70% Tax Rate: Bill Burr on Entrepreneurship and Taxes

[AgainstAllOdds]

Worth the listen. I don't agree with 100% of what he's saying, but his points on entrepreneurship and mindset are pretty spot on.

 

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[Valhalla]

Worth the listen. I don't agree with 100% of what he's saying, but his points on entrepreneurship and mindset are pretty spot on.

I think he's pretty much got it nailed, I don't usually like when he gets serious but this is great. When he talks about how it creeps, first it's over 10 mil, then 9, then they're coming after your savings..... It's scary and true. I think too much is talked about fairness in taxation, playing right into the hands of what politicians want: the illusion of a zero sum game. Why my Canadian tax return is hundreds of lines and my Hong Kong one is 15, I can't explain. I think as a society we should striving for a tax system which is simple, transparent and most importantly, isn't for sale. Why a politician can institute, remove or change anything in taxation to get elected is beyond me.