It's way too complex, right? So, when you have something really complex, that's something that can be taken advantage of, correct?
Let's simplify this thing. Let's rationalize this.
Trying to tax unrealizable capital gains would be disastrous.
Here was my proposal in 2017-2018. I call it a true Warren Buffett tax. Tax all business income at the ownership level.
This is the futility of trying to punish individuals, you know, trying to punish their success. It just doesn't work.
It ends up being incredibly complex.
One principle that we should abide by is wherewithal to pay.
fixing climate change isn't the solution.
we've already spent $5 to $6 trillion, that's $5,000 to $6,000 billion, trying to mitigate climate change, and we haven'...