Episode Transcript
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Speaker 1 (00:00):
That time, time, time, time, luck and load. Michael Arry
Show is on the air.
Speaker 2 (00:10):
Because if you do trust, there's no reason you can't
keep that thirty five thousand.
Speaker 1 (00:14):
What did you say? Thirty thousand, thousand, thirty five thousand,
all of it? All right, everybody, you better start making sense.
If you want to keep all that money, give it
to your wife. The IRS allows a one title only
gift to your spouse for up to sixty thousand dollars
tax free, tax free. High r s can't touch one second.
Speaker 3 (00:32):
I'm ow to kill man, and it is a born kill.
Speaker 1 (00:36):
I've had enough.
Speaker 3 (00:39):
Up the way, the big man, big city, the little man.
Speaker 4 (00:43):
At I mean, the libertarian society is no longer with
us because the amount of tax coming out of the
economy is still much greater. The amount of taxing government
takes is over forty percent. You know when the funding
father's got sick and tied to the British tax and
they say he had a tax of about twenty five percent.
Speaker 1 (01:02):
This I won't come.
Speaker 3 (01:05):
Now all nothing. So we raised that name from your wrist,
Take me off your bail, you could ride me all.
Speaker 5 (01:21):
Yeah, dude, are is We have people that are dying,
They're paying tax and they don't have the money to
pay the tax. No, in the old days, eighteen ninety
eighteen eighty, we had so much money they had to
set up committees, blue ribbon committees, how to spend our wealth.
We had no idea how to spend it with so
much money. Then we went to the income tax system
and the rest is sort of history.
Speaker 1 (01:41):
But no, there is a.
Speaker 5 (01:43):
Way, I mean, if we if what I'm planning comes.
Speaker 1 (01:46):
Out, it's a great question. By the way, everyone could
have known it. They're a sophisticated cat.
Speaker 5 (01:50):
You know, everyone could attained the American dream if it
wasn't for the high courts that the burden of high taxes.
Speaker 6 (02:00):
Zucker, I ain't want.
Speaker 7 (02:03):
The whole people pay.
Speaker 3 (02:09):
But you can't, no shot straight down your whole damn bag.
You can be one.
Speaker 6 (02:19):
Of the great frustrations with the tax these massive tax
that we pay, taxes that we pay, is what it
goes toward. It goes towards fraudulent spending, us AI, d
n PR, PBS funneling money to people because we can't
(02:39):
say no, because powerful people want it to happen so
that they can own people that they give money to
or funneling is so it's sort of like they start
with this massive pot of money and then they all go,
all right, how can we keep this for ourselves? And
they call their brother, their sister, their life, their child,
(03:02):
adult child, and say, start a business in this name
and file under this program and I'll approve it. And
there is so much of that. I give an example.
Here's Lori Chavez de Raymer, she's the Labor Secretariat. At
the Cabinet meeting a few days ago. She's talking about
unemployment insurance fraud. We all know it's there and we're
(03:24):
paying for it. That's what your income taxes are going.
Speaker 8 (03:27):
Toward accountability matters.
Speaker 7 (03:29):
That's what we're recognizing with our partners at the Department
of Labor for Government Efficiency.
Speaker 8 (03:35):
Just a few weeks.
Speaker 7 (03:35):
Ago, we realize there's about four point four billion dollars
in COVID funds that were not used, that the state
coffers were just holding on to. Out of that, we've
returned one point four billion back to the state treasury,
so essentially to the American people, and we'll go back
and call the rest of those billions of dollars back.
And on the heels of that, last night, late last night,
(03:57):
we're understanding unemployment insurance fraud.
Speaker 8 (04:00):
That trust needs to be whole for.
Speaker 7 (04:02):
The American people when we need it, we need it
for who deserves it. That's not what we're seeing in
the numbers that we saw last night again exposed by
our partners at DOZE at the Department of Labor.
Speaker 8 (04:13):
Since twenty twenty, over four hundred million.
