How to Avoid Taxes Like the Rich and Famous

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

4.1 • 1.7K Ratings

🗓️ 12 December 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

According to the Tax Policy Center, the highest-income households often pay less tax than middle-class ones, thanks to tax-optimization strategies that have largely been held for the rich. Now, technology is increasing access to those products for individual investors. WSJ Heard on the Street columnist Jon Sindreu joins host J.R. Whalen to discuss what it means for your portfolio. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	AI is coming to your industry if it isn't already here, but AI needs lots of speed and computing power, so how do you compete without cost spiraling?
0:09.0	Upgrade to Oracle Cloud Infrastructure or OCI.
0:12.0	OCI is the blazing fast and secure platform for your infrastructure, database, application development, and AI workloads.
0:20.0	Right now, Oracle is offering to cut your current cloud bill in half if you move to OCI.
0:25.2	For new U.S. customers with minimum financial commitment, offer ends 1231-24.
0:30.8	See if your company qualifies at Oracle.com slash Wall Street.
0:37.1	Here's your money briefing for Thursday, December 12th.
0:40.3	I'm J.R. Waylon for the Wall Street Journal.
0:45.3	Individual investors have gained access to many things that were once only available
0:50.3	to the heavy hitters on Wall Street, like options trading.
0:53.3	The playing field is being leveled even more with tax optimizing products.
0:58.2	What you broadly can get here is automated tax harvesting.
1:02.7	You can get, in some cases, direct indexing.
1:05.7	You can also get just some simple automated tax management of where you're putting each of your assets,
1:12.3	which actually makes a big difference.
1:14.3	We'll talk to Wall Street Journal, heard on the street reporter John Sindruh.
1:17.6	After the break.
1:35.3	AI is coming to your industry if it isn't already here, but AI needs lots of speed and computing power. So how do you compete without cost spiraling? Upgrade to Oracle Cloud Infrastructure or OCI.
1:42.3	OCI is the blazing fast and secure platform for your infrastructure, database, application
1:47.6	development, and AI workloads.
1:49.8	Right now, Oracle is offering to cut your current cloud bill in half if you move to OCI.
1:54.9	For new U.S. customers with minimum financial commitment, offer ends 1231.24.
	...

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