retirement account caps

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Oct 2, 2021 by David Sacks · across every show →

Everything said about retirement account caps, oldest first

Oct 2, 2021 negative
Prediction Not checkable as stated
Sachs: Capping retirement accounts with tax penalties will warp savings incentives
“What it's going to do is it's going to get, it's going to give people an incentive. It's going to warp the incentives for saving because what it's going to say to people is you want to do well, but not too well. Because if you hit the cap, you're now subject t…”
David Sacks Oct 2, 2021 ▶ 1:00:58 E49: Coinbase CEO reflects on controversial blog, state of the markets, 1000 unicorns & more
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