I dislike taxes for one main reason: the government requires individuals to calculate their own taxes and imposes heavy penalties for mistakes. While I have no problem paying taxes as a US citizen, it seems strange to me that I have to do the paperwork when the government already has all the necessary information.
I don't regret the financial mistakes I've made in the past, as they've all taught me valuable lessons. However, my biggest misstep was planning my finances without consulting a licensed financial advisor.
I sought the guidance of a financial counselor, and as I near retirement, their advice has proven invaluable. I was initially concerned that compound interest on index funds wouldn’t suffice since I started investing later. It's quite amusing to realize that I’ve outperformed colleagues with more investment experience, having gained over $386k tax-free.
Wait … what??? … They can’t do that. Can they do that? That’s not allowed. That’s not for them. They can’t do that. Proles can’t do that. They get up and work, own nothing, and make more proles. They have nothing but children. That’s what they do. Even the ancient Romans knew that. You can look it up. It’s an ancient Republican Rome tradition; search in Cicero. Livy. Tacitus. Varro. Plutarch. Suetonius; a tradition that carries through in all liberal democracies (capitalist or otherwise) and Replublics to this day; and explains why Elon and the GOP today are so obsessed with abortion and the working class needing to reproduce to do the work for them that they exploit for its “surplus value” / profit).
@@duuet5614 Ah, so laws based on your feelings but don't really exist. Thank goodness we don't live in a world where we're supposed to guess what the law is as opposed to a written law, or in this case tax code.
👆👆👆This is it - I’m surprised there aren’t more people talkng about that statement. It’s his M.O., 100% of the time. He’ll only work if you give him something he wants. If you work for him, he won’t even give you what you deserve (like payment for your work).
I'm not defending him, he's just not necessarily wrong. $18b is a lot of money for an individual, but that's less than half a percent of the national tax revenue ( 0.45%). Any number of other programs could definitely take precedence over that. I still think it's awful and he's just another politician serving himself. Someday, we'll elect some public servants who, as the name implies, serve the public.
Private Equity will be seen in the history books as a contributing factor to our downfall. This country is literally filled to the brim with financial abuse. RIP the era of workers
As the US Fiat Currency faces a challenge, the measure of their wealth is diminished by the fact that resources from domestic supplies, were exploited until the profits were removed. Now the ability to buy from outside suppliers faces the prospect of costs increasing. As 100+ Nations attend BRICS gatherings, the cost of essential resources continues to climb. The associations formed among the Trade Representatives who attend the meetings does appear to deny the ability to apply good old fashioned Colonial Exploitation as it has in the past. The US form of Industrial Capitalism, now Financial Capitalism faces the cold hard fact of the ability to provide the cheap goods that enabled the lifestyles of the G-7 Nations, has faded? Real Estate buyers do need industrial machinery to develop the Property they buy.
@@qjtvaddict Such weird behavior to make the logical leap of wanting to close the wealth gap disparity to communist China. But then again, you'll probably buy his crypto scam and be bankrupt and blame sleepy joe.
Probably were, and it was because if they werent, they risk getting shanked. If the drug dealers owned the prison, like the rich do our government, they'd lie just as much.
Do you know how venture funding works? Please explain how are they destroying jobs? Paying their fair share is what we are asking for but statements like yours imply you have no idea what you are talking about
@amabdall Because they will drive a business to the ground if it makes them more money for the quarter, and they do that a lot. They make money, take their cut. Whatever happens to the employees or customers doesn't concern them anymore
Who does this video expose as corrupt? Rich people. Who owns news stations? Rich people. Who is NOT going to air a video exposing their own corruption? Rich people. Your heart is in the right place, but I'm afraid your head hasn't yet reached the necessary height to see over the depths of sewage you're surrounded by.
@@DL-hu9yw I take issue with the words "literally" and "only" here. If that defeatist thinking vanished into thin air, that by no means would guarantee Trump will fix anything. In fact, he has a history of NOT fixing these things -- in his first term. And did you even watch the video? Trump is now backed by Blackstone. Pay attention.
To be real with you, the average person is getting hammered from all sides right now. We can’t even take care of our own sick and poor, but we continue on with unrestricted mass immigration? Most of our food has been turned into processed junk and eggs are some of the few remaining nutritious foods that are not so expensive (for now). And then we have all these “bad actors” running the entire country down into the ground with their gambling finances.
It is a lot of money, don't get me wrong, but $18 billion is sort of a small fraction in comparison to the the yearly revenue which is in the trillions. Still that's 18 billion that could be going towards infrastructure or anything really.
Actually affordability of food and other necessities should pretty well top our list of priorities, and for the majority of households it DOES...but let's be honest, closing a single tax loophole alone won't mean sh!t as long as the same big corporations own all the same politicians via lobbying.
@@ethanlouismorrison3775that was the idea. But as many things before, it turned out different. Now only big players can lobby, so that means politicians only get one side of the problem.
@@JhonIdrovo-the-humanthat’s just not true. Lobbyists work with non-profits. For example 501 (c)(3)’s use them. The big players are what people know about. People will talk about everything that’s wrong with lobbying and not understand any of the positives. The same way people look at politics. One sided
bonuses aren't taxed and that's how they receive the majority of their money, remember after 2008? they still paid themselves huge bonuses. for what, creating the biggest recession since the great depression. " great job guys, you earned it this year" fuckin' guys....
I never realized consumer reports and more perfect union were connected. thank you for informative and relevant coverage of modern events, context needs to be set anymore you do it well
100% the market is "normal" if the rich are getting richer. The moment the working class gets a leg up, suddenly it's not how the market is supose to work.
