t_ the labour party has 'ust rolled out wealth ta_ wealth taxes.ry difficult tax to bring in — wealth taxes. it is a very difficult tax to bring in because _ wealth taxes. it is a very difficult tax to bring in because first - wealth taxes. it is a very difficult tax to bring in because first of. wealth taxes. it is a very difficult| tax to bring in because first of all people _ tax to bring in because first of all people are — tax to bring in because first of all people are not used to it. they are used _ people are not used to it. they are used to— people are not used to it. they are used to their earnings being taxed and when — used to their earnings being taxed and when they get wealth they think, i have _ and when they get wealth they think, i have earned less land than being taxed _ i have earned less land than being taxed twice. there is a kind of loss aversion _ taxed twice. there is a kind of loss aversion going on, so we like the idea of— aversion going on, so we like the idea of helping people up the tadder~ — idea of helping people up t

guest: what you are seeing is obviously the median wealth that a white family has an median wealth that a black family has. typically for families of color, black families in particular, a lot of their wealth is tied into their home. -- unfortunately because of the homeownership crisis, many black families are not able to access that wealth, they are not able to access having that within their home, and also they face unfortunate and discriminatory, i would say implications of even

and does britain need a wealth tax ? the britain need a wealth tax? the labour shadow chancellor , rachel labour shadow chancellor, rachel reeves, says absolutely not. we're not going to introduce a wealth tax. we're not going to raise the higher rate of income tax momentum. and other left wing groups are not best pleased about this. as you might imagine . so what you think? do we . so what do you think? do we need a wealth should the need a wealth tax? should the rich taxed more? now, this is rich be taxed more? now, this is a funny one. sadiq khan has put funding towards exclusively lgbt housing projects . so these are housing projects. so these are essentially called free from oppression is what these housing associations say. but is that funding segregation or progress ? and lastly, over to france . ? and lastly, over to france. france has introduced a ban on abayasin france has introduced a ban on abayas in schools . now, these abayas in schools. now, these are dresses, robe style dresses that muslim women , some muslim that muslim women, some mu

guest: you're obviously seeing the median wealth a white family has and the median wealth that a black family has. tip typically for black families in particular a lot of their wealth is tied to their home. unfortunately because of the homeownership crisis many black families aren't able to access that wealth. not able to access having that in their home and also they face the unfortunate or discriminatory, i would say implications of even home evaluations where because they're black, oftentimes their home is valued less than a white family would value their home or a white family's home would be valued and as a result they're unable to attain the wealth they may be deserving to own because of their home. as a result we see these very, very disparate outcomes across racial lines that have insisted, as i said the past few decades. host: did your research or surveying look at the effect of government programs in terms of trying to assist people into black people in homeownership? guest: yeah, i definitely surveyed several different federal policies over a span of decades. however, i thin

you know, what about wealth privilege? like, that's what's holding me back. and we ended up having this multiple email exchange once i validated his his frustrations at the elite, he was able to acknowledge that there's there's ways that that white advantage shows up in our society. so that i think if if people feel heard, there's a much more a much greater opportunity that going to be on board with listening to the pain of other people. and that's what i've tried to do in my work. mm hmm. so, you know, just a couple more, and then we're going to go into some audience. but i do want you to really talk about how you were actually walking the walk because a lot of times people come up with these things, these books and, you know, kind of pimp on the black experience or the social justice experience, etc. . and i hope everybody understands what i'm saying out there. and so, you know, i mean, you know, this question of authentic city and, you know, if your book goes, you know, best seller and etc., etc., you know, going to be a wealthy white man, even rich white

morgan wealth management.ech platform apollo.io raised $100 million in new financing, placing it at a $1.6 billion valuation. investment was led by vane capital ventures with participation from existing investors including sequoia capital, try capital, and nexus venture partners. at a higher valuation then it had before. let's bring in the cio and ventures partner marriott holmer -- hummer. apollo's a great example of a company where ai is adding to the value and utility of customer data but you point out their track record is why you are interested to do this round and at a higher valuation. >> absolutely. we were struck by the fact apollo is growing so quickly and efficiently at scale. more so than the vast majority of companies in the market today, very unusual combination of characteristics that got us excited about the company. ed: tim, you have more than 500,000 companies, millions of users, why do you need $100 million? tim: i feel like it's the perfect time for us to raise money right now. have grown o

