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How Rich People Hide Their Money!

Season 7 Episode 6 | 8m 11s

The US Department of Treasury estimates that the ultra wealthy in America are skipping out on more than $160 billion worth of taxes every year. The wealthy, though, don’t make the majority of their money from working for a paycheck. Instead, they invest their money allowing it to grow by millions and billions. And it’s only when they sell an investment that they actually owe taxes on this wealth.

Aired: 05/21/24
Extras
Prediction markets like PolyMarket and Kalshi are growing fast, but may have a fatal flaw...
Are price controls a way to fix the economy and lower prices?
Many employers offer tax-saving perks, but employees miss out due to confusion or misconceptions.
Is A.I. slop ruining online shopping?
Are data centers going to deplete our resources?
The pros and cons of gift cards.
What is "Job hugging?"
You won't believe the wacky methods people have come up with to predict a recession!
What would the world look like without Landlords?
Is a humanities degree worth it?
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Prediction markets like PolyMarket and Kalshi are growing fast, but may have a fatal flaw...
Are price controls a way to fix the economy and lower prices?
Many employers offer tax-saving perks, but employees miss out due to confusion or misconceptions.
Is A.I. slop ruining online shopping?
Are data centers going to deplete our resources?
The pros and cons of gift cards.
What is "Job hugging?"
You won't believe the wacky methods people have come up with to predict a recession!
What would the world look like without Landlords?
Is a humanities degree worth it?