(0:00) Chamath and Jason welcome Pete Buttigieg (1:31) Why the Democrats lost tech (6:40) Taxes: Federal wealth tax, wealth disparity, billionaires, the role of government in the free market (23:17) Government efficiency: Democratic DOGE, breaking ranks on debt, his plan to control spending (33:01) Culture Wars: The costly role of democratic identity politics, navigating a primary with moderate views, the two Democratic Parties (40:07) Immigration: Trump shutting the border, Biden’s failure (47:38) Working ...

France’s government remains opposed to a wealth tax put forward by the left even as Socialists maintain their threat to topple Lecornu if there is no significant increase in levies on the rich https://t.co/F2mTmMNy8F ...

From @WSJopinion: Newsom might not want a state wealth tax stalking his presidential bid, but would he oppose a national one if he wins? Don’t bet your Nvidia stock on it, writes Allysia Finley https://t.co/xcWd0l8d7G ...

France’s Socialists proposed a revised wealth tax as Prime Minister Sebastien Lecornu's fragile government remains under threat from bickering over the budget. https://t.co/7oYB57NQ0h ...

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could bring in about $100 billion to cover state health-care costs https://t.co/hazCw4tCAR ...

Economic Policy and Central Banks - The Fed needs to consider reforms, particularly regarding quantitative easing (QE), which has not been stimulative and has contributed to wealth inequality [1][2] - There is a call for the Fed to allow more market functionality and to be open to changes, especially concerning stable coins and short-term markets [1][2] - The current high capital gains tax in the US is seen as detrimental to market dynamism, and lowering it could lead to increased investment and growth [1][2][3] Taxation and Growth - Tax cuts are advocated for both the US and Japan to stimulate growth, with Japan's high marginal tax rate of 45% being a concern [1][2] - The idea of a temporary capital gains tax holiday is proposed, suggesting it could lead to a windfall for the government and potentially be extended if successful [2][3] - The impact of tax policies on market behavior is highlighted, with lower tax rates leading to increased equity values as they reflect growth opportunities [2][3] Interest Rates and National Debt - The current short-term interest rates set by the Fed at 4.15% are considered too high, especially in relation to long-term rates, indicating the Fed is behind the curve [3][4] - There is a concern that the national debt is too large, which could affect the demand for dollars, but recent trends show a preference for US assets as gold prices decline [3][4] - A suggestion for a 50 basis point cut in interest rates is made, arguing that the Fed should have started cutting earlier to align with market conditions [4][5]

RT Wall Street Mav (@WallStreetMav)Everywhere in Europe where they try a wealth tax, it has failed. Why? The rich change their county of residence to escape, then overall tax revenue declines.Socialists are economically illiterate. They are not satisfied with 50% of their economy being govt GDP. They want more. ...

Financial Strategy - Tunisia plans to utilize approximately $4 billion from the central bank in the coming year [1] - Tunisia is introducing a new wealth tax to address increasing financial requirements [1] Economic Policy - Tunisia is avoiding a potential International Monetary Fund (IMF) bailout [1]

Economists are aware of the problems that wealth taxes face. A growing number support their reintroduction regardless. That is a mistake https://t.co/2AJFQjr5eV ...

Main Argument - The arguments of economists today are wrongheaded regarding levies on wealth [1] Industry Perspective - The article critiques economic arguments supporting wealth levies [1]