Picture this: you invest $50,000 in shares, and they grow to $70,000âan impressive $20,000 gain. But under Kamala Harrisâ proposed 25% tax on unrealized gains, you'd owe taxes on that $20,000, even though you havenât sold your shares. Now, imagine a market crash, dropping your portfolio to $45,000 after you've already paid taxes on profits you never actually saw.
This could lead to a dangerous domino effect, forcing investors to sell off assets just to cover taxes, driving the market into a nosedive. The consequences could mirror the conditions that led to the Great Depression.
Could such a tax policy spark a financial meltdown? Is the economy on the brink of disaster? Let us know your thoughts!
#DOGSONBINANCE #BNBChainMemecoins #BinanceLaunchpoolHMSTR #FTXSolanaRedemption #BinanceLaunchpoolCATI
