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Started By
Message
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 5/1/24 at 10:02 pm to I Love Bama
Posted on 5/1/24 at 10:02 pm to I Love Bama
quote:
Unrealized capital gains.
Does this mean we can deduct unrealized losses?
Lunacy.
Posted on 5/2/24 at 6:36 am to Grievous Angel
Somehow wealthy liberals tolerate this nonsense.
Posted on 5/2/24 at 8:19 am to jrobic4
quote:
No, it doesn't...would you tax people because the value of their unsold property goes up?!
Is this sarcasm? If not...
Wow you are a moron. You picked out the part where I said it makes sense in the news. Aka it is political theater. In the very next line I said it is impossible and will never happen.
Never once did I say I agree with taxing unrealized gains.
What's funny is that you used property though, because we absolutely tax people on their unsold property if value goes up.
So makes me wonder if this is sarcasm
Posted on 5/2/24 at 5:04 pm to RebelExpress38
It also affects inheriting property. Heirs would have to pay property tax or sell. I wonder if you add your heir as a co-owner in the title once paid vs a will or trust, would this bypass those inheritance taxes.
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