๐จ Kamala Harrisโs Proposed 25% Tax on Unrealized Gains: Could Markets Be in for a Wild Ride? ๐
Picture this: your $50,000 stock investment grows to $70,000. Under this proposal, you could be taxed on that $20,000 gainโeven if you havenโt sold a thing. Now, imagine the market dips, and your holdings drop to $45,000. Youโd still owe taxes on that initial gain, even though the moneyโs no longer in your pocket. This kind of policy might drive panic selling, sending shockwaves through the markets and potentially sparking a downturn.
But it doesnโt stop there. The ripple effects could hit middle-class investors, retirement accounts, and even stifle innovation. With uncertainty looming, some might turn to crypto for more flexibility.
On the flip side, dappOS is revolutionizing Web3 by simplifying blockchain interactions. With its ability to help you earn on assets without giving up liquidity, and its seamless Intent Execution Network for decentralized apps, dappOS is raising the bar for DeFi. The partnership with Binance Web3 Wallet is also enhancing user experiences, opening doors to exciting features and rewards.
Will this proposed tax shake up the markets? Could platforms like dappOS offer a safe harbor in the DeFi space? Letโs hear your take!
