Joseph Lombardi
speaker
429 appearances
1 recordings
1 series
first heard Mar 2025
last heard Mar 2025
Joseph Lombardi’s voice in public audio — every appearance, attributed to the second.
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Appearances
I don't pay taxes, but I use the same loopholes that your donors use and you had 30 years to close it.
It was a very pivotal moment in the election race in 2016.
What they were referring to
which most people are like just right over their head.
What they were referring to was IRS code section 7702.
Think of a trillion dollar industry that the average American doesn't know exists.
How are they making all that money?
Where's all the money come from?
From the .01 percenters.
Think of somebody if they sign a $700 million contract like Shohei Otani to go from the Angels to the Dodgers.
Does he put it in a bank with a $250,000 FDIC insurance?
Does he get a 401k with an $18,000 or $19,500 catch-up or a SEP with a $70,000 catch-up?
No.
They dump that in life insurance.
Well, why?
If I got $700 million, why would I dump it in life insurance?
Well, let's talk about it.
Number one, it is sue-proof.
Remember HIPAA laws because of COVID?
It's illegal for any creditor, even government organization, to know you have this asset.
Showing 221–240 of 429 · page 12 of 22
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