25% unrealized cap gains tax

Biden's proposal is nothing but theft of private property. You must sell your property in order to pay taxes. The taxes are on unsold property. That is what unrealized gains means.

This. is. nuts.

Only complete fools could propose this. Only complete fools would support it. Even a traitor should know better than to tip their hand this obviously. This doesn't do any good for anybody except those who want to cause pain and disruption. Maybe sadistic bastards would like it.

🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history.

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals. pic.twitter.com/ebiYWfO9Oj

— Watcher.Guru (@WatcherGuru) April 24, 2024