Why The Rich Keep Getting Richer In The U.S.

[@NicholasBall130]

One valuable lesson I’ve learned from billionaires is the importance of putting your money to work and diversifying your investments. This year, I plan to invest about $30,000 of my savings in stocks, and I'm hopeful it will bring in profits.

[@StocksWolf752]

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@LiaStrings]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@cowell621]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@LiaStrings]

Her name is Rebecca Nassar Dunne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

[@VictorBiggerstaff]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you.

[@samzam4496]

America is a business not a society

[@MrIMCP]

Very true, love it or hate it, thats how it is.

[@rushilshah7149]

Absolutely

[@henrythegreatamerican8136]

Exactly. And government is not supposed to be run like a business no matter how much "one party" likes to say so.

[@henrythegreatamerican8136]

And the solution is a proper wealth tax on assets so it doesn't affect the majority of us. This will break up the asset monopoly and let more people own stuff without having to go into massive debt.

[@kenfern2259]

there was saying USA is not a country just one big corporation

[@ryanwilliams989]

The United States as we know it is no more. All signs point to 2024 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2023, I've made about $600,000.

[@TheresaAnderson-kf5xw]

Congrats. Your ability to control the whole risk profile of your investments and prevent irreversible capital loss will be your actual financial unlock. A plan must be in place to take advantage of opportunities to profit when they arise.

[@hunter-bourke21]

When you first start off, you should get advise from a fiduciary counsellor if you don't want to crash and burn. They adopt a profit-driven approach based on individual risk tolerance because their entire skill set is built on simultaneously trading long and short.

[@maggysterling33254]

@@hunter-bourke21Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

[@hunter-bourke21]

The decision on when to pick an Adviser is a very personal one. I take guidance from *Izella Annette Anderson* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@hunter-bourke21]

Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

[@pedropascual8726]

Lobbies= bribery=corruption

[@maxmaxie1328]

Bob Lutz

[@DC-qn4wz]

Another propaganda by the leftist news media. Borrowing against your asset ($200B in Elon Musk's case) is NOT an income - it's a loan! When stock options are vested, it is taxed immediately. Also, inheritance is taxed when it goes above the threshold, which is $13.61 million per individual or $27.22 million per married couple. So anything above the threshold is heavily taxed, and in Musk's case virtually all of his $200B asset will be taxed at the maximum rate if he is no longer with us now. It also conveniently didn't mention that in 2021, Elon Musk paid about $11 billion just in federal taxes.

[@DC-qn4wz]

Another propaganda by the leftist news media. Borrowing against your asset ($200B in Elon Musk's case) is NOT an income - it's a loan! When stock options are vested, it is taxed immediately. Also, inheritance is taxed when it goes above the threshold, which is $13.61 million per individual or $27.22 million per married couple. So anything above the threshold is heavily taxed, and in Musk's case virtually all of his $200B asset will be taxed at the maximum rate if he is no longer with us now. It also conveniently didn't mention that in 2021, Elon Musk paid about $11 billion just in federal taxes.

[@tomjeff8262]

dem/leftist want bigger gov, more power to politician, more to sell for politician.

[@davidbeppler3032]

Good point. Tesla does not have Lobbyists. So... how can Tesla that also does not pay for advertisements have the best selling car in the world?! Impossible!

[@readwell123]

My wife and I, who are both 54, are really concerned about our future because food and petrol prices are going up every day. Our savings have been depleted due to the skyrocketing cost of living, and we are unable to replenish them. We are able to survive, but we are unable to advance. I send my sympathies to anyone retiring during this crisis-30 years of uninterrupted effort for a corrupt system that robs you of everything you've earned.

[@HaticeValerie]

I would suggest that you study more about passive index fund investing because I am a fellow retiree who can sympathise with your struggle.

[@HaticeValerie]

When I first started hunting for a reliable passive income, I had my share of ups and downs, so I sought the advice of a knowledgeable advisor.

[@HaticeValerie]

When I first started hunting for a reliable passive income, I had my share of ups and downs, so I sought the advice of a knowledgeable adviso.

[@HaticeValerie]

When I first started hunting for a reliable passive income, I had my share of ups and downs, so I sought the advice of a knowledgeable advisor.

[@HaticeValerie]

When I first started hunting for a reliable cash flow, I had my share of ups and downs, so I sought the advice of a knowIedgeable portfolio manager.

[@maxmaxie1328]

2019 CNBC > Tesla is burning cash Bankruptcy is looming 2024CNBC> Elon Musk being richest man is danger to society 😅

[@DK-qf6pr]

Still burning cash

[@davidbeppler3032]

2030> Elon Musk declared the president of Earth.

[@maxmaxie1328]

@@DK-qf6pr Review your Information source👈

[@wallaceisking]

@@davidbeppler3032 I was just thinking the same thing... and its trending that direction. no joking...

[@arthurmorgan332]

2019 CNBC > Tesla is burning cash Bankruptcy is looming 2024CNBC> Tesla market cap halved 2024elonsimps> waah waaah

[@solo_yx]

i wanted to watch a video about how the rich is getting richer. instead i got a elon musk and political video.

[@Lanmiami]

Propaganda because Elon just chipped in $75M to Donald’s presidential campaign

[@CMN1186]

He’s the devil

[@staytuned.263]

This Is a video about that. it's a loophole all of the ultra wealthy use. they just borrow, borrow borrow. while showing banks how much they are worth. Banks Don't care bc either way they want someone to owe money to them. Meanwhile us peasants pay insane interest rates with significantly more limits.

