11-06-2020: Remote Work Practices May Forever Change The Way U.S. States Tax Wage Income
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 7 November 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Can a virtual worker be taxed in a state where they don’t live? No legislator, court, or tax expert today can answer that question.
Today's Stocks & Topics: IIPR - Innovative Industrial Properties Inc., Retirement, Fractional Shares, Earnings Before EBITDA, MAC - Macerich Co., XOM - Exxon Mobil Corp., JMIA - Jumia Technologies AG ADR, BGS - B&G Foods Inc., TSM - Taiwan Semiconductor Manufacturing Co. Ltd. ADR, Roth I-R-A.
TRIVIA QUESTION: "How many times has Apple stock split since it went public on December 12, 1980? AND-- looking at the S&P 500, WHICH YEAR in the past decade had the LARGEST number of stock splits?"
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Friday, November 6, 2020 and |
| 0:27.0 | the market decided to give up a little of its gains, it's pretty strong gains since the, you know, since the, what, was the day before the |
| 0:36.3 | election? Anyways, they had a pretty strong move as you all saw, but today, not so strong. |
| 0:43.0 | And I'll give you the numbers here in a minute. |
| 0:45.0 | And we still don't have a winner. |
| 0:49.0 | We don't know who the president is, |
| 0:51.0 | but it looks more and more and more clearly that it's going to be Biden |
| 0:56.7 | and not Trump will not get reelected. |
| 0:59.6 | That's what it looks like to me, and I think most people are starting to understand that. |
| 1:06.0 | Okay? Now I know there's lots of litigation and disputes and all that stuff. |
| 1:10.6 | I think that's much to do about nothing. |
| 1:12.2 | I don't think anything's going to come with it |
| 1:14.1 | you know just just my opinion and I've been seeing it watching a lot of |
| 1:19.0 | elections and I don't think they're I don't think it's really going to matter. |
| 1:24.0 | Anyways, that's what we're going to deal with. |
| 1:27.0 | We're going to deal with a, it looks like a Democratic president, a Republican Senate, |
| 1:32.0 | and a House |
| 1:34.1 | Representatives with a majority for the Democrats, |
| 1:38.2 | even though the majority looks like it's going to be less so than it was. |
... |
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