and when when he took office wealth is wealth is not done. the form of taxation dries up. and he says to caricature, well, the rich not carrying their burden, not they're bad, but because they're avoiding these excessive tax rates. so he said they don't end up paying their share of the burden. and he says is being diverted into channels yield neither revenue to government adequate revenue to the government nor profit to the people. so he would agree with a bernie sanders that the rich aren't paying enough, but he saw the real reason for it was excessive taxation which focused people's energies on the wrong. so the harding 21 tax cut harding called 1921 tax. it was still a hard slog. it progressive and southern populist who opposed it. they did make changes in the capital gains, did remove the wartime excesses tax but it's still more needed to be done. coolidge pursued in 1924 after he took became president, but was a length considered by many as a duck. ferocious fight. get that 1924 tax cut through if they manage to get the top rate down 57 to 46. but there was a lot of b

we owned half the wealth on the face of the earth in our country. when i traveled abroad with my parents, which i did often. people would come up and say i'll do anything to get your blue jeans, american blue jeans, american bluejeans, american automobiles, transistor radios, rz a victrola, all of these american products. we invented them, we made them and everybody in the world wanted them. when i went to poland as a boy, it was a communist country. the communists didn't want anybody to know that we were there. my father went there against the -- without any invitation. they blanked us out in the newspapers. we went one day to visit the, the cathedral of the black mariah. there was nobody in the square when we went in and there was no newspaper notices. we went to meet the cardinal who was a saint who was a living saint. he had stood up to the communists. he had endured torture in prison, and we spent four hours with him. and when we walked out, there was a million people waiting for us in that square, they surrounded our car. my father stood on to

yes we should levy a wealth tax . wealth tax. >> thank goodness. >> fox thank goodness.it's about time. now yeah, absolutely disagree . i actually disagree on that. i actually think that this becomes a diversion from growing the economy. it's always the same. it's like tax. the rich sounds great and actually , i think great and actually, i think there's a real danger that you end up just bashing the rich. what you really need to do is to have a bigger cake, to use that analogy, right? you don't just kind of divide differently kind of divide it differently and needs to and what actually needs to happen we invest happen is, is that we invest more in avait have an industrial strategy , grow the economy and strategy, grow the economy and i'm afraid that in order to do that, you also going to have some rich people around . you're some rich people around. you're going to want to involve in that process anyone else. going to want to involve in that profors anyone else. going to want to involve in that profor me, anyone else. going to want to involve in that profor me, it anyone

morgan wealth management.make the comfiest socks, underwear, and t-shirts that feel good, and most of all, do good. because when you purchase one, we donate one to those in need. visit bombas.com and get 20% off your first purchase. bombas. elections workers targeted in donald trump's attempt to overthrow the 2020 election, ruby freeman and her daughter shaye moss told the january 6th committee about the ways their lives were upended based on lies for simply doing their civic duty. >> it's turned my life upside down. i no longer give out my business card. i don't transfer calls. i done want anyone knowing my name. i don't want to go anywhere where my mom because she might yell my name out over the grocery aisle or something. >> i have lost my name, and i have lost my reputation. i have lost my sense of security. all because a group of people starting with number 45 and his ally rudy giuliani decided to scapegoat me. >> well, now, the aforementioned rudy giuliani is about to pay up for his lies. after a federal

