Bill Ackman Warns Tax on 'Paper Wealth' and Government Waste Could ‘Destroy a Country’: ‘Incentives Drive All Human Behavior’
Bill Ackman says paper wealth taxes, government waste and borrowing help destroy a country.
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Why It Matters
A famous investor is worried that taxing stock gains and government spending waste could hurt the economy. When people worry about rules that change how money works, investors often pay close attention to what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.