Woz on AI, Disney’s “Significant Transformation” & How Billionaires Save on Their Tax 02/09/23
Squawk Pod
00:00
Taxing Unrealized Gains?
If you could rewrite the policy, I don't know how you do it. How would you do it? You simplify it so you get tax losses. The perfect solution is actually there is part of a tax code that works like this. Somebody like Ken Griffin, for instance, who's hedge fund, it's called Mark to Market,. Your investments are up, your tax from those, your investments are down, those are losses for you.
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