Speaker 7 (04:15):
Dollars of payments have gone out already. And when you
hear these numbers, apparently in the United States we have
over almost twenty five thousand people who are over one
hundred and fifteen years old who are collecting fifty nine
million dollars that we have sent out to people talk
about fraudulent behavior. Mister President, Twenty eight thousand people between
(04:39):
one and five years old have collected fraudulent payments.
Speaker 8 (04:43):
At the tune of two.
Speaker 7 (04:44):
Hundred and fifty four million dollars has gone out. And lastly,
ten thousand people who have not been born yet fifteen
years into the future sixty nine million dollars and they
haven't even been born yet. In one case, they will
be born one hundred and twenty nine years from now.
The United States government sent them forty one thousand dollars
(05:04):
and they're not born yet, so under the Department of Labor,
those are the things that we're uncovering. I couldn't be
more honored to tell the American people that we're bringing
back their dollars and we're saving them and returning them
to the United States Treasury. Also, jobs numbers last Friday,
two hundred and twenty eight thousand new jobs were reported.
Speaker 8 (05:23):
That is good for the American people.
Speaker 7 (05:24):
That is my primary job is to grow that workforce
under your leadership. So we've kicked off the America at
Work tour and we'll.
Speaker 8 (05:32):
Be visiting all fifty states and I'll.
Speaker 7 (05:33):
Be working with my colleagues here to do just that.
So thank you, mister President. We're going to grow this
Econ company.
Speaker 6 (05:39):
We're going to from countries that are scared of having
tariffs imposed or going to build operations here, and they're
going to need to hire people to staff those operations,
and you're going to see Americans going to work at
well paying jobs. Commerce with Tim Burshett on CNN with
Jake Tapper explaining why this and all these problems are
(06:02):
so bad. It's because Congress is in bed with lobbyists.
Speaker 1 (06:07):
In some cases, literally party has not been in favor
of tariffs.
Speaker 9 (06:13):
That's that's correct, But I think you're seeing a shift
in that. But we have a short memory of tariffs.
If you remember, I'm a motorcycle guy. Harley Davidson was
about to go under and President Ronald Reagan Bodley stepped
up and said, thousand cc motorcycles and above that. The
Japanese are dumping on the American market cheaper than they
can produce. We're gonna we're gonna stop that by putting
(06:34):
a that's targeted.
Speaker 1 (06:36):
That's a targeted tariff. Yeah, but China, but it's past that.
Speaker 9 (06:39):
And if you think Congress is going to go along
with any of that, because Congress is in bed with
K Street lobbyists, let's just be honest. Sure they're they're
literally literally literally and that's why they are.
Speaker 1 (06:50):
Yeah Sunday morning.
Speaker 9 (06:52):
Yeah, Well, sorry, all the good folks there at church that.
Speaker 6 (06:55):
We're on the subject of the waste that you're paying
to fund.
Speaker 3 (06:59):
The Sea.
Speaker 6 (07:00):
CEO of Open the Books John Hart told the Doze
Subcommittee that federal agencies have spent four point six million
dollars sorry, four point six billion dollars on furniture since
twenty twenty one, despite the fact that those employees were
working from home.
Speaker 1 (07:19):
And the reason is it's not about the furniture.
Speaker 6 (07:23):
It's about who got the contract to sell it, and
that's who they're paying, which is friends and family.
Speaker 10 (07:29):
Since physical year twenty twenty one, executive agencies have spent
more than four point six billion dollars on furniture alone.
That amount could buy nine point two million American families
a modest, five hundred dollar kitchen table. During the peak
years of the COVID emergency, from twenty twenty to twenty
twenty two, agencies spent three point three billion on furniture.
(07:51):
Even as work migrated to zoom, the SEC managed to
spend seven hundred thousand dollars furnishing a single conference room
in New York, and social distancing guidelines failed to keep
even the Centers for Disease Control from buying solar powered
picnic tables with charging ports that, by their own rules,
should have sat unoccupied. And it added burden for taxpayers
(08:14):
is that many spaces are long term disrepair. As we
mentioned before, federal building seat three hundred and seventy billion
dollars in Texas.
