Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions
All-In with Chamath, Jason, Sacks & Friedberg
Wealth Tax Consequences
This chapter examines the proposed unrealized gains tax and its potential to fund deficit reduction, while raising concerns about its effectiveness. It discusses historical examples of wealth taxation and warns of the risks associated with driving capital and wealthy individuals out of the U.S. economy.
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