Tax Loopholes Exposed
Tax policy is heavily influenced by lobbying, as seen with a senator saving a massive loophole for private equity in exchange for a hefty donation. Wealthy individuals like Donald and Jeff have utilized strategic maneuvers to pay little to no federal income tax, often exploiting paper losses and relocating to states with no income tax. The practice of borrowing against assets allows the rich to avoid taxation altogether, placing an unfair burden on middle-class taxpayers who cannot escape to more favorable tax environments.In this clip
From this podcast
The Prof G Pod with Scott Galloway
No Mercy / No Malice: Earners vs Owners
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