[@sculpt-media]

@@staytuned.263so when you become rich who will stop you from doing same.

[@spooler24]

Then Solo, this why you are where you are. Video explained perfectly why that is. The only question pertains to your understanding...

[@littlebigmarc]

Irs so eager to go after the poor but the rich can avoid taxes. Absolute corrupt system.

[@DjProdigy909]

There was an administration that added IRS officers to go after the rich who cheated the system. Guess who it was….

[@attemptityourself5662]

Actually if you look at their recent prosecutions they're going after corps. I think it was Walmart. One of the big stores, they ended up finding billions in skirted taxes. All those hirings that Republicans fear mongered as "the irs is coming for you" were actually specifically to tackle the immense power of these corps.

[@attemptityourself5662]

Actually if you look at their recent prosecutions they're going after corps. I think it was Walmart. One of the big stores, they ended up finding billions in skirted taxes. All those hirings that Republicans fear mongered as "the irs is coming for you" were actually specifically to tackle the immense power of these corps.

[@SigFigNewton]

False. The increased funding for the IRS is what will make audits of the super rich more feasible.

[@ziZJaJaZiz]

Which class pays more in taxes?

[@amosjsoma]

No one ever talks about what could happen to Musk's wealth if Tesla stock crashed. That's altogether possible as people begin to realize there is no long range future in electric automobiles.

[@rannyorton]

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

[@belljoe]

Biden is worst thing that happened to us

[@dawsondanny990]

TRUMP 2024

[@Natalieneptune469]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

[@belljoe]

How can I participate in this?

[@Natalieneptune469]

Julia Hope Marble is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Dave_East]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@HersderaNilers]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@Agatha.wayne0]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@mthreezo]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@Agatha.wayne0]

My CFA ’Stacy Lynn Staples’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@noahbeaufort]

Thanks, I just googled her I'm really impressed with his credentials. I reached out to her since I need all the assistance I can get.

[@donovantobs]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@Monicamonasky-]

well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

[@rachelonigirl]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

[@kurtKking]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@rachelonigirl]

*''TRUDY ELIZABETH STOUFFER’'* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market

[@kurtKking]

Thank you for sharing. I just scheduled a phone call with her. She seems proficient considering her résumé.

[@hannahbrownnn]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@jessieyoung-szn]

I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.

[@JanAlston-kd6yl]

I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

[@KevinEvans-mq4ob]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Humble-1donttouchmyshiit]

How RICH DO 1 INDIVIDUAL HAVE TO BE SHEESH GREEDY A$$

[@WillPerry-b7r]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*

[@WillPerry-b7r]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@LouisRichard-ri4mu]

I know Mary, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

[@AndreasPoland-rm4zv]

Interesting! But I'm new here. How can I get to this person's guidelines??

[@WillPerry-b7r]

She mostly interacts on Telegrams, using the user-name,

[@WillPerry-b7r]

Marypete79💯..that's it

[@MagdaleneM-f3q]

Bring Julianne Iwersen Niemann on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.

[@YadaniL-g8k]

I’ve heard of her How can i reach her, if you don't mind me asking?

[@KentBrono]

⁠ her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@YadaniL-g8k]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get

[@elmanmammadzada41]

*SCAM ALERT*

[@desiv1170]

I think the reporter who thinks there are a large number of Americans who think they might get to $1M a YEAR in salary is a bit unrealistic. Net worth, maybe, but yearly salary?

[@thomasthereal4067]

Don't underestimate Big Tech's Salary

[@desiv1170]

@@thomasthereal4067 Not saying it can't ever happen. Just that it's not going to be a lot of people... ;-) I'm not talking hundreds of K per year. I'm talking $1M per year in salary (not stock). That's just crazy...

[@Pencil-o1p]

They’re exaggerating it.

[@rinmartell2678]

@@thomasthereal4067Still, how many employees get to work for a tech company and earn 1 million per year?

[@franksonm]

The reporter is spot on actually. Most poor Americans don't see themselves as poor (especially the whites). They see themselves as soon-to-be rich.

[@mrcommenter-z1b]

funny how the rich getting richer was never of interest to CNBC before Elon

[@Guacjose1008]

Search “cnbc rich getting richer” you’d find plenty of videos years old arguing similar if not same talking points as this video.

[@kyzman9675]

You still missing the point. I don't care Elon needs to pay more taxes. It's blown my mind how you guys keep defending rich people 😂

[@zacharybohlman4069]

Elon isn't on your side

[@soup-nazi6824]

​@@kyzman9675If you gave 100 people 3 million dollars most kf them would be broke within a couple of years-most people are bad with money...

[@soup-nazi6824]

If you tax the rich too heavily-they leave for 0% tax havens like Dubai & take all of their money with them after shutting down their businesses & letting go of staff...BAD IDEA!!!

[@Bako-b8j]

What sets top investors apart from the rest? I've got $385K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.

[@SarahTaylor_]

You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.

[@DavidLucas-so8rr]

Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@trazzpalmer3199]

You seem to know the market better than we do, so that makes great sense. Who is the guide?

[@DavidLucas-so8rr]

"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

[@RobertBrown..]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@chesterpoindexter7594]

"Why are you cheering, Fry? You're not rich." "True, but someday I might be rich, and then people like me better watch their step."

[@MagdaleneM-f3q]

With around £120k invested in tech/TSLA stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

[@KentBrono]

Prioritize two goals: strategically sell stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.

