2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E53: Wealth tax, dealing with inflation as a capital allocator, big tech earnings, Facebook's rebrand, paternity leave & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Will a Millionaire Tax Work?

The plan s, which they've been concocting for three months, were thrown overboard when cinnema said she wouldn't support the rate increases. So because of that, they're scrambling around trying to find any source of revenue. These guys are like burglars, rummaging through theho they hear, they hear the sirens and we ther like, what can we take? Oh, the t vs are bolted down. Can't get that. Where's the jewery? What can wetake? And it's this rit you can't set tax policy this way. They've never had committee hearings on it. It's been tried and repealed in european countries.

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