@@serpentines6356 I'm running in 2028. I'm not rich and probably won't ever be. Working white collar by day (for less than a fast food manager) and farming by night. I would much rather stay home and farm, but at this point someone has to do something. I'm not saying I'm exceptional, but I can't be bought. Look for the Nuclear Power Party
No, but we'll have to wait until the trail to find out exactly how he planned it. And Thompson had no security detail. All of Chump's gov't gangsters do.
Ronnie RAYGUN He touted 'tax cuts' like Trump, BUT the rich got ENORMOUS tax cuts and the working people got 'peanuts'. This left a huge budget deficit of many billions. OMG what to do?! He robbed S.S. Trust Fund to give a huge gift to the uber wealthy. THEN he trashed the union workers so the wealthy could make BIGGER profits. "The uber wealthy are a club and YOU are not in it." George Carlin
I think Reagan comes to mind first because so many were affected by this as opposed to 16th century sea captains! Trickle down Reagan!!! Downsizing, etc.
Why would any rich person give something up that makes them money... not saying its right at all just saying its from all sides.. left said they were going to lower costs yet it went from 1.75 gallon of gas to $5 .70c eggs to $4... the examples go on like the lobbyist getting both sides to pass a bill with tons of wasteful spending to line their pockets... or the insider trading/deals. 90% of these cooperate CEO's and politicians belong in jail or charged with treason.
@@ryd9686 brother. We've already seen. The guy was in office for 4 years, convenient how easily people forget how little you can do in 4 years. Trump is going to shock n awe to keep his voterbase happy, then do nothing and claim outside factors are what suppressed him.
Stock buyback seems like an alternative to dividends. Capital gains tax should probably be reworked. The goal should be when an individual receives a small amount it's taxed at 0, then it's a sliding scale, once you hit like 25k in capital gains, you go to 20% +0.1% for each 100 dollars starting at 5k. And then the scale should accelerate from 20k to 100k to 50%. And to incentivise new company formation, the buying price of newly issued shares of a company to fund the creation of a new business can be deducted from the capital gains twice or something like that. If you paid a million to get a company going and successful, you get to count it as 2 million paid or something. And to encourage shotgun investing, losses from investing in startups actually give a tax free credit for capital gains X1000% for 10 years. So if the investor or firm made a 1 million loss on investments, they can make 10 million on capital gains tax free. Butt I'm still unsure if companies should have no capital gains at all.
Buying back stock should be discouraged but is perfectly reasonable compensation if the company can not find a better way to use its capital. It's silly talk to outlaw. Leveraged buyouts, though, definitely need stricter laws...
@@ayoCC Unless you are the one receiving the capital gains? Those that don't have always want to take from those that do. Many in the middle class receive more than 25K in capital gains each year, while those afraid to actually invest to make their lives better want to take from them. I say eat cake to you.
@@engineeringVirtue People that are ignorant like think that if a company has more money they should hire more people. As you know it does not work that way. More business equals more people hired. Less business means less people hired. Those that invest like me get the reward and we also get less if the company is not growing. To bad nothing worthwhile is taught in school.
I was thinking earlier it's not fair that big brother has made serial killers extinct. Gone are the days of Jack the ripper and the black widow cause in some aspects they gave people pause before committing immoral acts. Carried interest is immoral.
I wouldn't trust Trump economy for so long. Any tips on stocks that can outperform s&p500? I am at the beginning of my investment journey and intend spreading $200k across dividend stocks, so that I can annualize up to 30% ROI even after my retirement.
I agree, financial advisory is currently the optimal approach for navigating the financial market, especially for newbies and those approaching retirement. At first-hand experience, my portfolio has surged over 300% since the covid crash of 2020 to date.
I've stuck with ''Jennifer Grace Barricklow'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
Thanks for sharing. I must say, Jennifer really knows her onions. just inputted her full name on the internet and at once came across her consulting page. Straight to the business of growing my wealth.
The guy that's been evading taxes all his life complains about the other guys not paying taxes, all the while, Making Hate, Ignorance, Homelessness, Poverty, Inflation, and Cancer Great Again.
@@TheOG-GG We, the actual taxpayers, could push for #ttr tax the rich, contact legislators for a yearly tax on all assets, stocks included, market value or estimate at end of f/y or sell date, whichever is first. The #magaBS argument you can't because they haven't necessarily sold the stock doesn't hold water. We, the actual taxpayers, pay taxes on our assets that we haven't sold; property, vehicles etc. #ttr
Every dollar you make past 10 million should be taxed 200%, you don’t need more that 10mil a year. This only affects 0.3% of people, but helps everyone
Your math doesn't work. By your rule, a person making $21 million would pay a minimum of $22 million in tax, broken down like so: whatever they pay on the first $10 million PLUS $22 million on the last $11 million. Someone making $100 million would pay a minum of $180 million in taxes (their marginal $90 million income x 200% = $180 million). I hate to break it to you, but no one is passing a law that says you have to pay more in tax than your actual income. And if they did, no one would pay it because no one does what is impossible to do.
If they don't make money past $10 mil because of taxes, there is then no incentive for them to operate more businesses, and you likely end up not having a job.
Why 10 million, why not 1 million, why not 500k, why not 100k? You and your all knowing self knows what people need,. Show me 1 place this has ever worked.
