One More Thought: To Tax Or Not To Tax?

The video discusses the ongoing debate about taxing the rich in the US, highlighting how corporations use loopholes to avoid taxes and the implications of capital gains and wealth taxes. It examines New York's new tax strategy targeting millionaires and billionaires, and contrasts it with Hong Kong's tax incentives aimed at attracting investment. The video concludes by emphasizing the importance of considering unintended consequences in tax policy decisions.

What actions are investment managers taking in response to the tax breaks in Hong Kong?

What are the unintended consequences mentioned in relation to tax breaks?