4min chapter

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

E74: Market update, inverted yield curve, immigration, new SPAC rules, $FB smears TikTok and more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Wealth Tax, That Ain't Right

If we're not creating and growing, we are going to fight over hotte split a shrinking pie. That's when peopleco get really norally. The historical implications for what fribrook said are really well defined in history. And i think they could allocate less money towards can we all agree that on the margins, when you make a lot of money, you can and should pay more taxes? I don't think that's a super controversial idea. You take a sensible concept and then you pervert it because you have to contort it with all this language to make it political. It loses all its value in it.

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