Democrats plan to tax "unrealized gains" with their sweeping tax proposal in 2025.

[Resnic]

The GOP better keep the House, otherwise the Democrats will jam through the massive tax plan in 2025. Of course they use the same cover story that it will ONLY be taxes on the "very wealthy" and "corporations". If you are dumb enough to believe that, you deserve to lose a few more thousand in income to the Feds.

Senate Finance Democrats look to raise revenue for 2025 tax cliff - Roll Call

Panel Democrats left a meeting aligned on the need for wealthy individuals and multinational corporations to pay more.

rollcall.com

It will be worded so it only hurts the non rich.

If it is unrealized gains across the board then all of their stock holdings and investments and such will be taxable. They will include a loophole for themselves and for their donators.

As trump pointed out.



They are rich, their friends are rich, their donators are rich. They won't do anything to hurt themselves or those that give them money.