[@TinaMyles]

Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

[@YadaniL-g8k]

That's incredible. Could you recommend who you work with? I really could use some help at this moment

[@KentBrono]

"Julianne Iwersen Niemann" a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@YadaniL-g8k]

I’ve just looked up her full name on my browser and found her webpage, very much appreciate this

[@Manipulator906]

This video is a perfect example of how to perform a political hitjob on a certain individual but package it in a way to make it look like an informative video.

[@enthused7591]

Socialists. The crazy thing is the reporters themselves are so brainwashed, they don't even understand they're 100% objectively wrong when narrating the video with the script their producers gave them.

[@angloblaxon]

Really. His pay packages were voted in. Get over it cnbs.

[@davidbeppler3032]

@@angloblaxon I voted for it. He did the impossible. GM should change Mary Barra's pay package to stock only. If GM sells 10 million EVs for a profit per car by 2030 she gets 1,000,000,000 shares of GM. If they sell just 9,999,999 cars, she gets nothing. GO!

[@CreatingCreations]

Was born poor, and I’m slowly working my way out and this whole idea of punishing people for creating wealth is disgusting. I’ve seen from experience, the only way to be truly poor in America is by laziness of some sort.

[@dfdf-rj8jr]

I absolutely agree with you.

[@ItsBondoBaby]

Elon Musk paid $11 Billion in taxes - the highest amount ever by any individual - in 2021. You spent a lot of time talking about how he got rich, but I guess you just forgot to mention that part? Must have run out of time huh? Honest mistake I’m sure.

[@AbhishekSingh-jf7co]

It's not elon musk! The taxes are paid by his companies. And also founders and company both are different and u can't treat them equally!

[@ItsBondoBaby]

@ no, they are not, and you’re talking out of your ass. Elon Musk exercised stock options and PERSONALLY paid income tax on those options. Just look it up before commenting.

[@AbhishekSingh-jf7co]

@@ItsBondoBaby Fanboys of the richest person on Earth are spinning bogus tales that swell the Musk fortune and embellish his ‘genius.’

[@AbhishekSingh-jf7co]

@@ItsBondoBaby Musk scored a disinformation two-fer. He could position himself as a “man of the people” by palming off a clear-eyed business decision as a victory for economic democracy. Musk also, by publicizing the tax bill on his stock trades last year, could claim that our current rotten tax system actually does tax the rich. In fact, Musk typically pays only a tiny share of his huge annual income in taxes. In one recent year, Musk paid nothing at all in federal income tax.

[@zakariamoshi]

The problem isn’t taxes; it's the waste, like on wars. Private organizations use resources more efficiently than the government.

[@YoelRekts]

this video is straight gas lighting get some buttquoin

[@tiefblau2780]

Why is it so hard to believe that you also Choose to do nothing? So now if I say create a company and make it successful. What will you do? Oh right the 401-retirement plan, and and what did you spend that on? Oh yes Dihorse there goes 50% and then I want a house, lets not forget the Anniversary. You see Opportunity, I see cost?

[@YoelRekts]

@@tiefblau2780 Bitcoin fixes this

[@jaimel8219]

@@tiefblau2780 -> this guy or gal gets it.

[@eldowns]

Is this gas lighting in the room with us?

[@tiefblau2780]

You do what you need to get by ... Thats playing it Safe ... so are the 401 and you know what comes to you at your Front Door? Something that doesnt have 401, so go ahead make your choice. Its Ok to play it Safe ... But How Safe?

[@Southeast_Asian_Devil]

We're watching a documentary produced by envious people who know they cannot become trillionaires so they want to make sure no one can.

[@francisikwueme1688]

Exactly they are mad at others creating revolutionary companies making products and services that change the way we live. Not to mention creating millions of jobs domestic and international. Making employees super rich with stock options and including the public that chose to invest . Loser mentality on display

[@Rad_Thibodeaux]

CNBC hates Musk 😂

[@fluxcapacitor1621]

Conservatives hate facts.

[@air.internetH2O]

CNBC owners is blackrock Larry fink.

[@lollypop00p]

Good

[@edcfyau]

This video is trying to support kamala harris tax policy. Instead of antagonizing self made billionaires we should go after corrupt politicians. Nice try.

[@sculpt-media]

They are democrats shills.

[@JDWBS]

Nothing wrong with that. The video is speaking straight facts.

[@ramonblackz7020]

Bro said Self Made Billionaires smh that's Why ppl get Scammed so easily this really shouldn't be

[@robertlembo]

Who do you think is paying the corrupt politicians...? 🤨

[@anirudh_s17]

“Self made billionaires” 😂😂😂😂😂

[@Ocxmusic]

Why are we angry at someone bc they took a risk that could’ve gone bad but it paid off?

[@jasonshuler6855]

To convince the smooth brains the capitalist is evil not the politicans that funnel billions into the big war machine for kickbacks.

[@CatchMeOnPort8080]

Elon was paid 55 billion for growing the company's market cap by 700 billion. It was a great deal for shareholders

[@joelblanco1800]

The company is worth half of that actually

[@CatchMeOnPort8080]

@@joelblanco1800 Then you should short it. Good luck

[@cherylcressey]

I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction

[@ivonnemichael5680]

Both stocks have a long term potential, The most important thing is the ratio of the distribution based on the financials of each company. There are many other companies that are also doing well. You could just hire a financial advisor to guide you. A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot

[@cherylcressey]

I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one

[@ivonnemichael5680]

Gabriel alberto william is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

[@cherylcressey]

Thank you for the recommendation. I'll send him an email, and I hope I'm able to reach him and connect

[@hyronharrison8127]

Dont do it now. Any ai stocks are over inflated and are hanging by flaps of skin. Also, these companies happen to be whats holding up the economy. I say don't buy now, however, keep an eye out for a shorting opportunity for when the bubble bursts...

