#141. The Unrealized Gains Loophole - Listen - The Mind Money

#141. The Unrealized Gains Loophole

Listen now

Description

Addressing criticisms of Kamala Harris's Unrealized Gain tax plan.The ultra-wealthy pay a lower tax rate than wage earners, meaning the US has a regressive tax system rather than the intended progressive tax system. Kamala Harris's tax plan would address wealth inequality by taxing unrealized gains. A Forbes article provides numerous critiques, and Trishul and Aaron try to address each point.Episode ReferencesForbes: Unrealized Gains Tax is "Capital Punishment"MMS #86: Tax RatesMMS #70: State...

More Episodes

See all »

#142. Wages will never increase again. Here's why.

Despite a generation of no real wage growth, how could wages increase?Trishul examines why wages have stayed flat on a REAL inflation-adjusted basis over the last couple of generations. Globalization, tax law, and legislation favoring corporations have combined to increase wealth inequality and...

Published 10/15/24

The Mind Money Spectrum Podcast

Published 09/17/24

#140. Buying a home is not an investment, it's location, location, location

Rent or buy? How much as a down payment?Most Americans have most of their net worth in their home equity. In this episode, Aaron and Trishul discuss the pros and cons of making a down payment and buying a home. Is it worth making a larger down payment to lower the monthly mortgage? Is it...

Published 08/20/24