Speaker 1 (08:20):
Michael Barry's show.
Speaker 6 (08:25):
There is a stupid show on Amazon Prime right now
called White Lotus. It's in season three and it's really dumb.
And my wife begged me to watch it with her
because she thought I might like it. And I want
(08:46):
to make it clear for the record that I hate it.
It's awful, it's terrible. I don't like it, but for
her sake, and only for her sake, I pretend to
like it. I don't know how many of you do this,
but my wife and I have very different tastes. She's
not a big TV watcher. Growing up in India, they
didn't have a TV in their home. Her her father
(09:09):
was a man of letters. Her grandmother was a university president.
They were they wrote, and they read a lot, and
when they socialized it was to get together to talk
about books and ideas, and that was very much her upbringing.
Speaker 1 (09:27):
She's still a voracious reader.
Speaker 6 (09:29):
The idea of plugging into a digital form was to
her not sufficiently engaging.
Speaker 1 (09:37):
Well, that's what I grew up on.
Speaker 6 (09:39):
My mother was a big reader, and so I learned
to read, and I learned to love to read, and
I still do.
Speaker 1 (09:43):
But I also have my side where I plunk down
on the.
Speaker 6 (09:48):
Beanbag and watched my cartoons and all the way up right,
some the best parts of my life watching cartoons. I'll
be here to tell you. The TV show It's Parent
all the rage now. The reason I agreed to watch
it with her is when we can find something we
can watch together, like a Landman or Justified or whatever.
Speaker 1 (10:10):
It's just good quality.
Speaker 6 (10:11):
Time to spend together, you know, other than dinner or
me sitting out watching her garden. It's a good way
because I will sit and watch music documentaries and political
documentaries for hours on end, but she's.
Speaker 1 (10:24):
Not part of that.
Speaker 6 (10:25):
And in order to do things that she is part of,
I will watch a show. If there's a it's actually
really good writing. There's there's a weird incest thing. I'm
not ruining anything for you because you're going to figure
it out about five minutes in. That creeps me out,
and that's they don't need to do that, and it's
(10:46):
about enough for me not to watch it at all.
But she wants to watch this, and we're enjoying watching this,
and it's actually pretty darn good writing. So far, I'm
not very far into I'm just two episodes into season three.
Income Tax is the only way that we pay taxes.
The government has a lot of ways to tax us.
Speaker 11 (11:09):
The following message was paid for by the Internal Revenue
Service with funds provided by you.
Speaker 1 (11:14):
Good day, folks, and good news.
Speaker 12 (11:16):
If you're getting sick of having all that extra money
in your bank account, the government has your back because
it's tax time again and the government has so many fresh,
exciting ways to tax us. We all know about income tax,
sales tax, and property tax, but here are some other, fun,
lesser known, creative ways that the government has come up
with to make sure you're never inconvenienced with having too
(11:38):
much money.
Speaker 1 (11:39):
Like the alcohol tax, because we know you're.
Speaker 12 (11:42):
Not responsible enough to think for yourself, so we're going
to punish you when you consume a product that we
don't agree with.
Speaker 1 (11:48):
Or the carbon tax.
Speaker 12 (11:50):
The carbon tax is a fee you pay to reduce
global warming.
Speaker 1 (11:53):
Does any of the boddy actually go towards stopping global warming?
Not really. Next up is the fat tax.
Speaker 12 (12:00):
Much like the alcohol tax, this is a fee you
pay for trying to be happy for five or ten
minutes while you eat a hamburger.
Speaker 1 (12:07):
Don't forget the financial transaction tax.
Speaker 12 (12:10):
This is a tax you pay for moving the money
you've already earned from one place to another. Want to
transfer your assets into or out of a stock or
mutual fund.
Speaker 1 (12:19):
Better pay up the fuel tax.
