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Jan. 28, 2025 - Louder with Crowder
57:49
Trump's DeepSeek AI Warning Explained & His Quest to Eliminate Income Tax
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Time Text
They don't understand.
Donald Trump isn't a means.
Because getting them to go back is as easy as it seems.
Click Rumble Premium and join now for $99 annually or $9.99 a month to get the entirely ad-free experience and exclusive content from Lotto with Crowder Network.
Nick DiPaolo, Mr. Guns N' Gear, Donald Trump Jr., and an ever-expanding roster of content, creators, and free speech.
We'll be right back.
Hmm.
Glad to be with you.
It's Tuesday, January 28th.
I don't know why I said that.
I never said that.
You don't need the date.
Wow.
Bring up the rundown.
A lot to get to.
Really looking forward to Jim Acosta retiring.
He's done.
Fired.
Time to close for him.
We've been building this one for a long time.
We're going to be talking about DeepSeek AI. I know it's one of those topics that can seem a little bit convoluted.
It's hard for people to understand because it's hyperly technical, but let me make it really clear.
The Chinese are telling the truth.
Then this would be the first time they have out-innovated the United States in the history of modern civilization.
And if they are lying, they've pulled the wool over the eyes of, again, Western civilization.
Then either way, you end up the choose-your-own-path and China bad.
Also, we're going to be discussing the abolishing of the federal income tax.
Seems like Donald Trump, well, he said it.
We don't know if there's an official proposal.
And again, the experts have been wrong.
They've told you, well, there's no way to do it.
By the way, myself, right off the bat, admonish me.
Admonish me.
Okay.
Because I have said in the past, I don't know that we could...
Admonish.
Well, we might need another admonish, too, in a minute.
I'll give you...
Don't be a pervert about it.
I don't...
You know, I've said in the past, I don't know that we can do it practically.
And I will tell you this, and you can comment below.
I'm not ashamed to say this.
Maybe a little bit.
President Trump has inspired me in some ways that I didn't expect, where I kind of think we could abolish the federal income tax.
And I'll get to that.
You guys comment below if you think so.
And because we'll be talking a lot about the Chinese they know dumb, at some point today, if you're watching on YouTube, you may see this.
We'll head on over to Rumble.
It's a live show weekdays, 10 a.m.
Eastern, even on...
Friday.
Let's get on with the strategy.
Captain Morgan, CEO. I have to admonish you really quickly.
The Chinese have out-innovated us before, just never in the AI. What are you going to say, fireworks?
No, the noodle.
The noodle.
Light the Brain gave me a note before I came in, and he's like, hey, make sure you say it's in AI, because they have done some things before.
I don't know what they are.
This is where you pull a Sam.
No, I don't.
We don't know.
This is where you pull a Sam.
Well, you're saying the Chinese have invented a lot.
Name what?
I do like that.
Lane, give me a list.
Street food.
There you go.
Boiled sewer rat in human excrement.
Tiny lanterns.
Tiny feet.
Tiny feet get me hard as bamboo shoot.
Solar is one of them.
Solar and self-driving cars, he said.
Shut up, your wife have big fat feet.
Not tiny like my wife.
Smallest foot in the land.
Belly walk.
She wore ten chicken.
Now, Josh Feierstein is here, of course, as well.
And let's go straight to this Detroit rapper.
And start going the other direction from China.
Detroit rapper.
I mean, the Chinese can't even get their, they can't wrap their head around.
They don't understand this.
What you are about to watch is upset.
And I believe suing, because this is an infraction, a violation of basic fundamental human rights.
The human right, you wonder in question, is the right, To lift, even if you can't be lifted.
The kicker part was when he started to talk about his tires.
You know, I feel like that was a slap in the face.
That was like my tires, you know, like.
The driver said his tires could not handle her weight.
Every big person you turn down because they can't fit in your car?
Yeah, because they need to order the Uber XL.
No, I don't ever have to order an Uber XL.
He apologized, canceled the line, and left her there.
She can't stand in front of them.
It's a full-size shirt actually.
She's crushed?
It really hurt my feelings.
It hurt his shocks.
I knew it was illegal and I knew that it was wrong.
Her attorneys, John Marco and Zach Runyon, say Woody is a protected characteristic in Michigan by law.
It would be no different than a driver pulling up and saying, you know, I don't want to have black people in my car or I don't want to have Christians in my car or Muslims in my car.
It's the same under the law.
People with wet hair.
The lawsuit is filed.
Since she posted the encounter on social media, other full-figured folks have reached out to me.
Full-figured folks.
I can fit in this car.
No, believe me.
I really want people to see, like, what we go through as busy people.
That's a huge bitch!
Well, first off, you're not going through anything.
Maybe over or under or side, Waddle.
And I know what you're saying.
Did you see that water fountain was an obstacle for her?
And by the way, for those of you who are concerned, don't worry.
Of course, she did find a ride home.
Free!
I'm starving!
Free DeMoss.
You're not supposed to eat DeMoss.
She's eaten a lot of DeMoss.
This is not the same as someone who is overweight trying to lose weight, to be clear.
I've never just made fun of someone for being fat once, just a stranger, I should say, of course, but you know, in my family.
Myself included.
I mean, I fancy myself in the mirror all the time.
But this is about someone who wants society to fundamentally reshift their perceptions because she's perfect.
She doesn't want to look inward, which I know probably would need a sigmoidoscope.
I wouldn't say perfect.
I think she's still trying to get to her goal weight.
Yeah.
She's 500 pounds.
Well...
I'm not making that up.
You can't get on my 600-pound life being 500 pounds.
Exactly.
You know what you are, DeMoss?
You're a quitter.
Yep.
Absolutely.
And for those who aren't necessarily familiar with this person, here's DeMoss rapping in a car.
The song No Love, which is no surprise.
Ah, fat. fat.
And perpetuating the racial stereotype.
Lovely.
Don't you love the shadowboxing?
Is T-Rex armed?
Yo, I'll throw my jack!
That's my jab, and that's my hook!
Up, I got up, I got left, right!
Ah!
You hear a squeaking sound?
Slayer of Honda Civics everywhere.
