Wenger advocates taxing all income and capital gains at a flat rate
Albert Wenger · Albert Wenger on Work After Capital · Jun 17, 2020 · at 49:17
Union Square Ventures partner Albert Wenger proposes tax reforms to fund Universal Basic Income, arguing for treating labor, interest, and capital gains identically.
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“Like you could have a flat tax rate. Every dollar is taxed the same way, by the way, independent where it comes from. I would tax every dollar. You get a dollar, whether it's from interest rate, capital gains, work, whatever, just you get a dollar, you pay taxes, same rate of taxes. Eliminate all the loopholes.”
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