Scott Galloway
👤 PersonAppearances Over Time
Podcast Appearances
Yeah, I mean, there's different ways to cut the cat there. I mean, my guess is they're getting indirectly a lot of—Bill Gates's kid gets a leg up on a lot of levels economically. But anyways, my point is— let's call it a million bucks. You know, the kid's not going to go hungry. You know, the kid can afford education.
Probably that's going to help in terms of a down payment towards the house, right? Anything above that, you get no incremental happiness. You get none. So, and it goes back to the notion, I think there should be an AMT tax of 50 to 70% on anything above $10 million. because it's not gonna get you any incremental happiness.
Probably that's going to help in terms of a down payment towards the house, right? Anything above that, you get no incremental happiness. You get none. So, and it goes back to the notion, I think there should be an AMT tax of 50 to 70% on anything above $10 million. because it's not gonna get you any incremental happiness.
Probably that's going to help in terms of a down payment towards the house, right? Anything above that, you get no incremental happiness. You get none. So, and it goes back to the notion, I think there should be an AMT tax of 50 to 70% on anything above $10 million. because it's not gonna get you any incremental happiness.
Whereas making forward-leaning investments with that capital to give younger people more of a shot, that gives a lot of people a lot of happiness. But all of this shit is not only giveaways, but it doesn't create any incremental value for anybody.
Whereas making forward-leaning investments with that capital to give younger people more of a shot, that gives a lot of people a lot of happiness. But all of this shit is not only giveaways, but it doesn't create any incremental value for anybody.
Whereas making forward-leaning investments with that capital to give younger people more of a shot, that gives a lot of people a lot of happiness. But all of this shit is not only giveaways, but it doesn't create any incremental value for anybody.
The difference between holding on to 11 million of your 15 million in earnings versus being able to hold on to 9 million of your 15 million in earnings, no incremental benefit to you or your family. There's nothing you're gonna be able to do that you weren't able to do before. It's not gonna increase your health, your wellbeing. It's not gonna lessen any more of your anxiety.
The difference between holding on to 11 million of your 15 million in earnings versus being able to hold on to 9 million of your 15 million in earnings, no incremental benefit to you or your family. There's nothing you're gonna be able to do that you weren't able to do before. It's not gonna increase your health, your wellbeing. It's not gonna lessen any more of your anxiety.
The difference between holding on to 11 million of your 15 million in earnings versus being able to hold on to 9 million of your 15 million in earnings, no incremental benefit to you or your family. There's nothing you're gonna be able to do that you weren't able to do before. It's not gonna increase your health, your wellbeing. It's not gonna lessen any more of your anxiety.
You're just gonna be richer. You're just gonna have a bigger number. What I find so disappointing about this tax bill It's okay. I understand that the top 1%, and in most instances, the 0.1%, want a bigger number, but you're not going to increase the well-being of anybody. You're not going to increase the happiness.
You're just gonna be richer. You're just gonna have a bigger number. What I find so disappointing about this tax bill It's okay. I understand that the top 1%, and in most instances, the 0.1%, want a bigger number, but you're not going to increase the well-being of anybody. You're not going to increase the happiness.
You're just gonna be richer. You're just gonna have a bigger number. What I find so disappointing about this tax bill It's okay. I understand that the top 1%, and in most instances, the 0.1%, want a bigger number, but you're not going to increase the well-being of anybody. You're not going to increase the happiness.
All you're going to do is create tremendous anxiety and despair among those people losing their Medicaid and create additional costs for everybody through higher interest rates because it's irresponsible racking up deficits.
All you're going to do is create tremendous anxiety and despair among those people losing their Medicaid and create additional costs for everybody through higher interest rates because it's irresponsible racking up deficits.
All you're going to do is create tremendous anxiety and despair among those people losing their Medicaid and create additional costs for everybody through higher interest rates because it's irresponsible racking up deficits.
and increase taxation or reliance on government services and nonprofits when all of these people start getting their toes and their fingers cut off because of full-blown diabetes that wasn't arrested earlier in their life or that they didn't get treatment for. So we make the moral argument all the time as Democrats.
and increase taxation or reliance on government services and nonprofits when all of these people start getting their toes and their fingers cut off because of full-blown diabetes that wasn't arrested earlier in their life or that they didn't get treatment for. So we make the moral argument all the time as Democrats.
and increase taxation or reliance on government services and nonprofits when all of these people start getting their toes and their fingers cut off because of full-blown diabetes that wasn't arrested earlier in their life or that they didn't get treatment for. So we make the moral argument all the time as Democrats.
I think we need to start making the economic argument that this is just going to cost us a lot more down the road. All we're doing is creating a fiscal disaster for the government, And for the people who are still going to be around, i.e. 25 percent of Congress will still survive, still be around. And we don't do that. We just scream and cry about the morality of it all.