How Wealthy Billionaires Avoid Income Taxes! Learn the truth about Wealth Hoarding.
This section shows that ultra-high-net-worth individuals (UHNWIs) with investable assets of at least $30 million have seen their equity investments perform exceptionally well during the pandemic. Most UHNWIs derive their wealth from owning and leveraging business interests and, as capitalists, are not subject to income tax unless they sell one of their assets. They can avoid taxation on income by borrowing against their stock portfolios and interests rather than selling their stocks which would generate revenue.
Thanks for watching! Please Like, Comment, or Subscribe for more videos!
This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon.com
How Wealthy Billionaires Avoid Income Taxes! Learn the truth about Wealth Hoarding.
-
1:16:08
Steve-O's Wild Ride! Podcast
2 days ago $2.11 earnedBrandon Novak and Steve-O Avoid Discussion Of Sobriety - Wildride #234
65.6K19 -
4:15:30
GamerGril
16 hours agoWHORDE MASTER RETURNS | DAYS GONE
55.7K11 -
LIVE
Right Side Broadcasting Network
3 days agoLIVE REPLAY: President Trump Delivers Remarks in Prairie du Chien, WI - 9/28/24
4,408 watching -
2:59:48
Jewels Jones Live ®
1 day ago“TARGETING TRUMP’S LIFE” | A Political Rendezvous - Ep. 93
124K53 -
21:20
MYLUNCHBREAK CHANNEL PAGE
20 hours agoThe Palace in Dallas?
114K62 -
59:56
Trumpet Daily
1 day ago $13.48 earnedSwooning for Kamala Didn’t Work - Trumpet Daily | Sept. 27, 2024
93.9K47 -
1:05:58
Tate Speech by Andrew Tate
19 hours agoPETER PAN PEANUT BUTTER ALERT | EPISODE 11
210K132 -
26:51
Michael Franzese
1 day agoThe Moment That Changed My Life Forever...
115K33 -
3:48:28
The Big Mig™
1 day agoRage Against The War Machine Live in Washington DC
92.3K20 -
1:41:25
Tactical Advisor
20 hours agoInaugural Show | Vault Room Podcast
89K16