AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
E35: Biogen's controversial Alzheimer's drug approval, the billionaire space race, real estate, Bitcoin & more
All-In with Chamath, Jason, Sacks & Friedberg
Is This a Billionaire?
i think these stories have highlighted just an incredible ability to shift the narrative and create a different kind of dialogue around taxation. Because, as we all know, the principle of taxation in the united states is that you are taxed on income. And a lot of these guys don't need income. They could have a dollar salary they they like. Well, they effectively have a credit card. So if you take a loan d then you use that loan to actually invest. The united states tax law says that all that interest you pay is deductable as well. It's one of these things that, i think, structurally gets people very confused about what's right or wrong.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode