💰Protect Your Retirement W/ A Noble Gold. IRA 👕Merch: 🤙🏾 Patreon: 👊Paypal: paypal.me/gforemanbcp 💸Cash App: $gforemanbcp 🏃♂️Follow me on Twitter: @gforemanBCP 📷 Follow me on Instagram: ⭐ Wooden American Star: Stephen Moore ask woke millionaires to put their money where their mouth is at the Patriotic Millionaires' press conference Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Investments may decline in value and/or disappear entirely. Please be careful!...(read more)
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In recent years, the term "woke millionaire" has become increasingly popular in the media. These are wealthy individuals who speak out about social justice issues and advocate for progressive policies such as higher taxes on the wealthy. However, it seems that some of these "woke" millionaires are not practicing what they preach. While they may demand that the government "tax the rich," many of these wealthy individuals are not voluntarily paying their fair share to the IRS. This hypocrisy is problematic not only because it undermines their advocacy for progressive policies, but also because it contributes to the very wealth inequality that they claim to oppose. One example of this hypocrisy is demonstrated by the financial habits of famous billionaire Elon Musk. While Musk has been outspoken about his support for progressive policies and higher taxes on the wealthy, recent reports have shown that he has not paid federal income taxes in years. In fact, Musk reportedly paid no federal income taxes in 2018, and his total taxes paid in the years preceding that were significantly lower than what would be expected for someone of his wealth. Musk's story is just one example of a larger trend among the wealthy who promote progressive policies. While these individuals may claim to support higher taxes on the wealthy, they often find ways to avoid paying their fair share. This is not only morally dubious, but it also contributes to a system of inequality that disproportionately affects those who are less well off. Of course, it's important to note that not all wealthy individuals fall into this category of hypocrisy. There are plenty of millionaires and billionaires who do pay their fair share or even actively support progressive taxation policies. However, the fact remains that many of those who speak the loudest about these issues are not always practicing what they preach. So, what can be done about this? For one, it's important to call out this hypocrisy whenever we see it. Wealthy individuals should be held accountable for their financial habits, especially when those habits contradict their public statements on progressive policies. Additionally, we need to continue pushing for more progressive taxation policies that ensure that the wealthy are paying their fair share. This includes closing loopholes that allow wealthy individuals and corporations to avoid taxes, as well as increasing the top marginal tax rate. In conclusion, it's clear that there are plenty of "woke" millionaires out there who demand higher taxes on the wealthy, but are not practicing what they preach. This hypocrisy needs to be called out and held accountable, especially as we continue the push for more progressive tax policies. https://inflationprotection.org/woke-millionaires-urge-tax-the-rich-but-decline-to-pay-their-fair-share-to-the-irs-willingly/?feed_id=98134&_unique_id=64637d81a676b #Inflation #Retirement #GoldIRA #Wealth #Investing #blackconsersative #blackconservativeperspective #news #politics #taxtherich #taxtherichmillionaires #RolloverIRA #blackconsersative #blackconservativeperspective #news #politics #taxtherich #taxtherichmillionaires
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