如今，保尔森还是共和党总统候选人特朗普的“超级捐助者”。年内早些时候有消息人士披露，如果特朗普在今年的选举中获胜，他将招揽保尔森出任财政部部长。①Paulson recently stated that if Democratic presidential candidate Harris implements the proposed tax plan, the financial markets will collapse and the economy will fall into a recession; ②Earlier this year, insiders revealed that if Trump wins this year's election, he will recruit Paulson as Secretary of the Treasury.
Caixin reported on September 14th (Editor Zhao Hao) that American billionaire and hedge fund manager John Paulson recently stated that if Democratic presidential candidate Harris implements the proposed tax plan, the financial markets will collapse and the economy will fall into a recession.
Paulson, 68, entered the hedge fund industry in the 1990s, shorting about $25 billion in mortgage-backed securities during the subprime crisis, earning a huge profit of $15 billion for clients, known as the 'Wall Street God of Short Selling' and the 'number one in hedge funds.'
Today, Paulson remains a 'super donor' to Republican presidential candidate Trump. Earlier this year, insiders revealed that if Trump wins this year's election, he will recruit Paulson as Secretary of the Treasury.
Local time on Friday, September 13th, Paulson said in a media interview that the Democrats want to raise the corporate tax rate from 21% to 28%, increase the capital gains tax from 20% to 39%, and also impose a 25% tax on unrealized capital gains, 'If these policies are implemented, the market will undoubtedly collapse.'
It should be noted that the '39% capital gains tax' mentioned by Paulson is the 39.6% tax rate proposed by Biden in the 2025 fiscal year budget. Harris' proposal is to levy a 28% long-term capital gains tax on households with annual income of $1 million or more, adopting a compromise rate.
Paulson explained that if the specific plan to tax unrealized gains is implemented, the economy may soon fall into a recession, 'If the Biden-Harris team comes to power and implements the policies they have prepared, it will result in a large number of homes, stocks, companies, and art being sold off, which could immediately plunge us into a recession.'
Paulson predicts that even if Harris is elected, the new government will not continue in this way. It is worth noting that individuals close to Harris's campaign team have also stated that Harris has no intention of taxing unrealized gains, and the feasibility of such a plan passing Congress is also doubtful.
When it comes to Trump's tax plan, Paulson believes that if the tariff goals are implemented correctly, it will not lead to inflation. He also said that lower corporate tax rates and capital tax rates will stimulate economic growth, help increase tax revenue, and reduce the deficit gap.
During his first term, Trump also advocated for 'trickle-down economics' - reducing taxes on businesses and the wealthy in order to encourage investment, promote economic development, and ultimately increase the government's total tax revenue.
