In today’s episode, Scott tackles America’s widening income gap and what it reveals about our priorities. He offers perspective to a …
source
In today’s episode, Scott tackles America’s widening income gap and what it reveals about our priorities. He offers perspective to a …
source
Input your search keywords and press Enter.
34 comments
Please support this channel by subscribing here: links.profgmedia.com/youtube-prof-g-sub
Want to be featured in a future episode? Send a voice recording to officehours@profgmedia.com, or drop your question in the r/ScottGalloway subreddit.
We all want to be rich. We all want to be smart. I would like to hear Scott Galloway's suggestion on how a candidate presents his proposal on raising taxes on those making over $10 million to 60 percent. Elizabeth Warren gets lambasted for wanting to raise taxes on the rich by 1%. I propose taxing ALL forms of income at the same rate as wages. That would cover inheritance, and borrowing against stock, etc. Then everyones tax rate could go to closer to 12 to 15 percent.
Great questions. Even better answers.
If the 25yo Engineer isn't being challenged at work, it's because he's working a paper-pushing job and not really engineering. There's a lot of those, I had one coming out of school too. He should try to actually get technical engineering work if he wants a challenge. Still gets paid well and stable and then can start a business later with actual skills and experience.
This whole post in light of what Congress just passed is so depressing. Permanent tax breaks for the wealthy.
I’m curious to understand how you feel that capping an income is socialism? Socialism is about the workers having participation in the profit from the means of production. Honestly, if a business gets to a certain size, all employees should be receiving equity as part of their compensation plan, and should be on top of their salary.
I went to community college and then to a Cal State (SJSU – Go Spartans!). I graduated undergrad without loans (by working through school, living at home, and some parental support), and it was a great education. It did let me down in the alumni and connection department. No one cares that I attended SJSU, not even most of the other alumni. Prestigious universities give students an incredible network and pipelines into careers. At other universities, you are just sent out into the abyss.
great insight, thank you
Your wealth is nauseating. Scott, you’re a clown.
You’re rich. You literally said 10 million per year is “sufficient”. It’s embarrassing. Stop listening to rich people.
Love how the “building wealth” portion is solely Scott talking about how awesome it is to be rich.
I Hit $32,590 today. Thank you for all the knowledge and nuggets you had thrown my way over the last week. i started with 5k in last week 2025… now i just hit $32,590
On the ceo pay, moving them to 60th percentile may not / will likely not equate to 20% more. The bell curve is steep.
Tax capital gains progressively and remove the income tax.
You're assuming when the tax gets paid it'll be used wisely? I just see the more taxes that are collected the moee that is needed and services still drop
Hey Scott, you should do a piece about high paying trades jobs. There are a ton of them out there.
Why do we want to take money away from the private sector and into the public? Is the public a better spender of money? Why do you think the money will go to food stamps? It may go to fight foreign wars whereas in private hands, it may go to starting businesses that solve problems and employ people
ditch the panerai
Hey Galloway. What's your tale on Hudson Bay Company closing in Canada and not paying severance pay?
Or would that be to socialist for you?
80% marginal tax rate? Great if you're already rich. What about an 80% capital gains?
Work for a company, build on the side. Then plan a jump once you get traction.
Any piece of advice that starts with “have a transparent conversation with your employer” is out of touch. Most likely, after hearing your “transparent thoughts” your boss will start trying to replace you. I like this guy but he’s still stuck in the era when company’s “were like family.” The moment they hear you want something else, you’re donzo.
“Currently we have a ratio of 200 to 1 but back in the 60s, presumably whenever Maga thought America was great, it was closer to 20 to 30 to 1.” As a non maga republican do you understand how indoctrination you actually are? I don’t understand how people of this intelligence can be thrusted into such shallow thinking.
Scott, In addition to the lack of happiness factor you mention, high executive pay and high amassed wealth take cash out of the economy. The uber wealthy and their families have amassed, taken, such vast money for themselves that they will never, ever, ever, ever, did I say ever, spend or use, while the stagnate wage and low wage classes suffer. The uber wealthy are essentially hoarding cash they won't ever need or use, while the masses suffer. Talk about that. Like you say, there is only so much happiness that can be bought. We live in a world of gluttonous billionaires, while most everyone else has to scrape to get by.
Why do I not believe Holloway? 🤔
Everyone thinks 22yearolds should be entrepreneurs… But the evidence shows: most successful entrepreneurs start at around forty yo after they have gotten some experience and also the stability of savings / cash flow.
( Also, this is a TERRIBLE time to quit your corporate job. )
I bet he'll tell you not to do it tho he did it.
90% of people should not start their own business. They just don't have the work ethic, intelligence, common sense and grit to make it work. They are poor for one or more of those reasons. Poor is poor because someone has to fill those spaces.
Wait. You make 10m and you get taxed 6 to 8m. Yeah ok. how’s that different from a socialist cap of 2m
He says he is not a socialist and then proposes 60% tax 😂😂😂😂
The second dude has the ideal job, he just does not know it. I want a job that does not challenge me, where I can just coast and spend the remaining brain power building my own empire. THAT is where I would seek my challenge from, not from corporate America. So bro, if you’re reading this, keep your job, wake up early and work on your own business or startup before your 9-5, then get off work and put in another 6-9pm into your own venture. The challenge you seek would come from your own venture while your full time job sustains you financially. DO NOT BE IN A HURRY TO TAKE ON MORE CHALLENGING ROLES AT WORK.
I've always joined startups that have series A funding, it is the best risk/ROI balance. I had 5 startups, 3 successes, 2 failures, it worked out pretty well.
One thing I think most people don't understand is the concept of marginal tax rate. When you say there is a marginal tax rate of 70% on income of $10 million, it doesn't mean he pays $7 million in tax. It means he pays 10% on the first $100k, 20% on the next $500k, 30% on the $3 million, 50% on the next $3 million, etc etc. So in the end, he pays maybe %30 of $10 million total. The idea is that the tax for "normal" amounts of income are "reasonable", but crazy high amounts of income are taxed at crazy high rates of tax.
My daughter went to a community college and earned an Associate Degree. She transferred to a university for her Bachelor Degree. She later completed a Master’s degree at Brown. Community colleges are a great option.