ilmscore | Why Are Taxes So High?

Why Are Taxes So High?

Published: 2024-03-10
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
The tax burden will continue to increase despite government services collapsing.
"the tax burden has increased and probably will continue to increase despite the fact that government services are collapsing"
Tax Burden
Pending
Post-COVID, Western governments (like the British and American) will show significantly negative wealth holdings.
"the situation during Co got significantly worse so now these GRS will drop down significantly and what you will see is significant negative wealth holding for the British government for the American government basically every Western Government"
Government Wealth
Pending
The rich will not sell their assets and will continue to acquire more assets.
"the rich will never sell their assets not only that they will continue to buy more assets"
Wealth Distribution
Pending
It will become increasingly impossible for governments and ordinary families to reclaim their assets.
"you can see that it is already and will becoming increasingly impossible for the government or for you as an ordinary family to ever get any of your assets back"
Asset Ownership
Pending
If the rich are not taxed, they and their children will use their passive income to outcompete ordinary families for assets, leading to ordinary families owning nothing.
"if um if we don't tax them they will continue to never sell any assets have enormous amounts of passive income which they and their kids will use to out compete you and your kids for the assets which you currently own and in the end your family will own nothing"
Wealth Distribution
Pending
The rich will use their accumulated wealth to purchase remaining assets, leading to further financial hardship for the non-rich.
"all of that wealth is gone to the rich who are going to use use it to buy the rest of the wealth making you even more bankrupt"
Wealth Inequality
Pending