Will Taxing Unrealized Capital Gains Create a Fairer Economy?

Watch our debate at the University of Maryland, where Stephen Moore and Ben Harris debate, moderated by Tony Blankley Fellow Patrice Lee Onwuka.

0:00 - 11:10 - Opening remarks by the University and Steamboat Institute
11:10 - 12:30 - Opening remarks by Patrice Lee Onwuka and pre-debate poll
12:30 - 17:30 - Opening arguments by Ben Harris
17:30 - 22:50 - Opening arguments by Stephen Moore
22:50 - 27:00 - What is "fair"?
27:00 - 30:00 - Paying at death versus when passing money on
30:00 - 32:00 - Investing money
32:00 - 39:00 - Looking around the world, how do other countries do it?
39:00 - 43:50 - What is to stop the federal gov from lowering the tax threshold?
43:50 - 47:30 - How is the tax money being spent?
47:30 - 56:45 - How would the IRS enforce a policy like this?
56:45 - 58:00 - Does the purpose of the spending justify the tax?
58:00 - 1:02:00 - Would both sides of the aisle support this measure politically?
1:02:00 - 1:06:30 - Social Security is not working, how it would work properly invested.
1:06:30 - 1:10:00 - What are the chances of something like this actually passing?
1:10:00 - 1:12:00 - Exclusions and family businesses.
1:12:00 - 1:15:10 - Closing arguments.
1:15:10 - 1:17:10 - Post-debate poll results and closing statements.