Janet Yellen wants to impose new Capital Gains tax…
(citizenfreepress.com)
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I say we impose FAUCI’s dog experiment on Janet Yellen
Totally THAT 👆🏼
“Treasury Secretary Janet Yellen suggests imposing a new tax on unrealized capital gains, which means stock gains would be taxed even when they have not been sold. Yellen says she wouldn’t “call that a wealth tax.” Good Ol’ “Taxation Without Representation”...ring any bells?!!
Is it refundable should you sell at a loss?
There’s no details yet...first we gotta see if this is enacted.
Sure. I was thinking of the can of worms this is for the taxpayer.
More like, (Yosemite Sam voice)...”them’s dyin words”!
Pay attention to this. The biggest impact on average Americans will be that most houses that would otherwise be passed down from parents to their adult children will now be sold off to the same Chinese megacorps that took advantage of the rent relief money conveniently not being distributed to small time landlords. Inherited property will be subject to these same "unrealized potential gains taxes" which will be entirely unaffordable for the average Joe/Jane. "You will own nothing."
We KNOW this is their plan. We also knew she/IT would trash the economy further. This is major and somehow needs to end.
I notice she doesn't seem to have a plan as to how this would be enacted.
Yellen, like Ellen...is a HE?!!
A nightmare. Prices bounce all over the place.