A 20-30% Tax on Paper Profits? Kamala Harris Could Spell Trouble.
Imagine this: You invest $3,000 in stocks, and they soar to $30,000. But under a proposed new tax plan, you could be hit with taxes on that $6,000 gain—even if you haven’t sold a single share!
Now, picture those shares dipping to $19,000 the next year. You’d still owe taxes on profits you no longer have, potentially leading to massive sell-offs, market turmoil, and a looming economic crisis. Could we be teetering on the edge of another Great Depression?
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