Pivot Trillion dollar companies and tax season; how the “Black List” shapes Hollywood’s big business… and is podcasting coming for radio dollars?
Jan 21, 2020
The discussion dives into Google joining the trillion-dollar club and questions who truly bears the tax burden. Tensions rise as they weigh in on the significance of corporate accountability, especially in light of high-profile figures like Elizabeth Warren. An intriguing interview reveals how The Black List champions diverse narratives in Hollywood, critiquing the lack of representation during major award ceremonies. The conversation also tackles the impact of tech giants on storytelling and the evolving landscape of media as podcasting competes with traditional radio.
AI Snips
Chapters
Transcript
Episode notes
Trillion-Dollar Companies and Taxes
- Trillion-dollar companies like Amazon, Apple, Microsoft, and Google create value but raise tax concerns.
- Amazon paid no federal taxes on substantial profits, benefiting shareholders while potentially burdening citizens.
Tax Policy as a Moral Issue
- Scott Galloway argues that current tax policies disproportionately benefit the wealthy and corporations.
- This transfer of wealth from the middle class and small businesses to the rich is a moral issue.
Davos and Elitism
- Davos, the World Economic Forum, is criticized for being a gathering of elites.
- Scott Galloway argues that such gatherings are beneficial despite the valid criticism they receive.