Speaker 12 (12:22):
After already paying sales tax on gas and the carbon
tax on carbon emissions, you also have to pay a
fuel tax.
Speaker 1 (12:28):
That makes sense. The luxury tax.
Speaker 12 (12:32):
This is a tax you pay for purchasing things that
are slightly nicer than the things people normally buy.
Speaker 1 (12:37):
The soda tax.
Speaker 12 (12:39):
Did you choose to drink a beverage deemed unhealthy by
the government, Well, then you'll have to pay us for
slowly killing yourself.
Speaker 10 (12:46):
I'd like to buy the world a home and furnish
it with love, grow trees.
Speaker 8 (12:57):
Sol turtle, dum.
Speaker 1 (13:00):
I to teach.
Speaker 6 (13:02):
They were conditioning us to accept being taxed at an
early age. The government funded schoolhouse Rock with Taxman Max.
Speaker 1 (13:16):
Welcome to the variety, Sit and relax. I'm that song
and dance phenomenon. Let me sing for your boom.
Speaker 9 (13:25):
I thing for your billing.
Speaker 1 (13:27):
Then in one.
Speaker 3 (13:31):
Taxes that's a million melody symbol and truth I'll it.
You know.
Speaker 6 (13:35):
The idea of who educates the children, what pop culture
they consume, what happens in the schools.
Speaker 1 (13:45):
In movies and books, those.
Speaker 6 (13:50):
Who wish to grab power, those who wish to dominate,
and that's not limited to the Nazis. You know, the
real reason that people reduce everything to the Nazis is
they've not studied history. It's the only group of people
they know that are bad people. They don't really know
(14:11):
anything about the Nazis. That's why they call everybody Nazis.
There is a theory known as Godwin's law, and Godwin's
law states that as an online discussion or argument really continues,
the probability of a comparison to Hitler or the Nazis
(14:32):
approaches one, and a probability of one means certainty. It
means that the longer an argument continues, one or the
other person is compelled to call the other person Hitler
or Nazis. I hear from people all the time, very
(14:54):
frustrated that someone they're arguing with online, which is a
fool's er.
Speaker 1 (15:00):
Why do that?
Speaker 6 (15:01):
Why it always starts with I just get on there.
Speaker 1 (15:05):
I just like to taunt people.
Speaker 6 (15:07):
I like to get on there and tune them, and
eventually there's somebody who taunts better than you do, and
now you're losing. Never argue with a fool. They're typically
more experienced at it, and they enjoy it. Liberals love
making you angry. You love creating wealth and prosperity.
Speaker 1 (15:32):
They don't.
Speaker 6 (15:34):
Liberals suffer from mental health disorders. Once you understand that
and that you are arguing with crazy people, that's not
an insult, that's a fact.
Speaker 1 (15:45):
But it always.
Speaker 6 (15:45):
Revolves around being called hitler. They don't even know who
Hitler was. Michael Perry on Tax Day every year we
dig out and dust off after more than over forty
years now, let's say forty, yeah, almost fifty years. Is
(16:08):
Ronald Reagan on The Tonight Show with Johnny Carson discussing
tax reform and inflation. It's a little longer clip than
we would normally play, but I think it's that good.
Speaker 4 (16:19):
You know.
Speaker 6 (16:19):
Reagan was dismissed as a dumb dumb at the time.
They talked about Reagan as if he was what Joe
Biden actually was, a dummy.
Speaker 1 (16:29):
He wasn't.
Speaker 6 (16:30):
Reagan understood economics. He understood the nature of man, which
despite all the vernacular and jargon and industry terms and acronyms,
when you understand the nature of man, you understand the
nature of government. And where it all goes wrong. Reagan
had a keen understanding of that from life. He also read,
(16:53):
He asked questions, he engaged. He was actually a very
very thoughtful leader. Anyway, this is from a Regan on
The Tonight Show when you and I were boys back
in the Midwest.
Speaker 1 (17:03):
Government's federal, state, and local.
