Wealthy people will enrich, say Ubs, but Bain can try to hide it

Under Trump 2.0, it means disputes about whose taxes and how much it is, What is ‘rich’, And how to solve the state financial issues of this individual capital should be mobilized.

The Oval Office ‘One, a large, beautiful bill, found that politics will be spent about $ 1,600 in the year after the assessments of the Congress Budget Office (CBO) The income of the richest households an average of $ 12,000 each year.

This is the courtesy of politics, as well as $ 40,000 (salt) capital amount (salt) for estimates and gifts, as well as the amount of 10,000 dollars (salt).

UBS Chief Economist Paul Donova, who is a matter of current debates about wealth taxes, said that often American voters are rich.

Last week, the circular table spoke: “Donovan, a very interesting issue we started meeting … There is an increasingly space between things and reality of wealth and wealth, such as wealth taxes and legacy taxes.

“So, people will say: Yes, we must have a wealth tax for a millionaire, but I am not as a millionaire”

Donovan also distorts the wealth of social media. Although wealth has not changed inequality, he said that people feel bad due to the extravagance shared online.

“As a result, people are more confused among the truths of their wealth and their resources,” Donovan added.

“Many people are rich, but they are somehow as they are somehow that they do not experience the best life of social media.”

Luxury shame

With Wealth becomes an increasingly divided topic-It’s not going away from the reality of the situation themselves, they themselves solve their purchase and practices of consumers’ status symbols.

Bain & Co’s Spring update in the luxury sectorLast week, it is released, especially the individual items of the industry, especially.

Claudia d’arpizio, One of the authors of the reportsays Fortune The phrase “luxury embarrassment” was first prepared during the financial crisis, when the 2008 financial crisis was admitted to millions of Americans, which lost their homes and work to millions of Americans.

D’Arpisio added that luxury stores, as individuals do not want to see with designer carrier bags, the more widely collected white paper bags for their purchasing more.

“In the United States, it belonged to him; people made their behavior because they were ashamed.” Arpisio continued. The trend in charge of Chinese consumers is the government.

He explained: “This is a communist regime that is pushing luxury in the last 15 years in the last 15 years.

This social voltage spreads the west, adding stop arpisio, ie the luxury brands should be elite and pay less attention to the sensitivity of culture and innovation.

Rich is rich

It is said that there are only wealthy or wealthy, or they do not know that the engines that create assets are moving any slow.

“We have two independent drivers who need to influence the driver of wealth,” he said in response to Donovan question Fortune. “The first is the increase in economic nationalism.”

Only Trump’s first American initiative should be considered, but Donovan added the spread of behavior in nations such as China.

He added that “often there may be hostility to foreign brands and foreign companies. Of course, this is something we see with European luxury brands in China.”

Donovan added that a second factor that shapes the approach of the approach of the wealthy is to be more entertaining and more of their attention.

“A question I often ask: What does an economist mean by having fun? Something you can write about the answer Instagram“Donovan is about luck.” So, a foreign travel, food, this is Taylor Swift concerts. To be fair, it is also a dress, because openly you have to do so in a new clothes if you have your last meal.

“These trends, regardless of the creation of all resources … Because in fact, we came to the factor because they can give the look of shame from the wealth, when consumer samples change for other reasons.”