Krishnan: AI will reach coding-level trust in law and taxes in 1-2 years
“Definitely. This is not the case with the law and a number of other law or taxes and a number of other things, but it's only a matter of time. I think the models will get there in the next probably year or two.”
Charlamagne learned about investing and taxes in his late thirties
“Nobody taught me about, you know, taxes and, you know you know, high yield savings accounts and stocks. Like I didn't learn about any of that stuff till I got in my late thirties, you know, early forties.”
Allaire predicts AI will force rethinking of taxes and social contracts
“All that's, I think, in the coming years gonna kind of have to get thought about again. In different ways. And I don't think it's gonna, it's not gonna be the straightforward answers that we've turned to.”
Cramer: Tax rich people heavily so everyone can have healthcare
“Tax people, tax rich people until they have, until a lot of money is taken away from them so that that can help healthcare. We have to give healthcare to people and that's everything. And anybody who's involved in the healthcare movement like I am just knows t…”
Friedberg: U.S. fiscal crisis requires tax increases alongside spending cuts
“I want more cuts, and given the fiscal situation, I'm actually, if someone showed up and said, hey, we're gonna increase taxes, I'd say, that's what we gotta do right now.”
Nagpal: Investors should seek alpha through tax optimization rather than stock picking
“So most people should not try and find alpha on the investment side. However, if you can be smart about saving money on taxes, that is where your alpha comes from.”
Mah: Loyalty to a single tax accountant is a major mistake
“And I think the mistake people make with taxes is they have their one tax person and that person worked with their parents and they've been loyal, but actually this is a very bad place to have loyalty. It's really good to talk to like, I've talked to dozens of…”
Vance: Administration will cut taxes and regulations for domestic manufacturers
“The Trump administration's great plan for staging the great American manufacturing comeback is simple. You're making interesting new things here in America? Great. Then we're going to cut your taxes. We're going to slash regulations. We're going to reduce the …”
Parr: Moving to another city solely for tax savings is foolish
“Moving for taxes, when someone tells me they do that, I think they're stupid. I think that's a really, that's a foolish thing to do. Do you agree or disagree? There's a lot of people that do that. I think it's foolish. Sorry, they're not stupid. I think that d…”
Dalio: People do not realize that taxes and tariffs act as inflation
“People don't think of taxes as inflation, but taxes are inflation.”
Joe Biden will raise taxes if Democrats win the trifecta
“I don't think Trump's going to raise taxes, but Biden will if he has the trifecta.”
Buhrdorf: Banking and taxes are small businesses' top post-formation worries
“Banking for us is really about, it's one of the, it's the number one next to taxes is the number one thing that, that Small businesses are worried about, like, oh my god, I just did a formation, you know, what kind of filing do I, you know, what kind of format…”
Weisbrot: Future Tax Hikes to Fund Aging Populations Will Trigger Riots
“And eventually the only solution is to raise taxes and people are going to riot.”
Nagpal: Highly paid W2 tech employees face the worst tax burdens
“I don't think anyone pays more in taxes than highly paid tech employees. Like in terms of tax bracket, that's about as bad as you can get. You know, two people in San Francisco making 400,000 dollars a year together. Cool. You're paying half of it in taxes.”
Karnjanaprakorn: The ultimate business model is levying taxes to fund infrastructure
“The ultimate business is, is taxes, you know, like tax citizens, and then funnel that into some cool infrastructure that you would build.”
Nagpal: Founders should not move geographically just for tax optimization
“Don't let the tax tail wag the dog. So I would rather live where I want to, and then figure out my taxes. So again, to me, the whole point of having money is to be able to live where I want.”
Autonomous tax-filing AI agents are achievable within the next few years
“You want to make a thing where you say, hey, computer, file my taxes, and it does the right thing. You know, I think we can get there. That's certainly in the next few years you know.”
Wood: Hardware Businesses Face Severe Tax and Cash-Flow Lag
“One of my big lessons was the amount of money you have to report on your tax return is unrelated to how much cash you have in the bank. In the hardware business, you know, you got to buy parts, you assemble them, So you got to buy the parts. You got to pay for…”
Rankin: Tax rules hinder crypto adoption because every transaction is taxable
“The way that taxes work for cryptocurrencies make it very arduous for businesses to work with cryptocurrencies because every time cryptocurrencies change hands, it's a taxable event. It must be recorded. Gains and losses must be calculated. The accounting syst…”
Levine: Corporate equity derivatives are driven by tax, accounting, and law, not finance
“Corporate equity derivatives are not really driven by finance. They're driven by taxes and accounting and securities law.”
Housing and taxes consume 70% of an average person's lifetime income
“For a normal person who is just doing what they do every day and not doing a spectacular one-time financial event about 70% of their money that they see in their lifetime goes to just two things. It's primary residence and taxes.”
Krugman: Fiat currency value is backstopped by taxes and state force
“What keeps most currencies valuable is the belief that, well, two things. The belief that governments will exercise restraint in issuing currency, ah, and the fact that legally you can pay taxes. So if you like, the thing, whole thing is backstopped by, ah, by…”
MacAskill: Taxes Differ from Charity by Funding Income-Enabling Public Goods
“The taxes that you're paying is like contributing to a well-functioning society. That is precisely what allows you to make that money in the first place. And therefore, I think that's kind of very different from charity.”
Egan: Changing portfolio allocations trades certain tax costs for uncertain benefits
“Taxes represent a fairly certain cost. Whereas, generally when people are changing their allocation, they're looking at an uncertain future benefit. So, if I reduce my risk today, I think that at some point over the next year, markets will drop, and I will hav…”