ilmscore | Prediction Details
"the US government funds a large part of its revenue from capital gains taxes from basically tech stocks and certain States like California their whole income statement is basically how much money did they make from Tech Bros because their stock portfolios went up and so again if you're seeing stocks down 20 to 30% no one's paying any taxes the deficit is going to explode so the US government needs a higher stock market"
By Coin Bureau | August 7, 2024 | Pending
From video
BTC & ETH Price Prediction, SOL Vs. APT, Crypto & Elections With Arthur Hayes! 00:17:47 - 00:18:09
Interpreted Prediction
A significant stock market downturn (20-30%) would reduce capital gains tax revenue for the US government, increasing the deficit, thus necessitating higher stock market prices.

Prediction Details

Topic
US Government Revenue and Markets

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