Woz on AI, Disney’s “Significant Transformation” & How Billionaires Save on Their Tax 02/09/23
Squawk Pod
00:00
Taxing Investment Gains Is a Great Idea, Right?
Investment gains is kind of the easiest part of the tax system to gain. These products say to people like Steve Bomber who are in these direct indexing funds, hey, we track this perfectly basically. You're going to be able to follow the S&P up while we spin out tax losses for you. So on paper, you're getting wealthier, but you get tax losses to offset other gains.
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