Pivot Trump’s tax returns, Amazon’s home drone, and NYSE President Stacey Cunningham on upcoming IPOs
Sep 29, 2020
Stacey Cunningham, the President of the New York Stock Exchange, dives into the shifting landscape of IPOs and the role of market makers in enhancing public trading. She highlights the transition from traditional listings to SPACs and direct listings, addressing disparities in market representation. The conversation also touches on the evolving dynamics of public markets amid changing investor access, demonstrating the need for education in today’s financial world. It's an insightful look at how the exchange adapts in a rapidly transforming economic landscape.
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Haircut Deduction
- Scott Galloway claims he can deduct his haircuts as a business expense.
- He jokes that the only reason he doesn't have long blonde hair is because he didn't realize it was deductible.
Tax Advantages for Real Estate and Entrepreneurship
- Scott Galloway suggests that real estate and entrepreneurship benefit from favorable tax policies.
- These policies, like depreciation on real estate and tax-free gains for certain businesses, create a tilted playing field.
Trump's Potential Tax Fraud
- Kara Swisher argues that Trump's tax avoidance goes beyond typical strategies and suggests potential fraud.
- She points to suspicious instances, like Ivanka Trump's consulting fees and questionable property classifications, as possible red flags.