šØš„ Harrisā Unrealized Gains Tax: Market Meltdown? š„šØ
Imagine investing $50,000 that grows to $70,000 and facing a 25% tax on the $20,000 gaināeven if you havenāt sold! If the value drops to $45,000 next year, you still owe taxes on the gains that vanished. š²
This could force asset sell-offs, causing market chaos and potentially impacting savings, stock prices, and the economy.
Is this a disaster waiting to happen or just a new challenge for investors? Share your thoughts!
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