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 Cartoon Laws of Physics | StarTalk
So we’re talking about animation here, and, uh, some of the earliest concepts of animation. There’s a drawing on a, is it an N in Iran, where it shows several images that, in sequence, is a moving animal. Yeah, it’s a leaping animal. It’s so we’ve been …
Evidence for evolution | Common ancestry and phylogeny | High school biology | Khan Academy
We’ve done many videos on Khan Academy on evolution and natural selection explaining them, but I thought I would do a video going a little bit more in-depth in evidence for evolution and natural selection. I starting with this quote: “Nothing in biology m…
Escape Competition Through Authenticity
This reminds me of your tweet about escaping competition through authenticity. It sounds like part of this is a search for who you are. It’s both a search and a recognition because sometimes when we search our egos, we want to be something that we aren’t.…
Warren Buffett's Inflation WARNING for 2021
From raw material purchases by Berkshire subsidiaries, are you seeing signs of inflation beginning to increase? We’re seeing very substantial inflation. It’s very interesting. I mean, we’re raising prices, people are raising prices to us, and it’s being …
Turning Roadkill Into Art | National Geographic
I think what I’m aiming for is this notion of, I guess, seduction and revulsion. Something that’s really beautiful, really lush, rubbing up against something that’s also perhaps repulsive. I’m an artist and roadkill resurrector. The first body of work th…
Order of operations with fractions and exponents | 6th grade | Khan Academy
Pause this video and see if you can evaluate this expression before we do it together. All right, now let’s work on this together. We see that we have a lot of different operations here. We have exponents, we have multiplication, we have addition, we hav…