Her new rap name is Two Belts.
The entire Uber fleet is just going, HOLD! Hardest working heart.
You need Uber XL! XXL, baby!
Gosh, this is so bad.
And she's suing.
You need Uber bus.
You need Uber timeshare.
Uber helicopter whistling.
Look, look.
If this person loses weight, good for her.
The truth is, I hope that this person does.
Is it funny?
Yes.
I can only imagine the cost for those tattoos, considering the size of the canvas.
Now, it is...
We need somebody with an Olympic gun.
Shooter!
That's just like those clowns outside with the bubblegum guns.
I was thinking more like a tranquilizer, but it shoots those out.
Yeah, me too.
Shoots GLP one.
All right.
We've got a big one.
We have a lot to get to.
We're going to get into deep seek and the federal income tax.
We're going to do away with it.
But first, Jim Acosta.
And right now he is on CNN. Ah!
Ah!
Look at that!
Bring it up full screen.
When I do that, you bring it up full screen, guys.
Ah!
Ah, now they're in a small box.
Yeah.
That is a sitting congresswoman.
Yeah, I know.
I know.
More of a leering congresswoman.
More of a stooped...
Look, she sits there like an owl.
Like, how many licks to the center?
Oh, my goodness.
I'm a guardian of Cahool.
That's the oldest Hot Topic employee I've ever seen.
She looks like she works at a hot flash topic.
How do you feel about Helena Bonham Carter?
That was good.
Yeah.
Boy.
I'd rather be not looking into the looking glass with that one.
That's like if Dame Edna hated her father.
His.
This is Jim Acosta's last day.
I'm just letting you know that it's live.
And he chose this guest.
Yes, he did.
He did.
Well, he wants to go out on a freak note.
So, the news came that Jim Acosta was going to be bumping him from the 10 a.m.
slot to midnight, which some people think, you know, is actually a promotion.
And by some people, I mean no one.
It's late night.
Yes.
Yes, it's late night on cable news.
Right next to the cleanse infomercial.
Go poop every day!
If you don't poop, you'll feel bloated, sluggish, uncomfortable.
Remember that guy?
Yeah, I do.
Just found a way to make money.
Selling lax for him.
So some people say that he was fired and some people believe that he quit because his ego, which is, by the way, taken an absolute piping these last few years.
They believe that he quit.
Either way, this has been a long time coming.
Mr. Jim Acosta, a worthy adversary.
It's time to close.
On the Russia investigation, are you concerned that you may have indictments?
I'm not concerned about anything with the Russian investigation because it's a hoax.
That's enough.
Put down the mic.
Time to close.
Endings and beginnings are ending and beginning now.
Go ahead.
She's asking a question.
Don't be rude.
Don't be rude.
Can you give us a question?
Don't be rude.
I'm not going to give you a question.
I'm not going to give you a question.
Can you stay categorically?
You are fake news.
Sir, go ahead.
Since you attacked CNN, can I ask you a question?
John Roberts, go ahead.
Can I ask you a question?
No, no.
John Roberts, go ahead.
CNN's fake news.
I don't take questions.
That's not an invasion.
Honestly, I think you should let me run the country.
You run CNN. And if you did it well, your ratings...
If I may ask one other question, are you worried?
That's enough.
Time to close.
Endings and beginnings are ending and beginning now.
Are you saying that the president...
You've got to let me finish, Jim.
This isn't a cable news segment.
I'm answering your question right now from the White House podium.
President Trump will be here later on tonight campaigning for the man who wants to be the governor of South Carolina for another four years.
That is Henry McMaster.
And as you can hear behind me, Wolf, the crowd is very fouled up.
We have about a couple thousand people in this room so far.
They are letting the press corps here know exactly how they feel about what we're doing here.
Time to close.
Endings and beginnings are ending and beginning now.
That's enough.
Put down the mic.
Mr. President, are you worried about indictments coming down in this investigation?
Wolf, just to give you a sense as to what's happening right now.
You can hear there is a chorus of boos and other chants from this Trump crowd here in Tampa, Florida.
They're saying things like CNN sucks, go home, and fake news.
Well, obviously, all of those things are false.
This is CNN. This is the news.
We are asking you to come on and tell the truth.
And that's why more people are watching the Cartoon Network Spongebob reruns right now, Jim.
I'll tell you what, CNN should be ashamed of itself having you working for them.
You are a rude, terrible person.
You shouldn't be working for CNN. I know that it's time for things to close.
I know that it's time for things to close.
By the way, I cheated.
I did it with my lips because I can't actually do it in my palm.
I couldn't either.
I was never able to do it.
I also can't whistle like this.
Oh, man.
Let me try it.
Put my fingers in there.
Oh, come on.
Don't threaten me.
All right.
By the way, CNN is already reporting that things are improving, as President Trump stated last night.
They say it was the greatest week, opening week, in presidential history.
And I think, you know, it could be a hell of a lot better.
Even CNN is saying, this guy is amazing.
I couldn't believe it.
I said, did CNN really say that?
Because nobody watches, so nobody was able to do it.
You lean in because you think, oh, he's big now.
I'm so glad that Levity is back.
I know!
And insults.
It works.
Hey.
It's like when the bully stopped growing.
Yeah.
And you came back the next year and you just kick his ass.
Yes, exactly.
Hey!
Remember me?
There once was a man from Nanta.
Bang!
Who's the pizza face now?
Accutane!
That's very expensive.
No.
It is, yeah.
Hey, you know what?
Before we move on, because we get to have a, not only when you see the undercover stories, not only when you see all of the election stories that we covered that changed the face of modern media, we get to have a lot of fun here and discuss whatever it is that we want, provide references to you.
And we provide you a whole lot more if you're a Rumble Premium member.
Mug Club is Rumble Premium.
Rumble Premium is Mug Club.
You now get access to the entire network, Rumble Premium, as well as the entire experience ad-free.
So $99 a month, sorry, $99 a year, or you can try it for $99 a month, but you don't get the mug because that wouldn't even be cost-landed.
Nope.
All right.
Someone...
Ooh.
Oh, and download the app.
Download the app.
That's the best way to do it.