@@DaveE99 no, no…you’re wrong! Trump said he would easily stop the war before he was inaugurated. He knows just what to say. Don’t you know…he always keeps his promises. Can’t you see that huge beautiful wall on the border?
You know the border wall that Mexico paid for. The same one that Trump supporter, Boom Boom Bannon collected money for but kept the money in a scam because Mexico was paying for it. Now you know.
The influence of all of this in real estate is unbelievable. Not only homes for sale, but also in the rental market. And that includes Apartments as well as Homes
@@theresapinilla4913 These financial "entities" are also multinational, and are wreaking the same havoc internationally. Too few nations seem strong enough to limit their inappropriate behaviors on their own, so governments, NGO's etc. must ally better against their lobbying etc. Big Money can't be allowed to override rules, regulations, rule of law, and the sovereignty & power of nations & governments. ⚖️🗽
"Hold them accountable!" Haha. I loved that joke you put in there at the end. We can't hold anybody accountable for anything as long as money is in politics.
Hello, I am really interested in working with your mentor because I am tired of losing so much money in trading. I have tried watching a lot of videos but I am still confused because they all have different things to say. Can you point me in the right direction????
Anyone who thought Trump was “for” anyone but himself should watch this video. He’s all talk when it comes to any policy that helps the working class. But he’s not the real problem. About 75% of the Democrats need to be primaried by actual pro-labor candidates for anything to change.
Why focus on Trump? He was one of the many politicians mentioned who flip flopped. This isn’t a Trump problem. It is a government corruption problem that pervades the whole party (there is only one, with two fronts for theatrics).
The problem is that some of these instruments shouldn't even be legal. Without them hedge funds would have to run completely different. Maybe not even be worth it.
Bahahaha.... that's so funny. Trump fixing loopholes?! 😂 The rich paying more Tax? 😂 Stop it, you're killing me. 🤣 Trump just told you what you wanted to hear.
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during the bear market. This last year alone, I have scaled from 180k to over 354k.
It's crucial for individuals to diversify their portfolios, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications.
This is why it's best to be a business owner and investor rather than an employee and why income taxes and property taxes should probably be replaced with sales taxes and vacancy taxes.
Alright, I’ve been sitting on this 78k emergency fund like a dragon hoarding gold, and now I’m thinking it’s time to do something smart with it. Bitcoin? Crypto? Stocks? Gold bars under the mattress? This ‘Trump Bump’ sounds like a party, but where’s the VIP section for beginners like me? Any tips before I YOLO my savings?
Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run.
Hey, respect for stacking that $78k! But YOLO-ing into crypto might not be the move, bro. Markets are wild right now. I was in your shoes and got a financial advisor who showed me how not to gamble my savings away. Best decision I made-seriously, look into it before diving in.
Respect for stacking that $78k! But YOLO-ing into crypto might not be the move, bro. Markets are wild right now. I was in your shoes and got a financial advisor who showed me how not to gamble my savings away. Best decision I made-seriously, look into it before diving in.
I feel this so hard! I’ve got cash ready but no clue where to start or how to find a solid financial advisor. Seems like everyone’s either trying to sell you a course or a scam these days. Any advice for finding someone legit??
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
The stolen land claims are false and the notion of them is truly getting old. You guys need to actually look into actual history instead of just blindly believing the nonsense your marxist professors spew
IMAGINE HOW STRONG OUR COUNTRY WOULD BE IF PRESIDENTS SPENT THEIR DAYS WORKING FOR THE PEOPLE WHO ELECTED THEM INSTEAD OF THE BILLIONAIRES WHO BUY THEM.
Trump said in an debate with Hilary that he pays low tax because she and her rich friends do exactly the same. Maybe, just maybe, a 80-year-old president that has way too much money is the right guy to fix it, if they don't kill him. At least he's talking about it, and he has maybe the power to change this. For all other people, no matter where you live, it is impossible to go up against those people and companies and that will only get worse. ALSO all tech knowledge should be open source for everybody to use and evolve everything quicker. Gatekeeping knowledge is no good for humankind, only for some rich aholes. I really don't believe anymore in the fairytales but the patents make sure the companies need to make their money back. F off. Deepseek showed us how ignorant the rich are. openAI (OPEN) is mad at Deepseek because they used their data.... While they used everybody on the internets data. But it different when it is you. No single person needs more than 100 million.
I dislike taxes for one main reason: the government requires individuals to calculate their own taxes and imposes heavy penalties for mistakes. While I have no problem paying taxes as a US citizen, it seems strange to me that I have to do the paperwork when the government already has all the necessary information.
I don't regret the financial mistakes I've made in the past, as they've all taught me valuable lessons. However, my biggest misstep was planning my finances without consulting a licensed financial advisor.
I sought the guidance of a financial counselor, and as I near retirement, their advice has proven invaluable. I was initially concerned that compound interest on index funds wouldn’t suffice since I started investing later. It's quite amusing to realize that I’ve outperformed colleagues with more investment experience, having gained over $386k tax-free.
Do you mind sharing info on the adviser who assisted you? I would love to grow my stock portfolio and plan my retirement
Her name is Annette Marie Holt can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Never forget that when regular people successfully squeezed the rich and powerful's short with Gamestop they shutdown the stock market
Wait … what??? … They can’t do that. Can they do that? That’s not allowed. That’s not for them. They can’t do that.
Proles can’t do that. They get up and work, own nothing, and make more proles. They have nothing but children. That’s what they do.
