Fuck the government at all levels

Yes.

bullish guns & ammo

the parasitic empire feeds on the people and then blames them for it. 🤷

If I'm not mistaken, the SEC considers HNWIs as anyone with $1m in liquid investments minus their primary residence. I would assume this will push independent voters over to Republican as they simply cannot afford the risk of throwing off this cycle if they have any worthwhile investment portfolio...

Slippery slope

This is built on a theology of resentment. Kill the successful through confiscation of their livelihood

The tax code never taxes the rich; it taxes before you can become rich.

As if printing 40% of the circulating USD in a few years wasn’t taxing enough.

The cult inevitably wants all your assets.

First Australia and now the US... the idea of taxing UNREALIZED gains seems almost laughably stupid and short sighted. If you penalize people for investing by making it functionally punative to do so, what exactly do you expect will happen when your financial system is pretty much built on investmen...

NANCY PELOSI JUST FELL TO HER KNEES IN A NEIMAN’S

It's not like they're not gonna continue spending money like drunken sailors, anyway ^^ btw. vote against it or they will start use the unrealized gains thing against you hodlers

A 25% tax on unrealized gains would result in a complete liquidation of the entire stock market. Let’s get it started.

They were meant to protect our property, not steal it, fucking tyrants.

🤙

Unrealized gains tax is a red line for me. I don't need to live in America that much.

Socialism at its best. They will destroy the country to win the elections and stay in power. History repeats itself and most people just keep going with their zombie life 😡

That is right on track with The Sovereign Individual.

Secession is the only answer

Will never happen.

Won't win now

25% of nothing—only a kleptocratic state could come up with that

That is theft. There is no other word for it

They'll (still) never do that

Its amazing the blue sheep are so dumb they still support these commies. They believe they are the more educated smart ones, I guess because thats they are told when they get their little liberal arts degrees that majority them don't apply to anything but hey at least they paid a lot of money to ge...

Reminder that capital gains are calculated on US dollars and are NOT adjusted for inflation. If you have a stock that goes up 6% and you sell it, but the money supply goes up 7% in the same time frame, then the government dropped the value of your investments overall and is still demanding a cut of ...

Why fret, really? If Kamala gets in and institutes these measures, it wont change anything. High net-worth individuals wont be handing over 25% in unrealized gains. What will happen is it will galvanize those elite to build out infrastructure to help shelter wealth away from the State. This help...

How is this not MANDIBLES?

That what communists do. They steal from the rich and keep it for themselves while promising to help the poor

capital flight incoming

That's how income tax started. Only for the "wealthy".

high net worth individuals will be anyone making more than $60,000. thats what Sen. John Kerry proposed when he was running a few cycles ago.

Cantillionaires in disbelief