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TIP441: Balancing Financial Goals With A Fulfilling Life w/ Peter Mallouk
We Study Billionaires - The Investor’s Podcast Network
Is the Capital Gains Tax a Good Idea?
We have at estate tax the united states. You have over a certain amount of money, the government takes forty % of your money. And we let people out of the capital gains tax is low. If you get rid of his ability to step up his taxes, and he pays a capital gain rate that's a little higher, you will close the wealth gap. I mean, it will be closed very, very quickly. But i think the political discussion purposely over complicates it. It does take a brain surgeon to say, if you think this is a problem, this is how you cauld solve your 90% of the problem.
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