[@ninehundreddollarluxuryyac5958]

A billion is spending $1,000 every day since Jesus and having over 600 years left. A trillion would be spending a million every day since Jesus. The number of Americans unable to afford rent has greatly increased to pay for this. Every homeless person I know works a job that doesn't pay enough for rent.

[@230k19]

You could also put it as a dollar a second for 32 years

[@230k19]

A million is a $1 per second for 11 days.

[@timmiet47321]

Rather than whine, put in more work and less mouth.

[@skierpage]

​​@@timmiet47321 Your callous dismissal of the poor is disgusting. If you work hard at most jobs in the USA, you will never own a house, because the wealth that you produce goes to rich people as explained in this video.

[@bradleygraves5915]

Yeah, you don't know a single homeless person who works. Or math. Try again.

[@sergiomessina2037]

So Elon Musk has single-handedly changed the way auto manufacturers are looking into the future using clean electric cars versus what we've had for over 120 years. He's also on the verge of curing blindness and helping quadriplegic and paraplegics with his neural link technology. There's a whole bunch of other stuff going on too, but Let's keep this simple. What have all the others done to deserve their wealth?

[@franand]

People complain yet they keep buying from Amazon, keep buying Teslas, keep buying LVMH products etc. All stuff you can live without.

[@heesingsia4634]

What about unrealized losses? If I lose 1 million in value of what I invested in and my taxes are 600k, does the government repay me 400k worth of tax money?

[@mikeg9b]

"The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 percent." (2021 IRS data)

[@skierpage]

So what? The key point is the increase in the wealth of the country is going to rich people, not the majority of its citizens.

[@Ryan-093]

that's earned income. which is totally different from wealth accumulation. there isn't a single billionaire who got there from earned income. not one.

[@willythemailboy2]

@@Ryan-093 There are, but not many. People like Michael Jordan, Lebron James, Cristiano Ronaldo, Tiger Woods, Oprah Winfrey, Taylor Swift.

[@raybod1775]

@@Ryan-093 Elon Musk, Jeff Bezos and all the wealthy in Silicon Valley earned their money by hard work.

[@dennistlc]

Maybe if you look at the income and wealth of the top 10% then compare it with their tax contribution to the society, we might see a different picture. Hiding behind the top 50% is typical.

[@aucontraire1986]

We should want to live in a country where the rich can get richer, it’s just that the disparity and inability of the working class to catch up is an issue.

[@ObstaclestoOpportunities]

that issue is the working class not buying assets. The Asian Americans do great for themselves financially in USA, they are Americans. It is the issue of the rest not having the habits to do right for themselves.

[@KumarPawar4]

If you get a $ 1 million /year salary, it'll take you 1000 years to just achieve $1bill. Of course, I am oversimplifying for demonstration purposes here.

[@staytuned.263]

Thing is you can still play the same game these UHNI play with that much compensation.

[@crayonsukrou913]

Those billionaires may "worth" billions of $, but they certainly don't have billions in their bank account. If they ever try to sell their shares in large number, the price will *plummet.* Furthermore, the market cap of tech companies in the US are generally 20+ times their actual value. Which greatly inflated the worth of tech billionaires (Musk, Bezos, Zuck, etc). If Tesla is not tech company but consumer goods company, it would probably valued at ~1/20 of its current value (~$32 B), which is still a massive multi billion $ corporation, but nowhere near its current astronomical market cap of ~$650 B.

[@KumarPawar4]

I don't understand why taxation on wealth is difficult. People say that the money is not realized , so why not just take the appropriate share of the asset as a tax?

[@enthused7591]

@@KumarPawar4 Because that's called stealing. You don't have to believe the make-believe nonsense your peers all believe. People get rich because you insist on buying they stuff they've been innovative enough to provide to you. Do you boycott Amazon because of your jealousy and envy of Bezo's net worth, or do you enjoy 1 day shipping and getting stuff for 50% cheaper than other places will sell it to you for? Time to wake up and be an adult, wealth doesn't make people inherently greedy, it's the people like you who think they're entitled to their money who are the actual greediest people on the planet.

[@scottandrews947]

@@KumarPawar4 It's not difficult. The government is controlled by the wealthy. That's why it doesn't happen.

[@skimssummerdresses5716]

I don’t feel bad for the poor. Y’all complain oh we’re being taxed we’re so poor, but go home and do nothing. Build a business then if your tired of being broke

[@T_Time_]

Bot

[@Sergio.Barrientos]

Simple answer… compound interest. If you are already rich, you must be very special to not get richer every year.

[@paulyu9371]

CNBC never mentioned Elon Musk paid the biggest tax bills ever 😂

[@davidbeppler3032]

Yep. Elon paid more in taxes in one year than Warren Buffet did in 50. Elon does not dodge taxes.

[@ExcessumGaming]

feels like hit piece .

[@bp8220]

You clearly didnt watch the entire video pauly. They said he leverages the buy borrow die model that most elites use where they leverage their assets for low interest loans so they effectively get to use their assets without having to "realize" their gains. The tax rate isn't even close to proportionate to that of a low or middle income person.