Even the ancient Romans knew that. You can look it up. It’s an ancient Republican Rome tradition; search in Cicero. Livy. Tacitus. Varro. Plutarch. Suetonius; a tradition that carries through in all liberal democracies (capitalist or otherwise) and Replublics to this day; and explains why Elon and the GOP today are so obsessed with abortion and the working class needing to reproduce to do the work for them that they exploit for its “surplus value” / profit).
Not how that happened...
Stupid @@LiverpoolReject
@@LiverpoolRejectyes it was. We were there. Don’t need you to tell us how something we experienced “actually” happened.
@CnutLongsword so who held the short position?
"Loophole," what you call criminal activity when you are on another level of wealth.
It's not criminal if it's in the tax code.
Can't see why bribery is a crime. It's allowed by law and keep everyone involved happy, er.. except for a bunch of guys who are irrelevant.
@@wisenberyeah it is actually and I’m not talking about laws of countries I mean laws of the soul
@@freefree1219 where does it say in any law book ...bribery is acceptable by law
@@duuet5614 Ah, so laws based on your feelings but don't really exist.
Thank goodness we don't live in a world where we're supposed to guess what the law is as opposed to a written law, or in this case tax code.
"Every time i wanna do it, they offer me thing that are much more valuable"
👆👆👆This is it - I’m surprised there aren’t more people talkng about that statement. It’s his M.O., 100% of the time. He’ll only work if you give him something he wants. If you work for him, he won’t even give you what you deserve (like payment for your work).
@@AddictedToShortVideos How his voters can't detect his dishonesty is unbelievable. He's a con artist. He's been lying to the camera for decades.
@@AddictedToShortVideosOn some level, at least he's candid about it when compared to the disingenuous plays by Collins and Schumer.
No one e ever holds him accountable for what he says.
I'm not defending him, he's just not necessarily wrong. $18b is a lot of money for an individual, but that's less than half a percent of the national tax revenue ( 0.45%). Any number of other programs could definitely take precedence over that. I still think it's awful and he's just another politician serving himself. Someday, we'll elect some public servants who, as the name implies, serve the public.
Private Equity will be seen in the history books as a contributing factor to our downfall.
This country is literally filled to the brim with financial abuse. RIP the era of workers
This is just class warfare 101, tech bros are using Trump to get the neoliberal corporatists out of the way so they can be the ruling class.
As the US Fiat Currency faces a challenge, the measure of their wealth is diminished by the fact that resources from domestic supplies, were exploited until the profits were removed.
Now the ability to buy from outside suppliers faces the prospect of costs increasing.
As 100+ Nations attend BRICS gatherings, the cost of essential resources continues to climb. The associations formed among the Trade Representatives who attend the meetings does appear to deny the ability to apply good old fashioned Colonial Exploitation as it has in the past.
The US form of Industrial Capitalism, now Financial Capitalism faces the cold hard fact of the ability to provide the cheap goods that enabled the lifestyles of the G-7 Nations,
has faded?
Real Estate buyers do need industrial machinery to develop the Property they buy.
💯
Tax the rich! I'm sick of them not paying, and our country going downhill!
Mao Zedong was right 😅
@@qjtvaddict Such weird behavior to make the logical leap of wanting to close the wealth gap disparity to communist China. But then again, you'll probably buy his crypto scam and be bankrupt and blame sleepy joe.
About you? @@qjtvaddict
@@qjtvaddict what the communist??
Trump isn't going to upset the rich.
They own him
Feels like the drug dealers I worked with in prison were more honest than the ultra wealthy
Probably were, and it was because if they werent, they risk getting shanked.
If the drug dealers owned the prison, like the rich do our government, they'd lie just as much.
@@Joe-sg9llso clever, you figured out how to spell that comment all by yourself!
drug dealers are just trying to get money to survive like all of us, the wealthy want money cause of their ego and greed
@@Joe-sg9ll you just elected an oligarch felon. you're in a cult.
Trying to tax the loophole got the same reaction as trying to take heroin from a heroin addict
Hedge funds and venture capital destroy infinitely more jobs than a higher tax rate ever could hope to do.
Do you know how venture funding works? Please explain how are they destroying jobs? Paying their fair share is what we are asking for but statements like yours imply you have no idea what you are talking about
@amabdall Because they will drive a business to the ground if it makes them more money for the quarter, and they do that a lot. They make money, take their cut. Whatever happens to the employees or customers doesn't concern them anymore
@@anlasma7942VC usually has a life of 8-10 years, that’s why @amabdell only asked just about VC
Pretty sure you mean private equity. I'm also pretty sure you don't actually know what "venture capital" or "hedge fund" means
@@eejjjj82 I know exactly what they mean, but I can totally be sure no one ever taught you social skills
They should play this video on every news station
Guess who owns the news stations. HAHA.
They’re in on it. They’re run by the rich. They aren’t beholden to a political party.
It's amazing that the US doesn't have a neutral news channel. It's either left or right. Fox says nothing about the meme coins. Unbelievable
Who does this video expose as corrupt? Rich people.
Who owns news stations? Rich people.
Who is NOT going to air a video exposing their own corruption? Rich people.
Your heart is in the right place, but I'm afraid your head hasn't yet reached the necessary height to see over the depths of sewage you're surrounded by.
@@PietSneeuwPBS Newshour
They will pay him to do nothing about that loophole. Most likely they will pay him enough to create more loopholes.
It's literally only that irrational defeatist thinking that makes it so. Are you invoicing them?
@@DL-hu9yw I take issue with the words "literally" and "only" here. If that defeatist thinking vanished into thin air, that by no means would guarantee Trump will fix anything. In fact, he has a history of NOT fixing these things -- in his first term.
