Bob Johnson (@RLJOfficial) header
Bob Johnson (@RLJOfficial) profile picture

back on Twitter. Founder of @BET, The RLJ Companies and @WatchUMC. “Black people have no permanent friends, no permanent enemies, just permanent interests.”

Joined November 2012
Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)Photo by Bob Johnson (@RLJOfficial)
Bob Johnson retweeted
Between Black and white American households, “one of the big causes of that wealth gap is no savings, or the lack of savings and investment,” says @RLJOfficial joining @SquawkCNBC to discuss Retirement Clearinghouse's new collaboration with Fidelity and Vanguard.
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Bob Johnson retweeted
"The problem is, African Americans tend to cash out of their 401K at about 63%, much higher than white Americans," says @RLJOfficial. "Black Americans over a generation would put about $619 billion into retirement savings for themselves if this program becomes nationwide."
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#BobJohnson on @SquawkCNBC thank you for having me.
"Voting rights without access to capital to build wealth in my opinion is an empty cup," says @rljofficial. "That vote doesn't translate into you being able to build wealth for your family."
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Bob Johnson retweeted
"The question is what do you define as infrastructure and how do you keep it from being a gift to your particular constituencies?" @RLJOfficial on President Biden's plan. "Turning to raising taxes on corporations in a blanket fashion is not in my opinion the best way."
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Bob Johnson retweeted
"To me the capital gains tax has been at this rate for a long time because it is an additive to the U.S. economy to small businesses seeking capital," says @rljofficial. "If they raise capital gains to some +40% it is going to destroy minority private equity funds."
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This morning on @SquawkCNBC #BobJohnson
"Unlike other mandated taxes, payments or transfer payments this is voluntary," says @rljofficial on The Boost Act. "If enacted it is supported by the government saying we'll give preferential tax treatment to investors who do what they morally believe is the right thing."
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Bob Johnson retweeted
TUNE IN: We have a huge show coming your way this morning, including $LLY CEO David Ricks, $BP CEO Bernard Looney, @Jkylebass, @PeteButtigieg, @RLJOfficial,$PFE CEO Albert Bourla and @SenWarren. You don't want to miss a moment!
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When it comes to addressing Black employee representation in the workforce, @BET founder @rljofficial says, "The only way it'll happen is if there is accountability for companies for failure to end the huge gap in employment opportunities."
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Bob Johnson retweeted
"We've got to put money into people's hands," says @RLJOfficial on President BIden's stimulus plan. "You've got to come up with a strategy that says let's put more money where it's best needed." cnb.cx/3jSpb6h
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"We've got to put money into people's hands," says @RLJOfficial on President BIden's stimulus plan. "You've got to come up with a strategy that says let's put more money where it's best needed."
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"Any form of money that allows you to exchange it for some other good or service makes a lot a sense," says @RLJOfficial on $BTC after it crosses $50k for the first time. "The question is how do you control it in terms of impact on the market or public interest."
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Thank you for having me. #BobJohnson #BHM #BlackHistoryMonth
"I think it's time that we meld black history with black future," says @RLJOfficial on Black History Month and wealth inequality. "We need to start talking about what can black people contribute to this country if they had a future as bright economically as white Americans."
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