saying there is gonna be a huge dip for us little guys that dont reach the threshold?
Biden can stick it where the sun don’t shine, he’s party stole the election & that’s why Trump will be back. Till then I’m going to pull a Bill Gates and open my own Foundation to bring down by tax burden. To hell with income taxes.
10% more?!?! “Gladly”?!?!
HELL no….sorry, can’t afford it.
Pays to look at the fine print of all these wonderfully titled but hideously expensive federal ideas paid for by you and me. Case in point: Biden’s infrastructure plan. Not much of the money is tagged for actually improving vital infrastructure. (color me surprised. -_-)
Also, corporations do not pay taxes. Ever. They get you and I to pay them or leave for better pastures.
You can’t tax a nation into prosperity.
Tell that to scandanavia
But it can pay for insulin you sociopathic freak
@@CA-ly7my It’s not the government’s job to decide who lives and who dies, and it’s not the government’s job to be your pharmacy
Oh, this was in April. 😆
Gasoline is up 50%……..but nobody making under $400k will be affected by the new administrations policies…..
15:30 This video is why your new neighbors don’t like you when you say you’re from California. The government is the worst with money. Because it’s not theirs.
Trump won. Biden is a fraud.
Marco, just stop.
Joe Biden: Let’s tax investments at the same rate as income!
Multimillionaire (Graham): No no, this is very bad for long-term investment
Typical wealthy talk IMO. Socialism for the rich, capitalism for the rest of us, huh Graham?
@@user-zs4pg1ti6p Hey Graham, I didn’t mean to me rude, but may I just ask you one question: What’s so bad about taxing capital gains at the same rate as income, especially if that revenue is going to fund infrastructure projects, childcare, and higher education?
Please answer this question honestly because it seems a bit hypocritical that you are complaining over the potential of falling asset prices from the increasing of capital gains!
The reason infrastructure in the US is failing, isn’t because they haven’t been taxing enough, it’s because they have been misspending.
Up whats Lance
Its you here…
Guys Stephan ~ 😓😓😓
Taxes are stretching my bunghole
So your gonna have to sell that car in the background
Meh sucks for u
It is totally political, democrats manipulate for the votes they get. But the poor still get poorer.
Aristotle defined democracy as the government by the poor. Which is what these obscene taxes.
These taxes aren’t about to happen but the loan tech is very useful and probably better then selling.
Me: *laughing in Scandinavian*
Imagine thinking we should put the stock market above infrastructure families in need
@@user-wj9xt1qz9d Jesus stfu bot
I think your sadly optimistic. At least when it comes to the middle class.
I’m going to raise taxes on working class people and small businesses. Then I will join the rest of the world to impose a global tax so we have more money to throw away…..”joey Biden”
The rich would do anything, but let normies have free health care and education
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Very well explained, thank you!
you made a mistake at the start.
Wow! This actually explains why there is such a cost of living hike. Those who’ve lost $ are trying to compensate, granted differently, still very directly.
“Infrastructure”
Basic economic by Thomas Sowell light.
You should run for president
LITERALLY EVERY SINGLE VIDEO HAS NO ONE NOTICED!!! “WHATS’S UP GRAM ITS GUYS HERE”