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8min chapter
Robert Kraft on the NFL’s $12B Deal & Warren Buffett’s BofA Sale 08/28/24
Squawk Pod
Taxation and Wealth Redistribution
This chapter explores the effects of the Harris Plan's tax changes on various income groups, particularly those earning under $400,000 versus higher-income earners. It discusses the proposed increase in capital gains taxes and the implications of taxing unrealized gains, especially for the wealthiest individuals. The conversation also addresses historical context, fiscal policy debates, and the growing concerns surrounding government spending and national debt.
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