All-In with Chamath, Jason, Sacks & Friedberg
Ray Dalio | The All-In Interview
Ray Dalio
That confiscation can easily take the form of taxing on holding it. For example, one of the problems with real estate, besides the fact that it doesn't move, so you can't use it internationally, is it is a readily taxable asset. It's there. It's there. And therefore, they won't take it and you can get it. We have to understand that taxes and confiscations are one and the same.
0
💬
0
Comments
Log in to comment.
There are no comments yet.