🚹 A 25% tax on unrealized capital gains has been proposed by Kamala Harris. Imagine you buy shares for $100,000, and their value rises to $150,000. Under this 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 disappeared, but you’ve 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 approach isn’t just risky; it could lead to a stock market crash and another Great Depression. What’s your opinion on this? Share your thoughts below.

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