and will continue to create generational wealth if not for like black poultry, the destruction in the tulsa massacre. of course the conversation about the tulsa massacre reparation for that is ongoing and it's really one of the clearest examples of black wealth that has been purposely destroyed. there are plenty of records that show exactly what people lost. one of the survivors who spoke tour carvers spoke about how her life changed, her economic circumstances changed after the massacre and get there still no ability or desire to end that conversation by saying yes, we owe you something, not just an apology but also financially. the reparations discussion i think is interesting in indian territory because i feel like it did happen and that reconstruction was used as sort of an experiment in land, by his possession for black people but also it's just kind of an example of how racism in the united states works and that it builds on itself even if you get out after slavery, maybe everything you had just blew up because of racist white people and know what do you do what now you have to

the 49 who owns the wealth of the country? well, yeah, you bring up good points because africa, the continent is full of resource rich nations that don't see any of that. well, now we've heard this similar sentiment, this sort of echoing of thomas and carr and me market duffy at the russian africa summit. and most recently, of course, we hear this solidarity with the a to in new year molly and burkina faso, as you mentioned, say that they consider an attack on easier and attack on them. now they also cited concerns of new year becoming like libya. can you outline what that scenario would look like when it's ready? i would encourage your viewers to just go back to 2011 and listen to that due to domina discourses at that time. there is the west this course which said, oh, we are bringing democracy to libya. we ought to protect things, civilians. we are rebuilding it as a more than country for the human rights. we are situated and get into the international community to be a safe place for libya's africans, and for the me, the tr

graph -- wealth gap.hat is the thing, give us the money and then tell us there has been progress or no progress because without giving us the money that is owed, we will be in the system of racism and white supremacy that has kept so many people confused about what is going on. host: here's part of that survey from pew, 58% of americans who say efforts to ensure racial equality having gone far enough. say it is unlikely there will be equality in their lifetime. let's hear from lana in georgia. go ahead. caller: good morning. no, race relations and race in america and georgia has not improved. there is attitude, you still have whites, the educational system is not equal. financial wealth is not equal. case in point. look at our major cities. you see gentrification taking place. no one will just give a black person the type of money that the young white people are getting to redo these neighborhoods. it has not improved, it has been redistributing -- redistribution has just taken place. it hasn't. thank you

to me you saying the idea of americanness test being enterprise and creating wealth. in native americans are looking to survive and what he saying is that with american tutelage for people work capable of working harder, believe they should if they were only given the model and the opportunity. so this is strategic languages and ended free people were very aware that the united states had negotiated for the freedoms the land ownership about the native former slave owners of predict system have aligned themselves with white markings in the definitions of civilization and productivity in a small have been about people toiv the west, we see some of them also using these ideas about native american laziness like a productivity or civilization. and in fact, one of the most famous african-american leaders of the 19th century and really ryabout time, frederick douglass and several speeches were he spoke about how african-american's my prevent piece of the west now the united states should support this endeavor financially but to support this appeal, integrating native americ

and wealth, but more importantly we need - status, the power and wealth, but more importantly we needto make it very clear why we _ more importantly we need to make it very clear why we should _ more importantly we need to make it very clear why we should not - more importantly we need to make it very clear why we should not give i more importantly we need to make it very clear why we should not give a l very clear why we should not give a wrong _ very clear why we should not give a wrong signals— very clear why we should not give a wrong signals to _ very clear why we should not give a wrong signals to china _ very clear why we should not give a wrong signals to china and - very clear why we should not give a wrong signals to china and the i wrong signals to china and the chinese — wrong signals to china and the chinese government— wrong signals to china and the chinese government that i wrong signals to china and the chinese government that they| wrong signals to china and the i chinese government that they will feel it _ chinese government that they will feel it is _ chinese govern

race of immigrants transforming the wilderness into communities and multiplying and adding to the wealth and productive industries of the nation would extend the area freedom. an increase the political powers of the north and part of the people. there dangerously the institution of slavery in a democratic safely and built upon it. so these are good things, right pretty so of course we freedom we want to limit the power of the democratic hypocrisy. but to say these things, but established doing again is putting down native people now in his words here have not utilized the west. so then of course is an educated man and he's familiar with native americans and reformers. a new this land was suffering than it not always been part of the national domains rather had been taken from indian hands. in douglas also knew that the immigration to the region which ancient worsen circumstances for native people. in hidden areas using language of savagery and unification and allegedly like an indian as what might be like after interracial american immigration of my sent box. no while douglas is too spee