Speaker 13 (17:05):
We're only taking about fifteen cents out of every dollar earned.
Today they're taking almost half of every dollar earned in
the United States, and most people don't realize it because
the taxes are hidden in the so called business taxes.
You know, the politician that stands up and yells, oh,
let's save the little man. Let's tax business, and everybody
yells are ready. They haven't figured out that every tax
on business is just a part of the cost of production,
(17:28):
and the customer winds up paying it when he buys
the product.
Speaker 1 (17:31):
It's a hidden sales tax.
Speaker 13 (17:33):
There's one hundred and sixteen of them in the suit
of clothes that each one of us is enter. So
a lot of the economists have suggested, and I don't
know they'll ever come to be in this country, that
they're if they closed all of the loopholes and for
corporations and maybe tax loopholes, and even on their rich
certain loopholes, and made a percentage income and made a
flat fee without all of the deductions, that the government
(17:56):
might raise as much money as they do.
Speaker 3 (17:57):
Now.
Speaker 1 (17:58):
Oh sure, really the loopholes.
Speaker 13 (18:01):
This has been overdone by the politicians too, the bulk
of the money that is taken.
Speaker 1 (18:05):
But what are called loopholes are the legitimate deductions.
Speaker 13 (18:07):
With which if the people didn't have them, they couldn't
pay their income tax, interest on their mortgage, interest on
the installments on their car, their property taxes on their
home if they have one, and so forth.
Speaker 1 (18:19):
These are politicians as loopholes.
Speaker 13 (18:22):
But we ought to have tax reform, and we ought
to start by making it so simple that you don't
have to hire a lawyer to find out how much
you owe every year.
Speaker 1 (18:29):
That's for sure. It used to be Please get a
loose sientified. But not of all, Johnny. We live in
the only country in the.
Speaker 13 (18:36):
World where it takes more brains to figure out your
income tax than it does earn the income.
Speaker 1 (18:40):
I'd be right.
Speaker 13 (18:42):
We've gotten in the habit over the last forty years
of thinking the government.
Speaker 1 (18:44):
Has the answers.
Speaker 13 (18:46):
There's very little that government can do as efficiently and
as economically as the people can do themselves. And if
government would shut the doors and sneak away for about
three weeks, we'd never miss them. Our biggest problem is
that we have built a permanent structure of government, federal, state,
and local, the permanent employees, and they've come to the
place that they actually determined policy in this country more
(19:07):
than does.
Speaker 1 (19:07):
The Congress of the United States.
Speaker 13 (19:09):
There are fourteen and a half million public employees in
the United States. That's quite a voting block. And the
bureaus and agencies not in Washington. I heard you talking
earlier about some of the research programs. What would you
say if I told you about one a study in
which this was called the the Demography of Happiness. And
(19:31):
in this study, the government found out that young people
are happier in old people, and they found out that
people that earn more are happier than people that earn less.
And they found out that well people are happier than
six people.
Speaker 1 (19:47):
That's good. This was two hundred and.
Speaker 13 (19:49):
Forty nine thousand dollars to find out it's better to
be rich, young, and healthy than old.
Speaker 1 (19:53):
Boards A poll was.
Speaker 13 (19:58):
Taken recently that found out that only forty six percent
of the people in the pool could name their United
States congressman. But what was worse, eighty six percent of
those who could name him couldn't tell you a single
thing that he represented or stood for.
Speaker 1 (20:12):
They just knew that he represented the fay But he
was a congressman. But what's he doing while he's up there?
Speaker 13 (20:16):
And the same is true at the local levels of
government and all the rest. But so you're saying people
really have to take an active interest, and you have
to have citizen.
Speaker 1 (20:24):
Action groups locally and let them know it.
Speaker 13 (20:27):
Especially now, the special interest groups, as everyone thought, big
powerful business interests are something that are going to persuade
government to do things. As a matter of fact, I
don't know anyone with less influence today in government than business.
Speaker 1 (20:38):
They're just a convenient whipping boy.
