Please help to support this channel's work:https://www.youtube.com/@Bitcoin_University/joinIn this video, I discuss how a government's money printers combined with an unrealized capital gains tax can be used to confiscate everyone's savings over a very short period of time.The more you print, the more you devalue cash and pump asset prices. You then use realized and unrealized capital gains taxes to harvest these pumping assets and steal from your citizens.Ultimately, the rich will flee a country that does this, tanking the stock market and leaving behind fewer jobs and more problems for the working and middle classes.The best hedge against terrible economic policies like this remains Bitcoin, which is portable and cannot be confiscated or debased or diluted by money printing.Not investment advice! Consult a financial advisor.Kamala's tax plan:https://x.com/Geiger_Capital/status/1825974387029238149https://x.com/zerohedge/status/1825982436884492550Current long-term capital gains rates:https://www.bankrate.com/investing/long-term-capital-gains-tax/#what-is-the-long-term-capital-gains-tax-rateWill these taxes only affect the ultra-wealthy?https://x.com/ZacksJerryRig/status/1826120823574540734https://x.com/lopp/status/1826252517526958229When Norway did this, their tax revenue actually fell:https://x.com/lopp/status/1825984507717021833Grocery Store Price Gouging?https://www.youtube.com/watch?v=9jg39-qim-o I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #taxes #capitalgains Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=8WDcFmyI95k