There's no way that they can break up the communication between you and whatever.
Now, Deep Seek AI. Everyone is talking about this.
It involves the Chinese.
That's correct.
I'm just kidding.
And as you well know, the Chinese are up to something.
They're always up to something, and it's usually not good.
So.
This story may seem a little bit complicated, and it is for me as well, because obviously I don't work in tech.
I don't fully understand the inner workings of AI. But let me just give you a little bit of a recap here.
So since ChatGPT dropped in 2022, AI has actually helped increase the market cap of the top seven tech companies by $10 trillion.
And so when you talk about wealth transfer, and just to be clear, I don't care about so much the wealth gap.
I care about poverty.
But that's in a traditional free enterprise sense.
You really are kind of looking at a tech oligarchy to some extent now, especially when they receive favors or favorable treatment from the government.
So the companies include Alphabet, which is Google, YouTube, Amazon, Meta, Apple, NVIDIA. $10 trillion.
Now there's a new Chinese company, DeepSeek, and they're what they used to call a disruptor.
Remember when that used to be the tech pitch?
Well, we're going to disrupt toothbrushes.
I didn't think any disrupting.
So, here's the thing.
Either they are telling the truth, and they have just incredibly, at a rapid pace, surpassed what these giant companies have been able to do.
In which case, it's the first time, certainly in the technological arms race, that the Chinese have out-innovated the Western world.
Which is concerning, especially considering their alliances and, of course, their never-ending allegiance to communism.
Or, if they're being dishonest, which some suspect, and they've pulled the wool over our eyes, and that means that the Chinese have been powerful enough to crash the markets, and again, all paths lead to, we have to be concerned with An adversarial government like the Chinese.
Does that make sense?
And which one do you think is more concerning?
That they have actually developed this technology or that they have been misleading and it's affected markets and had this kind of a ripple?
Comment below.
I'll give you mine at the end of this.
So here is President Donald Trump addressing DeepSeek just last night.
The release of DeepSeek AI from a Chinese company should be a wake-up call for our industries that we need to be laser-focused on competing to win, because we have the greatest scientists in the world, even...
Even Chinese leadership told me that.
They said, you have the most brilliant scientists in the world in Seattle and various places.
But Silicon Valley, they said, there's nobody like those people.
This is very unusual when you hear a deep seek, when you hear somebody come up with something.
We always have the ideas.
We're always first.
So I would say...
That's a positive.
That could be very much a positive development.
So instead of spending billions and billions, you'll spend less and you'll come up with hopefully the same solution.
And that part is true, by the way.
I do think, look, if this is the truth, if they have developed this at a much lower expense, then you'll have the competitors here in the States or, you know, Western world.
They'll be able to do that relatively soon because people are able to catch up with each other in this sector.
And that would be a net positive for the consumer if that's the case.
Okay.
Or at least there can be an argument to be made.
But let's get into what is DeepSeek and how this affects everyone out there and what the concerns are.
So DeepSeek, Chinese AI startup, right?
They're based in, I think, Hangzhou.
I hope I have that.
You did pretty good.
Pretty good.
We call it Hangzhou here in the United States.
So it was founded in 2023 by a quant hedge fund manager, Liang Wenfang.
To be clear?
And look, I do wonder, too, before, you know, we always wondered how the Chinese AI works, and so we wanted to, I wanted to try it here.
Yeah, we've been kicking the tires on it, and I loaded it in the system, if you want.
Oh, cool.
Oh, really?
Okay, well, let's try it out.
Hey, chat CCP, where's the best spot to vacation?
China is number one place to visit.
Beijing has much to offer, much to see and do.
It is beautiful and big.
Like Xi Jinping penis.
Big, big penis.
Unlike Gerald.
What?
Why are you picking on me?
Hey, big guy.
How it feel to have less of a college football career record than Rudy?
Do less than Rudy.
You have all the negative to be athlete, but you fail.
Ask Chinese AI best Notre Dame players.
You're not on it.
It's very long.
Like she's in pink penis.
Okay, I see the propaganda direction that this is going.
It's going to be continuing.
Oh, he talks.
The funny man.
I see funnier joke in fortune cookie.
I have one here.
It say you suck.
Hey, that's harsh, man.
Oh, hold on.
Let me see what your fortune say.
No, wait, I can't.
You eat them all.
Oh!
Fat men eat old cookie and now can't see penis.
That's natural.
Not like Xi Jinping.
Very big.
Okay, that's enough.
We knew...
Are you kidding me?
We knew that it was going to be pushing an agenda, and now I think, you know, it's removed all doubt.
I didn't think it'd be so rude.
Yeah.
Yeah, I did.
I'm not surprised.
I didn't think it'd be so blatant, so on the nose.
I can see it a lot.
Yeah, yeah, yeah.
It knows me so well.
Oh, yeah.
Xi Jinping's?
Yeah, you can see it from his face.
Ah, mine too.
Now, let's get into the next key bit of information here.
What did DeepSeek accomplish?
And this is kind of where we see the ripple effect.
Let me give you the timeline.
January 10th, DeepSeek released the chatbot on the App Store.
Went to number one.
People are saying that it rivals ChatGPT's abilities.
And they claim, DeepSeek, that they trained their AI for just $5.6 million.
To give you an idea, ChatGPT4 alone, it cost $100 million to train it.
Massive.
That seems suspicious.
That would be a huge, obviously.
95% reduction?
Yes, exactly.
Any other business, if that's the case, okay.
You pretty much just went out of business unless you can do the exact same thing.
It brings us to the next question that everybody is asking, right?
Is DeepSeek telling the truth?
Yeah, this is, I think, the biggest question right now in the markets.
It's why NVIDIA is up a little bit today and people are like, wait a minute, hold on.
Yes, and did they violate export controls?
And again, a consequence here is if They did actually do this.
If they did violate export controls, that means it's not working.
That means the United States, the rules that we have in place aren't working.
So there needs to be a change either way.
So this weekend, actually, the Scale AI founder, Alexander Wang, told CNBC that DeepSeek actually did use 50,000 NVIDIA, which would violate our export controls, H100 CPUs.
