Episode 107
Corporate Profits - Are corporations really greedy?
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Is corporate greed an inevitable force or a misunderstood economic growth component? In this final session of our four-part series, we unpack the essence of a corporation's role in driving innovation and societal progress. We dissect the symbiotic relationship between profit-making and community investment, challenging the common narrative that equates corporate success with avarice. Our conversation covers the role of R&D, local economic enhancement, and the support systems that underpin modern-day families, all thanks to the engine of corporate contribution.
Should you really be made at corporations for being profitable? Your investment accounts over the last several years have benefited from these profits. So, what is really going on?
We take to expose the government's ability to raise revenue through taxation when you buy something, you are taxed. When you sell something, you are taxed. Any time money changes hands, you are taxed! Federal and State governments have an inate ability to make tremendous amounts of money through taxation which in the end cripples your ability to make money. So it begs the question, who is more greedy....corporations or government?! Stay tuned. We'll answer this and more!
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About Your Co-Hosts:
Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.
Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.