On MSDNC her rep was pushing it and got slammed. Tried to say it was just like a property tax, which is actually a use tax.
Her tax is just a means of taking your house, farm or small business when you can’t pay the tax.
And by the way it is unconstitutional.
Yep the whole idea of it is to force people to sell their houses so they can all become permanent renters for Blackrock.
It’s an assertion that they own everything and you own nothing.
Now be happy, serf.
Tax on unrealized gains means the interest you earned in your savings account at the end of the year will be taxed, this in effect reduces the money in your account. Any other unrealized gain will be taxed also. Your property value go up this year?, well guess what, now you owe taxes on that gain too.
I think they already tax interest earned in savings accounts as income.
You might be correct. It might be on stocks. If you bought Apple stock and didn’t sell it, but you still had a gain on it at the end of the year, it would be taxed as an unrealized gain. If you sold it next year and it went down in price, then you lost what you paid as unrealized gain and you also have a capital gains loss.
yes, that! It would be a disaster.
Check this out, just posted on GAW https://greatawakening.win/p/1994yGWbhv/trump-speaking-on-commie-kamalas/c/
Suddenly the entire US becomes Massachusetts...
It would never get through both houses of Congress.
We can agree to this if she is taxed on "unrealized claims!"