We have poor American citizen who had joined our military and put their lives on the line, fight and died, to protect our country. But we, also, have rich businesses and companies who open their headquarters overseas to avoid paying taxes. The poor is also made or asked to carry burden.

TAX THE POLITICIANS!!!

No matter how much this matter is dissected, it all results to GREED!!!!!!!

It’s such a joke. Tax the people that buy lobbyists. Lol.

This aired in 2010, The national debt was 13 trillion. It's 32 trillion now.

I dont think that taxing incomes over $250.K , a rich mans tax rate at 30% is outrageous.. After WW2 the top earners had a 50% income rate 30% is not to high at all

The greed among the rich is gotten out of hand and so sick of it.

Corporate and government greed is the real problem.

I'm about to turn 59 on the 17th of this month and I've been watching this show I'd say for at least 50 years! ty for excellent programing and congratulations on the success of staying on the air!

The most important thing is to get rid of all the tax loopholes for the rich and corporations. We need to vote more people like Bernie Sanders and AOC into the government. People who actually work for the middle class instead of the billionaires.

Taxing the rich needs to be implemented nation wide, while tax cuts for the middle class also needs to be implemented nation wide. The answer is simple and obvious

This is one of the most anger inducing videos I have seen about politics recently.

if they have headquarters outside of the USA, to be able to service the USA, they have to pay taxes

Lacking an awareness of humanity, fairness, and justice, all I can say is that I am so grateful to not be holding their hand on their judgment day.

3:19 if you think that is big, the Total Unfunded Liabilities is more than $180 Trillion. Liabilities towards the government equally spread out to every citizen of the United States would leave every citizens to pay more than $543,000 to the U.S. Government to eliminate the Total Unfunded Liabilities. We can't go on forever like this. Rising liabilities and a decreasing workforce is a recipe for disaster for the future of the U.S.

How does a nation of billionaires not contribute to the tax burden shared by everyday Americans?

just pay your taxes. quit being so damn greedy. you already are rich and live a top-notch life.

It is all greed with these people. $5000 a year is a drop in the bucket for the ultra rich millionairs. Oh so big corporation shouldn't pay into our school systems? This is wrong.

“Soft corruption” that’s a new one

I'm so sick and tired of people whining about paying taxes. TAXES ARE HOW WE PAY FOR THE THINGS WE WANT AND INVEST IN OUR FUTURE!

Our government has forgotten about their constiuants. We put your where you are at. You owe us, the American people. You owe us to do your job and legislate and get to work for America.

He says taxing the middle class? Oh local governments are doing plenty of that already.

It all comes down to the inability to change or new way of thinking. No one dares to challenge the system. A lot of these politicians have self interest and short term vision We need not only a powerful leadership but also group of people who needs to support the change

Bottom line, they pay the taxes or someone else will start up a company doing the same thing here and we stop buying that product that screws our tax system .

There are 60,000 homeless in Los Angeles right this minute! how is 1,200 tiny homes going to help these people ?

Some of these agencies should be investigated, they might be committing fraud

I wonder if the CEO who said the WA income tax would cost his company $50,000 and that would stifle his business knows how absolutely stupid that claim is. $50,000 is what he pays just one, repeat just one, professional employee.

These companies will spend more to fight against their taxes a year, then what they would have to pay in taxes every year. Come on Americans.

All tax cuts to the rich cut? 1.3 trillion dollars to the deficit? 100 billion a month? Make the rich pay! They make me sick weasling out. Make them pay!

I hope the law passes it’s about time everyone pitches in for their part

The huge state taxes in New York and California are driving people to move in flock to Florida and Texas.

Corruption is the order of the day meanwhile we the people suffer.

Can't tax us poor workers.we already have nothing

Someone should send a book explaining how a fiat currency works through MMT Economics.

The problem in this country is everyone wants everything and pays nothing. When these people are old then they realized that it is always a balance of all things to rob from one and pay a hefty price for another. But the riches still need America to sell their products since no other in this world has major purchase power like Americans. We as Americans should boycott their products.

Or the US heavily taxes ANYTHING made in another country by a company that is stationed in the United States

Hi Lee and Paul! Just wanted to share that these crimes actually have become pretty common since the lockdowns three years ago. I've kept up with current events voraciously since March 2020. The "Why Me" question has an answer: This is the new norm until things change and we need to get more people, especially naive people to understand that. I live in a suburb of DC; I have been in DC and/or DC adjacent for 12 years and no longer go out at night. My neighborhood has severely deteriorated. It is not unusual for carjackings; gas siphoning; catalytic converter theft; and random gun assaults to occur. I wish there was a way for me to convey to both of you and your friends to understand that it has never been this bad in my lifetime (age 49). I was definitely worried about you and Paul in St. Louis. Used to love that place... just please get your friends to understand the world has changed and to look into current events for cities they are "nomading" in.

