Professor Scott Galloway
👤 PersonAppearances Over Time
Podcast Appearances
revenue with the doge cuts and by the way who really benefits from that very wealthy people have complicated tax returns it's easy to audit someone from a lower middle class home who's not going to get audited are the very wealthy households and i can tell you firsthand that the general gestalt among the very wealthy right now is be so aggressive because it's unlikely you'll get audited because your tax return is so complicated that it takes real resources and the irs
revenue with the doge cuts and by the way who really benefits from that very wealthy people have complicated tax returns it's easy to audit someone from a lower middle class home who's not going to get audited are the very wealthy households and i can tell you firsthand that the general gestalt among the very wealthy right now is be so aggressive because it's unlikely you'll get audited because your tax return is so complicated that it takes real resources and the irs
revenue with the doge cuts and by the way who really benefits from that very wealthy people have complicated tax returns it's easy to audit someone from a lower middle class home who's not going to get audited are the very wealthy households and i can tell you firsthand that the general gestalt among the very wealthy right now is be so aggressive because it's unlikely you'll get audited because your tax return is so complicated that it takes real resources and the irs
is massively underutilized. I think almost everything we do here legislatively has been an elegant transfer of wealth from the young to the old, from the poor to the rich, because the old, quite frankly, have figured out a way, and I know this sounds ageist, I am an ageist, is they figured out a way to vote themselves more money. And think of it this way.
is massively underutilized. I think almost everything we do here legislatively has been an elegant transfer of wealth from the young to the old, from the poor to the rich, because the old, quite frankly, have figured out a way, and I know this sounds ageist, I am an ageist, is they figured out a way to vote themselves more money. And think of it this way.
is massively underutilized. I think almost everything we do here legislatively has been an elegant transfer of wealth from the young to the old, from the poor to the rich, because the old, quite frankly, have figured out a way, and I know this sounds ageist, I am an ageist, is they figured out a way to vote themselves more money. And think of it this way.
Congress has become a cross between the Golden Girls and the land of the walking dead. That's bad.
Congress has become a cross between the Golden Girls and the land of the walking dead. That's bad.
Congress has become a cross between the Golden Girls and the land of the walking dead. That's bad.
What's worse about it is that 75% of them will be dead within 30 years. So are they really that concerned with climate change? Are they really that worried about the deficits? Because when you're 70 years old, the future is a relative term. So what we have is too much short-term thinking, and also, since George W. Bush, we've decided that we can have our cake and eat it too.
What's worse about it is that 75% of them will be dead within 30 years. So are they really that concerned with climate change? Are they really that worried about the deficits? Because when you're 70 years old, the future is a relative term. So what we have is too much short-term thinking, and also, since George W. Bush, we've decided that we can have our cake and eat it too.
What's worse about it is that 75% of them will be dead within 30 years. So are they really that concerned with climate change? Are they really that worried about the deficits? Because when you're 70 years old, the future is a relative term. So what we have is too much short-term thinking, and also, since George W. Bush, we've decided that we can have our cake and eat it too.
We had a fiscal surplus through Clinton Al Gore's proposed budget was going to give us $5 trillion in surplus. George Bush decided to give it all back to the taxpayers, and he decided to do something we'd never done in history. We can go to war, and we can cut taxes. Before that, when we went to war,
We had a fiscal surplus through Clinton Al Gore's proposed budget was going to give us $5 trillion in surplus. George Bush decided to give it all back to the taxpayers, and he decided to do something we'd never done in history. We can go to war, and we can cut taxes. Before that, when we went to war,
We had a fiscal surplus through Clinton Al Gore's proposed budget was going to give us $5 trillion in surplus. George Bush decided to give it all back to the taxpayers, and he decided to do something we'd never done in history. We can go to war, and we can cut taxes. Before that, when we went to war,
We raised taxes because we wanted to say to American consumers, it not only is costing us blood, it's costing us treasure. But when George Bush decided to cut taxes and go to war, it started a downward spiral of deficits or the acceptance or tolerance of deficits that, by the way, both Republicans and Democrats have continued. Biden had $5 trillion in deficits. Trump had eight.
We raised taxes because we wanted to say to American consumers, it not only is costing us blood, it's costing us treasure. But when George Bush decided to cut taxes and go to war, it started a downward spiral of deficits or the acceptance or tolerance of deficits that, by the way, both Republicans and Democrats have continued. Biden had $5 trillion in deficits. Trump had eight.
We raised taxes because we wanted to say to American consumers, it not only is costing us blood, it's costing us treasure. But when George Bush decided to cut taxes and go to war, it started a downward spiral of deficits or the acceptance or tolerance of deficits that, by the way, both Republicans and Democrats have continued. Biden had $5 trillion in deficits. Trump had eight.
So George Washington to George Bush, we had seven trillion in deficits, and one term under Trump, we had eight trillion. And speaking to him about a business, what I do agree with you on, there's a myth that Trump is a good business person.
So George Washington to George Bush, we had seven trillion in deficits, and one term under Trump, we had eight trillion. And speaking to him about a business, what I do agree with you on, there's a myth that Trump is a good business person.