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he had generated some wealth, not extreme wealth ever. but he got leased payments that listed my family and allowed my mother to go to college. that is what you can do in places like north dakota and oklahoma etc.. it's not quite the same as pennsylvania and definitely it's in the northwestern states it is possible to settle the surface of the land and that causes so many problems and so much heartache if you are a farmer who owns that land and you have all these oil trucks or pipelines coming through through a oil spill or something like that. obviously it's a collision course can be extreme. i just wondered what memoirs you read in preparation for riding your memoir and what were the most memorable and to you? >> oh i love this question. i have a printout was that i can call them up at any time. i went wild with course and eat. love. it was 2013 when i startedrebv e project and it was very commercial memoir written by women by women who go on journeys and so both of those are wonderful for very different reasons. but they actually are g

green wealth, which occupy almost half of the territory of our country. this is our property given to us by god, and we must not only preserve it, but how diligent the owners should treat it effectively to sell and not miscalculate , we will reorient supplies and cut through the export window to the east. well, all products. eh, go away. from the belarusian market , woodworking products do not linger in warehouses, a prudent approach to each cubic meter or when a person is the owner of the forest, as a renewable resource. now we are here, we are growing 10 million planting material, the closed root system will be a forest of houses, we are returning the fashion for wooden housing. there are in all regional centers and large cities, and how the decree of the president made construction more accessible to belarusians. man has already taken advantage of acquiring timber for construction. in the morning, the head of the department, alexander kulik, discussed topical issues with the head of state. in the evening he will tell you all the most interesting things

it has not created many new jobs and as much wealth has flowed into the pockets of a few billionairesny countries and the united nations did not have the achievements that were once proud of it , and chinese researchers found in new research that air pollution is directly related to the increase in resistance. they have an antibiotic, according to the daily mail, researchers have discovered , however, certain pollutants in the air and the immunity of bacteria against antibiotic drugs, there is a special relationship in such a way that antibiotic-resistant bacteria are transmitted with this pollutant in the air, researchers warn. they said that antibiotic resistance is one of the biggest threats to global health, which is increasing due to the rising level of air pollution, and it is causing the death of millions of people around the world. the day would be ruined, rahima, of course i spend a lot of money on broken solder and potatoes, i have no hands, and the cold is broken, social security without checks and guarantors , without advance payments, without going to the bank, in a large

now, ron desantis, about five years ago had negative net wealth. i think was like in the red, $300,000 or something like that as recently as six months ago, he had a net worth of about $300,000, something like that. now is a millionaire and it's because of a book deal. of course, he wouldn't have the book deal if he wasn't in politics. and so that's the way that he's kind cashing in off of his the that he's accrued from politics. what makes it even sketchier, though, is that what happens is like a lot of these members of congress will write book and then instead of normal people wanting to go out and buy the book, there will be bulk purchases of that book. so you'll have like a political committee by 5000 copies of that book, which will, number one, put it the bestseller lists, which could actually spark people, people buying the book and even possible that that the politician who wrote the book because of these fake will call them fake box sales they're not organic that that they will make royalties or advances so they're personally profit not bec

management when capital markets open up is huge. >> great point. >> because the money flows into wealth management without any extra capital costs. and you're already getting 5% sitting on cash and then you get other things to put your assets into we've actually had this movement in wealth management stocks and they're not trading at expensive values. >> josh, you want to jump in >> such a great point that stephanie and sarat are prague about capital markets and i want to put meat on those bones if you look at the second quarter earnings from jpmorgan, again, paying a 0. -- 0.01% savings rate, they managed a year over year increase in net interest income. $22 billion net income for the quarter. how? is it magic? no it's because that cash sorting, what that looks like for the major banks, that have wealth management, to stephanie's point or have capital markets, this is what it's like let's say courtney your financial adviser is sitting at jpmorgan securities, their brokerage arm or the private bank or wealth management, whatever, you call up and say what are my earnings on my savings ac

