Chapter
Clips
Discussed in this podcast, David and Chamath speculate on President Biden's tax plan, dissecting the potential outcomes and how the market is reacting.
1:04:45 - 1:06:36 (01:50)
Summary
Discussed in this podcast, David and Chamath speculate on President Biden's tax plan, dissecting the potential outcomes and how the market is reacting.
ChapterTax Talks Update
EpisodeE34: Wuhan lab leak theory, India's "traceability" law, Coinbase's fact check, Big Tech's Hollywood takeover
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US government debt is at a record high of 100% of GDP, and Biden's proposed $6 trillion budget would increase it to 117%.
1:06:36 - 1:07:19 (00:42)
Summary
The US government debt is at a record high of 100% of GDP, and Biden's proposed $6 trillion budget would increase it to 117%. Many states have reported surpluses and are holding lotteries with the extra funding.