and chairman mike novogratz. time ago. so this is an homage to those days >> but it's new. but it looks like an -- it's got -- looks like it has unforgeable value like bitcoin >> you have to pay extra for that >> it's a unique item. >> last time you were on, you were a little too conventional, i think. now you are stepping out >> i had to come back. >> we're all -- >> back to my roots. >> and we're all benefiting from it, i think. what do you think, julia >> i think it's cool the term is not antique, it's vintage. the question is whether it's vintage or -- >> vintage, that was my point. vintage you can manufacture as much as you want antiques you can't they have to have age. it's like -- i don't know. anyway, but we digress we're going to talk about all these things >> distress. intentional distress >> you don't have to wash your jeans. they come that way you have jeans >> got jeans, got sneakers >> he's comfortable. >> no golden goose you have a golden goose? >> you can't talk about what's going on under the tab

mike novogratz this week said the idea that these people making 50 million or more or the billionairesre afraid, he said, you're not victims, you're the richest people in the world. can't these people that are worth 50 million or more afford 2 cents of every dollar beyond $50 million given the amount of money that that would raise? can't they afford it isn't there too much fear about it >> yeah, but they -- you know, you're not going to get it from them voluntarily unless you lower rates and they think the tax codes are fair people don't like to be ripped off. the rich people have earned the money. you want to tax them on the highest amounts and they don't want you to. >> that assumes -- you're just assuming no enforcement. >> you don't think you enforce it they can hire better lawyers and accountants and ex-irs agents than you can they're rich. >> forget about a wealth tax, higher marginal rates. how would you feel about the basic closing of loopholes around step-up basis when it comes to end of life, 1031 exchanges for the real estate folks, carried interest for the private equity fo