You know, the Chinese labs, they have more H100s than people think.
And these are the highest-powered NVIDIA chips that they were not supposed to have.
Yes.
My understanding is that...
Is that DeepSeek has about 50,000 H100s, which they can't talk about, obviously, because it is against the export controls that the United States has put in place.
And I think it is true that, you know, I think they have more chips than other people expect, but also, on a go-forward basis, they are going to be limited by the chip controls and the export controls that we have in place.
And Elon Musk, obviously, in this space, in the know, he responded to that video on X saying, obviously.
Just to give you some perspective.
So they say 50,000 of these.
It costs, I think, around a billion dollars, plus or minus, for them to procure that.
I think that's the number that research gave me.
If that's wrong, let me know.
And X, so X is AI program that they have, so it's just XAI, I think is what they call it.
They used about 100. Grok.
Grok is the chat app, the chat bot for that.
It's XAI overall.
They used about 100,000 of those H-100s.
And we know for sure that this company has used and has NVIDIA chips, there's just other chips that they're able to use that aren't quite as prolific speed-wise.
It'd be miles difference.
So they're not supposed to have the H100s.
That's a major, major problem if they do.
Well, NVIDIA actually made a statement yesterday, and they said that the chips DeepSeq were using, that they were actually fully export compliant.
Well, that's the chips that they know about them using.
So we know that NVIDIA has sold them chips that are export compliant, the H100s.
Do not fit in that category, and certainly NVIDIA's not going to come out and be like, yeah, we did it!
Right, exactly.
So it seems that there could be quite a few people who have maybe ulterior motives here, which again is very scary when you understand a $10 trillion, sorry, $7 trillion?
$7 or $10 trillion?
It was $7 trillion.
Was it $10?
Yeah, I thought a $10 trillion loss.
No, no, no, a $10 trillion increase in market cap, right?
Yeah.
Hold on, let me make sure I have this right.
Seven different companies.
Seven different companies, $10 trillion increase in market cap.
I want to make sure that I have that correct.
That is really scary when you understand that people could potentially be colluding.
Right, exactly.
And there's another reason that people think maybe DeepSeek is not telling the truth.
Huawei came out at one point and said, I think last year they lied about developing their own chips that were better than the other chips in Taiwan, and it turns out they just used the...
Taiwan chips.
Yes.
So this is something that's happened before.
This is like kind of corporate espionage, essentially.
Yes.
And there's another reason to suspect that they're lying.
Because they're Chinese.
Yeah, that's kind of a thing they do.
It's kind of a thing they do as it relates to international trade.
See if this is true.
That's true.
That's a long gong.
Again, what could this...
What could this...
Is it just me?
I'm hearing people go nuts out there.
Hammering!
Hey, Johnny Boy, make sure that if Joe Lewis has to go to the bathroom, he doesn't have an accent.
He's going to be a little bit sick.
A little bit.
If Deep Secure is telling the truth, it means that suppliers of chips and energy just became a whole lot less valuable overnight.
Overnight.
And I know, look, people separate themselves from the stock market quite a bit, and I do believe that income, obviously, and cash is king for most of you.
But if you have 401ks, if you have investment portfolios, this does have an impact not only on you, but the economy at large.
So to give you an idea, Nvidia, their market cap dropped by $600 billion.
Yesterday.
Yesterday.
In addition to that, natural gas, pipelines, power plants, coal, uranium shares, they all fell.
Yeah.
They all fell.
And if DeepSeek is lying, it means that United States export controls are failing, and it means that the markets are responding to a lie.
And that's a really, really scary thought, isn't it?
Well, they can manipulate the markets.
And so it's not corporate espionage, necessarily, like subterfuge.
I don't know what it is, but it's lying to the public, basically, knowing that it's going to tank these other companies.
Yep.
And maybe give you a bit of an advantage, at least perceived advantage to the world.
And I think, look, the reason this is pretty important is because in my lifetime, I was always told, comment below if you remember this, everyone before Donald Trump would talk about how the next great superpower is going to be China.
Donald Trump, he was the first president to ever point out that they were a paper tiger.
It seemed like it was inevitable before Donald Trump.
He was the first person to point out the threat that is China.
And in this case, whoever wins in this AI battle between the USA, China, they're going to have a huge advantage as it relates to military power, controlling information, economic growth.
Really, at that point, the only question is, how much should it all cost?
Hey, Firestein.
I found your fortune cookie.
Rocky number on back is 38. No way that's the age you will die.
Oh.
What that's like?
Die very young.
Oh.
That's like three years from now.
Yeah, that's...
Running diagnostic on people in studio.
Crowder.
Corridor is high.
Stress marker high.
Cardiovascular system overloaded.
Tim, are you messing with us?
Is this you doing this right now?
No, not at all.
This has got to be...
Oh, Tim!
They call you Tool Man 10. Is that because of what's in your nightstand?
There's nothing in my nightstand.
That's your tool noise.
In your ass.
Wow.
Alright.
You got tool for your ass.
Come on.
That's inappropriate.
Gerald.
You'll have AIDS. Pull the plug, guys.
Cool man may have a little stool.
No, no, no, no, no, no, no.
At least it's a little accurate.
Wow!
That's obnoxious.
Yeah, I don't want to...
Here, I don't know...
Sort of getting away from the markets and international law, I just don't like his tone.
No, he's kind of mean.
A little invasive, too.
I think deep CKI has a lot of growing up to do.
How did he get in your bedroom, Tim?
Well, I did download the app the other night, so...
And by the way, you guys should download the Rumble app.
Download the Rumble app if you are subscribed here.
It's the best way to keep in touch.
It only notifies you if we are live, because Rumble owns Live.
Let's go to the...
No closing statement yet from Jim Acosta?
Not yet.
He's still rolling.
Let's go to the federal income tax.
All right.
Let me ask you this.
Because, you know, you had the Libertarians for a long time.
I would always yell, like, you know, income tax is theft.
And I understand, and I agree.
But you've got to bring quite a bit more to the table than that.
And you've heard things like the flat tax, you've heard of the fair tax, right?
There were different approaches, but certainly there have been proposed solutions in the face of this, what I would argue historically is a radical progressive tax.
