Are You Ready for Trump's Tax Plan? - Tom Wheelwright, Scott Hodge

Поделиться
HTML-код
  • Опубликовано: 21 ноя 2024

Комментарии • 57

  • @MagdaleneM-f3q
    @MagdaleneM-f3q День назад +63

    Bring *Julianne Iwersen Niemann* on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.

    • @TianaManeO
      @TianaManeO День назад

      I know this lady you just mentioned. Julianne Iwersen Niemann is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Julianne Iwersen Niemann has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

    • @PajinakStanovska
      @PajinakStanovska День назад

      I’ve heard of her
      How can i reach her, if you don't mind me asking?

    • @TianaManeO
      @TianaManeO День назад

      ⁠ her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @PajinakStanovska
      @PajinakStanovska День назад

      I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get

    • @YadaniL-g8k
      @YadaniL-g8k День назад

      The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today.

  • @RCCM27
    @RCCM27 2 дня назад

    Very interesting conversation, I’m learning so much, after spending much of my 67 years having little interest in taxes I realize how much I could have saved in avoiding taxes, if I had only paid attention to this. I will try to get my children more involved in keeping more of the money they earn. Thank you.

  • @FavourGift-en6en
    @FavourGift-en6en 3 дня назад +35

    !!Elon Musk has played a major role in the campaign, especially in sectors like energy and automotive. With Trump winning, there's uncertainty, as the market has been full of surprises. It's wise to follow professional advice.
    .....

    • @PrincessBlessing-m1p
      @PrincessBlessing-m1p 3 дня назад

      already, I can see wild swings in the market due to the trump win. I am really confused on how I can make gains on my $500,000 on these market movements without any loss to my money.

    • @WilliamAMilley
      @WilliamAMilley 3 дня назад

      Agreed, I'm in line with having an advisor oversee my day-to-day investing because my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well-diversified and has just 5X'd in 5 years, summing up nearly $2.7M as of today.

    • @LucyVade
      @LucyVade 3 дня назад

      This is huge! Your advisor must be grade A. Mind sharing more info, please? I'm in dire need of proper asset allocation.

    • @WilliamAMilley
      @WilliamAMilley 3 дня назад

      Adriana katherine holds the credit of being crucial about the mrkt and also a knowledgeable to be proud of

    • @chinyerejoseph8004
      @chinyerejoseph8004 3 дня назад

      The market will always undergo changes and various challenges, so if you want fo reach your goals , you have to be really focused and do your due diligence. Also having a financial consultant like Adriana

  • @6figurespharma
    @6figurespharma День назад

    If they truly wanted to improve government efficiency, the smartest move would be to launch a large-scale financial freedom and health literacy campaign. Empowering people with the knowledge to reduce dependence on government programs and tax breaks would create lasting change. Anything less is just rearranging deck chairs on the Titanic. Teach people how to fish, instead of feeding them fish.

  • @Thaksinnaenaudon103
    @Thaksinnaenaudon103 3 дня назад +1

    Thank you very much

  • @ugiperformance9495
    @ugiperformance9495 3 дня назад

    THANK YOU SIR

  • @willowstarfeather
    @willowstarfeather 3 дня назад +1

    In Australia all income is done in a computer program. You log in and out via it. Your wages are broken down via it. The companies accounts get it. Then your wages are paid and itemised. That's sent to the tax department computers that send out information. As I get part wages and part government payments all I do is check the information. If I get money from cash employment like my own business I can add that to it. It's very efficient. I'm employed by a small business. It's the way to go. So tips would be scored that way too. Ours go into feeding the homeless so we never get to see them. Unless a customer states we get them in cash. It's not taxed as it's under the threshold normally. We are all casual workers and don't normally earn a lot.

  • @davidreeves310
    @davidreeves310 2 дня назад

    The government is not going to stop waisting money so the people would be better off with there money if my ot wasn't taxed it would change my life overnight I would finally be able to buy a new car and actually be able to invest that tax cut would help the economy !!!!!!

  • @iansmithistheman7512
    @iansmithistheman7512 3 дня назад +4

    I see what you’re saying about tax on Tips, but the difference between a “tipped” employee versus a cook, is that the cook is making more money with salary or hourly wage versus a server, or bartender that makes more money from tips. Just a little distinction that needs to be made between the two parties. Salaried employees will see the tax benefit just via lower income tax rate or overall tax cuts.

