đš INSANE 25% tax on unrealized capital gains proposed by Kamala Harris
Imagine buying shares for $100,000, and their value rises to $150,000. Under Kamala's plan, you'd owe taxes on the $50,000 gain, even though you haven't sold the shares or made any actual profit.
Now, imagine the stock's value drops back to $100,000 the following year.
The gain you were taxed on has vanished.
Youâve already paid a 25% tax on a gain that no longer exists, leaving you with a financial loss and no real benefit.
Taxing unrealized gains would force investors to sell off assets to cover their tax bills, hurting long-term investment and economic growth.
This isnât just risky; itâs a recipe for a stock market crash and another Great Depression.
What's your view on this? Drop a comment below!
#elections2024 #kamalaharris #donaldtrump #trump #trading $BT
