How President Joe Biden's new capital gains tax proposal could impact SPACs

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[neilb]

All this "Free Money" for stimulus checks and the Infrastructure Plan has to be paid back sometime. This is just the start of what is to come

[billcrowleyrd]

Billionaire oligarchs talking about higher taxes on working people. Because billionaires dont pay taxes . This is simply a means to crush the little guy into dust

[jamesdandy]

I'm not really worried about Warren Buffett. I'm sure he'll be ok

[alfredlawson]

The poor people are still affected! They raise prices to compensate for

[georgehakimian]

Anybody who doesn't think any tax proposal by this current administration will eventually have a negative effect on the economy is just plain wrong. Don't anybody let their possible jealously or hard feelings towards people having more material things than you might have cloud your judgement. Saving money & putting it to work in quality assets will overtime help people build wealth. Nothing happens overnight for most of us & smart investing does in most cases pay off.

[harrbrown]

The rich talking about how they’re going to keep us enslaved

[LeroyBrown]

Government can get totally out of my wealth and especially health. Be gone

[jkrogs]

“We the people is us, the government!” - Former Vice President Potato Joe Biden

[mrdanwilli]

I enjoyed your video, i am actually tired of worrying about stock and stuff.... It's driving me nuts these days I think crypto investment is far better than stocks

[cidsapient]

regular ppl have almost no incentive to invest in anything now
the only ppl that will be able to invest are the extremely wealthy who are making $100, 000s or more on any investment
the reason capital gains taxes were so low is to help ppl become wealthier thru investments...
this is also going to affect normals ppls retirement... but yea keep talking about how its going to take more from the rich... who can afford it...

[johnmiller]

You should never talk about the effects of any monetary hike with wealthy people like Buffet. The rich will always be the last to feel the pinch.

[StillLivinginthewoods]

If the left had their way capital gains would be taxed at 50%, and if the right had their way they wouldn't be taxed at all.
I'm in the middle on this issue.
I think capital gains should be taxed at an equal rate as earned income.

[rick]

Leslie is the best reason to watch CNBC!

👍

[tporcheron]

The risk capital for a SPAC sponsor is not nominal. It is usually 5% or more of the SPAC. This is millions of dollars that is lost if no deal is done.

[hwaters]

They remind me of the two white guys in Trading places with Eddie Murphy.

[BlackAbe]

Imagine the cheat in a Monopoly game. The banker slowly starts stealing. The banker realizes that the other players are in it for fun and don’t suspect any fowl play. The game goes on. Eventually, the thieving banker owns all the good properties. Hotels go up. Players get wiped out on a roll of the dice. The banker thinks. If I don’t control everything and stop stealing, the economy will collapse! Yes, but only for the Banker. P.s. this is Only an example of how some people cheat playing a board game. This in no way has any reflection on actual real life events. And if anyone thinks otherwise, that person is a kOnSpiracy theorist. Good day to you...

[wtrahan]

As always when talk of Taxing the rich, they really mean taxing everyone because taxing the rich mean, they pass it down to the less then average person buying or using their products. Which in turn overall increases cost of living. The rich do save on matters due to writing off more losses and donations, buying more to better themselves and the company they own. So really increase taxes actually benefits the rich, but makes average people have less money in their bank accounts . Fact. It’s like working overtime so many hours in a year but you end up paying a higher tax bracket so in turn overtime hrs work was for free due to making more and paying higher taxes, so average person gets it both ways and the rich again benefits from your overtime at their company, this really hurts single people at tax time. Good luck with higher taxes Democrats.

[ItsConstitutional]

I laugh because A) The Federal Reserve Note is Not Money but an IOU. (B) Tax laws[Title 36 usc] have Never been passed into Law by both House and Senate back in 1925 when they were "codified" within the United States Codes. The United States Codes are Administrative Rules for Administrative agencies ONLY. Taxes are only owed by those who work for the Government and not by the State Citizens! Go to my channel if you want to know more. Taxes are pure VOLUNTARY.

[harminderlakhanpal]

Great how no broadcaster is putting into context the phrase 'its a killer' from Buffet. He was talking in relation to Berkshire's ability to acquire businesses since the boom of SPACs. Go to the source for your information people!

[michael]

It's not a 'big investment', it's typically $500M-2B