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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains

Posted on 4/26/24 at 2:50 pm to
Posted by BlackAdam
Member since Jan 2016
6462 posts
Posted on 4/26/24 at 2:50 pm to
quote:

Imagine the magnificent 7 CEO’s having to liquidate 10% of their ownership shares each quarter to pay imaginary gains on their companies. This wouldn’t crash the economy in any way.

shite is literally impossible and stupid stupid stupidly dumb to even be on the table.


Yes, and while the goal is to stick it to the billionaire class, what do you think the impact will be on people with a 401K or mutual funds? The middle class is absolutely fricked.
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