- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Another WH proposal to tax "unrealized gains"
Posted on 3/27/22 at 7:16 am
Posted on 3/27/22 at 7:16 am
28
Posted on 3/27/22 at 7:18 am to TigersnJeeps
I guess they want to bring on the next great depression ASAP.
Posted on 3/27/22 at 7:19 am to TigersnJeeps
But what if they lose money on an investment already taxed? Do they now get the tax reimbursed? How does such a tax on unrealized gains work?
Posted on 3/27/22 at 7:21 am to Bwmdx
And what if the unrealized gain turns into a slightly larger unrealized gain in two years?
Posted on 3/27/22 at 7:21 am to TigersnJeeps
The government loves creating problems and then creating solutions to the problems they've created.
(Causes staggering inflation by printing trillions of dollars.
Raises taxes to pull money out of generational "wealth" held in land, precious metals, etc.)
frick the government. It's theft is what it is.
(Causes staggering inflation by printing trillions of dollars.
Raises taxes to pull money out of generational "wealth" held in land, precious metals, etc.)
frick the government. It's theft is what it is.
Posted on 3/27/22 at 7:23 am to TigersnJeeps
How would that even work? People would be forced to sell to cover their insane tax bills
What a truly awful idea and no chance that ever actually happens
What a truly awful idea and no chance that ever actually happens
This post was edited on 3/27/22 at 7:27 am
Posted on 3/27/22 at 7:25 am to TigersnJeeps
Who speculates what unrealized income is worth? Art, real estate, rare vehicles, etc.
The asinine Democrat plan only works for stocks.
The asinine Democrat plan only works for stocks.
Posted on 3/27/22 at 7:27 am to Pelican fan99
quote:
How would that even work?
quote:
People would be forced to sell to cover their insane tax bills
You will own nothing and be happy
Posted on 3/27/22 at 7:28 am to Ricardo
quote:
printing trillions of dollars.
The printing of the money was the original theft. This actually was billionaires stealing from the common man.
Posted on 3/27/22 at 7:28 am to tenderfoot tigah
It's all supposed to demonize and destroy those who live life responsibly.
Those who live within their means and save for the future will be taxed. Those that spend like drunken sailors will be rewarded.
Democrats always reward the stupid and irresponsible.
Those who live within their means and save for the future will be taxed. Those that spend like drunken sailors will be rewarded.
Democrats always reward the stupid and irresponsible.
Posted on 3/27/22 at 7:30 am to Bwmdx
Unrealized gains are most definitely not " Income, from whatever source derived ", so not taxable under the 16th amendment.
Posted on 3/27/22 at 7:33 am to Knartfocker
The goal is to make families with farm and other land sell their inherited property in order to pay the tax bill on it.
It won't start that way but will get there eventually. Then Blackrock and Bill Gates can buy it all up.
You'll own nothing and like it..
It won't start that way but will get there eventually. Then Blackrock and Bill Gates can buy it all up.
You'll own nothing and like it..
Posted on 3/27/22 at 7:55 am to Bwmdx
They’ll make sure that the tax rate on losses is lower. That should help out those who have losses.
Posted on 3/27/22 at 8:06 am to TigersnJeeps
And these idiots were all in favor of electing a democrat. They got the “ best” of all this time . People cannot spend their money properly they must have government take it and spend even more than they take .
Posted on 3/27/22 at 8:08 am to TigersnJeeps
Can they write off “unrealized depreciation and losses” as well?
Posted on 3/27/22 at 8:13 am to TigersnJeeps
That is simply raw meet for the crazies in the party. We have a larger problem if unrealized gains are taxed.
When your read Warren Buffet’s 2022 letter to shareholders, he dives straight into this topic. Shareholders have already paid large amounts of tax through the businesses. “We gave at the office.”
An earlier posted nailed it - their goal will start with billionaires then work their way to farm / land owners.
Scary stuff….but it is not income.
When your read Warren Buffet’s 2022 letter to shareholders, he dives straight into this topic. Shareholders have already paid large amounts of tax through the businesses. “We gave at the office.”
An earlier posted nailed it - their goal will start with billionaires then work their way to farm / land owners.
Scary stuff….but it is not income.
Posted on 3/27/22 at 8:19 am to TigersnJeeps
You will own nothing and not pay any taxes.
Who will fund the government?
Who will fund the government?
Posted on 3/27/22 at 8:21 am to Pelican fan99
quote:
What a truly awful idea and no chance that ever actually happens
When we have a digital currency and money suddenly dissappears from your account you will sing a different tune.
And digital currency is about 2 years away
Posted on 3/27/22 at 8:34 am to TigersnJeeps
quote:
"In effect, the Billionaire Minimum Income Tax payments are a prepayment of tax obligations these households will owe when they later realize their gains,"
This is the dumbest thing I have ever heard. They are going to tax people on income they haven't earned yet. So what if this income never happens? Will the government give you a refund on the taxes you paid on the income that never happened? Good Lord only a democrat could come up with something so insane.
Posted on 3/27/22 at 8:34 am to TigersnJeeps
I am okey with taxing the billionaires . too much money leads to political trickery
Page 1 of 3
Back to top
Follow TigerDroppings for LSU Football News