Kamala Harris’s proposed 25% tax on unrealized gains could spell disaster. Imagine investing $50,000 in stocks, and the value rises to $70,000. Under this plan, you'd be taxed on the $20,000 gain—even if you haven’t sold any shares. But what happens if the stock’s value drops to $45,000 the following year? You’d still owe taxes on money you no longer have. This could lead to a mass sell-off, creating turmoil in the stock market and pushing the economy to a breaking point.

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