Financial commentator Carol Roth recently shared her views on taxation during an episode of "The Alex Marlow Show," hosted by Breitbart News Editor-in-Chief Alex Marlow. Roth, a contributor for PragerU, made a striking comparison, saying that taxation feels like holding American taxpayers “at gunpoint.” She pointed out that the U.S. government collects more in taxes each year than the combined GDP of every country in the world, except for the U.S. and China.
During the podcast, Roth expressed her appreciation for PragerU, highlighting how the organization simplifies complex economic concepts so that everyone, including children, can understand them. She recently created a video for PragerU titled “The Government Doesn’t Make Money—You Do,” which is part of their “5-Minute Videos” series. This series aims to clarify significant issues in a straightforward way.
Marlow echoed Roth’s sentiments, stating that PragerU fills a crucial gap by providing foundational knowledge on various topics. He emphasized that understanding the basics is essential for forming informed opinions and strategies. Roth discussed how taxation is essentially the government taking wealth from productive citizens and redistributing it. She noted that many people mistakenly believe the government generates its own money, when in reality, it relies on taxpayers’ earnings.
Roth further explained that even when the government prints money, it still diminishes the productivity of individuals. She likened the government’s financial behavior to that of a relative who repeatedly asks for money, only to squander it and return for more. This analogy illustrates her view of government spending habits.
Marlow praised Roth for sharing powerful statistics in her video. He highlighted the staggering fact that the U.S. government confiscates more from its citizens than the GDP of all countries besides the U.S. and China. Roth agreed, calling the situation “completely unacceptable.” She clarified that when people hear about the government collecting trillions in revenue, it’s essential to understand the context of those numbers. She pointed out that the U.S. spends significantly more than it collects, leading to a budget deficit comparable to wartime spending.
Roth concluded that providing relatable context around taxation helps people grasp its implications. This understanding is crucial for discussions about what steps should be taken regarding government finances.
Listeners can find Roth’s insights and the full discussion on "The Alex Marlow Show" available on various platforms, including Spotify and Apple Podcasts.