[@pj9902]

@@ExcessumGamingit is

[@sbk2207]

Even if he paid only 1% while others paid 50% he would have the biggest tax bill other than his fellow billionaires. Raw amount doesn't matter. Percentage is what matters. Also we know you are one of Musk's bot 😂

[@vicegripp]

There shouldn't be anyone worth over $1 billion...... no one needs 1,000 millions... CERTAINLY no one needs 1,000 BILLIONS ...... society is broken.

[@justinratcliffe947]

Exactly. There was never a need for billionaires and we sure as hell don't need trillionaires.

[@olayemiabimbola611]

It is funny that this clowns basically forgot to mention that Elon Musk paid billions (almost 12 billion dollars in 2021-22) in tax.

[@davidbeppler3032]

Yep. Elon paid more in taxes in one year than Warren Buffet did in 50. Elon does not dodge taxes.

[@KingRat71]

What is funny is that you likely pay for more in taxes (as a percent of your income) than Musk does and you are defending him. Adam Smith, Warren Buffet, Jamie Dimon and numerous others believe the rich are vastly undertaxed and that it is unfair to society.

[@thecapone45]

The great majority of Americans would be well off if they placed $1,000-$2,000 in the SP 500 index at 18 and left it there for a minimum 10 years. If the ultra rich can gain from the stock market, the everyday person can as well.

[@ronkirk5099]

Regressive tax structure and corporate welfare have allowed this to happen and at the same time contributed to the exploding national debt. We have had much higher taxes for corporations and the obscenely rich in the past and it didn't destroy the economy.

[@brittonjohnson6855]

Thank you! Someone saying the quiet part out loud.

[@ObstaclestoOpportunities]

They pay more taxes than you: "The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 percent." (2021 IRS data)..now you are saying more? you just want to steal legally.

[@pimisi]

Why are people angry at a man who took risks, made great decisions, and invested to earn the rewards for his efforts? Are they suggesting he should have just sat back and done nothing to avoid becoming as wealthy as he is? He didn't steal from anyone; he worked hard for his money and made investments when necessary.

[@francisikwueme1688]

Very puzzling

[@enigmathegrayman2953]

Meanwhile I went from a hundredaire to a thousandaire…..

[@bobagowoof]

Congrats bro, keep it up! That is much harder than going from thousand to ten thousand imo.

[@ThePeterDislikeShow]

@@bobagowoof I went back and forth from ten-thousandaire to hundred-thousandaire 3 times before staying at hundred-thousandaire. been working on millionaire for 13 years now.

[@davidbeppler3032]

@@ThePeterDislikeShow I am just buying Tesla stock. Don't care about the price. Just keep buying.

[@jamiek1714]

LOL!

[@firstlast9292]

Spend less time at Hamas rallies and more time working.

[@MK_094]

Musk deserves every penny. What a legend.

[@KingRat71]

Why? He didnt invent Tesla, he bought it. Space X? He re-researched technologies that already existed. Satellitie internet? This technology already existed too. He hasnt invented anything.

[@sbk2207]

Musk's bot identified.

[@MK_094]

@@sbk2207 Sure 😆

[@Raniyanhunter]

The rich keep getting richer in the U.S. largely due to their ability to invest wisely and take advantage of various investment opportunities. Their investments in assets like stocks, real estate, and businesses typically yield higher returns than what the average person can achieve, creating a cycle of increasing wealth.

[@garnold-l5p]

No doubt, the U.S. has the highest number of investors in the world, and I think that's why the U.S. also has some of the best financial advisors in the world, since most of these investors need them to navigate the market thoroughly.

[@Mlanderos-t9e]

I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations

[@Anessa-gibson]

Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.

[@Mlanderos-t9e]

My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.

[@Anessa-gibson]

I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks

[@chad9971]

For those who are "conflicted", vote to tax the rich when you're poor then vote to keep your money when you're rich, it's not that difficult. Why would you vote in the interest of a rich person, it is keeping you from becoming rich LOL

[@bobagowoof]

I can’t vote on principle and not purely self-serving?

[@chad9971]

@@bobagowoof if one's "principle" is causing them harm I'd call that "stupidity". That would be like a slave voting to keep slavery because one day they could have slaves...lol

[@bobagowoof]

@@chad9971 i understand this is a difficult concept to grasp

[@sarkaranish]

i dont wanna be rich, i wanna live comfortably

[@air.internetH2O]

​@@sarkaranishto live in comfortableness. you need a good neighbors (middle class to upper class)

[@windsong3wong828]

Trump would be cutting taxes for the rich. The burden of the taxes would be on the average earners and the poor. The rich would save more and the economy would have more monies for businesses. USA is a free economy that rewards the wealthy.

[@jamesowens7176]

HIs pay package was 100% performance based! Each tier was tied to CRAZY milestones, yet he achieved all of them! The shareholders voted for the package, because it was a bet that Elon could deliver - AND HE DID! If he becomes the world's first trillionaire, it's because he's taken HUGE risks and works his ass off constantly. In turn, the US get electric vehicles without buying them from China, including American batteries. We get grid-scale energy storage a decade earlier than we would have. We get autonomous vehicles that aren't geo-fenced. We get rockets that land themselves. We get a lunar lander for 1/2 the cost of the competition. The ENTIRE world gets internet, even in the middle of the ocean or up in the air. And some quadriplegics can operate computers with their minds! The one man that set all that in motion, that built the companies with low bureaucracy that the brightest talent wants to work for, that constantly makes the impossible merely late - THAT guy deserved to be the first trillionaire!