33:06 Just make it a requirement that politicians, once elected, have to liquidate their portfolios and buy only $QQQ, $SPY, and/or $DIA and they have to leave it there until they're out of office

This is a mega amount of corruption. My God I cannot beleive this. Thank you 60 minutes.

The CEOs who do not want to pay for education do not deserve to keep their jobs.

The 2017 tax bill eliminated essentially the 2nd story. Through BEAT and GILTI, the profit shifting to lower tax countries is gone. Also cash is no longer parked overseas primarily for US tax reasons

Join Congress not because you want to help people but because you want to benefit yourself

Corporate taxes need to be equal between countries. We need to find another way to tax them for services and perhaps initiate a federal sales tax

How can any Nation exist without paying its bills? I favor having a flat tax. Everyone paying a fair percentage of their income. Our infrastructure, to include roads, bridges and water works systems, is falling apart. The word 'Taxes' is not a cuss word. They are essential for maintaining a healthy lifestyle.

I’m sure I would LOVE to pay the Swiss tax rate too. If only I had the money to “live and work” in Switzerland and enjoy the benefits of the US. These small countries are just poaching American money because they don’t have scale. Disgusting. Lol and that Cisco exec could use some of those profits to cover that combover.

YES!! LEAVE THE POOR ALONE!

My parents love 60 minutes news magazine

Start taxing the Execs!

Personally, I think of the US government is really that concerned they should just cut spending as opposed to cutting taxes. If you are looking at getting rid of tax cuts and everything, perhaps US government people should stop spending so much on these programs which lots of people, including myself, don’t get to take advantage of. Only the people who are wealthy good to take advantage of the loopholes in the tax law and for me since I’m not rich, I don’t get to take advantage of those loopholes because I don’t know what they are and I don’t know how are use them. Very simple message stop spending so much money on borrowing more to continue to spend. Then maybe we can get our deficit under control but it’s gonna take 50 years or 60 years to get this deficit down under $100 million which means that the people of today like me well long since be gone. Our great grandchildren might benefit yes, spending cuts were made, but I never hear that from these people!

1. Fed income tax 2. State income tax 3. SS tax 4. Property tax 5. Road tax (fuel) 6. State sales tax 7. Unemployment/ disability tax 8. Local utility tax 9. Corp tax 10. Capital gains tax 11. Dividend tax Do we have a tax problem, or a spending problem.

Rich people always threatening that it’s going to hurt their business and they pay more taxes but yet when they get a check for $14b year they’re not complaining

Social security is not an entitlement for seniors....we put into that. It's an entitlement for the young

We’re still having trouble getting the richest people to pay their fair share of taxes. How many billions does one person need? GREED IS UGLY.

I got a job, That I really LOVE, I am making more than I've ever made before. But now,... I payed for my income in taxes with almost 23% of everything I made claiming 0 and at the end of the year, I owed more, so They took it. I clamed myself at the end of the year and I STILL OWE? How fair is that?

This explains a great deal.

Normally as a conservative, I’d be opposed to t this, but when I heard it would be for education, I realize we need it…

How do you fund government without taxes? The rich want to have there cake and eat it too

I live in Texas and we have surplus in our state with no state income tax…i would never live in a state that i have to pay state income tax it’s ridiculous

The taxpayers know we have the best politicians that money can buy and they sure as he'll don't surve WE THE PEOPLE

I am not American, and just googled whether there are any income taxes today in Washington - and guess what - there are not. Let me guess, nothing has changed on either of these issues! Anyone else getting sick of the tax evasion by the superrich over and over and over and over again? Or money in politics?

How do you tax-cut your way out of a deficit?

You know something isn't right when there's 133,000 millionaires in one country...

What a shame that wealthy people dont want to help.

$50,000 is not going to break your business

CUT INTRESST RIGHTS CUT STOCKMARKET INTRESST RIGHTS

This is so wrong. We elected you into office. I will never pay another dime to any of your requests. How dare you do this. You have a very generous salary. You do not need our denations. This is so wrong.

Can't we just tax the rich, the middle class, and the lower class at robust and practical levels. You can't have competition, democracy, and equal opportunity if all the money stays at the top for generations.

Then they'll stop. Less of what need. Why not quit spending?

