The Mind Money Spectrum Podcast
Graystone Advisor, LLC is a registered investment adviser offering advisory services in the State of California and in other jurisdictions where exempt from registration.
Investing Forever LLC (d/b/a, Investing Forever Advisory) is a registered investment adviser offering advisory services in the State of Florida and in other jurisdictions where exempted.
The Mind Money Spectrum Podcast
#141. The Unrealized Gains Loophole
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 References
Forbes: Unrealized Gains Tax is "Capital Punishment"
MMS #86: Tax Rates
MMS #70: State Taxes
MMS #27: UBI
MMS #37: Never Pay Taxes
MMS #38: U.S. Taxes
ProPublica: America's Highest Incomes and Taxes Revealed
Lamar Hunt's Estate
Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.
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