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nostrich
Let me be clear. If Kamala Harris somehow forces a 25% unrealized capital gains tax, the flight of capital out and subsequent collapse of the US markets would be absolutely breathtaking. And the ultimate result would be far lower tax revenues than we have right now.
5
Guerari · 77w
Right now, the exit tax on unrealized capital gains is holding certain Americans back to just vote with their feet. Once Kamala enforces an unrealized capital gains tax, every year, the current economic berlin wall will tear itself down