Search Engine
Why is it so hard to tax billionaires? (Part 2)
PJ Vogt
I'm not, but we now know someone like Elon Musk can. Billionaires like him are constantly borrowing against their unrealized gains. Joe Biden is saying, when it comes to these billionaires, we should treat that gain in value as if it's real money, in their pocket, that should be taxed. And that, believe it or not, is an extremely, extremely controversial idea.
0
💬
0
Comments
Log in to comment.
There are no comments yet.