Insight - Oct. 27th, 2021
Insight
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27-Oct-2021
Today on Insight, John and Josh Rosenstern explain the billionaire tax; and taxing on capital gains, and the idea now to be taxed on the potential that could be gained on investments. This will be a potential tax on unsold real estate at a higher tax rate, or possibly even retirement funds. The government is pushing for this increased wealth tax to make up the money projected to go out in the latest proposed bills with trillions of additional debt. Brother Josh says the 200-billion initially gained will barely come close to covering the trillions in debt.
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