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Rebel Capitalist News

NEWS: Biden Proposes New Insane Tax

Rebel Capitalist News

George Gammon

Investing, Business

4.71.1K Ratings

🗓️ 29 April 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello, fellow Robo capitalists, hope you're well. I wanted to go over Biden's new tax proposal. Very, very important. And I also want to go over why the lack of coverage is very dangerous and the way people are covering it within the sound

0:18.1

money, freedom, liberty, small government space. So let's shoot over to person of foremost,

0:26.0

point telegra.

0:28.0

And so Josh, can you see this?

0:31.0

Yeah.

0:32.0

Okay, so Biden's 44% 44.6% campaign's tax proposal likely a nothing burger.

0:40.0

Like this is this is not the attitude that we should have for tax increases like this.

0:45.1

I'll show you why in just a moment.

0:47.6

But according to this person, Tom Mitchell Hill,

0:52.1

he said it's a nothing burger and he says why. It's kind of

0:56.8

summarized by this guy Matthew Walrath founder crypto tax made easy.

1:02.2

Coin telegraph, a told coin telegraph that Biden's the latest tax promises probably wouldn't affect most people in the crypto,

1:10.0

even if it was signed into law.

1:12.0

So he says 99.9% of people,

1:15.5

it's a big fat nothing burger because it's essentially just a proposal.

1:20.1

I think they may be going in this direction

1:22.4

because they don't want to scare people within the

1:25.3

Crippill space about ever, ever, ever having to pay taxes. There has to be some angle because any person with half a brain knows that this is a very, very

1:37.2

dangerous attitude because it's not just, well how many people are affected right now by this tax increase?

1:44.8

It's what type of slippery slope does this put us on?

1:49.9

And where I get very concerned about this tax proposal,

1:53.1

not just with the campaign's tax,

...

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