I wouldn’t mind spending high taxes on my high paycheck if we had a highly functioning and efficient government bureaucracy. The government needs to cut spending it’s insane. We’ve increased education spending 300% adjusted for inflation yet our public schools have decreased in quality with all the new tech in classrooms.

400k is not "rich". These measures always fail because they draw the line incorrectly. Tax income and capital gains over $1B at 90%, there you go.

9:20. Getting your car washed by a mobile business is exorbitant spending for a government?? This is a man with very few examples on the subject.

Can't complain about single digit income tax. It's mandatory here in Europe and in double digits.

Years later, it still hasn't changed. In fact, Nancy Pelosi said they shouldn't have to change the rules.

“You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

NEVER REWARD SIN!!!!!!!!!!!!!!! AND LIVE AND TEACH ONLY TRUTH!!!!!!!!!!!! ALLTRUTH

Interesting, how is it, that one area needs 35% of of your income to maintain its society, and other equally advanced countries only need 15%? I live in Washington, Zero Income Tax, but not mentioned is the high Sales Tax. Washington, in 2022, has a $15 Billion dollar tax surplus, and are still maneuvering ways to increase the Tax they are collecting.

13:54 $60B of money to be possibly taxed versus a $1T deficit. It just proves the gov't has a spending problem.

The tax haven situation is a race to the bottom. The solution that I see would be for all countries to get together and charge the same tax rate. We couldn't even get together on a pandemic, so I have no hope.

Ugh, this was 12 years ago. Nothing will ever change.

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

Very good report,I love you guys

Tax Cut is a Religion

How about the US government grows up and stops wasting taxpayers’ money for a start! Agree something must be done to the rich but that’s not the solution if the government is not held responsible for their behavior.

Any company that inverts in this way should be excluded from American markets.

Stop the spending. Layoff half of the Federal workers. Return Education to the States.

Love the purple look Leslie! 25:55

Greed! Plain & simple a young man who’s net worth is 300 million is crying about 50,000 dollars. REALLY??? I pay weekly $450 to $525 dollars in taxes and believe me I need it but I would much rather pay taxes to help those that need. Anything else is just greed! Disgusting

Yes and so has the States elected officials are doing it too. I voted for my canidates of choice of my party. The very next day they won they were asking for money. I am living on SSI which is below poverty. I told them, they are millionaires support yourself. Fix my entitlement so I can live like everyone else in this world.

Really really en pointe why American politics are not workong!🔥🔥🔥

It's just pennies on my dollar to enjoy local services. Due to our current so-called media spew, cultural upbringing, and influence of peers, we hate taxation.

The social security/Medicare tax needs the cap removed

In New York State union employees get to deduct dues Retired state employees do not pay taxes on retirement income.

Buy a politician. Ten percent flat tax for everyone. NO DEDUCTIONS. The average American is taxed before they get their paycheck. The rich and corporations pay little or no taxes. TRUMP is a good example. They will say that tax breaks are used to create jobs but if they did not have employees they wouldn't have a business so it isn't to create jobs. It's to create wealth. NO SOFT CORRUPTION.

Why is it never cut government funding? Downsize? Consolidate?

Thanks for looking for me. I just can't bear any more. Because of tax evasion, tax shelters, predatory businesses AND policies, in rhe past 50 years this country has come to stink to high heaven with high-falutin justification s for INORDINATE greed and selfishness. It is already on its way down the sewer (sorry working poor) to its rightful end as waste. Such a high degree of moral imbalance and indecency cannot possibly sustain a healthy social organism like a state or country.

Why doesn't the police arrest them and put them jail

Maybe cut spending or shrink government.

Greedy has eaten up this country, included all the colors, are you really know those people they really poor? Just make me sick of this country.

If lowest corporate tax is the only competitive advantage as a country, I'd advice the governmanet of that country to diversify since low tax rates are easily copied. Low corporate taxes in Ireland is controversial here in Europe because other EU countries are projecting an emulation of this strategy. It's a race to the bottom which isn't favorable for citizens in times of war, insecurity and a renewal of cold war tactics.

When you see politicians and conservatives talk about lost revenue from business leaving or how the rich need motivation to keep innovating just let it sink in the city of Rotterdam in the Netherlands almost considered taking apart historic bridge just so Bezos could move his $500M superyacht through. "Rotterdam now won't dismantle the Koningshaven Bridge for Jeff Bezos's boat. After backlash, the ship's builder Oceano decided to not move forward with a request to alter the bridge to sail the yacht" Only after the "peasants" revolted did they change their mind. As if we need any more reminders the old world nobility haven't gone anywhere in this world of "Meritocracy".