Speaker 13 (20:40):
But it's the groups that have got a particular acts
to grind. You can't have a power plant because it
might interfere with the seagulls.
Speaker 8 (20:47):
Now.
Speaker 13 (20:47):
I think I'm an environmentalist, and I do not agree
with those people way over in the edge who paved
the whole country over in the name of progress. But
also I don't like those on the other extreme, the
will let you build a house unless it looks like
a bird nest.
Speaker 1 (21:00):
Well, someplace in the middle, we.
Speaker 13 (21:02):
Got to allow people are ecology too well, this kind
of group, and they want their particular program.
Speaker 1 (21:07):
Hundreds of dollars have.
Speaker 13 (21:08):
Been added to the cost of an automobile putting gadgets
on it to clear up the air. We're the only
country in the world that's set out to do it
that way. When budget deficits are what's causing inflation, I
don't see that there's any room to be on either
side of that argument. I think the answer to curing
inflation is a balanced budget. No, how do you do that?
I mean, it's not how do you balance the budget? Well,
(21:31):
balancing the budget is like protecting as more than you
take in, right, it's like protecting your virtue.
Speaker 1 (21:35):
You have to learn to say no.
Speaker 14 (21:46):
There's got to be another way. What's the second option?
Speaker 1 (21:55):
Well, no, there's some ways that this could be brought about.
Speaker 13 (21:57):
First of all, limitation here, here's another one. Why shouldn't
we have, in addition to a simplified income text, why
shouldn't we also have a law that says that anytime
a legislator or a congressman introduces a spending program, he
has to introduce with it a tax program to pay
for it, and let the people find out. There was
a woman that from a financial firm that was back
(22:18):
at the President's Economic Council, and her words weren't quoted
everybody else's words gotten the paper, all the Heller's and
the gall breaths, and all the socaled economists. And I
have a degree in economics, so I can say this,
I think an economist to someone who has a five
data kapakey in one end of his watchchain and no
watch on the other. This woman said that you go
to the polls and you ask the people do they
(22:40):
want some social service, some program the government can give,
and the people in the polls are apt to read
and say that sounds good. Yeah, But she says that
isn't exactly accurate.
Speaker 1 (22:49):
She says, put an one hundred dollars.
Speaker 13 (22:51):
Bill in each person's hand and then show them the
program and say, now, isn't that a nice program?
Speaker 1 (22:57):
Do you want it? Give me the one hundred dollars, she.
Speaker 13 (22:59):
Said, See what the poll says then, and how many
people hang on with one hundred dollars instead?
Speaker 1 (23:03):
Of the program.
Speaker 13 (23:04):
In other words, that it's rather hidden than someone doesn't
know exactly where it's gonna come. They all start all
the government programs, start a dollar down and we'll catch
you later. And they multiply all of those things that
you were. The Office of Management and Budget in Washington
that's responsible for the budget up putting the budget together,
cannot even tell you how many boards, commissions, agencies, bureaus
(23:25):
and departments there are in.
Speaker 1 (23:26):
The federal government.
Speaker 13 (23:28):
But all of them can pass regulations, and those regulations
have the force of law. And the difference is when
you break the law, you're innocent until proven guilty. When
you break a regulation, the fellow the charges you with
breaking the regulation, you're guilty. If you want to take
him to court and prove you're innocent, that's up to you.
And all of these are things that, yes, we can
(23:50):
trim the budget. There's enough fat in the federal government
that if you rendered it, you could wash the world.
Maybe it's time for realignment between people who might defind
the those in the wrong parties. Maybe there's some people
still voting. I was a Democrat most of my life.
I became a Republican, only not too many years ago,
and I had a pleasure of telling some of those
(24:13):
people that are saying the Republican Party ought to broaden
its base the other day that when I switched parties,
I didn't do it because the two parties were alike.
Speaker 1 (24:22):
I did it because they were different.
Speaker 13 (24:24):
And I think that the two parties ought to stand
up as to what they represent.
