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Friday, 04/26/2024 5:50:49 AM

Friday, April 26, 2024 5:50:49 AM

Post# of 22369
The commie party efforts to steal even more from folks just keeps marching on.. long article at the link, even the braindead on here should be able to
understand the stupidity, consequences of this effort to steal more as the commie party works hard to keep spending money they don't have (aka, kalifornia, chicago, illinois, fed gov't)

https://www.zerohedge.com/markets/taxing-unrealized-gains-would-obliterate-us-economy

Having used up all of the rest of the batshit, insane, counterintuitive economic dirty tricks left in the "we'll literally do anything but cut spending" bag, the Biden administration is pushing what could be the most destructive idea for our country since prohibition: taxing unrealized gains.

As part of its budget proposal for the 2025 fiscal year, the Biden administration is trying to raise an addition $4.3 trillion over 10 years in the worst way possible: imposing a minimum tax equal to 25 percent of a taxpayer’s taxable income and unrealized capital gains less the sum of their regular tax, for taxpayers with wealth over $100 million.
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