Do you support taxing unrealized gains (Poll)

[kyzr]

What have we done to get money out of our political system? Saying corporations are people is one problem

I see you're not a man of La Mancha. No problem.

You can't get money out of politics, its "free speech".
Otherwise "the government" controls who gets money, that is communism.

Tilting At Windmills - Meaning & Origin Of The Phrase

What's the meaning and origin of the phrase 'Tilting at windmills'?

www.phrases.org.uk

To ’tilt at windmills’ is to attack imaginary enemies. (Not sure who you think is imaginary?)

The US Budget deficits and the US $35T DEBT can only be blamed on Congress, no one else.
Congress is NOT imaginary, they are real, and they need to have term limits so that they know they will have to live under the Laws they pass.

 

[Cellblock2429]

Based on the $100 million, no one in the middle class will be affected, and not all considered rich will be affected either!!!

/---/ I know that's the lie you libtards are pushing. But like everything else you Progs pass, it will involve more and more people at a higher and higher rate. And that is your goal.

the problem with tax on unrealized gains - Yahoo Search Results

There is significant criticism around the idea of a wealth tax, however. One of the most significant question remains a legal one. Critics argue that the federal government does not have the authority to tax individual assets outside of a transaction. This argument is primarily based on the Fifth Amendment Taking's clause, which reads in relevant part "nor shall private property be taken for public use, without just compensation" and on the Direct Taxation Clause of the Constitution which reads, in relevant part, "No Capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or enumeration herein before directed to be taken."

 

[alang1216]

You can't get money out of politics, its "free speech".
Otherwise "the government" controls who gets money, that is communism.

I think only Americans should have that free speech protection, not some (foreign-owned?) corporate entity. I also don't think it is good for our democracy to have billionaires buying the government.

The US Budget deficits and the US $35T DEBT can only be blamed on Congress, no one else.
Congress is NOT imaginary, they are real, and they need to have term limits so that they know they will have to live under the Laws they pass.

They certainly need something since they don't really represent people who can't donate to them, like corporations and billionaires.

 

[Cellblock2429]

If democrats win in November, the IRS will be going after unrealized gains. Is this even constitutional?

Unrealized Gain Tax—A Coming Sea Change in FY2025 Budget Proposal?

Among the most striking initiatives in the FY2025 Budget Proposal is a set of proposals taxing unrealized gains—a concept generally absent in tax frameworks due to val...

www.forbes.com

The policies proposed in the FY2025 budget target extremely high-net-worth individuals and entities, attempting to ensure wealth accumulation through investment is looped in to the taxable base—even when those investments are not sold. The general principle behind equitable taxation is that a broad base is to be preferred over higher rates—in other words, increasing tax revenue without imposing additional burdens on middle and lower income brackets, merely reshuffling the deck so higher income earners are taxed under existing rate structures.
Among the proposals is a plan to tax the unrealized gain on a trust, partnership or other non-corporate entity that has not been subject to a recognition event in the previous 90 years—something of a one time tax true-up for complex tax structures that are and have been growing untaxed for generations.

/----/ So Commie Harris is going to pay 50% taxes and give away most of her wealth now?

 

[JohnDB]

 

[kyzr]

I hope your projections are correct.

Getting all three "rust belt" states (PA, MI, WI) is the goal, but that will be hard to do.

 

[Lisa558]

Not sure I'd call that "fair" but ok.

Agree. It’s not fair for the people earning an aggregate of 26% of the income to pay 48% of the federal income taxes while half the people pay nothing at all.

 

[Hollie]

How could it even be done?

You report what your holdings are on Dec 31 of last year (say $800,000) and then this year (12%, so it’s now $900,000), and you have to pay taxes on an additional $100,000?

What if your salary is $100,000? You have to pay taxes on $200,000?

Great way to wipe out the savings of successful people, discourage investment, and make more people dependent on the Democrat Socialist Regime - which is what this is all about.

The democrats need more money for their illegals. At what point do they decide to tax “unrealized gains” on home appreciation?

Dims are like a black hole of want- they want what you have for their own.

 

[JohnDB]

RCP in 2016 had Hillary up by 6 points in nationwide poll averaging. She still lost the election.

Currently they have Harris by 1.5 points in poll averaging.
Assuming that these numbers and methods haven't changed their formulas at all....

It's looking like a landslide for Trump. However....the Harris campaign is chipping away at Trump's commanding lead. He is slipping in the polls. But is it enough?

We still do not have a platform from Harris. Nada, zero, nill.....empty set....division by zero.

Are they ever going to publish one?

 

[Cellblock2429]

The democrats need more money for their illegals. At what point do they decide to tax “unrealized gains” on home appreciation?

Dims are like a black hole of want- they want what you have for their own.

/----/ "At what point do they decide to tax “unrealized gains” on home appreciation?"
There is a whole thread on this. The Commie Libs are chomping at the bit to steal more money.

Do you support taxing unrealized gains (Poll)

If democrats win in November, the IRS will be going after unrealized gains. Is this even constitutional? https://www.forbes.com/sites/andrewleahey/2024/04/30/unrealized-gain-tax-a-coming-sea-change-in-fy2025-budget-proposal/ The policies proposed in the FY2025 budget target extremely...

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