Which country has the worst tax system?

Wait, are you trying to say that wealthy people in the US pay more taxes than they should? Cuz if you do, you are either lying or completely out of touch. If you work, and just pay FICA, you already pay more taxes as percentage of your income, than the 100 wealthiest people in the US. I barely make six digits and I pay 34-40% of my salary while Jeff Bezos pays less than a fucking 1%.

You Will Own Nothing

How Long Before the USD is no longer the world reserve currency? Anybody?

The government is basically trying to make us dependent on them for everything so they can have power and control over all our actions. Harvesting us for our energy to put it into a broader perspective.

Taxation makes me angry. It's so destructive to wealth building. Most people have a low income part of life in their 20s. A middle income part in their 30s, and a high income part in their 40s. The government then takes $30 grand a year from you, preventing you from saving that money for retirement.

heavens bless you nomad capitalist
you do a better job explaining this
coming tax stealths….better than mainstream media….do you think
if a well successful investor will
go to to puerto rico and legally park their estate wealth their for their families, to get around the death tax from the mainland? Also where does
barbados sit on the scale of places
that can treat you fairly? i dont begrudge any capitalist for earning the bounty of their hard work and the ingenuity it took to make a successful wealth portfolio.
After watching the Big Short movie,
i have come to accept even in a bubble crash super wealth will be made on the fall of the markets….
But do you forsee a global bit coin
tax that a global tax storm trooper agent could go after all of the worlds orligarchs no matter what country they live in?

try living in Australia.

We need term limits and to make sure democrats never win again. Biden has managed to almost destroy America in less than 2 years. Billions for.illegals and war in Ukraine but nothing for Americans. Democrats are the party of hate, victimhood and division. They created the kkk and now want to play kkk on the reverse.

TRUMP2024

World's worst country period.

Despite the economic downturn, I'm so happy.  I have been earning $ 30,000 returns from my $12,000 investment every 14days.

More and higher taxes will do nothing because of government waste. You don't keep feeding the beast of inefficiency, you stop the beast.

Well in Greece you pay 44% income tax for any income over 40k Euros… Unless you make money through dividend income that gets taxed by 5% regardless of the amount.
Now if you return to Greece after 7 years of living abroad or if you move there from abroad you can pay a lump sum tax from then on.

Remember how Biden kept saying he wouldn't raise taxes on anyone who makes less than 400k a year? Capital gains tax and corporate tax both do exactly that

The thing is they're raising taxes on them self as well because their millionaires

Andrew, so Brandon doing what he promised to do (and more) as a candidate (tax, tax, tax plus) was the right candidate to support with a vote in 2020 because the "existential threat" alternative was far, far worse, I guess?

Give old Diapered in Chief time. He will toss in a National Property Tax, Federal Tax on resources like drinking water, tax on voter registration, etc.

16th amendment gave congress zero authority to tax private sector employees. Ppl should read the written laws in 26 usc instead of assuming to know. Blindly filling out gov forms under penalty of perjury is just stupid. Even simple definitions in 26 usc 7701 will give ppl an understanding

Hi Andrew, thank you for your videos! They've inspired me to move my startup to another country away from the USA. However, is there a country where you could run your business remotely without having to actually live in it 100% of the year? For instance, you've mentioned Malaysia and Georgia, but do you have to own property and/or rent there in order to headquarter your remote-business there? How would health insurance work while you, personally, travel around the world? (I'm only a 6-figure business, so far.)

If you’re commenting here about Joe Biden, you’re missing the point.

It’s not a Biden problem, or Trump problem. It’s a systemic US problem.

That lower class may not pay taxes but they are hurt the most by the worst tax of all: inflation. Meanwhile the rich benefit from inflation.

Why does Andrew expect people who come from poor families with no inheritances who earn less than poverty wages to pay taxes??? That is ~30 % of the population. It sounds like Andrew wants this 30% of the population to starve to death because if they are Forced to pay taxes on their poverty level wages that doesn't leave them with enough money to buy proper food. Andrew sounds Evil.

Good thing the Dems and Biden are headed for a bloodbath in November

F, JB!

The tax that is starting to hit people now is the increase in property tax. Now that property values have “sky rocketed” home owners, in some areas , are seeing a 20% increase. This is insane.

The Democrats must be destroyed in November.

Well, somebody had to pick up the tab for 43 Billion Dollars Biden just approved for Ukraine!

Their solution is always to raise taxes rather than reduce spending. They have the largest tax pool on earth (if I'm not mistaken) and still can't figure out how to fund anything

All taxes are proof that America is a slave colony of free range slaves.

Taxes need to be argued with nuances such as including all the other expenses, considering total expenses, investment rate, ROE, etc. Rational people should escape from the USA. Biden and his cronies are the most corrupt in history by a wide margin. GWYTB.

Elon memed unrealized gains as the "blue-shell tax", referring to the dreaded kill-whoever-is-winning power-up in Mario-Kart.

You can’t tax a Nation into prosperity