Capital Gains Pains & Hollywood Oscars Economics
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 23 April 2021
⏱️ 30 minutes
🧾️ Download transcript
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| 0:00.0 | This is Squawk Pod. I'm CNPC producer Cameron Koste. Today on our |
| 0:06.8 | podcast, the most important tax rate for investors shooting up to the highest |
| 0:12.4 | in American history and in the world |
| 0:14.5 | CNBC's wealth reporter Robert Frank on the proposed capital gains hike |
| 0:18.8 | that spooked the markets. We will get a rush to the exits for stocks, for assets, for small businesses, for anyone |
| 0:26.6 | that has an asset that is appreciated and valued. |
| 0:29.4 | And input on the hike's impact from Republican and Democrat lawmakers, |
| 0:33.4 | Representatives Nicole Malayatakis and Josh Godheimer. |
| 0:37.1 | I am concerned also about the tax increases, |
| 0:39.6 | which certainly stying the investment at a time where we need private sector investment. |
| 0:44.0 | We all agree that double taxation is wrong, that our states have gotten whacked. |
| 0:48.0 | Is the Oscar Buzz quieter than usual? |
| 0:51.0 | Media journalists Ed Lee from the New York Times and Sarah Fisher for Maxios. |
| 0:55.8 | The Oscar Telecast, you're right, it's not just a pandemic thing. |
| 0:58.4 | For years the audience has been declining, I think it peaked in the late 90s at like 60 million viewers. Die Hard, even the Linwen |
| 1:04.9 | Well Miranda film that's supposed to come out got pushed. When you push the theaters out of the |
| 1:09.3 | ward season, what you're left with is a bunch of dramas. Those stories and what do you're left with is a bunch of dramas? |
| 1:13.0 | Those stories end what do you want to ask Warren Buffett? |
| 1:17.0 | Inflation may be, or ESG investing? |
| 1:20.0 | Or how about crypto? |
| 1:21.0 | Warren called it Rap Poison Square. |
| 1:23.3 | Now that was a few years ago. |
... |
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