The Inflation Reduction Act just passed and the question is: Will this actually reduce inflation? Kevin O’Leary was on CNBC discussing how this bill will affect inflation and how we should not demonize success in this country. Anthony Pompliano reacts to Kevin’s fiery take.
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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
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34 Comments
Stop taxing productivity and tax consumption at a flat rate instead.
Tax paid at the time of sale, no need for the IRS, no way to launder money…. because you won't need to.
Kevin is now 1 for 1M on his calls š š¤£ š
How much financial education do these politicians and these program hosts really have ? What a joke. When did a economy thrive while raising taxes? Who has the money to hire and start business's? I vote Kevin Oleary
They Just Changed the Name of Build Back Better.
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None of the people in this video are socialists, I enjoy you're content but stop misleading people for views.
He's a leach on society. If they have to pay their fair share of tax they avoid it by investing in their company to avoid it which creates growth rather than hiding it away off shore.
Kevin's a bottomless greedy sob . This trickle down bs and steady reduction of taxes for the wealthy corporatist over the last 50 years has hollowed out the middle class. They've created jobs alright, in China, India, and anywhere else they find cheap labor. And while we're at it, F democracy in favor of a lying dictator right? Just remember piggies, dictators decide who gets rich and stays rich.
Private vs Govāt.
iPhone vs Obamaphone
Which do you prefer?
I ā¤ļø Kevin
The wealthiest people in Cubs, Venezuela, Russia – are the politiciansā¦. Communist
The only way to stop inflation now is to print one trillion dollars for everyone in China and India.
This Andrew is a total idiot, he keeps yelling ā Is not your capitalā.. of course is not his capital, is the capital of people that took a risk on a manās intelligence to manage that capital. This f..ng communist need to go to Cuba or Venezuela with their ideas
Nobody is demonizing success bro lol and that Congresswoman isnāt a socialist I wish more Democrats actually were socialist.
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Energy rolled over a bit but this bill will make ENERGY more expensive.
I agree with Kyle
This chic is in the middle is over her head!
ASKING YOU TO PAY A FAIR SHARE! NO FORCING YOU to pay taxes. MARXIST mentality and she is oblivious of the fact along with the BLM movement that MARX was a racist(he especially HATED black people). IT'S beyond irony .
Capitalism:The UNKNOWN Ideal by Ayn Rand
Of course it won't lower inflation.
Taxes are also used for affecting behavior; see cigarette tax.
Where was all the screaming about printing money when the Republicans held WH and Congress? Also, are we really this stupid to be worried about over taxing rich people?
That woman saying that businesses should pay their fair share of taxes is such a boondoggle. You have politicians over spending and then suggesting higher taxes (businesses to pay their fair share), which they already do. Businesses follow the tax law created by politicians and if they donāt like that, then they should change the law and watch what businesses do. Leave or stay. High taxes – leaveā¦ fair taxes – stayā¦
The Left is a) anti-family, b) has no values in anything, c) are puppets to the WEF whose goal is "you will own nothing and be happy", d) are all elitists, selfish, and as PROVEN by data (Prof Thomas Sowell and Prof Elliot Friedman) has more harm the racial minorities and the poor than ANY Right politically party
OBAMA – bailed out banks and did NOTHING to help those who lost their homes; the 2008 Housing bubble was CREATED by BILL CLINTON and his wife, HILLARY CLINTON invaded Libya and Obama pulled out of Iraq, which led to ISIS – both of which cause a massive migrant crisis for Italy and Greece – these MSNBC analysts are IDIOTS – tell the LEFT to pay their fair share – ask Professor Thomas Sowell who looks at DATA – his opinion of OBAMA, CLINTONS
The reason for the inflationary bill was to make the markets go up before November so that the Dems can claim victory but any economist knows this is a total false flag and the beginning of the end.
Anthony, Kevin is a grifter and gambler. He like so many other rich people have NO loyalty to any nation. Kevin got shredded in this interview because he was called out. Where is the accountability when things go pear shaped? Thats right, hes got his money, you are screwed.
Goodbye America.
Rich people will always invest. They have nothing else to do with their money. And that's how they make their money. They're not about to cut off their noses to spite their faces.
Don't really agree, capitalism helps the few.
10% flat tax for everyone. Good enough for God, good enough for government. Eliminate 90% of the IRS and taxes can be filled out on the back of a postcard.
Kevin o Leary attended the world economic forums 2022 world government summit this year, talking about the new world orders plan to execute agenda 2030
any dumb move by USA politicians good for INDIA and Indians.
"Politicians and the C. B. Did not learn this lesson"
š broooo. Its by design. They want to bring socialism and the great reset.