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Should the Capital Gains Tax Even Exist?
Dana and Anthony go after one of Wall Street's favorite sacred cows this week: the capital gains tax.
What happens if Uncle Sam scraps it entirely tomorrow? Does the economy take off, freeing up billions in capital that's currently just sitting there? Or does it hand the top 1% a permanent tax-free playground while blowing an even bigger hole in the federal budget?
They dig into the real scam nobody talks about, getting taxed on gains that are really just inflation, plus the Wall Street tricks that quietly turn regular paychecks into tax-free equity. Sharp, sarcastic, and backed by real…
The skinny
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