#richest

2025-12-12

What Billionaires Don't Want You to Know about Italy's Economy

youtube.com/watch?v=dQMZR64G_eM

Behind Italy’s beauty (and parmesan) is a radical tradition of cooperatives. In some areas, they make up nearly a fifth of the GDP. We went to Emilia-Romagna, one of the richest regions in the country, to investigate how Italy’s workers built a more democratic economy...

#Italy #DemocraticEconomy #Cooperatives #Parma #Richest #Investigation

Benjamin Carr, Ph.D. 👨🏻‍💻🧬BenjaminHCCarr@hachyderm.io
2025-12-01

How #billionaires took over #American #politics
Concentration of #wealth among #richest is unlike anything in history — and so is billionaires’ influence in politics.
Since 2000, political giving by wealthiest 100 Americans to federal elections has gone up 140 times, well outpacing growing costs of campaigns, a Washington Post analysis found. Roughly 1 in every 13 dollars spent in #election2024 was donated by a handful of country’s richest people.
washingtonpost.com/politics/in
archive.ph/3u28G

Steve Dustcircle 🌹dustcircle
2025-10-13
Stuart D NeilsonStuartDNeilson
2025-10-08

"the people in the world have taken another step toward ushering in the toothless, acquiescent future of mainstream they’ve always wanted."

theguardian.com/commentisfree/

masterinvestormasterinvestor
2025-09-26

A tax deduction reduces taxable income, often due to expenses aimed at generating more income. Tax deductions, along with credits and exemptions, are forms of tax incentives. Deductions and exemptions lower taxable income, while credits reduce tax liability. 
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masterinvestormasterinvestor
2025-09-26

Employees pay about 40% in taxes on average. Self-employed pays 60%. As business owners, we can reduce our tax rate to 20%, and as inside investors, we can lower it to zero, as the law allows us to do. It’s important to understand that our money belongs to us, not the government.
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masterinvestormasterinvestor
2025-09-19

Refer to the cash flow circle diagram, which illustrates the roles in the money game. We can be one or more of the four players in the cash flow circle:

1. Business Owner (right side).
2. Employee (left side).
3. Inside Investor (right side).
4. Self-employed (left side).
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masterinvestormasterinvestor
2025-09-17

Our focus is to acquire cash-flowing assets. Prioritize the assets column. It means investing in financial education and actively managing our own investments. Gaining financial experience comes from hands-on involvement, preventing us from relying on others to invest our money.
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masterinvestormasterinvestor
2025-09-15

The cash flow pattern for employees and the self-employed is: Earned Income → Tax → Expense/Invest. In comparison, to us using a corporate entity and investing, it is: Passive Income → Invest/Spend → Tax (if applicable, as investing income and debt can be tax-free under law).
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masterinvestormasterinvestor
2025-09-14

A winning business plan with a lucrative exit strategy is essential. It requires time and effort for comprehensive, thorough research on our specific business. The key terms in business are Cash Flow and Due Diligence. A financial statement and business plan will help us succeed.
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masterinvestormasterinvestor
2025-09-13

Successful business partners collaborate for mutual benefit. They should be generous and share similar values. We work closely with partners during deals, so enjoying our time with them is important. We will communicate frequently through texts, emails, meetings, and calls.
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masterinvestormasterinvestor
2025-09-12

Every business aims to solve a problem. A successful business operates automatically to sell to potential customers. We use the profits to acquire other cash-flowing businesses and investments. Learning to build a business is essential for securing our financial future.
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masterinvestormasterinvestor
2025-09-11

To maximize tax savings, we must understand tax credits and deductions. Credits directly reduce the amount of tax we owe, whereas deductions can greatly decrease our tax obligation by lowering our taxable income. Knowing how to use these can help us keep more of our money.
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AbdeL IGabdelig
2025-09-10

From a $2K startup to becoming the 𝐰𝐞𝐚𝐥𝐭𝐡𝐢𝐞𝐬𝐭 𝐦𝐚𝐧 in the 𝐰𝐨𝐫𝐥𝐝 surpassing 𝐄𝐥𝐨𝐧 𝐌𝐮𝐬𝐤.

𝐋𝐚𝐫𝐫𝐲 𝐄𝐥𝐥𝐢𝐬𝐨𝐧 chairman of Oracle became the world’s man, fueled by Oracle’s explosive growth in and .

youtu.be/MKXyInJuFrA

masterinvestormasterinvestor
2025-09-09

We must understand the relationship between the essential business and investing words in our personal financial statements: 1. Income, 2. Expenses, 3. Assets, 4. Liabilities, 5. Cash, 6. Flow, 7. Buying, 8. Credit, 9. Net. Mastering these words rises our financial intelligence.
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2025-09-09

#Inflation quashed household #income gains in 2024, census finds

The #richest Americans’ income rose, & #women & #Black people lost ground, the data found.

Most Americans’ household income remained steady last year, in part because inflation counteracted gains in income, the US Census Bureau said Tuesday.

But there were some notable exceptions: The richest 10% of households saw their income rise, & women & Black people lost ground, the census data shows.

washingtonpost.com/nation/2025

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