Taxing net worth risks bankrupting companies, Tim Pool argues

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1 hour ago

Taxing net worth risks bankrupting companies, Tim Pool argues — Taxing net worth risks bankruptcies

Tim Pool argues that taxing net worth is not feasible, claiming it would bankrupt companies whose leadership holds enough equity to become billionaires.

He also suggests that net worth is set arbitrarily, making such taxation impractical.

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Pool has previously commented on business spending by major media groups. He reported that Daily Wire invested heavily in films and hiring following revenue and viewership gains after COVID. The company’s expansion included large outlays tied to its post-pandemic growth.

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