[@ObstaclestoOpportunities]

Plus it was not pay package it is compensation, which he has to buy the shares, the reporter or person speaking made it seem as if he was paid in money. He even stated is was in cash which is inaccurate. SMH Great job on the news to get a basic package wrong.

[@ViksterG]

Exactly! Most billionaire's are useless. But heck Elon is definitely isn't most. He's singular.

[@PhilomathAstrowizard]

Make it make sense, how it’s sensible that Elon gets to make $56B but also laid off thousands of people creating a ripple effect on the economy?

[@kortyEdna825]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

[@PatrickFitzgerald-cx6io]

Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.

[@KaurKhangura]

Asking for advice or assistance from a consultant or investment coach is the best line of action if you lack market understanding. Even though it sounds cliche or apparent, talking to a consultant has helped me stay afloat in the market and increase my portfolio to roughly 65% since January 2023. That, in my opinion, is now the most successful strategy for entering the market.

[@Justinmeyer1000]

Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.

[@KaurKhangura]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@Justinmeyer1000]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@dengaz4099]

tell me youre making a kamala voting video without telling me youre making a kamala voting video

[@sanjtendo]

absolutely biased and pathetic journalism. Tax on unrealized capital gain tax is pure nonsense. what happens when their shares go in loss.

[@workandplay717]

If shares go in loss then it’s on you

[@krzysztof3546]

When shares go into loss, the IRS should pay taxes on unrealized gains to shareowners :)

[@AK255.]

exactly

[@alexander_sinclair]

Poor people defending the rich is funny to me. They are basically saying "don't give me a raise keep the money for yourself".

[@alfredoalcantar8691]

no is not it his money. i can tell the whiteliberal that you have

[@alexander_sinclair]

@@alfredoalcantar8691 well since you're giving out money you can send me a check every month then it will be my money

[@FrankBenjamin-l3b]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

[@LucyVade]

I want to start too but i don't know how..

[@FavourGift-en6en]

Lol, what strategy do you use please?

[@4lovehenry]

Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..

[@FrankBenjamin-l3b]

Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia karen

[@chinyerejoseph8004]

Nice to see you talking about her, sHe is really amazing, she has amazing skills, she changed my 0.3 BT C to 1.9 BT C ......

[@saulgoodman2018]

You cannot tax wealth. The constitution say's you can't. Wealth and income are not the same.

[@aaronrunkle]

Property taxes are already a tax on wealth

[@saulgoodman2018]

@@aaronrunkle That is different.

[@rcnightlife9611]

You only live once so share the wealth and help the poor like a good person.

[@mds7537]

He brilliant. Even building cheaper taxis and buses for citizens. Even free internet for disaster relief.

[@LKH98]

What about top 10/20% why didn’t y’all show the in between top 50%? 😅

[@staytuned.263]

there is a wealth inequality gap thats unfathomable to most. not sure showing it in a diagram would help. just know it exists. there are still people who can afford the American lifestyle and then some but very few man.

[@EternalScreams]

Whole world is tied to English and Dollar, That's the Only thing I know

[@JimBarcelona]

There need to be more progressive taxes. If a billionaire is a policy failure, then a trillionaire is a disaster.

[@RamJamSky]

@@JimBarcelona I don’t think you’re meant for the US. That’s ok, not all of us love freedom and opportunity, some of us want equality of outcome, try a socialistic country?

[@firstlast9292]

Hey stupid, what do you think happens when you take a billion from someone who's not spending it and giving it to someone who will spend it? I'll give you a hint. It starts with "infla" and ends with "tion".

[@yellowbox9912]

He lost 44 mil in a day. You’re telling me he’s going to be a trillionare?

[@Havoc0606]

Good for Elon Musk. A generational genius with insane work ethic deserves to be the wealthiest person in the world

[@piroskamuller-middelhof3333]

...and wealthy enough to pay his share in taxes!

[@gregory3155]

need some mouthwash after gargling those marbles?

[@David-bi6lf]

This is sarcasm right?

[@GML_123.]

@@piroskamuller-middelhof3333 hahaha he paid $11 billion taxes in 2021. Do some research before you post bogus information.

[@kostetze]

@@GML_123. Understand proportion? $11b is way less than a teacher pays from his/her income.

[@johngalt3940]

Remember when Wall Street was shorting Tesla? Even bill gates was spending money to short Tesla:

[@awesomegmg956]

For some, watching super rich getting richer causes anger. For some, watching this inspires them to become one.

[@skierpage]

And 99.9% of those inspired people will not succeed, because the 8ncreasing wealth of this country goes to the people who are already rich.

[@awesomegmg956]

@@skierpage doesn't matter. You need a goal in your life. Not in grievance. Yolo, your choice.

[@andrews2441]

@@skierpagemost of them will not succeed because they are incapable or unwilling. Not because someone else is preventing them from success. You’re a loser if you think that

[@pj9902]

@@skierpageput the fries in the bag bro. I started trash pickup service. Make 10k a month now. Just my first 6 months. No sympathy for ppl who just don’t do anything about their situation.

[@skierpage]

@@awesomegmg956 why are you simping for rich people? Over the last ~50 years the rich paid politicians to change the tax code so they can keep more of their money; this video and all economic data shows that they were successful. I'm not aggrieved at entrepreneurs, but at the politicians who were bought off. The majority of voters should vote for progressive politicians who will change tax code back, and ban unlimited political contributions and dark money PACs. I'm rich, and most years I pay an embarrassingly low tax in both percentage and absolute terms.

