A 25% Tax on Unrealized Gains? Kamala Harris will bring trouble
Picture this: You invest $50,000 in shares, and their value rises to $70,000. Under this new proposal, you’d be taxed on that $20,000 gain—even if you haven’t sold a single share! But what happens if those shares plummet to $45,000 the next year? You’re still on the hook for taxes on money you no longer have. This could trigger a wave of mass sell-offs, sending shockwaves through the stock market and pushing the economy to the brink. Are we staring down the barrel of a new Great Depression? Share your thoughts below! 💬
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