And there's a reason that we have a radical progressive tax.
And that, of course, comes from the left, and it really goes back to something that Karl Marx supported.
So I want to be really clear about the fact that historically, and we'll get into the history, we haven't always had an income tax.
And where we are right now is actually more unprecedented than what we had historically.
Like, this is actually sort of the outlier right now.
So practically, you think we can get rid of it?
For a period of time, I thought, no, politically, you're not going to necessarily be doing that.
And here's something I really want to point out.
This conversation has been going on for a long time.
This proposal, talking about this publicly, is the kind of proposal that could only happen in a Trump second term.
A guy who does not care.
As to what people think of him, who does not care, that most people would say, hey, this is political suicide.
Let me tell you why.
40% of U.S. households, they don't pay any federal income tax.
So for anyone to go out and say, hey, maybe we should do away with federal income tax, they're not going to gain votes.
They really only stand to lose quite a few votes, to be clear.
At least 40%, almost guaranteed.
That means that he thinks it's the right thing to do.
Yes, Noodles.
I just wanted to correct it.
It was only 40% pay income tax.
Only 40% pay federal income tax?
It says we'll pay no federal income tax.
No, no.
It's only 40% pay no federal income tax.
How dare you?
Yeah, and it used to be 47%.
Remember, that was Mitt Romney's political suicide.
To give you an idea, in his campaigning, remember Mitt Romney said 47%?
Well, how are you going to talk to 47% of Americans who pay no federal income tax?
Everyone said, I can't believe that he said this.
It was a huge blunder.
That number's now 40%, and Donald Trump is saying, not in a secret video on the campaign trail, he's saying publicly, you know what?
Maybe it's time to do away with the federal income tax.
And he's making the case for it.
Again, you may not like it, but I don't know that I ever thought we'd see a president say this in our lifetime.
It's time for the United States to return to the system that made us richer and more powerful than ever before.
Do you know, the United States in 1870 to 1913, all tariffs, and that was the richest period in the history of the United States, relatively speaking.
Teddy Roosevelt was a beneficiary because when McKinley was killed, he took over this vast sum of money and he did all of those national parks and all of the other things.
And I'm not knocking him, but...
He was given a vast amount of money, and that was all made through tariffs.
We had no income tax.
The income tax came in in 1913. As I said in my speech last week, instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens.
Does that make sense, right?
Well, it does make sense, and you'll have all the experts saying that it's not possible.
So we're going to go through the case here historically and pragmatically if it's something we can do today.
What is the federal income tax?
How can we get rid of it?
What are you doing, Josh?
Shredding my W-2s.
Trump said there's no income tax.
Okay, but that's not actually, that's not how it works, Josh.
Well, I have yours too, don't worry.
No, that's not.
Can you just stop?
We're in the middle of a live show.
And the no tax thing is still going.
No, it's not a thing yet.
You still have to file that.
You still have to file your taxes.
Okay.
Oh, all right.
It's still going.
Yeah.
Well, that's not a great approach.
That's why you should get Tax Network USA. Oh, do you think they can help me with the shredding?
No, I don't think they can help you with that.
I have a lot of them.
They may not work for you, but they'll work for people watching here who are, you know.
Basically responsible.
Go to TNUSA.com slash Crowder or call 1-800-958-1000.
That's 1-800-958-1000 and they'll actually help you out because no one likes dealing with taxes and the IRS. Just do it.
Alright, well no problem, dog.
I'll finish this later.
No, you will not.
You can also go to TNUSA.com slash Crowder.
History of the income tax.
By the way, let's not have a budget for so many shredders.
Gerald.
Why?
This is my personal shredder.
I brought it from home.
That's not true.
Finnegan keeps breaking them.
That is true.
He keeps putting cigarettes in them.
That's not where they go, Finnegan.
Well, where else do they go?
So, you have a lot of people out there who think, well, we've always had the federal income tax.
And we also are dealing with the problem here of mob rule, which is the problem with a pure democracy, right?
Where 40% of people who don't pay any federal income tax, they're always, typically, going to vote for the 60% to pay more.
Yes.
So that's a problem.
It doesn't mean that it's right.
For example, you can have enough people who vote to keep slavery because they have slaves.
It doesn't mean that it's right.
And I would also argue that taking money from someone else, especially income that they have worked to earn, that can arguably be a form of indentured servitude.
So let's go to this people start off with, well, this is just, come on, you'd be changing.
History?
Precedent?
Actually, no.
So, before the Civil War, we didn't have federal income tax.
The federal government, they basically relied on what Donald Trump just talked about.
Tariffs, excise taxes, for most of their revenue.
Let me give you a brief history lesson here.
In 1861, the first federal income tax came to be to fund the Civil War.
Government started the first federal income tax.
It was supposed to be a temporary measure, and the rate was like 3%.
On incomes, approximately.
That's what we were looking at back then.
Then in 1872, it was repealed.
This is what I believe Donald Trump was referring to there.
In 1895, the Supreme Court struck down the federal income tax as unconstitutional.
The case, we have the reference there, is Pollock v.
Farmer Loan and Trust Company.
Again, all references available.
Link in the description.
I'm just giving you the ins and outs of history.
So if someone tells you, I want you to be prepared.
Whoa, whoa, whoa, come on.
You're going to say we do away with the income tax?
Well, for a huge portion of the history of this country, we did not have it.
And if you're talking about precedent, the Supreme Court said it is unconstitutional.
Because it was unconstitutional.
Exactly.
That happened.
Then in 1913, the 16th Amendment.
It's ratified to overcome that Supreme Court decision.
So then, Congress, they immediately passed the Revenue Act of 1913, and it basically established a permanent federal income tax.
The rates were anywhere from 1% to 7%.
So in other words, even when they're going, okay, we're going to do this to try and bypass and basically render the Supreme Court moot on this point.
All right, guys, we're all on board with the federal income tax, and that means they had a meeting.
That means they had a meeting.
At that point, it was radical.
And they proposed a rate.
And someone said, uh, I don't know, 8%?
And they said, no!
Are you out of your mind, sir?
We're not animals.
