Democrats plan to fund the proposed “Build Back Better” agenda by raising the capital gains tax AND taxing unrealized capital gains. Jonny Abbotoy joins the crew to break down exactly what capital gains are, the difference between realized and unrealized gains, and how they are currently taxed. We debate whether or not this is a functional plan and what the benefits/harms to the economy might be.

The livestream of this episode can be found here: https://www.youtube.com/watch?v=S04zqbZ71Ik&t=14s

We livestream our recordings every Saturday at 12 pm Central. Come hang out!