Government Wage Tax War on Billionaires
The Money Podcast
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Taxing Unrealized Gains
The tax burden is the highest it's been in the 19 forties, when you compare tax to g d p. Yet no one speaks up about it, except people like me, because it's so fashionable. You take 50 billion billion off elon musk and give it to the us. Government are going to dictate what a stock in a company is worth. And then on unrealized gains that aren't real because they haven't been realized, they're going to tax. So therefore, company onles r gongto have to sell shares to pay tax. Then when the value of the company goes down, the government aren't going to pay the bucky money back.
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