Speaker 1 (24:29):
They remain scared to death of you, and they remain
scared to death of Trump. To Michael Berry show, You're
not going anywhere even if Trump does. You're not.
Speaker 6 (24:40):
As we always do on April fifteenth, we focus on taxes,
particularly the income tax. Being tax Day, you can file
an extension if you have not if you are unable
to finish your taxes today. The extension you do not
have to take to the entirety of the extension. You
(25:02):
can file an extension and fire your taxes in a
few days. If you're close but can't quite get it
done tonight, I will encourage you. If you own a
mid size company or more and you are not aggressively
looking at tax strategies, then you are not availing yourself
(25:23):
of every tool in the toolbox to make your business
more likely to succeed. I use a company called Duroche
in Houston, which is a CPA firm that they don't
just filere your taxes. They look at strategic ways to
make good decisions, to comply with tax laws, stay out
of trouble, but also maximize the benefit good business decisions.
(25:48):
That's why they view themselves more as strategists than just CPAs.
And as always, you're welcome to email me and ask
me for referrals on anything. If you have a problem
with a a tax problem with the IRS and they
claim you owe money. I have a firm I've used
for well, I don't know, fifteen years. They've been a
(26:09):
show sponsor. They're based out of Houston, but they have
a national practice. They're called Top Tax Defenders dot com.
You can email me. I can literally put you in
touch with the owner. We've had folks that IRS said
you owe us hundreds of thousands of dollars and a
they didn't or be in some cases they did, but
(26:30):
there were a lot of what they quote unquote owed
was fines and tax was fines and penalties that the
IRS was willing if they would come in and say, okay,
we made a mistake. As the taxpayer. I made a mistake?
Can we waive that? The truth of the matter is
you don't want to fight the irs alone because they
have all the power. They do this all day, every day,
(26:51):
and they don't have any reason to be nice to you.
But if you get someone to protest on your behalf.
My folks are top tax defenders or other folks. I
like my folks a lot because I've used them a
long time, and I'm always happy if any listener wants
to email me and say, use the word sponsor in
the subject line, Hey, Michael, who is the sponsor?
Speaker 1 (27:11):
You use that it helps you fight the irs? Who
is your accountant?
Speaker 6 (27:15):
For that matter? People email me all the time and
ask me for everything else. Who's your cardiologist, who's your
skin doctor? Who's And even if I don't have a
show sponsor per se in that category, I do my
best to track down and find somebody for them.
Speaker 1 (27:28):
Service providers are not commodities.
Speaker 6 (27:33):
You think about the difference between the best quarterback in
the league and the worst quarterback in the league. You
think about the best coach, and you think about the worst.
It matters. Not everybody is equal in the delivery of services.
Speaker 1 (27:46):
You want to get good people. You don't want to
go to.
Speaker 6 (27:50):
A bad doctor that says, oh, you just got a
lump on your head, take two aspirin, call me in
the morning, head on home, when in fact it's a
cancer that, if treated, your life could be saved.
Speaker 1 (28:02):
So it does matter what you do.
Speaker 6 (28:04):
Since we're on the subject of taxes, comedian Tim Slagell
has an ingenious way to teach his kids about taxes.
Speaker 11 (28:13):
Folks, if you have kids, you got to teach those
kids about taxes. Best time you can do this is
right around the corner coming up Halloween. See, because they're
going to put in about eight full hours of power
trick or treating. They're could it be bringing home a
nice big bag of what should be take home candy
(28:40):
this Halloween.
Speaker 1 (28:41):
Just greet that little tike at the door, Pete.
Speaker 11 (28:43):
That's a nice, big big of candy you got there.
Speaker 1 (28:46):
Harry Potter.
Speaker 11 (28:50):
First of all, now you see, just because you made
this much, we have to take away this much.
Speaker 1 (28:59):
Income to.
Speaker 11 (29:02):
Then to ensure you'll have candy in your old age,
I pay the Social Security tax.
Speaker 1 (29:16):
Quit crying.
