Name: Bernie Sanders Proposes Bill To Close Tax Loopholes For Wealthy
Uploaded: 2016-10-24T04:14:34.000Z
Duration: 10 min 19 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

BERNIE SANDERS HAS ANNOUNCED THAT HE INTENDS TO CLOSE THE TAX

LOOPHOLES THAT HAVE ALLOWED DONALD TRUMP AND OTHER PEOPLE

To-infinitive

18 YEARS OF FEDERAL TAX AND BECAUSE OF WHAT IS LEGALLY

ALLOWED FOR HIM TO DO BUT SHOULD NOT ACTUALLY EXIST WHEN IT COMES

TO PAYING TAXES WHEN YOU ARE IN THE REAL ESTATE BUSINESS.

ARE GOING TO BREAK DOWN SPECIFICALLY WHAT HE INTENDS TO

CHANGE IN THE TAX CODE BUT YOU SHOULD KNOW THAT THIS IS GOING

TO HAPPEN ONCE THE 2017 ADDITION OF CONGRESS ACTUALLY STARTS AND

HE ANNOUNCED THIS WITH THIS STATEMENT SAYING "SPECIAL TAX

BREAKS AND LOOPHOLES IN A CORRUPT TAX CODE ENABLE

BILLIONAIRES AND POWERFUL CORPORATIONS TO AVOID PAYING

THEIR FAIR SHARE OF TAXES WHILE STICKING THE BURDEN ON THE

IT'S TIME TO CREATE A TAXES IN WHICH IS FAIR

AND WHICH ASKS THE WEALTHY AND POWERFUL TO PAY THEIR FAIR SHARE

WHAT I LOVE IS THAT THE WAY THINGS THAT ARE

CURRENTLY SET UP, WE KNOW WE ARE ONLY GOING TO GET MORE OF THAT

DONALD TRUMP BECOMES PRESIDENT BECAUSE HIS TAX PLAN WOULD

BENEFIT EXACTLY PEOPLE LIKE DONALD TRUMP.

OF THE THINGS THAT BERNIE SANDERS INTENDS TO CHANGE.

THE FIRST IS GETTING RID OF AN EXEMPTION FOR REAL ESTATE

WHICH HAS CHANGED, OUR TAX PAYERS FIRM CLAIMING LOSSES FOR

INVESTMENT BEYOND THE MONEY THAT THEY ACTUALLY PUT IN HER WERE

WHICH MEANS THAT TRUMP AND PEOPLE LIKE HIM COULD CLAIM

LAWSONS EXCEEDING WHAT THEY ACTUALLY INVESTED.

WHEN YOU DO SOME OF THESE BIG REAL ESTATE DEALS.

YOU WILL PUT IN A TINY FRACTION OF THE TOTAL MONEY THAT A

BUT IF THE PROJECT GOES UNDER, YOU GET THE CLAIM LAWSONS

ON ALL OF THAT MONEY EVEN IF THE MONEY THAT YOU ARE PERSONAL

LIABLE FOR WAS 1% OR .1% OF ALL OF THE MONEY.

THAT IS LEGAL TO DO EVEN THOUGH IT MAKES NO SENSE

WHATSOEVER TO ANY REGULAR PERSON ACTUALLY LOOKING AT THAT.

YEAR, YOU GET TO TRANSFER SOME OF THAT LOSS ON TO THE NEXT YEAR

BECAUSE YOU ARE STILL TRYING TO DIG YOURSELF OUT OF THAT HOLE.

MY FAMILY WORKS IN REAL ESTATE SO MAYBE I AM BIASED, BUT I

LESSER VALUE THAN THE ONE YOU ARE SELLING.

TO PAY TAXES IMMEDIATELY AND THEN BY THE NEXT REAL

ESTATE WITH LESS MONEY BECAUSE YOU PAY TAXES ON IT, YOU CAN

JUST BUY THE OTHER REAL ESTATE AND NOT PAY TAXES IN THE MIDDLE.

BERNIE SANDERS A LOT OF TIMES THAT IS MANIPULATED WHERE THEY

ARE DOING THESE SWAPS NOT BECAUSE THEY GENERALLY GENUINELY

WANT THE PROPERTY OR THEY HAVE ANYTHING TO DO WITH EACH OTHER

THEY CAN PROBABLY BE USED HONESTLY AND DISHONESTLY

THERE SO MANY LOOPHOLES THAT NO ONE CAN DEFEND.

THE ONE WHERE, BY THE WAY REAL ESTATE IS NORMAL YOU PUT IN 20%

AND YOU KNOW THIS IF YOU A HOUSE, YOU PUT AN EXPERT IN AND

IN BIG REAL ESTATE DEALS IT MIGHT BE LESS THAN 20% OR LESS

ANY OF THE PAID-IN FOR YOUR MORTGAGE, BUT YOU PUT IN SOME

PERCENTAGE AND A BANK PUTS IN THE REST AND THEN

THE RIGGED SYSTEM, WE'RE NOT TALKING ABOUT ANYTHING THAT

HAPPENS IN A CLOSED ROOM BEHIND CLOSED DOORS.

ABOUT THINGS THAT HAPPEN IN THE OPEN WHERE THEY SAY OKAY WE WILL

WRITE THE LAWS TO BENEFIT THE PEOPLE WHO HAVE GIVEN US

GIVE BIG DONATIONS THAT GRABS ANYONE'S ATTENTION, THAT IS WHY

LET'S JUST REWRITE THE LAW SO WE DON'T HAVE TO PAY THEM IN THE

WE JUST TAKE WHAT WAS ILLEGAL PREVIOUSLY AND MAKE

BY THE WAY, WE'RE NOT BEING UNREASONABLE HERE.

OPINION THERE ARE PLENTY OF TAX LAWS THAT MAKES SENSE AND WHERE

YOU SAY I LOST MONEY AND SO THIS HERE WHEN I MAKE MONEY I

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Bernie Sanders Proposes Bill To Close Tax Loopholes For Wealthy

hilarious

campaign

sustainable

sense