Imagine This: You Invest $50,000 in Shares, They Jump to $70,000. And Then You Get Taxed on Gains đ„đ„đ„
Picture this: you invest $50,000 in shares, and as time goes on, your investment soars to $70,000. Thatâs a sweet $20,000 profit! But hereâs the twist: with a proposed 25% tax policy from Kamala Harris, youâd owe taxes on that $20,000âeven if you never sold a single share.
đŁ Now, imagine the nightmare scenario: after paying taxes on your unrealized gains, the market crashes, and your shares plummet to $45,000. Youâve shelled out taxes on profits you never saw, and now your portfolio is worth even less than what you started with!
The ripple effects? Investors could be pushed into a wave of forced sell-offs just to cover taxes they canât afford, possibly triggering a stock market meltdown. This could lead to a financial system shake-up, echoing the devastation of the Great Depression.
Could aggressive tax policies like this be fueling the next big market crash? Is this setting us up for a financial crisis that could rattle global markets? đŽ
The clock is ticking. Are we heading toward disaster? đš Letâs hear your thoughts! Drop a comment below.
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