ImmersiveAmbientModecolor: #dccabb (color 2)
Video Format : 22 (720p) openh264 ( https://github.com/cisco/openh264) mp4a.40.2 | 44100Hz
Audio Format: Opus - Normalized audio
PokeTubeEncryptID: 00ec152b43dea9ca14bf589df69771a65da78752abdb4130dbd609ef762cdb6b13abb5ba9c69dc5846a6da8df33a135b
Proxy : eu-proxy.poketube.fun - refresh the page to change the proxy location
Date : 1715530887318 - unknown on Apple WebKit
Mystery text : dDZWOWk4ZkZBREkgaSAgbG92ICB1IGV1LXByb3h5LnBva2V0dWJlLmZ1bg==
143 : true
3,174,626 Views • Jul 8, 2021 • Click to toggle off description
Subscribe to our channel! goo.gl/0bsAjO
The richest in America don't make money like most Americans. Most people pay income taxes from a regular job. But many in the top 1% make money off their investments, like stocks, and pay capital gains taxes. While normal income has a maximum tax rate of 37%, long-term capital gains tops out at just 20%. Changing that rate, and some loopholes that benefit the wealthiest, is seen as one way to tax the rich.
Read more about how the richest avoid paying income taxes from Vox:
www.vox.com/22432338/joe-biden-tax-plan
And an investigation from ProPublica:
www.propublica.org/article/the-secret-irs-files-tr…
For more information about Elon Musk's loans:
www.wsj.com/articles/elon-musk-techs-cash-poor-bil…
Watch our full video catalog: goo.gl/IZONyE
Follow Vox on Facebook: goo.gl/U2g06o
Or Twitter: goo.gl/XFrZ5H
Views : 3,174,626
Genre: News & Politics
Date of upload: Jul 8, 2021 ^^
Rating : 4.771 (5,936/97,945 LTDR)
RYD date created : 2022-04-09T21:10:38.455779Z
See in json
YouTube Comments - 7,184 Comments
Top Comments of this video!! :3
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
1.7K |
“The fact is, if you're a billionaire, you don't need any income.”
Biggest quote of the century, I guess!
15K |
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $410K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
555 |
I won't argue whether capital gains should be taxed at the same rate as income tax. But, should you be taxed on "paper gains"?
The stock market is there for everyone to participate in. But it does require "delayed gratification" to accumulate the money to invest.
1.5K |
Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
6.7K |
"How the rich avoid paying taxes"
The state allows it, simple!
4.3K |
This is amazing. “How to build wealth
50 |
I really want to thank Vox for showing me how to avoid tax.
1.3K |
Expectation: Tax money is used to build infrastructures and invested in healthcare.
Reality: Used to bail out big banks and used to finance wars.
5.9K |
"if you are homeless, just buy a house" that woman makes so much more sense now!
3.5K |
I'll suggest that because of the crash, choosing the appropriate stock won't be too simple. Jim Cramer mentioned that despite the crash, there are still tremendous chances, and I saw someone mention making $250k from approximately $110k since the crash. How do I generate returns like these? Nate
1K |
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
761 |
Remember this when hearing about execs 'donating' their salary or their salary is 'just $1' - its just another PR move.
2.8K |
Why don’t they teach this in school ?
Answer: We need busy worker bees 🐝
3.7K |
Warren Buffett is the embodiment of 'hate the game, not the player'. What a legend.
276 |
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market/crypto market has plenty of opportunities to earn a decent payout even in a downtrend, with the right skills and proper understanding of how the market works.
271 |
I think a more correct title would be "One way the rich avoid paying taxes"
1.4K |
Me: gets my first paycheck
Government: I’m about to end this man’s whole career
2.5K |
I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new posts all the time.
1 |
@Vox
2 years ago
If you want to learn more about the US tax system, check out ProPublica's investigation into the wealth and taxes of some of the richest people in the country. They obtained IRS records of billionaires like Jeff Bezos and Elon Musk that specifically show how the rich get away with paying little to no taxes. www.propublica.org/article/the-secret-irs-files-tr…
976 |