Speaker 11 (29:19):
You're gonna see it in fifty sixty years. I'll tell you, well,
just put that right up here. We won't touch it
till then I got a level with you man. Your
Grandpa's gonna eat all that.
Speaker 6 (29:36):
I saw this a while back while I was sitting
out on the back porch. This is a guy who
posts under the name anti Communist on X about how
taxes work.
Speaker 1 (29:47):
You're gonna take forty percent of my paycheck in taxes,
most definitely, and then.
Speaker 11 (29:52):
After you tax my chick, you're gonna tax me on
anything I spend with the money left from my chick
that you already taxt. Oh you getting it now, you disclose,
You disclose to getting ready to chase the American dream.
Speaker 1 (30:03):
So let me get the tread. You're gonna tax my
whole cheap, give me what's lyft. Then I'm gonna spin
that all. Shoot you. I can't play this out.
Speaker 6 (30:11):
I wanted to close with Paul Harvey on how our
government and high taxes are our enemy. It's one of
my favorite bits. We used it this morning, but I
always make sure to play it on both shows every
year at on Tax Day because I think it's just fantastic.
Speaker 1 (30:26):
Let's close strong with that at Running Need.
Speaker 2 (30:29):
The Magna carter was handed to King John on the
end of a sword, denying to royalty the right of
unlimited taxation. And you know it was for us, the
American people, to become the first and recorded history, however,
voluntarily to surrender our rights to pride the property nyes.
We did for the men of some sounding constitutional amendment,
(30:50):
the sixteenth, which says that Congress will have the power
delay and collect taxes on incomes from whatever source derived.
And we forgot to put any limit on the extent
to which we could tax ourselves. Conceivably, we could be
taxed out of all private property.
Speaker 1 (31:04):
We could be.
Speaker 2 (31:04):
Taxing upety percent, but one hundred percent. We could awaken
one morning and find that the government owns the farm
and the house.
Speaker 1 (31:10):
And the car, and has a mortgage on the church.
Speaker 2 (31:12):
Legally, historically, whenever any nation has taxed its people more
than twenty five percent of their national income, the initiative
was destroyed and that nation was headed for economic eclipse.
Speaker 1 (31:27):
The history says, we'll roll.
Speaker 2 (31:28):
Forward on momentum for a little while, but we'd better
get some more gas in the tank pretty quick. We see,
ours is not the first by a Georgia good government
to arise on the world stage. There have been several Rome,
Spain and Greece and China, and each enjoyed about one
hundred and fifty years at its zenith, that's just about
our time in the New World.
Speaker 1 (31:49):
And then each decayed away.
Speaker 2 (31:53):
Not one of them was ever destroyed by anybody else's
marching legions. Each rotted away morally, socially, culturally, economically simultaneously.
Speaker 1 (32:04):
You know, one of the most cruel paradoxes of history
is this. Because each was a good.
Speaker 2 (32:09):
Government, it bore bountiful fruit. When it bore bountiful fruit,
the people got fat. And when they got fat, they
got lazy. When they got lazy, they began to want
to absolve themselves of personal responsibility and turn over the
government to do for them things which traditionally they had
been doing for themselves. At first, there appears to be
nothing wrong asking government to perform some extra service for you.
(32:33):
But if you ask government for extra services, government, in
order to perform its increasing function, has.
Speaker 1 (32:38):
To get bigger, right, And as government.
Speaker 2 (32:40):
Gets bigger, in order to support its increasing size, it
has to watch tax the individual more, so the individual
gets littler, and to collect the increased taxes requires more
tax collectors.
Speaker 1 (32:52):
So the government gets bigger.
Speaker 2 (32:53):
In order to pay the additional tax collectors, it has
to tax the individual more. So the government gets bigger,
and the individual gets littler. And the government gets bigger,
the individual gets littler. Until the government is all power,
the individual is hardly anything at all.
Speaker 1 (33:07):
The government is all powerful, all the people are capul right.
Nobody Elvis has ut for thank you and good night.