The Stock Trading Reality Podcast

Our Profits Are "Unearned"? Liars


Listen Later

I know I've covered this topic before, but as long as the media pushes such narratives driven by insanely biased "studies", I will be here to explain reality. This is not a matter of whether or not I believe you understand how things work, but rather, I want to share with you a simple explanation process to share with those you come across who believe these lies. According to a new Oxfam study, lots of the money being made is "unearned" and it should be taxed at higher rates because of this. Have you ever heard this argument from someone? "Those people aren't even doing anything and yet they're making more money! AND, it's taxed less???" That's theft! That's why the system needs to be ripped down! I wish I could say I was throwing up a strawman argument, but as you'll see as I read from the study, this is the exact argument being made. Let's take a stop back (along with a deep breath) and walk through why this line of reasoning is such a lie and therefore, easily, explained/debunked.
...more
View all episodesView all episodes
Download on the App Store

The Stock Trading Reality PodcastBy ClayTrader

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

328 ratings


More shows like The Stock Trading Reality Podcast

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

228,756 Listeners

CNBC's "Fast Money" by CNBC

CNBC's "Fast Money"

1,358 Listeners

Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

810 Listeners

The Option Genius Podcast: Options Trading For Income and Growth by Allen Sama

The Option Genius Podcast: Options Trading For Income and Growth

178 Listeners

B The Trader by Alex B

B The Trader

361 Listeners

Stock Trading for Beginners by Tyler Stokes

Stock Trading for Beginners

63 Listeners