And did you even watch the video? Trump is now backed by Blackstone. Pay attention.
everything he says he's going to do it really just him asking for bribes.
That’s his MO. Through out a scary idea. Then create shady ways for people to bribe him to ignore the scary idea. He gets rich blackmailing America.
Well, for the dim;
"him" is Donald J. Trump.
Its a shame, both left and right voters should demand this at the top of their list rather than egg prices and immigration
To be real with you, the average person is getting hammered from all sides right now.
We can’t even take care of our own sick and poor, but we continue on with unrestricted mass immigration?
Most of our food has been turned into processed junk and eggs are some of the few remaining nutritious foods that are not so expensive (for now).
And then we have all these “bad actors” running the entire country down into the ground with their gambling finances.
It is a lot of money, don't get me wrong, but $18 billion is sort of a small fraction in comparison to the the yearly revenue which is in the trillions. Still that's 18 billion that could be going towards infrastructure or anything really.
Actually affordability of food and other necessities should pretty well top our list of priorities, and for the majority of households it DOES...but let's be honest, closing a single tax loophole alone won't mean sh!t as long as the same big corporations own all the same politicians via lobbying.
End lobbying…..
You'd have to hire a lobbyists to do that.
not end lobbying, end any campaign donations
Politicians don’t understand everything going on in the world. Lobbyists have the opportunity to educate on specific issues.
@@ethanlouismorrison3775that was the idea. But as many things before, it turned out different. Now only big players can lobby, so that means politicians only get one side of the problem.
@@JhonIdrovo-the-humanthat’s just not true. Lobbyists work with non-profits. For example 501 (c)(3)’s use them. The big players are what people know about. People will talk about everything that’s wrong with lobbying and not understand any of the positives. The same way people look at politics. One sided
Will Trump be the guy to stop hedge funds? Spoiler alert, no. He’s mad he’s not in on the heist!
He is
Exactly!
Well said
he is in on it and always has been
uh.
he turned the WH into goldman south in his first term.
and you think he's not in on it?
you're so precious.
Soon they will call these fees "tips," which is why Trump wants to exempt tips from taxes.
Absolutely . more people need to hear this !!!!
bonuses aren't taxed and that's how they receive the majority of their money, remember after 2008? they still paid themselves huge bonuses. for what, creating the biggest recession since the great depression. " great job guys, you earned it this year" fuckin' guys....
Stage 3 trump derangement syndrome
@@romainbourque4891bonuses get taxed. At least every single bonus I’ve received
@@romainbourque4891 bonuses are taxed and typically withholdings are very high
I never realized consumer reports and more perfect union were connected. thank you for informative and relevant coverage of modern events, context needs to be set anymore you do it well
Financial Tapeworms. Is that what best describes Hedge funds and private equity?
These guys seem functionally similar to oligarchs in another country, untouchable while welding great power.
Do you mean 🇷🇺?
They are not functionally similar...they ARE.
I formed my idea of the WS when they stopped the marked for GameStop. Its manipulated for the rich
100% the market is "normal" if the rich are getting richer. The moment the working class gets a leg up, suddenly it's not how the market is supose to work.
@@cancerino666 anyone who advocates for the working man is a commie
It always was, they robbed us from all the institutions our forefathers built to provide for continued growth
In fairness it was one brokerage (Robinhood). You could still trade the stock on basically every other platform
@@maxstrong1999 that doesnt help people who are locked in Robinhood when they suspended moves, dummy
Trump said at the world economic summit last week, Blackstone head was his neighbor in Palm Beach Florida. Blackstone guy was sooo mad😂
🎉😂 spoiler alert 🎉😂
That's awesome.
One of the few true news reporting agencies left in the country.
CNN too right?
I'm sure
Lol @@humans500
He says one thing, then does another.
It’s almost like he is a pathological liar
Just like every other politician!
@@rustyshackleford4801Biden is a better one at it
@@rasheedh7043 not so much anymore, he’s literally losing his mind
*the actual definition of a politician 🎉😂
As long as we keep electing billionaires as our leaders, you can garuntee that this loophole stays open
As long as corporations are allowed to make political contributions in any form this loophole will stay.
As long as a rich-class is allowed to exist, they will manufacture a poor-class to enslave.
"They" have had a lot of time to change it. No one has,
Not good, but will take an exceptional person to change it.
We aren't electing billionaires. They already own the politiciams and the rest is a smoke and mirrors magic trick that makes us think we have control.
@@serpentines6356 I'm running in 2028. I'm not rich and probably won't ever be. Working white collar by day (for less than a fast food manager) and farming by night. I would much rather stay home and farm, but at this point someone has to do something. I'm not saying I'm exceptional, but I can't be bought. Look for the Nuclear Power Party
Luigi, your work isn’t done yet
No, but we'll have to wait until the trail to find out exactly how he planned it. And Thompson had no security detail. All of Chump's gov't gangsters do.
Dark, but true!
No he's done. It falls on other people. Maybe not you or me but someone
@ Do you really think any jury in America will convict him? My only real worry is that TPTB will epstein him before the trial starts.
@@freedomfighter4990someone earning minimum wage at McDonald's turned him in. Who's to say he will not get convicted?
Narrator: Of course, Donald Trump did not close this loophole, because he only keeps campaign promises to insanely rich oligarchs.
I love how when they said "roll back the clock" they immediately went to Ronald Reagan first.
