Jeff Yass | 06-13-26

Steve Moore and investor Jeff Yass celebrate the triumphs of American capitalism, specifically highlighting the massive wealth creation driven by innovators like Elon Musk. They propose a capital gains tax holiday that would allow wealthy individuals to pay a reduced 15% rate upfront—potentially in the form of stock—to provide the federal government with trillions in immediate revenue to reduce the national deficit. The discussion also critiques current government policies, such as Social Security, arguing that these systems prevent low-income citizens from building personal wealth through the stock market.