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by hedora 1697 days ago
In the Twitter thread, Sweeney proposes a progressive capital gains tax maxing out at 75%. It would hit him personally, but still allow him to run his company. He’s not complaining about the magnitude of the tax. He’s complaining about the mechanism.
2 comments

He's 'proposing' something he knows is politically impossible. I predict he will find a way to run the company and make billions of dollars.
No, it would never hit him in a meaningful way. He has no intention of ever realizing most of his capital gains.