And not FDR, like we should be doing
Ronnie RAYGUN
He touted 'tax cuts' like Trump, BUT the rich got ENORMOUS tax
cuts and the working people got 'peanuts'. This left a huge budget
deficit of many billions. OMG what to do?! He robbed S.S. Trust
Fund to give a huge gift to the uber wealthy. THEN he trashed the
union workers so the wealthy could make BIGGER profits. "The
uber wealthy are a club and YOU are not in it." George Carlin
Nah 16th century sea ferries
I think Reagan comes to mind first because so many were affected by this as opposed to 16th century sea captains! Trickle down Reagan!!! Downsizing, etc.
He will never, ever try. He never had any intention to do it.
Trump's an a-hole but this defeatist thinking only helps him. Get loud and proactive instead of making excuses!
Why would any rich person give something up that makes them money... not saying its right at all just saying its from all sides.. left said they were going to lower costs yet it went from 1.75 gallon of gas to $5 .70c eggs to $4... the examples go on like the lobbyist getting both sides to pass a bill with tons of wasteful spending to line their pockets... or the insider trading/deals.
90% of these cooperate CEO's and politicians belong in jail or charged with treason.
He’s in on it
we will see
@@ryd9686 brother. We've already seen. The guy was in office for 4 years, convenient how easily people forget how little you can do in 4 years. Trump is going to shock n awe to keep his voterbase happy, then do nothing and claim outside factors are what suppressed him.
Close the carried interest loophole. Prohibit leveraged buyouts. Ban stock buybacks.
Stock buyback seems like an alternative to dividends.
Capital gains tax should probably be reworked. The goal should be when an individual receives a small amount it's taxed at 0, then it's a sliding scale, once you hit like 25k in capital gains, you go to 20% +0.1% for each 100 dollars starting at 5k. And then the scale should accelerate from 20k to 100k to 50%.
And to incentivise new company formation, the buying price of newly issued shares of a company to fund the creation of a new business can be deducted from the capital gains twice or something like that.
If you paid a million to get a company going and successful, you get to count it as 2 million paid or something. And to encourage shotgun investing, losses from investing in startups actually give a tax free credit for capital gains X1000% for 10 years. So if the investor or firm made a 1 million loss on investments, they can make 10 million on capital gains tax free.
Butt I'm still unsure if companies should have no capital gains at all.
Buying back stock should be discouraged but is perfectly reasonable compensation if the company can not find a better way to use its capital. It's silly talk to outlaw.
Leveraged buyouts, though, definitely need stricter laws...
@@engineeringVirtueso "compensation" means stealing dividends from srockholders
@@ayoCC Unless you are the one receiving the capital gains? Those that don't have always want to take from those that do. Many in the middle class receive more than 25K in capital gains each year, while those afraid to actually invest to make their lives better want to take from them. I say eat cake to you.
@@engineeringVirtue People that are ignorant like think that if a company has more money they should hire more people. As you know it does not work that way. More business equals more people hired. Less business means less people hired. Those that invest like me get the reward and we also get less if the company is not growing. To bad nothing worthwhile is taught in school.
Trump's kidding you. He wanted your vote.
Literally EVERY politician.
need more Luigi Activists.
I was thinking earlier it's not fair that big brother has made serial killers extinct. Gone are the days of Jack the ripper and the black widow cause in some aspects they gave people pause before committing immoral acts. Carried interest is immoral.
They can't do a useless backfiring perp-walk for all of us 😂
@@aaronosborne5645jack the ripper killed poor people though.
Billionaires like Schwartz, Musk, Besos, Trump are too big for one person. You need teams and armies.
Typical roach politicians
This is so well put together. Seriously thank you. Keep it up 💪
I wouldn't trust Trump economy for so long. Any tips on stocks that can outperform s&p500? I am at the beginning of my investment journey and intend spreading $200k across dividend stocks, so that I can annualize up to 30% ROI even after my retirement.
as a beginner, its best you seek the guidance of a financial specialist, it may seem costly but could save you the cost of a fiasco
I agree, financial advisory is currently the optimal approach for navigating the financial market, especially for newbies and those approaching retirement. At first-hand experience, my portfolio has surged over 300% since the covid crash of 2020 to date.
@@iam_maryanne Very encouraging for folks starting out like myself; who is your advisor, please? In dire need of proper asset allocation
I've stuck with ''Jennifer Grace Barricklow'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
Thanks for sharing. I must say, Jennifer really knows her onions. just inputted her full name on the internet and at once came across her consulting page. Straight to the business of growing my wealth.
We need class consciousness. The rich are the enemy.
Everyberg Singlestein Timeovitz
Let him? He won't even attempt it. He's one of them, not one of us.
The guy that's been evading taxes all his life complains about the other guys not paying taxes, all the while, Making Hate, Ignorance, Homelessness, Poverty, Inflation, and Cancer Great Again.
No way Trump does anything against his own interest. $50 bucks says he ends up reducing net expenses for hedge funds.
Eat The Rich!!
I can't even post that as a comment without it being cents-o-red.
I'm probably higher on the list to get 'sent to camp' than you.
These quick dives are great but MPU is seriously missing an opportunity to funnel viewers with a call to action.
Agreed. Theory is good, but some form of practice is nec at this point. Education is a part of course
Good point! It would be nice at the end of each video if they told us how we could help put an end to this crazy and what we can do!
@@TheOG-GG We, the actual taxpayers, could push for #ttr tax the rich, contact legislators for a yearly tax on all assets, stocks included, market value or estimate at end of f/y or sell date, whichever is first.