[@wickershamcraig]

Taxing unrealized gains is insane! Nobody would invest. People don’t realize that when you retire you draw 4% of your stocks to live off of. If the government taxed unrealized gains retirees would be on the streets.

[@ucouco78]

Reagannomics at its finest. The good old days were built on the high tax rate. Everything changed in the 70's

[@Holo-qu6ln]

Your view of the past is imaginary.

[@ucouco78]

@@Holo-qu6ln it isn't my view, it is fact. The good old days were built on the high tax rate.

[@Holo-qu6ln]

@@ucouco78 It wasn’t. There has never been a greater time to be alive. Nobody wants to go back to the days of price controls and inflation.

[@ucouco78]

@@Holo-qu6ln I'm sure the GI bill and interstate highways and the investment in the middle class from the 50's-70's was funded by magic hahaha

[@ucouco78]

@@Holo-qu6ln get a clue. This is one of the worst time periods in wealth inequality, and that is reflected in the state of the country. Moving up in class is more of a myth than ever before.

[@RN-pg3ns]

CNBC execs and broadcasters should pay higher taxes I agree!

[@LeviRobinson270]

There are several ways to make money especially by investing little and making profits in the crypto market. I'm shocked a lot of persons still hold

[@AlexJames893]

Assets that can make one successful in life

[@AlexJames893]

I. Forex 2.Stocks 3.Shares

[@AroShyti501]

​@@AlexJames893You are right.

[@AroShyti501]

But I don't know why people remain poor due to ignorance

[@AroShyti501]

The world is gradually moving out of the I work for my boss era, and people who choose to be entrepreneurs are highly securing a brighter future for themselves..

[@CascadianFyn]

Because we let them. Disgusting.

[@chaunceem]

Because we love giving welfare to corporations and rich people, they use there wealth from there tax breaks, tax subsidies, tax payer built buildings and factories and fulfillment centers, government contracts, government mandates (Auto and Health Insurance) to wag their finger to tell us we need to just work harder and save more.

[@CodingPhase]

no this is not true

[@dinmavric5504]

@@CodingPhase It is very true. The entire Elon Musk persona relies on the government for everything. Tesla, SpaceX simply do not exist without government support.

[@kingsleynwofe1244]

Bro you really need to work harder, you won't regret it

[@timmiet47321]

Your ignorance is as endless as outer space.

[@glostergloster6945]

@@kingsleynwofe1244 Working hard is for suckers

[@2007brittne]

I don't care how rich someone gets as long as they pay their employees fairly.

[@meretricioussimp7759]

fairly is equal to the value they generate. And no one can get rich doing that

[@Philip0128]

Praise to God Almighty!!!! I’m favoured financially with Bitcoin ETFs,.$90,700 biweekly profit regardless of how bad it gets on the economy

[@deloraprange]

Huge! Been trying to trade on my own for a while now, but it isn’t going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?

[@Philip0128]

Well, It's all thanks to Robert Marion

[@Michaeljordan145]

Yeah, Mr Marion Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.

[@scottwilliam4054]

Robert platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not he outperforms. I will forever stay invested!

[@JohnsonAlima]

Spot-on, I would always rate his signals as one of the best ever used 100% accurate.

[@AlexandraGray-t4]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[@MichaelAD222]

Investing without proper guidance can lead to mistakes and losses.

[@ArmraJames0]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@SylviaJoe6]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@ArmraJames0]

Svetlana Sarkisian Chowdhury is my advisor, You can easily look her up, she has years of financial market experience.

[@CaryTriana]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@Jinchuricki27]

I'm curious who this video is really for

[@cadequillion5276]

For the flame of anger, resentment, and frustration that middle class citizens are already in that gets cnbc more clicks

[@enthused7591]

@@cadequillion5276 That's the goal of the socialist democrats these days. Misinform the poor and middle class and convince them the wealthy are inherently greedy, when in reality, it's the people who vote to steal from them that are the greediest, dumbest individuals on the planet.

[@sideshow00]

@@cadequillion5276 No such thing as middle class. Rich or poor (paycheck to paycheck, which is most Americans)

[@nebyeelda5862]

I was offended by the conclusion of the video and I'm not even an American.

[@calc1657]

Why do the rich keep getting richet in the US. Asset appreciation driven by tech innovation and monetary policy.

[@SigFigNewton]

Nope. Mostly Reaganomics shrinking the share of the pie that goes to workers.

[@staytuned.263]

@@SigFigNewton the US government has chosen hyper inflation. as long as they keep borrowing, the market will continue to rise making the gap WORSE.

[@bibby3027]

@@SigFigNewton i think reaganomics falls under the category of monetary policy so u kinda agreed even tho u said nope

[@SigFigNewton]

@@staytuned.263 yup. They should stop borrowing. They should instead pay the debt down with tax dollars taken from the ultra wealthy.

[@SigFigNewton]

@@bibby3027 Reaganomics is more fiscal policy than monetary policy. Economists tend to use “monetary policy” to refer to the federal reserve and its actions (interest rate control and liquidity injections), and “fiscal policy” to refer to the actions of congress (government spending and taxing). When I talk about Reaganomics, I’m talking about stuff congress did with his help. Lower taxes on corporations and the wealthy, laws tweaked to make it easier for industries to merge into oligopolies, harsher treatment of unions to reduce labor’s share of the pie, etc.

