Premium Only Content
How Wealthy Billionaires Avoid Income Taxes! Learn the truth about Wealth Hoarding. Pt 2
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.
-
4:44:04
Akademiks
9 hours agoDiddy is RUNNING The Jail! Feds Fear He's Unstoppable even behind Bars! Drake Revenge Era?
78.2K6 -
5:26:52
Fed Reacts
7 hours agoZODIAC KILLER PT 2
49.5K9 -
2:12:41
TheSaltyCracker
10 hours agoMSM Implodes After Trump Win ReeEEeE Stream 11-17-24
203K405 -
4:31
SLS - Street League Skateboarding
10 days agoFuna Nakayama 3rd Place at SLS Sydney 2024 | Best Tricks
63.7K7 -
2:15:24
vivafrei
19 hours agoEp. 236: BARNES IS BACK! Election Recap! Trump Nominees! Trump Persecutions - Wha's Next? & MORE!
235K231 -
6:25:47
SynthTrax & DJ Cheezus Livestreams
18 hours agoDJ Cheezus & DEF JAM Fight for NY on PS2 - Hip Hop Violence and Vibes (1pm PST / 4pm EST)
94.1K4 -
2:01:47
Nerdrotic
13 hours ago $14.15 earnedEgypt, Peru and Guatemala Luke Caverns RETURNS! | Forbidden Frontier #082
81K10 -
LIVE
Vigilant News Network
13 hours agoFDA Approves Trials for New “Pandemic” Vaccine | Media Blackout
2,116 watching -
4:06:21
GamerGril
14 hours agoIM THE GREASTEST OF ALL TIME AT.... CHAOS | DAYS GONE
120K12 -
3:00:18
Due Dissidence
1 day agoTHE PEOPLE VS NATURE by Kevin Augustine - plus a talkback w/ Jimmy Dore
138K20