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re: Kamala Harris just released more tax policy proposals…jeez
Posted on 8/20/24 at 5:42 pm to LCrox
Posted on 8/20/24 at 5:42 pm to LCrox
quote:
I’ll say it… she’s throwing red meat to the stupid and uninformed faction of her party.
100%
I guarantee you a vast majority of her supporters couldn't tell you what taxing unrealized gains means, outside of "taxing the rich more" and "making them pay their fair share" and something about equity.
This is not a serious proposal, they know it'll get shot down with the quickness and they can blame Republicans (even though none of her base actually knows WHAT they truly shot down). They can then say "look, the Republicans are clearly the party of the rich white men, corporations, and billionaires!" and their base will eat it up.
0
Posted on 8/20/24 at 5:58 pm to skullhawk
quote:
Taxing unrealized gains is madness. How can anyone support such a stupid idea?
I know a few financial advisors who are voting for Kamala, talking about a death wish to their business…. I just can’t get my head wrapped around it
Posted on 8/20/24 at 6:08 pm to jchamil
quote:
What do they consider a "high-net-worth individual"?
Not on welfare or SSDI.
Posted on 8/20/24 at 6:09 pm to HailHailtoMichigan!
quote:
Didn’t you vote for this in 2020?
Posted on 8/20/24 at 6:10 pm to HailHailtoMichigan!
quote:
Wants to tax unrealized gains
How would they do that? Would you have to report basis on 1/1 then 12/31 and the tax is based on that? Does your basis in the stock increase by the amount taxed as unrealized? If you have an unrealized loss, doyouget to claim that? Sounds like a real boon for accountants everywhere
Posted on 8/20/24 at 6:10 pm to Statestreet
Financial advisors are only one step above ambulance chasers and realtors.
Posted on 8/20/24 at 6:31 pm to Seldom Seen
Patti Labelle already up tonight.
What song will the black jesus walk out to?
Or Big Mike?
I wonder if Beyonce devil worships and intros them?
Remember Steven Spielberg produced all of these lame videos and songs.
I think they did the rent a crowd rallies for Kamala just to make the videos. they don't care anymore.
BTW: where are the posters that swore to got Big Mike was running?
What song will the black jesus walk out to?
Or Big Mike?
I wonder if Beyonce devil worships and intros them?
Remember Steven Spielberg produced all of these lame videos and songs.
I think they did the rent a crowd rallies for Kamala just to make the videos. they don't care anymore.
BTW: where are the posters that swore to got Big Mike was running?
Posted on 8/20/24 at 6:33 pm to HailHailtoMichigan!
quote:
She wants highest cap gains tax in American history
Most tax is theft, but capital gains taxes are really theft.
Taxing an investor who already takes their taxed income to invest to make more money should be illegal.
Posted on 8/20/24 at 6:37 pm to SlowFlowPro
Taxes on unrealized gains has to be one of the most pants-on-head retarded tax proposals
Posted on 8/20/24 at 7:08 pm to skullhawk
quote:
Taxing unrealized gains is madness. How can anyone support such a stupid idea?
They’ll rationalize it as feeding school kids and building infrastructure
Posted on 8/20/24 at 7:13 pm to HailHailtoMichigan!
quote:
Wants to tax unrealized gains
This is the dumbest idea ever
Talk about killing economic growth
Posted on 8/20/24 at 7:47 pm to MemphisGuy
quote:
Well, you COULD be ubering at night and on weekends, so that right there could be potential income... better throw it in there...
How about we tax her lazy arse constituents on money they COULD have made if they'd actually get off their asses and work.
Posted on 8/20/24 at 8:02 pm to HailHailtoMichigan!
quote:
Wants to tax unrealized gains
frick this sideways
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