[@holdruss6197]

Taxing unrealized gains would destroy the economy

[@Joe-nj8py]

They already have look around

[@bibby3027]

i can’t believe they actually floated that idea as if the billionaire democrat donors would actually be okay with it. All the old money social justice dems sitting on millions in assets would lose half their wealth and would actually have to practice the economic equality that they preach.

[@Maxtee77]

@@holdruss6197 not taxing it have put a burden on the hardworking poor and middle class, look around you.

[@holdruss6197]

@@Maxtee77 No it hasn't. All of that money is being invested into the economy. Once you pull it all out and give it to the government the economy is f-ed. Beware of the Marxist propaganda

[@Misaka-gt5yj]

@@Maxtee77 The irony is you thinking the hardworking poor and middle class would be better off when you let the government, who are obviously bought by the corporations, decide how to distribute that money back to you. It'll be going back to the rich btw because government and corporations are in bed with each other. Government helps pick which businesses to let float or sink (obviously against the free market) and once corpos big enough, they buy government policies and favors.

[@db1418]

It didn't take that conservative long to make a reference in all but name to the idea of trickle-down economics, yet the graphs clearly disprove that total.

[@UnitedCorporationsOfAmerica]

Ending a Rigged Tax Code: The Need to Make the Wealthiest People and Largest Corporations Pay Their Fair Share of Taxes.”

[@Bransor]

They get rich by building their companies, hiring more people, paying better wages, so the employees can provide for their families. Also, they are the ones that take all of the risk.

[@DannyRodriguez158]

For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2023 with $100k and I'm up with $632k in a short period of time. Thanks to Katherine Stewart.

[@SelinaWalken]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

[@HermanPerkins832]

Katherine Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

[@AidenCheatle23]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@Nikolaj.Mikkelsen]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@Heatherwilson470]

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

[@cinhh]

If the loophole is in the law, it's not a loophole but... the law.

[@SgtJoeSmith]

Correct

[@staytuned.263]

agreed, but nausiating to say the least.

[@VinnyLogz]

Meanwhile this is networth, not the actual amount of money he has.

[@chrisfrancis8446]

Taxes on assets and holdings would be tricky. Especially when people's houses become $1 Million in value. You have a million dollars home but you don't really have million dollars unless you sell it. Same to do with owning a company. If you make the company spend all the profits they will be inviting in the company to grow the value. You could just pay more to the employees which would get you the best employees which means your business would grow more. Or just let the government take all the taxes and waste it.

[@fredrickonjiko391]

Why are we forgetting the thousands that the wealthy employee through their innovations. If you want to tax and demoralize them, who will invent new products and services to keep the Capitalist system of America working??

[@parris145]

So if you say tax the rich, basically you believe that tax money will then go to cheaper healthcare, better public schools, improved infrastructure, fast bullet trains, etc. You believe the government will take care of you , I don't…

[@WeilinVideos]

oh yeah sure, the billionaires are going to take care of you

[@AA-xs8mv]

​@@WeilinVideoswhy should they take care of you?

[@raybod1775]

Rich get richer because they’re very smart and work very hard.

[@nicknames5141]

It's because we have no safeguards against exploitative capitalism. You are just showing the slow failing of the US and capitalism. The only incentive to help others if rich is when you can further profit and the goal is to always price goods and services as high as consumers are willing to pay to further that goal. The issue is that it also incentivizes paying as little as possible to make more which is why AI and robotics continue to expand and the pay gap continues to expand

[@nicknames5141]

The end will be when we just "rent" everything and I honestly don't think our legislation is going to stop it since it also allowed the rich to create the housing crisis by buying up tens of thousands of properties.

[@ykl8251]

The super rich create big businesses and provide jobs. These special people work really hard. Why envy them ?

[@mitchio86]

If America doesn't want successful businesses (and they're rich people), please send them over here to the UK

[@dfdf-rj8jr]

Hahaha I know it's incredible how much Americans try to destroy everything that works for them. Universities, companies etc

[@RamJamSky]

Create value, get rewarded. Who are you to decide that it is not fair that Elon gets rewarded… more over, you want to take it away from him? That would be stealing! Haters.

[@dd3711]

exactly, us rich people create jobs. We're always hiring fine bootlickers such as this guy here. You're welcome america

[@RiVer-Parish]

But yet there are millions of people still starving all around the 🌎 😢 Wow!!!

[@GeorgiaMade404]

It’s not his fault. With that mindset you’ll forever be poor!

[@layneparker7408]

Who cares

[@RiVer-Parish]

@GeorgiaMade404 You can't take Money with you when you die.

[@DK-qf6pr]

This election is literally the people vs the billionaires

[@Smarv11]

The man deserves every penny for his contributions to improving society, I hope he does become a trillionaire and inspires more people

[@KevinGriffin-b2s]

When I heard that he wanted billions as compensation because he was essential to the company I realized that Tesla was a poorly run company. No one should be that essential to a properly run business of that size.

[@sunnyrashidov7696]

This is too much, everything should have a limit. Especially, when there so many unemployed and homeless people...

[@WetPets-gl2ts]

They are unemployed and homeless for a reason....poor life choices.

[@David-bi6lf]

​@@WetPets-gl2tsyou don't choose your parents. You think Elon made it from nothing, do some research. Self made is delusional fantasy.

[@maldzmahalko590]

Asians immigrant rarely becomes homeless you know whyyy in fact the even surpass the average middle class and gues what there doing the work that those homeless choose to abandoned

[@justinratcliffe947]

​@@WetPets-gl2tsoh shut up.

[@isquirei]

Title should be renamed to how Elon keeps getting richer.