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Joe Biden's Taxing Plans for Unrealized Capital Gains

Cato Podcast

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Why Should You Increase Capital Gains Tax Rates?

If you hike taxes on capital gains tax rates, a lot of those millionaires and billionaires are just going to be taking their money and putting it into safer assets. So that would be really bad for the economy. We want wealthy people to invest in risky start up businesses. And only bout one and ten of these a start ups that they invest in, you know, pays off in a big way.

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