Kamala Harris Ready To Tax 25% On Unrealized Profits
Consider the following scenario: your $50,000 worth of stocks increase to $70,000. Even if you didn't sell, you would still be subject to tax on that $20,000 gain under Kamala Harris's proposed 25% tax! You might have to sell off stocks to pay your taxes if your shares fall below $45,000 the following year. This is because you would still be required to pay taxes on gains that you have since realised.
**Potential Outcomes:**
- **Impact on Middle-Class:** Personal investments, college money, and retirement savings may suffer.
- **Market Volatility:** Compulsory sell-offs may set off steep market drops that wipe out billions of dollars in value.
**Recession Risks:** A significant economic slump might be fuelled by widespread investment withdrawals.
Can investors adjust to this proposal, or is it a disaster waiting to happen? Tell us what you think this could mean for the economy!
#CPI_BTC_Watch #KamalaHorris #TrumpInPump #BinanceLaunchpoolHMSTR