WTF Does Private Equity Actually Do? | How Money Works

The Tax System is Broken... in Just The Right Way | How Money Works

The Tax System is Broken... In Just The Right Way Looking to grow your business online? Get started today with a free 14-day trial from Odoo: https://www.odoo.com/r/xwl Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #tax #finance #money The Federal Tax Code when written out from beginning to end is about two thousand six hundred [2,600] pages long. Depending on who you ask it can be as SEVENTY THOUSAND [70,000] pages IF you include all of the relevant legal rulings on the contents of the code itself. This snowballing complexity would be a big enough headache by itself, BUT the biggest problem of all, is that the Federal government only collects about a dozen different taxes… The guidelines on what these taxes are, how they are calculated and how they are collected take up a total of about 250 pages… everything ELSE in the code is allowances, credits, deductions, offsets, incentives and deferments. And that’s just FEDERAL taxes, things become EXPONENTIALLY more complicated when local and state taxes are included as well. Now it doesn’t matter if you believe that all taxes are theft, or if you think that the rich should be taxed out of existence, the CURRENT system is broken in JUUSSTT the right way. Ok so it’s no secret that tax loopholes benefit the rich… and that’s for TWO reasons… HOWEVER most people choose to just focus on one. The first reason is because wealthy people can afford to pay the billable hours of accountants and tax lawyers to set up their personal finances and business structures to take advantage of these loopholes. According to the National Association of tax professionals the average cost to prepare an individual tax return in America in 2023 was two hundred and forty eight dollars [$248]. That’s ALREADY more expensive than it should be BUT tax services go way up from there. Tailored tax services that submit the paperwork required to take advantage of some of these loopholes can cost tens of thousands of dollars every year to put together. That means that it’s only worth it for people that can save hundreds of thousands of dollars in tax by diligently structuring their affairs. The SECOND reason that tax loopholes only benefit rich people is because… they are the ones that pay tax. But distorting already highly problematic markets is just the first problem with the loophole arms race. So it’s time to learn How Money Works to find out why our taxes are so hard to fix. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. --------- Keywords: business analysis, financial planning, real estate crisis, hedge funds, corporate finance, ai bubble Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Why Are Americans So Pessimistic? | How Money Works

Why Are Americans So Pessimistic? To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #wealth #finance #economy It’s the end of the year which is a great time for reflection and as someone who covers business, finance and the economy, mainly from America it looks like we have a lot to be grateful for. The USA is the largest economy in the world, and over the last five years it’s just pulled further ahead of its only real rival, China, which has… not been having a great time… Per person that means the only countries in the world with higher outputs are either oil states, tax havens or tax haven oil states. Unemployment is low, inflation is (supposedly) under control, interest rates are coming down and markets are booming… But despite all of this… general consumer confidence is still around all time lows… I am 100% guilty of being a little bit of a gloomy goose as well, this year the closest thing to a good news story I covered, was a celebration that at least we weren't Canada… So if everything is so great… why are Americans always so pessimistic? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - --------- ----- Keywords: financial planning, mortgage crisis, gig economy Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Financial Fraud Is At An All Time High - Here is Why That's A Good Thing - How Money Works | How Money Works

Financial Fraud Is At An All Time High - Here is Why That's A Good Thing - How Money Works The first 1,000 people to use this link will get a 1 month free trial of Skillshare: https://skl.sh/howmoneyworks04221 Sign up for my newsletter https://compoundeddaily.com 👈 Financial fraud is at an all-time high! American consumers lost a staggering $5.8 billion dollars to a range of schemes in 2021. This represented a 70% increase over losses in 2020. This is part of a bigger trend which is seeing more people losing money to scams, schemes and hacks at a time where all of us should probably know better. Consumers were just one group hit hard by scams. Corporations and even the government have seen a serious increase in losses caused by fraudulent behaviour. There are a few reasons behind this trend which are worth exploring and understanding because they can give some clues about how these scams work, how they can be avoided and why record high fraud figures might actually be a good thing. #HowMoneyWorks #Scams Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Story Blocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ---------------------- --- Keywords: financial education, financial news, private equity, wealth building Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

WTF Does Private Equity Actually Do? | How Money Works

WTF Does Private Equity Actually Do? Upgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworks Sign up for my FREE newsletter! - https://www.compoundeddaily.com/ Support me on Patreon - https://www.patreon.com/HowMoneyWorks My Other Channel: @HowHistoryWorks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for my newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. ----- Private equity has minted more global billionaires than Oil and Technology. It’s a four point seven TRILLION-dollar [$4,700,000,000,000] global business that according to some outlets has crushed your ability to buy a house and your chance to relive your childhood at Toys R Us. Private equity is simultaneously the ultimate career goal of every insufferable business bro AND the cause of all the world’s problems… But what do these people actually do? Private equity is nothing more than any investment company that invests into assets that are not listed on public markets. The variety of private equity companies is enormous. Some private equity firms will invest in very early-stage startups and give them money to grow their business and acquire new customers, these firms tend to go by name venture capital, but that’s still a type of private equity. Other private equity companies focus on buying alternative assets like airports, toll roads, intellectual property rights and carbon credits. These firms offer liquidity to asset holders that would find it almost impossible to sell what they own without their services; you can’t put your North Dakota drilling rights on Facebook Marketplace and expect to find a buyer. If something is worth money, there WILL be a private equity firm that will try and make a deal out of it. There are even private equity firms that are called a fund of funds, which you guessed it, raises money to invest into OTHER private equity funds, BUT when you hear politicians, journalists and angry people online talking about “private equity”, they are normally talking about the buyout funds… If you can start and run a successful buyout fund, there is a good chance you will become a billionaire because these firms are fine tuned to make the most amount of money possible from buying entire companies. So, if you wake up one day and decide to start a private equity firm specializing in corporate buyouts here is what you will actually need to do in 3 easy steps. Step number one, before you even think about going out to find your first investor or acquisition opportunity is to get your corporate structure right. So it’s time to learn How Money Works to find out what private equity firms actually do. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------------------------ ---- Keywords: investment strategies, private equity, business analysis, financial literacy, economic trends Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

The Surprisingly Solid Case For A Three Day Work Week - How Money Works | How Money Works

The Surprisingly Solid Case For A Three Day Work Week - How Money Works Click the link to check out Storyblocks and sign up for the Unlimited All-Access Plan: https://storyblocks.com/howmoneyworks Sign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________ The fight for fewer working days is a battle as old as worker relations. Just 100 years ago the five-day workweek was unthinkable for American laborers but in 1932 the states officially adopted the five-day work week to combat the unemployment crisis caused by the stock crash and subsequent great depression of 1929. We are currently amid another shakeup to our way of life, one that is on par with the severity of the great depression. So perhaps it’s time again to re-assess how we work, maybe it’s time again to look at the surprisingly solid case for cutting down the days that the average American worker devotes to labor. There is a surprisingly solid case for a working week of just THREE days for most jobs. #HowMoneyWorks #TheGreatResignation #LaborCrisis ___________________________________________________________________________ Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️ ___________________________________________________________________________ Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------- --------- Keywords: economic trends, financial planning, stock market, market crash, corporate finance, money podcast, financial news Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]