>>TYT INVESTIGATES HAS BROKEN ANOTHER STORY OF GREAT IMPORT
THAT GIVES YOU A SENSE OF HOW THE PEOPLE IN WASHINGTON GET
RICH OFF OF US.
ALEX KANE AND MATT CUNNINGHAM REPORTING HERE
THAT --
>>THAT IS LITERALLY TRUE, I WILL SHARE THE NUMBERS WITH YOU
IN A SECOND.
SO WHO IS THIS BROTHER OF MICK MULVANEY?
LET'S FIND OUT --
>>LOOK, HE GIVES MONEY TO HIS BROTHER'S CAMPAIGN, I DON'T
THINK A LOT OF PEOPLE ARE SURPRISED BY THAT.
IF THERE IS
NO QUID PRO QUO, NO PROBLEM AT ALL.
BUT WE HAVE AT LEAST THE
APPEARANCE OF A CONFLICT OF INTEREST HERE WHERE HIS BROTHER
HELPS PASS A TAX PLAN WHICH WILL GIVE HIM AND HIS COMPANY A
LOT MORE MONEY TO INVEST AND POTENTIALLY MAKE HIS BROTHER A
LOT MORE MONEY.
TO GIVE YOU A SENSE OF THE SCALE HERE --
>>THAT IS RELEVANT BECAUSE WHAT MULVANEY IS ENGINEERING IS
A REPATRIATION TAX HOLIDAY, IN ESSENCE, SO YOU CAN TAKE THE
MONEY FROM THINGS LIKE THE IRISH SUBSIDIARIES AND BRING
THEM BACK INTO AMERICA AT A LOWER RATE AND SAVE BILLIONS OF
DOLLARS, WHICH BRAEBURN WOULD BE INVOLVED IN, AND WOULD LATER
INVEST SOME OF THE PROCEEDS AS WELL BRAEBURN IS --
>>IT IS ACTUALLY OVER THAT NUMBER SO WE ARE TALKING ABOUT
A LOT OF MONEY HERE THAT'S AT STAKE.
IT'S CONVENIENT IF YOUR
BROTHER IS THE ONE MAKING THE PLANS THAT WILL GET YOU SOME
MORE OF THAT MONEY.
NOW, DOES MICK MULVANEY KNOW WHAT HIS
BROTHER DOES?
MAYBE THEY JUST SHOW UP AT THINGS GIVING AND
DON'T TALK ABOUT WORK.
NO --
>>SO THE BUDGET DIRECTOR IS AWARE OF WHAT HIS BROTHER DOES
AND HOW MUCH HE WOULD STAND TO GAIN FROM THE PLAN MICK
MULVANEY IS PUSHING TODAY.
NOW LET'S ASK THE NEXT QUESTION, IS
MULVANEY ALL THAT INVOLVED IN THE GOP TAX PLAN?
WELL --
>>SO HE'S THE ONE WHO IS ACTUALLY CREATING THE TAX PLAN.
WELL, THAT IS AWFULLY CONVENIENT.
BUT IS IT REALLY
ABOUT REPATRIATION, ALLOWING APPLE TO BRING THIS MONEY BACK
FROM THE IRISH SUBSIDIARIES AND OTHER PLACES THEY HAVE IT?
WELL, MICK MULVANEY SAID IT WAS ABOUT --
>>SO, CRYSTAL CLEAR.
SO HOW MUCH DOES APPLE STAND TO GAIN
FROM THIS?
WELL --
>>AND THAT MONEY, VERY LIKELY, GOES RIGHT BACK FOR TED
MULVANEY TO INVEST FURTHER.
ONCE AGAIN, INCREDIBLY
CONVENIENT.
NOW, WHAT IS THERE A CUES FOR ALL THIS?
THE WHITE
HOUSE SPOKESPERSON SAYS, QUOTE --
>>IN OTHER WORDS, WE ARE GIVING ALL THE RICH PEOPLE TAX
CUTS, AND ALL THE GIANT CORPORATIONS TAX CUTS.
SO MICK
MULVANEY'S BROTHER HAPPENS TO BE A DIRECT BENEFICIARY OF
THIS, SO ARE ALL THE OTHER RICH PEOPLE.
NOT THAT GREAT OF AN
EXCUSE, AND YES I BELIEVE IT'S A CONFLICT OF INTEREST.
TYT
INVESTIGATES JUST FIND OUT THE FACTS AND REPORTS ON THEM.
AS I
DESCRIBE THE REPORT TO YOU, MY OPINION IS THAT APPLE IS NOT
ANY MORE EVIL THAN ANY OTHER CORPORATION, THEY ARE NOT EVIL
OR GOOD, THEY ARE AMORAL, THEY ARE A CORPORATION, A MACHINE, A
ROBOT, NOT A PERSON.
AND THAT MACHINE WILL DO WHATEVER IT
TAKES TO MAXIMIZE PROFIT.
WILL THEY DO A LOT OF LOBBYING TO
GET MONEY INTO THE POCKETS OF POLITICIANS?
YES, THEY WILL
DEFINITELY DO THAT AND HAVE DONE THAT AT A SIGNIFICANT
SCALE, AND TYT INVESTIGATES HAS COVERED THAT AS WELL.
TO OTHER
CORPORATIONS ALSO DO IT?
ABSOLUTELY.
FROM TIME TO TIME
TO SOME OF THOSE CORPORATIONS EMPLOY THE FAMILY MEMBERS OF
THE PEOPLE WHO ARE COMING UP WITH THESE PLANS AT THE
GOVERNMENT?
YES, AND THIS IS ONE OF THOSE INSTANCES.
