Elon Musk Slams Democrats Over Extreme Proposal To Tax Unrealized Capital Gains | The Daily Wire
Exactly. Eventually, they run out of other people’s money and then they come for you.
— Elon Musk (@elonmusk) October 26, 2021
Musk is sleazy, arrogant, and probably a little bit crazy. It’s three-quarters of the combination that has made him so wealthy. The fourth part is that he’s incredibly bright.
Taxes on unrealized capital gains are criminally bad. They’re even worse than high corporate taxes, which if you’ve read this blog, you know I can’t stand.
I don’t think this idea is going anywhere. This time. There aren’t enough stupid people in Washington to get this one over the finish line. But there is more stupidity there every year, so it’s only a matter of time.
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