The #magaBS argument you can't because they haven't necessarily sold the stock doesn't hold water. We, the actual taxpayers, pay taxes on our assets that we haven't sold; property, vehicles etc.
#ttr
They're not heisters
They're sheisters
Small hat shysters
It’s shyster. Good grief this comment section is embarrassing
People don’t run governments, business do.
Thanks. Very informative 🙏
I feel sick.
Buy KKR.
Every dollar you make past 10 million should be taxed 200%, you don’t need more that 10mil a year. This only affects 0.3% of people, but helps everyone
Your math doesn't work. By your rule, a person making $21 million would pay a minimum of $22 million in tax, broken down like so: whatever they pay on the first $10 million PLUS $22 million on the last $11 million.
Someone making $100 million would pay a minum of $180 million in taxes (their marginal $90 million income x 200% = $180 million).
I hate to break it to you, but no one is passing a law that says you have to pay more in tax than your actual income. And if they did, no one would pay it because no one does what is impossible to do.
@@asterisk911 That math looks great! Let's get it implemented ASAP
If they don't make money past $10 mil because of taxes,
there is then no incentive for them to operate more businesses,
and you likely end up not having a job.
Why 10 million, why not 1 million, why not 500k, why not 100k? You and your all knowing self knows what people need,. Show me 1 place this has ever worked.
How the hell does one tax someone 200%?
Well done and brilliantly presented. As always. 👏
i can lower the price of eggs with one phone call
Yes, and I’m so glad he easily stopped the war in Ukraine.
@@RedneckandPinay he didn’t stop it. He gave land to another dictator. His freind.
@@DaveE99 no, no…you’re wrong! Trump said he would easily stop the war before he was inaugurated. He knows just what to say. Don’t you know…he always keeps his promises. Can’t you see that huge beautiful wall on the border?
@ what?
You know the border wall that Mexico paid for. The same one that Trump supporter, Boom Boom Bannon collected
money for but kept the money in a scam because Mexico was paying for it. Now you know.
Dude in my city (San Diego) black stone owns 5800 units😬
They're buying up the burnt out lands in Lahaina and Altadena to build highrise's for 15 minute cities; easier to monitor and control the ppl 🎉😮
Criminal
Surely they will pay him off and we'll hear no more of it
Rich people: do what I want, or I'll quit.
Politicians: ANYTHING BUT THAT SIR
Everyone else: Oh no, that'd be a darn shame 😒
The influence of all of this in real estate is unbelievable. Not only homes for sale, but also in the rental market. And that includes Apartments as well as Homes
Even trailer parks
@@theresapinilla4913 These financial "entities" are also multinational, and are wreaking the same havoc internationally.
Too few nations seem strong enough to limit their inappropriate behaviors on their own, so governments, NGO's etc. must ally better against their lobbying etc.
Big Money can't be allowed to override rules, regulations, rule of law, and the sovereignty & power of nations & governments. ⚖️🗽
The real problem is the privet homes they should not be aloud to own
Stop the insider trading in congress.
There is no insider trading in congress. They are doing openly without any fear of prosecution.
This guy's channel is so necessary, especially now!🎉😊❤
He just lies lies lies and the gullible and controllable followers will never hold him accountable.
American style democracy is a facade, it will never solve real world problems for the little guy.
America is fascism that smells like democracy.
Democracy? The US-sh!tehole is *barely* even a republic.
Yeah. I can't believe how stupid I have been.
America is not now, nor has it ever been a democracy.
That s-hole is barely even a republic.
America is not a democracy.
It's barely even a republic.
Trump will do nothing!
"Hold them accountable!" Haha. I loved that joke you put in there at the end. We can't hold anybody accountable for anything as long as money is in politics.
I mean, you could.
General strikes, like France..
Great job with this video! Best one yet. Thank you!
Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over last months. Started with 14k in last two month 2024
Wow, that's huge. How do you manage to make that much on a monthly basis?
How did you do it, please? Am a newbie in crypto investment, please can you guide me through on how you made
Hello, I am really interested in working with your mentor because I am tired of losing so much money in trading. I have tried watching a lot of videos but I am still confused because they all have different things to say. Can you point me in the right direction????
Investing is better with an expert trader who knows it well, where and how to invest, who doesn't know Leo-Fessia, could be missing greatly….
She is on TELEGRAMS
Trump won't because he didn't. Wasn't Jack Welch responsible for the shift from long term to short term views?
Anyone who thought Trump was “for” anyone but himself should watch this video. He’s all talk when it comes to any policy that helps the working class. But he’s not the real problem. About 75% of the Democrats need to be primaried by actual pro-labor candidates for anything to change.
Trump is a symptom of cancer but democrats are the tumor that masquerades as healthy tissue or left of center.
Don't blame the bad guys for being bad, blame the good guys for not being good enough... Got it
Why focus on Trump? He was one of the many politicians mentioned who flip flopped. This isn’t a Trump problem. It is a government corruption problem that pervades the whole party (there is only one, with two fronts for theatrics).
He's not ending nothing in favor of billionaires and cooperation... he likes to talk about it, tho, especially to get elected
Oligarchy: "It's a club and you ain't in it."
The problem is that some of these instruments shouldn't even be legal. Without them hedge funds would have to run completely different. Maybe not even be worth it.
Private equity needs to be outlawed
Bring back 67% capital gains tax
Bahahaha.... that's so funny. Trump fixing loopholes?! 😂 The rich paying more Tax? 😂 Stop it, you're killing me. 🤣 Trump just told you what you wanted to hear.
