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Houston Rockets owner: 'Our great Capitalism will come to an end' if Dems pass unrealized gains tax
https://www.foxnews.com ^ | 10/25/2021 | By Charles Creitz

Posted on 10/25/2021 7:32:25 PM PDT by RomanSoldier19

Houston Rockets owner Tilman Fertitta warned on Monday that the current inflation and supply chain crisis is taking a toll the U.S. economy.

Fertitta, who also owns the Landry's restaurant group and other properties, told "Fox News Primetime" that the supply chain crisis coupled with inflation and a labor shortage is doing lasting damage to the United States, while separately urging Americans to be understanding of the hospitality and retail workers who continue to do their jobs during this crisis.

"We have 4,000 openings right now," he said. "Between the Golden Nugget, all the restaurants and entertainment venues; people just don’t want to work anymore. I don’t know what happened to that part of capitalism."

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events; US: Texas
KEYWORDS: controlled; economy; goldennugget; houston; houstonrockets; landrysrestaurant; markcuban; nba; rockets; texas; tilmanfertitta

1 posted on 10/25/2021 7:32:25 PM PDT by RomanSoldier19
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To: RomanSoldier19

2 posted on 10/25/2021 7:35:07 PM PDT by Theoria
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To: RomanSoldier19

‘Rats want an Inflation Tax.

Where’s the ca$h going to come from to pay that?


3 posted on 10/25/2021 7:35:28 PM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: Paladin2

4 posted on 10/25/2021 7:38:21 PM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

Misery loves company.


5 posted on 10/25/2021 7:39:07 PM PDT by Tommy Revolts
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To: RomanSoldier19

The Dems also intend to eliminate the “Step up” provision from the Internal Revenue code. That will ruin a lot of people.


6 posted on 10/25/2021 7:43:59 PM PDT by Dalberg-Acton
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To: Paladin2

Almost feels like a fundamental transformation of America.


7 posted on 10/25/2021 7:44:15 PM PDT by sanjuanbob (I’ve got blisters on my fingers)
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To: Dalberg-Acton

Here’s a link to a definition of what the “step up” is:

https://taxfoundation.org/tax-basics/step-up-in-basis/


8 posted on 10/25/2021 7:46:23 PM PDT by Dalberg-Acton
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To: RomanSoldier19

Oh boy. He’ll be cancelled soon.


9 posted on 10/25/2021 7:52:14 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Federal-run medical care is as good as state-run DMVs.)
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To: RomanSoldier19

But he’s fine with vaccine mandates


10 posted on 10/25/2021 7:52:24 PM PDT by montag813
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To: montag813

If this is the same guy that owned Landry’s in the 90’s , he’s a Democrat and held big fundraisers for Clinton .


11 posted on 10/25/2021 8:05:33 PM PDT by katykelly
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To: katykelly

That’s true. Fertitta is a big Clinton lefty and it sounds like he’s in the process of getting mugged.


12 posted on 10/25/2021 8:16:54 PM PDT by OrangeHoof (Chinese communism will look different once the masks come off.)
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To: Tommy Revolts

Unrealized gains tax is like a person who hasn’t committed a crime yet but we are going to arrest you just incase


13 posted on 10/26/2021 3:13:09 AM PDT by ronnie raygun
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To: katykelly

What an a hole. These demonrats love to screw everyone else, but when their ox gets gored, “Woe is me!”.


14 posted on 10/26/2021 3:58:13 AM PDT by Machavelli (True God)
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