Hi everyone this is Dr. Nitin Chhoda with
Ignition Time and welcome to my channel.
In this video i'm going to talk to you about
contradictory statements from important
public officials about
safety, about voting and also about
taxes. It's going to get a little
controversial this video. In fact to be
honest I have this
this smoothie here with me. I actually
have to drink this before I start this video.
That's good because this is going to get
a little bit intense. Now
the craziness that we are about to see
from both sides leading up to the
election is only going to escalate. So if
you have a seat belt
please buckle up. What i'm going to do on
my channel is i'm going to do my
absolute best to present you with both sides.
But sometimes one side is so out of
whack that uh
I don't even know what to do other than
simply report it. And i'm going to
be again let me repeat for me it's not
about the red or the blue, it's about the
red, white and blue.
I'm not democrat, i'm not republican, i'm
American. So with that being said
let me jump right in and tell you what's
going on. On your screen you'll see a
tweet from
Edward-Isaac Dovere who's a staff writer
for the Atlantic
and what edward pointed out was that the
President said yesterday if you get the
unsolicited ballots
send it in early and then go and vote.
So is the President effectively
encouraging individuals to vote twice?
This created a lot of controversy
yesterday. Now
just to be clear the President back in May
said and "If you told a republican to vote twice
they'd get sick at even the thought of
it." So there you have it
this is the President of the United
States talking about voting.
I'll let you decide whether it's
contradictory or not and what your
thoughts are about it. In fact I want you
to let me know in the comments section
below exactly what you think of this
tweet
from Edward-Isaac Dovere. Again, he's a
staff writer for the Atlantic.
And he pointed this out and I want you
to let me know what you think in the
comment section below. Also I think
as we get closer to the election we need
to take a closer look at all the information
that we're being faced with in a fair
and balanced manner and I want you to
please share this video with your friends and
family because I want to know what
individuals think about what's going on
in the state of the country. And I want
us to hear from each other. So please
comment in the comment section below. For us this
youtube channel is not just about the
content we produce but about the
interaction in the community in the
comments section below.
It is as important if not more important
than what you see in this video right
now. So that was the first thing.
The second thing I wanted to point out
was as you all know speaker Pelosi was in a
public place in an indoor
location without a mask
and the speaker claims she was duped and
this all happened in the past 24 hours.
And there's been a lot of buzz about it on
the internet. But let me show you a tweet
from Heather
Keigo who is a Politico reporter and
Heather pointed out, I think it's a fair
question for reporters to ask Pelosi
why she wasn't wearing a mask in a
public place. So she is correct about that. But we should
also ask the White House why that's why
it's bad
that they crammed 1500 people into the
South Lawn most of them without masks
and without testing
at the President's speech last week. Is
that okay? So again this was pointed out
by heather kegel who's a politico
reporter and just so that
you folks know the white house press
secretary is playing
the uh the house speak house speaker
pelosi's hair salon video on
loop during the white house press
briefing that's actually what's
happening so you
so again here we have a contradictory
statement where you have the white house
press secretary playing that video of
speaker pelosi being indoors without a
mask
on loop over and over again but then
again a contradictory statement a fair
question to ask would be
hey how come there were 1500 people at
the white house that you know
essentially
most of them had uh were without masks
and
in all of them were definitely not
tested so i think it is a fair question
worth asking speaking of fair questions
one of the most controversial aspects
and uh i i some would say why is it even
controversial it's a very simple thing
you know
show us your taxes one of the most
controversial aspects
of of the debate leading into the
election
that we're going to see in the next few
weeks is going to be the call on
president trump to release
his tax returns in fact he'll see a
tweet on cnn from cnn breaking news
saying
that the president wins a round in his
request to block a new york subpoena
office financial records
as a court delays a final ruling until
closer to the election in fact you'll
see an article
on your screen right now from cnn and
the headline of the article reads
appeals code grants the president's
request to delay subpoena
on his tax return so what's basically
happening is the president has been able
to delay
uh he might be able to prevent but he's
definitely delayed
the essentially the release of his tax
returns
and there was a subpoena for his
financial records but a federal
appellate court
ruled on tuesday that it should decide
the appeal of his lawsuit
to block the manhattan district
attorney's office from obtaining the
document so essentially the president is
fighting
the release of his tax returns because
he doesn't want them out there so the
question arises
why does the president not want us to
see his tax returns
it's quite likely that the president has
several deductions the president has
many many many deductions as a real
estate owner as a real estate
developer and a lot of these and in in
general in real estate
a lot of deductions are completely
legitimate i can give you my personal
example if i buy a 150 000
single-family home so let's say i put
down 25 on a single family home so 25
of 150 000 is forty thousand dollars so
let's say i put down forty thousand
dollars now let's say i have a mortgage
of
seven hundred dollars a month on the
home and six hundred dollars out of that
seven hundred dollars
is mortgage interest i can legally
deduct
all the mortgage interest from my from
my tax returns so basically i can tell
the irs that 600
out of the 700 mortgage payment which
was the interest component
is a legitimate tax deduction in
addition if i have any property
management fees there can be a tax
deduction property taxes
can be a tax deduction remember i'm
talking about a rental property here
please don't confuse a rental asset an
investment property with a personal
residence the rules are slightly
different for both
but for the moment i'll talk to you
about rental assets i can deduct the
interest expense
which is six hundred dollars a month in
this example which is seven thousand two
hundred dollars a year
i can deduct property taxes i can deduct
management fees i can deduct any other
expenses that come up
so i can get right i can get close to
ten thousand dollars a year in
deductions
which effect which effectively means
that all the rent i'm getting from that
property
is essentially tax free and this is done
legally
this is the way our system works because
the government wants to provide tax
advantages
to individuals who create housing
because essentially the government
has less work to do in that case the
government doesn't want to be
saddled with having to having to do a
lot of affordable housing
this was a very simple example of the
tax advantages that exist
for real estate owners investors like me
and for real estate developers there are
even more tax advantages
so it's quite likely that the
president's tax returns have significant
significant tax deductions
to the extent to the point where the
president maybe pays few or no taxes
that's that's probably the bottom line
and now if the president doesn't want
those released
you know whether you agree with that or
disagree with that that's that's up to
you
but the fact is the president does not
want his tax returns released and joe
biden
had something interesting to say about
this on your screen you see a tweet from
joe biden
which reads i've released 21 years of my
tax returns
what are you hiding president trump
there you have it i want you to let me
know in the comments section below
what you think about all the
contradictory statements from public
officials about safety
about voting and also about tax returns
thank you so much for watching everyone
my name is dr ninten shoda
with ignition time i appreciate you
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