EPISODE · Apr 28, 2021 · 26 MIN
President Biden's Cap Gains Tax Plan Disaster
from Dollar Auction Show · host Shimon Lazarov and Alex Chizhik
Today Alex talks about his view of President Biden’s Tax Policy – specifically his proposal to increase capital gains taxes to 43.8% on individuals making more than $1,000,000 per year. In our view this is a disastrous policy with terrible consequences and it goes much deeper than “tax the rich”. In this episode, Alex discusses:1. The origin of Capital gains taxes and why they are unique2. Capital vs. Income taxes3. Entrepreneurship, risk taking, and their ties to Capital Gains4. Wealth vs. Money – how they are vastly different5. Inflation6. Leverage and unintended behavior7. Trading frequency8. The Government vs. the Individual Great brief CNBC Overview: https://twitter.com/CNBC/status/1385636584456921089http://hardcorefinance.com@ShimonLazarov@MrEBITDASupport the show
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Today Alex talks about his view of President Biden’s Tax Policy – specifically his proposal to increase capital gains taxes to 43.8% on individuals making more than $1,000,000 per year. In our view this is a disastrous policy with terrible consequences and it goes much deeper than “tax the rich”. In this episode, Alex discusses: 1. The origin of Capital gains taxes and why they are unique 2. Capital vs. Income taxes 3. Entrepreneurship, risk taking, and their ties to Capital Gains 4. W...
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President Biden's Cap Gains Tax Plan Disaster
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