We are civilized.
let's say 1 to 7 percent i'll have to find the quote for this but that was an argument used they said at some point maybe they're saying that he would be even possibly 10 percent of your income and that is a lie to get you not to vote for this right exactly it's way higher i don't know who said it but it was a quote that i came across i was like holy crap just like there was the same argument when uh you know women got the right to vote and there was some guy like you know if you will give them the right to vote i guarantee you their first act will be to ban liquor they were like shut up reginald then four months later
well Me!
Very first thing.
Now, from 1917 to 1945, of course, the tax rates, income tax rates, they just ballooned to fund, you know, world wars.
So in World War I, the top marginal tax rate reached about 77%.
World War II, the top marginal tax rate reached 94%.
Now, I know that's why Bernie Sanders supports 50% income tax.
To be fair, very few people were actually paying those rates because of all the loopholes.
Yes, but nobody should pay those rates.
Nobody should ever pay those rates.
Zero people should pay those rates.
Zero people ever could pay.
You're saying I'll get to keep 6% of my money?
Exactly.
Lucky me.
And the left act as though you live in an alternate reality.
You live in the reality where someone continues to work to earn 6 cents on every dollar.
Ugh.
No.
So then we saw, you know, what people call, like, the first wave of fascism.
You know, Ronald Reagan, 1986, the Tax Reform Act, which I know some people, they hear the faint sound of Hitler in the distance.
I hear the marching.
Yeah.
He wanted to simplify the tax code, so he lowered the top rate from 50% to 28%.
Reduced the number of tax brackets as well to try and simplify it.
This brings us to today.
Federal income tax rates anywhere from 10% to 37%.
That's wrong.
I'm sorry.
Federal income tax rates are anywhere between 0% and 37%.
That's true.
That's right.
40% of people who enjoy the 0% tax bracket right now.
40% of people pay 0%.
The rest of you, 60% pay 10% to 37%.
If you live in California with a state tax, you're basically paying half of every dollar once you reach that rate.
I only pay 4%.
Don't tell.
Good for you.
And don't tell.
You shouldn't say that on air.
Now, because now people know.
You really will need Text Network USA. Call now.
So let me give you a number here.
The annual federal income tax, it amounts to, when you take all of it collected, to $2.2 trillion.
That is half of all the annual revenue collected by the federal government, meaning half of all the money, and it's not nearly enough because, of course, we have an incredible deficit, is your income tax.
So, this brings us to, okay, do you guys feel like you have a briefer there?
How Could we potentially abolish the income tax?
Can it be done?
The answer is yes.
Will it be done?
I don't know.
But here's an option.
And no one ever thinks of this?
Just stay with me here.
It's a twist.
Spend less.
So if the government spends a little bit less...
Doesn't make sense.
Maybe they wouldn't have to take your money at force, at gunpoint.
Let me give you some examples here.
The biggest cost that we have here in government, like Medicare, Medicaid, other healthcare programs, $1.73 trillion.
Well, that's almost enough right there.
Yeah, right there.
Social Security, $1.35 trillion.
And the benefits, by the way, begin at the age of 65. Let me give you an example as to why.
Because life expectancy was far lower when Social Security initially passed.
Men were 58 years old.
Today they go to 75. Women were 62 years old.
Today they go to 8 years old.
80 years old.
Right old age of 8. That's just a bunch of New Year's babies dying.
Now, we can either raise the age...
Or change Social Security.
The reason that nobody wants to address this is because you have a lot of people going, well, I paid in!
Well, sure, but you're being paid out some money that isn't there.
At some point, there's going to need to be some kind of reform.
Especially when you also look at the ratio of retirees per worker.
You can go back to a video I did in 2010 talking about that.
Let's continue.
Military defense.
The budget is $820 billion.
Income security is what they call it.
That's $775 billion.
That would include things like SNAP, housing assistance, unemployment benefits.
So here's the thing.
If you actually spent less money and you took less money from people, the argument can be made.
Of course, you'll find experts to line up on CNN who will tell you that those experts are wrong.
Many of the other experts, not them.
You'd have a better economy because there'd be more money to go around and you would have more jobs, which...
By the way, could reduce our deficit naturally, because we could actually, there's actually a point where you could increase revenue by allowing people to keep more of their own money, and at the same time, that revenue isn't being taken by force, but being used when you spend your money.
Let's go to another key line item.
Interest on debt?
$658 billion.
I know, crazy idea.
Potential solution.
And it's just me, Mr. Reductive.
Stop borrowing so much.
Put the credit card down.
The interest on the debt is $658 billion.
That's not something that even creates any value.
It's basically a punishment.
That's almost as much as the federal government loses to fraud every year.
Yeah, exactly.
That's another thing.
Was it $250 to $500 billion a year?
On average.
Unaccounted for.
No idea where it went.
It's a wide range.
Okay, pause.
We're going to go to option two on the income tax in a second.
Jim Acosta, live historical moment.
And after giving all of this some careful consideration and weighing an alternative time slot CNN offered me, I've decided to move on.
I am grateful to CNN for the nearly 18 years I've spent here doing the news.
People often ask me if the highlight of my career at CNN was at the White House covering Donald Trump.
Actually, no.
That moment came here when I covered former President Barack Obama's trip to Cuba in 2016 and had the chance to question the dictator there, Raul Castro, about the island's political prisoners.
As the son of a Cuban refugee, I took home this lesson.
It is never a good time to bow down to a tyrant.
I have always believed it's the job of the press to hold power to account.
Barack Obama literally stood in front of a portrait of Che.
Mission Control, bring that up, who was a tyrant.
One final message.
I suck.
Don't give in to the lies.
Don't give in to the fear.
That's why you're being fired.
Hold on to the truth and to hope.
Even if you have to get out your phone, record that message.
I will not give in to the lies.
I will not give in to the fear.
Post it on your social media so people can hear from you, too.
And tag me.
I'll have more to say about my plans in the coming days, but until then, I want to thank all of you for tuning in.
It has been an honor to be welcomed into your home for all these years.
That's the news.
Here's the thing.
Reporting from Washington, I'm Jim Acosta.
You used that word welcomed.