there was a lot of examples about wealth being made quickly through technology. jean: it is interesting, almost the whiplash change of the 1990's. because, early 1990's, the idea was that gen x were slackers and all listening to nirvana and wearing black and going to the pearl jam concert and it was very anti-materialistic in some ways. that was the idea that slackers, antiestablishment, and then very quick the, that changed. it went from, gen x will never make as much money, to gen x doing really well especially in tech. that is why a lot of gen x got jobs and made their careers or you do it is interesting to think about the generational stereotypes that get sent at one time and can change within a five-year period and that definitely happened in the 1990's. susan: also changing demographically. they were the first generation to fully experience a country change by immigrants. jean: you really see that, one of the graphs in the book is a percentage of college students who are asian and hispanic. you see very small and then that increase almost exponentially as g

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technology of course are people and our wealth investment capability.e bottom line there is we believe prudential has an unmatched opportunity for value creation through operational and financial discipline. that is what we announced yesterday. david: the expectation is that you get new business by when? >> we announced to financial targets 15 to 20% between now and 2027 so effectively doubling a new business profit between now and 2027. as well as accelerating -- generation to growing double digits during the strategy. david: a surplus generation? >> basically the earnings that you get from the business that you create than distribute or reinvest in growing your business because at the end of the day the businesses that we operate and are present in the market in the markets we are present in, they are very high in nature and payback. we have an opportunity to then deploy that service capital -- surplus capital to create further growth as we serve our customers. david: nice to see you let's do this again soon. have a good weekend ahead. ceo of prudenti

it has created many new jobs and has poured as much wealth into the pockets of a few billionaires, but the achievements that were once proudly mentioned by many countries and not long ago, the deputy of women's affairs of the consultative assembly of the country's issues system announced that this elite organization in the field of women's issues had 10,000 members . the group's activities in the meeting with the president in the month of 2016 on women's and family affairs were carried out to investigate ways of women's role in solving the country's issues. sean now the consultative assembly of the system of issues has made it possible for several thousand people . between the people and the officials, we have come from the indigenous jihadi capacities and university seats to the fact that the voice of the people in order to announce problems to the people and the officials to the ears of the officials, with a problem-oriented look at women's issues such as economic problems, the problems that we in this commission are more of the women who are in the field we had less privileged citie

then that wealth can use. that wealth that you can use.o the real wealth of the country, the real wealth of the country, the your wealth has the fact that your wealth has gone up 3 or 4 the paper gone up 3 or 4 times the paper wealth worth of the house and the it's done nothing the answer is it's done nothing at all. 39 acacia avenue, croydon is still doing exactly what it did before as it sits there and it provides housing services . so there's there and it provides housing services. so there's an illusion and people think that constantly rising house prices are in some sense or other, making the country better off. they're . not country better off. they're. not at all right. >> what do you think is going to happen to interest rates over the to happen to interest rates over themonths? to happen to interest rates over themonths? i to happen to interest rates over themonths? i orto 18 months? well, i level or come down the answer is i down the honest answer is i don't know. >> my fear is they're going >> but my fear is they're going to have

biggest transfers of wealth that has ever happened.y of us that have that connection 45 to 75 million whatever the estimates are now have benefited from that. so i think if we think about that and how that transfer of wealth shaped so many places especially in the west, then perhaps we could apply that to other things, other social programs and other ways of thinking about transferring wealth or what it means to be prosperous. i hope people come away with perhaps being inspired by how they have a personal connection to it and maybe that means there are things they could do that collectively add up. >> we will start on this slide and work our way over. questions, comments. born and raised and educated in north dakota and the county where i grew up isn't very close to the bulk and field, so i don't have to worry or wonder about a surprise check in the mail that i find it interesting and hope it isn't too insensitive' to ask when you think about your ancestors rights to this, i can't help but think about the native american rights and won

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