šØ 25% Tax on Unrealized Gains? Kamala Harrisā Plan Could Trigger Market Chaos!
Imagine this: you invest $50,000 in stocks, and they rise to $70,000. Under Kamala Harrisā new tax proposal, youād be taxed 25% on the $20,000 unrealized gaināeven if you havenāt sold a share. Youād owe taxes on money still locked in the market!
The Risk:
If the market crashes and your shares drop to $45,000, youāre still stuck paying taxes on gains that disappeared. This could force investors into panic-selling just to cover tax bills, leading to market turmoil and a potential economic crisis.
Could This Spark Another Great Depression?
This tax could destabilize the stock market, leading to massive sell-offs and economic downturns.
Middle-class investors, retirement funds, and savings accounts are at risk, potentially triggering a severe recession.
Potential Fallout:
- Middle-Class Investors Hit Hard: Savings, retirement funds, and college accounts could take a big hit.
- Market Instability: Forced sell-offs could slash stock prices, wiping out billions.
- Economic Downturn:With investors pulling out, the risk of a severe recession looms.Is This Policy a Disaster Waiting to Happen?
Share your thoughts:
Will this tax plan wreak havoc on the market and economy, or will investors adapt? šŖļøš
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