Is “taxing the rich” a fair policy, or does it risk hurting the backbone of America’s economy—small businesses? Dive in as we explore this question in depth, breaking down proposed tax increases like unrealized capital gains and their impact on different income brackets. Hear why tax policies rarely affect billionaires as intended and how small business owners can best prepare.
WHAT YOU’LL LEARN FROM THIS EPISODE
- The truth behind unrealized capital gains taxes and their potential impact
- Why billionaires support tax hikes and who it really affects
- How tax policies could disproportionately hurt small business owners
- The difference between earned income and portfolio income taxation
- Why voters need to be mindful of tax policy proposals before election season
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