Cato Podcast cover image

Joe Biden's Taxing Plans for Unrealized Capital Gains

Cato Podcast

00:00

Taxes on Unrealized Gains

An academic study on this by an economist, nordhoss who found that overtime entripeners themselves, inventors, only capture about two % of the value of innovations to the economy. This is important because it means that if tax policy discentivizes a innovation at the margin here, it's going to cause a biga loss to investors and ontre peners. It'll cause a much bigger loss to society in general if innovation slows down. The income tax as we a think of it, originally only affected some of the highest earning americans. Andso to me, this it looks like, well, once we get it sorted out with these folks, we're

Play episode from 04:54
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app