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AQuietNight
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Comments by "AQuietNight" (@AQuietNight) on "How Jeff Bezos Became Public Enemy Number One" video.
@Jorgec224 Stock when held is an unrealized gain and can't be taxed because the stock has no final value. Final value is set on the day it is sold. You want capital gains as low as possible to increase investment in industry and wealth generation. Jeff Bezos carefully calculated his investments in Amazon to produce the maximum growth while paying the lowest legal taxes. He did nothing illegal, he played by the rules to the letter and he did well for himself. I can tell you this with complete certainty, when you make things hard for people like Jeff Bezos, you end up making life hard for all society. You need them far more than they need you. I have my arguments about ole Jeff, but I do give the man credit for creating something few others could. Ignore the tax 'em more crowd, instead support the programs that would create more Jeff Bezos and Elon Musks. The more people that do that will make life easier for all of us as a country can always use more wealth and job creators.
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Most of Bezo's wealth is paper, not cash.
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