You were not welcomed.
You were forced into people's homes.
No one ever said, oh, hold on, I've got to get home for Acosta.
That never happened.
Here's the picture.
Of Barack Obama in front of Che.
Yeah.
It's not a poster, Stephen.
It's a building.
It's a mural.
It's not even just a poster he accidentally was in front of.
It's a building.
It's almost like he planned to be there.
And by the way, Donald Trump, love Donald Trump, posted this about Jim Acosta on his social...
On Truth Social?
Yeah, let me read it.
Let me read it.
Here we go.
He said, Wow!
Really good news.
Jim Acosta, one of the worst and most dishonest reporters in journalistic history, folks, a major sleazebag, has been relegated by CNN fake news to the midnight hour, Death Valley, because of extraordinarily bad ratings and no talent.
Word is that he wants to quit.
And that would be even better.
Jim is a major loser who will fail no matter where he ends up.
Good luck, Jim!
Jim is a major loser who's going to fail no matter where he ends up.
Good luck, Jim!
How much you want to bet he tries to start a podcast and ends up like Don Lemon.
Oh, yeah, of course.
It's going to be called Almost Clooney.
Yes, yes.
This is why I always welcome...
It's funny, right?
You see all these actors and celebrities, they have podcasts, and some of them will get a viewership or a A listenership for, you know, a few weeks, and then people realize they're just not that interesting.
Like, people sort of realize, oh, wait a second, when they're not on corporate news with a prompter, they don't really have a lot of opinions by themselves.
Jim Acosta is going to try and...
He's going to be doing the cinnamon challenge on TikTok, or he's going to be planking, doing everything just a little bit late.
Welcome back to Acosta with Jim.
Yes.
Can we hire him to do that?
We've tried to hire these people before.
They just don't return our calls.
I think he's going to be going to MSNBC. Yes, exactly.
I did 18 years!
And Rachel Maddow will be like, Oh, change the haircut.
Only one of us can sport that.
Oh, come on.
She dyes it black.
I will not give in to the fear.
This is what they do.
I will not give in to the fear.
You!
Jim Acosta, you said Russia.
Yeah.
You said January 6th.
You said Hitler and tyrant.
You're the one who foments fear and hatred.
Whether it's summer of love.
Whether it's stop Asian hate until you found out who was committing it.
Whether it was Black Lives Matter.
Whether it's hands up, don't shoot.
Where hands weren't up, he was beating a cop.
That's the basis of all this.
Whether it was Saint George Floyd.
You were the one who sowed division and hatred in this country.
And the reason that people...
Like him are being fired.
And the reason they hate it, they can't stand it, is because the majority of Americans fundamentally disagree with him.
Now, including, by the way, Hispanic voters, especially Hispanic men.
He didn't see it coming.
This is the man who is guilty of everything he attempts to accuse you.
Voters like you and Donald Trump of being.
Exactly.
He said, don't give in to the lies.
Like, you were fired because you cost CNN millions of dollars because of your lying.
Yes!
Don't give in to the lies.
That's like a pedophile saying, hey, don't talk to strangers.
Yes, exactly.
What?
What?
Don't take candy.
Yeah.
Look both ways.
Yeah, well, look, Jim Acosta, all right, fine.
Hey, I hope he straightens up and flies right.
He won't.
No.
Also, I know that he just said he was a son of Cuban-American immigrants.
I'm surprised.
In which case, I guarantee you, your parents are ashamed of you.
Because they know what an actual dictator looks like.
Yes, they do.
They know what a dictator looks like because if they're here, they likely fled.
You know, the one on that mural, the one Barack Obama stood in front of with a hand over his heart, the one that Rage Against the Machine puts on their shirt.
You know, the guy who killed without trial and bragged about it before the UN, whether it was black, whether it was handicapped, whether it was gay, right?
That Che Guevara, that guy.
Yeah, your parents fled him only to see you in that country with the man you so admire standing up in front of a mural.
Donald Trump decided to put those sanctions back on Cuba because we don't play ball with tyrants and dictators.
But I know.
I know.
Donald Trump is the one who's fomenting fear.
Yes, noodles.
They sent in, apparently they goose-stepped there, too.
Yes.
That goes well.
There you go.
Fantastic.
And Barack Obama stood at attention.
He's like, how about you show a little bit of disrespect?
How about you just go, now, now, now, look, I get it, you put me in front of Che Guevara, but now when you're goose-stepping, I'm just gonna, I gotta take a lean, something, to let people know I don't support this.
But he did!
And you did!
Because you are communist sympathizers.
McCarthy was right!
Okay.
Remember when Castro was deporting Americans because they all wanted to go to Cuba?
Nope.
Nope.
I don't think they're exactly the same.
At least it means someone at CNN is getting things right, but Jim Acosta never will.
They're trying to get some stuff right.
People are so self-important.
They never want to look at themselves as potentially the problem.
No.
Maybe he will.
And not change.
You would think.
You would think after this they might go, wait, hold on a second.
We had none of us called it right.
As it related to Donald Trump 2016. And boy, were we wrong in this last election.
Popular vote.
I mean, it was basically a complete, clean sweep.
And whoa!
Hispanic voters?
They're supporting deportations?
Whoa!
Whoa!
We really thought the hatred that we were fermenting was working.
They're too deep into this.
This is exactly what I'm talking about.
Right now, there's a program.
We'll maybe talk about this in Mug Club a little bit, but federal grants are being paused.
This could affect everybody.
Kids won't be able to have food, and parents won't be able to go to the store with SNAP. If you read the order specifically, and we'll get into some details on it, it said...
President Trump has issued these executive orders targeting these areas.
If one of your areas is affected by this, then it's paused until we review it.
You have to review these and make sure that it doesn't go against the executive orders.
And what the media is running with right now, CNN has learned zero lessons.
Deportation stuff, making it seem like, oh my gosh, we're deporting just random U.S. citizens that happen to be caught up in these sweeps, and now this.
Donald Trump is pausing off at a rate.
People won't be able to eat.
That's what you're hearing.
I know.
Instead of getting into the details of this story.
So anyway, I'm sorry.
