Well... At Least We Aren't Canada | How Money Works

10 Ways Billionaires Avoid Tax On A Massive Scale - How Money Works | How Money Works

10 Ways Billionaires Avoid Tax On A Massive Scale - How Money Works Get 10% off your first month of therapy with our sponsors BetterHelp: http://BetterHelp.com/HowMoneyWorks Sign up for my newsletter https://compoundeddaily.com 👈 ------------- Rich people didn’t get rich by paying a lot of taxes and for some of them avoiding uncle Sam has become their favourite pastime. Say what you will about billionaires, but they can be a very creative bunch where their money is concerned. Last year ProPublica a non-profit investigative journalism organisation was leaked a cache of IRS files that contained tax information about the richest people in America. Dozens of journalists and forensic accountants were able to reverse engineer a number of systems that the billionaires used to pay much lower rates of income tax than most regular working Americans. #tax #billionaire #howmoneyworks ProPublica Articles: https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files https://www.propublica.org/article/a-massive-oil-spill-helped-one-billionaire-avoid-paying-income-tax-for-14-years Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 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. 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: economy podcast, economics explained, money podcast, stock market, economic trends, housing bubble, corporate finance, private equity Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Have Car Companies "Innovated" Themselves Out of Business | How Money Works

Have Car Companies "Innovated" Themselves Out of Business Start creating for free at https://www.odoo.com/r/T48. Trust me, you’ll find it’s never been easier to share your passions online. ----- Link to the (traitors) new channel - https://youtu.be/2JoWfQKQAzc?si=zj65-mL7CxJHJ3Sk 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 📩 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. #cars #business #finance Over the last 2 decades very few major markets have seen changes quiet as widespread (and expensive) as the car industry… A push towards electrification, new major competitors from China and South Korea, self-driving technology, tighter regulations, and hundreds of billions of dollars in investor money has made it EXTREMELY difficult for companies to adapt to every single last change while ALSO delivering a product that’s not… terrible Dozens of companies are betting their entire future on the next five years, but that’s happening as a lot of people are still underwater on their last car… so they’re not in a rush to buy their next. Technology is changing so quickly that cutting-edge cars today might be COMPLETELY redundant in a few years’ time, meaning the right thing to do for most drivers is to sit back and wait. The investors on the other hand are realizing that if you invest billions of dollars to “DiSruPt” a market… you shouldn’t be surprised... When the market gets… disrupted… 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 independence, corporate finance, financial education, stock market, economy podcast Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Well... At Least We Aren't Canada | How Money Works

Well... At Least We Aren't Canada 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off 🙌 DeleteMe international Plans: https://international.joindeleteme.com Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut 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. #canadaeconomy #realestate #finance Covering business, finance and economics every week can be a little bit depressing. In just the last 2 years personal savings have been evaporated, consumer debt has hit record highs, the job market has been defined by anti-worker trends such as ghost jobs, broad sector layoffs and gigification, all while asset prices have ballooned far faster than household incomes, or even their intrinsic fundamentals. The results have been pretty simple, it’s getting much harder for people who work for a living to keep up with those who already have assets… Even the most diligent and career focused people are finding it tough to make ends meet let alone accumulate assets so that they too can one day achieve financial security… But if ever you are feeling like it’s all a bit hopeless, just remember, it could be worse… you could be from Canada… 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: how money works, personal finance, investing basics, investment strategies, private equity, financial literacy Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Why Most People Are Actually "Too Good" For Their Job | How Money Works

Why Most People Are Actually "Too Good" For Their Job Check out Manta Sleep here https://tinyurl.com/4w9rc5cu and use code HOWMONEYWORKS for 10% off your order! 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 📩 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. #career #finance #college I have some bad news for you… You probably won’t ever be a tech worker at a FAANG company, a bulge bracket finance bro or a high-powered corporate executive. Society needs people to do the real jobs that keep us housed, fed and safe, and it needs them a lot more than it needs another McKinsey consultant. This is a problem because no matter how you put it, a job where you sit in an air-conditioned office making six figures a year in your first year out of college is way more desirable than doing roadwork in Arizona for 20 bucks an hour. The problem is that everybody is trying really hard to pretend this isn’t true, and the system that has sprung up to maintain this dream has caused more problems than you realize. Peter Turchin is a complexity scientist, who mathematically models the statistical dynamics of historical societies. He coined the theory of “Elite Overproduction”. He argues in his books and papers that societies make workers just like they make anything, a car goes through a factory, and a college graduate goes through a few decades of schooling. At the end you get something you can drive around in and something that can make pivot tables in excel. 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: economy podcast, ai bubble, recession analysis Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

How Fines Became "The Cost of Doing Business" | How Money Works

How Fines Became "The Cost of Doing Business" Thanks to MANSCAPED for sponsoring today's video! Get 20% OFF + Free International Shipping with promo code "HMW20" → https://manscaped.com/howmoneyworks 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. In 2012 the Hong Kong, Shanghai Banking Corporation best known simply as HSBC was charged by authorities for aiding and abetting the operations of some of criminal cartels between the US and Mexico. Corporate personhood is the legal notion that corporations have many of the same legal rights and responsibilities enjoyed by natural flesh and blood people. They can own property, sue and be sued, donate to political campaigns, and even have defended religious beliefs… … but if a normal person was found laundering money for cartels and the North Korean Nuclear Program, they would be living it up, here in ADX Florence IF THEY WERE LUCKY. HSBC on the other hand still operates across the world, and their punishment for these crimes would be like a normal person getting a fine for roughly 2 months of their wages… So if corporations are legally people… why can’t they be arrested? If companies see fines as “just the cost of doing business” what reasonable punishments are there for organizations that break the law which DOESN’T just end up punishing innocent employees and the wider economy more than it does the people with actual discretion over how these companies act? 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: economy podcast, private equity, recession analysis, hedge funds, inflation explained, financial education, financial news, financial independence Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]