SCOTT GALLOWAY: Less than 2% of US millionaires’ taxes returns get audited – here’s how increasing IRS funding could change that and net billions more in tax revenue

  • Date: 18-Jun-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

SCOTT GALLOWAY: Less than 2% of US millionaires’ taxes returns get audited – here’s how increasing IRS funding could change that and net billions more in tax revenue

Optimists are overrated. With Big Tech, COVID-19, or Putin, would we have been better off listening to the optimists or the pessimists? People think it takes optimism to be an entrepreneur. Not so “” in my case, it just required the self-awareness to know I didn't have the skills to succeed in a big company. Optimism is required to be an early stage , however. I typically invest in later stage growth firms, as my reaction to every startup idea is "there's NFW that will work." I believe pessimists make better operators. I, no joke, sit awake at night and imagine everything that can go wrong in my firm(s). Then I start emailing people to ensure it won't. On a livestream last night with two other entrepreneurs, someone asked about our management styles. The other two panelists gave Hallmark Channel answers about helping people find their purpose and encouraging failure and some other bullshit. Then it was my turn. "I'm fucking all over everybody all the fucking time." Awkward. If you're looking for justice in the corporate world, you're going to be disappointed. It's tempting to put successful business leaders or political figures on a pedestal and mistake adulation for