They don't learn lessons at all.
Let's go back to the income tax.
Yes, let's do that.
I guess this will probably cut for a clip later on, so we'll cut out the Jim Acosta part.
And my part.
I'm glad you guys are alive.
All right.
So option number one was to perhaps reduce spending.
Okay.
Radical.
Here's another.
Here's option number two.
Okay.
Fine.
Different ways other than stealing money to generate revenue.
Yeah.
I'm a forward thinker.
So, like, you know, people have always complained about this.
The VAT tax.
What's a VAT tax?
That's a value-added tax.
Yes!
So, a value-added tax is a tax that's assessed on the value being added to a product at different stages of production.
Basically, it means a consumption tax.
Basically, it means that if you pay no income tax, you'll end up paying some tax when you purchase goods, right?
When you consume products, goods, or services.
In that way, you have more choice.
Over the amount of taxes that you pay.
And if you're, for example, saving, it gives you the choice to save even more because it's not being taken out automatically.
Now, I know.
You have people on the left who'll say, actually, that tax disproportionately harms the poorest among us because, you know, they're basically only purchasing the daily consumables, the necessities, whereas wealthy people, you know, they have some luxury purchases, but it disproportionately affects those who are poor because it's a higher percentage of their income.
Okay?
I would tell you that the income tax disproportionately affects the middle class.
And by the way, lower middle class, middle class, upper middle class, all the way through the wealthy.
Because if they pay federal income tax, they're also still paying some kind of a sales tax.
And 40% of Americans don't pay anything.
It doesn't work.
I don't care what communists or socialists tell you.
It is not fair for a family making $60,000 a year.
To pay thousands of dollars in taxes and someone who doesn't work or contribute paying nothing while receiving benefits at the cost of said family.
We often act like it's just Jeff Bezos and someone working in the factory.
Well, newsflash, the person working in the factory is paying income tax.
But there are a lot of people in this country who don't pay any income tax.
And it's not Bezos, it's you.
Hey, let me ask you this.
Do you pay income tax?
If you are out of college, you're watching this, I bet you pay income tax.
You know, 40%?
In other words, go into a store.
Look around.
Almost half of those people don't go through the raping you have to endure every year of income tax.
But it's always the class warfare.
So, yeah, a consumption-based tax would allow you to have more control and choice over your own finances.
So you replace the income tax with a federal sales tax on some goods.
currently doesn't necessarily maybe exist.
It could theoretically be done, George, as a lawyer, he was talking about it under Article 1, Section 8 of the United States Constitution, which is also, if you read that, consumption-based.
Something else you could do, you could lease more federal lands for energy.
Energy companies pay the federal government to drill for resources, right?
You could charge them.
You could work within those taxes if you want to talk about people who can spare it while not hurting American worker, American middle class, even small American business owners, oil, coal, natural gas, renewables.
Of course, we get to the idea of tariffs.
Again, this is about how could you replace the income tax?
Trillions of dollars can be cut if we reduce spending.
That's a thing no one wants to talk about, and there are other ways to increase revenue.
You could have tariffs.
This is what we did before.
That's what Donald Trump was referring to.
This is really, it's more like a throwback when he talks about tariffs.
It's not new.
It's a throwback.
Very old.
You can use tariffs as an incentive to get other countries to buy more of our goods.
Hey, while people work to create those goods, we could produce more goods, right?
You could also, well, actually I think we have a clip right now.
Donald Trump has actually talked about this, and of course to the left's chagrin, many times.
The European Union is almost as bad as China.
They don't accept your cars.
They don't accept your farm products, but they send their farm products here and they send their cars here by the millions and millions.
So if China or any other country charges 100% or 200% tax, then we will charge them 100% or 200% tax.
My message to every business in the world is very simple.
Come make your product in America and we will give you among the lowest taxes of any nation on earth.
But if you don't make your product in America, which is your prerogative...
Then very simply, you will have to pay a tariff, differing amounts, but a tariff which will direct hundreds of billions of dollars and even trillions of dollars into our treasury.
You could use those to punish countries that undercut the United States or competitiveness in the international stage.
You could use it to even the playing field because other countries put tariffs on our goods.
You also have to deal with the fact that places like China are basically using de facto slave labor.
Basically, you can use this to keep other countries and companies honest and keep ours competitive.
So you can reduce costs.
The left will tell you that you cannot.
You can find other ways to generate revenue outside of taking yours by force.
The left will tell you that you cannot.
But I don't mind their suggestion of renting out Camp David.
It looks like a place where I could kick back.
Relax a bit.
So, where we are is yes, yes, and you can comment below.
And check the references.
We didn't have an income tax.
We have precedent where the income tax was seen as unconstitutional.
We do not need an income tax.
There are ways to do it.
It needs to be done carefully.
It needs to be a multi-pronged approach.
And I don't know that we would ever have another opportunity outside of Donald Trump in this second term.
Again, he would need to take an axe to this.
And I also want to leave you with this.
If you wonder, well, hold on a second.
If we didn't have income tax and it was ruled unconstitutional, and at first it was a really basic rate, like 3%, how do we get to this point where we have these complicated brackets and 37% income tax?
I've done a lot of videos on this, gentlemen.
Karl Marx believed that a progressive tax system...
Would not only redistribute wealth, but it would destroy, and when we say the bourgeoisie, he would definitely be referring to middle class Americans, just to be clear.
Right, and he said capitalism too.
Yes.
It would destroy capitalism because it would create class warfare.
Yep, and it was really clearly stated in chapter two of the Communist Manifesto where he said, this is stupid and lay woe.
That's not, I'm sorry, that's a direct quote.
It is.
Karl Marx liked the N-word.
He did, a lot.
Stuck the land.
Hard R. Didn't like the blacks.
He said this.
An advanced communist nation will require a heavy progressive or graduated income tax.
He knew what it would do.
He knew the consequences.
It was by design.
And maybe it's just a coincidence that today's progressive left has fallen for it in the United States hook, line, and sinker.
So, that's where I line up.
We're going to be...
On Rumble Premium.
What are you doing, Josh?
I told you I had to finish this shredding.
I said stop with the shredding.
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