THESE
MACHINES WILL DO WHATEVER IT TAKES TO MAXIMIZE PROFIT.
WHEN
WE ALLOW, AS AMERICAN CITIZENS, CORPORATIONS TO HAVE
CONSTITUTIONAL RIGHTS, NATURAL RIGHTS, AND DOUBT BY THEIR
CREATOR, INALIENABLE RIGHTS, THE RIGHT TO FREE SPEECH, WHICH
WE NOW SAY IS THE RIGHT TO GIVE MONEY TO POLITICIANS, THIS WILL
HAPPEN OVER AND OVER AND OVER AGAIN.
SO THIS IS YET ANOTHER
INSTANCE OF IT.
IF YOU WANT TO STOP IT YOU HAVE TO STOP THE
PRIVATE FINANCING OF ELECTIONS.
OTHERWISE THIS WON'T BE THE
LAST TIME BY A LONGSHOT, AND WE KNOW THAT IT DOESN'T CREATE
JOBS.
THAT'S ANOTHER SERIES TYT INVESTIGATES HAS DONE, WHERE
APPLE FOR EXAMPLE SAID THEY WERE GOING TO CREATE NEW JOBS
IN AMERICA.
TIM COOK DIDN'T SAY THAT, BUT THEY SAID THEY WOULD
START NEW MANUFACTURING.
WELL, TYT INVESTIGATES LOOKED INTO
WHETHER THEY DID AND IT TURNS OUT THERE IS NO SUCH PERMIT AND
THERE'S NO PLANS FOR EXPANSION TO CREATE MORE JOBS IN AMERICA.
SO THIS IS SIMPLY TO GET MORE MONEY INTO THE POCKETS OF THEIR
SHAREHOLDERS AND EXECUTIVES.
IT'S ONE THING TO BE HONEST
ABOUT THAT, IT'S ANOTHER TO SAY SURE, WE WILL DO NEW
INVESTMENTS IN AMERICA, THERE WILL BE WONDERFUL JOBS CREATED
IN KENTUCKY, MAYNE.
NOT SO MUCH.
BUT WILL SOME PEOPLE GET
RICH?
YES, APPARENTLY THE BROTHER OF THE BUDGET DIRECTOR
WILL GET FABULOUSLY WEALTHY OFF OF THIS.
>> THIS IS SIMPLY TO GET MORE MONEY INTO THE POCKETS OF
THE SHAREHOLDERS AND THEIR EXECUTIVES.
IT'S ONE THING TO BE HONEST, ANOTHER TO SAY SURE WE WILL
DO NEW INVESTMENTS IN AMERICA AND THERE WILL BE WONDERFUL
JOBS CREATED IN KENTUCKY MAYBE.
BUT WILL SOME PEOPLE GET RICH?
YES.
AND DAVID K JOHNSON IS AN EXPERT IN THE FIELD, HE COVERS THESE
FINANCIAL ISSUES AND IS THE FOUNDER OF DC REPORT.
HERE IS WHAT HE SAID ABOUT THIS ISSUE.
I KNOW WHY THE CORPORATIONS WANT TO DO IT.
AS MUCH AS IT IS DEEPLY TROUBLING TO THE REST OF US
IT IS A LOGICAL THEM FOR THEM TO TRY TO CUT THEIR TAXES TO
THE BARE MINIMUM.
BUT I DON'T KNOW WHY WE ALLOW IT.
THEY HAVE SHIFTED THE TAX BURDEN FROM CORPORATIONS ONTO US.
CORPORATIONS USED TO PAY FOR A THIRD OF THE BUDGET, NOW IT IS
10% AND SHRINKING.
THEY WENT TO INCREASED PAYROLL TAXES WHICH THE POOR AND MIDDLE
CLASS PAY.
THE RICH DON'T EVEN PAY IT AFTER A CERTAIN AMOUNT.
SO THEY SHIFTED THE BURDEN OF THE TAXES FROM CORPORATIONS
TO THE MIDDLE CLASS IN AMERICA.
WE SHOULD NOT ALLOW THEM TO DO THAT.
YOU HAVE TO GET MONEY OUT OF POLITICS.
ONE GROUP WORKING ON THAT IS WOLFñPAC.COM IF YOU DON'T
LIKE THEM AND YOU WANT TO FIND A PROGRESSIVE GROUP A
DIFFERENT ONE, GO FIND THEM.
BUT WE AS CITIZENS CANNOT ALLOW THIS FUNDAMENTAL REDISTRIBUTION
OF WEALTH OUT OF OUR POCKETS AND INTO THE POCKETS OF THESE
CORPORATIONS.
IF WE LET THEM GET AWAY WITH IT, THEY WILL DO IT TO US OVER
AND OVER AGAIN.
THE LAST TIME THEY DID A TAX HOLIDAY FOR CORPORATIONS ñ
THEY KEEP GETTING ONE ALMOST EVERY DECADE.
THE LAST TIME THE AMOUNT OF MONEY THEY SPENT ON
LOBBYISTS, THEY GOT A 24,000% RETURN ON INVESTMENT.
CORPORATIONS DO NOT GIVE THE POLITICIANS OUT OF CHARITY.
THEY DO IT FOR A RETURN ON INVESTMENT.
THE FIRST TIME THEY GIVE A CORPORATION THEY ARE TAKING A
GAMBLE ON THAT.
THE SECOND TIME IS NOT A GAMBLE, THEY HAVE ALREADY GONE
THEIR RETURN ON INVESTMENT.
AND NOW THEY ARE BACK FOR MORE.
BILLIONS MORE.