Episode 171

Section 899: America’s Revenge Tax on International Investors

The US is gearing up to turn a trade war into a capital war. Trump’s signature fiscal bill proposes retaliatory levies on investors from countries the US deems to have “unfair” tax regimes.

But what exactly counts as an “unfair” tax? How likely is this to become law? And what could it mean for investors holding US assets or doing business in America?

And in today’s Dumb Question of the Week: What is capital flight?

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This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

Copyright 2023 Many Happy Returns

About the Podcast

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Many Happy Returns
The weekly podcast that makes better investors

About your hosts

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Ramin Nakisa

Ramin is an investment coach, YouTuber and founder of PensionCraft.

He worked for 15 years as an investment banking strategist and has published two books: “A Financial Bestiary” and “Invest in Fear”.
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Michael Pugh

Michael is a media executive in London, working in news, television and music.

He is an enthusiastic amateur investor and new dad.