    • @MLafon
      @MLafon 3 дня назад +2

      Do not forget delivery driver as get tip

    • @blingbyjessica
      @blingbyjessica 3 дня назад

      Waitresses get tips

  • @RajaRaja-ho9sj
    @RajaRaja-ho9sj 3 дня назад +1

    Enna ya sollura😂

  • @joshn2342323
    @joshn2342323 12 часов назад

    Hopefully DOGE can reign in the bloated social security and medicare programs. We can use that money for tax cuts! Those two programs soak up 60% of federal revenue!

  • @acechoice45
    @acechoice45 3 дня назад

    Why is the NCAA not paying taxes?

  • @reynoldslacybrleroymeuschke
    @reynoldslacybrleroymeuschke 3 дня назад +1

    !!!I already own shares of NVDA and PLTR. I'll also add TSLA to my portfolio. But I'd like suggestions on long-term opportunities to explore that could make solid additions to my $260k portfolio for stable cashflow..

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw 3 дня назад

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @DivaHarrison
      @DivaHarrison 3 дня назад

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw 3 дня назад

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work.. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @DivaHarrison
      @DivaHarrison 3 дня назад

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @reynoldslacybrleroymeuschke
      @reynoldslacybrleroymeuschke 3 дня назад

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??

  • @michaelrowley6069
    @michaelrowley6069 3 дня назад +1

    If the DOGE does its job right then we might have that trillions of dollars that are needed.

  • @johnnemeth6913
    @johnnemeth6913 3 дня назад

    Asset sales are a one-time injection of cash. They can be used to reduce debt, but don't really do anything for deficits. Since the USD is a debt based currency, reducing debt removes USD from circulation resulting in deflation or even causing a recession, so needs to be handled very carefully.

  • @johnnemeth6913
    @johnnemeth6913 3 дня назад

    I like the idea of taxing the business income of non-profits, but there should be a floor. This is so that small local organizations don't get caught.

  • @DeBaanDB
    @DeBaanDB 3 дня назад

    Drilling on federal lands would be one source of revenue, but would only exploit the American public once again. How about having a land sale of all of these lands that have no constitutional basis or legitimacy for federal ownership?

  • @L4zyC47
    @L4zyC47 3 дня назад +1

    I am ok with Tariff as long as we get a few cut with income tax. I am not a high consumption individual, so it is not fair for me to pay higher tax than others. I want more tariff and less income tax, so it will cause those who over spending who pay more, and those who save and invest will pay less. Saving and investment is the better way to expand the economy overall.

    • @Irontiger046
      @Irontiger046 3 дня назад

      That's ridiculous! Overspending is subjective. If you want to live like a hobo, that's a personal choice and shouldn't affect your tax obligations

    • @L4zyC47
      @L4zyC47 3 дня назад

      @@Irontiger046 Well, I don't live like a hobo, I just don't need to buy iphone every single year, I don't need to buy new car every 2-3 years, I don't need to go out and eat every single week, I don't eat too much because I don't want to be over weight, I don't drink too much because I don't want problems with Health...I only spend $ to pay for mortgage, Groceries, Gas, Utilities...But I pay more tax than people who make less money, but use up much services such as health care for their uncontrollable weight/consumptions of food/drugs/alcohol.. shouldn't they pay more tax because of their high usage of healthcare services?

  • @SiriusSolar
    @SiriusSolar 3 дня назад

    so the auto manufacturers raised their price because of the subsidies. This still helps increase the electric vehicle innovation which is a good direction.

    • @The_Laid_Off_Life
      @The_Laid_Off_Life 3 дня назад

      WTF are you talking about?!
      Higher prices are higher prices.......
      By your thinking food prices need to go up to encourage better food development......
      Anyway, higher prices in anything reduces the amount of people that can afford something
      You must have too much money or money comes easy due to your privileged life ......

    • @SiriusSolar
      @SiriusSolar 3 дня назад

      @The_Laid_Off_Life If only you were smart enough to understand

  • @SiriusSolar
    @SiriusSolar 3 дня назад

    backing the US dollar with Bitcoin? Nation State FOMO. it's design is a better form of money. in the end we'll be good but I want to know what do you think about how this will affect the short-term next 5 years?

    • @SiriusSolar
      @SiriusSolar 3 дня назад

      I am predicting Bitcoin will gobble up many assets and most definitely tons of butt wipe. problem is that retail will be trading the butt wipe. only Bitcoin backing the nation's dollar will be able to curtail their hyperinflation. it's game on! Time to fix the root of all evil