yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Taxes vs Duty (Clip) | To Catch a Smuggler | National Geographic


2m read
·Nov 10, 2024

You purchased this. We have to add this up. All right.

So how much is this adding up to? Do you understand?

Well, that's one side. It's got to go on the other side. There's exact prices of how much she paid.

She has ten. $15,000 worth of gold. Are you aware you have to pay duty on gold? You pay duty here. So when you come into the U.S.. Yeah, right.

All purchases. You have to pay duty on these items, right? But that's irrelevant to us. You have to pay duty to the US government when you purchase anything.

I do this every day. I know exactly what I'm looking for. It's always going to be fair.

And I'm all right. We're going to move on to the bags. So you did declare 6000 in clothes, and the new clothes that you are declaring are in there, right?

Yeah. No. Well, everything is recorded, so you can file a complaint if you think something is missing.

So you're declaring 6000, right? Yeah. And then we have more here. Okay, but you have to declare things the right way.

If there is a failure to declare, the government can seize these items. But you didn't declare everything.

But did you ever pay duty to be here like this? Look, no. That's irrelevant. This is US customs, and you have to pay duty here.

Okay. So I'm going to make the calculation. So the clothes you did declare, you were doing good. But then we have a lot of items missing.

So on those items, you're going to have to pay a penalty. The items you did, the clerk is going to be $506.

The penalty on the other items is $5,600. So I have to ask, are you going to pay it or...

20 penalty was pretty hefty. But people who want to bring in ten, $15,000 worth of gold are going to get penalized.

And she decided to pay, and she walked out to go with our stuff.

Yeah. Tough cookie.

More Articles

View All
The Longest-Running Evolution Experiment
These are bacteria growing into increasingly concentrated antibiotics. The bacteria stop growing when they hit the first antibiotic strip, but then a mutant appears capable of surviving in the antibiotic. Then another mutation occurs and now the bacteria …
7 Tips for Motivating Middle School and High School Kids During Distance Learning
Hi everyone, thank you for joining us today on our webinar on seven tips for motivating middle school and high school kids during distance learning. My name is Diane Tiu, and I’ll be kicking us off today as well as moderating our Q&A portion of today’…
Outsiders & Outcasts (For Those That Don't Belong)
As a deer in the wilds, unfettered, goes for forage wherever it wants: the wise person, valuing freedom, wanders alone like a rhinoceros. From the moment we are born as human beings, the people around us prepare us to fit the herd. We start out as being p…
Variance and standard deviation of a discrete random variable | AP Statistics | Khan Academy
In a previous video, we defined this random variable (X). It’s a discrete random variable; it can only take on a finite number of values. I defined it as the number of workouts I might do in a week. We calculated the expected value of our random variable …
National Parks: Inside a Movement to Attract More Visitors of Color | National Geographic
[Music] There was a time when I would see African-Americans at such an infrequent rate that when I saw them, it was just that silence, and that was once every month or so when I first came here. But now my expectation is that every day I’m here in at my j…
Cecily Strong: Why I'm Involved | Years of Living Dangerously
Working in comedy, I spend all my off time watching a lot of documentaries. So this was so exciting! It’s like a little kid getting to jump into a video game. You’re the sunniest state, ignoring the sun. Exactly, the Sunshine State, and you’re not allowe…