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Jack Crivici-Kramer

👤 Speaker
4588 total appearances

Appearances Over Time

Podcast Appearances

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

But the truth is that auditing tends to happen to wealthy people because they pay taxes voluntarily, unlike W-2 workers who

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

who pay taxes automatically.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

See, the self-employed, entrepreneurs, the wealthy, people with complex returns, they pay what they decide to pay.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Basically, that's why $700 billion of taxes owed doesn't get paid each year in the United States.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

That much money, it could fund the entire Department of War.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

That $700 billion of taxes not paid is called

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

The tax gap and most of that tax evasion is from people making over a million dollars.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

And that is why each $1 invested into the IRS generates $6 of revenue through audits, according to the Congressional Budget Office.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

And that same $1 in tax collection generates another $7 in deterrence.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Yet he's had all this up.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Audits and the fear of audits is how our country gets the wealthy to pay their taxes that are due.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Well, if we run the government like a business, I would be giving the IRS all the money they could possibly want.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Yeah, if we had a T-boy channel on like some social media, even if it was like over in China that was getting $7 for every dollar we put into it, we would be loading that thing up with budget.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Plow every dollar we have into that channel.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Besties, it's because the ROI on the IRS is the best investment in our economy.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

$1 spent brings in $13.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Jack, could you whip up the takeaways for us for ceviche Wednesday tax day?

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Amazon acquired a constellation of satellites and an Apple deal to catch up with SpaceX.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Because Starlink's margin was Amazon's meal.

The Best One Yet
🥯 “$hmeared” — VC loves bagels. Amazon’s satellite splurge. ROI on the IRS. +ZuckClone

Pop-up bagels is now worth $300 million thanks to Tiger Global, which usually invests in tech hyperscalers.