Former Senator Blanche Lincoln discusses her opposition to the Pro Act. Senator Wyden wants to tax “unrealized gains”. Glenn Leest, John Heilner discuss crypto currencies, reserve status and inflation.
Wednesday , October 27, 2021: Show# 1226
- (0:00-13:41) We knew this was coming, TAXING UNREALIZED GAINS! Democrat Senator floats one of the most reckless and dumb tax plans in the name of getting the billionaires. Jeff breaks down this “wealth tax” that he’s certain will start with the billionaires and be applied to everyone else down the road, just like the national income tax on only the rich in 1913!
- (13:42-26:29) Governments good at suspending the rules when convenient, try doing that in the private sector. AZ Marine stops hold up, gets recognized by Yuma County Sheriff while wearing “let’s go Brandon shirt”. Bad Mayor gets booed off stage, America has some of the worst leaders. Is banned parent also blocked from sending messages to elected representatives? Jeff gives a brief history of the 1913 income tax on “the rich”. Is history repeating itself?
- (26:30-43:25) Former Arkansas Senator Blanche Lincoln served as a Democrat from 1999-2011 and discusses why she’s opposing the Pro Act, how it would hurt labor, force union dues and negatively impact right to work states like Arizona.
- (43:26-57:16) Former Senator Jeff Flake confirmed as Ambassador of Turkey. Jeff corrects the Chicago Mayor booing story, drowned out with booing but not off the stage! (Tomato/tomato) Is Senator Wydens wealth tax already falling apart?
- (61:38-74:13) Glenn Leest and John Heilner of WT wealth Management weigh in on crypto currencies, inflation, reserve currency status, El Salvador and more. http://www2.wtwealthmanagement.com