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Started By
Message
re: Yellen wants Treasury to tax unrealized capital gains
Posted on 1/22/21 at 4:55 am to RebelExpress38
Posted on 1/22/21 at 4:55 am to RebelExpress38
This is a terrible idea and would be a nightmare to enforce. What if the stock misses earnings big one quarter and ends up tanking and becoming a 0% gain or even negative?
0
Posted on 1/22/21 at 5:39 am to RebelExpress38
Make it voluntary....see how many put their money where their mouth is
There are CEOs and Sr Execs of fortune 500 companies that are sitting on ...half a trillion in stock options and they voted for this and are using their position to to leverage the business after their own politics. Let's see if they go for this
There are CEOs and Sr Execs of fortune 500 companies that are sitting on ...half a trillion in stock options and they voted for this and are using their position to to leverage the business after their own politics. Let's see if they go for this
Posted on 1/22/21 at 5:47 am to Vestigial Morgan
I’m gonna convert everything to Swiss Francs.
Posted on 1/22/21 at 6:10 am to RebelExpress38
Unrealized capital gains can also include real estate as well that includes homes . This was a proposal to drive people to multiple dwelling homes .
Posted on 1/22/21 at 6:11 am to RebelExpress38
This would be a wealth tax, and to me, would need a Constitutional amendment.
I'm sure John Roberts will let it by, though.
I'm sure John Roberts will let it by, though.
This post was edited on 1/22/21 at 6:12 am
Posted on 1/22/21 at 6:16 am to RebelExpress38
quote:
Americans endure the final months of the pandemic
This sure is a rosier projection than when Trump was in office.
Heck, according to the MSM, we shouldn’t even have a vaccine by now!
Posted on 1/22/21 at 6:17 am to Jake88
quote:
How many of those imbeciles on Wall St. supported Biden? Could they not see this coming?
Getting rid of the bad orange man was more important.
It had to be accomplished.
Even if it meant cheating.
Posted on 1/22/21 at 6:29 am to RebelExpress38
So can I claim unrealized losses against my taxes?
Posted on 1/22/21 at 6:37 am to Jake88
quote:
How many of those imbeciles on Wall St. supported Biden? Could they not see this coming?
They still don’t think it means them. And maybe it doesn’t, you know exemptions and all
This post was edited on 1/22/21 at 6:39 am
Posted on 1/22/21 at 6:39 am to RebelExpress38
That didn't take long.
Posted on 1/22/21 at 6:41 am to thetempleowl
quote:
So people who save money are punished and get to give money to the idiots who spend it and haven't saved any. This is genius. Because they are idiots and will just spend it.
See the student loan repayment proposal
Posted on 1/22/21 at 6:46 am to thetempleowl
quote:
So people who save money are punished and get to give money to the idiots who spend it and haven't saved any.
You just described conservatives vs liberals.
Elections have consequences.
Massive spending = massive taxation.
Posted on 1/22/21 at 6:55 am to RebelExpress38
Wtf
What if I never sell the stock and realize those gains? Man we are so fricked. Time to go straight cash under the mattress
What if I never sell the stock and realize those gains? Man we are so fricked. Time to go straight cash under the mattress
Posted on 1/22/21 at 6:55 am to Oates Mustache
quote:
Can't wait to see the reaction when they come after 401k's. I seriously can't wait.
I’ll go ahead and pull my money out and take the hit.
Posted on 1/22/21 at 6:58 am to RebelExpress38
Every time the LEFT takes a jab at conservativism, we are one step closer to civil unrest and anarchy, period!
Posted on 1/22/21 at 7:02 am to oldskule
quote:
51% of the country can just vote to take away everything from 49%.
The FF warned us about this. Oh well...
Posted on 1/22/21 at 7:05 am to SCLibertarian
quote:
I can't wait to hear the vapid suburban white women who voted against Trump because he was mean complain about this because their husbands have cut their allowance due to these taxes. This is what they all deserve.
They’ll just divorce their husbands and get their allowance anyway.
Posted on 1/22/21 at 7:36 am to RebelExpress38
Since when can the Treasury levy a tax? Isnt that done by legislation passed by Congress?
Posted on 1/22/21 at 7:38 am to ClampClampington
Dow down 300 so far
Biden is going to kill this country.
Biden is going to kill this country.
Posted on 1/22/21 at 7:39 am to deltaland
quote:
Since when can the Treasury levy a tax? Isnt that done by legislation passed by Congress?
Hopefully the bitch is just spitballing
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