Wed, 28 August 2019
Jason Hartman begins today's show discussing the ongoing phenomenon on Wall Street of people investing so much money into IPOs when the company has proven that they don't have a business plan that works.
Then Jason talks with Phil DeMuth, co-author with Ben Stein of the book The Overtaxed Investor: Slash Your Tax Bill & Be A Tax Alpha Dog, about how investors can set themselves up for a lower tax bill. Phil and Jason also discuss the idea of investing in Opportunity Zones and why Phil is so passionate against the Secure Act.
[2:20] There's a cottage industry spinning off of Airbnb of tech companies telling municipalities which properties are violating their ordinances
[8:39] The ridiculousness of the stock market and tech startups
Phil DeMuth Interview:
[13:55] How are investors being overtaxed?
[18:18] Generating tax liabilities by trading
[22:35] Make sure to put your growth asets in your taxable account
[26:14] Phil's thoughts on Opportunity Zones
[28:58] Why the debate over the Secure Act is important