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Recent Notes

James Lavish · 92w
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 ultim...
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StackHarder @Satstacker
I don't think they have any intention on implementing an unrealized capital gains tax. I think they will use it as a negotiating tool to get through a higher capital gains tax. They can say, see we gave in on the unrealized tax but were able to increase the capital gains tax to a negotiated 40% etc.
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James Lavish · 92w
I agree. But not everyone knows that. And some of the less financially interested voters would do well to understand this.
paulo · 92w
I’m not so sure. It may be a negotiating tactic right now. But they’re planting a seed in (ignorant and angry) people’s minds. There will come a time when those people are going to demand it. It’s just a matter of time and the right circumstances.