Hence a true diplomat 🎉
He does NOT give a damn about the people. He will let them do whatever they want.
A new dawn in the free world, we should see alot of changes really soon, especially in the digital and financial markets.
Spot on. The market presents different opportunities to create passive Income, with the right skill and proper understanding you're good to go.
Facts 👏
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during the bear market. This last year alone, I have scaled from 180k to over 354k.
How were you able to make that much?
Seems like I'm not lucky enough.
It's crucial for individuals to diversify their portfolios, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications.
Tax the richs. Every time in Brazil the richs dodge the bullet and the poor pay new the tax for richs.
I don’t believe a word DJT speaks he is a liar period
*diplomat 🎉😮
He wants it until they paid him off.
I have a question if the rich make everyone poor. Who is going to make the rich, rich?
they walk the line as far as they can. i guess we haven’t reached a tipping point yet
The poor
The poor, by accepting to work for them at dirt wages
U lost the plot
This is why it's best to be a business owner and investor rather than an employee and why income taxes and property taxes should probably be replaced with sales taxes and vacancy taxes.
USA needs a VAT
@@erkinalp
You are getting it, the Trump tax.
The game is lost. No one stood a chance.
Alright, I’ve been sitting on this 78k emergency fund like a dragon hoarding gold, and now I’m thinking it’s time to do something smart with it. Bitcoin? Crypto? Stocks? Gold bars under the mattress? This ‘Trump Bump’ sounds like a party, but where’s the VIP section for beginners like me? Any tips before I YOLO my savings?
Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run.
Hey, respect for stacking that $78k! But YOLO-ing into crypto might not be the move, bro. Markets are wild right now. I was in your shoes and got a financial advisor who showed me how not to gamble my savings away. Best decision I made-seriously, look into it before diving in.
Respect for stacking that $78k! But YOLO-ing into crypto might not be the move, bro. Markets are wild right now. I was in your shoes and got a financial advisor who showed me how not to gamble my savings away. Best decision I made-seriously, look into it before diving in.
I feel this so hard! I’ve got cash ready but no clue where to start or how to find a solid financial advisor. Seems like everyone’s either trying to sell you a course or a scam these days. Any advice for finding someone legit??
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
Trump’s never going to get rid of that
I’m so excited you guys exist
Against the wall.
All of them and without trial.
They just need to stop hedge funds and private equity firms. If you arent helping to create something then you are just trying to destroy it.
I, and millions of others Americans invest in PE. It made us rich.
You’re just behind the curve
Can you all block these demented bot comments?
most of the comments are working stiff advocacy. are you capitalist pigdog?
Ask me, a 21 year old graduate with $400M in savings just made 356% on one simple investing trick!
Notice they’re all older white men
Imagine , greedy CEOS???
Ellon can pay to get trump voted for president. he can pay our national debt.
Dude, again, ur killing it, keep on doing aweosome! :)
Why do we keep asking questions like "Is Trump the president who will finally take these guys on??"
He doesn't want to take them on, he wants a cut.
Excellent piece.
Behind every great fortune lies a crime.
Blackstone,Blackrock,Vanguard
Trump taxing his billionaire buddies? Nah!! No chance.
That’s so wrong!
I fully support a SINGLE FLAT tax rate across any entity type. Remove the long term capital gains tax as well.
We don’t do this because the bottom most entities are hit the hardest relatively.
I'll be pretty surprised if he manages to pull this off
He won't even try. It's his call for them to pay him not to.
Well, now I feel even more screwed. Thanks a lot!
World class business leaders.😢
Vanderbilt build railroads across stolen land.
The stolen land claims are false and the notion of them is truly getting old. You guys need to actually look into actual history instead of just blindly believing the nonsense your marxist professors spew
That's not true lol. It was already stolen by the time we got here. Please do your research
@@cloroxbleach9847 Sure hun. Could you be more specific about who 'we' is? Otherwise researching doesn't make any sense. Don't you think?
"Will They Let Him?" implies that he wants to.
IMAGINE HOW STRONG OUR COUNTRY WOULD BE IF PRESIDENTS SPENT THEIR DAYS WORKING FOR THE PEOPLE WHO ELECTED THEM INSTEAD OF THE BILLIONAIRES WHO BUY THEM.
When trump says they need to pay taxes, what he means is: they need to pay ME.
another heist? ugh. getting heisted day after day after day. imagine Trump saying the Hedge Fund Guys have to pay taxes, the irony. hahahaha.
Trump said in an debate with Hilary that he pays low tax because she and her rich friends do exactly the same. Maybe, just maybe, a 80-year-old president that has way too much money is the right guy to fix it, if they don't kill him. At least he's talking about it, and he has maybe the power to change this. For all other people, no matter where you live, it is impossible to go up against those people and companies and that will only get worse. ALSO all tech knowledge should be open source for everybody to use and evolve everything quicker. Gatekeeping knowledge is no good for humankind, only for some rich aholes. I really don't believe anymore in the fairytales but the patents make sure the companies need to make their money back. F off. Deepseek showed us how ignorant the rich are. openAI (OPEN) is mad at Deepseek because they used their data.... While they used everybody on the internets data. But it different when it is you. No single person needs more than 100 million.
Why would Trump not ask each and every one of them for money to go into Trump's pocket. That's what he does...
With just confirmed treasury secretary I doubt anything would be changing.
A bum who says if you give him $20 and he'll get you an 8ball of ice is more honest than wall street