The Rich Get Richer & Pay NO TAX!! Here's How!! 💰

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⛓️ 🔗 Useful Links 🔗 ⛓️

ProPublica Leaks: https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
Buy Borrow Die: https://www.wsj.com/articles/buy-borrow-die-how-rich-americans-live-off-their-paper-wealth-11625909583
Biden CGT Plan: https://www.cnbc.com/2021/05/28/biden-budget-reiterates-top-capital-gains-tax-rate.html
Build Back Better: https://www.nbcnews.com/politics/joe-biden/biden-s-build-back-better-bill-what-made-it-what-n1282643
Dems Targeting Buy, Borrow, Die: https://www.bloomberg.com/news/articles/2021-10-26/democrats-new-tax-target-is-5-trillion-in-billionaire-wealth
US Estate Taxes: https://www.investopedia.com/articles/personal-finance/120715/estate-taxes-who-pays-what-and-how-much.asp
Potentially Unconstitutional: https://www.reuters.com/world/us/democratic-billionaires-tax-proposal-likely-face-legal-challenges-2021-10-27/
Europe Wealth Tax Fail: https://www.npr.org/sections/money/2019/02/26/698057356/if-a-wealth-tax-is-such-a-good-idea-why-did-europe-kill-theirs
Eric Pichet Paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1268381
Asa Hansson Wealth Tax Study: https://www.sv.uio.no/econ/english/research/centres/ofs/news-and-events/events/dokumenter/Hansson8march13.pdf

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- TIMESTAMPS -
0:00 Intro
1:22 Why The Talk?
4:21 How The Rich Make Money
6:53 Buy, Borrow, Die
10:34 Inheritance
13:07 Efforts to Tax Em
16:22 European Wealth Taxes
18:56 Conclusion

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Wealthtax #CGT #billionaires #taxes #crypto #biden

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