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2024-10-07 22:42:21

alejandro on Nostr: The Democrats and their media say it’s ok to tax unrealized capital gains because ...

The Democrats and their media say it’s ok to tax unrealized capital gains because it only applies to the wealthy:

“But many posts ignore the fact that the plan would only impact those whose net worth is more than $100 million, or less than 1% of taxpayers, and falsely suggest that all homeowners should fear a new massive tax bill.”

Do you know what else only applied to the wealthy? The federal income tax approved in 1913 by congress after the ratification of the 16th amendment.

Today, everyone pays income tax.

Never give an inch on taxes. So call temporary or “ultra-wealthy” taxes always become permanent and systematically applied to all.

https://www.cnn.com/2024/10/06/politics/capital-gains-tax-harris-tiktok/index.html
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