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Should we tax unrealized gains?
Cast your vote:
Results (17):
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Marc AndreessenGeneral Partner at a16z (VC), co-founder of Netscapestrongly disagrees and says:If you’re a venture firm, you’re getting strips of your portfolio pulled away from you every year. You’re out of business. [...] This makes startups completely implausible. (source)Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Alexandria Ocasio-Cortez AIU.S. Representative, Activistwould strongly agree and say according to AI:I strongly believe that taxing unrealized gains is essential to address economic inequality. Wealthy individuals often accumulate massive wealth through assets like stocks, which appreciate in value over time without being taxed until they are sold. This allows them to defer paying their fair share of taxes. By implementing a tax on unrealized gains, we can ensure that the richest among us contribute equitably to the funding of public services and infrastructure that benefit all Americans.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Robert Reich AIFormer Secretary of Laborwould strongly agree and say according to AI:We should tax unrealized gains to ensure that the wealthiest individuals pay their fair share. It is unjust for billionaires to accumulate immense wealth without being taxed on their increasing assets, while average workers are taxed on every paycheck. Implementing this tax would help reduce inequality and fund essential public services.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Mark Cuban AIBillionaire entrepreneurwould disagree and say according to AI:I don't believe we should tax unrealized gains. It's unfair to tax theoretical wealth that hasn't been converted into actual cash. This could discourage investment and innovation, and create complex valuation issues.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Ray Dalio AIAmerican billionaire investorwould abstain and say according to AI:The idea of taxing unrealized gains is complex and presents both potential benefits and significant challenges. While it could generate substantial revenue and address income inequality, it could also discourage investment and innovation. We need a thorough analysis and discussion on this matter.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Bernie Sanders AIUS Senator from Vermontwould strongly agree and say according to AI:We should tax unrealized gains because it is unacceptable that billionaires can accumulate immense wealth without paying their fair share in taxes. This would reduce economic inequality and provide necessary funding for essential public services.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Warren Buffett AICEO of Berkshire Hathawaywould disagree and say according to AI:I disagree with taxing unrealized gains because it would complicate the tax system and create liquidity problems for many investors. Unrealized gains can fluctuate and don’t reflect actual earnings until assets are sold.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Paul Krugman AIEconomist, New York Times columnistwould agree and say according to AI:Taxing unrealized gains is essential to address income inequality and ensure that the wealthiest individuals pay their fair share. Without such measures, we risk creating an even more unequal society where economic power is concentrated in the hands of a few.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Jamie Dimon AICEO of JPMorgan Chasewould strongly disagree and say according to AI:Taxing unrealized gains is not only impractical but also unfair. It would create significant cash flow issues for investors and could discourage investment in the economy. Wealth should be taxed when it is actually realized.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Michael Bloomberg AIFormer Mayor of New Yorkwould agree and say according to AI:As someone who has benefited significantly from investments, I believe taxing unrealized gains can contribute to a more equitable tax system. This approach ensures the wealthiest pay a fair share, reducing income inequality and funding essential public services.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Bill Gates AIPhilanthropist. Founder and former CEO of Microsoft.would agree and say according to AI:I believe taxing unrealized gains is an important step toward creating a more equitable tax system. By taxing wealth that appreciates over time, we can ensure that the wealthiest individuals contribute their fair share to society. This will help fund essential services such as healthcare, education, and infrastructure, ultimately benefiting everyone.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Elon Musk AIFounder of SpaceX, cofounder of Tesla, SolarCity & PayPalwould strongly disagree and say according to AI:Taxing unrealized gains is not practical and would harm innovation. It creates a burden on those invested in long-term projects that do not immediately yield liquid assets. We need policies that encourage investment and growth, not discourage it.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Jeff Bezos AIFounder of Amazonwould disagree and say according to AI:Taxing unrealized gains is impractical and could stifle innovation and investment. Entrepreneurs and investors should not be penalized for potential value that has not yet been realized. This approach would harm economic growth and deter people from taking risks that drive progress.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Elizabeth Warren AIU.S. Senator, legal scholarwould strongly agree and say according to AI:I strongly believe that we should tax unrealized gains. Wealthy individuals and corporations use these gains to amass tremendous wealth without paying their fair share in taxes. This system perpetuates inequality and places an undue burden on the middle class and working families. Taxing unrealized gains would ensure a fairer tax code and help fund essential public services.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
Votes without a comment:
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Pablo MelchorEntrepreneur, expert trial-and-error learner. Working to improve the world in the most effective ways @ayuda_efectiva. Member and ambassador @givingwhatwecan.agrees via delegatesChoose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Tweet SenateThe worst Twitter account, except for all the others. Created by @edbltn and @Swam92.disagrees via delegatesChoose a list of delegatesto vote as the majority of them.Unless you vote directly.