Imagine this: You invest $20,000 in stocks, and your portfolio quickly grows to $30,000. Sounds like a dream, right? But wait—there’s a catch. Under Kamala Harris’s proposed 25% tax, you’d be taxed on that $10,000 gain, even if you never sold a single share. This is a capital gains tax that exists only on paper.
Now imagine this nightmare: after paying taxes on those gains, the market plummets. Your stocks are down to $18,000, and you’re left with less than you started with. You paid taxes on money you never even pocketed. But this isn’t just your story—it could be the fate of millions of investors.
The implications could be catastrophic. Faced with unexpected tax bills, investors may start dumping their stocks to cover their losses, triggering a market selloff. The result? A sharp decline in market sentiment, potentially mirroring the economic turmoil of the Great Recession.
Are we on the brink of a financial crisis? Could aggressive tax policies push us into economic chaos? The future of your investments—and the global economy—could be at risk. What do you think? Is this a disaster that no one saw coming? Share your thoughts below.
DYOR! #Write2Win #Write2Earn! #Write&Earn